(As promised (threatened?) in a previous article, I intend to submit a number of proposed amendments to our Constitution that, in my own judgment, would help restore a Constitutional Republic in our nation. Some of these are my own, some are based on Mark Levin’s The Liberty Amendments and some have been suggested by others).
The Honest Currency Amendment
Immediately following ratification of this amendment, the unconstitutional banking enterprise known as The Federal Reserve System will be eliminated and no such future enterprise will be allowed under this Constitution.
The issuance of paper currency and coinage will be controlled solely by the Congress of the United States using a formula, of their own creation, which will limit increases in the total amount of paper currency and coinage to such amount as is indicated by the growth of the Gross National Product (GNP) of the United States. All such paper currency and coinage shall be backed by, and redeemable in, precious metals, and the total amount of paper currency and coinage in circulation at any given time will not exceed the value of the precious metals held in reserve by the Government of the United States.
Within one year following ratification of this amendment, the Congress of the United States shall commission a full public accounting of the activities of the late The Federal Reserve System and shall demand a refund of any and all treasure wrongfully taken and/or disbursed from the treasury of the United States for any private or personal gain by those attached to the late The Federal Reserve System. All participants in the wrongful taking or disbursement of the treasure of the United States, who are still living, will then be processed through the criminal justice system as appropriate.
The rates of interest charged on debt in the United States shall be determined by the free marketplace.
Since its inception in 1913, the The Federal Reserve System (FED) has operated for the profit of foreign and domestic bankers and other members of what amounts to a “financial cartel” and to the detriment of the people of the United States and to its government. During this time, the value of the United States dollar and been decreased by something between 95 and 97% of its value at the inception of the FED. In other words, between 95 and 97% of the private wealth of the people of the United States has been, for all intents and purposes, stolen. The FED has been a criminal enterprise by any means by which such can be judged. Elimination of the FED and its machinations will hasten the return of a true free-market system in the United States for the benefit of all of its citizens.
Returning the nation to a precious metals based currency will end the evil system by which fiat money is created, based on ever increasing debt, and of benefit only to the banking system which, by this very process, has become evil in nature and practice.
Please offer constructive comments as you see fit.
Troy L Robinson