Support H.R. 2990 - The National Emergency Employment Defense Act of 2011
  • Petitioned The Financial Institutions and Consumer Credit Subcommittee

This petition was delivered to:

The Financial Institutions and Consumer Credit Subcommittee
President of the United States
U.S. Senate
U.S. House of Representatives
New York-06
Rep. Grace Meng
Illinois-16
Rep. Adam Kinzinger
Massachusetts-09
Rep. Bill Keating
North Carolina-03
Rep. Walter Jones
North Carolina-12
Rep. Mel Watt
North Carolina-13
Rep. George Holding
New York-04
Rep. Carolyn McCarthy
New York-05
Rep. Gregory Meeks
Illinois-04
Rep. Luis Gutierrez
New York-12
Rep. Carolyn Maloney
New York-14
Rep. Joseph Crowley
Texas-15
Rep. Ruben Hinojosa
Texas-05
Rep. Jeb Hensarling
West Virginia-02
Rep. Shelley Capito
Ohio-10
Rep. Michael Turner
Ohio-16
Rep. Jim Renacci
Delaware-01
Rep. John Carney
Georgia-13
Rep. David Scott
California-43
Rep. Maxine Waters
California-40
Rep. Lucille Roybal-Allard

Support H.R. 2990 - The National Emergency Employment Defense Act of 2011

    1. Kevin Haake
    2. Petition by

      Kevin Haake

      Lincoln, NE

The US monetary system, which has been in place since the Federal Reserve Act of 1913, is desperately outdated. The adoption of that act abdicated the authority of the Federal Government to create money and gave it to the private Federal Reserve system. It is time that the US modernize its monetary policies and reclaim its constitutionally granted authority to originate, spend, and lend money into circulation as needed. H.R. 2990 does just that. It replaces the current Federal Reserve system in an orderly manner, ending the Fed as we know it.

The current system, as practiced under the Federal Reserve, is a debt-based monetary system, where money comes into existence primarily through private bank lending. This can neither create nor sustain a stable economic environment, and has proven to be a source of chronic financial instability and frequent crisis, as evidenced by the near collapse the financial system in 2008. It has also resulted in a situation where unaccountable private financial institutions have an undue influence over public policy.

H.R. 2990 creates a Monetary Authority which will pursue a monetary policy based upon the governing principal that the supply of money in circulation shall not be inflationary or deflationary in and of itself, but will be sufficient to allow goods and services to trade freely and in a balanced manner. It will maintain the long-term growth of the system, provide for efficient public investment in capital infrastructure, and effectively promote the goals of maximum employment, price stability, and long-term interest stability.

By signing this petition, we ask our elected representatives to do what they can to support H.R. 2990, the NEED Act of 2011. It is time to put America back to work. It is time to modernize our outdated monetary system so it works for all of us. It is time to pass H.R. 2990!

Recent signatures

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    1. Please help spread the petition via email, facebook, & twitter!

      Kevin Haake
      Petition Organizer

      Thank you for the signatures!

      Please keep in mind that you can help spread awareness of this issue (and the petition) via the twitter, email, and facebook tools located on the lower left of this page. Also, your action will be most effective if you followup your signature with a call to your congresspersion, letting them know that you support HR2990 - The NEED Act, and asking them to co-sponsor it.

      Thanks!

    2. Reached 250 signatures
    3. Facebook page was created

      Kevin Haake
      Petition Organizer

      I created a Facebook page just to give this petition a presence on Facebook. Please spread! facebook.com/SupportHR2990

      We'll need some help in spreading this one - any ideas for a catchy slogan? Send them to me or post them on the Facebook page!

    Supporters

    Reasons for signing

    • Garth Wells NOVATO, CA
      • over 2 years ago

      Monetary reform is the most pressing issue facing us right now. I too am doing what I can to spread the word with my campaign at HR2990.org. Let's make this the number one issue for the 2012 election.

      REPORT THIS COMMENT:
    • John Luhman MADISON, WI
      • over 2 years ago

      This is the best jobs bill I have yet seen. Anything less than this bill shows a severe lack of concern for American Workers.

      REPORT THIS COMMENT:
    • karen Henry WHEATLAND, MO
      • over 2 years ago

      I am signing because Americans of intelligence and courage must join forces to stop the criminal money cartel in this country, which includes those who control the Federal Reserve

      REPORT THIS COMMENT:
    • Sonny Walls COOLIDGE, AZ
      • over 2 years ago

      I'm getting extremely tired of FED policies that eating away the purchasing power of the US Dollar....and their constant manipulation of the stock market which rips off small investors....

      REPORT THIS COMMENT:
    • Joseph Pijanowski WILLOWBROOK, IL
      • over 2 years ago

      HR2990 would incorporate the FED into the Treasury, reclaim the authority of the US Treasury to create OUR money supply in a debt free manner, provide $2.2 Trillion for infrastructure repair over 5 years (creating over 7 million long term JOBS) AND pay off the National Debt as it comes due.

      REPORT THIS COMMENT:

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