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Forwarded from Bobby BueashaeπŸ™πŸ™πŸ™
JFK's Executive Order 11110, signed June 4, 1963, amended a prior order, allowing the Treasury Secretary to issue silver certificates against silver bullion, facilitating a transition away from silver-backed currency under the nav>>Thomas Amendment and nav>>Silver Purchase Act. While often linked to conspiracy theories about undermining the Federal Reserve (Fed), historians generally view it as a technical move to manage silver reserves and transition to Federal Reserve Notes, not a challenge to the Fed's power, though it did enable the Treasury to issue currency directly.
Key Aspects of EO 11110:
Purpose: To manage the phasing out of silver certificates by authorizing the Treasury to issue new currency backed by silver, easing the shift to paper money as silver reserves dwindled.
Mechanism: It delegated authority from the President to the Treasury Secretary to issue silver certificates, allowing the Treasury to use silver bullion.
Context: Signed the same day as Public Law 88-36, which ended silver requirements for coins and certificates, making the order a transitional tool.
Common Misconceptions (Conspiracy Theories):
Undermining the Fed: Claims suggest Kennedy intended to cripple the Federal Reserve by allowing the Treasury to print interest-free money.
Never Repealed: While the order wasn't explicitly revoked immediately, subsequent actions and interpretations show it didn't fundamentally alter the Fed's dominant role, and it was later revoked by a Reagan-era order (EO 12608) in 1987.
Historical Reality:
Experts (like those on Reddit's r/AskHistorians) state the order actually enhanced the Fed's power by allowing it to issue small-denomination notes, as it conserved silver.
The order facilitated an orderly monetary transition rather than a radical overhaul, with silver certificates declining after 1963.
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Forwarded from Bobby BueashaeπŸ™πŸ™πŸ™
This is what has me on the 111 numbers.

BUT...

1/11/2026

1/11/2+0+2+6=10
1 11 110

11110
Kennedys EO
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Forwarded from Pixiedust ChroniclesπŸͺ„πŸͺ„ (Cinderella⚑)
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Forwarded from il Donaldo Trumpo
MALAYSIA WASN'T PLAYING THIS YEAR!!!πŸ₯³πŸ₯³πŸ₯³
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Forwarded from il Donaldo Trumpo
MALAYSIA WASN'T PLAYING THIS YEAR!!!πŸ₯³πŸ₯³πŸ₯³
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Forwarded from Bobby BueashaeπŸ™πŸ™πŸ™
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Forwarded from Praying Medic News
In response to the massive daycare fraud being exposed by independent journalists using information found on state websites, WA State Senator Lisa Wellman has filed legislation to hide information about daycares and their operators from the public.

They're in on it.

https://x.com/thehoffather/status/2006240702213099815?s=20
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