“We at Ethical Markets support this Bill to reform the Fed and the Way Our Money is Created” Hazel Henderson, Editor
Dear Friends of the American Monetary Institute,
IMPORTANT MONETARY NEWS ALERT: MAJOR, HISTORIC PROGRESS BEING MADE
On Friday December 17th Congressman Dennis Kucinich (D,Ohio, 10th District) took a crucial and heroic step to resolve our growing financial crisis and achieve a just and sustainable money system for our nation by introducing the National Emergency Employment Defense Act of 2010, abbreviated NEED. The bill number is HR6550.
While the bill focuses on our unemployment crisis, the remedy proposed contains all the essential monetary measures being proposed by the American Monetary Institute in the American Monetary Act. These are what decades of research and centuries of experience have shown to be necessary to end the economic crisis in a just and sustainable way, and place the U.S. money system under our constitutional checks and balances. Yes it can be done!
We expect this bill will also be re-introduced next year in the 112th Congress. By putting it in now Congressman Kucinich accomplishes these important things:
* First, the seriousness of intent is underscored;
* Second, it gives our nation the opportunity to view, discuss and understand the necessary provisions, giving the chance to make improvements for re-introduction;
* Third it serves as a beacon to our beleaguered people, cutting through the error, vested interest and disinformation that has blocked monetary reform understanding and action in the past.
The American Monetary Institute has activated its blog at http://moneyreform.wordpress.com/ to discuss and review any questions about this act. Just click on the blog link at our homepage.
To participate in this process, please sign up at the bottom of our home page at http://www.monetary.org. Then, after reading the proposed legislation feel free to make comments or put questions on the blog, including thoughtful suggestions on how it might be improved.
You can read a copy of the legislation here.
Warm regards to all,
Stephen Zarlenga
AMI
P.S. I’ll be sending one more message to you before year end, essentially asking you to contribute what you can toward sustaining the work of the Institute, if you like what we are doing. Of course you don’t have to wait till then, you can contribute now by clicking any of the contribute buttons at our home page.