The debt-based money system and the Great Illusion of Scarcity. Illuminating a path to freedom and prosperity through monetary reform - The first of several articles on this topic.
This is a good introduction to real monetary reform. I hope Trump, Musk, et. al., read this carefully.
In fact, while at the US Treasury, I worked with Steve Zarlenga to create the American Monetary Act that Kucinich built on to draft his NEED Act.
Nothing could be more important.
I look forward to future installments.
See the history of the monetary system and its takeover by the globalist financial elite in my book "Our Country, Then and Now." The Appendix to the book explains Kucinich's NEED Act.
Rick, your wisdom, experience and knowledge are central to this movement. Thank you for all you are and all you do. I met you at the Treasury the same day I met Dennis in Congress! Our fates are aligned through the incredible life, vision and legacy of Stephen Zarlenga. Thank you! -- Elizabeth
I don't know if you or your readers have seen the article on monetary reform I wrote at the request of the Kennedy Beacon for RFK, Jr.'s campaign. Here it is, reproduced from my Three Sages Substack:
This article makes it clear why Elon Musk's idea for a citizens dividend or rebate resulting from the savings on federal spending is so important.
I also have fond memories of the day I spent with you and Dennis and other friends on Capitol Hill reviewing US monetary history. I remember Dennis saying it was the best policy briefing he'd ever had.
The work we did that day resulted in my book "We Hold These Truths: The Hope of Monetary Reform," available on Kindle.
Beautiful introduction, Elizabeth. Looking forward to more. Will you be addressing the question of compound interest? That seems to me a double whammy on the debt-based money system and fraudulent.
The piece was already over 2,000 words. I'm thinking in 3 articles I could make a more compelling case. Bear with me and thank you for all you did in Congress to make the NEED Act happen!! -- Elizabeth
Thank you Elizabeth, so happy to see this! Great job of illuminating the essentials of this issue. Richard Cook and I each have substacks hounding this issue too and I am so glad to hear your voice joining the chorus. I'm hoping so many catch on it drowns out the fear, hopelessness and anger that seems to flood so many minds. DT&M are still pushing this 'leverage point' in the wrong direction; privatization, you illuminate the right direction; sovereignty. https://howardswitzer.substack.com/p/privatization-vs-sovereignty
Elizabeth, thank you so much for your article. I've been waiting in the hope that you or Dennis would write this story as it is so badly needed in the US before Trump and Musk unwittingly push the nation into the trap that awaits their swamp clearing exercise. For me here in Australia I have been Australianising your NEED Act H.R. 2990 in the hope that we also will be rid of the illusion that the only source of money is private bank credit and the stupid 'fractional reserve banking'. Your article will for sure resurrect the first effort and demonstrate the need for persistence.
Good work, Elizabeth. You are awesome. You and Dennis both belong in Government. There are a lot of clowns on the take there now, and we need some honest people, like the two of you, running this country.
Nice intro summary to the private mafia-controlled money-as-debt system the world over. It's a shame in a way that what you say still needs to be said. It's incredible that this is not known as part of basic education. Even many politicians don't even know 'where money comes from'. Well, of course, those who run this scheme have no interest in it being widely known. So it has to be repeated, many, many times over down through the decades.
"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks" (Lord Acton, 1834-1902).
How about bringing in some equivalent to the 'Bradbury pound', (issued by gov't in 1914 at the outbreak of WW1). Let this grow in parallel to the money-as-debt-mafia system, encourage ordinary people to use the Bradbury Pound (equivalent system for USA dollars) and you'll see how much more efficient it is.
I shared this on my New Zealand based Monetary Policy Centric Facebook Group as New Zealand continues to be decimated by this colonial, in our case foreign private bank debt slavery, that has almost robbed us of everything:
This brilliant article, with more to follow, is on Substack which is free to sign up to and the Kucinich Report is free to subscribe to.
At this time it is pertinent to America and the former colonies of the British Empire, such as New Zealand.
To find currently working models of the banking system reform solutions suggested in this article for the nation-state level please research the history of The Bank Of North Dakota (America) and The Alberta Treasury Branch (Canada):
To confirm that we here in New Zealand suffer the same private bank debt debacle of a money supply system as that of America please read these two documents published by the state-owned but foreign privately owned investment bank funded Reserve(Central) Bank Of New Zealand:
Dear Elizabeth, I would go a step further: In my opinion, central banking is treason, which is punishable by death as stipulated by the constitution. It is the most cunning and devastating form of criminal conspiracy ever invented. It destroyed Rome, and it will destroy our present version of Western Civilization unless it is eliminated and replaced by the principled monetary system of Mr. Zarlenga and Rep. Kucinich--and don’t forget the contribution of Richard Cook. There is yet another issue of comparable importance that has yet to reach the level of public awareness: Medicine is now poised at the threshold of the most important theoretical advance in its history. I refer to the recent discovery of the mammalian stress mechanism, which enables the “unified theory of medicine” that was postulated by Dr. Hans Selye and was the objective of international medical research for 30 years after the discovery of DNA, but was abandoned in frustration for failure to find any clue of the elusive stress mechanism. However, important new theories typically arrive long before adequate information from unrelated research explains how they work and enables their confirmation and application. That is what has happened with stress theory. What is now needed is animal and clinical research to test and confirm the mechanism, plus a government effort independent of corrupt medical corporations to develop a safe antidote to tissue factor in blood circulation. Such a medication would enable cures for everything from cancer to COVID, and abolish future mischief from useless and deadly fake “vaccines” based on cheap replication of weaponized viral mRNA. It is impossible to produce a useful vaccine using DNA or RNA because these molecules consist of nucleotides that cannot be detected by the immune system. The COVID scam is a form of TREASON because it was FORCED upon the population for the deliberate purpose of mass murder, even including members of the military. No nation or civilization can protect itself with sick, crippled, or dead soldiers and civilians.I have explained this in detail in the most recent issue of “Combat Stress” Magazine published by the American Institute of Stress:https://stressorg-magazines.s3.us-east-1.amazonaws.com/combat-stress/2024/Combat-Stress-Winter-2024-25.pdf. Please bring this to the attention of Mr. Kennedy as well as Mr. Musk and President Trump if you can. This promises to reform and revolutionize medicine, eliminate the eternal curse of disease and premature death, and enable efficient, inexpensive, universal health care for all citizens. It represents the ultimate triumph of 20th century medical advance. www.stressmechanism.com
So well written and persuasive. But left out of the ‘isms’ is consumerism as the driver of the serious problems we face; a point made so well by your countryman, David Attenborough. You also don’t talk about US Treasury Bonds where the debt is to the bond holder: we the taxpayers. My problem is this: you and your husband, and others talk about single issues with no reference to what Trump is doing to turn this country into an oligarchy/dictatorship…..and worse supporting many of his initiatives - domestic and foreign. Until it is clear that you refute Trump it’s hard for me to take your motivation seriously. We need a clear understanding of 20th Century history as regards Stalin, Russia, Putin, Europe and China - and where we stand as a country in 2025 as regards Trump, Musk and their White, Christian Nationalist Party before we reform our monetary policy. BTW - since we are modeling ourselves on Hungary (and to a lesser extent on Russia), how do they handle their money? I wish you would first address these ‘questions’ and issues I raised because I can’t be supportive of anyone supportive of this ‘regime.’ You can’t pick and choose policies. They come as a package with Trump/Musk and they are uncompromising. I hope you don’t think they would entertain any of your ideas. Any money goes directly to them and their fellow billionaires. They care not a whit about the rest of us. That should be obvious.
So you'd rather the Democrats had held on to power? Despite the dangerous insanity of the the last few years? Despite their antics during the confirmation hearings? There's much that is worrying re Trump 2.0, but also much to be welcomed so far.
Monetary Reform is not about Republican v Democrats v Libertarian it's about recognizing that the monetary system is what causes many of these political divisions. Monetary Reform give us the ability to come together under a common cause to address issues that affect all Americans.
My concern is about the dismantling of democracy. I believe in democracy. It is our American vision of democracy that made us great - not problem free, but great in terms of humanity. Trump is intent on destroying it for personal wealth and control. I won’t tell you what to think, but please read Heather Cox Richardson (historian) for facts and historical perspective, read Robert Reich, economist, professor and gov’t experience in every administration starting with Reagan, and Robert Hubbell (family of telescope fame) who gives good summary of headline events, and ends each letter with beautiful photo of a galaxy with explanation, to give us perspective. These are free on Substack and I hope you start to read what they have to offer, in the spirit of learning, understanding and broadening our perspectives.
Hi Elizabeth. I followed your love story with Dennis from the beginning with Zarlenga reporting. We met years ago in Dennis' Congressional office, remember?
What you wrote here on banking, money, debt is very clearly stated. It certainly shines the light on the elephant in the room! Question - why not join forces with Ellen Brown and the Public Banking Institute? and two, let's also shine some light on the OTHER elephant in the room (yes there are TWO) which is the privatization of the "commons rent" to be solved via a tax shift from labor and production to land value. Otherwise, the public improvements result in higher land values, thus higher housing costs and we the people are back to square one. Inviting you to also link with our land value tax movement and see how Land and Money work together to create the war system and how to build an economics of peace. I write about this in the last article in my book The Earth Belongs to Everyone, probably on your and Dennis book shelves somewhere. Warfare or Earth Share - that is the question! Alanna Hartzok in PA at 717-357-7617
An interesting and refreshing article indeed. I do find it curious though that Elizabeth wrote the entire piece without reference to Modern Monetary Theory, Prof. Stephanie Kelton’s smash book The Deficit Myth or Rodger Malcolm Mitchell’s regular blog Monetary Sovereignty, all of which address the reality of federal money operations, from money creation to deficit spending to debt in nearly the same manner as Elizabeth does. Where these academic economists’ and Mitchell’s positions differ from the article center around the role of the Federal Reserve and that of borrowing. They assert that the Fed is under the direct control of Congress and does its bidding; that the government does not borrow from private banks and that what is typically referred to as “borrowing” is the government’s sale of Treasury securities, which are purchased with money previously created by the government. That money obtained via these sales is parked and never used to cover federal spending.
Stephen Zarlenga was critical of Modern Monetary Theory (MMT). While both Zarlenga and MMT advocates oppose the current private banking system’s control over money creation, Zarlenga believed in full monetary reform through a publicly controlled money system, as proposed in the American Monetary Act/The NEED Act. He argued that MMT fails to address the fundamental issue of money issuance remaining under private bank control and saw it as insufficient for true monetary reform.
Zarlenga, as do I, favored sovereign money creation by the government (rather than banks), whereas MMT largely accepts the existing system but emphasizes the government’s ability to spend without revenue constraints. His perspective aligned more with monetary reformers like the Chicago Plan or Henry George’s ideas rather than MMT’s approach to fiscal policy.
The main point of contention between Zarlenga and MMT economists is that the former considers the Federal Reserve System a private bank, which it most certainly is not. It is in no way independent of government and very much under the control of Congress. Once that piece is clarified it becomes apparent the MMT makes little reference to actual private bank money except that it refers to it as “endogenous money” which adds nothing to the high powered money supply created by government. The real resource constraint MMTers understand is realistic because tax revenue is irrelevant to real federal money operations.
Elizabeth, so thrilled you're still in the fight, and with such deep appreciation for truth. As fear is such a essential component of US government these days, there is no will to create abundance. On a deeper note, the folly and horrifying efforts of this administration are having the unintended consequence of waking up our sisters and brothers more quickly and fully.
Elizabeth, your NEED Act is a powerful piece of legislation, but at this point even more is needed. It's been over 20 years since Glass Steagall was repealed and now the derivative losses have climbed into the quadrillions. Wall Street's insistence on being "made whole" will continue to drag us down until we rise up and "shake off the chains," as Shelly said..
That done, in order to sustain any recovery, a science driver is needed. This critical element is mandated by the physical economics of Lyndon LaRouche. Only in this way can the nation (and yes, the world) overcome the inherent limitations of relying on a single energy source, for example.
This is a good introduction to real monetary reform. I hope Trump, Musk, et. al., read this carefully.
In fact, while at the US Treasury, I worked with Steve Zarlenga to create the American Monetary Act that Kucinich built on to draft his NEED Act.
Nothing could be more important.
I look forward to future installments.
See the history of the monetary system and its takeover by the globalist financial elite in my book "Our Country, Then and Now." The Appendix to the book explains Kucinich's NEED Act.
https://www.amazon.com/Our-Country-Then-Richard-Cook/dp/1949762858
Rick, your wisdom, experience and knowledge are central to this movement. Thank you for all you are and all you do. I met you at the Treasury the same day I met Dennis in Congress! Our fates are aligned through the incredible life, vision and legacy of Stephen Zarlenga. Thank you! -- Elizabeth
Thank you Elizabeth.
I don't know if you or your readers have seen the article on monetary reform I wrote at the request of the Kennedy Beacon for RFK, Jr.'s campaign. Here it is, reproduced from my Three Sages Substack:
https://montanarcc.substack.com/p/from-the-kennedy-beacon-rfk-jr-and
This article makes it clear why Elon Musk's idea for a citizens dividend or rebate resulting from the savings on federal spending is so important.
I also have fond memories of the day I spent with you and Dennis and other friends on Capitol Hill reviewing US monetary history. I remember Dennis saying it was the best policy briefing he'd ever had.
The work we did that day resulted in my book "We Hold These Truths: The Hope of Monetary Reform," available on Kindle.
https://www.amazon.com/We-Hold-These-Truths-Monetary-ebook/dp/B009F21XM8/?_encoding=UTF8&pd_rd_w=d3sZW&content-id=amzn1.sym.cf86ec3a-68a6-43e9-8115-04171136930a&pf_rd_p=cf86ec3a-68a6-43e9-8115-04171136930a&pf_rd_r=147-2591856-8506832&pd_rd_wg=iY62u&pd_rd_r=b7d4bde5-354a-4967-b2e3-b9e8aa5ec84f&ref_=aufs_ap_sc_dsk#customerReviews
Please explain why the article make sthe idea for the citizens dividend important. Not disagreeing, just am not seeing the connection.
Beautiful introduction, Elizabeth. Looking forward to more. Will you be addressing the question of compound interest? That seems to me a double whammy on the debt-based money system and fraudulent.
The piece was already over 2,000 words. I'm thinking in 3 articles I could make a more compelling case. Bear with me and thank you for all you did in Congress to make the NEED Act happen!! -- Elizabeth
That’s kind of mind blowing that you are at CPAC. I’m impressed. And I will keep reading…
Thank you Elizabeth, so happy to see this! Great job of illuminating the essentials of this issue. Richard Cook and I each have substacks hounding this issue too and I am so glad to hear your voice joining the chorus. I'm hoping so many catch on it drowns out the fear, hopelessness and anger that seems to flood so many minds. DT&M are still pushing this 'leverage point' in the wrong direction; privatization, you illuminate the right direction; sovereignty. https://howardswitzer.substack.com/p/privatization-vs-sovereignty
Elizabeth, thank you so much for your article. I've been waiting in the hope that you or Dennis would write this story as it is so badly needed in the US before Trump and Musk unwittingly push the nation into the trap that awaits their swamp clearing exercise. For me here in Australia I have been Australianising your NEED Act H.R. 2990 in the hope that we also will be rid of the illusion that the only source of money is private bank credit and the stupid 'fractional reserve banking'. Your article will for sure resurrect the first effort and demonstrate the need for persistence.
Good work, Elizabeth. You are awesome. You and Dennis both belong in Government. There are a lot of clowns on the take there now, and we need some honest people, like the two of you, running this country.
Nice intro summary to the private mafia-controlled money-as-debt system the world over. It's a shame in a way that what you say still needs to be said. It's incredible that this is not known as part of basic education. Even many politicians don't even know 'where money comes from'. Well, of course, those who run this scheme have no interest in it being widely known. So it has to be repeated, many, many times over down through the decades.
"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks" (Lord Acton, 1834-1902).
How about bringing in some equivalent to the 'Bradbury pound', (issued by gov't in 1914 at the outbreak of WW1). Let this grow in parallel to the money-as-debt-mafia system, encourage ordinary people to use the Bradbury Pound (equivalent system for USA dollars) and you'll see how much more efficient it is.
Thank you for this brilliant article.
I shared this on my New Zealand based Monetary Policy Centric Facebook Group as New Zealand continues to be decimated by this colonial, in our case foreign private bank debt slavery, that has almost robbed us of everything:
This brilliant article, with more to follow, is on Substack which is free to sign up to and the Kucinich Report is free to subscribe to.
At this time it is pertinent to America and the former colonies of the British Empire, such as New Zealand.
To find currently working models of the banking system reform solutions suggested in this article for the nation-state level please research the history of The Bank Of North Dakota (America) and The Alberta Treasury Branch (Canada):
https://kucinichreport.substack.com/p/breaking-the-debt-chains-exposing
To confirm that we here in New Zealand suffer the same private bank debt debacle of a money supply system as that of America please read these two documents published by the state-owned but foreign privately owned investment bank funded Reserve(Central) Bank Of New Zealand:
What Is Money
https://www.rbnz.govt.nz/money-and-cash/future-of-money/what-is-money
Money Creation In New Zealand
https://www.rbnz.govt.nz/-/media/project/sites/rbnz/files/publications/bulletins/2023/money-creation-in-new-zealand.pdf
Thank you for mentioning The Bank of North Dakota. I was unfamiliar with it until 2009 when it became noteworthy for coming through unscathed.
Financial entanglement with Mafia, CIA, Corporatocracy, assassinations and war at their will ...
"Everything Is a Rich Man’s Trick" - Full Documentary https://www.youtube.com/watch?v=4oVpt_I9iQQ
Dear Elizabeth, I would go a step further: In my opinion, central banking is treason, which is punishable by death as stipulated by the constitution. It is the most cunning and devastating form of criminal conspiracy ever invented. It destroyed Rome, and it will destroy our present version of Western Civilization unless it is eliminated and replaced by the principled monetary system of Mr. Zarlenga and Rep. Kucinich--and don’t forget the contribution of Richard Cook. There is yet another issue of comparable importance that has yet to reach the level of public awareness: Medicine is now poised at the threshold of the most important theoretical advance in its history. I refer to the recent discovery of the mammalian stress mechanism, which enables the “unified theory of medicine” that was postulated by Dr. Hans Selye and was the objective of international medical research for 30 years after the discovery of DNA, but was abandoned in frustration for failure to find any clue of the elusive stress mechanism. However, important new theories typically arrive long before adequate information from unrelated research explains how they work and enables their confirmation and application. That is what has happened with stress theory. What is now needed is animal and clinical research to test and confirm the mechanism, plus a government effort independent of corrupt medical corporations to develop a safe antidote to tissue factor in blood circulation. Such a medication would enable cures for everything from cancer to COVID, and abolish future mischief from useless and deadly fake “vaccines” based on cheap replication of weaponized viral mRNA. It is impossible to produce a useful vaccine using DNA or RNA because these molecules consist of nucleotides that cannot be detected by the immune system. The COVID scam is a form of TREASON because it was FORCED upon the population for the deliberate purpose of mass murder, even including members of the military. No nation or civilization can protect itself with sick, crippled, or dead soldiers and civilians.I have explained this in detail in the most recent issue of “Combat Stress” Magazine published by the American Institute of Stress:https://stressorg-magazines.s3.us-east-1.amazonaws.com/combat-stress/2024/Combat-Stress-Winter-2024-25.pdf. Please bring this to the attention of Mr. Kennedy as well as Mr. Musk and President Trump if you can. This promises to reform and revolutionize medicine, eliminate the eternal curse of disease and premature death, and enable efficient, inexpensive, universal health care for all citizens. It represents the ultimate triumph of 20th century medical advance. www.stressmechanism.com
So well written and persuasive. But left out of the ‘isms’ is consumerism as the driver of the serious problems we face; a point made so well by your countryman, David Attenborough. You also don’t talk about US Treasury Bonds where the debt is to the bond holder: we the taxpayers. My problem is this: you and your husband, and others talk about single issues with no reference to what Trump is doing to turn this country into an oligarchy/dictatorship…..and worse supporting many of his initiatives - domestic and foreign. Until it is clear that you refute Trump it’s hard for me to take your motivation seriously. We need a clear understanding of 20th Century history as regards Stalin, Russia, Putin, Europe and China - and where we stand as a country in 2025 as regards Trump, Musk and their White, Christian Nationalist Party before we reform our monetary policy. BTW - since we are modeling ourselves on Hungary (and to a lesser extent on Russia), how do they handle their money? I wish you would first address these ‘questions’ and issues I raised because I can’t be supportive of anyone supportive of this ‘regime.’ You can’t pick and choose policies. They come as a package with Trump/Musk and they are uncompromising. I hope you don’t think they would entertain any of your ideas. Any money goes directly to them and their fellow billionaires. They care not a whit about the rest of us. That should be obvious.
You have raised my concerns and I thank you for it. I watch with interest to see if/how you are answered.
Thank you. I too am curious about a response. I am just so concerned about where we are headed.
So you'd rather the Democrats had held on to power? Despite the dangerous insanity of the the last few years? Despite their antics during the confirmation hearings? There's much that is worrying re Trump 2.0, but also much to be welcomed so far.
Monetary Reform is not about Republican v Democrats v Libertarian it's about recognizing that the monetary system is what causes many of these political divisions. Monetary Reform give us the ability to come together under a common cause to address issues that affect all Americans.
My concern is about the dismantling of democracy. I believe in democracy. It is our American vision of democracy that made us great - not problem free, but great in terms of humanity. Trump is intent on destroying it for personal wealth and control. I won’t tell you what to think, but please read Heather Cox Richardson (historian) for facts and historical perspective, read Robert Reich, economist, professor and gov’t experience in every administration starting with Reagan, and Robert Hubbell (family of telescope fame) who gives good summary of headline events, and ends each letter with beautiful photo of a galaxy with explanation, to give us perspective. These are free on Substack and I hope you start to read what they have to offer, in the spirit of learning, understanding and broadening our perspectives.
I wonder if you are an NPR listener. I was for nearly 40 years but Covid opened a door for me to step out and hear them clearly.
All very interesting,. What are you doing to resist this fascist takeover? That is what we peons are facing.
Hi Elizabeth. I followed your love story with Dennis from the beginning with Zarlenga reporting. We met years ago in Dennis' Congressional office, remember?
What you wrote here on banking, money, debt is very clearly stated. It certainly shines the light on the elephant in the room! Question - why not join forces with Ellen Brown and the Public Banking Institute? and two, let's also shine some light on the OTHER elephant in the room (yes there are TWO) which is the privatization of the "commons rent" to be solved via a tax shift from labor and production to land value. Otherwise, the public improvements result in higher land values, thus higher housing costs and we the people are back to square one. Inviting you to also link with our land value tax movement and see how Land and Money work together to create the war system and how to build an economics of peace. I write about this in the last article in my book The Earth Belongs to Everyone, probably on your and Dennis book shelves somewhere. Warfare or Earth Share - that is the question! Alanna Hartzok in PA at 717-357-7617
An interesting and refreshing article indeed. I do find it curious though that Elizabeth wrote the entire piece without reference to Modern Monetary Theory, Prof. Stephanie Kelton’s smash book The Deficit Myth or Rodger Malcolm Mitchell’s regular blog Monetary Sovereignty, all of which address the reality of federal money operations, from money creation to deficit spending to debt in nearly the same manner as Elizabeth does. Where these academic economists’ and Mitchell’s positions differ from the article center around the role of the Federal Reserve and that of borrowing. They assert that the Fed is under the direct control of Congress and does its bidding; that the government does not borrow from private banks and that what is typically referred to as “borrowing” is the government’s sale of Treasury securities, which are purchased with money previously created by the government. That money obtained via these sales is parked and never used to cover federal spending.
Stephen Zarlenga was critical of Modern Monetary Theory (MMT). While both Zarlenga and MMT advocates oppose the current private banking system’s control over money creation, Zarlenga believed in full monetary reform through a publicly controlled money system, as proposed in the American Monetary Act/The NEED Act. He argued that MMT fails to address the fundamental issue of money issuance remaining under private bank control and saw it as insufficient for true monetary reform.
Zarlenga, as do I, favored sovereign money creation by the government (rather than banks), whereas MMT largely accepts the existing system but emphasizes the government’s ability to spend without revenue constraints. His perspective aligned more with monetary reformers like the Chicago Plan or Henry George’s ideas rather than MMT’s approach to fiscal policy.
The main point of contention between Zarlenga and MMT economists is that the former considers the Federal Reserve System a private bank, which it most certainly is not. It is in no way independent of government and very much under the control of Congress. Once that piece is clarified it becomes apparent the MMT makes little reference to actual private bank money except that it refers to it as “endogenous money” which adds nothing to the high powered money supply created by government. The real resource constraint MMTers understand is realistic because tax revenue is irrelevant to real federal money operations.
Elizabeth, so thrilled you're still in the fight, and with such deep appreciation for truth. As fear is such a essential component of US government these days, there is no will to create abundance. On a deeper note, the folly and horrifying efforts of this administration are having the unintended consequence of waking up our sisters and brothers more quickly and fully.
cheers
Jim Prues
World 5.0
Elizabeth, your NEED Act is a powerful piece of legislation, but at this point even more is needed. It's been over 20 years since Glass Steagall was repealed and now the derivative losses have climbed into the quadrillions. Wall Street's insistence on being "made whole" will continue to drag us down until we rise up and "shake off the chains," as Shelly said..
That done, in order to sustain any recovery, a science driver is needed. This critical element is mandated by the physical economics of Lyndon LaRouche. Only in this way can the nation (and yes, the world) overcome the inherent limitations of relying on a single energy source, for example.
LaRouche's entire program is now condensed into The Four Laws, a 10-page program which can be reviewed here: https://archive.schillerinstitute.com/economy/2016/1111-4laws/ross4L.html