In fact a very strong case can be made that legitimate private banks will be able to flourish under The NEED Act. They just won't be creating our money supply as debt. With 10 million new good paying jobs created in infrastructure repairs and with a total of $3 trillion in Citizen Dividends, the American people can begin to repair their financial health. We will have money to invest in banks. The banks will then be able to loan this actual money out at a modest interest rate, benefitting all in society.
Local currencies and other inventions like the Bitcoin, while well intentioned, are merely diversions away from the systemic change that is desperately needed and accomplished by The NEED Act. Focusing on The NEED Act will get us what we need, focusing on diversions will keep the Money Power right where it is now with the wealthy and their "too big to fail" private banking corporations.
You Are Needed
Changing such an unfair monetary system that has its tentacles in every department of government is no small task. But it is the task we are given if we are ever to restore some level of democracy and equality to our nation.
The website for the American Monetary Institute the leading advocate of The NEED Act is http: http://www.monetary.org
We the people need to educate, advocate and organize.
- Learn more about the Federal Reserve, the NEED Act and real monetary reform. Go to http://www.monetary.org
- Share information about the American Monetary Institute (AMI) and the NEED Act via discussions, meetings, email and social media
- Write or, better, meet with your Congressperson or Senator. Inform them about the NEED Act. Ask them to work with AMI to introduce a new version. For those of us that feel strongly enough about the need for real monetary reform, tell your Congressperson and Senators that their active support of The NEED Act is necessary to receive your vote.
- Finally, don't lose hope. The current monetary system is unsustainable. Fundamental change is inevitable. Those who have defended and bolstered our unjust and undemocratic monetary system for the last century benefiting banking corporations over people will deservedly lose credibility. That's when we must be ready with knowledge, conviction, organization and a plan to provide real monetary reform. Because if our plan The NEED Act is not presented to the American people, those that own the "too big to fail" banking corporations and our government will certainly be ready with a 'solution' that is even worse than our present reality.
Nick Egnatz is a Vietnam veteran. He has been actively protesting our government's crimes of empire in both person and print for some years now and was named "Citizen of the Year" for Northwest Indiana in 2006 for his peace activism by the National Association of Social Workers.
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