"City Issues"
Read what your neighbors are saying about growth and
development, traffic and crime. Then post your thoughts and concerns-- anything
that you believe is worth talking about!
"DeKalb and
Beyond"
Talk about county, state and national political
issues here!
Local Business Services Services offered by Clarkston businesses; yard sales, stuff for sale, and
more!
WHAT IS A U.S. NOTE?
This (above) is American money.
Below is the money of a foreign bank.
On June 4, 1963, a virtually unknown
Presidential decree -- Executive Order 11110 -- was signed with the authority to
basically strip the Federal Reserve 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 most important thing that
any American can know about what government is doing is what the money is;
what it is backed by; who issues it; and who profits by its issuance.
When President Kennedy 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.
As a result, more than $4 billion in
United States Notes was placed 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 that the Federal Reserve Notes being used as the purported legal
currency were contrary to the Constitution of the United States of America.
Kennedy knew that if the silver-backed United States Notes were widely
circulated, they would have eliminated the demand for Federal Reserve Notes.
This is a very simple matter of economics-- the US Note was backed by silver
while the FR Note was not backed by anything of intrinsic value.
Executive Order 11110 would 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) had LBJ or
any subsequent President enforced it. It would have almost immediately given the
US 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 would have
given the US the ability to, once again, create its own money backed by silver
and realm value worth something. However, when President Kennedy was
assassinated in November 1963, the United States Notes that he had issued were
immediately taken out of circulation.
"Chicks
In the City"
Because of increased
interest in back yard flock keeping, the Oakhurst Community
Garden has begun a class about raising chickens in the city, and
Georgia Organics has organized a self-guided tour of urban
coops. If youre considering raising chickens (or goats) in
Atlanta, these are great resources for finding out if the back
yard barnyard is for you. But be sure you check into local laws
and ordinances. They vary from county to county and town to town
throughout the metro area.
Pejorative name calling and swear words are
prohibited on aboutclarkston.com. In the first instances of such language usage,
deletion of the subject words will be the policy. In later instances of
continued such activity the website will prohibit posts from the email address
of origination. Other than for these stated reasons there should be no censoring
or deletion of any posts from this website, (even in situations of slander) with
the possible exception of material that originates from people not living in
Clarkston.
