MONETARY POLICY to FINANCE FUTURE

Under the proposed U.S. Constitution for 21st Century and Beyond, a new, fair, valid monetary policy will be established:

  • To advance human, economic, and national progress
  • To ensure freedom and progress for--not impose economic servitude and slavery upon--citizens
  • To recapture $1 trillion annually in buying power for citizens, business, and government--now unconstitutionally extorted from citizens by banks and other financial institutions for use of citizen-owned money supply
  • To emancipate 25-50 million American individuals and families from economic servitude and slavery.  Under the monetary policy based on the Federal Reserve System, home buyers--with a 30-year mortgage for a house costing $100,000--are required to pay $300,000.  As a result, they WORK 10 YEARS to pay for the house and property and 20 YEARS to pay off financial institutions.  In essence, this means:  20 years of economic servitude and slavery to the financial institutions:  a clear violation of Amendment XIII of the Constitution mandating that "…neither slavery nor involuntary servitude…shall exist within the United States….".

The new U.S. Constitution for 21st Century and Beyond will prohibit economic servitude and human slavery.  As well, it will accomplish additional objectives:

  • To protect businesses, individuals, and government from extortion by banks and financial institutions for interest on debts by allowing them to pay off only the principal of a loan--not be victims of Mafia-style extortion by high interest, loan-shark payments amounting to 2 to 3 times the debt (an unconstitutional policy approved by Presidents and Congresses).
  • To halt redistribution of wealth from non-rich "have nots" (borrowers) to wealthy "haves" (lenders)--accruing at the rate of $10 trillion a decade
  • To rectify a monetary policy that deliberately redistributes wealth, causing over-concentrations in which less than 10% of populace has accrued  more than 90% of national wealth
  • To accelerate economic progress by allowing re-investment of recaptured income of $1 trillion a year (a) in production of products and services to accelerate progress for a more dynamic economy; and (b) for improvement of quality of life for citizens.
  • To enable the government to provide necessary services, protections, and advancements for citizens and the nation
  • To fulfill other economic needs of citizens and nation

Background…
For more than 80 years, the nation has been severely handicapped by an extortive, unconstitutional, criminalistic, anti-citizen, anti-economic monetary policy.

Under the original Constitution, Article I, Section 8, provides that ONLY THE CONGRESS has power to produce money and "…regulate the value thereof…."

Accordingly, Congress established the Federal Bureau of Printing and Engraving to produce the money supply.

Under the Federal Reserve Act of 1913, however, the Congress then turns the money supply over to the Federal Reserve System to "…regulate the valuethereof.…", a clear violation of the Constitution.

By imposing high interest rates on the value of money, the Federal Reserve, banks, and other financial institutions literally extort $1 trillion dollars a year from citizens for use of their own money supply.

The damaging, criminalistic impacts of such an unconstitutional, anti-economic, anti-citizen monetary policy include:

  • Retarded economic growth and progress
  • Fostering of recessions and depressions
  • Slower production of goods and services
  • Reduction of buying power of citizens resulting from high cost of money
  • Lower standards of living for citizens
  • Reduced jobs and employment opportunities
  • Redistribution of wealth from the have nots (borrowers) to the haves (lenders) at rate of $10 trillion a decade, and $100 trillion a century.
  • Creation of a wealth-dominated society in which less than 10% of citizens owning more than 90% of nation's wealth.
  • Acceleration of inflation at the rate of 3-5% a year  by devaluation of the dollar.  By the year 2050, the dollar will be worthless.
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PRESIDENTS and CONGRESS approve and perpetuate an UNCONSTITUTIONAL MONETARY POLICY that allows BANKS and other financial institutions to EXTORT $1 TRILLION A YEAR from CITIZENS for use of their own money supply.

The Monetary Policy violates Amendment XIII of the Constitution provides that  "...neither slavery nor involuntary servitude....shall exist within the United States...."

Under the anti-economic, anti-American Monetary Policy approved by Presidents and Members of Congress, the DOLLAR is DEVALUED at the rate of 3% to 5% a year.
By the year 2050, the DOLLAR will be WORTHLESS!