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Old 05-15-2009, 08:36 PM   #1
Seashore
Avalon Senior Member
 
Join Date: Nov 2008
Posts: 3,564
Default "Urgency of the American Monetary Act"

"This single measure has the potential of bringing together the tens of millions of people who have realized it’s our bank-run debt-based monetary system that lies at the center of the financial rot that is destroying our republic and its values...

"The main thrust of the act is to replace the bank-centered debt-based monetary system with the direct creation of money by the federal government which would spend it into circulation as was done with the Greenbacks of the latter part of the 19th century..."

These are quotes from an article about potential legislation that has been drafted by an organization called American Monetary Institute (AMI):

"Urgency of the American Monetary Act" by Richard C. Cook

Last edited by Seashore; 06-02-2009 at 12:07 PM. Reason: Correct punctuation
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