This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

NATIONALIZE THE FEDERAL RESERVE SYSTEM, CHARGE-OFF THE SYSTEM OPEN MARKET ACCOUNT, AND REISSUE UNITED STATES NOTES

Created by J.M. on September 26, 2011

Whereas the United States Treasury already has legislative authority to issue United States currency good for the payment of taxes and debts, id est: United States Notes, Base Metal Token Coins, and Precious Metal Lawful Coins.

Whereas the United States Treasury can sell and repurchase the debt obligations of the United States;

Let it be firmly resolved that the United States Treasury can and should charge off the entire Federal Reserve System Open Market Account in one day, ($2,641,084,113,500.00 as of 9/11), substantially reducing both the principal and the interest burden of the national debt, reissue United States Notes to replace Federal Reserve Notes, and otherwise nationalize the Federal Reserve System under the executive authority of the United States Treasury.

Economy & Jobs
Return to top