Pass the NEED Act in Congress


Pass the NEED Act in Congress
The Issue
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
The Issue
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
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Petition created on October 7, 2011