How Congressionally-funded Government Could Work:

When you Google my specific idea of Congress self-funding government by creating what I call a U.S. Currency Instrument and depositing said currency instrument(s) into a U.S. bank account at the U.S. Treasury Department, instead of using the Federal Reserve to sell T-bills to fund government, artificial intelligence displays this AI text:

AI: "Minting a trillion-dollar platinum coin to deposit at the Federal Reserve or relying on similar unilateral currency-creation schemes to pay off the $39 trillion national debt is a recognized legal concept, but it remains an untested and highly controversial idea that the U.S. Treasury and Federal Reserve have routinely rejected as a financial gimmick.

The push to bypass traditional debt management and take full control of currency issuance stems from longstanding debates over central banking and fiscal policy.

The Debate on Central Banking: The concept of a privately owned central bank and the issuance of fiat paper money were deeply distrusted by figures like Thomas Jefferson, who warned of the dangers that concentrated financial institutions posed to the young republic.

Alexander Hamilton, on the other hand, argued that a national bank and federal debt were necessary for the nation's economic survival and creditworthiness.

The Trillion-Dollar Coin Solution: Under U.S. law (31 U.S. Code § 5112(k)), the Treasury Secretary is granted discretionary authority to mint and issue platinum bullion and proof coins of any denomination.

Proponents argue the Treasury could mint a coin with a $1 trillion face value, deposit it into its Treasury General Account at the Federal Reserve, and use the credited funds to pay government obligations without needing to issue new Treasury securities (T-bills).

Institutional Reluctance: Despite the legal possibility, leadership at the Treasury and the Fed have explicitly dismissed the coin as a risky maneuver.

Former U.S. Treasury Secretary Janet Yellen and various financial experts warn that such a move would heavily compromise the Federal Reserve’s independence, conflate monetary and fiscal policy, and potentially stoke significant inflation or undermine global confidence in U.S. debt."

SituationPolitics.Com: "Of course BIG DONORS do not want to eliminate our current system of selling T-bills to fund government as the current system PREVENTS We The People from accessing the full faith and credit of the U.S. government to work in the interest of We The People, the unwashed masses of the poor and middle class.

Of course BIG DONORS and the banking cartel known as "The Federal Reserve" prefer the current system of an ever-increasing, growing national debt that PAC-funded Congresspersons and Senators can use as an excuse to fully fund BIG DONOR PROGRAMS, such as the Pentagon budget and trillion dollar tax relief bills for billionaires, while denying federal funding of programs that benefit the poor and middle class.

The last thing BIG DONORS want is for the poor and middle class to have unfettered access to the full faith and credit of the U.S. government to fund federal programs that would primarily benefit the poor and middle class instead of BIG DONORS and the U.S. military industrial complex.

Again, remember greedy private bankers led by J.P. MORGAN created the "Federal Reserve Act" to create a private banking group that would turn a profit each and every day for private bankers and their private banking group they named "The Federal Reserve."

Instead of Congress allowing the biggest banker, J.P. MORGAN to create the Federal Reserve system, Congress should have recognized and acted upon the legal, constitutional authority Congress enjoys to create U.S. currency instruments to self-fund government.

Today We The People suffer LYING DEMOCRATS AND REPUBLICANS who tell the voter there is not enough federal funds to fund federal programs that BIG DONORS do not approve of; and that we must fund the war machine and trillion dollar tax relief for billionaires and their corporations instead.

Both Democrats and Republicans LIE to their constituents, telling voters that the U.S. budget is like your household budget where there are debits, credits and a limited amount of income.

But there's always unlimited funds for the bi-partisan U.S. military industrial complex and Republican trillion dollar tax relief for billionaires and mega-corpations.

Dividend Payments

While the Fed is not a standard, profit-driven corporate cartel, commercial banks that are members of the Federal Reserve System are required by law to subscribe to stock in their regional Federal Reserve Bank.

• Dividend Rates: Member banks with assets over $10 billion receive a fixed dividend rate based on the yield of the 10-year Treasury note.

• Limits: These dividend payouts are strictly regulated and are legally limited, meaning member banks do not receive the "residual" profits of the central bank's money-issuing operations. All net earnings after expenses, statutory dividends, and surplus fund adjustments are transferred directly to the U.S. Treasury.

Our system of government is so screwed up that it is like a ticking time bomb that must be disarmed and disassembled but in a certain sequence; or else the time bomb will never be diffused.

The first sequential action has to be to replace incumbents who accept PAC and SUPERPAC campaign contributions with progressives who REFUSE TO ACCEPT PAC AND SUPERPAC donations.

Otherwise the kind of meaningful, significant legislation that We The People need will never be passed by PAC-funded incumbents, period.

The current set of Democrat and Republican PAC-funded fools simply will not vote for the legislation We The People really need.

So what kind of legislation do we really need?

Taxing billionaires out of existence is essential, but taxing billionaires alone will not address and solve the seminal, pivotal problem of HOW government is funded.

The real problem is selling T-bills to fund government.

That is THE PROBLEM We The People suffer at the hands of the Federal Reserve system.

PAC-funded Democrats and Republicans will never support eliminating the Federal Reserve system of selling-T-bills to fund the U.S. government in favor of a self-funding government.

We The People should not be using the full faith and credit of the U.S. government to hock our government to private and foreign investors using the current Federal Reserve system of selling U.S. PAPER instead of DEPOSITING U.S. PAPER directly into U.S. gov't bank accounts at the U.S. Treasury.

That's why I am calling to replace our current system of the Federal Reserve Chairman selling T-Bills to fund our government with Congressional funding of government by DEPOSITING what I call a U.S. Currency Instrument into a U.S. gov't bank acc't at the U.S. Treasury and completely eliminating the Federal Reserve middle man; completely eliminating growing interest payments on a growing national debt.

There is NO GOOD REASON why America must sell T-bills to fund our government when our Founding Fathers hated central banking and gave Congress the constitutional authority to create U.S. currency at will.

We The People should PAY OFF THE NATIONAL DEBT by Congress creating a U.S. Currency Instrument and DEPOSITING said instrument directly into a U.S. gov't bank account at the U.S. Treasury Department - forever and finally paying off our $39 trillion national debt - AND NEVER HOCK OUR GOV'T TO private and foreign investors ever again; never sell T-bills again.

Remember, the Federal Reserve is not a public entity but a private banking group who turns a profit and produces a profit and loss statement for the Federal Reserve private banking corporations.

Our Founding Fathers would IMMEDIATELY disband the private banking cartel known as the Federal Reserve banking system AND would be horrified by wealthy billionaires avoiding taxes and using their wealth to maintain billionaire/corporate control of our government.

Our Founding Fathers would be disgusted how BIG DONORS use PAC/SUPERPAC contributions to control our government.

That's why I say We The Voters must elect new progressive candidates who will NOT accept PAC/SUPERPAC political campaign contributions - new progressive candidates who will finally pass legislation mandating 100% federal funding of ALL federal campaigns.

We The People suffer two primary problems:

We suffer a longstanding bi-partisan BIG DONOR problem; and we suffer an institutionalized problem regarding HOW we fund our government.

We The People will remain under the feet of Democrats, Republicans, their BIG DONORS and the Federal Reserve until We The People vote for new politicians with a new progressive plan to fund our government WITHOUT selling T-bills to fund U.S. government operations, obligations and programs.

We The People suffer the current system which benefits BIG DONORS and the politicians paid by BIG DONORS.

We The People suffer an institutionalized PAYGO system that both Democrats and Republicans use to justify limited funding for We The People while BIG DONORS get all the funding they want.

How do We The People eliminate BIG DONORS from federal elections?

Removing BIG DONORS from federal elections requires codifying into federal law mandatory 100% federal funding of ALL federal campaigns - not just federal matching funds, while some candidates are funded by BIG DONORS.

Federally-funded campaigns are useless UNLESS ALL federal campaigns are federally-funded.

Thus far, for the past 240 years or so neither Democrats nor Republicans have codified into federal law legislation that would PROHIBIT private donors and MANDATE federally-funded campaigns for all federal candidates.

How come neither Democrats nor Republicans have ever passed such type legislation that would eliminate private donors?

Because of bi-partisan greed and toxic tribalism - that's why.

What about America's financial problems: the National Debt, interest payments, U.S. government program costs and financial obligations?

How do we reduce the national debt while funding U.S. government programs and obligations?

The U.S. Government is approximately $39 trillion in debt.

Bi-partisan implementation of austerity measures and belt-tightening will NEVER pay off the $39 trillion national debt, nor will these kind of measures resolve what put us in such debt in the first place.

THE SOLUTION is to completely eliminate and replace debt-based government spending with debt-free government spending.

There is no need to fund U.S. government operations, programs and obligations by SELLING U.S. PAPER - selling Treasury bills to fund government.

We The People need to stop SELLING U.S. paper and start DEPOSITING U.S. paper.

We The People need to cut out the middleman Federal Reserve and use direct funding from Congress.

Democrats and Republicans have been using a deadend Rube Goldberg arrangement of servicing debt and utilizing a system of debit and credit accounting that we have been suffering since the implementation of the Federal Reserve and the Federal Reserve Act.

For example, Congress passes a $1 trillion bill and sends it to the U.S. Treasurer who writes a funding request in the amount of $1 trillion and emails it to the Chairman of the Federal Reserve who sits in his chair and literally types $1 trillion into his computer and hits send and $1 trillion goes to the U.S. Treasurer who deposits said funds into U.S. gov't bank accounts.

Then the Fed Chairman SELLS ONE TRILLION IN U.S. PAPER to cover the $1 trillion he just sent to the U.S. Treasurer.

Our Founding Fathers gave Congress the constitutional authority to create US currency at will, without borrowing money from anyone and without hocking our government to foreign and private investors via the sale of U.S. T-bills/Savings Bonds.

An "America First" economic program would feature Congress issuing what I call a "U.S. Currency Instrument" in an amount large enough to pay off the national debt and fund U.S. government operations, obligations and programs for the next four years.

For example, Congress could issue two (2) U.S. Currency Instruments: one to pay off the $39 trillion national debt; and one to fund U.S. government operations, obligations and programs for the next four years.

Congress should DEPOSIT U.S. Currency Instruments into U.S. Government bank accounts at the U.S. Treasury Dept. to fund our government INSTEAD OF the slave debt process We The People currently suffer.

Such Congressional action would permanently END our debt crisis, END hocking our country to foreign and private investors; END the negative impact of global financial market forces; END government borrowing and END paying huge interest payments on a national debt.

The problem is the current set of incumbent, aging Democrats and Republicans engage in a "BIG DONORS FIRST" economic program instead of an "America First economy."

Voters must realize that neither Democrats nor Republicans will ever eliminate the debt-based system voters have toiled under since the inception of the Federal Reserve and the sale of U.S. T-bills.

U.S. bankers, U.S. defense contractors, U.S. Senators and Congresspersons ALL OPPOSE eliminating our current system of funding gov't operations by selling T-bills and paying interest on those T-bills to "keep the dollar strong" at home and abroad.

For the rich and powerful named above, "Keeping the dollar strong" really means using the full faith and credit of the United States Government for the benefit of the aformentioned rich and powerful - not for the voter.

Both Democrats and Republicans have been telling their constituents their entire lives that government accounting is like household accounting: we only have a finite amount of money to spend within a defined budget that must include expenditures that benefit only the rich and powerful.

These bi-partisan lies serve as justification for austerity measures for the voter, but full access and control of the full faith and credit of the U.S. government for the rich and powerful.

The Greatest Sin as far as the rich and powerful are concerned, would be for the voter to access the full faith and credit of the U.S. government to improve voters' lives.

The rich and powerful don't want to improve voters lives; clearly the rich and powerful plan to effectively eliminate the voter and keep the voter parked in the back of the economic bus.

The rich and powerful have always believed that if voters gain too much government benefits that voters will abandon their low-paying jobs and enjoy too much life at the expense of the U.S. government.

Billionaires have a dream; and that dream features a one-employee corporation that pays ZERO TAXES AND PAYS ZERO WORKERS.

The only employee is the billionaire CEO.

That is THE DREAM AND GOAL of billionaires who are counting on AI and greedy subservient Senators, Congresspersons and Presidents to reach their goal of a billionaire-dominated society free of troublemaking workers and unions, free of having to pay taxes and having to answer to NO ONE.

Billionaires have written the future and they wrote workers and voters OUT of their billionaire-dominated American society.

Billionaires have concluded they need to build more jails and prisons to handle the unwashed masses as the American dream vanishes before their very eyes and public pushback against the rich and powerful grows.

George Carlin was not kidding when he said,

"IT'S A BIG CLUB AND YOU AIN'T IN IT."