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---------- Forwarded message ---------- From: Bob Schulz (DO NOT REPLY - Unmonitored Mailbox) < [EMAIL PROTECTED]> Date: Thu, Sep 18, 2008 at 9:22 PM Subject: [WTP] WTP Brings Federal Lawsuit to Stop AIG Bailout To: [image: www.GiveMeLiberty.org][image: www.GiveMeLiberty.org]<http://givemeliberty.org/> September 18, 2008 *WTP Brings Federal Lawsuit to Stop AIG Bailout U.S. Lacks Constitutional Authority for Loan* On the day following the 221st anniversary of the signing of the U.S. Constitution, WTP Chairman and constitutional activist Robert Schulz today filed a federal lawsuit in United States District Court in Albany seeking to halt the execution of the emergency bailout of American International Group, Inc. (AIG) by the United States Government and the Federal Reserve. The lawsuit asserts that the commitment of public funds and credit for the direct benefit of privately owned AIG is an *ultra vires action by the United States Government and Federal Reserve*, i.e., beyond the limited legal authority granted by the Constitution. The lawsuit asks for a "show cause" hearing demanding that the Government produce evidence of its legal authority to commit public funds for such a purpose, as well as emergency and permanent injunctions halting the bailout transaction. Beyond the Constitutional deficiencies, the bailout establishes a dangerous precedent enabling the Fed and/or Government to nationalize virtually any business or property within the United States without legal authority or congressional approval. The defendants include the Federal Reserve System, Fed Chairman Ben Bernanke, the U.S. Treasury, Treasury Secretary Hank Paulson Jr. and the United States Government. The WTP Foundation today issued a press release<http://www.wethepeoplefoundation.org/PROJECTS/AIG/AIG-PressReleaseSept18-2008.pdf>citing Schulz: "Beyond the moral hazard and dangerous precedent established by this action, it is of vital importance that the American people recognize that the present financial crisis is a direct and predictable result of *decades of constitutional violations by the Federal Government*. Through a long-standing policy of disinformation and collusion with the Federal Reserve and Wall Street financial elite, the United States Federal Government has denied public access to information about the secretive operations of the privately owned and operated Federal Reserve and its monopoly control of America's money system. "This monopoly control of our currency by a private banking cartel has resulted in increasing distortion, volatility and cyclical (boom and bust) economic conditions in the U.S. and abroad. America's fiat currency (produced from thin air) is manipulated by the Federal Reserve for the benefit of its owners, major Wall Street financial institutions and the Federal Government and is not unaccountable to the taxpayers. These abuses of the Constitution have taken our financial system to edge of the abyss. The chickens have come home to roost." Click here to read the Complaint<http://www.wethepeoplefoundation.org/PROJECTS/AIG/AIG-Complaint-9-18-08.pdf>, the Memorandum of Law<http://www.wethepeoplefoundation.org/PROJECTS/AIG/AIG-MemoLawSupptTRO-9-18-08.pdf>supporting the TRO, and Schulz's Declaration<http://www.wethepeoplefoundation.org/PROJECTS/AIG/AIG-Decl-Schulz-9-18-08.pdf>which includes several recent articles from the *New York Times*. <http://www.bostonteapartyii.org/store/Offering.asp> *Fundraiser! Please help fund our important work. The WTP Foundation is funded entirely by your donations. To donate and receive your own personal copies of the 2008 Congress Petition packages click here: *http://www.bostonteapartyii.org/store/Offering.asp* * The above graphic is the actual cover of the Petition CD-ROM package* * Donations <http://www.GiveMeLiberty.org/donations/donate-join.htm> to the tax-exempt 501(c)3 Foundation are fully tax deductible. As an additional fund raiser, we are making available a high-resolution, full-color poster marking WTP's historic "V for Vendetta" 2007 Right-to-Petition protest event in front of the White House. Each high-resolution poster is professionally printed on 80# pound, high-gloss cover stock. The "16 x 20" posters are suitable for framing and are shipped in a sturdy shipping tube. *Posters still available!* *Click here to make a donation <http://www.givemeliberty.org/store/> to receive this historic poster <http://www.givemeliberty.org/store/>**.* Posters are $30 each, or (5) five for $100. Quantities of (2), (3) and (4) are also available. Click here for a larger preview<http://www.givemeliberty.org/store/images/V-DC-poster.htm>. Watch "V's" powerful Freedom broadcast<http://www.youtube.com/watch?v=8TLD3Z6sJWA&feature=related>from the movie. Please help support our organization. Order your posters today. Please go to www.GiveMeLiberty.org/revolution<http://www.givemeliberty.org/revolution>to: *Join* the WTP Congress<http://www.wethepeoplecongress.org/00-WhatYouCanDo.htm>-- Just $7 / month! *Read & Sign <http://www.givemeliberty.org/revolution/#revSignPet>* the Petitions for Redress of Grievances Please remember, the operations of the WTP Foundation are funded *entirely *by your generous support<http://www.GiveMeLiberty.org/donations/donate-join.htm> . Our Home Page is www.GiveMeLiberty.org<http://www.GiveMeLiberty.org/default.htm> Add <http://www.givemeliberty.org/user/mailinglist/subscribe.aspx> yourself to our e-mail list Delete <http://www.givemeliberty.org/user/info/SignIn.aspx> yourself from our e-mail list T ------------------------------ We The People Foundation For Constitutional Education 2458 Ridge Road, Queensbury, New York 12804 http://givemeliberty.org/ ------------------------------ To send an email to Bob Schulz, click here: <[EMAIL PROTECTED]> -- http://417-political-pundit.blogspot.com/ www.moliberty.org "lite a fire for a man he'll be warm for a day, lite the man on fire and he'll be warm the rest of his life". Just because you do not take an interest in politics doesn't mean politics won't take an interest in you! -Pericles (430 B.C.) In fact, there is a direct correlation between loyalty to one's spouse and the "trustworthiness, sincerity, honesty and strength of leadership" required to lead a nation. ~John Edwards~ "no cause is lost if there is but one fool to fight for it" ~Will Turner~ ~Pirate's of the Caribbean @ World's End~ Save your property rights www.mo-cpr.org http://www.radiofreeliberty.com --~--~---------~--~----~------------~-------~--~----~ This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever. -~----------~----~----~----~------~----~------~--~---
