We need permanent solutions to our problems and to achieve that, our government must control our money supply and the issuance of our money as it was meant to be in our Constitution. Since 1913 the privately held Federal Reserve is in control of our money supply and the issuance of our money. Reforming our monetary system will create a domino effect in a positive way and every public issue that can be solved with money will be solved. As a result of the proposed monetary reform, people will pay less taxes and our government will stop borrowing money. People are the most productive in their line of work and well balanced in their personal lives, when they are not under financial pressure and by lowering all taxes will ease some of that financial pressure on all taxpayers.
I will bring both major political parties together to overhaul our monetary system, so we can: bring inflation under control to stabilize our economy, lower the crime rate, because we all deserve living in safe neighborhoods and build more affordable housing, because nobody should be homeless.
However, on the State and local levels, we must stop incentivize people to become homeless. Some parts of Proposition 47 are major contributors for rising crime statewide, therefore it must be repealed or amended. Countless businesses lost revenue and had to close their doors forever across our beautiful California, because of crime and homeless camps nearby. Anyone, who sincerely wants to work, could get a job within 3 days, but starting a business that creates jobs is a lot harder, therefore we must create an environment, so our job creators, their employees and customers will feel safe at any time of the day or night.
Now, let us get back and look at why and how we need to reform our monetary system.
Our current monetary system was started by the passage of the Federal Reserve Act, on December 23rd 1913.
Since then, we got ourselves into two world wars, the great depression in between, the Korean war and the Vietnam war, just to name a few. Our national debt was $2.9 Billion in December of 1913 and well over $30 Trillion right now. Our Congress must take back the constitutional power that was delegated to the Federal Reserve, so we can put inflation under control, lower the crime rate, eradicate homelessness, just to name a few things our government will do, without borrowing money and raising taxes.
Today, our nation has many financial challenges and to face them by increasing the debt ceiling, so our government can borrow more money, or by raising taxes, is not a real solution.
The real solution to our never-ending debt crisis is to address the root cause of our problems and going back to the basics, to the United States Constitution, that was written by our brilliant founding fathers.
The root cause of financial problems (over $30 Trillion debt) in our government is that the Federal Reserve Bank is in control of our money supply and issues our money. We must reform our monetary system, only then, we will have the financial resources to solve many problems on national, state and local levels. You will not regret voting for Ferenc Pataki on June 7th, 2022, because he has the courage to fight for the Constitution and the monetary reform in Congress.
Here is the how:
This is a hidden gem in the United States Constitution:
Article I. Section. 8. clause 5. states:
"The Congress shall have Power [....] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.
To provide for the Punishment of counterfeiting the Securities and current Coin of the United States"
It only takes two simple steps, to solve the US never ending national debt and yearly budget problems.
STEP 1:
The issuance and the control of the fiat money supply shall be under the authority of the US Treasury Department.
STEP 2:
The US Treasury Department shall pay off the national debt, which is owed to the Federal Reserve, within one year, while simultaneously requiring all banks, to raise their reserve requirements (around 8.5% per month) to 100% to stop them creating money, by fractional reserve banking.
After our government issues and controls our money supply, in Congress, we will never have to argue about money, budget, deficit and spending ever again.
We will have the financial resources, without borrowing money, or raising taxes, to bring inflation under control, to tackle rising crime across our nation because we all should be able to live in safe neighborhoods, eradicate homelessness because nobody should be homeless, create affordable housing, providing world class education, to make health care very affordable, to take care of the families of our fallen soldiers, first responders and to make sure that the retirement benefits are sufficient, so our elderly population can live in dignity in their homes and not in a tent under a bridge.
