Restoring Liberty With Three Short Laws
by Gary North
Let us assume that at some point in the future, Congress will pass and the President will sign three bills. These three laws would strip power from the United States government on a scale inconceivable even to the Tea Party’s hard core members. They would be very short laws.
The United States Government hereby abolishes the Federal Reserve Act of 1913 and all subsequent laws relating to that Act.
The deadline for filing all Federal income taxes will shift in the next fiscal year from April 15 to the second Monday of November.
Withholding for all Federal taxes is hereby abolished.
Think of what this would mean. First, the central bank of the United States would become just one more over-leveraged bank – the most over-leveraged bank in the country. It would no longer possess a grant of privilege from the United States government. Members of the Board of Governors would no longer be paid by the U.S. government, nor would any other employees of the Board. The Board would have to abandon its Web address: www.federalreserve.gov. No more “.gov.”