Let's get back to the facts:
To: The President, The Vice President, The Senate, The House of Representatives, of the United States of America
CC: ... [deleted; general] ...
RE: Open Letter to the Congress of the United States of America
Dear Honorable Representatives and Senators of the United States of America, Sirs and Madams:
Your proposed passing '$700B tax-bailout' is fundamentally unConstitutional,--
It attempts to thwart the 'Principle of Equitable Due Process' imputed in the Constitution, illustrated in the Fifth Amendment culminating in its "just compensation" clause, reiterated and reemphasized in the Fourteenth Amendment, Section 1. in the prohibition of laws and enforcements of deprivation of privileges, immunities, liberties, properties, and hard limited in the Third Amendment prohibition against quartering soldiers in peacetime "without the consent of the Owner" ...
The only equitable due process is, for Congress to abide by the Constitution:
PART I.
If 'Wallstreet' is in debt by '$700B' and wants 'us' to pay it off and bail it out, without an enforcement of collection laws, on the presumption that it is going to maintain, but with no equitable guarantee of improvement, and Congress is going to enforce this payment, preestimated $10K per family who received only $600 "economic stimulus" less than 4-months and not earned such 'shark loan' return, nor is a return above 18% per annum guaranteed,
That '$700B' went somewhere ... It went to--
Case A.
If, it went to most-favored-nations whose laws and business practices like our own recognize the persistence of the customer under competitions to maintain America in its vitality, then '$700B' was 'well-spent' even if 'they' instead of 'Wallstreet' hold the control on that same said $700B... There is less cause to bail out a weaker company or bank: without lawful constructions curtailing any 'bad' practices on the part of 'Wallstreet' and the MFN's now-holding the '$700B' ... example curtailments, might, include recovery of ten-years executive salaries down to federal government G-13 level and, the 'bail out' would be set to less than $100B and, Congress would immediately authorize equal spending of $100B on hgh technology goals i.e. NASA.
Funding 'Wallstreet', for business as usual, will mean that America will have to buy, twice-as-much business production, -but nobody earns like that,- else it's pure inflation where the national M2 asset is just eleven-times that, for a jump by 9%, so, the '$700B' is really '$760B' against the economy,- only-if Congress does-not raise taxes but merely prints the '$760B' and gives families $900 ... the cheaper route in a case like this-- if, it is, Case A.
Case B.
If, -however:- If it went to un-favored nations, that, '$700B' is-not '$700B' and Congress is publicly entertaining the subversive lie: If, that '$700B' is now adverse to America, tips the balance toward the adversaries of America, it makes an imbalance of double, of $1400B, and requires, an immediate warpowers buildup of National Security forces by an additional '$700B' for a grand total of '$2100B'.... (There would be additional concerns that these responses may result in increased inflation, in which case we may estimate an additional 6%-18% immediate prevention measure, and '$2500B' total.)
It is Congress' immediate duty and responsibility to ascertain which-way the '$700B' went, and authorize the corresponding taxes and expenditures.
Case C.
Or finally, If, that '$700B' is 'book vapor money', it merely means a slump in the market turnover... not something to throw-at '$700B' real money.
PART 2.
But the real concern about Congress' action, is its violation of the Principle of Equitable Due Process: Congress, has no right nor law to take away the public's money, to quarter 'Wallstreet' securities-guards on personal financial accounts to the tune of said-estimated $10K per family, without express consent, without "just compensation", under due process... If Congress needs America's money for its newest 'freeway', reimburse us:
But, Only U.S. Treasury Bonds can buy money... so, Congress must reimburse the public with $10K purchase price Bonds per each $10K required under whatever finally their Resolution or Law is, they pass.... 'Equitable Due Process'-- or abdicate control over their inequities...!
PART 3. Additional concerns.
1. What -more- is 'Wallstreet' going to do with '$700B bailout' to benefit
America, that it didn't do before?!
2. Is this '$700B' against M2, or against M1?!
3. What did the Treasury Board of Governors do for America, in hiding the M3 indicator since March 2006, in the belief it revealed nothing unknown?!
CONCLUSION:
America should stand up, above this '$700B'-tall debt 'grass', by $100B to indicate that-and-where it is working, and yank the high-tech mower cord.
'Bailouts' are fun-and-games for entertaining business-pleasure cruises for The Board Of Governors: the literally nonthinking nonworkers, in America.
Ray.
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NOTES TO FURTHER REFERENCES:
Sincerely.
Mr. Raymond Kenneth Petry
USA interParty
Firstly of the original 13 United States of America, self-stiled by our Articles of Confederation
� 2008 Mr. Raymond Kenneth Petry