TV News LIES

Saturday, Sep 05th

Last update04:43:46 AM GMT

You are here News Of Special Interest President John F.Kennedy,The Federal Reserve And Executive Order 11110

President John F.Kennedy,The Federal Reserve And Executive Order 11110

E-mail Print PDF

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.

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 The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid.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?

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 -

More...


Most Recent Related Stories...


Wes Craven, US horror filmmaker, dies aged 76

Wes CravenAmerican horror film director Wes Craven, creator of the Nightmare on Elm Street franchise, has died...

Neurologist and author Oliver Sacks dies, aged 82

Oliver Sacks, neurologist and author, diesDr. Oliver Sacks, the neurologist who studied the intricacies of the brain and wrote eloquently about...

Pope Francis Blesses a Lesbian, Her Family, and Her Writing For Kids

Pope Francis blesses lesbianOne of the most challenging jobs on the planet must surely be doing public relations for...

Ohio Cop Pulls Over Black Man Who 'Made Direct Eye Contact' With Him

John Felton pulled over for eye contact with copEarlier this month, a police officer in Dayton, Ohio, tailed a man by the name of...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!