Reply #141: JFK Treasury Notes still exist ... Question really is WHY the attempts to deny it -- ????

[defendandprotect]

On June 4, 1963, a virtually unknown 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. 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 We can now safely conclude that this Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order.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.

http://www.john-f-kennedy.net/thefederalreserve.htm


and a little more of the history --

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.



and ...

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 Order11110 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.
In the illustrations below, a "Federal Reserve Note" issued from the
private central bank of the United States (the Federal Reserve Bank a/k/a
Federal Reserve System), is compared 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.

http://www.scribd.com/doc/6237629/President-John-F-Kennedy-vs-FRB-fiat-money-1963-JFK-contra-mafia-sistemului-bancar-privat-FRB


Federal Reserve Notes VS. United States Notes - YouTubeAbe Lincoln and John F. Kennedy both had United States Notes issued in order to save the American People a fortune in interest payments that shouldn't even ...

www.youtube.com/watch?v=7tr5BbH6X8s - Cached.Play Video.

http://www.youtube.com/watch?v=7tr5BbH6X8s



http://www.opendemocracy.net/john_f_kennedy_vs_the_federal_reserve


Many of these TREASURY NOTES are still in existence featuring the RED SEAL quite different from

the Federal Reserve Notes with the green seal --

Here's someone commenting on having some in his possession --

I have several $2 and $5 United States notes as well as one $100 United States notes. They look cool with the red seal and the star is at the beginning of the serial number rather than the end as it is on Federal Reserve notes. A star means the original bill was destroyed and this bill is a replacement.