JFK MONEY
Posted on 01/15/2005 1:54:41 PM PST by babylontoday
This story popped into my brain during an oldtimers moment, after 25 or 30 years, and I thought I would yahoo it. Is anyone else familiar with it? Don't know anything about the group who wrote this but am well familiar with the story. I included a link that yahoos 'executive order 11110".
"The high office of the President has been used to foment a plot to destroy the Americans freedom and before I leave office I must inform the Citizen of his plight." PRESIDENT JOHN F. KENNEDY(10 days before he was murdered)
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. The Christian Common Law Institute has exhaustively researched this matter through the Federal Register and Library of Congress and can now safely conclude that this Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order.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."
http://www.apfn.net/Doc-100_bankruptcy31.htm http://search.yahoo.com/search?p=executive+order+11110&sm=Yahoo%21+S earch&fr=FP-tab-web-t&toggle=1 Yahooing the quote works well too but when I pasted the link it was so long I was afraid it would goof up the forum page width.
Executive Order 11110
AMENDMENT OF EXECUTIVE ORDER NO. 10289
AS AMENDED, RELATING TO THE PERFORMANCE OF
CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY
By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:
SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended --
(a) By adding at the end of paragraph 1 thereof the following subparagraph (j):
"(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and
(b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.
SEC. 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.
JOHN F. KENNEDY
THE WHITE HOUSE,
June 4, 1963.
Executive Order 10289--Providing for the performance of certain functions of the President by the Secretary of the Treasury
Source: The provisions of Executive Order 10289 of Sept. 17, 1951, appear at 16 FR 9499, 3 CFR, 1949-1953 Comp., p. 787, unless otherwise noted.
By virtue of the authority vested in me by section 1 of the act of August 8, 1950, 64 Stat. 419 (Public Law 673, 81st Congress), and as President of the United States, it is ordered as follows:
1. The Secretary of the Treasury is hereby designated and empowered to perform the following-described functions of the President without the approval, ratification, or other action of the President:
(a) The authority vested in the President by section 1 of the act of August 1, 1914, c. 223, 38 Stat. 609, 623, as amended (19 U.S.C. 2), (1) to rearrange, by consolidation or otherwise, the several customs-collection districts, (2) to discontinue ports of entry by abolishing the same and establishing others in their stead, and (3) to change from time to time the location of the headquarters in any customs-collection district as the needs of the service may require.
(b) The authority vested in the President by section 1 of the Anti-Smuggling Act of August 5, 1935, c. 438, 49 Stat. 517 (19 U.S.C. 1701), (1) to find and declare that at any place or within any area on the high seas adjacent to but outside customs waters any vessel or vessels hover or are being kept off the coast of the United States and that, by virtue of the presence of any such vessel or vessels at such place or within such area, the unlawful introduction or removal into or from the United States of any merchandise or person is being, or may be, occasioned, promoted, or threatened, (2) to find and declare that certain waters on the high seas are in such proximity to such vessel or vessels that such unlawful introduction or removal of merchandise or persons may be carried on by or to or from such vessel or vessels, and (3) to find and declare that, within any customs-enforcement area, the circumstances no longer exist which gave rise to the declaration of such area as a customs-enforcement area.
(c) The authority vested in the President by section 1 of the Act of August 26, 1985, Public Law 98-89, 97 Stat. 510 (46 U.S.C. 3101); to suspend the provisions of law requiring the inspection of foreign-built vessels admitted to American registry.
(d) The authority vested in the President by section 5 of the act of May 28, 1908, c. 212, 35 Stat. 425, as amended (46 U.S.C. Appendix 104), to determine (as a prerequisite to the extension of reciprocal privileges by the Commissioner of Customs) that yachts used and employed exclusively as pleasure vessels and belonging to any resident of the United States are allowed to arrive at and depart from any foreign port and to cruise in the waters of such port without entering or clearing at the custom-house thereof and without the payment of any charges for entering or clearing, dues, duty per ton, tonnage taxes, or charges for cruising licenses.
(e) The authority vested in the President by section 2 of the act of March 24, 1908, c. 96, 35 Stat. 46 (46 U.S.C. Appendix 134), to name the hospital ships to which section 1 of the said act shall apply to indicate the time when the exemptions thereby provided for shall begin and end.
(f) The authority vested in the President by section 4223 of the Revised Statutes, as amended (46 U.S.C. Appendix 141), (1) to declare that--upon satisfactory proof being given by the government of any foreign nation that no discriminating duties of tonnage or imposts are imposed or levied in the ports of such nation upon vessels wholly belonging to citizens of the United States, or upon the produce, manufactures, or merchandise imported in the same from the United States or from any foreign country--the foreign discriminating duties of tonnage and impost within the United States are suspended and discontinued, so far as respects the vessels of such foreign nation, and the produce, manufactures, or merchandise imported into the United States from such foreign nation, or from any other foreign country, and (2) to suspend in part the operation of section 4219 of the Revised Statutes, as amended (46 U.S.C. Appendix 121), and section IV, J, subsection 1 of the act of October 3, 1913, c. 16, 38 Stat. 195, as amended (46 U.S.C. Appendix 146), so that foreign vessels from a country imposing partial discriminating tonnage duties upon American vessels, or partial discriminating import duties upon American merchandise, may enjoy in our ports the identical privileges which the same class of American vessels and merchandise may enjoy in such country: Provided, that prior to the issuance of an order of the Secretary of the Treasury suspending and discontinuing (wholly or in part) discriminating tonnage duties, imposts, and import duties within the United States, the Department of State shall obtain and furnish to the Secretary of the Treasury the proof required by the said section 4228, as amended as the basis for that order.
(g) The authority vested in the President by section 3650 of the Internal Revenue Code (26 U.S.C. 3650) to establish convenient collection districts (for the purpose of assessing, levying, and collecting the taxes provided by the internal revenue laws), and from time to time to alter such districts.
(h) The authority which is now vested in the President by section 2564 (b) of the Internal Revenue Code (26 U.S.C. 2564 (b)), and which on and after January 1, 1955, will be vested in the President by section 4735 (b) of the Internal Revenue Code of 1954, to issue, in accordance with the provisions of the said section 2564 (b) or 4735 (b), as the case may be, orders providing for the registration and the imposition of a special tax upon all persons in the Canal Zone who produce, import compound, deal in, dispense, sell, distribute, or give away narcotic drugs.
(i) The authority vested in the President by Section 5318 of the Revised Statutes, as amended (19 U.S.C. 540), to employ suitable vessels other than Coast Guard cutters in the execution of laws providing for the collection of duties on imports and tonnage;
[Para. 1 amended by EO 10583 of Dec. 18, 1954, 19 FR 8725, 3 CFR, 1954-1958 Comp., p. 232; EO 10882 of July 18, 1960, 25 FR 6869, 3 CFR, 1959-1963 Comp., p. 413; EO 11110 of June 4, 1963, 28 FR 5605, 3 CFR, 1959-1963 Comp., p. 770; EO 12608 of Sept. 9, 1987, 52 FR 34617, 3 CFR, 1987 Comp., p. 245]
2. The Secretary of the Treasury is hereby designated and empowered to perform without the approval, ratification, or other action of the President the following functions which have heretofore, under the respective provisions of law cited, required the approval of the President in connection with their performance by the Secretary of the Treasury:
(a) The authority vested in the Secretary of the Treasury by section 6 of the act of July 8, 1937, c. 444, 50 Stat. 480 (5 U.S.C. 134c), to make rules and regulations necessary for the execution of the functions vested in the Secretary of the Treasury by the said act, as amended.
(b) [Revoked]
(c) [Revoked]
(d) [Revoked]
(e) The authority vested in the Secretary of the Treasury by section 1 of Title II of the act of June 15, 1917, c. 30, 40 Stat. 220 (50 U.S.C. 191), to make rules and regulations governing the anchorage and movement of any vessel, foreign or domestic, in the territorial waters of the United States.
(f) [Revoked]
[Para. 2 amended by EO 11110 of June 4, 1963, 28 FR 5605, 3 CFR, 1959-1963 Comp., p. 770; EO 11825 of Dec. 31, 1974, 40 FR 1003, 3 CFR, 1971-1975 Comp., p. 929; EO 12608 of Sept. 9, 1987, 52 FR 34617, 3 CFR, 1987 Comp., p. 245]
3. (a) The Secretary of the Treasury and the Postmaster General are hereby designated and empowered jointly to prescribe without the approval of the President regulations, under section 1 of the act of July 8, 1937, c. 444, 50 Stat. 479 (5 U.S.C. 134), governing the shipment of valuables by the executive departments, independent establishments, agencies, wholly-owned corporations, officers, and employees of the United States.
(b) The Postmaster General is hereby designated and empowered to exercise without the approval, ratification, or other action of the President the authority vested in the President by section 504 (b) of title 18 of the United States Code to approve regulations issued by the Secretary of the Treasury under the authority of the said section 504 (b) (relating to the printing, publishing, or importation, or the making or importation of the necessary plates for such printing or publishing, of postage stamps for philatelic purposes), and to approve any amendment or repeal of any of such regulations by the Secretary of the Treasury.
[Para. 3 amended by EO 10583 of Dec. 18, 1954, 19 FR 8725, 3 CFR, 1954-1958 Comp., p. 232]
4. As used in this order, the term "functions" embraces duties, powers, responsibilities, authority, or discretion, and the term "perform" may be construed to mean "exercise".
5. All actions heretofore taken by the President in respect of the matters affected by this order and in force at the time of the issuance of this order, including regulations prescribed by the President in respect of such matters, shall, except as they may be inconsistent with the provisions of this order, remain in effect until amended, modified, or revoked pursuant to the authority conferred by this order.
Could you please verify with link, recision order, etc.? Thanks
So Scott. What were revoked b and c of paragraph 2 and who revoked d and f, and what the heck were bcdf?
It was in one of the JFK assassination books as an unusual thing. Check out LBJ's first Exec order.
JFK MONEY
For what it is worth, I don't know anything about the source:
"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."
http://www.bridgeoflove.com/bookstore/icke/magazine/vol14/research/kennedy-fed-res.html
ping
Do you mean you posted this thread without having any idea what the EO in question even said?
IN 1935 THE SUPREME COURT RULED THAT CONGRESS CANNOT CONSTITUTIONALLY DELEGATE ITS POWER TO ANOTHER GROUP.
Rothschild, a London Banker, wrote a letter saying "It (Central Bank ) gives the National Bank almost complete control of national finance. The few who understand the system will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class... The great body of the people, mentally incapable of comprehending, will bear its burden without complaint, and perhaps without even suspecting that the system is inimical (contrary) to their interests." [The bankers created the legislation for the FED]
Warren G. Harding, who was elected to the Presidency in 1920, said in a 1921 Congressional inquiry that the Reserve was a private banking monopoly. He said: "The Federal Reserve Bank is an institution owned by the stockholding member banks. The Government has not a dollar's worth of stock in it." His term was cut short in 1923 when he mysteriously died, leading to rumors that he was poisoned. This claim was never substantiated because his wife would not allow an autopsy.
Three years after the initiation of the Federal Reserve, Woodrow Wilson said: "The growth of the nation ... and all our activities are in the hands of a few men ... We have come to be one of the worst ruled; one of the most completely controlled and dominated governments in the civilized world ... no longer a government of free opinion, no longer a government by conviction and the free vote of the majority, but a government by the opinion and duress of a small group of dominant men."
In 1933, Vice-President John Garner, when referring to the international bankers, said: "You see, gentlemen, who owns the United States ."
Decreasing the money supply causes recessions and depressions. There is no difference between a recession and depression except for the amount of money in circulation. If the U.S. constitutional banking system our founding fathers created was followed ,there would be no recessions nor depressions in America. Congress would be sure that there was an adequate supply of money and not allow one group to manipulate the money supply and profit from debauching it. It is the banks policy to create recessions in order to increase their profits. Did the banks create the 1929 depression? Congress man Louis Mcfadden chairman of the house committee on banking and currency from 1920 to 1931, accused the Federal Bank for creating the cash It was not accidental. It was carefully contrived occurence.... The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of all of us. How did the Banks create the great Depression? From 1923 to 1929, through alleged loans, the Bankers increased the money supply by 62%. Easy money created a business boom. Banks created money and loaned it to Borrowers wishing to buy stock. You could by 1000.00 in stock for 100.00 down and finance the other 900.00 with a 24 hour call loan from the Bank. The stock prices went up and up, Fueled by the money that the banks created and loaned out money to buy stock. The insiders sold teir stock at a great profit and bought goverment bonds or held cash, waiting for the crash. In unison, the banks called in the 24 hour broker call loans due. The non Bankers were forced to sell their stock to pay for the loans. Everyone sold and the crash began. Withinh a few weeks, 3 billion of wealth vanished. Those who were on the inside, Those who sold their stock before the crash and held the cash, now bought comapnies for 10 cents on the dollar. Great fortunes were made at the misery of others. Between 1929 to 1933, the Federal Reserve Bank reduced the money supply by 33%, thereby creating the Great Depression.
Our government never had a chance...with political corruption ravaging its Constitution. The *real facts* don't lie...and neither do government documents...Congressional Record, Congressman Wright Patman, A Primer On Money prepared by the Sub-committee on Domestic Finance, House of Representatives, Committee on Banking and Currency - 88th Congress, 2nd session, August 4th, 1964 and December 23, 1913, page 1464 & 1478.
No Senator or Representative in Congress shall be a member of the Federal Reserve Board or an officer or a director of a Federal reserve bank. No member of Congress is have access to the inner sanctum! Hello, what is this? Are they afraid that an American might come upon something untoward? 12 USC 3019 Federal reserve banks, including the capital stock and surplus therein, and the Income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate
President Andrew Jackson also understood the danger. He refused to renew the charter (a grant of monopoly) of the Second Bank of the United States. In 1836 Jackson said to the bankers trying to persuade him to renew their charter (so they could continue their harmful monopoly):
"You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning
President Andrew Jackson also understood the danger. He refused to renew the charter (a grant of monopoly) of the Second Bank of the United States. In 1836 Jackson said to the bankers trying to persuade him to renew their charter (so they could continue their harmful monopoly):
"You are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning
"The high office of President has been used to foment a plot to destroy the Americans' freedom, and before I leave office I must inform the citizen of his plight." -John Fitzgerald Kennedy, Columbia University, 10 days before his assassination, Nov. 12, 1963
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