Executive Order 11110 Reddit
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.
Executive order 11110 reddit. Please keep any meta discussion directed at specific users mods or r conspiracy in general in this comment chain only. Hence for administrative convenience president kennedy issued executive order 11110. Eo 11110 did not order the printing of silver certificates.
And that executive order 11110 was a technicality that only. Executive order 11110 gave the u s a. I was reading about the murder of jfk and one theory is that it could have something to do with e o.
Ironically the purpose of the order and the legislation was to decrease the circulation of silver certificates with federal reserve notes taking their place. It ordered the amendment of a previous executive order so that the united states code would authorize or empower the secretary of the treasury to issue silver certificates if the occasion should arise. The ability to once again create its own money backed by silver and realm value worth something.
Kennedy on june 4 1963. This executive order amended executive order 10289 dated september 17 1951 by delegating to the secretary of the treasury the president s authority to issue silver certificates under the thomas amendment of the agricultural adjustment act as amended by the gold reserve act. With the stroke of a pen president kennedy declared that the privately owned federal reserve bank would soon.
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Please contact the moderators of this subreddit if you have any questions or. Rule 2 does apply throughout the rest of this thread. Executive order 11110 was issued by u s.