Pledge to Support NEED Act

The privilege of the banking institutions to create money through lending practices has done more than anything to create a class of undeserved privilege and distort the value of our people’s labor and dreams. Only by making this not a privilege but a responsibility of the people’s congress will American’s start to gain the measure of liberty and opportunity requisite to move from oppression and toward sustainability and the next level of enlightenment. We must take down the “for sale” sign from Congress and hold Congress to their job. 
‎"In every wise struggle for human betterment one of the main objects, and often the only object, has been to achieve in large measure equality of opportunity. In the struggle for this great end, nations rise from barbarism to civilization, and through it people press forward from one stage of enlightenment to the next. One of the chief factors in progress is the destruction of special privilege. The essence of any struggle for healthy liberty has always been, and must always be, to take from some one man or class of men the right to enjoy power, or wealth, or position, or immunity, which has not been earned by service to his or their fellows. That is what you fought for in the Civil War, and that is what we strive for now."~ Theodore RooseveltThe NEED act reiterates to Congress their duty assigned in Article I, section 8, clause 5 of the Constitution.
I pledge to support the NEED Act (hr 2990) with my vote and my voice. The purposes of this Act are as follows:(1) To create a Monetary Authority which shall pursue a monetary policy based on the governing principle that the supply of money in circulation should not become inflationary nor deflationary in and of itself, but will be sufficient to allow goods and services to move freely in trade in a balanced manner. The Monetary Authority shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.(2) To create a full employment economy as a matter of national economic defense; to provide for public investment in capital infrastructure; to provide for reducing the cost of public investment; to retire public debt; to stabilize the Social Security retirement system; to restore the authority of Congress to create and regulate money, to modernize and provide stability for the monetary system of the United States, and for other public purposes.(3) To abolish the creation of money, or purchasing power, by private persons through lending against deposits, by means of fractional reserve banking, or by any other means.(4) To enable the Federal Government to invest or lend new money into circulation as authorized by Congress and to provide means for public investment in capital infrastructure.(5) To incorporate the Federal Reserve System into the Executive Branch under the United States Treasury, and to make other provisions for reorganization of the Federal Reserve System.(6) To provide for an orderly transition.(7) To make other provisions necessary to accomplish the purposes of this Act.
Ký thỉnh nguyện thư
Ký thỉnh nguyện thư
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