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[Pen-l] Silver Bullets and green Mambas




A THANKSGIVING Message to Friends of the American Monetary Institute,
(Please forward to your email contacts)

First here is the accurate schedule for upcoming AMI Free Seminars in Massachusetts:

Shelburne Falls, (North Western) Mass., Saturday, December 6th, at the Arms Library,  Main and Bridge Street, 6:00 - 8:00 PM.
Come and join us. Light refreshments are served and we'll have a good time!

Sherborn, Mass. (Boston Suburb) Sunday, December 7th, 2:00 - 4:00 PM at
The Peace Abby, Two North Main Street.

and we'll be speaking in NY City on Monday December 1st,  6 to 8 PM
(Late arrivals OK) at the Henry George School at 121 E. 30th st.

Please call 224-805-2200 or email us to confirm attendance so we can arrange light refreshments, and bring friends!

Watching the madness here and around the world due in large part to the dominant private credit based money systems, we can be thankful that here in America (and most places this email goes) we have the ability to petition our representatives to help establish a reasonable and just, publicly controlled money system that promotes the general welfare, instead of generating the insane speculation and outright thievery that private control of our money system has always done!
Lets use that ability to help and encourage our new President to also create monetary change now, in this time of crisis.

What about "Silver Bullets" and Mamba snakes? "Silver Bullet" is a term that applies to recent statements by two of the most powerful financial authorities in our country -Treasury Secretary Paulsen, and separately by Senate Banking Committee Chairman Chris Dodd.
Paulsen said:
"I wish there was one action we could take and all this would end...but that is not the world we live in today" (Quoted in Barrons Magazine, 12/1/08)

and Senator Dodd commented in a recent Charlie Rose interview:
"If there is a 'silver bullet' that can solve this thing then it will happen quickly."
Thats paraphrasing, except for the silver bullet phrase.


Well Senator Dodd and Treasury Secty Paulsen, there is a "silver bullet," or a "magic bullet" in the medical sense, that not only resolves the current monetary crisis, but assures that nothing like it will occur in the future. It is called The American Monetary Act. It has been formulated by the American Monetary Institute, with help from some of humanity's greatest monetary minds including Aristotle; Plato; Paulus; Berkeley; Franklin; Locke; Montesquieu; Knapp; and Del Mar from the past, and from some of our dedicated friends in the present. We placed it on our website for public criticism in February 2005. Its latest form is there at http://www.monetary.org/amacolorpamphlet.pdf for continued critique and comment.

Please read it and forward it for consideration to your two senators and your congressman; and just as important, forward it with a note to your local city, county, and State representatives. Tell them to read  TITLE V of it to see how the American Monetary Act solves their "impossible" local fiscal problems, including funding of all unfunded federal mandates. (for printed 16 page booklets of the Act, please donate $15 (postpaid) for 20 copies to The AMI, at PO Box 601, Valatie, NY 12184)

The American Monetary Act does three crucial things; as summarized in the Green Party's Monetary
Reform
Plank, approved by their Platform committee in Chicago on July 11th (attached):

First, it incorporates the Federal Reserve System into the U.S. Treasury where all new money is created by our government as money, not interest-bearing debt, and spent into circulation to promote the general welfare; monitored to be neither inflationary nor deflationary.

Second, it halts the banks privilege to create money by ending the fractional reserve system in a gentle and elegant way. All the past monetized private credit is converted into U.S. government money. This real money does not evaporate in a crisis the way credit is evaporating now. Banks then act as intermediaries accepting savings deposits and loaning them out to borrowers; what people think they do now.

Third, it spends new money (not credit!) into circulation on 21st century eco-friendly infrastructure and energy sources, including education and health care needed for a growing society, starting with the $1.6 trillion that the American Society of Civil Engineers estimate is needed for infrastructure repair; creating good jobs across our nation, re-invigorating local economies and re-funding local government at all levels.

Thats it. All elements of it have been in operation in the past, but never all at the same time. That is the key. Any one or two of them alone won't do it. All three are necessary.

And what about the Mamba snake? People attending our monetary reform Conference in Chicago understand this analogy, but this email is getting too long now. If you want to know about getting the deadly snake out of the house, ask me about it or attend our next conference!

Warm regards and Thanksgiving salutations to all! and Thanks for your attention!

Stephen Zarlenga
Director, American Monetary Institute
http://www.monetary.org






Attachment: latest working American Monetary Act 12.doc
Description: MS-Word document

Attachment: July 11th monetary plank.doc
Description: MS-Word document

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