Wednesday, September 12, 2012


According to conspiracy theorists, there were two things JFK did as president that might have finally did him in: 1) Signed the Presidential decree, Executive Order 11110, with the authority to basically strip the privately-owned Federal Reserve Bank of its power to loan money to the United States Federal Government at interest; 2) Gave a speech on his thoughts on "secret societies" being established within the US government, which in his own words he finds the situation “repugnant”. It is said these were enough to infuriate America's oligarchs.

The following is an article from Global Watch that highlights the Presidential decree, Executive Order 11110, and the speech given by JFK that touches upon his abomination of "secret societies."

You be the judge.

According to Global Watch:


As one of America’s greatest presidents, Kennedy at his inaugural address on 20th January, 1961, challenged the people of the United States with the statement: "Ask not what your country can do for you, but rather what you can do for your country." 

Kennedy also wanted the young people of the country to help the undeveloped world. He announced the establishment of the Peace Corps, a scheme that intended to send 10,000 young people to serve in Africa, Asia and Latin America. Kennedy argued that this "practical, inexpensive, person-to-person program will plant trust, good will and a capacity for self-help" in the underdeveloped world.

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 We can now safely conclude that this Executive Order has never been repealed, amended, or superseded by any subsequent Executive Order.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. 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. 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. We compared a "Federal Reserve Note" issued from the private central bank of the United States (the Federal Reserve Bank a/k/a Federal Reserve System), 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.

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 (USN) were widely circulated, they would have eliminated the demand for Federal Reserve Notes (FRN). 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.

Perhaps the assassination of JFK was a warning to all future presidents not to interfere with the private Federal Reserve's control over the creation of money. It seems very apparent that President Kennedy challenged the "powers that exist behind U.S. and world finance".


Herewith the speech as derived from John F. Kennedy PresidentialLibrary and Museum:

President John F. Kennedy
Waldorf-Astoria Hotel, New York City
Address to the American Newspaper Publishers Association
April 27, 1961

    Mr. Chairman, ladies and gentlemen:

     I appreciate very much your generous invitation to be here tonight.

     You bear heavy responsibilities these days and an article I read some time ago reminded me of how particularly heavily the burdens of present day events bear upon your profession.

     You may remember that in 1851 the New York Herald Tribune under the sponsorship and publishing of Horace Greeley, employed as its London correspondent an obscure journalist by the name of Karl Marx.

     We are told that foreign correspondent Marx, stone broke, and with a family ill and undernourished, constantly appealed to Greeley and managing editor Charles Dana for an increase in his munificent salary of $5 per installment, a salary which he and Engels ungratefully labeled as the "lousiest petty bourgeois cheating."

     But when all his financial appeals were refused, Marx looked around for other means of livelihood and fame, eventually terminating his relationship with the Tribune and devoting his talents full time to the cause that would bequeath the world the seeds of Leninism, Stalinism, revolution and the cold war.

     If only this capitalistic New York newspaper had treated him more kindly; if only Marx had remained a foreign correspondent, history might have been different. And I hope all publishers will bear this lesson in mind the next time they receive a poverty-stricken appeal for a small increase in the expense account from an obscure newspaper man.

     I have selected as the title of my remarks tonight "The President and the Press." Some may suggest that this would be more naturally worded "The President Versus the Press." But those are not my sentiments tonight.

     It is true, however, that when a well-known diplomat from another country demanded recently that our State Department repudiate certain newspaper attacks on his colleague it was unnecessary for us to reply that this Administration was not responsible for the press, for the press had already made it clear that it was not responsible for this Administration.

     Nevertheless, my purpose here tonight is not to deliver the usual assault on the so-called one party press. On the contrary, in recent months I have rarely heard any complaints about political bias in the press except from a few Republicans. Nor is it my purpose tonight to discuss or defend the televising of Presidential press conferences. I think it is highly beneficial to have some 20,000,000 Americans regularly sit in on these conferences to observe, if I may say so, the incisive, the intelligent and the courteous qualities displayed by your Washington correspondents.

     Nor, finally, are these remarks intended to examine the proper degree of privacy which the press should allow to any President and his family.

     If in the last few months your White House reporters and photographers have been attending church services with regularity, that has surely done them no harm.

     On the other hand, I realize that your staff and wire service photographers may be complaining that they do not enjoy the same green privileges at the local golf courses that they once did.

     It is true that my predecessor did not object as I do to pictures of one's golfing skill in action. But neither on the other hand did he ever bean a Secret Service man.

     My topic tonight is a more sober one of concern to publishers as well as editors.

     I want to talk about our common responsibilities in the face of a common danger. The events of recent weeks may have helped to illuminate that challenge for some; but the dimensions of its threat have loomed large on the horizon for many years. Whatever our hopes may be for the future--for reducing this threat or living with it--there is no escaping either the gravity or the totality of its challenge to our survival and to our security--a challenge that confronts us in unaccustomed ways in every sphere of human activity.

     This deadly challenge imposes upon our society two requirements of direct concern both to the press and to the President--two requirements that may seem almost contradictory in tone, but which must be reconciled and fulfilled if we are to meet this national peril. I refer, first, to the need for a far greater public information; and, second, to the need for far greater official secrecy.

     The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions. Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment. That I do not intend to permit to the extent that it is in my control. And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know.

     But I do ask every publisher, every editor, and every newsman in the nation to reexamine his own standards, and to recognize the nature of our country's peril. In time of war, the government and the press have customarily joined in an effort based largely on self-discipline, to prevent unauthorized disclosures to the enemy. In a time of "clear and present danger," the courts have held that even the privileged rights of the First Amendment must yield to the public's need for national security.

     Today no war has been declared--and however fierce the struggle may be, it may never be declared in the traditional fashion. Our way of life is under attack. Those who make themselves our enemy are advancing around the globe. The survival of our friends is in danger. And yet no war has been declared, no borders have been crossed by marching troops, no missiles have been fired.

     If the press is awaiting a declaration of war before it imposes the self-discipline of combat conditions, then I can only say that no war ever posed a greater threat to our security. If you are awaiting a finding of "clear and present danger," then I can only say that the danger has never been more clear and its presence has never been more imminent.

     It requires a change in outlook, a change in tactics, a change in missions--by the government, by the people, by every businessman or labor leader, and by every newspaper. For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence--on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations.

     Its preparations are concealed, not published. Its mistakes are buried, not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed. It conducts the Cold War, in short, with a wartime discipline no democracy would ever hope or wish to match.

     Nevertheless, every democracy recognizes the necessary restraints of national security--and the question remains whether those restraints need to be more strictly observed if we are to oppose this kind of attack as well as outright invasion.

     For the facts of the matter are that this nation's foes have openly boasted of acquiring through our newspapers information they would otherwise hire agents to acquire through theft, bribery or espionage; that details of this nation's covert preparations to counter the enemy's covert operations have been available to every newspaper reader, friend and foe alike; that the size, the strength, the location and the nature of our forces and weapons, and our plans and strategy for their use, have all been pinpointed in the press and other news media to a degree sufficient to satisfy any foreign power; and that, in at least in one case, the publication of details concerning a secret mechanism whereby satellites were followed required its alteration at the expense of considerable time and money.

     The newspapers which printed these stories were loyal, patriotic, responsible and well-meaning. Had we been engaged in open warfare, they undoubtedly would not have published such items. But in the absence of open warfare, they recognized only the tests of journalism and not the tests of national security. And my question tonight is whether additional tests should not now be adopted.

     The question is for you alone to answer. No public official should answer it for you. No governmental plan should impose its restraints against your will. But I would be failing in my duty to the nation, in considering all of the responsibilities that we now bear and all of the means at hand to meet those responsibilities, if I did not commend this problem to your attention, and urge its thoughtful consideration.

     On many earlier occasions, I have said--and your newspapers have constantly said--that these are times that appeal to every citizen's sense of sacrifice and self-discipline. They call out to every citizen to weigh his rights and comforts against his obligations to the common good. I cannot now believe that those citizens who serve in the newspaper business consider themselves exempt from that appeal.

     I have no intention of establishing a new Office of War Information to govern the flow of news. I am not suggesting any new forms of censorship or any new types of security classifications. I have no easy answer to the dilemma that I have posed, and would not seek to impose it if I had one. But I am asking the members of the newspaper profession and the industry in this country to reexamine their own responsibilities, to consider the degree and the nature of the present danger, and to heed the duty of self-restraint which that danger imposes upon us all.

     Every newspaper now asks itself, with respect to every story: "Is it news?" All I suggest is that you add the question: "Is it in the interest of the national security?" And I hope that every group in America--unions and businessmen and public officials at every level-- will ask the same question of their endeavors, and subject their actions to the same exacting tests.

     And should the press of America consider and recommend the voluntary assumption of specific new steps or machinery, I can assure you that we will cooperate whole-heartedly with those recommendations.

     Perhaps there will be no recommendations. Perhaps there is no answer to the dilemma faced by a free and open society in a cold and secret war. In times of peace, any discussion of this subject, and any action that results, are both painful and without precedent. But this is a time of peace and peril which knows no precedent in history.

     It is the unprecedented nature of this challenge that also gives rise to your second obligation--an obligation which I share. And that is our obligation to inform and alert the American people--to make certain that they possess all the facts that they need, and understand them as well--the perils, the prospects, the purposes of our program and the choices that we face.

     No President should fear public scrutiny of his program. For from that scrutiny comes understanding; and from that understanding comes support or opposition. And both are necessary. I am not asking your newspapers to support the Administration, but I am asking your help in the tremendous task of informing and alerting the American people. For I have complete confidence in the response and dedication of our citizens whenever they are fully informed.

     I not only could not stifle controversy among your readers--I welcome it. This Administration intends to be candid about its errors; for as a wise man once said: "An error does not become a mistake until you refuse to correct it." We intend to accept full responsibility for our errors; and we expect you to point them out when we miss them.

     Without debate, without criticism, no Administration and no country can succeed--and no republic can survive. That is why the Athenian lawmaker Solon decreed it a crime for any citizen to shrink from controversy. And that is why our press was protected by the First Amendment-- the only business in America specifically protected by the Constitution- -not primarily to amuse and entertain, not to emphasize the trivial and the sentimental, not to simply "give the public what it wants"--but to inform, to arouse, to reflect, to state our dangers and our opportunities, to indicate our crises and our choices, to lead, mold, educate and sometimes even anger public opinion.

     This means greater coverage and analysis of international news--for it is no longer far away and foreign but close at hand and local. It means greater attention to improved understanding of the news as well as improved transmission. And it means, finally, that government at all levels, must meet its obligation to provide you with the fullest possible information outside the narrowest limits of national security--and we intend to do it.

     It was early in the Seventeenth Century that Francis Bacon remarked on three recent inventions already transforming the world: the compass, gunpowder and the printing press. Now the links between the nations first forged by the compass have made us all citizens of the world, the hopes and threats of one becoming the hopes and threats of us all. In that one world's efforts to live together, the evolution of gunpowder to its ultimate limit has warned mankind of the terrible consequences of failure.

     And so it is to the printing press--to the recorder of man's deeds, the keeper of his conscience, the courier of his news--that we look for strength and assistance, confident that with your help man will be what he was born to be: free and independent.

* * *

Suggested read:

Time: JFK’s Funeral - Photos from Arlington Cemetery



  1. I will never forget that day as long as I live. I was sitting in 5th hour dramatics class in
    highschool. I was a Sophomore and all of us students were in total shock. Our school was closed for National Mourning for 3 days and I can still remember that funeral coach and horses trotting down the street. No matter if they ever really decide if there are more shooters, he will be a beloved President.

    1. The entire Philippines, as I remember it, was completely devastated by his death, Ann. It was great tragedy, especially among those who adored him.

  2. I don't think everyone will ever be satisfied with the official explanation, especially after Jack Ruby so quickly killed Oswald.

    ROG, ABC Wednesday team

    1. That's true, Roger. So many questions left unanswered.

  3. In my country the news of Kennedy's death came as a disasterous blow. Everybody was in shock. It was on a Friday afternoon and I was doing my house, tidying up the livingroom when I heard it on the radio.

    1. He was truly a very popular president -- worldwide -- and he certainly attracted detractors with nefarious intentions. One or a group of them finally succeeded on that fateful day in Dallas.

  4. i remember my dad and uncles talking about JFK when i was a kid. i heard there was a mafia angle and Fidel Castro.:p when JFK, the movie was shown here, i watched it even after my friends told me the movie was quite boring. it was an interesting and controversial film.:p

    1. If you were referring to Oliver Stone's JFK, then I saw it also, Luna. However, I think it was beyond the Mafia, though JFK's father also engaged in questionable, shady business dealings years before he was elected president.

  5. Don't we all remember where we were. My goodness, I don't think the real truth will ever be known. It was a sad day.

    1. Am afraid you're right, Wanda, or at least during our lifetime. Indeed, it was a sad day worldwide.

  6. You've given us a lot to think about. I still feel inconclusive, but, perhaps as this information gestates in my mind, I will be more convicted.

    1. Just something to think about, Paula. But I'm resigned to the idea that we may not know the "truth" in this lifetime.

  7. I remember when they replayed some of Gore Vidal's interviews on his death he put the argument it was the Mafia. One mystery that may never be solved. The loss of a visionary president.
    Joy - ABC Team

    1. Perhaps, it was his courage that unsettled many of his detractors. Yes, the mafia was also highly discussed as culprits, Joy.

  8. You always have an interesting article Tito Eric.

    PS. I always gets kicked out from your site because of malware from I risk it this time to let you know that I always visit but couldn't leave a message.

    Juice in Jars
    Your comment always bring joy to me, so leave me one when you can.

    Rose, ABC Wednesday Team

    1. I also get that "malware" notice, Chubskulit. But after writing to Google (no reply), and asking a couple of internet security expert friends of mine, I just ignore it as they've suggested, and, I click on "proceed anyway."

      So far, nothing nasty has happened to my laptop, as they've predicted. It has been a couple of months now. They also suggested that I refrain from posting articles on China-Philippine island conflict. Could be Chinese hackers preventing people to visit my site, they claim, hehehe.


  9. Interesting article. It is something I doubt there will ever be agreement about. Carver, ABC-Wed. Team

    1. You're right, Carver. Until we find out the real truth behind this tragedy, we'll all be at odds about it.