FEDERAL ANTI-INFLATION ACT of 2013

FEDERAL ANTI-INFLATION ACT of 2013
This Bill is being delivered to Congress and incorporates the Public Interest by empowering Congress to:
- declare War on Inflation
- allow the creation of a publicly regulated class of US public corporate chartered national banks that may issue US Treasury Notes of $1, $5, $20, $50, $100 and $1000 denominations using capital reserves based solely on Zero (0) percent (%) interest yielding US Treasury Bonds and a capital ratio requirement of 1::9 or higher capital reserve requirement and distributing annual dividends to stockholders. Stock ownership in these US public corporate chartered national banks is limited to individual US citizen private investors representing 100% individual US Citizens where no single investor may own more than 1000 shares or One (1) percent (%) of One (1) Trillion shares of total outstanding stock. Outstanding unsold stock will be held by US Treasury Department. Splitting of total outstanding stock will occur (3 for2 ) as US population reaches Seventy Fixe (75) percent (%) of each Billion citizens.
- direct the US Treasury Department to issue Zero (0) percent (%) Interest Treasury Bonds to exchange on the open market for the creation of US Treasury Notes by a new class of publicly regulated US public corporate chartered national banks.
- direct the SEC to oversee this new class of publicly regulated US public corporate chartered national banks by Federal Acccounting Standard Board (FASB) generally accepted accounting practice (GAAP) rules and quarterly public posting of financial statements.
- coin money equal to Ten (10) Trillion Dollars to provide the initial capital reserves for the first 10 banks and seed money of Ten (10) Billion dollars to initiate business operations.
- coin money equal to the total interest payments outstanding on all debts of the above-referenced new class of public regulated US public corporate chartered national banks to be used to fund government and the public good at large.
- reduce or eliminate the circulation of Federal Reserve Notes based on US Treasury Bonds yielding an interest rate of greater than Zero (0 ) percent (%).
- Allow only US Notes to be used to satisfy capital reserve requirements in this new class of publicly regulated US public corporate chartered national banks
- declare US Treasury Notes as Legal Tender, backed by risk-free Zero (0) percent (%) US Treasury Bonds and fully exchangable with Federal Reserve notes in Public, Private and Central Banking Systems
- instruct US Treasury Department to buy One (1) share of stock for each US citizen at Zero (0) dollar cost and send it to each US Citizen for Zero Cost (0) to the US Citizen.
- make any necessary revisions to the Federal Reserve Act of 1913, the Fourteenth and Sixteenth Amendments of the Constitution to:
1) Replace all Federal Reserve Notes in circulation with US Treasury Notes
2) Disallow ownership of these stocks by anyone except living individual US Citizens
3) Exempt Income Tax Requirement for this publicly new class of publicly regulated US public corporate chartered national banks

Related: http://wh.gov/pkaC