The following petition will go live on the https://petitions.whitehouse.gov/ website once systemaccounting.org achieves its goal of 5,000 initial signatures:
Modernize the U.S. Treasury with a systemaccounting technology to establish public independence from the banking system.
According to 12 U.S.C. § 1841(c) a “bank” is defined as a private firm that may compete in a free market while receiving special legal privilege to combine the service of investing money with the other two services of storing & moving money.
The fundamental law of the free market requires that the only firms which are to receive additional access to capital are those that scientifically demonstrate an above-average rate of return; not a legal charter. To correct the path of capital, eliminate collection costs, and maximize economic transparency and growth, the United States Department of the Treasury is to modernize for the public via the adoption of a systemaccounting technology.
For a full demonstration and explanation, please visit systemaccounting.org.
*If you agree with the petition's statement, please sign at the bottom, and then use your Twitter and Facebook accounts to spread the word. Only an email address is required to register. Once the petition becomes available on the White House website, you will receive an email directing you to its location. Then, simply navigate to the live petition and sign.