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Originally posted by GodForbid
reply to post by sonofliberty1776
Yeah you're right. We need someone in the world nowadays who's willing to tell the truth and be open and actually do so like JFK did, not just say that's what they're going to do, then when elected just do the opposite.
Originally posted by GodForbid
reply to post by sonofliberty1776
Yeah you're right. We need someone in the world nowadays who's willing to tell the truth and be open and actually do so like JFK did, not just say that's what they're going to do, then when elected just do the opposite.
Originally posted by leaualorin
IN CASE YOU ALL GOT HITT BY AMNEZIA :
www.john-f-kennedy.net...
" President John F.Kennedy,The Federal Reserve And Executive Order 11110
From The Final Call, Vol. 15, No.6, On January 17, 1996
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 The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid.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. "