Page 51 - Systemic Reform Solutions 2015-2022

of flawed perception of truth, illogical thinking, inadequate leadership or management, or
misconceived social system structure, processes, and laws.

For far too long, people have benefitted by exploiting other people’s labor, while the people that
do the work receive little benefit, live in poverty, and are inadequately cared for, nurtured, and
educated. To exploit other people’s labor is seen by some to be savvy business practices, instead of

what it truly is, theft.

WILLIT COMPENSATION USAGE
Willits can be used in the capital market or the Standard Needs Earned Equity Market to pay for
Standard Need items. Or, if one selects not to participate as a Standard Needs worker, Willits are
required to pay the true cost for all social benefits (Standard Needs).

I-WAUT MARKET
i-WAUT is the acronym for: I Will Accept Universal Tender (Willits)
Similar to current capital acquisition markets, the i-WAUT market is where one can purchase Goods
or Services that are not available in the Standard Needs Market. One gains access to the iWAUT
markets with Willits.

GCTA - Administrative Body
The Global Compensation and Transaction Administration (GCTA) is the oversight body and auditor
of Willit Compensation distribution; oversees the transactions for the exchange of Willits for goods
and services; and facilitates the conversion of a Nation’s Willits for international exchange of goods

and services by individuals.

The GCTA ends the need for fractional and reserve banking, and eliminates the fees and interest
banks charge individuals, businesses, and nations, thus eliminating future debt obligation.

The GCTA is composed of a global body of Willit Administrators consisting of: analysts, auditors,

accountants, payroll clerks, and governance compliance officers.

Willit Administrators will be located onsite at production and service facilities, business offices, and
will be randomly selected from a pool of qualified individuals.

All administrators will be sworn into office, are legally liable and subject to exile for theft,
acceptance of bribes, falsification of documentation, or the illegal transfer of Willits; and will be
rotated to different facilities to ensure integrity and as a fraud prevention measure.

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