The entire, global monetary empire of Wall Street is hopelessly bankrupt and in the process of near term collapse. Immediate, emergency measures must be taken to protect the sovereign welfare of the United States citizenry, and protect the value of our currency from collapsing with Wall Street. These specific actions are:
Conduct a Glass-Steagall type audit of all banks chartered in the United States, including the Federal Reserve. Only bank divisions engaging in commercial deposits shall be protected and insured. All others, including Wall Street and the Federal Reserve, will be allowed to fail when shown to be bankrupt.
Using its authority under Art. I, Sec. 8 of the U.S. Constitution, the U.S. Congress shall issue bills of credit legally bound by legislation for application in facilitating the construction of infrastructure projects of strategic national importance.
These bills of credit will be monetized by the U.S. Treasury, and deposited in a Third National Bank, incorporated by the U.S. Congress for this purpose, and beholden in operations to the Preamble of the U.S. Constitution and the Glass-Steagall Act.
The Third National Bank, in consultation with the U.S. Congress, President, and private and public businesses across the nation, shall loan this credit out in the forms of bonds, and currency as needed for normal day-to-day operations, in constructing infrastructure projects of strategic national importance.
These projects will, over the long term, pay back their original capital costs over and over again, by their generation of new commerce, increased output of labor, and the lessening of physical and monetary burdens to society.
In the American Credit System, the only money that is printed and circulated as currency is that which is specifically authorized by the U.S. Congress to increase the national productive output of our workforce and land, per capita and per square mile. Given the almost total destruction of our agro-industrial base after 45 years of willful self-destruction under "free trade globalization", only the biggest, most scientifically [Response was truncated to maximum response length of 2000 characters.]