Political Contacts
Letter to the Editor
 

Dear Editor,

I recently reviewed a proposed bill yet to be introduced into Congress. The name of the bill is the National Economic Stabilization and Recovery Act, or NESARA for short.

This proposed bill is one of the more amazing pieces of legislation I have read. Unlike previous tax reform bills, such as HR 25 or HR 2717, NESARA not only provides tax reform, but addresses and corrects a core root problem—unsound monetary policy.

Designed to help all interested parties win, NESARA leaves few stones unturned. Constitutional money is restored, a stable currency is provided, banking is reformed, the national debt is reduced, revenue collection remains neutral.

The proposed bill includes major reforms to the banking industry, including the elimination of compound interest on secured loans made on a fractional reserve basis. New banking equations replace the old equations, providing better equity and balance for everyone. Both lenders and borrowers will embrace the new law.

This proposed bill is a powerful piece of legislation and is the kind of economic stimulus this nation needs and has sought for years. The kind of legislation that Congress has been looking for. The kind of legislation that can make Congress America’s next hero. The kind of legislation that can heal America and return prosperity to the land.

A copy of the bill is located at http://nesara.org.

Respectfully,