Proposal
Objectives
Rationale
Part
I: Core Provisions
Title 1: Government Created Money (EPM) Authorization
Title 2: Establishment of the
Congressional Monetary Authority
Part II: Applications
of debt-free Public Money
Title 3: Establishment of the Infrastructure Development Finance Corporation
Title 4: Government Shutdown Prevention
Title 5: Natural Disaster Relief
(Hurricanes, Fires, Earthquakes)
Title 6: Deficit Reduction,
cancellation of budget sequestration
Title 7: Debt Reduction, elimination of
Intragovernmental debts
Part
III: New Social and Economic Justice
Offices
Title 8: Establishment of the Office of Public Banking
Title 9: Establishment of the Office of Full
Employment
Title 10: Establishment of the
Office of Poverty Alleviation
Title 11: Establishment of the Office of Conflict
Resolution
Part
IV: Transparency and Accountability of
the Federal Reserve System
Title 12: Periodic GAO Audits of the Federal Reserve
System
Optional Amendment: Monetary History Documentaries
Part V: Government Owned Central Bank
Option A: Buy out the Federal Reserve Bank of NY,
convert to Public Benefit Corporation, convert other Fed banks to Certified
Benefit
Corporations
Option B: Create new US
Central Bank in Washington, D.C., convert all Fed banks to Certified Benefit
Corporations