--- In FairfieldLife@yahoogroups.com, Napoleon Lupei <[EMAIL PROTECTED]> wrote: > > > True or False: > MOST of our problems would have not existed today if JFK did not die. > > > > JFK Vs The Federal Reserve > By John P. Curran> 4-19-7 > > On June 4, 1963, a virtually unknown Presidential decree, <executiveorder11110 .htm>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. 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 that this Executive Order has never been repealed, amended, or superceded by any subsequent Executive Order. In simple terms, it is still valid.
I could swear that I heard on NPR some years ago that the Federal Reserve Board was part of the LEGISLATIVE BRANCH and that it made it's money by clearing checks. How interesting to go back and read the Constitution http://www.usconstitution.net/const.html#A1Sec8 . I've tried to read it at the National Archives and each time I launch into it I get shooed away I guess in fear that I might be planning on doing the document harm. Hmm. Maybe next time I'm in the district I could ask some friends I do some work with every now and then to intervene. Then again, even they might not want to touch that one. Interesting what the powers of Congress are. Like for example "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;". Can anyone tell me which branch of the government the Federal Reserve is in? Yes, I see it listed as an independent agency. But agency implies Executive Branch, yes, no? It's kind of looking like the Federal Reserve can be regulated by Executive Orders. "Be who you are and say what you feel because those who mind don't matter and those who matter don't mind. -- Dr. Seuss "I love you just the way you are." -- Mr. Rogers