The NEED Act, or the National Emergency Employment Defense Act of 2011, introduced by Congressman Dennis Kucinich (D, Ohio), would essentially take the power of our monetary system out of the hands of private bankers and give it back to the federal government. Our current system, is one in which the federal government borrows money from the Federal Reserve in order to spend money on things we need. Unfortunately this process forces our government to pay back that money in interest, and continuously devalues our dollar by printing money out of thin air. The NEED Act will finally allow our government to invest in programs directly without going to private bankers first, so we can advance our infrastructure and get Americans working again.
For the full bill, please read here: http://kucinich.house.gov/UploadedFiles/NEED_Act_FINAL_112th.pdf
Pass the NEED Act in Congress
Greetings,
I just signed the following petition addressed to: The United States Congress.
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Pass the NEED Act in Congress
Everyone knows that our current economic situation we are in is not a good one. Consumers and businesses around the country are in fear of what will happen next in the marketplace. The goal of Washington since the recession started seems to be how to figure out what we need to do to create jobs. The only problem is we also have record deficits that have placed a burden on the economy as well.
The solution to this problem is to pass the NEED Act.. The infrastructure in this country is crumbling. Our schools are outdated and unemployment is through the roof. We need to invest in our future but the Federal Reserve Bank is holding our government back from investing in the things necessary to solve our problems. Whenever our government needs money they must go to the private bankers to get money, which is printed from a machine. Not only does this place a large amount of debt on the government, but it also devalues the dollar, raises the prices of goods, and puts a hidden tax on every American taxpayer in the country.
By passing this Act the Congress will take the power away from private bankers to control our money supply and give it back to the federal government, which is what our Constitution intended. By doing this our government can invest in programs directly, without answering to private bankers. This Act is essential to the future of America. The economic recovery starts with our monetary system, and the NEED Act is the answer.
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Sincerely,
[Your name]