Chicago Teachers Union Supports HR 2990

IMPORTANT: Please Forward To All Your Contacts!

Significant progress has been achieved in the ongoing pursuit of monetary reform. With the endorsement by the 29,000 strong Chicago Teachers Union, the NEED Act is gaining substantial momentum in the efforts to clean up our country’s unstable economy. The Exectuive Board of the Union voted support of the following:

Be it resolved that the Chicago Teachers Union goes on record to support The National Employment Emergency Defense (NEED) Act, H.R. 2990, because: The NEED Act puts back the money creation powers under public checks and balances through their Congressional representatives; The NEED Act puts any necessary functions of the Federal Reserve under public administration to be in alignment with the U.S. Constitution; The NEED Act puts any necessary function of the Federal Reserve under public administration to be in alignment with the U.S. Constitution; The NEED Act uses the money creation powers to give millions of people at all government levels work to improve the infrastructure of the country; The NEED Act allows state and local government to determine where one-fourth of the federal monies created shall be used; The NEED Act allows full funding for teaching positions, pension obligations and the building of schools.

View the official resolution document at http://www.monetary.org, or by clicking here.

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