1. President Obama: by Executive Order eliminate the ability of the Federal Government to borrow any additional money as the first step in a sweeping monetary reform.
2. President Obama: by Executive Order replace Federal Reserve Notes with U.S. Notes as the only currency of the United States. The implementation of this will be governed by a Monetary Authority.
3. President Obama: by Executive Order in order to implement Monetary Reform, a Monetary Authority will be created which will be composed of, at a minimum, 100 elected representatives -- 2 from each state in the Union -- whose sole purpose will be to decide on what quantity of U.S. money that will be issued on a quarterly basis, and how best to implement the changes to Monetary Reform.