PRESIDENT JOHN F.

KENNEDY

PRESIDENT JOHN F. KENNEDY

"The high office of the President has been used to foment a plot to destroy the Americans
freedom and before I leave office I must inform the Citizen of his plight."
PRESIDENT JOHN F. KENNEDY (10 days before he was murdered)
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. After
exhaustive research into this matter through the Federal Register and Library of Congress it is
prudent to conclude that this Executive Order has never been repealed, amended, or superceded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 borrowing from the privately
owned international Federal Reserve Bank.
President Kennedy's Executive Order #11110 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. More
than $4 billion in United States Notes were brought into circulation in $2 & $5 denominations.
However, $10 & $20 United States Notes were never circulated but were being printed by the
Treasury Department when Kennedy was assassinated. President Kennedy knew the Federal
Reserve Notes being used as the purported legal tender were in conflict with the Constitution of
these united States for America. "United States Notes" were issued interest-free as debt-free
currency backed by the silver reserves in the U.S. Treasury.
A "Federal Reserve Note" issued from the international private for profit central bank in the
United States (the Federal Reserve Bank a/k/a Federal Reserve System), as compared with a
"United States Note" from the U.S. Treasury issued by President Kennedy's Executive Order
almost look alike, except one title says "Federal Reserve Note" on the top while the other title
says "United States Note". The Federal Reserve Note has a green seal and serial number, while
the United States Note has a red seal and serial number. None of these are currently in
circulation. We must demand Lawful Money pursuant to United States Code Title 12 Paragraph

411. Current Federal Reserve Notes have dual seals (1) FRN black seals on the left (debt), (2)
USTreasury green seal (credit) on the right side both serial numbers (copy) on both sides of the
note have green serial numbers. [Note: the newest one hundred dollar FedRes Notes have both
treasury and Federal Reserve Seals in black on the Left Side!?]
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
legal tender 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 silverbacked United States Notes were widely circulated, they would have eliminated the demand for
Federal Reserve Notes.
The United States Note backed by the intrinsic value of silver, versus, the Federal Reserve Note
which is backed by nothing of intrinsic value. (the faith of the people?) (We The People have
been collateralized, and pledged to the Nations debt)
[also see notes on legal tender, plus notes about Private Debt versus Public Credit, and
HJR192, along with 14th & 16th Amendment notes]
Executive Order #11110 should have prevented the national debt from reaching its current level
(virtually all of the nearly $18 trillion+ federal debt (which is only the interest on the principal)
has been created since 1963) if LBJ had or any subsequent President were to enforce it. It would
have given back to the U.S. Government the ability to repay its debt without going to the private
Federal Reserve Banks to borrow and be charged interest to create new currency - "money".
Executive Order #11110 gave the U.S, the ability to, once again, create its own real money
backed by silver with intrinsic value. Just five months after Kennedy was assassinated, no more
of the Series 1958 "Silver Certificates" were issued, and the rest were removed from circulation.
[No Silver Coins after 1964]
Executive Order #11110 can destroy the profits and controls of the private international for profit
Federal Reserve Bank. (see also the Demand For Lawful Money title 12 USC 411)
Executive Order 11110
AMENDMENT OF EXECUTIVE ORDER NO. 10289
AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS
AFFECTING THE DEPARTMENT OF THE TREASURY
By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is
ordered as follows:
SECTION 1.
Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended (a) By adding at the end of paragraph 1 thereof the following subparagraph (j): "(j) The authority
vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended
(31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver
dollars in the Treasury not then held for redemption of any outstanding silver certificates, to
prescribe the denominations of such silver certificates, and to coin standard silver dollars and
subsidiary silver currency for their redemption," and
(b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.
SECTION 2.
The amendment made by this Order shall not affect any act done, or any right accruing or
accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the
date of this Order but all such liabilities shall continue and may be enforced as if said

amendments had not been made.

JOHN F. KENNEDY
THE WHITE HOUSE,
June 4, 1963
Executive Order 11110 is still valid.
According to Title 3, United States Code, Section 301 dated January 26, 1998:
Executive Order (EO) 10289 dated Sept. 17, 1951, 16 F.R. 9499, was as amended by:
EO 10583, dated December 18, 1954, 19 F.R. 8725;
EO 10882 dated July 18, 1960, 25 F.R. 6869;
EO 11110 dated June 4, 1963, 28 F.R. 5605;
EO 11825 dated December 31, 1974, 40 F.R. 1003;
EO 12608 dated September 9, 1987, 52 F.R. 34617
The 1974 and 1987 amendments, added after Kennedy's 1963 amendment, did not change or
alter any part of Kennedy's EO#11110. A search of Clinton's 1998 and 1999 EO's and
Presidential Directives has also shown no reference to any alterations, suspensions, or changes to
EO#11110.
The Federal Reserve Bank, a.k.a Federal Reserve System, is a Private International Corporation
registered NO-where within the USA..
Black's Law Dictionary 5th Edition defines the "Federal Reserve System" as:
"Network of twelve central banks to which most national banks belong and to which state
chartered banks may belong. Membership rules require investment of stock and minimum
reserves. The Federal Reserve System was established in 1913 to give the country an elastic
currency, provide facilities for discounting commercial paper and to improve the supervision of
banking.
The System consists of five parts: the Board of Governors in Washington; the 12 Federal Reserve
Banks, their branches and other facilities situated throughout the country; the Federal Open
Market Committee; the Federal Advisory Council; and the member commercial banks, which
include all national banks and State-chartered banks that have voluntarily joined the System."
Privately-owned for-profit international banks own the stock of the FRB. (for example; the
largest shareholder of the FRB is the Bank of New York. The largest shareholder of the Bank of
NY is the Bank of London.)
This was explained in more detail in the case of Lewis v. United States, Federal Reporter, 2nd
Series, Vol. 680, Pages 1239, 1241 (1982), where the court said:
"Each Federal Reserve Bank is a separate corporation owned by commercial banks in its region.
The stock-holding commercial banks elect two thirds of each Bank's nine member board of
directors".
Blacks Law Dictionary 5th Edition defines the Federal Reserve Board of Governors. as:
The seven-member Board of Governors, appointed by the President and confirmed by the
Congress, sets reserve requirements for member banks, reviews and approves the discount-rate
actions of regional Federal Reserve Banks, sets ceilings on the rates of interest that banks can
pay on time and savings deposits, and issues regulations. Members also sit on the Federal Open
Market Committee--the principal instrument for implementing the Board's national monetary
policy.
The Federal Reserve Banks are locally controlled by their member banks.
In Black's Law Dictionary 5th Edition, we find that these privately owned banks actually issue

money:
"Federal Reserve Act.
Law which created Federal Reserve banks which act as agents in maintaining money reserves,
issuing money in the form of bank notes, lending money to banks, and supervising banks.
Administered by Federal Reserve Board (q. v.). [within the Board of Governors documentation
one finds the acronym F.R.A.U.D. being used. This is defined as Federal Reserve Auditing Unit
Device. The Board of Governors FRAUD term is what the Bankster call what most people call
money'.
The privately owned Federal Reserve (FRB) banks actually issue (create) the "currency" (credit)
we use.
Blacks Law Dictionary 5th Edition defines Federal reserve notes as:
Form of currency issued by Federal Reserve Banks in the likeness of non-interest bearing
promissory note payable to bearer on demand. The federal reserve note (e.g. one, five, ten, etc.
dollar bill) is the most widely used paper currency. Such have replaced silver and gold
certificates which were backed by silver and gold. Such reserve notes are direct obligations of
the United States. [note that the word likeness is used, meaning these FedResNotes (interest
due upon issue) look similar to but are not the same as U.S. Notes (non-interest bearing). Also
note that these FRNs are a form of currency not a form of money.]
According to Black;s Law Dictionary 5th Edition Money is defined as
In usual and ordinary acceptation it means coins and paper currency used as circulating medium
of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real
estate. Lane v. Railey, 280 Ky. 319, 133 S.W.2d 74, 79, 81. See also Currency; Current money;
Flat money; Legal tender; Near money; Scrip; Wampum.
A medium of exchange authorized or adopted by a domestic or foreign government as a part of
its currency. U.C.C. 1-201(24).
Public money. Revenue received from federal, state, and local governments from taxes, fees,
fines, etc. See Revenue.
So we can see that money by definition does not include notes.
In 1964, the House Committee on Banking and Currency, Subcommittee on Domestic Finance,
at the second session of the 88th Congress, put out a study entitled Money Facts which contains a
good description of what the FRB is:
"The Federal Reserve is a total money-making machine. It can issue money or checks. And it
never has a problem of making its checks good because it can obtain the $5 and $10 bills
necessary to cover its check simply by asking the Treasury Department's Bureau of Engraving to
print them".
Any one person or any closely knit group who has a lot of money has a lot of power. Now
imagine a group of people who have the power to create money. Imagine the power these people
would have. This is exactly what the privately owned foreign for profit FED is!
No man did more to expose the power of the FED than Louis T. McFadden, who was the
Chairman of the House Banking Committee back in the 1930s. In describing the FED, he
remarked in the Congressional Record, House pages 1295 and 1296 on June 10, 1932:
"Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever
known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve
Board, a Government Board, has cheated the Government of the United States and he people of
the United States out of enough money to pay the national debt. The depredations and the
iniquities of the Federal Reserve Board and the Federal reserve banks acting together have cost

this country enough money to pay the national debt several times over. This evil institution has
impoverished and ruined the people of the United States; has bankrupted itself, and has
practically bankrupted our Government. It has done this through the mal-administration of that
law by which the Federal Reserve Board, and through the corrupt practices of the moneyed
vultures who control it".
Some people think the Federal Reserve Banks are United States Government institutions.
They are NOT Government institutions, departments, or agencies.
They are foreign private for profit credit monopolies which prey upon the citizens of the United
States for the benefit of themselves and their foreign owners. Those 12 private credit monopolies
were deceitfully placed upon this country by bankers who came here from Europe and who
repaid us for our hospitality by undermining our American institutions.
The FED basically works like this:
The government granted its power to create money to the FED banks. They create money, then
loan it back to the government charging interest. The government levies income taxes to pay the
interest on the debt. On this point, it's interesting to note that the Federal Reserve Act and the
sixteenth amendment, which gave congress the power to collect income taxes, were both passed
in 1913. The incredible power of the FED over the economy is universally admitted. Some
people, especially in the banking and academic communities, even support it. On the other hand,
there are those, such as President John Fitzgerald Kennedy, that have spoken out against it. His
efforts were spoken about in Jim Marrs' 1990 book Crossfire:
"Another overlooked aspect of Kennedy's attempt to reform American society involves money.
Kennedy apparently reasoned that by returning to the constitution, which states that only
Congress shall coin and regulate money, the soaring national debt could be reduced by not
paying interest to the bankers of the Federal Reserve System, who print paper money then loan it
to the government at interest. He moved in this area on June 4, 1963, by signing Executive Order
11110 which called for the issuance of $4,292,893,815 in United States Notes through the U.S.
Treasury rather than the traditional Federal Reserve System. That same day, Kennedy signed a
bill changing the backing of one and two dollar bills from silver to gold, adding strength to the
weakened U.S. currency.
Kennedy's comptroller of the currency, James J. Saxon, had been at odds with the powerful
Federal Reserve Board for some time, encouraging broader investment and lending powers for
banks that were not part of the Federal Reserve system. Saxon also had decided that non-Reserve
banks could underwrite state and local general obligation bonds, again weakening the dominant
Federal Reserve banks".
In a speech made to Columbia University on Nov. 12, 1963, ten days before his assassination,
President John Fitzgerald Kennedy said: "The high office of the President has been used to
foment a plot to destroy the American's freedom and before I leave office, I must inform the
citizen of this plight." In this matter, John Fitzgerald Kennedy appears to be the subject of his
own book... a true Profile of Courage.
According to the Constitution of the United States, (Article 1 Section 8), only Congress has the
authority to coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of
Weights and Measures.
However, since 1913 this Amendment has not been followed. In 1913, the Federal Reserve
System was created, giving a private foreign owned corporation the authority to "create" and
coin the currency of United States. The Federal Reserve is comprised of 12 private credit
monopolies who have been given the authority to control the supply of the "Federal Reserve

Notes", interest rates and all the other monetary and banking phenomena.
The way the Federal Reserve works is this: 12 private credit monopolies "create", (or print),
Federal Reserve Notes which are lent to the American government. The government granted
(gave away) its power to create money to the FED banks. They create money, then loan it back to
the government charging interests. The government levies income taxes to pay the interest on the
debt. It is interesting to note that the Federal Reserve Act and the sixteenth amendment, were
both passed in 1913. The Federal Reserve Notes are not backed by anything of "intrinsic" value.
(i.e. gold or silver). [see notes on the 16th Amendment, which provide no new taxing authority]
On June 4, 1963, President, John Fitzgerald Kennedy signed the Presidential decree, Executive
Order 11110, which stripped the Federal Reserve Banking System of its power to loan money to
the United States Federal Government at interest. This decree meant that for every ounce of
silver in the U.S. Treasury's vault, the U.S. government could introduce new money into
circulation based on the silver bullion physically held there. As a result, more than $4 trillion 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.
Kennedy knew that if the silver backed United States Notes were widely circulated, they would
have eliminated the demand for Federal Reserve Notes. This would give back to the U.S.
Treasury the Constitutional authority to coin U.S. money once again, thus preventing the national
debt from rising due to "usury" that the American people are charged for "borrowing" the FRN's.
Only 5 months after Executive Order #11110 was signed, President Kennedy was assassinated.
Five months later, no more of the Series 1958 "Silver Certificates" were issued and they were
subsequently removed from circulation. Kennedy knew that if Congress coined and regulated
money, as the Constitution states, the national debt would be reduced by not paying interest to
the 12 credit monopolies. This in itself would have allowed the American people freedom of
money that they earned, enabling the economy to grow.
It is interesting to note that Executive Order#11110 is still in effect, though no U.S. President has
followed it. The Bible states, "through lack of knowledge, my people perish". As American
people, it is our duty to question the Federal Reserve System, and the power that we have given
them... "When the federal government is held to its proper constitutionally limited functions, tax
reform will take care of itself." --Rep. Ron Paul. [From U.S.Cong.News, 1963, pg. 1737.]
Executive Order No. 11110
June 7, 1963, 28 F. R. 5605
AMENDMENT OF EXECUTIVE ORDER NO. 10289, AS AMENDED, RELATING
TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT
OF THE TREASURY
By virtue of the authority vested in me by section 301 of title 3 of the United States Code, [3
U.S.C.A. 301] it is ordered as follows:
Section 1. Executive Order No. 10289 of September 19, 1951, as amended, [3 U.S.C.A. 301
note] is hereby further amended-(a) By adding at the end of paragraph 1 thereof the following subparagraph (j):
"(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12,
1933, as amended (31 U.S.C. 821(b)), to issue silver certificates against any silver bullion, silver,
or standard silver dollars in the Treasury not then held for redemption of any outstanding silver
certificates, to prescribe the denominations of the such silver certificates, and to coin standard

silver dollars and subsidiary silver currency for their redemption," and (b) By revoking
subparagraphs (b) and (c) of paragraph 2 thereof.
Sec. 2. The amendments made by this Order shall not affect any act done, or any right accruing
or accrued and any suit or proceeding had or commenced in any civil or criminal case prior to the
date of this Order but all such liabilities shall continue any may be enforced as if said
amendments had not been made.
JOHN F. KENNEDY
THE WHITE HOUSE
June 4, 1963