3.04.2012

6/4/1963, A known attempt was made to strip the Federal Reserve Bank (a private corporation) of its power to loan money to the U.S. Gov't at interest

6/4/1963, A known attempt was made to strip the Federal Reserve Bank (a private corporation) of its power to loan money to the U.S. Gov't at interest. On that day President Kennedy signed Executive Order #11,110 that returned to the U.S. Gov't the power to issue currency, without going through the Federal Reserve. The power was taken from the gov't on 12/22/1913 when the federal reserve act was signed. It handed  to the few men that own the federal reserve bank of new york sole power of a country's money. This private corporation owns the right to print our money and issue it charging interest, setting the interest rate. Ultimately keeping the gov't, and citizens forever in debt.

President Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury


With the stroke of a pen, Mr. Kennedy was on his way to putting the federal reserve bank of New York out of business.
If enough silver certificates were to come into circulation; they would have eliminated the demand for federal reserve notes.
This is because the silver certificates are backed by silver, and federal reserve notes are backed with nothing. Worthless.

Executive Order 11,110 could have prevented the national debt from reaching its level, which is close to 70 trillion dollars. An inconceivable number. It also would have given the gov't the ability to repay its debt without going to the federal reserve and being charged interest in order to create the new money.
Executive Order 11,110 gave the U.S. the ability to create its own money backed with silver.

He was assassinated 5 months later. No more certificates were issued.
Executive Order 11,110 was never repealed by any U.S. President and is still valid.
No President has utilized it since.

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