Very interesting. I did not know it. Thank you very much. Yes, at that time, this action would have changed the global economy.
Peace and best wishes. Xi On Apr 14, 11:11 pm, "Sumerian.." <[email protected]> wrote: > ======= > S1000+ > ======= > > --- On Tue, 4/14/09, Sumerian.. <[email protected]> wrote: > > From: Sumerian.. <[email protected]> > Subject: [govtwatch4] JFK's Executive Order No. 11110 > To: "sumerian" <[email protected]> > Date: Tuesday, April 14, 2009, 1:58 PM > > Another reason why JFK was executed. > > He wanted to liberate the Americans from the Bank of England role. > > ======= > > S1000+ > > ======= > > http://www.endthefed.us/ > > April 25th, 2009 > > Rally at Every Fed Bank and Office > > "Audit the Fed! Repeal The Fed!" > > Support HR 1207 and HR 833 > > > > http://www.john-f-kennedy. net/executiveord er11110.htm > > > > 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 certificats 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 gevernment 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, ifso, is he willing to pay the ultimate price for > > doing so? > > 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- > > 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 -- > > Byrevoking 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 the same end is a mere > coincidence. > > Abraham Lincoln's Monetary Policy, 1865 (Page 91 of Senate document 23.) > > Money is the creature of law and the creation of the original issue of > > money should be maintained as the exclusive monopoly of national > > Government. > > Money possesses no value to the State other than that given to it by > circulation. > > Capital has its proper place and is entitled to every protection. The > > wages of men should be recognised in the structure of and in the social > > order as more important than the wages of money. > > No duty is more imperative for the Government than the duty it owes the > > People to furnish them with a sound and uniform currency, and of > > regulating the circulation of the medium of exchange so that labour > > will be protected from a vicious currency, and commerce will be > > facilitated by cheap and safe exchanges. > > The available supply of Gold and Silver being wholly inadequate to > > permit the issuance of coins of intrinsic value or paper currency > > convertible into coin in the volume required to serve the needs of the > > People, some other basis for the issue of currency must be developed, > > and some means other than that of convertibility into coin must be > > developed to prevent undue fluctuation in the value of paper currency > > or any other substitute for money of intrinsic value that may come into > > use. > > The monetary needs of increasing numbers of People advancing towards > > higher standards of living can and should be met by the Government. > > Such needs can be served by the issue of National Currency and Credit > > through the operation of a National Banking system .The circulation of > > a medium of exchange issued and backed by the Government can be > > properly regulated and redundancy of issue avoided by withdrawing from > > circulation such amounts as may be necessary by Taxation, Redeposit, > > and otherwise. Government has the power to regulate the currency and > > creditof the Nation. > > Government should stand behind its currency and credit and the Bank > > deposits of the Nation. No individual should suffer a loss of money > > through depreciation or inflated currency or Bank bankruptcy. > > Government possessing the power to create and issue currency and > > creditas money and enjoying the right to withdraw both currency and > > credit from circulation by Taxation and otherwise need not and should > > not borrow capital at interest as a means of financing Governmental > > work and public enterprise. The Government should create, issue, and > > circulate all the currency and credit needed to satisfy the spending > > power of the Government and the buying power of the consumers. The > > privilege of creating and issueing money is not only the supreme > > prerogative of Government, but it is the Governments greatest creative > > opportunity. > > By the adoption of these principles the long felt want for a uniform > > medium will be satisfied. The taxpayers will be saved immense sums of > > interest, discounts, and exchanges. The financing of all public > > enterprise, the maintenance of stable Government and ordered progress, > > and the conduct of the Treasury will become matters of practical > > administration. The people can and will be furnished with a currency as > > safe as their own Government. Money will cease to be master and become > > the servant of humanity. Democracy will rise superior to the money > > power. > > Some information on the Federal Reserve The Federal Reserve, a Private > > Corporation One of the most common concerns among people who engage in > > any effort to reduce their taxes is, "Will keeping my money hurt the > > government's ability to pay it's bills?" As explained in the first > > article in this series, the modern withholding tax does not, and wasn't > > designed to, pay for government services. What it does do, is pay for > > the privately-owned Federal Reserve System. > > Black's Law Dictionary defines the "Federal Reserve System" as, > > "Network of twelve central banks to which most national banks belong > > and to which state chartered banks may belong. Membership rules require > > investment of stock and minimum reserves." > > Privately-owned banks own the stock of the Fed. This was explained in > > more detail in the case of Lewis v. United States, Federal Reporter, > > 2nd Series, Vol. 680, Pages 1239, 1241 (1982), where the court said: > > Each Federal Reserve Bank is a separate corporation owned by commercial > > banks in its region. The stock-holding commercial banks elect two > > thirds of each Bank's nine member board of directors. > > Similarly, the Federal Reserve Banks, though heavily regulated, are > > locally controlled by their member banks. Taking another look at > > Black's Law Dictionary, we find that these privately owned banks > > actually issue money: > > Federal Reserve Act. Law which created Federal Reserve banks which act > > as agents in maintaining money reserves, issuing money in the form of > > bank notes, lending money to banks, and supervising banks. Administered > > by Federal Reserve Board (q.v.). > > The FED banks, which are privately owned, actually issue, that is, > > create, the money we use. In 1964 the House Committee on Banking and > > Currency, Subcommittee on Domestic Finance, at the second session of > > the 88th Congress, put out a study entitled Money Facts which contains > > a good description of what the FED is: > > The Federal Reserve is a total money-making machine.It can issue money > > or checks. And it never has a problem of making its checks good because > > it can obtain the $5 and $10 bills necessary to cover its check simply > > by asking the Treasury Department's Bureau of Engraving to print them. > > As we all know, anyone who has a lot of money has a lot of power. Now > > imagine a group of people who have the power to create money. Imagine > > the power these people would have. This is what the Fed is. > > No man did more to expose the power of the Fed than Louis T. McFadden, > > who was the Chairman of the House Banking Committee back in the 1930s. > > Constantly pointing out that monetary issues shouldn't be partisan, he > > criticized both the Herbert Hoover and Franklin Roosevelt > > administrations. In describing the Fed, he remarked in the > > Congressional Record, House pages 1295 and 1296 on June 10, 1932, that: > > Mr. Chairman,we have in this country one of the most corrupt > > institutions the world has ever known. I refer to the Federal Reserve > > Board and the Federal reserve banks. The Federal Reserve Board, a > > Government Board, has cheated the Government of the United States and > > he people of the United States out of enoughmoney to pay the national > > debt. The depredations and the iniquities of the Federal Reserve Board > > and the Federal reserve banks acting together have cost this country > > enough money to pay the national debt several times over. This evil > > institution has impoverished and ruined the people of the UnitedStates; > > has bankrupted itself, and has practically bankrupted our Government. > > It has done this through the maladministration of that law by which the > > Federal Reserve Board, and through the corrupt practices of the moneyed > > vultures who control it. > > Some people think the Federal reserve banks are United States > > Government institutions. They are not Government institutions. They are > > private credit monopolies which prey upon the people of the United > > States for the benefit of themselves and their foreign customers; > > foreign and domestic speculators and swindlers; and rich and predatory > > money lenders. In that dark crew of financial pirates there are those > > who would cut a man's throat to get a dollar out of his pocket; there > > are those who send money into States to buy votes to control our > > legislation; and there are those who maintain an international > > propaganda for the purpose of deceiving us and of wheedling us into the > > granting of new concessions which will permit them to cover up their > > past misdeeds and set again in motion their gigantic train of crime. > > Those 12 private credit monopolies were deceitfully and disloyally > > foisted upon this country by bankers who camehere from Europe and who > > repaid us for > > our hospitality by undermining our American institutions. > > The Fed basically works like this: The government granted its power to > > create money to the Fed banks. They create money, then loan it back to > > the government charging interest. The government levies income taxes to > > pay the interest on the debt. On this point, it's interesting to note > > that the Federal Reserve act and the sixteenth amendment, which gave > > congress the power to collect income taxes, were both passed in 1913. > > The incredible power of the Fed over the economy is universally > > admitted. Some people, especially in the banking and academic > > communities, even support it. On the other hand, there are those, both > > in the past and in the present, that speak out against it. One of these > > men was President John F. Kennedy. His efforts were detailed in Jim > > Marrs' 1990 book, Crossfire: > > Another overlooked aspect of Kennedy's attempt to reform American > > society involves money. Kennedy apparently reasoned that by returning > > to the constitution, which states that only Congress shall coin and > > regulate money, the soaring national debt could be reduced by not > > paying interest to the bankers of the Federal Reserve System, who print > > paper money then loan it to the government at interest. He moved in > > this area on June 4, 1963, by signing Executive Order 11,110 which > > called for the issuance of $4,292,893,815 in United States Notes > > through the U.S. Treasury rather than the traditional Federal Reserve > > System. That same day, Kennedy signed a bill changing the backing of > > one and two dollar bills from silver to gold, adding strength to the > > weakened U.S. currency. > > Kennedy's comptroller of the currency, James J. Saxon, had been at odds > > with the powerful Federal Reserve Board for some time, encouraging > > broader investment and lending powers for banks that were not part of > > the Federal Reserve system. Saxon also had decided that non-Reserve > > banks could underwrite state and local general obligation bonds, again > > weakening the dominant Federal Reserve banks. > > A number of "Kennedy bills" were indeed issued - the author has a five > > dollar bill in his possession with the heading "United States Note" - > > but were quickly withdrawn after Kennedy's death. According to > > information from the Library of the Comptroller of the Currency, > > Executive Order 11,110 remains in effect today, although successive > > administrations beginning with that of President Lyndon Johnson > > apparently have simply ignored it and instead returned to the practice > > of paying interest on Federal Reserve notes. Today we continue to use > > Federal Reserve Notes, and the deficit is at an all-time high. > > The point being made is that the IRS taxes you pay aren't used for > > government services. It won't hurt you, or the nation, to legally > > reduce or eliminate your tax liability. > > Martina McBride - A Broken Wing > > http://www.youtube. com/watch? v=5RTX6DxJ5G8 > > --- On Mon, 4/13/09, calgirlsddd85021@ yahoo.com <calgirlsddd85021@ yahoo.com> > > [ > > __,_._,___ --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
