The Two Step Plan

Read again

Lesa aftur

I am not saying this is the best solution.

Ég er ekki að segja að þetta sé besta lausnin.

http://jonasg-egi.blog.is/blog/jonasg-egi/entry/1250017/

(" 

The Two Step Plan to

National Economic Reform and Recovery

1. Directs the Treasury Department to issue U.S. Notes (like Lincoln’s Greenbacks; can also be in electronic deposit format) 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 the national debt.

 

These two relatively simple steps, which Congress has the power to enact, would extinguish the national debt, without inflation or deflation, and end the unjust practice of private banks creating money as loans (i.e., fractional reserve banking).

 

Paying off the national debt would wipe out the $400+ billion annual interest payments and thereby balance the budget. This Act would stabilize the economy and end the boom-bust economic cycles caused by fractional reserve banking.

 

For the full text of the Act click here to read the 

 

  MONETARY REFORM ACT.

Fed!

 “Banking was conceived in iniquity and was born in sin.

 

The bankers own the earth.

 

Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again.

 

However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in.

 

But, if you wish to remain the slaves of bankers and pay

 

the cost of your own slavery, let them continue to create

 

money.”

 

 – Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.”

 

)”