Forum Post: The one demand that would change everything

The single most effective thing our movement could accomplish in the short term, which provides a foundation for obtaining nearly every other goal that's been stated so far, is politically available to us right now. It's this:

                                            House Bill H.R. 2990 

        <http://www.monetary.org/wp-content/uploads/2011/10/HR-2990.pdf>

This law would eliminate the current debt-based system of money in the U.S. in one clean sweep, by returning the sovereign power of money creation exclusively to the federal government, as the constitution provides. It would subsume the Federal Reserve bank under the auspices of the U.S. Treasury, make banks more like public utilities, and give power back to the people of the country to determine the direction of our economy.

The bill was introduced in the House on September 21, 2011 by Congressman Dennis Kucinich. Read it for yourself and try to imagine what life would be like if private bankers no longer controlled the money system. No endless circle of debt -- government debt OR private debt compounded by interest. Think of the potential of that. We would still have a market-based system, of course, but a market-based system free of banking-industry control. True economic opportunity, not an indebted class of citizens subject to a creditor class of citizens, whose money and power control Congress for their private benefit.

Banks would immediately lose their strangle hold over the economy and over politics. We'd have a real chance to take our democracy back.

IF OWS does anything, it should do this: Demand that House Bill 2990 be enacted into law.

Spread the word (and the pdf) if you agree.