This is a pre-written act for congress to examine and vote on. It outlines a two step economic plan for National economic reform and Recovery.
1) Direct the Treasury Department to issue U.S. Notes (exactly like Lincoln’s Greenbacks) to pay off the National debt. Not Federal Reserve notes.
2) Increase the reserve ratio private banks are required to maintain to 100%, thereby terminating their ability to create money, while simultaneously absorbing the funds created to retire the national debt.
The Monetary Reform Act when passed will cause the US Federal government to issue dollar bills rather than dollar bonds. This will make our currency debt free and income tax obsolete. The complete act is here:
http://www.themoneymasters.com/wp-content/uploads/2009/11/Monetary_refor...