I could not confirm this but it seems quite credible that Kennedy weas killed because he tried to rectify the bank situation by taking the creation of money out of the hands of the banks.
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John P. Curran
On
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 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
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
11110 gave the
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 Federal Reserve's control
over the creation of money. It seems very apparent that President Kennedy
challenged the "powers that exist behind
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. SECTION 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
xoxox
Once again, Executive Order 11110 is still valid. According to Title 3, United
States Code, Section 301 dated January 26, 1998:
Executive Order (EO) 10289 dated Sept. 17, 1951, 16 F.R. 9499, was as amended
by:
EO... 10583, dated December 18, 1954, 19 F.R. 8725;
EO... 10882 dated July 18, 1960, 25 F.R. 6869;
EO... 11110 dated June 4, 1963, 28 F.R. 5605;
EO... 11825 dated December 31, 1974, 40 F.R. 1003;
EO... 12608 dated September 9, 1987, 52 F.R. 34617
The 1974 and 1987 amendments, added after Kennedy's 1963 amendment, did not
change or alter any part of Kennedy's EO 11110. A search of
The Federal Reserve Bank, a.k.a Federal Reserve System, is a Private
Corporation. Black's Law Dictionary defines the "Federal Reserve System" as:
"Network of twelve central banks to which most national banks belong and to
which state chartered banks may belong. Membership rules require investment of
stock and minimum reserves." Privately-owned banks own the stock of the FED.
This was explained in more detail in the case of Lewis v. United States, Federal
Reporter, 2nd Series, Vol. 680, Pages 1239, 1241 (1982), where the court said:
"Each Federal Reserve Bank is a separate corporation owned by commercial banks
in its region. The stock-holding commercial banks elect two thirds of each
Bank's nine member board of directors".
The Federal Reserve Banks are locally controlled by their member banks. Once
again, according to Black's Law Dictionary, we find that these privately owned
banks actually issue money:
"Federal Reserve Act. Law which created Federal Reserve banks which act as
agents in maintaining money reserves, issuing money in the form of bank notes,
lending money to banks, and supervising banks. Administered by Federal Reserve
Board (q.v.)". The privately owned Federal Reserve (FED) banks actually issue
(create) the "money" we use. In 1964, the House Committee on Banking and
Currency, Subcommittee on Domestic Finance, at the second session of the 88th
Congress, put out a study entitled Money Facts which contains a good description
of what the FED is: "The Federal Reserve is a total money-making machine. It can
issue money or checks. And it never has a problem of making its checks good
because it can obtain the $5 and $10 bills necessary to cover its check simply
by asking the Treasury Department's Bureau of Engraving to print them".
Any one person or any closely knit group who has a lot of money has a lot of
power. Now imagine a group of people who have the power to create money. Imagine
the power these people would have. This is exactly what the privately owned FED
is!
No man did more to expose the power of the FED than Louis T. McFadden, who was
the Chairman of the House Banking Committee back in the 1930s. In describing the
FED, he remarked in the Congressional Record, House pages 1295 and 1296 on
"Mr. Chairman, we have in this country one of the most corrupt institutions the
world has ever known. I refer to the Federal Reserve Board and the Federal
reserve banks. The Federal Reserve Board, a Government Board, has cheated the
Government of the
Some people think the Federal Reserve Banks are United States Government
institutions. They are not Government institutions, departments, or agencies.
They are private credit monopolies which prey upon the people of the
The FED basically works like this: The government granted its power to create
money to the FED banks. They create money, then loan it back to the government
charging interest. The government levies income taxes to pay the interest on the
debt. On this point, it's interesting to note that the Federal Reserve Act and
the sixteenth amendment, which gave congress the power to collect income taxes,
were both passed in 1913. The incredible power of the FED over the economy is
universally admitted. Some people, especially in the banking and academic
communities, even support it. On the other hand, there are those, such as
President John Fitzgerald Kennedy, that have spoken out against it. His efforts
were spoken about in Jim Marrs' 1990 book Crossfire:"
Another overlooked aspect of Kennedy's attempt to reform American society
involves money. Kennedy apparently reasoned that by returning to the
constitution, which states that only Congress shall coin and regulate money, the
soaring national debt could be reduced by not paying interest to the bankers of
the Federal Reserve System, who print paper money then loan it to the government
at interest. He moved in this area on
Kennedy's comptroller of the currency, James J. Saxon, had been at odds with the
powerful Federal Reserve Board for some time, encouraging broader investment and
lending powers for banks that were not part of the Federal Reserve system. Saxon
also had decided that non-Reserve banks could underwrite state and local general
obligation bonds, again weakening the dominant Federal Reserve banks".
In a comment made to a
Ten days before his assassination, President John Fitzgerald Kennedy allegedly
said:
"The high office of the President has been used to foment a plot to destroy the
American's freedom and before I leave office, I must inform the citizen of this
plight."
In this matter, John Fitzgerald Kennedy appears to be the subject of his own
book... a true Profile of Courage.
This research report was compiled for Lawgiver. Org. by Anthony Wayne xoxox
What is the Federal Reserve
Bank?
What is the Federal Reserve Bank (FED) and why do we have it?
by Greg Hobbs
The FED is a central bank. Central banks are supposed to implement a country's
fiscal policies. They monitor commercial banks to ensure that they maintain
sufficient assets, like cash, so as to remain solvent and stable. Central banks
also do business, such as currency exchanges and gold transactions, with other
central banks. In theory, a central bank should be good for a country, and they
might be if it wasn't for the fact that they are not owned or controlled by the
government of the country they are serving.
Private central banks, including our FED, operate not in the interest of the
public good but for profit.
There have been three central banks in our
nation's history. The first two, while deceptive and fraudulent, pale in
comparison to the scope and size of the fraud being perpetrated by our current
FED. What they all have in common is an insidious practice known as "fractional
banking."
Fractional banking or fractional lending is the
ability to create money from nothing, lend it to the government
or someone else and charge interest to boot. The practice evolved before banks
existed. Goldsmiths rented out space in their vaults to individuals and
merchants for storage of their gold or silver. The goldsmiths gave these
"depositors" a certificate that showed the amount of gold stored. These
certificates were then used to conduct business.
In time the goldsmiths noticed that the gold in
their vaults was rarely withdrawn. Small amounts would move in and out but the
large majority never moved. Sensing a profit opportunity, the goldsmiths issued
double receipts for the gold, in effect creating money (certificates) from
nothing and then lending those certificates (creating debt) to depositors and
charging them interest as well.
Since the certificates represented more gold than actually existed, the
certificates were "fractionally" backed by gold. Eventually some of these vault
operations were transformed into banks and the practice of fractional banking
continued.
Keep that fractional banking concept in mind as we examine our first central
bank, the First Bank of the United States (BUS). It was created, after bitter
dissent in the Congress, in 1791 and chartered for 20 years. A scam not unlike
the current FED, the BUS used its control of the currency to defraud the public
and establish a legal form of usury.
This bank practiced fractional lending at a 10:1 rate, ten dollars of loans for
each dollar they had on deposit. This misuse and abuse of their public charter
continued for the entire 20 years of their existence. Public outrage over these
abuses was such that the charter was not renewed and the bank ceased to exist in
1811.
The war of 1812 left the country in economic chaos, seen by bankers as another
opportunity for easy profits. They influenced Congress to charter the second
central bank, the Second Bank of the United States (SBUS), in 1816.
The SBUS was more expansive than the BUS. The SBUS sold franchises and literally
doubled the number of banks in a short period of time. The country began to boom
and move westward, which required money. Using fractional lending at the 10:1
rate, the central bank and their franchisees created the debt/money for the
expansion.
Things boomed for a while, then the banks decided to shut off the debt/money,
citing the need to control inflation. This action on the part of the SBUS caused
bankruptcies and foreclosures. The banks then took
control of the assets that were used as security against the loans.
Closely examine how the SBUS engineered this cycle of prosperity
and depression. The central bank caused inflation by creating debt/money for
loans and credit and making these funds readily available. The economy boomed.
Then they used the inflation which they created as an excuse to shut off the
loans/credit/money.
The resulting shortage of cash caused the economy to falter or slow dramatically
and large numbers of business and personal bankruptcies resulted. The central
bank then seized the assets used as security for the loans.
The wealth created by the borrowers during the boom was
then transferred to the central bank during the bust. And you
always wondered how the big guys ended up with all the marbles.
Now, who do you think is responsible for all of the ups and downs in our economy
over the last 85 years? Think about the depression of the late '20s and all
through the '30s. The FED could have pumped lots of debt/money into the market
to stimulate the economy and get the country back on track, but did they? No; in
fact, they restricted the money supply quite severely. We all know the results
that occurred from that action, don't we?
Why would the FED do this? During that period asset values and stocks were at
rock bottom prices. Who do you think was buying everything at 10 cents on the
dollar? I believe that it is referred to as consolidating the wealth. How many
times have they already done this in the last 85 years?
Do you think they will do it again?
Just as an aside at this point, look at today's economy. Markets are declining.
Why? Because the FED has been very liberal with its debt/credit/money. The
market was hyper inflated. Who creates inflation? The FED. How does the FED deal
with inflation? They restrict the debt/credit/money. What happens when they do
that? The market collapses.
Several months back, after certain central banks said they would be selling
large quantities of gold, the price of gold fell to a 25-year low of about $260
per ounce. The central banks then bought gold. After buying at the bottom, a
group of 15 central banks announced that they would be restricting the amount of
gold released into the market for the next five years. The price of gold went up
$75.00 per ounce in just a few days. How many hundreds of billions of dollars
did the central banks make with those two press releases?
Gold is generally considered to be a hedge against more severe economic
conditions. Do you think that the private banking families that own the FED are
buying or selling equities at this time? (Remember: buy low, sell high.) How
much money do you think these FED owners have made since they restricted the
money supply at the top of this last current cycle?
Alan Greenspan has said publicly on several occasions that he thinks the market
is overvalued, or words to that effect. Just a hint that he will raise interest
rates (restrict the money supply), and equity markets have a negative reaction.
Governments and politicians do not rule central banks, central banks rule
governments and politicians. President Andrew
Jackson won the presidency in 1828 with the promise to end the national debt and
eliminate the SBUS. During his second term President Jackson withdrew all
government funds from the bank and on
Without a central bank to manipulate the supply of
money, the
This bank would assume control over the American economy by controlling the
issuance of its money. After a huge public relations campaign, engineered by the
foreign central banks, the Federal Reserve Act of 1913 was slipped through
Congress during the Christmas recess, with many members of the Congress absent.
President Woodrow Wilson, pressured by his political and financial backers,
signed it on
The act created the Federal Reserve System, a name carefully selected and
designed to deceive. "Federal" would lead one to believe that this is a
government organization. "Reserve" would lead one to believe that the currency
is being backed by gold and silver. "System" was used in lieu of the word "bank"
so that one would not conclude that a new central bank had been created.
In reality, the act created a private, for profit, central banking corporation
owned by a cartel of private banks. Who owns the FED? The
Rothschilds of London and
Did you know that the FED is the only for-profit corporation in
Almost everyone thinks that the money they pay in taxes goes to the US Treasury
to pay for the expenses of the government. Do you want to know where your tax
dollars really go? If you look at the back of any check made payable to the IRS
you will see that it has been endorsed as "Pay Any F.R.B. Branch or Gen.
Depository for Credit U.S. Treas. This is in Payment of U.S. Oblig." Yes, that's
right, every dime you pay in income taxes is given to those private banking
families, commonly known as the FED, tax free.
Like many of you, I had some difficulty with the concept of creating money from
nothing. You may have heard the term "monetizing the debt," which is kind of the
same thing. As an example, if the US Government wants to borrow $1 million ó the
government does borrow every dollar it spends ó they go to the FED to borrow the
money. The FED calls the Treasury and says print 10,000 Federal Reserve Notes (FRN)
in units of one hundred dollars.
The Treasury charges the FED 2.3 cents for each note, for a total of $230 for
the 10,000 FRNs. The FED then lends the $1 million to the government at face
value plus interest. To add insult to injury, the government has to create a
bond for $1 million as security for the loan. And the rich get richer. The above
was just an example, because in reality the FED does not even print the money;
it's just a computer entry in their accounting system. To put this on a more
personal level, let's use another example.
Today's banks are members of the Federal Reserve Banking System. This membership
makes it legal for them to create money from nothing and lend it to you. Today's
banks, like the goldsmiths of old, realize that only a small fraction of the
money deposited in their banks is ever actually withdrawn in the form of cash.
Only about 4 percent of all the money that exists is in the form of currency.
The rest of it is simply a computer entry.
Let's say you're approved to borrow $10,000 to do some home improvements. You
know that the bank didn't actually take $10,000 from its pile of cash and put it
into your pile? They simply went to their computer and input an entry of $10,000
into your account. They created, from thin air, a debt which you have to secure
with an asset and repay with interest. The bank is allowed to create and lend as
much debt as they want as long as they do not exceed the 10:1 ratio imposed by
the FED.
It sort of puts a new slant on how you view your friendly bank, doesn't it? How
about those loan committees that scrutinize you with a microscope before
approving the loan they created from thin air. What a hoot! They make it complex
for a reason. They don't want you to understand what they are doing. People fear
what they do not understand. You are easier to delude and control when you are
ignorant and afraid.
Now to put the frosting on this cake. When was the income tax created? If you
guessed 1913, the same year that the FED was created, you get a gold star.
Coincidence? What are the odds? If you are going to use the FED to create debt,
who is going to repay that debt? The income tax was created to complete the
illusion that real money had been lent and therefore real money had to be
repaid. And you thought Houdini was good.
So, what can be done? My father taught me that you should always stand up for
what is right, even if you have to stand up alone.
If "We the People" don't take some action now, there may come a time when "We
the People" are no more. You should write a letter or send an email to each of
your elected representatives. Many of our elected representatives do not
understand the FED. Once informed they will not be able to plead ignorance and
remain silent.
Article 1, Section 8 of the US Constitution specifically says that Congress is
the only body that can "coin money and regulate the value thereof." The US
Constitution has never been amended to allow anyone other than Congress to coin
and regulate currency.
Ask your representative, in light of that information, how it is possible for
the Federal Reserve Act of 1913, and the Federal Reserve Bank that it created,
to be constitutional. Ask them why this private
banking cartel is allowed to reap trillions of dollars in profits without paying
taxes. Insist on an answer.
Thomas Jefferson said, "If the
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