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STILL VALID; EXECUTIVE ORDER 11110
JOHN KENNEDY VS THE FEDERAL RESERVE
In 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. 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can now safely conclude that this Executive Order has never been repealed, amended,
or superceded by any subsequent Executive Order.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 [the full text is displayed further below] 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.....
Click through to read the actual Executive Order:
http://www.john-f-kennedy.net/thefederalreserve.htm
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