JFK, Executive Order 11110 and the Warren Commission

http://www.whatreallyhappened.com

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 The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid.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

RP 2012. And that sure as sht doesn't mean Rick perry.

[Bonigee]

@GEERUP  I agree! END THE FED (the true criminals) and vote for Ron Paul 2012

[iSkate7104]

J. Edgar took out JFK. That is how I feel it was definitely an inside job

[creamycurdy]

@Dolph78727

And what does china have to do with America exactly?

[jbkibs]

i'll give you a simpler connection. Andrew Jackson. the (not at all) federal reserve bank has already tried to assassinate people before...

[jbkibs]

Ronald ERNEST Paul 2012!

[inasimpleryme]

I'm a constitutionalist and conservative and very engaged in changing our government for the better and believe the Federal Reserve is an extremely flawed system, however, PLEASE DO NOT BE GULLIBLE. BE NOBLE MINDED AND REALLY DO YOUR HOMEWORK ON THESE TYPES OF TOPICS. MISINFORMATION AND KNEE JERK REACTIONS WILL ONLY HURT OUR CAUSE AND GIVE THE LIBDEMS MORE CREDIBILITY.

[inasimpleryme]

To conserve on the silver needs of the Treasury, President Kennedy requested legislation needed to bring the issuance of Silver Certificates to an end and to authorize the Fed to issue small denomination notes. The Fed began issuing small denomination notes almost immediately after the legislation was passed. And in Oct 1964 the Treasury ceased issuing Silver Certificates altogether. If anything EO 11110 enhanced Federal Reserve power and did not in any way reduce it.

[inasimpleryme]

Hence, for administrative convenience, President Kennedy issued Executive Order 11110.

Ironically, the purpose of the order and the legislation was to decrease the circulation of Silver Certificates, with Federal Reserve Notes taking their place.