The American Monetary Act: Solving the Financial Crisis by Monetary Reform

Congressman Dennis Kucinich has posted the following on his web site:
“The U.S. monetary reform is urgently needed: It is long past time we look at the implications of . . . the privatization of money created by the 1913 Federal Reserve Act, the bank fractional reserve system and our debt-based economic system. Unless we have dramatic reform of monetary policy, the entire economic system will continue to accelerate wealth upwards. I am currently working on drafting legislation for an ‘American Monetary Act’ to address these and other issues in order to protect the economic well being of America.”
<http://kucinich.us/index.php?option=com_content&task=view&id=2786&Itemid=76>

Observers believe that this single measure has the potential of bringing together tens of millions of people who have realized that our bank-run debt-based monetary system lies at the center of the financial crisis. The question is of course – how are these tens of millions going to find out that there is such legislation being developed?

Kucinich is working closely with Stephen Zarlenga, director of the American Monetary Institute <http://www.monetary.org/> and author of: The Lost Science of Money. I interviewed Zarlenga in May 2009 after his return from Washington, DC, where he had briefed members of Congress. A report on the briefing was done by Richard Cook. <http://www.richardccook.com/>

http://www.tucradio.org/090617_Zarlenga_ONE.mp3

http://www.tucradio.org/090624_Zarlenga_TWO.mp3

 

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