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On June 4, 1963, a Presidential decree, Executive Order 11110, was signed with the authority to basically strip the 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.When President John Fitzgerald Kennedy 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 ! President Kennedy was brutally assassinated on November 22, 1963 and the United States Notes he just had issued were immediately taken out of circulation and the Media went silent on the fact. Federal Reserve Notes continue to serve as the legal currency of the people. 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 US and world finance". With true patriotic courage, JFK boldly faced the two most successful vehicles that have ever been used to drive up debt: 1) war (Viet Nam); and, 2) the creation of money by a privately owned central bank. His efforts to have all US troops out of Vietnam by 1965 combined with Executive Order 11110 would have destroyed ...

View Count: 9 Date: January 3, 2012