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I am a supporter of the stewardship economy (replace all taxation with site and resource usage fees, saving the earth, ending government fiscal problems), and of Dennis Kucinich's H.R. 6550 "NEED Act" (U.S. Treasury by act of Congress sole creater of new U.S. dollars, which are spent directly into circulation; banks to handle real money, not create debt-money). I have a degree in mathematics, teach and tutor mathematics. I have studied and taught economics, including money & banking, for many years. My hobbies include running, soccer, and music.
OpEd News Member for 694 week(s) and 3 day(s)
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Tuesday, August 16, 2011Save Medicare and Medicaid by Issuing Debt-Free United States Money This article is intentionally brief. Medicare and Medicaid are in danger of further cuts (whitewashed as "entitlement reform"). Congress could instead issue debt-free United States Money (analogous to the paper United States Notes issued 1862-1971) in some reasonable amount. This would be a way to save these vital programs, while reducing the federal deficit.
