Ray Uhric
                      Let’s Save Our Social Security and Medicare!

We can have a permanent solution if we use the United States Constitution as our
guide

The brilliant policy statement below is a relic of one of the greatest missed opportunities in the
history of the human race.  The same opportunity was squandered again in 1963 when
President John F Kennedy was assassinated.  Kennedy, like Abraham Lincoln in 1865, tried to
protect America from the scourge of a crushing national debt.  The suppression of the truth
about the Constitutional provisions regarding Treasury issued debt free money is a scandal as
monumental as our 9.5 trillion dollar national debt.

*******************************************************************************
Abraham Lincoln's Monetary Policy

Money is the creature of law, and the creation of the original issue
of money should be maintained as the exclusive monopoly of national
government.

Government, possessing the power to create and issue currency and credit as money and
enjoying the right to withdraw both currency and credit from circulation by taxation and
otherwise, need not and should not borrow capital at interest as a means of financing
governmental work and public enterprise. The government should create, issue and
circulate all the currency and credit needed to satisfy the spending power of the government and
the buying power of consumers. The privilege of creating and issuing money is not only the
supreme prerogative of government, but it is the government's greatest creative opportunity.

By the adoption of these principles, taxpayers will be saved immense sums of
interest …..

Abraham Lincoln. Senate document 23, Page 91. 1865

*************************************************************

The government that President Lincoln refers to is the United States Congress and the Treasury
Department – not the Federal Reserve.  In fact, the Federal Reserve did not exist when Lincoln
made his statement.

The purpose of this web site is to rally that segment of the American people who really believe
in our Constitution, [the work ethic], and morality to renew the battle that tragically stopped when
president Kennedy was killed.

Article One, Section 8, Paragraph 5 of the United States Constitution grants Congress
the power “to coin money, regulate the value thereof, and of foreign coin.”

The monumental implications of this part of the Constitution have been concealed from the vast
majority of the American people since 1789 when the passage cited above became the law of
the land.  In 1913, the United States Congress illegally and in violation of the Constitution, gave
its power to issue debt free money to the Federal Reserve, a privately owned central bank.

In 1862 Abraham Lincoln issued $449,338,902 worth of debt free currency in the form of
United States Notes (Greenbacks).  Legal tender U.S. Notes could have and should have
been used for the recent 160 billion dollar economic stimulus package.  But the stimulus money
entered the economy in the form of debt based Federal Reserve Notes.  

There is talk in Congress of a second stimulus package.  The American people must demand
that the second stimulus package be issued in the form of debt free United States Notes.  
This action will finally set the precedent our politicians have skillfully avoided since 1963.

Simultaneously, with the second stimulus package, Congress must replace the trillions of
dollars that have been stolen from our social security and Medicare trust funds with debt free
United States Notes.  This action will instantly solve the funding problems that have been
projected for these programs.   

This issue must be addressed by the presidential candidates.

How can we get the candidates to address an issue that they obviously don’t want to talk
about?  At every town hall meeting someone in the audience should ask the candidate if he or
she has ever heard of United States Notes.  And at every rally the crowd should chant “U S
NOTES! U S NOTES! U S NOTES!” until the candidate addresses the issue.  We should carry
and wave hand held signs that read U. S. NOTES.  By doing this, we can finally force an open
and honest debate about why we have been saddled with a 9.5 trillion dollar national debt.

In 1980 our national debt was less than 1 trillion dollars.  In 1996 our debt rocketed to 5 trillion.  
Today it has exploded to almost ten trillion dollars.

This debt and the irresponsible fiscal policies of our elected leaders are the real danger
threatening social security and Medicare.  The excuse of the baby boomer’s “demographic time
bomb” is nothing but a deception designed to shift the blame from them to us.
Contrary to popular belief, there is no need to drastically cut our social security benefits, or raise
the retirement age, again.  There is no need to increase the Medicare co – payments.  In fact, if
our elected political leaders would have properly managed and protected our social security
and Medicare money, there would be no “looming financial crisis,” no “doughnut hole” in our
prescription drug coverage and there would be no need for supplemental Medicare insurance
policies.

How is this possible?  The answer to this question is found in Article one, Section 8,
Paragraph 5 of the United States Constitution.     

For more than four years I have been writing to politicians, the media and educators in an effort
to open a public dialogue about Constitution based monetary and economic reform, without
success.  Our 9.5 trillion dollar national debt and replacement of the trillions of dollars raided
from our “trust funds” is a scandal that nobody wants to seriously talk about.  

This issue must be addressed by the presidential candidates.

Click here to read a four page paper that I have been mailing and handing to politicians since
May of 2008.  It is a shortened version of a Longer paper that I had been sending to politicians,
appointed government officials, the media, and academia since June 23, 2004.  The response
has been stony silence, no rebuttal, and no discussion.

Today, (September 28, 2008) with the Presidential elections rapidly approaching, we must ask
ourselves, have the candidates really addressed the issues and the problems facing our great
nation?  My answer to that question is absolutely not.

Let’s start with the issue that is the main focus of this web site: Monetary Policy.  Our national
debt is a fiscal cancer that poses an existential threat to our nation.  This fact is well known.  But
the fact that a national debt is absolutely unnecessary is a very well kept secret.  In 1835
President Andrew Jackson paid off the national debt.  How we went from zero debt to a 9.5
trillion dollar national debt is a scandalous tale of intrigue and deceit.  This issue is examined in
detail in the Monetary Policy section of this web site.

The answer to the question of how we got stuck with this gigantic debt can be explained in a few
sentences:  Constitution based, debt free, monetary policy was destroyed with the
assassinations of Abraham Lincoln and John F. Kennedy.  In its place, a debt based monetary
system was imposed on the American people.  

The issue of a Constitution based, debt free, monetary system has been widely discussed on
the Internet for years.  In 1996, Bill Still released his excellent VHS tape series titled The Money
Masters.  Mr. Still clearly explained how we can pay off the national, without raising taxes, and
remain permanently debt free.  Unfortunately, very few people were listening.  Since 1996 our
politicians have piled another 4.5 trillion dollars of debt on the backs of the American
taxpayers.  The Money Masters series is still available.  It can be obtained by doing an Internet
search for Bill Still or The Money Masters.

What have the candidates said about economic policy ?  “Credit crunch”, mortgage meltdown,
the government bail out of Fannie Mae and Freddie Mac, bank failures, shrinking 401Ks and
IRAs, problems caused by a weak dollar, the destruction of American manufacturing, workers
pay and benefits slashed in order to compete in the global market, over compensated
corporate executives, American companies dying or being snapped by cash flush foreign
investors, millions of hard working Americans with no health care coverage, high gas prices and
high home heating bills are just some of the problems facing the vast majority of the American
people.  What the candidates won’t tell us is that these problems are symptoms of a fatally
flawed economic system.  

In 1996, Bill Still warned of a coming economic disaster.  Nobody in positions of authority or
influence heeded his advice.  Today his dire predictions may be coming true.  
"I want to save pensions,
social security,   Medicare,  
and cut taxes."  

Ray Uhric  October 14, 2008
Best viewed with Mozilla Firefox.
RAY'S THEORY THAT THE U.S. AUTO INDUSTRY'S PROBLEMS
WERE  INTENTIONAL

The American Auto industry - What Went Wrong ?

RAY'S GLOSSARY OF THE MORTGAGE CRISIS AND ECONOMIC
MELTDOWN

Ray Uhric's Glossary_Of_The Mortgage Mess and The Economy
RAY'S SHORT and POWERFUL ESSAY on SAVING OUR
RETIREMENT !

How We Can Fix Social Security and Medicare, in 55 Words
NEW !

RAY'S NEW IN DEPTH DISCUSSION OF OUR ECONOMY AND YOUR
RETIREMENT

Questions and Answers on Social Security and Medicare