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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Honey_Bee who wrote (35546)8/13/2010 6:31:45 PM
From: ayn rand2 Recommendations  Read Replies (2) | Respond to of 103300
 
Executive Order 11110

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On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest.

With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business.

this Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order. In simple terms, it is still valid.

When President John Fitzgerald Kennedy - the author of Profiles in Courage -signed this Order, it returned to the federal government, specifically the Treasury Department, the Constitutional power to create and issue currency -money - without going through the privately owned Federal Reserve Bank. President Kennedy's Executive Order 11110 gave the Treasury Department the explicit authority:

"to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury."

This means that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation based on the silver bullion physically held there. As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations.

$10 and $20 United States Notes were never circulated but were being printed by the Treasury Department when Kennedy was assassinated.

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It appears obvious that President Kennedy knew the Federal Reserve Notes being used as the purported legal currency were contrary to the Constitution of the United States of America.

john-f-kennedy.net



To: Honey_Bee who wrote (35546)8/13/2010 6:51:14 PM
From: ayn rand1 Recommendation  Respond to of 103300
 
"Jim Marrs, in his book Crossfire: The Plot That Killed Kennedy, speculated that the assassination of Kennedy might have been motivated by the issuance of Executive Order 11110.[47]

This executive order enabled the Treasury to print silver certificates, bypassing the Federal Reserve System. Executive Order 11110 was not officially repealed until the Ronald Reagan Administration.

Official explanations claim that the executive order was simply an attempt to drain the silver reserves, and did not actually endanger the careers of anyone working at the Federal Reserve.[48][49]

This theory was further explored by U.S. Marine sniper and veteran police officer Craig Roberts in the 1994 book, Kill Zone.[50]

Roberts theorized that the Executive Order was the beginning of a plan by Kennedy whose ultimate goal was to permanently do away with the United States Federal Reserve, and that Kennedy was murdered by a cabal of international bankers determined to foil this plan.

Actor and author Richard Belzer has also discussed this theory. According to Belzer the plot to kill Kennedy was set in motion as a response to the President's attempt to shift power away from the Federal Reserve and to the U.S Treasury Department."