CUTS & EFFICIENCIES WON’T WORK

To create all money as debt is the antithesis of the Freedom God, the Spirit of America and the American Constitution intended. It is at least, bondage, destructive, deficient and unnecessary. When interest bearing debt is used for money, there will be debt, lots of it, as the non-money debt, interest, makes the total debt greater than the money supply and it grows with time. Since a PRINCIPLE was changed, all money is now debt. Not all debt is money. ‘CUTS’ and ‘EFFICIENCIES’ are not the way out.

The total American Public and private debt, near $100 Trillion, includes the Total M-2 money supply of near $20 trillion. The difference of $80 trillion is not money. It’s only a debt expected to be paid in money. It grows with time. The debt money supply only grows with more borrowing; more debt slavery in the Land of the Free. Money is extinguished when loan principal is repaid. Spending the $20 Trillion of debt money on the debt would extinguish the entire money supply and leave $80 trillion in debt growing with time.

Quote letters to me from the U.S. Treasury:

“The actual creation of money ALWAYS involves the extension of credit by private commercial banks.”
“Money for paying interest on borrowed money comes from the same source all other money comes from.” That means that the interest is borrowed too; other loan principal.
“Money that one borrower uses to pay interest on a loan has been created somewhere else in the economy by another loan.” 

Quote letter to me from the Congressional Research Service:
“Money is created when loans are issued and debts incurred. Money is extinguished when loans are repaid.”

Interest, the non-money cost of money, is added to the costs of production and therefore, to the costs-of-living. This creates a constant rise in the costs of living and a growing ‘spread’ between the money supply and prices. It results in loss of purchasing power in the medium of exchange, growing money shortages, an impotent growth imperative, a dependent citizenry, increasing taxes for social help programs, political and social contention, corruption and growing difficulty making ends meet for all segments of society. That includes the U.S. Government which has the Congressional authority to create money; an authority intended to create money as a wealth, not debt, so to preserve, protect and defend Life and Liberty.

Once, through the 1792 Coinage Act, the American government did its duty to monetize American production as a wealth to the people. Anyone could bring gold or silver to the mint and have it stamped into coins free of charge. The money supply increased with productivity gains, was free of debt, free from obligation to perform for anyone and established Justice and the Blessing of Liberty, two of America’s foundational intents. The medium of exchange represented our labor, raw resources, ownership, the wealth of our nation; our garden. The wealth money supply only increased with productivity gains. Government could not create money until the people did production first; production that everyone needed, used and that the public benefitted from mutually so as to promote the general Welfare, not special interests. This is not to say we must use gold or silver for money but the PRINCIPLE of debt-free production monetized as wealth to us, not as debt to us, so to result in a debt free medium of exchange. We could do commerce without having to be in debt. Free market. Free people.

Over 141 years, from 1792 to 1933, special interests lobbied Congress to pass bad laws in 1853, 1863, 1873, 1913 and 1933 that resulted in Congress relinquishing its authority to create money to private interests; this in violation of the best interests of a free people and the Non-Delegation Doctrine. These actions changed our money from a debt free evidence of our production, Liberty and OWNERSHIP to evidence of debt, our BONDAGE and what we OWE. America does not have a ‘spending’ problem. It has a ‘borrowing’ problem despite its authority to create money. We are in debt bondage. We fought a Revolutionary war to prevent being forced to borrow from the Bank of England and into debt to pay the Stamp Tax of 1765. Yet, here we are, in the Land of the Free, forced to borrow and forced into debt. No debt. No money.

America cannot be made great again unless it is Free again. Freedom made America great. Debt and bondage have not, and cannot. If all spending were stopped, the debt would continue to grow. As long as debt is all there is; ‘cuts’ and ‘efficiencies’ won’t fix the root of the problem which is bondage to debt via an enslaving bookkeeping system that records money as debt not wealth. This enslaving system is designed and supported by tyrannical people and their empathizers who, through ignorance or intent and contrary to historical fact, believe and teach that there must be debt for money to exist and or, by people who do not know how to or care not to bring new money into circulation with no debt or inflation.

America cannot ‘efficiency’ nor ‘cut’ its way out of its debt path to destruction. The only way to restore Freedom, Independence, true Prosperity, Morality, domestic Tranquility and Happiness to America is to restore the PRINCIPLE of a debt free medium of exchange like America attempted to start with. The PRINCIPLE requires that first, we the people, with our labor and resources promote the general Welfare by producing that which everyone needs, uses and benefits from equally and that results in a medium of exchange representing that production. The numbers are spent into circulation debt free for the production in lieu of taxation or borrowing. The money supply only increases with productivity gains that promote the general Welfare, that which everyone needs, uses and benefits from equally. We must transition from the creation of all money by private interests as unpayable debt to government and citizens and profits to them, to all money created by the public U.S. Treasury debt free representing production done that everyone needs, uses and benefits from mutually, our Liberty, OWNERSHIP and wealth of our Nation; public roads and bridges, our nation’s circulatory system.

Restore the PRINCIPLE. Combine 2 of America’s founding intents: promote the general Welfare and secure the Blessings of Liberty with the Congressional authorities to create money and to establish Post roads.

Debt bondage has made us forget God’s intent and blessing that we be Free and deny the Spirit and foundation of America, our 13^th Amendment and Freedom. It’s made living the life God intended for us impossible.

You are one of many to receive this letter. Help restore Liberty, Justice, Prosperity, Independence, Morality and America via the PRINCIPLE of a debt free medium of exchange. Encourage the introduction and passage of the Original American Transportation Act. Let’s start talking about the root cause instead of talking about everything else resulting from the debtonomy. Call your Congress people. Tell them to support restoration of a free and Godly America and world.

Thank You for Your Service.