TV News LIES

Sunday, May 29th

Last update05:20:13 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 The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid.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...


Austria’s Pistol-Packing, Immigrant Bashing Donald Trump Loses

Austia's far right candidate losesAustria narrowly averted what would have been one of the most dangerous electoral decisions since World...

Donald Trump’s Week of Playing with Financial Fire

TrumpMaybe, if he hasn’t already seen it, Donald Trump should get himself tickets to the Broadway...

Trump campaign admits it did not raise $6 million for veterans

Trump veteran's eventWhen Donald Trump skipped a GOP debate in January to host a fundraiser for veterans, he...

Beyoncé clothing range is made by 'sweat shop laborers on $6.17 a day'

Beyonce clothing rangeBeyoncé’s new range of women’s sportswear is made using sweat shop labourers who earn as little...
 
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!