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JFK / Ron Paul / Martin Luther King Jr.

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Uploaded by on Apr 22, 2008

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 The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid.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

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Uploader Comments (tiffsherwood)

  • Those bastards killed that little boy sitting under his daddy's desk . . . Why, Why does our world have to be like this????? How great a country the USA could have become with leaders like those. How wonderful a world we could live in.

    Canada

  • Canada? I don't believe in Socialism. No Thanks.

Top Comments

  • I am more convinced today than I have ever been that the international banksters assassinated John Fitzgerald Kennedy for his attempts to expose the corruption of the CIA and the corruption of the international banksters who run the Federal Reserve and the CIA. The elephant in Congress is that the Federal Reserve is not the nation's bank. It is a private cartel of international banksters who care not for the USA, but only care for themselves and their power. Google: Executive Order 11110.

  • How dare...HOW DARE...ignorant Americans compare Obama to Martin Luther King Jr. and JFK! It is like night and day; good and evil; right and wrong. Wake up people!

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  • The American People is IDIOTIZED by too much of everything, made in china crap, beer and football induced coma, the citizens of the empire can't see beyond their noses, that the future of America s sold to the owners of the world and the federal reserve, Ron Paul is the ONLY HOPE to end this rule and survive, but as far as I can see the Empire is Going Down without hope while playing stupid political games, Ron Paul is being IGNORED by the Media and the people, hope is not too late.

  • Chris Wallace is a pathetic minion. He takes his marching orders from the evil fox empire establishment media. I can't believe he asked that question. We are in their country. They are taking marching orders from us. It is scary to think that the most sane man running in the presidential race is one that's called crazy. Humans are stupid. That's my new campaign slogan suggestion for Ron Paul. A real populist message that would make him a "viable" candidate.

  • @MacCoinneach and they have OBAMA stickers where the O is a peace sign.....smh

  • RON PAUL 2012. PLEASE VOTE.

  • anyone know where the music is from that's playing during the MLK speech?

  • @tiffsherwood

    Dont worry about Canada, the US is practically a socialized country

  • J.F Kennedy, Bob Kennedy, Dr. Martin Luther king Jr., these were an amazing people. We would be living in a better America had any of these three not been assassinated. They killed our country when they took these men from us.

    We need to rein in the military machine, end the federal reserve and get back to the constitution of this country. I feel, sadly that it isn't going to happen.

  • @tiffsherwood I dont belive in socialism ether. Canada doesnt represent it though. In fact, most have thier facts mixed up as to what capitalism and socialism are. Canada has a very fundementally strong economy relative to ours.

  • Gosh damn those Fox guys are pathetic. Go Ron Paul ur a hero and a patriot. This should be the face of Christian Conservatives, not Palin and Huckabee. Paul was literally the only person worth voting for in that bunch of flunkees.

  • Ron Paul 2012!!

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