One of the debt free US dollar notes that John F Kennedy started to issue just before he was assassinated.
The Kennedy $2 and $5 debt free US Treasury Notes had red ink.
As soon as Kennedy was assassinated the sovereign money debt free notes were pulled out of circulation and his Executive Order 11,110, June 4, 1963, ordering the Treasury to print debt free money was discontinued.
Many people think Kennedy was, in fact, assassinated because he dared to try to take the power of issuing money from Wall Street and the private Federal Reserve, and return it to the people.
The privatization of America’ money supply is so costly that the federal income tax was established in 1913, the same year as the Fed was privatized, to pay for gigantic and ever growing interest payments. World Wars and epidemics have also been orchestrated to coincide with bust cycles.
Kennedy’s efforts were detailed in Jim Marrs’ 1990 book, Crossfire:
Another overlooked aspect of Kennedy’s attempt to reform American society involves money. Kennedy apparently reasoned that by returning to the constitution, which states that only Congress shall coin and regulate money, the soaring national debt could be reduced by not paying interest to the bankers of the Federal Reserve System, who print paper money then loan it to the government at interest. He moved in this area on June 4, 1963, by signing Executive Order 11,110 which called for the issuance of $4,292,893,815 in United States Notes through the U.S. Treasury rather than the traditional Federal Reserve System. That same day, Kennedy signed a bill changing the backing of one and two dollar bills from silver to gold, adding strength to the weakened U.S. currency.
Kennedy’s comptroller of the currency, James J. Saxon, had been at odds with the powerful Federal Reserve Board for some time, encouraging broader investment and lending powers for banks that were not part of the Federal Reserve system. Saxon also had decided that non-Reserve banks could underwrite state and local general obligation bonds, again weakening the dominant Federal Reserve banks.
A number of “Kennedy bills” were indeed issued – the author has a five dollar bill in his possession with the heading “United States Note” – but were quickly withdrawn after Kennedy’s death. According to information from the Library of the Comptroller of the Currency, Executive Order 11,110 remains in effect today, although successive administrations beginning with that of President Lyndon Johnson apparently have simply ignored it and instead returned to the practice of paying interest on Federal Reserve notes. Today we continue to use Federal Reserve Notes, and the deficit is at an all-time high.
The point being made is that the IRS taxes you pay aren’t used for government services. It won’t hurt you, or the nation, to legally reduce or eliminate your tax liability.