The NEED Act (the National Emergency Employment Defense Act, 2011) is a bill proposing to replace the current Federal Reserve system and its bank-created money. This new U.S. Money will be authorized by the people's representatives in Congress, as our Constitution directs. This U.S. Money will be issued exclusively by the U.S. Treasury. This fundamental, TOTAL change can take power away from multinational banks and corporations, and deliver it to the people. Instead of serving a tiny, privileged minority, the NEED Act can empower our democracy to create full employment, universal health insurance, solid infrastructure, tuition-free college education, and all the basic needs of our nation.