Turning the national debt into a spendable asset

The Robin Hood legislation is designed to retire Treasury bonds and redeem them for other assets via a "Federal Credit Receipt" (FCR).  The redemption goes through channels (State & local Commissions), rather than financial predators swapping assets for USD and creating inflation.

The legislation has 3 parts:

1. State legislation to create a "Credit Review Commission" as part of the State Treasury.

2. Federal legislation to define a "Federal Credit Receipt" and a division of the US Treasury.

3. Constitutional Amendment separating money creation from Federal authority.

The good:

- $19 trillion to spend on the economy and infrastructure

- Provide an outlet for retiring the national debt

- Maintains the bond and derivatives market

- Prevents inflation and allows Treasury and Federal Reserve oversight

- Protects against financial predators

- Maintains the value of the dollar

- Creates jobs around the country

- Supports the military's need for financing

The bad:

- facing the psychological denial of being in debt

The "Credit Receipt" applies to all debt instruments, so $200+ trillion.  This would work to solve Puerto Rico's recent debt crisis.  I am hoping Texas can catch up as it can become a clearing house for $200 trillion as we transition from debt-based currencies on planet earth.  We are currently in a slow-motion Venezuelan Bolivar situation, and I am trying to warn and provide the solution.

The Robin Hood legislation

The "Robin Hood laws" will provide $19 trillion for the economy and infrastructure of the United States.

1. United States Congress defines the "Federal Credit Receipt" and creates a new department within the US Treasury to retire the national debt while maintaining obligations.
2. Texas legislature creates a "Credit Review Commission" as part of the Texas Treasury to decide monetary disbursements locally.
3. A Constitutional Amendment to separate money creation from the Federal government.

The plan is to turn the US national debt into a spendable asset, using the "Federal Credit Receipt" (FCR) as the legal and monetary instrument to prevent financial predators from destroying the currency.

The same concept applies to any debt instrument, so I am suggesting a solid understanding be conveyed worldwide, so the world can gracefully transition from debt-based currencies without destroying the world's economies.

How to defend against monetary warfare

The defense plan is to turn the US national debt into a spendable asset, using the "Federal Credit Receipt" (FCR) as the legal and monetary instrument to prevent financial predators from destroying the currency.

This will provide $19 trillion for the economy and infrastructure of the United States.

The same concept applies to any debt instrument, so I am suggesting a solid understanding be conveyed worldwide, so the world can gracefully transition from debt-based currencies without destroying the world's economies.  See Venezuela as the recent example.

In the US, three parts to the legislation:

1. The US Congress creates legislation for a new department within the US Treasury and define the "Federal Credit Receipt".

2. Texas creates legislation for a "Credit Review Commission" as part of the Texas Treasury to determine monetary disbursements locally.

3. A Constitutional Amendment to separate money creation from the Federal government.

Please contact me with questions, as the plan is ready to start today.

Thanks,

Andrew B. Brown

10723 River Plantation Drive

Austin, Texas  78747

(512) 947-8282

http://linkedin.com/in/keihatsu