EXECUTIVE ORDER 11110
A
few months prior to his death President Kennedy issued Executive Order 11110
which among other things included the following
- Tax proposals to
redirect the foreign investments of U.S. companies
- distinctions in tax
reform between productive and non productive investment
- Eliminating the tax
privileges of U.S.-based global investment companies.
- Cracking down on
foreign tax havens.
- Supporting proposals to
eliminate tax privileges for the wealthy.
- Proposing increased
taxes for large oil and mineral companies.
- Revising the investment
tax credit.
- Making a proposal to
expand the powers of the president to deal with recession.
- Broader investment and
lending powers granted to non-Fed affiliated banks.
- setting of interest
rates, by independent banks, to compete with the Fed
- Interest free American
money ($4,000,000,000.00) backed by Silver
NOTE: Lincoln issued
$450,000,000 in (1862) backed by Silver & Gold [interest free money]
E.O. 11110 is an
amendment to E.O. 10289, as relating to the performance/duties of certain
functions of the U.S. Treasury Dept.
With all the
changes Kennedy was implementing, you decide who it would have negatively
impacted the most