The US National Debt Clock: September 29 Post Review
FDR's Executive Order 6102 vs JFK's Executive Order 11110
The US National Debt Clock ended its first year mission with this post so our team wanted to dig a little deeper into this one. This post was “special” in that its promo first appeared on the US Debt Clock’s Twitter/X page. This promo was also framed, polished and put on full display on the Twitter/X page. No other promo has received this high honor.
In addition, no other date has received the honor of multiple posts on the US Debt Clock’s Twitter/X page. On 9/29/24, both the promo and the image that appeared on the US Debt Clock website were also polished up and framed nicely for all to see on Twitter/X.
Based solely on the promo, one might surmise that the US Debt Clock was setting up a match-up between JP Morgan and John F. Kennedy. The promo post made by the US Debt Clock at 12:00 noon (EST) / 11:00 am (CST) on 9/29/24 clearly shows these two men.
Before we proceed further, it is good to note the contrast in the skies in the background on both the 9/29/24 promo and official post. The JP Morgan side of the image has cloudy, dark, storm clouds while the JFK side has bright blue skies with some golden, bright yellows at the bottom, as if you were sitting on a beach soaking in some sun.
However, after examining this framed and polished post more thoroughly, one might also surmise that the main players in the game are actually two executive orders - one executed by President Franklin D. Roosevelt in 1933 and one executed by President John. F. Kennedy in 1963. In other words, the text that appears faintly in the background may be the underlying story being told by this post. This would also align with the image shared by the US Debt Clock three days later on 10/2/24 as it mentions FDR’s gold seizure from 1933.
President Franklin D. Roosevelt’s Executive Order 6102 from 1933 was an order that forbade the hoarding of gold coin, gold bullion, and gold certificates. The penalty for hoarding gold was a $10,000 fine or ten years' imprisonment or both. Remember, the Great Depression occurred less than 20 years after the Federal Reserve was established in 1913.
A bank holiday also occurred in March of 1933. “Roosevelt orders a 4-day banking holiday, puts embargo on gold….” are some of the words that appear in the background of this US Debt Clock post from 9/29/24. The banking holiday of 1933 is Federal Reserve corruption history in the making.
At 1:00 a.m. on Monday, March 6, President Roosevelt issued Proclamation 2039 ordering the suspension of all banking transactions, effective immediately. He had taken the oath of office only thirty-six hours earlier.
The terms of the presidential proclamation specified that “no such banking institution or branch shall pay out, export, earmark, or permit the withdrawal or transfer in any manner or by any device whatsoever, of any gold or silver coin or bullion or currency or take any other action which might facilitate the hoarding thereof; nor shall any such banking institution or branch pay out deposits, make loans or discounts, deal in foreign exchange, transfer credits from the United States to any place abroad, or transact any other banking business whatsoever.”
For an entire week, Americans would have no access to banks or banking services. They could not withdraw or transfer their money, nor could they make deposits.
Here is a link to documents and statements pertaining to the banking emergency of 1933 for those interested in digging further.
So let’s take a look at the other side of the image. What exactly is the executive order appearing in the background of the JFK side?
Executive Order 11110 from 1963 was an order that amended executive order 10289. It delegated to the Secretary of the Treasury the president's authority to issue silver certificates under the Thomas Amendment of the Agricultural Adjustment Act, as amended by the Gold Reserve Act from 1934. Executive order 11110 allowed the Secretary of the Treasury to issue silver certificates.
The Gold Reserve Act from 1934? What exactly is that?
The United States Gold Reserve Act of January 30, 1934 required that all gold and gold certificates held by the Federal Reserve be surrendered and vested in the sole title of the United States Department of the Treasury. It also prohibited the Treasury and financial institutions from redeeming dollar bills for gold, established the Exchange Stabilization Fund under control of the Treasury to control the dollar's value without the assistance (or approval) of the Federal Reserve, and authorized the president to establish the gold value of the dollar by proclamation.
Immediately following passage of the Act, the President, Franklin D. Roosevelt, changed the statutory price of gold from $20.67 per troy ounce to $35. This price change incentivized gold miners globally to expand production and foreigners to export their gold to the United States, while simultaneously devaluing the U.S. dollar by increasing inflation. The increase in gold reserves due to the price change resulted in a large accumulation of gold in the Federal Reserve and U.S. Treasury, much of which was stored in the United States Bullion Depository at Fort Knox and other locations.
Yes, “US Inc.” hoarded the world’s gold back in 1934 and then created what we know as a gold rush. In essence, an illegally formed corporate entity took control of the world’s gold supply. The rest is history.
Our team mentioned JFK’s Executive Order 11110 in two separate posts that we compiled earlier on the US Deb Clock. Our post from April 2024 also details Fort Knox, for those interested in reviewing those details.
On June 4, 1963, President John F. Kennedy issued Executive Order No. 11110, directing the Treasury to produce $4 billion worth of $2 and $5 bills. The bills, supported by silver reserves stored in the Treasury's vaults, were issued without debt or interest. The seigniorage, or profit from coinage, went directly to the US government rather than to the privately owned US Federal Reserve Bank. This issuance of notes was part of Kennedy's broader strategy to diminish the influence of the US Federal Reserve Bank. On November 22, 1963, President Kennedy was assassinated in Dallas, Texas.
Our team’s post from August 2024 also made mention of the Thomas Amendment found in Executive Order 10289.
~ Others think that the reference to ThomasX is a reference to the Thomas Amendment found in Executive Order 10289 dated 9/17/1951. To refresh, Executive Order 11110 was issued by U.S. President John F. Kennedy on 6/4/1963. EO 11110 amended EO 10289. This marries up quite well to all of the other information put out by the US Debt Clock to date.
So what exactly did JFK do nearly two years prior to issuing Executive Order 11110?
On November 28, 1961, President Kennedy halted sales of silver by the Treasury Department. Increasing demand for silver as an industrial metal had led to an increase in the market price of silver above the United States government's fixed price. This led to a decline in the government's excess silver reserves by over 80% during 1961. Kennedy also called upon Congress to phase out silver certificates in favor of Federal Reserve notes which, according to the Associated Press at that time, were still backed by gold.
JFK basically stopped the Treasury Department from selling silver, which lowered excess silver reserves. Ultimately, this course of action diminished or weakened the influence of the US Federal Reserve Bank.
These moves by JFK will likely be referred to as “high-level chess” as things play out for those living in the year 2024. All of us are now living through the realization of these master chess moves.
Did these moves by JFK set-up a showdown between the Federal Reserve and the USA Treasury that would play out 60+ years later?
Does Executive Order 11110 still remain in active status on the federal register? Here are images from the Federal Register National Archives.
Does the eternal flame at the JFK burial site still burn brightly for a reason?
It is time to remember where this journey with the US Debt Clock started on 10/1/23.
It is time to flip over the tables of the money changers.
It is time for the Fed’s fake, fiat dollar to step aside, ushering in the NEW USA Treasury dividend dollar.
It is time for the USA Treasury to flip off the Federal Reserve system and place a stranglehold on all of its corruption.
The time has come to let freedom ring out loud and clear!
The time has come to extend Declaration of Independence wealth worldwide!