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<p>[QUOTE="TomCorona, post: 653849, member: 17621"]a few points...</p><p> </p><p>On June 4, 1963, a Presidential decree, Executive Order 11110, was signed by President John Fitzgerald Kennedy with the intention to strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. So with the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business. This matter has been exhaustively researched by the Christian Common Law Institute through the Federal Register and Library of Congress, and the Institute concluded that President Kennedy's Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order. So in simple terms, it is still valid. When JFK signed this Order, it returned to the federal government, specifically to the Treasury Department, the Constitutional power to create and issue currency, MONEY, without going through the privately owned Federal Reserve Bank. That Executive Order gave the Treasury Department the explicit authority.. "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury".</p><p> 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 therein. As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations. Although $10 and $20 United States Notes were never circulated, they were being printed by the Treasury Department when Kennedy was assassinated. </p><p> I hope this information helps to clear the muddy water of the previous post..[/QUOTE]</p><p><br /></p>
[QUOTE="TomCorona, post: 653849, member: 17621"]a few points... On June 4, 1963, a Presidential decree, Executive Order 11110, was signed by President John Fitzgerald Kennedy with the intention to strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. So with the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business. This matter has been exhaustively researched by the Christian Common Law Institute through the Federal Register and Library of Congress, and the Institute concluded that President Kennedy's Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order. So in simple terms, it is still valid. When JFK signed this Order, it returned to the federal government, specifically to the Treasury Department, the Constitutional power to create and issue currency, MONEY, without going through the privately owned Federal Reserve Bank. That Executive Order 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 therein. As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations. Although $10 and $20 United States Notes were never circulated, they were being printed by the Treasury Department when Kennedy was assassinated. I hope this information helps to clear the muddy water of the previous post..[/QUOTE]
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