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AL HJR34
Joint Resolution
Status
2/11/2016
Primary Sponsor
Thomas Jackson
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AI Summary
HJR34 Summary
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Urges Congress to restore Glass-Steagall Act provisions by passing HR 381 and S. 1709 to separate investment and commercial banking, citing the law's 66-year track record of preventing banking crises.
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Calls for establishment of a national banking and federal credit system modeled on Alexander Hamilton's First Bank, Lincoln's Greenback policy, Franklin Roosevelt's Reconstruction Finance Corporation, and the Kennedy Space Program.
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Directs federal credit system use to fund modern infrastructure including high-speed rail networks, nuclear power generation, water projects, and critical transportation and energy programs.
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Requests immediate space program expansion to explore the solar system and develop nuclear fusion technology to address national energy needs.
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Requires distribution of resolution copies to Alabama's Congressional delegation and the President of the United States.
Legislative Description
Economic recovery, urging Congress to adopt an economic recovery program
Resolutions, Legislative
Last Action
Introduced and referred to the House of Representatives committee on Rules
2/11/2016