AMERICAN
MONETARY INSTITUTE
PO
BOX 601, VALATIE, NY 12184
Tel.
518-392-5387, email ami@taconic.net
http://www.monetary.org
Dedicated to the independent study of monetary history,
theory, and
reform
“Over time, whoever
controls the money system controls the
society."
Stephen Zarlenga, Director
Friends please do recirculate and forward this message to your email
contacts!
A July 4th message to
friends of the American Monetary Institute,
Dear Fellow Americans, and friends around the Earth,
This 4th of July as we proudly celebrate our
declaration of
independence from the tyranny of
a mad Brit King, lets remember the victory a small group of dedicated,
courageous men and women achieved against the world's most powerful
military of their time.
It was a victory that appeared extremely improbable at
best, as
they pledged their lives to fight for its success. And as events and
battles were fought, the possibility of a favorable outcome grew even
smaller. But at the right moment, help from France turned the tide and
the British were defeated.
Defeated militarily, but not monetarily. For soon after
the
Constitution was ratified, in 1791 the 1st Bank of the United States, a
privately owned and privately controlled central bank was put through
Congress by Treasury Secretary Alexander Hamilton, modeled on the
private Bank of England. The gang around that bank were more dangerous
than King George the 3rd; and the Hamilton people thereby insinuated
into the New World forces representing the most evolved secular form
that evil had attained in the Old World. Thanks a lot Hamilton!
Jefferson fought the bank, helping to bring it down and
Burr killed
Hamilton over public insults; but privately issued money had gained a
foothold in America. It's still here, in control of our monetary
system. It's the root cause of most of our social and economic
problems. Whenever it caused crises in the past, our government had to
come to the rescue. It's latest atrocity is the current monetary,
banking and
economic crisis, threatening to take the entire world economy down into
depression, and destroy the lives of billions of people in the process.
It must end now. This crisis gives us our only
opportunity to
reform our monetary system and eliminate the private creation of money;
to eliminate the privilege banks have to create our money supply when
they extend loans.
The American Monetary Institute has published its
research results in
the book The Lost Science of Money (drawn from
a study of over 800 monetary books and sources).
The first 23 chapters focus on the monetary case studies from Aristotle
forward. Then
Chapter 24 summarizes what those studies teach us and how that should
be applied to solving today's dilemma. The American Monetary Act puts
that plan into legislative form. See http://www.monetary.org
Each September (24th - 27th in 2009) we hold a
monetary reform conference at Roosevelt University in Chicago where
activists and advanced monetary researchers present talks and programs
on monetary
reform. There is a Discount ($295 instead of $395) for registrations
mailed by July 15th. See the brochure now! http://www.monetary.org/2009conference.html
The American Monetary Act (attached) is legislation
which
fundamentally reforms the
private CREDIT/DEBT system now wrecking our nation,
replacing it with a
government MONEY system.
HOW: The Federal Reserve becomes incorporated
into the U.S. Treasury.
Banks no longer have
the accounting privilege of creating our money supply. All their
previously issued credit is converted into U.S. Money through an
elegant and gentle accounting change, which has been described as
brilliant by a former officer of the NY Fed. The banks are held
accountable for this conversion. New money is then introduced
by the government spending it into circulation for infrastructure,
starting with the $2.2 trillion the engineers tell us is needed to
properly maintain our infrastructure over the next 5 years. Infrastructure will include the necessary human
infrastructure of health care and education.
Banks
are encouraged to continue lending as profit making companies, but are
no longer allowed to create our money supply by loan making activity.
Thus,
The American
Monetary Act nationalizes the money system, not the banking
system.
Banking is absolutely not a proper function of government, but
providing the
nation’s money supply is a key function of government. No one else can
do it properly. Talk of nationalizing the banking business may really
act like a poison pill to block real reform.
Despite prejudice
against government, most people
are
surprised to learn that history shows government has a far superior
record in controlling the money system than private controllers have.
And yes that includes the continental currency, the Greenbacks and even
the German Hyperinflation; which by the way took place under a
completely privatized German central bank!
WHO: The American
Monetary Institute, organized in
1996 as a publicly supported charitable trust, is the leading
U.S. think tank on monetary history, theory and reform.
WHY: Because the
crisis our present malformed
banking and money system has caused is crying out for reform, not
merely regulation. It has visibly brought the world economy to its
knees; it has concentrated wealth to unacceptable levels, and it now
places the future development of humanity at risk.
WHY? Considering the
nature of modern weapons
systems, leaving the same people and families in power risks the
survival of the species. Some of them watching the past 16 years, must
realize that. Lets hope they do the right thing. But lets not depend on
it!
Friends, almost all of
us are under pressure in this
environment. Stress causes illness unless you act. Action destroys
fear! Join with us to understand the nature of our money system, how it
should be structured and how we citizens can effect such change. Thats
what our nation's founders would be doing now if they were from our
time.
Well thats it for now. Get in touch! Stay in Touch! Read the book. Come
to the conference!
Sincerely,
Stephen Zarlenga
AMI
Return to homepage: http://www.monetary.org
(free
monetary CDs can
be ordered there)