U.S. Treasury Issued Debt-Free United States Notes

The cornerstone of my presidential platform is a permanent, U.S. Constitution-based solution to federal, state, and local government funding problems through debt-free money.

Constitutional and Legal Authority

  • U.S. Constitution: Article 1, Section 8, Paragraph 5 gives Congress the power to "coin money" and "regulate the value thereof"
  • Legal Tender Act of 1862: Establishes legal precedent for U.S. Treasury issued debt-free currency
  • Current Status: $300 million in United States Notes remain part of our legal money supply, ready to be expanded by Congressional action

Verify This: Visit the U.S. Treasury Department website to confirm United States Notes are legal tender.

Historical Proof: It Has Been Done Before

President Abraham Lincoln (1862)

Issued $449,338,902 in United States Notes to fund the Civil War

Increased national money supply by 25% with NO INFLATION

These "Greenbacks" circulated successfully as legal tender

President John F. Kennedy (1963)

Issued $4 billion in United States Notes (Executive Order 11110)

Withdrawn from circulation by Congress after his assassination

Proved debt-free money works in modern economy

What Debt-Free Money Can Fund

All of the following WITHOUT raising taxes or increasing national debt:

  • Replace trillions of dollars stolen from Social Security trust fund since 1969
  • Make Social Security, Medicare, and Medicaid permanently solvent and increase benefits
  • Unlimited funding for Veterans Administration and wounded/disabled veterans
  • Full coverage universal healthcare for all American workers
  • Full employment with good wages and benefits
  • Infrastructure repair, maintenance, and improvement nationwide
  • Education funding and job training programs
  • Pension Benefit Guarantee Corporation (PBGC) permanent solvency
  • Adequate funding for SEC, CFTC, IRS, FAA, TSA, and regulatory agencies

Debunking the "Hyperinflation" Myth

The claim that debt-free money causes hyperinflation is a deliberate scam perpetuated by those who profit from government debt:

  • Lincoln increased money supply 25% with NO inflation
  • Hyperinflation occurs when production collapses (Weimar Germany, Zimbabwe)
  • U.S. has massive productive capacity ready to be activated
  • Debt-free money funds PRODUCTION and JOBS, not speculation
  • Federal Reserve Notes are also "created out of thin air" but with DEBT attached

Social Security, Medicare & Medicaid

The American people have been ROBBED. Trillions of dollars have been stolen from the Social Security trust fund, and the politicians and media have covered it up for decades.

The Great Social Security Theft

The Truth They Don't Want You To Know:

  • Since the federal budget was "unified" in 1969, politicians have STOLEN approximately $5 TRILLION from Social Security
  • The so-called "$2.7 trillion trust fund surplus" is a LIE—there is NO CASH
  • The "trust fund" contains only IOUs (Treasury bonds)—promises to pay DEBT
  • Politicians steal FICA tax dollars, spend them, and replace them with MORE DEBT
  • The theft began to pay for the unnecessary Vietnam War and continues today

The Solution: Debt-Free Money

I propose:

  • U.S. Treasury issue debt-free United States Notes directly into Social Security trust fund
  • Replace ALL stolen money—estimated $5 trillion since 1969
  • Uncorrupted audit to determine exact amount stolen
  • Make Social Security, Medicare, and Medicaid permanently solvent
  • INCREASE benefits to adequate levels
  • Repeal Reagan's immoral tax on Social Security benefits
  • All without raising taxes or borrowing money

Why Debt-Free Money Is the ONLY Solution

Replacing stolen trust fund money with tax dollars from the general revenue fund only compounds the theft—it's robbing Peter to pay Paul the money stolen from Paul!

Borrowing money to replace stolen money adds MORE DEBT on top of the original theft!

Only debt-free United States Notes can honestly repay what was stolen.

Full Employment with Good Wages & Benefits

The American government has a Constitutional mandate to "promote the general welfare" of the people. With debt-free money, we can create full employment with just compensation.

The Jobs Crisis

  • Globalization, outsourcing, and offshoring destroyed millions of middle-class jobs
  • Union-busting and "right to work" states gutted worker protections
  • The "gig economy" replaced good jobs with precarious employment
  • Unjustified income inequality is destroying the middle class
  • The private sector has FAILED to provide adequate employment

My Full Employment Plan

Using debt-free United States Notes, the government will:

  • Create millions of well-paying jobs in infrastructure, manufacturing, and services
  • Partner with private sector when appropriate, but not be held hostage by profit motive
  • Provide job training and education for workers to succeed in good jobs
  • Employ the "unemployable" in productive work before they become a menace to society
  • Rebuild economically devastated communities with good jobs
  • No taxpayer money or government borrowing required

Economic Justice

The Issue of Unjustified Income Inequality:

I address what others won't: overcompensation and undercompensation. This is the "third rail" of economics, but it must be confronted.

  • Workers deserve just compensation for their labor
  • The pursuit of maximum profit has created obscene inequality
  • Executive compensation is often wildly disproportionate to value created
  • The "New Normal" economy is a race to the bottom for workers
  • Economic justice means fair pay for fair work

Universal Healthcare for All Workers

Full coverage universal healthcare funded by debt-free United States Notes—no taxpayer money required, no insurance company profits, no "choices" that aren't really choices.

The Healthcare Crisis

  • The profit motive is the weak link in healthcare
  • Insurance companies profit by DENYING coverage
  • Americans pay more for healthcare than any other developed nation
  • Having insurance doesn't mean you can afford to see a doctor
  • Medical bankruptcy is a uniquely American problem
  • The Affordable Care Act was hamstrung by the for-profit insurance industry

My Healthcare Solution

Full Coverage Universal Healthcare Plan:

  • All American workers and their families receive FULL healthcare coverage
  • No deductibles, no co-pays, no "choices" that limit coverage
  • Funded by debt-free United States Notes—not taxpayer dollars
  • Not dependent on employment status or employer contribution
  • Government has no profit motive—only Constitutional mandate to serve citizens
  • Healthcare for the poor also funded by debt-free money

Republicans claim this is "socialism." I say it's Constitutional duty to "promote the general welfare."

Unlimited Funding for Our Veterans

Veterans should NEVER be charity cases in the country they defended. The VA "underfunding crisis" is a deliberate scam by privatizers.

The Veterans Administration Scandal

What They Won't Tell You:

  • The VA is deliberately underfunded to create a "crisis"
  • Long wait times are caused by shortage of doctors (fewer doctors = less funding needed)
  • Conservative media and Republicans use underfunding to push privatization
  • VA administrators are told: "Run the VA with what we give you or we'll get someone who will"
  • Wounded and disabled veterans have become CHARITY CASES on television appeals
  • This is a NATIONAL DISGRACE

My Veterans Plan

As President, I will:

  • Provide UNLIMITED debt-free money for Veterans Administration
  • Fund ALL needs of wounded and disabled veterans—no limits
  • Hire sufficient medical staff to eliminate wait times
  • Provide world-class facilities and equipment
  • No veteran will be a charity case ever again
  • No taxpayer money or government borrowing required

Note: I am a veteran (Navy AMH E-4/E-5, 1962-1966). I served in VA-12 in the Mediterranean and VW-11 in the North Atlantic aboard USS Franklin D. Roosevelt (CVA-42). Unlike other candidates, I actually served my country in uniform.

Rebuild American Manufacturing

American manufacturing was deliberately destroyed by globalization, Wall Street, and complicit politicians. It's time to put AMERICA FIRST.

The Globalization Disaster

  • After WWII, American tax dollars rebuilt German and Japanese industry
  • The Marshall Plan and Cold War strategy sacrificed American workers
  • Trade deals like TPP are wars on the American working class
  • Currency manipulation gives foreign competitors unfair advantage
  • American companies outsourced, offshored, and abandoned workers
  • The result: hollowed-out middle class, dead cities, and despair

America First Manufacturing Policy

My Plan to Rebuild American Industry:

  • Use debt-free money to fund domestic manufacturing revival
  • End trade deals that sacrifice American workers for corporate profit
  • Stop currency manipulation that gives foreign competitors advantage
  • Support American workers and American companies that employ Americans
  • Use government purchasing power to support domestic production
  • Create good union jobs that rebuild the middle class
  • Economic development in devastated communities like Detroit and Flint

Demand Accountability from the Establishment

For twelve years I have been stonewalled by politicians, ignored by media, and dismissed by academia. The time for accountability is NOW.

The Suppression of Truth

How the Establishment Suppressed My Campaign:

  • Sent platform letters to 36 prominent media organizations—ZERO responses
  • Pittsburgh Post-Gazette suppressed my Social Security Op-Ed repeatedly
  • KDKA TV and radio ignored 39 letters requesting coverage
  • Senator Pat Toomey stonewalled me since December 10, 2010
  • President Obama stonewalled me before and after election
  • Bernie Sanders ignored multiple letters about debt-free money for Social Security
  • Time Magazine, Atlantic Monthly ignored articles
  • ALL presidential candidates in 2016 ignored my debate challenges

This is blatant suppression of legitimate news and a presidential candidate's Constitutional right to free speech.

What Americans Must Do

DEMAND ACCOUNTABILITY:

  • Call, write, email, or personally visit your elected representatives
  • DEMAND they publicly address ALL issues raised on this website
  • DEMAND written explanations for why they oppose debt-free money
  • DEMAND answers about stolen Social Security trust fund money
  • Hold media accountable for suppressing legitimate candidates and issues
  • We don't need a revolution—we need ONE GOOD POLITICIAN and engaged citizens

I Challenge ANY Politician to Public Debate

I dare President Trump, Senator McConnell, Representative Ryan, Senator Schumer, Representative Pelosi, and ANY other politician to engage me in a public debate about ANY issue, AFTER the debt-free money issue is resolved to my satisfaction.

They won't debate me because they know it would be political suicide. They know I'm right.

The Time for Debt-Free Money is NOW

Since I began proposing debt-free money in 2004, the national debt has increased from $7 trillion to over $19 trillion. That's $12 trillion of unnecessary debt loaded on American taxpayers while politicians ignored my Constitutional solution.

How much longer will we accept this insanity?