On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Rothschild 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 Rothschild Federal Reserve Bank would soon be out of business. The Christian Law Fellowship has exhaustively researched this matter through the Federal Register and Library of Congress.
We can now safely conclude that this Executive Order has never been repealed, amended, or superseded by any subsequent Executive Order. In simple terms, it is still valid.
When President John Fitzgerald Kennedy signed this Order, it returned to the United States federal government, specifically the Treasury Department, the Constitutional power to create and issue currency – money – without going through the privately owned Rothschild Federal Reserve Bank.
The Federal Reserve
A myth that all Americans live with is the charade known as the “Federal Reserve.” It comes as a shock to many to discover that it is not an agency of the United States Government.
The name “Federal Reserve Bank” was designed to deceive, and it still does. It is not federal, nor is it owned by the government. It is privately owned.
It pays its own postage like any other corporation. Its employees are not in civil service. Its physical property is held under private deeds, and is subject to local taxation. Government property, as you know, is not.
It is an engine that has created private wealth that is unimaginable, even to the most financially sophisticated.
It has enabled an imperial elite to manipulate our economy for its own agenda and enlisted the government itself as its enforcer. It controls the times, dictates business, affects our homes and practically everything in which we are interested.
It takes powerful force to maintain an empire, and this one is no different. The concerns of the leadership of the “Federal Reserve” and its secretive international benefactors appear to go well beyond currency and interest rates.
Executive Order 11,110
President Kennedy’s Executive Order 11,110 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.
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.
“United States Notes” were issued as an interest-free and debt-free currency backed by silver reserves in the U.S. Treasury.
We compared a “Federal Reserve Note” issued from the private central bank of the United States (the Federal Reserve Bank a.k.a. Federal Reserve System), with a “United States Note” from the U.S. Treasury issued by President Kennedy’s Executive Order.
They almost look alike, except one says “Federal Reserve Note” on the top while the other says “United States Note”. Also, the Federal Reserve Note has a green seal and serial number while the United States Note has a red seal and serial number.
President Kennedy was assassinated on November 22, 1963 and the United States Notes he had issued were immediately taken out of circulation. Federal Reserve Notes continued to serve as the legal currency of the nation.
According to the United States Secret Service, 99% of all U.S. paper “currency” circulating in 1999 are Federal Reserve Notes.
Kennedy knew that if the silver-backed United States Notes were widely circulated, they would have eliminated the demand for Federal Reserve Notes. This is a very simple matter of economics. The USN was backed by silver and the FRN was not backed by anything of intrinsic value.
Executive Order 11110 should have prevented the national debt from reaching its current level (virtually all of the nearly $9 trillion in federal debt has been created since 1963) if LBJ or any subsequent President were to enforce it.
It would have almost immediately given the U.S. Government the ability to repay its debt without going to the private Federal Reserve Banks and being charged interest to create new “money”.
Executive Order 11,110 gave the U.S.A. the ability to, once again, create its own money backed by silver and realm value worth something.
Again, according to our own research, just five months after Kennedy was assassinated, no more of the Series 1958 “Silver Certificates” were issued either, and they were subsequently removed from circulation.
Perhaps the assassination of JFK was a warning to all future presidents not to interfere with the private Rothschild Federal Reserve’s control over the creation of money.
It seems very apparent that President Kennedy challenged the “powers that exist behind U.S. and world finance”.
On November 22, 1963, JFK was shot dead in Dallas, Texas, in extremely strange circumstances. Phyllis Hall, a nurse who was part of desperate attempts to save the life of President John F Kennedy after he was assassinated has claimed he was shot by a “mystery bullet.”
This guy (ex CIA agent) even confessed to be a part of his assassination!
Originally published on Humans Are Free
References books: The Planned Destruction of America (buy here) | Kill Zone: A Sniper Looks at Dealey Plaza (buy here); Paul, Ron, The Ron Paul Survival Report (a newsletter by a former congressman on monetary issues, personal survival, etc.).