H.R. 2990 (112th): National Emergency Employment Defense Act of 2011 The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress. Summary 9/21/2011–Introduced. National Emergency Employment Defense Act of 2011 – Replaces Federal Reserve notes with United States Money. Instructs the Secretary of the Treasury to … Continue reading “Summary of the NEED Act”
Tag: Monetary Reform
Formulations of the Three-Point Policy Proposal for Monetary Reform
Introduction. Modern monetary reform aims at three inter-connected changes of the monetary system, which unity is essential and therefore for many non-negotiable. This is a compilation of different formulations of essentially the same three points. Most formulations are intentionally triple-pointed and some are differently constructed even while more or less covering the same proposals. This list is … Continue reading “Formulations of the Three-Point Policy Proposal for Monetary Reform”
A Viable Solution to the Economic Crisis
By Robert Poteat, Director, American Monetary Institute The Problem: The 1913 Federal Reserve Act Arguably the greatest attack on humanity in all of history was made December 23, 1913, the enactment of the Federal Reserve Act by the Congress and President of the United States. It was the culmination of centuries of political, financial, intellectual, … Continue reading “A Viable Solution to the Economic Crisis”
The New Abolitionism
The New Abolitionism – Monetary Reform and the Future of Social Justice By Rev Delman Coates. Introduction by Editor. Rev. Delman Coates, Ph.D., is the Senior Pastor of the Mt. Ennon Baptist Church (Clinton, MD) and President of the Black Church Center for Justice & Equality. He is a monetary reform activist and embraces the … Continue reading “The New Abolitionism”
Stephen Zarlenga – Wiki Entry
Stephen Zarlenga (1941-2017) was a researcher and author in the field of monetary history, theory and reform. Italian philosopher Giorgio Baruchello called him a “maverick intellectual”.[1] In 1976 Zarlenga served on the board of the American Institute for Economic Research (AIER) of Great Barrington, Massachusetts.[2] In 1996 he co-founded the non-profit charitable trust The American … Continue reading “Stephen Zarlenga – Wiki Entry”
In Memory of Stephen Zarlenga
Dear friends of the monetary reform cause, Last April 25 Stephen Zarlenga, the founder and director of the American Monetary Institute, passed away at his residence in Palatine, Illinois. He was cremated in a private ceremony at Elegy Cremation and Memorial Services, Arlington Heights, Illinois. His friends are organizing a memorial event, details of which … Continue reading “In Memory of Stephen Zarlenga”
News from Switzerland
Our sister organization in Switzerland, MoMo (Monetary Modernization) and its action arm Vollgeld Initiative (Sovereign Money Initiative), has just passed the 100,000 mark in collecting signatures to trigger a referendum on the Swiss money system. They started their drive in the spring of 2014 and had 18 months time to get the required amount of … Continue reading “News from Switzerland”
Hearing on Monetary Reform in Holland
The October 14, 2015 hearing at the finance commission of the Dutch parliament regarding monetary reform was a milestone for the Dutch and international movement. The 140 minute long hearing can be watched on-line and will soon be provided with English subtitles [1]. This momentous event was triggered by a citizens’ initiative by the Dutch monetary … Continue reading “Hearing on Monetary Reform in Holland”
Surgery Prescribed for the Debt Money Disease: Fighting for the NEED Act
By Nick Egnatz. Introduction. The author is a former small businessman who has spent the last decade as an activist for peace and social justice. About five years ago he discovered that our monetary system is not what the people had been led to believe it is. More specifically: 1. The Federal Reserve System is … Continue reading “Surgery Prescribed for the Debt Money Disease: Fighting for the NEED Act”
The NEED Act Erases Big Steel’s Claimed Need for Worker Concessions
What do infrastructure repair and a looming steel strike have in common? The American Society of Civil Engineers 2013 Infrastructure Report Card says $3.6 trillion needs to be spent by 2020 to bring our infrastructure up to modern standards. Congress has been quite clear that it will neither increase taxes or borrowing to accomplish this. … Continue reading “The NEED Act Erases Big Steel’s Claimed Need for Worker Concessions”