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Withdrawn from circulation by Congress after his assassination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