Freedom Vision's Outline Minimum With Cover

8/14/2019 Freedom Vision's Outline Minimum With Cover

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“It’s not WHAT backs our money, it’s WHO controls the QUANTITY !”

- Bill Still

FREEDOM’S VISION OUTLINE – MINIMUM

KEY CONCEPT : Deleveraging the bogus “paper economy” gives the world an opportunity to turn the deflationary forces of clearing out the leverage into a counter force and

directional change. Our world economy is built on an unsustainable platform of debt andleverage. One way or another, this over-leveraged system is going to crash and be replaced

by something else. Those who believe in the march of human freedom have a historicopportunity to guide humankind into a new money system which is sustainable because it is

just .

Based upon a program that realistically controls the quantity of money, the monetary needsof the world can be satisfied, while also allowing the prices of goods and services to remainsteady, overall and over time. Real economic growth is thus enabled, but growth in prices isnot. Shocks are absorbed, but then cleansed. In this way, a dynamically stable and enduringsystem is built.

The outline presented below is simply a starting point. No one can possibly have all the answers and

therefore we are very open to input and suggestions to improve this program and to flesh it out. Coming

up with the right answers is a process, and even during implementation will require adjustments. Your

constructive help is requested. Once the possibility becomes clear, YOU must take action to ensure itsimplementation!

There are THREE KEY PROPOSALS that form Freedom’s Vision, a return to a stable,productive, and prosperous United States:

1. Monetary Reform – We must replace our unjust, debt-backed money system andcleanse debt and derivatives without creating severe inflation or deflation; withoutcreating a supreme “moral hazard;” and without crashing the entire global economicsystem in the process.

2. Political Reform – We must exclude large special interests from political decision-making. Removing this influence will accomplish a great deal in ensuring that the

quantity of money remains under control and that politicians can go back to workingand thinking on behalf of the people, not just in the short term, but also in the longterm.

3. Direction for the Future – A change of direction is clearly needed. We arerudderless, and without proper goals to move forward our economy and society willcontinue to drift. While we feel this is desperately needed, we are focusing on thefirst two for now. When successful with the other two, the third will follow, but weneed to be thinking about direction now!



The KEY COMPONENTS of our Monetary Reform proposal are:

Deleveraging debt and derivatives creates the OPPORTUNITY to reform themonetary system so that future dollars are spent into existence on the National levelthereby eliminating Treasury debt.

o The deleveraging process will create deflationary forces, and thusinflationary forces must balance during the transition.

o The “moral hazard” was created when debt and the quantity of money wereallowed to grow out of control; our plan simply returns us to a workablesystem and a future of stability and prosperity.

FEDERAL LEVEL CHANGES:o The Federal Reserve System must be either reconfigured or abolished.

Twelve Federal Reserve Banks either moved under Treasury jurisdiction or their functions replaced by State Banks using the

model of North Dakota. The free market must set interest rates, not central bankers. We must create an Independent Panel (IP) responsible for controlling

the QUANTITY of money.

• Sole mandate to produce ZERO percent PRICE inflation.

• Panel completely isolated from politicians and special interestsby law. Should they miss their mandated target, they willautomatically be replaced. Harsh penalties for taking bribes,falsifying data, collusion, and manipulation will be enforced .

• The IP has access to a $2 trillion Treasury Reserve Account(TRA) to absorb emergencies such as acts of war or Katrina

like disaster situations. Funds must be reestablished withguidelines found in more detailed outline. Regardless, PRICEinflation will not be allowed to exceed limits.

We must create an Independent Data Panel (IDP) to replace allgovernment agencies that generate economic statistics.

• Law will isolate the Panel from politicians, special interests,and members of the IP. Harsh penalties for taking bribes,falsifying data, collusion, or manipulation will be enforced .

• COMPLETE TRANSPARENCY is the ultimate check andbalance.

o All data made available to the public for free.o NO ONE is given access to the data before the public.o The method of data collection and raw data MUST

accompany all reports.o There will be three types of data that accompany all

reports:1. Raw Data.2. Timeless Data – methods of calculations can be

repeated over time for historical comparisons.



• Healthy and Smaller banks and credit unions likely unaffected.The largest banks will be cleansed last resulting in smallerlarge banks.

• Procedure will reestablish 10 to 1 reserve ratio and other bank health rules.

o States – Treasury will provide funds equivalent to one year’s worth of eachstate’s revenue.

50% will pay down current state debts easing the state’s debt burden. Other 50% will be used to fund initial start up of STATE BANK,

based on the model of North Dakota.

• All state tax monies deposited in this bank.

• 10 to 1 fractional reserve maximum on deposits which arebacked by taxing authority and by vast assets, making thesebanks some of the most sound banks in the world due to suchstrict standards.

• Banks will support other commercial banks within state.

• Banks will provide low or no interest loans to state forinfrastructure projects.

• A 10% of budget reserve fund will be initialized andmaintained.

o Businesses – Helped already by people whose balance sheets are cleansed,some large businesses may be counter party to defaults that occur in specialbankruptcy court. Those that are would be given the same protections asbanks and sent through the same process as banks to remove bad debts andderivates.

o Social Security – The outlook would immediately improve without inflation. Taxes and payments frozen. Fund created to accommodate negative demographics with strict laws

on replenishment, thus ending the Ponzi, but keeping the program.

o Medicare – Gets better with these changes similarly to Social Security, but isapproximately six times larger problem. Needs to be changed, wouldpropose a timeline and guidelines for changes.

o GSEs and FHA – programs would be frozen and allowed to wind down.Mortgage lending would return to commercial banks backed and supportedby state banks.



International Implications – The implications for other countries who do notaccomplish the same cleansing at the same time are serious. America wouldencourage and support other countries to run the same procedures at the sametime, but would not intervene on their behalf unless invited to do so.

o Non debt-backed dollar would strengthen dramatically over rest of debt-backed currency world. There may be the need to freeze currencyexchange rates during the transition period.

o Banks going through bankruptcy will create international cross-defaults.Therefore teams will be established to consult with nations around theworld at THEIR request. The best outcome is that all nations run the sameprocedures during the transition period. They would enjoy the samebenefits and it would create a stable outcome at the end of the transition.

We do NOT have to sit back and just watch DEBT driven events unfold. When it comes tothese issues, WE are not Republicans, WE are not Democrats, WE are AMERICANS – WEhave the AUDACITY TO TAKE ACTION, not the complacency to hope that someone elsewill!

*Cover art by AZ Rainman

Freedom Vision's Outline Minimum With Cover

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