Tag Archives: HR 2990

Occupy the Treasury and support HR 2990

By Nikki Alexander

Here is a plea, hot off the press, to take the private owners and dispensers of credit out of our bizarre monetary system, and restore the constitutional function of money creation to the Federal Treasury.

Dennis Kucinich introduced a bill that would do this, only four days after the Wall Street Occupation began ~ HR 2990 The National Emergency Employment Defense Act of 2011. It’s stunning and you will love it.

It ends ‘fractional reserve’ lending (the credit casino), nationalizes the Federal Reserve, restores the federal government’s authority to originate money (without debt), pays off federal debt with the new US money as it comes due, until the debt is completely retired.

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