JFK vs. The Federal Reserve – Any President could enact this Executive Order any day, or the first day in office.
This interesting read about Executive Order 11110 (a presidential decree inacted June, 4th 1963) that strips the Federal Reserve of it’s authority to charge interest on money loaned to the US government (money that is created out of thin air). This order has never been repealed and could be enacted immediately. This is some powerful information and is quite relevant today.
John F. Kennedy vs. The Federal Reserve
On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business. The Christian Common Law Institute has exhaustively researched this matter through the Federal Register and Library of Congress. We can now safely conclude that this Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order. In simple terms, it is still valid.
When President John Fitzgerald Kennedy – the author of Profiles in Courage – signed this Order, it returned to the federal government, specifically the Treasury Department, the Constitutional power to create and issue currency – money – without going through the privately owned Federal Reserve Bank. President Kennedy’s Executive Order 11110 [the full text is displayed further below] gave the Treasury Department the explicit authority:
“to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury.”
This means that for every ounce of silver in the U.S. Treasury’s vault, the government could introduce new money into circulation based on the silver bullion physically held there. As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations. $10 and $20 United States Notes were never circulated but were being printed by the Treasury Department when Kennedy was assasinated. It appears obvious that President Kennedy knew the Federal Reserve Notes being used as the purported legal currency were contrary to the Constitution of the United States of America. “United States Notes” were issued as an interest-free and debt-free currency backed by silver reserves in the U.S. Treasury.
President Kennedy was assassinated on November 22, 1963 and the United States Notes he had issued were immediately taken out of circulation. Federal Reserve Notes continued to serve as the legal currency of the nation. According to the United States Secret Service, 99% of all U.S. paper “currency” circulating in 1999 are Federal Reserve Notes.
Kennedy knew that if the silver-backed United States Notes were widely circulated, they would have eliminated the demand for Federal Reserve Notes. This is a very simple matter of economics. The USN was backed by silver and the FRN was not backed by anything of instrinsic value. Executive Order 11110 should have prevented the national debt from reaching its current level (virtually all of the nearly $9 trillion in federal debt has been created since 1963) if LBJ or any subsequent President were to enforce it. It would have almost immediately given the U.S. Government the ability to repay its debt without going to the private Federal Reserve Banks and being charged interest to create new “money”. Executive Order 11110 gave the U.S.A. the ability to, once again, create its own money backed by silver and real value worth something.
Again, according to our own research, just five months after Kennedy was assasinated, no more of the Series 1958 “Silver Certificates” were issued either, and they were subsequently removed from circulation. Perhaps the assassination of JFK was a warning to all future presidents not to interfere with the private Federal Reserve’s control over the creation of money. It seems very apparent that President Kennedy challenged the “powers that exist behind U.S. and world finance”. With true patriotic courage, JFK boldly faced the two most successful vehicles that have ever been used to drive up debt: 1) war (Viet Nam); and, 2) the creation of money by a privately owned central bank. His efforts to have all U.S. troops out of Vietnam by 1965 combined with Executive Order 11110 would have destroyed the profits and control of the private Federal Reserve Bank.
Executive Order 11110
AMENDMENT OF EXECUTIVE ORDER NO. 10289 AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY
By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:
SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended –
(a) By adding at the end of paragraph 1 thereof the following subparagraph (j):
“(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption,” and
(b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.
SECTION 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.
John F. Kennedy, THE WHITE HOUSE, June 4, 1963
Revocation : Executive Order
E.O. 11110 was never reversed by President Lyndon B. Johnson and the section added to E.O. 10289 remained on the books until President Ronald Reagan issued Executive Order 12608 on September 9, 1987 as part of a general clean-up of executive orders. E.O. 12608 specifically revoked the section added by E.O. 11110 which effectively revoked the entire Order. By this time, however, the remaining legislative authority behind E.O. 11110 had been repealed by Congress when Pub.L. 97-258 was passed in 1982.
In March 1964, Secretary of the Treasury C. Douglas Dillon halted redemption of silver certificates for silver dollars. In the 1970s, large numbers of the remaining silver dollars in the mint vaults were sold to the collecting public for collector value. All redemption in silver ceased on June 24, 1968
SIMPLY PUT: DEBT FREE Monetary System Vs. European DEBT BASED Monetary System:
The easiest way to explain the Federal Reserve System is to compare it to a Credit Card Company Bank.
Under a Debt Free System, you make a $1000 dollars, you keep a $1000 dollars.
Under a European Debt Based System, you make a $1000 dollars, you have to give it to the Credit Card Bank (Private Federal Reserve), who LOANS it back to you with INTEREST.
So now you OWE the BANK $1000 plus Interest, on your own money! It’s the SCAM OF HUMANITY !!!
Imagine having to give all your money to a Private Bank, and then they turn around and Loan you, your own money with Interest.
That’s EXACTLY what the US Government does.
You Can’t Borrow Your Way Out Of DEBT! No one Can! The WHOLE SYSTEM is an Insidious DEBT TRAP !!!
To pay, just the Interest on this money alone, never mind paying it back, is breaking the US Government and the American People.
And that’s only the small basic part of the Private Federal Reserve Scam and Fraud on America and others.
But Executive Order 11110 takes care of this Major Issue.
We urge all American Citizen’s that come across this article to spread it and to send it to your Congressional Representation. Only working together can we solve the problems that face us.
Although we haven’t spoken to or had any direct contact with Senator Bernie Sanders, or Representatives Dennis Kucinich, and Dr. Ron Paul, based upon their many comments and actions on the subject of the Private Federal Reserve System, we feel strongly that they would all support such a move.
This Executive Order Frees up Money that the Government can spend into the Economy in any number of ways for infrastructure and new energy projects, and a multitude of projects that they can’t fund under the Present Monetary System. It’s impossible!
The World Bankers, Rothschild’s, have anticipated America’s return to Silver to get away from the Private Federal Reserve System and have cornered the market in silver and driven up the price into a bubble.
This is of no concern. “It doesn’t matter what backs the money. It only matters who controls it’s Quantity.”
We already issue Debt Free money without going through the Federal Reserve in the form of coins. Right now that makes up less than 3% of the money supply. It would be very easy to make coins in large sizes and denominations, including bars, and make US Treasury Notes (Silver Certificates) based upon the coinage produced.
The New JFK style Silver Certificates will be silver of course, to distinguish America’s New Debt Free Money, from the Green Privately owned and operated, Federal Reserve Notes.
I know we hate to see the beloved Greenback disappear. But the Rothschild run Federal Reserve, has totally corrupted the Debt Free Lincoln Greenback into a European Debt Based Private Central Bank Note. The very thing America’s been struggling against since her inception.
We now have the answer to Freedom from the Fed which will allow us to grow and prosper again.
What are we going to do with it?
Let it wither on the vine?
It is now the Main Priority of the True Democracy Party to realize John F. Kennedy’s Dream and the dream of our forefathers, of a Country free of dependence on a corrupt and economically oppressive and destructive, Private Central Banking System.
To learn more, you should watch the video’s below.
JFK, Executive Order 11110 and the Warren Commission
JFK Executive Order 11110
The Federal Reserve Fraud Part 1 of 5