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The American Monetary Act

The American Monetary Institute has undertaken to study the structural problems with the US economy, and to offer solutions.

Take a look at their proposal. The US Treasury would issue the currency, instead of borrowing it from the Federal Reserve. Our economy would no longer be based entirely on debt.

 
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Dennis Kucinich is going to speak to the American Monetary Institute next month. For years, Ron Paul and other intellectual Republicans have said the Federal Reserve’s power to issue money is outrageous and unconstitutional.

It seems to me that the Green Party, the Ron Paul Republicans and Libertarians, and the Kucinich Democrats need to get together for the good of the country. These folks have more in common with each other than they do with the knaves and clowns who run the two “serious” parties.

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  1. Bank Bailout: Good Money After Bad | Juris Vodcast on Saturday, January 17, 2009 at 10:49 pm

    [...] Reserve should be modified according to the terms of the American Monetary Act. This is legislation I discussed on this website late last [...]