Friday, September 16, 2011

MONEY MASTERS -- HOW BANKS CREATE 90% OF THE WORLD'S MONEY

THE MONEY MASTERS – How Banks Create 90% of the World’s Money
This is a quick read that introduces you to the problem and the potential solution.

THE TWO-STEP PLAN TO NATIONAL ECONOMIC REFORM AND RECOVERY
This is a much longer read.  Please take the time to read the Monetary Reform Act at this link:

This starts with the following:

1.  Directs the Treasury Department to issue U.S. Notes to pay off the National Debt.
2.  Increases the reserve ratio private banks are required to maintain from 10% to 100%, thereby terminating their ability to create money, while simultaneously absorbing the funds created to retire national debt.

These two steps, WHICH CONTRESS HAS THE POWER TO ENACT, WOULD ESTINGUISH THE NATIONAL DEBT, WITHOUT INFLATION OR DEFLATION.

MONETARY REFORM ACT
There are 1-3 paragraphs for each subheading that explain the Monetary Reform Act.
To restore confidence in and governmental control over money and credit, to stabilize the money supply and price level, to establish full reserve banking, to prohibit fractional reserve banking, to retire the national debt, to repeal conflicting Acts, to withdraw from international banks, to restore political accountability for monetary policy, and to remove the causes of economic depressions, without additional taxation, inflation or deflation, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, that:
Section 1. SHORT TITLE. This Act may be cited as the Monetary Reform Act.
Sec. 2. IMPLEMENTATION.
Sec. 3. DEFINITIONS.
Sec. 4. ONE HUNDRED PERCENT (100%) RESERVE REQUIREMENT.
Sec. 5. RETIRING THE NATIONAL DEBT.
Sec. 6. STABLE MONEY SUPPLY.
Sec. 7. FUTURE MONETARY GROWTH.
Sec. 8. WAR EXCEPTION.
Sec. 9. FULL RESERVE BANKS.
Sec. 10. TREASURY DEPOSITS.
Sec. 11. INTEREST.
Sec. 12. LENDING INSTITUTIONS.
Sec. 13. REPEAL OF CONFLICTING ACTS
Sec. 14. PENALTIES.
Sec. 15. WITHDRAWAL FROM INTERNATIONAL BANKS.
Sec. 16. FOREIGN EXCHANGE.
Sec. 17. APPROPRIATIONS.
Sec. 18. SEVERABILITY.


Northwoods Patriots - Standing up for Faith, Family, Country - northwoodspatriotscomm@gmail.com

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