[CitizensTruth] The 2-step solution no one talks about - please forward

Geri Perry geri at thetwofacesofmoney.com
Fri Oct 3 14:14:23 EDT 2008


Instead of the bailout bill we need to promote the following 2 step plan
(from the makers of the Money Masters documentary) as an immediate and
critical step toward national economic recovery and reform:

#1. demand that Congress direct the Treasury department to issue U.S.
notes (exactly like the original 120 million Lincoln Greenbacks, before
the Exception clause tied the Greenback to the banking elite) to pay off
the national debt

#2. Increase the reserve ratio private banks are required to maintain
from 10% to 100%, thereby terminating their ability to create money (as
debt), while simultaneously absorbing the funds created to retire the
national debt.

These two relatively simple steps, which Congress has the power to
enact, would extinguish the national debt, without inflation or
deflation, and end the unjust practice of private banks creating money
as loans (i.e., fractional reserve banking). Paying off the national
debt would wipe out the $400+ billion annual interest payments and
thereby balance the budget. This Act would stabilize the economy and end
the boom-bust economic cycles cause by fractional reserve banking.

Several proposals, including the Monetary Reform Act proposed by the
above email from the makers of The Money Masters can be found at this
page:**
******http://www.thetwofacesofmoney.com/index.php/Site/MonetaryReformProposals

Note that Dennis Kucinich is affiliated with the American Monetary
Institute, which also promotes the creation of Constitutional debt
"free" money: http://www.monetary.org/ Ron Paul on the other hand
erroneously promotes a gold backed dollar. For more on why this is not a
good deal for the people, see this page:
http://www.thetwofacesofmoney.com/index.php/Site/QuotesOnGold and this,
including the link:
http://www.thetwofacesofmoney.com/index.php/Site/WhatIsMoney




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