posted on Feb, 16 2011 @ 04:37 AM
reply to post by korathin
that's AMAZING !!!
I had no ideea of this order...
there you go HUMANS , what else do you need as PROOF?!
"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Order was never repealed by any U.S. President through an Executive Order and is still valid.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? "