without prejudice per UCC 1-207
Updated 9 - 14 - 03
JFK and the FED
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 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 We can now safely conclude that this Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order.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.
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 11110 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 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". 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 U.S. troops out of Vietnam by 1965 combined with Executive Order 11110 would have destroyed the profits and control of the private Federal Reserve Bank.
Thomas Jefferson said, "If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered."
Jefferson saw it coming 150 years ago. The question is, "Can you now see what is in store for us if we allow the FED to continue controlling our country?"
Until the American people and the people of the world "wake up" and realize that their government is the "PEOPLE" and the "People are the "Masters" and that their Government is only there as their "SERVANT" and "Proptector" and use their "POWER" to enforce the compliance, ( to the Constitution in the US ) and demand "transparentency" in government, banking, courts and business; the "People" will get what they deserve. "NOTHING"!
"Transparentency" would force the useage of "Cooking the Books" to "STOP" in Government, Banking and Corporate Accounting; (with the use of Unregulated Derivatives, Special Purpose Entities, off-balance-sheet accounting and entities, swap agreements, "prepay" deals, "round trip trades, inside trading, neckid hedge contracts, neckid COMEX trades, forward sales, leasing and re-leasing the commodities like oil, gas, gold and silver using worthless paper and keeping them on the books or using words like "Deep Storage")..
The use of Fundamentals, Charts and TA are useless in a manipulated market, they only show a trend of passed action. The need is for "True Transparentency" in government, banking, markets and business.
"True Transparentency", without the "spin" and "morally bankrupt" motivated mismanagement by the politicans and greedy powers behind the curtain of manipulation, could stop the manipulation and fraud. Until then, there will NEVER be "Utopia" except in your dreams of a Free Market, a Free and Honest money, Free Gold or Free Silver or a Free World.
Things to "THINK" about - "IF" any of the following are TRUE !
"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863
"No constitutional right exists under the Ninth Amendment, or to any other provision of the Constitution of the United States, to trust the Federal Government and to rely on the integrity of its pronouncements." - MAPCO, Inc. v Carter (1978, Em Ct App) 573 F2d 1268, cert den 437 us 904, 57 L Ed 2d 1134, 98 S Ct 3090.
"I have never seen more Senators express discontent with their jobs....I think the major cause is that, deep down in our hearts, we have been accomplices in doing something terrible and unforgiveable to our wonderful country. Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded our country to get ourselves elected." -- John Danforth (R-Mo)
What are PNAC, PAXAMERICA, GATT, NAFTA and Trillions of "Derivatives" really about?
For International Bankers to continue to rule the world they need a new system. Will it be the Euro?
It doesn't matter what they use, but they will have to bring down the US and jump ship to do it. If the US
can only resell houses, make computers, cars and print fiat paper worth nothing; it will change the US to a 3rd world country as
the "DEBT" builds and they devalue your standard of living.
THE "REAL" MOB aka The N.W.O. -- beesting, 11:09:14 07/22/03 Tue - http://www.voy.com/76568/
Who was Edmund Saffra?
Edmund Saffra owned Republic Bank of New York, who supplied COMEX with approved Gold bars for trading & storage. He lived and died (was murdered) in Europe in a Mediterranean Resort.(Monaco?)
As soon as Mr. Saffras body was cold(he died in a fire)it was declared by the U.S. FED that Mr. Saffra had sold his Republic Bank of New York to the foriegn held(at that time)HSBC(mentioned in previous post.)
Normally it would take months or even years for a foriegn corporation to begin doing business in the USA for the first time......It took HSBC a few ""HOURS"", upon approval from the U.S.FED. Which raises the question[s], does HSBC have enough banking influence at the U.S. FED to circumvent the usual "Red Tape" involved in a banking take-over of this magnitude?
Why didn't the U.S. press question the speed of this take-over at all?
Who is Martin Armstrong?
Martin Armstrong is serving time in jail (under a "Gag" order?) because he hid assets from a judge & threatened to expose the Gold suppression scheme at COMEX. He worked closely with Mr.Saffra's Republic Bank of New York.
Here are a few more "Tid-Bits" & URL's posted for educational purposes only:
The Money Masters-An Educational Tape on banking.
URL for the LBMA:
The first 10 listings on the LBMA, IMHO, are the financial arm of the "N.W.O." only 4 of them had URL's, which I've included in my list of the "BIG 10",many of these names keep an extremely low profile in the USA.(They don't want or need publicity)
1. AIG International (one of the largest insurance companies in the world and they hold Billions in derivatives)
2. Scotia-Mocatta-link to Bank of Nova Scotia-Canada.
3. Barclays Bank-London,England-Home page states:-Advisor to corporates, financial institutions, "Governments",& supranational organisations.
4. Deutsche Bank AG-Germany
5. HSBC London Branch-Doing banking business in 80 countries.
6. J.Aron & Co.
7. J.P.Morgan Chase- US based banking giant(may have issued "Trillions of U.S. dollars" in derivitives-Works closely with the U.S. FED)
8. N.M.Rothschilds-From their homepage: We have been at the center of the world's financial markets for over 200 years.
Some more history of the Rothschild Banking Dynasty:
9. Societe Generale-The-French-Connection-Owner of many shares of South African Gold companies.
10.UBS-From home page: Provides a full spectrum of products to institutional clients, corporate clients, intermmediaries,"governments", and hedge funds, worldwide.Doing banking business in 30 countries.
There You Have It! These are the "Money Masters" who set the
values on Gold, Silver, currency etc. worldwide, and "Profit" from
the fruits of everyones labor (if you use paper money) one way or
another. If you cross reference the owners of the Fed with the above banks you'll see other connections.
"They have a plan, a good plan. What they have planned IS NOT a return to the gold standard." Mike Dukakis
Anyone want a "CHIP" ?
Hepburn vs Griswold 8 Wall 513: The Court held that:
"we are obliged to conclude that an act making mere promises
to pay dollars a legal tender in payment of debts previously
contracted is not a means appropriate plainly adopted and really calculated to carry into effect any express power vested in Congress and such an act is inconsistent with the spirit of the Constitution and that it is prohibited by the Constitution"
MUST READ -
Section 2 of Chapter V of the Regulation "is most shocking in its wanton denial of individual freedom and private property." Sennholz
"by a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of its citizens." John Maynard Keynes
"There is no surer, no more subtle way to overturn the existing basis of society than to debauch the currency. It engages all the processes of economic law that come down on the side of destruction and does so in a manner that not one person in a million can recognize it." (Source: Monetary & Economic Review, Spring 2003) John Maynard Keynes
"This coming dollar crisis, as Keynes says, will "overturn the existing basis of society,' which in plain language means that today you have money that has value and purchasing power, and tomorrow you don't. Money is the wealth transfer agent of all times and fiat paper money is totally dependent on confidence...in the political and economic stability of the country whose currency you are holding."" Bates
"Whenever the Federal Reserve Board has to go to the
lengths to issue a public statement, in its own name, that
banks are strong, and they have plenty of room to extend
credit, that normally indicates two things: 1 ) there are
some serious problems that could get worse; and 2 ) that
the Fed is already frantically engaged in behind the
scenes measures to try to stop the Freddie Mac crisis
from ripping apart the financial system."
The Federal Reserve is a Private International Banking Corporation ran by International Elite - NOT PART OF THE US GOVERNMENT
"I am afraid the ordinary citizen will not like to be told that
the banks can, and do, create and destroy money. The
amount of finance in existence varies only with the action
of the banks in increasing or decreasing deposits and bank
purchases. We know how this is effected. Every loan,
overdraft or bank purchase creates a deposit, and every
repayment of a loan, overdraft or bank sale destroys a
"And they who control the credit of the nation direct the
policy of governments, and hold in the hollow of their
hands the destiny of the people." THE RT. HON. REGINALD MCKENNA ( one-time British
Chancellor of the Exchequer, and Chairman of the Midland Bank )
"There's nothing wrong with the economy that a war with
Iraq and a big tax cut can't fix. " John Snow, Treasury chief