A New Book Provides a Wake-up Call to Americans in a declining economy.
Reality Of Money and The Federal Reserve by Stephen Clark and Frank Wallace explores the prime cause for America’s national debt and outlines the steps needed to reverse it.
If knowledge truly is power, then this book carries more than its fair share to inform the American people on the alarming pattern of corruption and unfair usury practiced in the United States each and every day.
Here are a few of the documented potential benefits of government issued, debt-free money spent, not loaned into circulation:
1. Usury (unfair, scripturally immoral, compounded, ballooning or excessive interest) will be abolished and the banking industry will be like any other business in a truly free enterprise system, practicing competitive banking.
2. Public debt will eventually be reduced to zero with governments earning interest on account balances rather than paying interest on debt.
3. Boom and bust cycles will permanently disappear.
4. Bankruptcies, foreclosures, business failures, and unemployment will no longer be the tools used to balance prosperity.
5. Graduating students will not be forced to start their lives saddled with thousands of dollars of debt, which actually can remove the incentive to get an education.
6. Universal health care will be a reality. No one will lose their home going bankrupt over medical bills.
7. The national public infrastructure of roads, bridges, levees, dams, transportation, education and information systems, the space program, the arts and the military can all be adequately funded.
8. Relief can be provided for those affected by the occurrence of natural and other disasters without increasing their debt.
9. All working people will benefit by being able to afford homes and cars and will enjoy a comfortable and dignified retirement.
10. Unlimited opportunities for jobs will be created.
When the American people understand the proper function of government issued, debt-free money that is spent, not loaned with interest into circulation for the common good, and act to politically secure it, this nation, under moral right, will finally have a new birth of freedom and a government of the people, by the people, and for the people.
This is the true American Dream as envisioned by the Founders in the Constitution.
If you want to help, please forward this message along to all of the people in your address book, because we can fix our economy!
Please visit our site, Reality of Money, to learn more. www.RealityofMoney.org

THE WAY OUT
The primary cause of a recession is a shortage of money in the hands of the American people, the way out of recession is to put more money in their hands. Under the present monetary system this can only be done by borrowing more and going even deeper in debt. It is difficult for people to understand that we actually have no money, that, instead of money we circulate bank-created interest-bearing debt as a "substitute money." The American Monetary Act takes three simple steps to correct this problem.
(1) It incorporates the Federal Reserve Banks into the U. S. Treasury where all money is created by the government as real money, not interest-bearing debt, and spent into circulation to promote the general welfare; monitored to be neither inflationary nor deflationary.
(2) It eliminates Fractional Reserve Banking in a manner that makes the federal government the only entity with the power to create, issue and regulate our money, as Article I, Section 8, Clause 5 of the United States Constitution already mandates.
(3) As the "debt-money" created by the privately owned Federal Reserve and commercial banks disappears when debts are paid, it would be replaced with real money spent into circulation to rebuild our badly decayed public infrastructure which includes roads, bridges, dams, water and sewage plants, mass transit, schools, etc. This will create millions of high paying jobs. Public infrastructure also includes universal health care and education for all. A stimulus check of at least $5,000 for every American citizen should be sent out to immediately start getting out of this recession by putting money back in the hands of the American people.
All of these benefits and more will appear as an interest-free, debt-free, inflation-free dividend to the American people. Under our legislation, when new money is created, the benefit of that creation will go to the American people, not to the big banks.
What the so-called "too big to fail" banks don't want you to know is that all of their money was created in the form of debt, and when they can no longer create more "debt-money" it will disappear as the debts are paid or defaulted, which means we will have to replace their debt money by spending real U. S. dollars into circulation. Then we would finally get the benefits we should have received in the first place - and all these benefits come without debt, without taxes, and without inflation. The real money we need to spend into circulation to replace this "debt-money" is literally trillions and trillions of dollars. And it all will appear as a dividend for the American people.
To allow this recession to continue when the way out is well known is inexcusable. The American Monetary Act IS the way out.
Read more about The American Monetary Act at the links below...
http://www.monetary.org/amacolorpamphlet.pdf
http://www.monetary.org

HERE IS WHAT REPLACING TRILLIONS OF DOLLARS OF "DEBT-MONEY" WITH REAL U. S. MONEY OVER THE NEXT FEW YEARS CAN MEAN TO YOU AND YOUR COMMUNITY .
While the final decision on how to spend these trillions of dollars must be made by the Congress and the President, here are some definite probabilities. The dividend check and the program to rebuild the infrastructure are among the first programs suggested by the American Monetary Act.
A program to issue a check for $5,000 to every American citizen is made possible in Title V of the American Monetary Act. When the big banks were in trouble our government bailed them out with more than $4.5 trillion of taxpayer money; this check will bail out the American people with approximately $1.5 trillion to be used to provide these checks, but, instead of borrowing the money and increasing the national debt, as was done in the case of the bank bailout, this money will be spent into circulation as a dividend for the people, without incurring any new debt or making any interest payments. $5,000 in the hands of each and every American citizen will go a long way towards ending the current recession.

There is also a $300 billion a year program to rebuild and improve the public infrastructure - schools, bridges, roads and streets, water and sewage plants, mass transit, etc. This will be $300 billion a year for at least eight consecutive years. This money is spent, not borrowed, into circulation in replacement of the old bank created "debt-money" which, as always, disappears as debts are paid. Direct grants will be given on a per capita basis in each of the 435 Congressional Districts.
Here's what this would mean each year for a city with a population of 27,000, a county with a population of 40,000 and a school district with an enrollment of 4,100.
THE COUNTY: $7.4 million - an 8 year total of $59.2 million.
THE CITY: $13.5 million - an 8 year total of $108.0 million
THE SCHOOL DISTRICT: $8.2 million - an 8 year total of $65.6 million
That adds up to a combined $29.1 million a year - an 8 year total of $232.8 million. THESE WOULD BE DIRECT GRANTS, NOT LOANS. Think how much the public infrastructure and the economy of that city and county will improve with these funds available at no cost. The city would even be able to reduce property taxes while it increased expenditures to rebuild the public infrastructure.
Here's how to see how much your city and county would receive each year. The formula used to distribute the $300 billion a year is: Your City or town would receive its population times $505 per person. Your County would receive its population times $175 per person. Your Schools would receive $2,000 per student enrolled. And your State would receive its population times $90 per person.
This program will put millions of people to work at high paying construction and manufacturing jobs. Just these first two programs alone will end the present recession and begin to return us to prosperity.

An approximately $300 billion a year program to provide full employment for all at a living wage, including complete health care benefits. The government will become the employer of last resort. This program could be similar to the WPA Works Progress Administration) and the CCC (Civilian Conservation Corps) of the 1930s and would make sure a job will be available for everyone who needs one.

Universal Health Care. We could finally actually have universal health care like almost all other industrialized countries. We presently spend 17% of GDP for health care, yet over 50 million people are not covered. Other countries cover all of their people and spend 10% of GDP or less - and they get better health care results than we do, according to the World Health Organization. We're already paying for universal health care, we're just not getting it. Legislation to do this has already been introduced. It is H. R. 676. the "Medicare for All" bill.

A $50 billion a year program to guarantee a college education to all who meet specified criteria, mainly that their grades indicate that they are serious students. A well educated population is critical to the future of our country.

An annual program of monetary grants to the states. Each year the Monetary Authority would instruct the U. S. Treasury to disperse per capita grants evenly over a 12 month period to the 50 states equal to 15% of the money created under Title V of the American Monetary Act in the preceding year. The states will use these funds in broadly designated areas of public infrastructure, health care and paying for unfunded Federal mandates.

Last, but certainly not least, we will pay off the privately held portion of our National Debt as it comes due. This is simply a matter of replacing interest-bearing government securities with non-interest bearing U. S. money. The portion of the current National Debt held by the government will simply be cancelled. When we create, issue and regulate our own money we cannot owe money to ourselves. Thus the entire National Debt will be paid off, saving the interest charges now paid to the holders of the national debt.

These are the kind of benefits we will receive when, instead of letting the privately owned banking system loan our "debt-money" into circulation as interest bearing debt, we, instead, create, issue and regulate our own money. In the process we will finally receive the benefits we would have received in the first place if we had always issued our own money.

The American Monetary Act, is the way out of this recession and back to prosperity. The time to pass it is now.

Dick Distelhorst
Burlington, Iowa

www.MoneyAsDebt.net. Two (2) popular, stellar, and stunning YouTube animated documentaries are available that detail the arithmetic of the money system: "Money as Debt" (a 5 part series), and its follow-up animated documentary "Money as Debt II: Promises Unleashed" (an 8 part YouTube series) made after the crash. WAIT 16 seconds for the YouTube video to begin actually displaying animation: Debt as Money: http://www.youtube.com/watch?v=vVkFb26u9g8 . Money as Debt II: http://www.youtube.com/watch?v=_doYllBk5No&feature=related ...or simply search for both: "Debt as Money". Pretty shocking insights into exponential money creation powers banks have and what it means in a fractal reserve banking system. Knowledge is power.

1) Reclaim the gold from the private Federal Reserve Bank
2) Repeal the Federal Reserve Act of 1913
3) Abondon Keynesian School of Economics
4) Adopt Austrian School of Economics [Ludwig von Mises Institute]
5) Force the US Treas. to coin our money according to Art. 1 Sec. 8 of Constitution
6) Repeal amendments 16, 17, & 27
7) New amendment includes: a) Federal Debt Jubilee of any Debt the Federal or state governments have to the private Federal Reserve bank b) A debt jubilee for individuals and business and to have a debt jubilee every 7 years for individuals, and business c) installs the FairTax, a national sales tax, progressive "up to the basic necessities of life" in regards to C.O.L.A. [Americans for Fair taxation] d) Index value of gold proper the Troy-oz value set in 1913 e) abolish $ as currency values, make values set as Troy-oz values f) Spending of fiscal year can only be spent from revenue from previous fiscal year making for a balanced budget of 0 debt, once brought down to 0 government must close down g) Makes states pay the wages of Senators and House members of respective states. However makes it so that no Senator or House member is paid 125% of lowest paid House member or Senator of all the states.

There will be no paid positions. The "300" will live and die by swearing to uphold the values as set forth by our founding fathers in the Constitution of the United States. Our countrymen will be asked to contribute what they can to the 501c3. The moneys realized will be used to pay off only the principal of a selected debt held by the U.S. This would continue one debt at a time until fiscal responsibility is returned concerning that particular debt. This can be considered as not doing "business as usual"! It can be done by all people to salvage the future for our children. God bless those that have been forgotten through the greed of their fellow man!