JFK did NOT try to end the fed

   

Ryan Dawson

 

Published on Aug 25, 2012

1 it was not about the fed or silver certificates. 2 why he was killed and why his brother was killed? The un-muted video is up on vimeo. I do this not to be a jerk but to help make the jump to vimeo here is my vimeo https://vimeo.com/ryliberty also if you can if I could get like 50 of the thousands of you that watch these to donate even 6 bucks to paypal that would rule. the button is top center of this page http://www.rys2sense.com/anti-neocons/ please please take the time to do it. oh vimeo is ready.

E.O. 11,110 did not create authority to issue new silver certificates, it only affected who could give the order. The purpose of the order was to facilitate the reduction of certificates in circulation, not to increase them. In October 1964 the Treasury ceased issuing them entirely. The Coinage Act of 1965 (PL 89-81) ended the practice of using silver in most U.S. coins, and in 1968 Congress ended the redeemability of silver certificates (PL 90-29). E.O. 11,110 was never reversed by President Johnson and remained on the books until 1987 when there was a general cleaning-up of executive orders (E.O. 12,608, 9/9/87). However, by this time the remaining legislative authority behind E.O. 11,110 had been repealed by Congress with PL 97-258 in 1982.2

In summary, E.O. 11,110 did not create new authority to issue additional silver certificates. In fact, its intention was to ease the process for their removal so that small denomination Federal Reserve Notes could replace them in accordance with a law Kennedy himself signed. If Kennedy had really sought to reduce Federal Reserve power, then why did he sign a bill that gave the Fed still more power?


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