(Summary of the content contained in Session 4 of Seminar 4 of the Healing of America Seminar Series)

What Everyone Should Know About Free Enterprise, Socialism, and Personal Economic Security

There is an urgent need for Comprehensive Monetary Reform. We recommend a program of Social Security Reform which should please everyone:

• Restore the gold and silver standard
• Fix money supply in terms of GDP
• Outlaw fractional banking
• Drastically reduce or eliminate inflation
• Minimal interest rates
• Level off prices in the free market
• Major causes of strikes should be eliminated
• The people’s savings should be protected

Here are some problems and solutions to consider:

• Problem #1
  
  • Congress relinquished responsibility to be in charge of money, credit, and finances to a consortium of private banks
• Solution
  
  • Repeal the Federal Reserve Act (no need for an amendment)
• Problem #2
  
  • 16th Amendment gave Federal government authority to directly tax citizens
• Solution
  
  • Repeal the 16th amendment by passing the Liberty Amendment
  • Maintain balanced budget

Restoring America’s International Relationships

• We have engaged in unconstitutional executive agreements
• America’s greatest export
• Adequate supply of food
• Success formula has yet to be fulfilled
• Melting pot
• The First Bastion of Freedom
  
  • Founder’s were expansionists, not imperialists
  • United States of North America
  • Monroe Doctrine
• Founder’s Foreign Policy
  
  • European alliances led to war
  • Separatism, not isolationism
• Constitutional principles
  
  • Specify framework of basic beliefs on which the constitution is structured
  • Define form of government to be maintained both locally and nationally
  • Specify divisions of political power and political services between the local and national government
  • Specify the vertical separation of power
  • Specify the horizontal separation of power
• Declaration of Rights
  
  • Freedom of conscience
  • Freedom of religion
  • Freedom of expression
  • Freedom to petition
  • Freedom to assemble
  • Right to bear arms
  • Right to be protected by writ of habeas corpus
  • Right to be protected from testifying against oneself
  • Right of trial by jury
  • Right of protection from unlawful search and seizure
  • Guaranteed due process of law
• Economic and Monetary Policies
  
  • A sound money system based on precious metals
  • Elimination of fractional banking
  • Power to issue money and currency restricted to government
  • Problems connected with private banks
  • Free market with minimal regulations
    
    • Fraud
    • Force
    • Monopoly
    • Debauchery
  • Specify those powers prohibited to the national government and those prohibited to the states or provinces
  • Specify the means by which it is to be adopted and thereafter amended
• Summary
  
  • Severely restrict trade with nations hostile against freedom
  • Withdraw American troops from foreign assignments
  • Phase-out federal aid
  • Tariff and tax policies should favor home industry and domestic production