The campaign begins . . . [stay tuned! more to come!]

Who is this woman?

My name is Carol Johnson-Smith. I am a candidate for the Democratic Party nomination for Indiana’s 9^th District seat in the United States House of Representatives.

I am a 20-year member of the United Auto Workers Union, and I work at the Louisville Assembly Plant for Ford Motor Company. For the union, I have served on the Women’s Committee, the Citizenship and Legislative Committee and currently on the Education Committee. I have been a longtime campaigner for political candidates throughout the region.

I am the mother of 2 grown sons, and I just celebrated the birth of my first grandson. (He is really cute. I have pictures.)

Why is she running?

Many Americans were hoping for a serious change from the previous eight years of Bush’s policies, instead we suffering more of the same. The Obama administration has continued to push the same financial schemes responsible for the collapse of the entire monetary system. This policy disaster has resulted in massive unemployment, an explosion in home foreclosures, and further take-down of our nation’s physical production including the machine- tool sector of our auto industry and now, with Obama’s new budget out, the space program too is in danger. These sectors are the key to the ability of the nation to drive forward in science and technological advancements.

I have spent the last 15 years talking to citizens across this nation, from New York to California, working to get them to listen and consider different ideas from those that have been ruling and ruining our nation for decades. I have worked to revive the true American System of Political Economy; the system that built this nation under Alexander Hamilton and George Washington. Kentucky Senator Henry Clay fought for it as did Abraham Lincoln. Franklin D. Roosevelt again revived the American System to address the Depression in the‘30’s concerning the predatory banking policies and the looming housing crisis.

In 2008, I decided to run for an elected office myself. I chose the office of Harrison County Council. I spent the campaign talking to my neighbors about an American System proposal that had come out asking for a return to the proven policies of FDR as to what he proposed to clean up the banking system in the ‘30’s.

This proposal was called The Homeowners and Bank Protection Act, and it proposed to freeze foreclosures and eliminate the casino banking practices which later led to the meltdown of our economy in 2009. I traveled to the state capitols ofIndiana, Kentucky and Tennessee, as well as many city councils in these states. to lobby for this Act to be put before Congress. The proposal passed in over 100 city councils across the nation and in some state houses; it was the answer to the growing crisis in the economy.

But not one member of Congress would even debate the issue.

What does she stand for?

I stand for a return to the Constitution and the founding principles of the American System of Political Economy.

It is time to return to the principles that founded this nation that are put forth in our US Constitution and especially the Preamble’s General Welfare Clause. The Constitutional way to do this is with federal credit directed through a protectionist national banking system to fund great infrastructure projects like Roosevelt and Kennedy did.

These great projects will put people back to work, save their jobs and homes, build needed community projects that benefit our citizens and promote the common good. Without them, we will continue to struggle through recessions and depressions that might just bring the entire world economy down and send us into a dark age.

Nothing can be done to reverse the collapse of the US economy without starting with the American System solution : first we enact a sweeping bankruptcy reorganization, which will put trillions of dollars of gambling debts into the deep freeze making it possible to re-establish a sound credit system, based on the standard set by FDR: the Glass-Steagall standard which said that a commercial bank cannot engage in speculative investments. We will need NO bank bailouts because speculation is not allowed!

Next we must enact the authority of Congress to issue federal credit for national infrastructure projects such as high-speed rail, nuclear power plants for energy independence, great water projects, and put space and scientific development back at the top of our nation’s priorities. A fully funded NASA could spearhead a real economic recovery by emphasizing the rapid and massive creation of productive and meaningful employment in the scientific, machine-tool and related industrial sectors.