6/4/1963. A little known attempt was made to strip the Federal Reserve Bank (a private corporation) of its power to loan money to the U.S. Gov't at interest.
On that day President Kennedy signed Executive Order # 11,110 that returned to the U.S. Gov't the power to issue currency, without going through the Federal Reserve. The power was taken from the gov't on 12/22/1913 when the federal reserve act was signed. It handed them (the few men that own the federal reserve bank of new york) sole power of our money.This private corporation owns the right to print our money and issue it charging interest, setting the interest rate-ultimately keeping the gov't, and citizens forever in debt.
Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury,
This meant for every ounce of silver in the U.S. Treasury vault, the gov't could introduce new money into circulation. In all, Kennedy brought nearly 4.3 billion in U.S. notes into circulation.
With the stroke of a pen, Mr. Kennedy was on his way to putting the federal reserve bank of New York out of business.
If enough silver certificates were to come into circulation; they would have eliminated the demand for federal reserve notes.
This is because the silver certificates are backed by silver, and federal reserve notes are backed with nothing. Worthless.
Executive Order 11,110 could have prevented the national debt from reaching its level, which is close to 70 trillion dollars! An inconceivable number. It also would have given the gov't the ability to repay its debt without going to the federal reserve and being charged interest in order to create the new money.
Executive Order 11,110 gave the U.S. the ability to create its own money backed with silver.
He was assassinated 5 months later. No more certificates were issued.
Executive Order 11,110 was never repealed by any U.S. President and is still valid.
No President has utilized it since.
2007-01-20 14:26:34
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answer #1
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answered by no worries 4
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Kennedy.... Failed support of the Bay of Pigs invasion. That encouraged the USSR to build the Berlin Wall. Kennedy did nothing about that. That encouraged the USSR to put missles in Cuba. Kennedy then brought the world as close to a nuke war as we ever were. When the USSR "back down" they came out of the deal over Cuba better off than the USA. (USSR removed missles from Cuba, USA removed similiar missles from Turkey. USA promised never to invade Cuba, USSR did not make an equal promise about Turkey. USA got the worst of the deal.) Then Kennedy stopped a bullet and will now live in history as a "great president."
2007-01-21 10:07:36
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answer #2
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answered by forgivebutdonotforget911 6
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I have two.
The Bay of Pigs fiasco was started without is approval. The idea was that their failure would draw him into backing a military incursion into Cuba to "retaliate" against the Cubans killing the soldiers. Kennedy saw this for what it was, refused, and took responsibility for the failure (technically, as commander in chief, it was his ultimate fault), and refused to authorize anything more. That kept us out of Cuba. (Johnson wasn't as smart when the Tonkin Gulf incident happened, and we ended up in Vietnam instead.)
A second was, of course, staring down Nikita Kruschnev over the missiles that Castro asked him to put there. Kruschnev realized that a war there would be lost and his Russia would look even worse than merely backing down. Of course, he was later removed, from office and from history.
So, here's a footnote for your paper to chew on. The 25th amendment, "In case of the removal of the President from office or of his death or resignation, the Vice President shall become President," was approved in 1967. The assassination of Kennedy could have been Kruschnev's attempt to regain clout by destabilizing the U.S. by eliminating both the President and the Vice President, leaving in question who even would be in charge. Even if Johnson were missed, not until four years later would he have automatically become President.
2007-01-20 11:52:10
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answer #3
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answered by Anonymous
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1. He dealt with the Cuban Missile Crisis
2. He started the Peace Corps
3. He dealt with the Cold War
4. He was assasinated while in office
2007-01-20 11:47:51
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answer #4
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answered by SuzyBelle04 6
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Since most of the people with the exceptions of Marilyn Monroe comments were already written here, I thought I would mention that he was a great speaker. Unlike our fair president of today. JFK gave speeches that would stand the test of time.
They didn't have a calendar after him for his "dumb quotes" like "W".
2007-01-20 13:00:31
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answer #5
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answered by tonit45 2
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lowered taxes. He like George bush believe that lowering taxes raises revenues. It works.
He backed down the soviets from putting missiles on Cuba.
He went after organized crime with a vengeance.
He focused on civil rights in a major way.
2007-01-20 11:47:30
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answer #6
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answered by Anonymous
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1. He cut taxes 2. He tried to oust Castro 3. He stood up to communism 4.He made people feel good about being American.
2007-01-20 11:48:51
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answer #7
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answered by aneheim 1
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He started Peace Corps and one of his big things was poverty in America.
2007-01-20 11:44:58
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answer #8
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answered by Anonymous
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cuban missile crisis
2007-01-20 11:43:23
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answer #9
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answered by Sam 3
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He had sex with Marilyn Monroe
2007-01-20 11:42:45
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answer #10
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answered by Anonymous
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