-Caveat Lector-

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To:                     americanfreedomlovers <[EMAIL PROTECTED]>
From:                   ab <[EMAIL PROTECTED]>
Subject:                SNET: JFK's Executive Order No. 11110, June 4, 1963
Date sent:              Sat, 23 Nov 2002 11:29:09 -0800
Send reply to:          [EMAIL PROTECTED]


On June 4, 1963, a little known attempt was made to strip the Federal Reserve
Bank of its power to loan money to the government at interest. On that day
President John F. Kennedy signed Executive Order No. 11110 that returned to
the U.S. government the power to issue currency, without going through the
Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue
silver certificates against any silver bullion, silver, or standard silver
dollars in the Treasury." This meant that for every ounce of silver in the
U.S. Treasury's vault, the government could introduce new money into
circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into
circulation. The ramifications of this bill are enormous.

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 of these 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 the Federal Reserve notes are not backed by anything.
Executive Order 11110 could have prevented the national debt from reaching
its current level, because it would have given the government 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 11110 gave the
U.S. the ability to create its own money backed by silver.

After Mr. Kennedy was assassinated just five months later, no more silver
certificates were issued. The Final Call has learned that the Executive Order
was never repealed by any U.S. President through an Executive Order and is
still valid. Why then has no president utilized it? Virtually all of the
nearly $6 trillion in debt has been created since 1963, and if a U.S.
president had utilized Executive Order 11110 the debt would be nowhere near
the current level. Perhaps the assassination of JFK was a warning to future
presidents who would think to eliminate the U.S. debt by eliminating the
Federal Reserve's control over the creation of money. Mr. Kennedy challenged
the government of money by challenging the two most successful vehicles that
have ever been used to drive up debt - war and the creation of money by a
privately-owned central bank. His efforts to have all troops out of Vietnam
by 1965 and Executive Order 11110 would have severely cut into the profits
and control of the New York banking establishment. As America's debt reaches
unbearable levels and a conflict emerges in Bosnia that will further increase
America's debt, one is force to ask, will President Clinton have the courage
to consider utilizing Executive Order 11110 and, if so, is he willing to pay
the ultimate price for doing so?

Executive Order 11,110 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-

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 denomination of such silver certificates, and
to coin standard silver dollars and subsidiary silver currency for their
redemption

and --

By revoking subparagraphs (b) and (c) of paragraph 2 thereof. Sec. 2. The
amendments 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.

Of course, the fact that both JFK and Lincoln met the same end is a mere
coincidence http://www.wealth4freedom.com/truth/EO11110.htm

"We are apt to shut our eyes against a painful truth... For my part, I am
willing to know the whole truth; to know the worst, and to provide for it." --
 Patrick Henry


Arminus

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