By Cedric X, Executive Order 1110 gave the US the ability to create its own money backed by silver. … http://www.john-f-kennedy.net/executiveorder11110.htm On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy … Continue reading President Kennedy, The Fed And Executive Order 11110