Harvey F. Barnard’s National Economic Stabilization and Recovery Act (NESARA) has often been
confused with conspiracy-driven “NESARA” narratives promoted online since the early 2000s.
To clarify the difference, this blog lays out Fact vs. Myth with direct source links for verification.
The Real NESARA (Barnard’s Proposal)
Fact: NESARA was Harvey F. Barnard’s economic reform proposal designed to stabilize the U.S. economy through monetary and fiscal policy changes. It included reforms such as eliminating the income tax, implementing a national retail sales tax, and returning to a bimetallic currency standard (Barnard, Draining the Swamp, 2005, WorldCat record).
Fact: NESARA was never introduced in Congress. Barnard sent copies to members of Congress in the 1990s, but it was never formally brought to the floor or considered by any committee (NESARA submission to the President’s Advisory Panel on Federal Tax Reform, 2005, archived government docket).
Fact: Barnard founded the NESARA Institute to promote his ideas, not to claim secret implementation. His published work (Draining the Swamp) was available publicly in print and digital form (Library of Congress record).
Pseudo-NESARA Myths (Internet Conspiracy Version)
Myth: NESARA was secretly passed into law in March 2000 (or at other times) but has been suppressed by the government.
Reality: There is no record of such legislation in the Congressional Record or any federal archive. Investigative reporting by Sean Robinson (The News Tribune, 2004) showed this claim originated with Shaini Candace Goodwin (“Dove of Oneness”), who spun Barnard’s proposal into a conspiracy theory (Cult Education Institute archive).
Myth: NESARA promised immediate debt forgiveness, the abolition of the IRS, and secret prosperity fund payouts.
Reality: Barnard’s actual proposal only replaced the income tax with a sales tax and included reforms to stabilize currency. It did not include cancelling personal debts or government payouts.
Myth: Claims of “prosperity programs” are tied to Clyde Hood’s Omega Trust scam.
Reality: See U.S. v. Clyde Hood, 2001–2002; Chicago Tribune coverage, June 2002 (archived article summary).
Myth: NESARA would trigger worldwide peace, hidden technology release, and global prosperity.
Reality: None of these concepts appear anywhere in Barnard’s published writings. They were added by online groups after 2000 and were documented as disinformation by fraud-watch websites like Quatloos (NESARA Scam archive) and fact-checkers such as Lead Stories (Lead Stories fact check).
Summary Table
| Topic | Barnard’s NESARA | Pseudo-NESARA |
|---|---|---|
| Status | Never introduced in Congress (Tax Reform Panel submission) | Claimed “secret law” with no evidence (Cult Education archive) |
| Taxes | Replaces income tax with national sales tax (Draining the Swamp) | Claims IRS abolished overnight, debts forgiven (Lead Stories fact check) |
| Currency | Return to gold/silver standard (Draining the Swamp) | Claims new prosperity funds distributed globally (Quatloos fraud documentation) |
| Scope | U.S.-focused economic reform | Global utopia, ET disclosure, mass wealth transfers |
Conclusion
Harvey F. Barnard’s NESARA was a sincere but unadopted economic reform proposal — not a secret law or global prosperity program. By checking reliable sources, the difference between fact and myth becomes clear. Barnard’s real work is preserved in his book and policy submissions, while the so-called “NESARA” circulating online is a documented fraud and conspiracy theory.
