Abolishing and Eliminating Currency is a viable proposal.

I submit that abolishing all forms of currency and banking can be accomplished. By implementing this system, we will create a paradigm shift that will positively impact humanity - as we can correct all of the following issues we currently face: Financial crisis Centralized Power Environmental Violations Lack of Health Care Unemployment Drug Dealing (Illegal and otherwise) Renewable Energy Greed The following are some of the added benefits that can be realized by implementing this system: Better Nutrition Placing Environmental Concerns at the forefront of decisions Unlimited Education Better Medicines Best in class products A smaller Government Achieve global oneness A realization of true freedom Elimination of cost prohibitive obstacles Unlimited Research and Development resources The way to do all this is to pass a bill to modify our social security system by extending its benefits and at the same time to allow the social security administration to delegate responsibility of administration and enforcement to individual States. This can be done by voting a bill into law. What"s in the Bill is what changes everything. The focus of the Bill will be to change the way we base our Social Security contributions on. Currency will be replaced by hours. Hours (or time) will be the new standard of satisfying our social security share of duty. But, it does not stop there. Currency will altogether be eliminated. Time will be the new standard of paying our duty to society. Time will replace currencies. The concept is simple 1 hour of work equals 1 hour of work, period. Banking of time in any form will be forbidden as well as swapping, trading or dealing of time. Subscribers will need to satisfy the hours in order to receive full benefits. Those hours can be satisfied by working, studying, raising a child, community or military service and farming. Subscribers to the New Social Security will in turn receive everything they need including but not limited to food, clothing, residence, fuel, education, health care, personal goods, housewares, transportation, leisure travel. As an incentive for entrepreneurs to become successful they will additionally receive an allowance to hire a personal assistant. The requirement to work will be as follows: six hours per day for 4 days in a week or 24 hours in a week. 6 hours of education per week. Civic service can be substituted for up to 6 hours of work per week. There will be an allowance of eight weeks of vacation per year. Subscribers that violate this plan who have received the benefits without contributing their hours shall be forced to restitute their hours by performing the undesirable work. This plan will also have the flexibility to allow for anyone choosing to opt out. An example would be someone who prefers to live as an isolationist and support him/herself. The structure of our current currency policy exists in a Ying Yang. If the Government can create rights that encompass an economic value for one side, than it must take that equal value from the other side to pay for it. Even worse, this causes one or both sides rights to no longer be preserved. Our current monetary policy cannot sustain viability without undermining citizens" rights! Time " The ultimate resource There is no need to expound on this point too much. We all know that time is more valuable than any commodity. Nothing and no one can buy more time. We are all equal before a sunrise. To make the transition from a currency system to a hour system we can rely on an existing system currently in use to track hours worked. Currently, during your working years, earnings covered by Social Security are posted to your Social Security record and you earn credits based on those earnings. Using time as a measure of one"s earnings over currency can be an easy transition. Hours are already being recorded by employers. Who then report those hours to the Social Security Administration (The SSA). The SSA currently measures the amount of time in credits to determine eligibility for social security. Therefore, little needs to change to effect implementation of a record keeping program for validating hours accomplished. There will have to be some changes within the SSA to account for a frequent reporting system to a (newly proposed) Fairness Review Board. We may also need to alter the unit of measure as needed for frequently identifying compliance with work hours. But there is no need for me to get into that much detail here at the moment.