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Date: Tue, 02 Dec 1997 13:43:56 -0800
To: dschell@ac.net
From: Paul Andrew Mitchell [address in tool bar]
Subject: SLF: No more bailouts: My program for economic recovery.

Dear Doug,

Here is my program:

#1: abolish federal income taxes on all federal employees,
    by Act of Congress, in light of fraudulent motives
    for the Public Salary Tax Act of 1939;

#2: implement #1 by issuing an E.O. to stop withholding at once,
    and to cease/desist income tax returns by these employees;

#3: anticipate increased upward pressure on prices,
    by issuing silver bonds from the United States Treasury,
    in 1-, 2-, and 3-year maturities @ above-market
    rates;  encourage public agencies to buy these bonds;
    authorize U.S. Mint to begin bulk silver purchases,
    and accelerated minting of solid silver coins;

#4: recall all Federal Reserve Notes ("FRN's") within 3 years,
    and issue regulations for all FDIC-insured banks to comply 
    over-the-counter, at teller windows (target: 1/1/2001);

#5: begin printing U.S. Notes in sufficient quantities,
    to replace all FRN's, one-for-one, using "bearer bond" 
    rules, i.e., no I.D. or Cash Transaction Reports required;
    U.S. Notes will be an interim measure, to be replaced 
    after 3 years by silver and gold certificates;

#6: use Federal Register to publish official AFFIDAVIT
    with regulations for executing and submitting same
    to all private employers, anywhere in the state zone
    or the federal zone;

#7: submit to Congress the proposed "New Amendment,"
    abolishing the so-called 14th amendment and making
    state Citizenship available to everyone, regardless
    of race;  the validity of the public debt will thereby
    be brought into question, permitting discharge in
    a competent U.S. Bankruptcy Court, convened for
    this specific purpose;  Congress can assist by 
    issuing special rules for appeal directly to 
    a 3-judge panel on the District Court of the
    United States.

/s/ Paul Mitchell,
Candidate for Congress

At 12:14 PM 12/2/97 -0500, you wrote:
>As usual, Pat is on target concerning an issue that 
>will economically rape the middle class of the USA.  I 
>think this bailout is the MOST obnoxious of all.  
>Bailing out banks and countries which have devastated 
>much of the industrial base of the USA through less 
>than fair practices.  If this occurs, good buy middle 
>America as we have known it.
>What say ye?
>Dr. Douglas W. Schell
>Professor of Business and Economics
>The University of North Carolina- Pembroke
>1709 Crest Dr.
>Aberdeen, NC 28315
>(910) 944-5757 (home)
>(910) 521-6463 (office) 
><---- Begin Forwarded Message ---->
>Date:          Mon, 1 Dec 1997 19:58:30 -0500 (EST)
>From:          Right from the Beginning 
>To:            linda <linda@networkusa.org>
>Subject:       No More Bailouts--Abolish the IMF! (fwd)
>by Patrick J. Buchanan
>                 December 1, 1997
>If the people of South Korea were starving, Americans 
>would send food. If they were victims of a natural 
>disaster, an earthquake or typhoon, planeloads of 
>American doctors and nurses, shiploads of medicine and 
>supplies, would be instantly on the way.
>But Asia's financial crisis is not a natural disaster; 
>it is man-made, the work of corrupt and incompetent 
>political elites, crony capitalists and idiot-investors 
>who deserted their own countries to chase hot profits 
>in Asia. Obligations of charity do not apply here.
>What these avaricious bankrupts want Americans to do is 
>to pick up the hotel and bar bills from their 
>decade-long orgy. No thanks. 
>Ask yourself: Why does Seoul suddenly need $20 billion? 
>Is it because Koreans are suffering? No. South Korea 
>needs $20 billion pronto because it has $20 billion in 
>short-term loans coming due by year's end. Korea hasn't 
>got the cash, and its creditors are howling. 
>The IMF bailouts of Korea, Thailand and Indonesia, 
>which could put Western taxpayers on the hook for $100 
>billion, are to save the faces of these Asian regimes 
>and the fannies of "investors" who want back
>every dime they put up -- without missing a payment. 
>When you know who is holding that $20 billion in debt, 
>you will know for whose benefit the Global Economy is 
>designed to work.
>But why should U.S. taxpayers be put on the hook by the 
>IMF, to make good failed Asian investments? Let those 
>who made the hot profits in Asia eat the losses. Let 
>the market work. Let the Asian debtors and
>their creditors negotiate themselves the terms of 
>repayment, and keep U.S. taxpayers out for once. 
>The hour is at hand for Congress to run a sword through 
>this corrupt global system. All we need do is follow 
>the counsel of ex-Treasury Secretary Bill Simon, the 
>Heritage Foundation, and the American Enterprise 
>Institute, and kill the IMF. Then the gods of the 
>markets can rule again. Don't our free traders believe 
>in that?
>This November, in a courageous act, the House voted 
>down Mr. Clinton's request for $3.5 billion to 
>replenish the funds of the IMF. Prediction: Mr. Clinton 
>will come back from Vancouver Asia-Pacific summit and 
>demand even more money to bail out Robert Rubin's Wall
>Street buddies. But if Congress will hold firm and deny 
>the White House another dime for the IMF, it can strike 
>a mortal blow against a system crafted to endlessly 
>loot the American nation of its wealth.
>What is the IMF? It was created At Bretton Woods in 
>1944 as a fund from which governments could borrow to 
>maintain the fixed rates of exchange of their 
>currencies. But in 1971, Richard Nixon took America
>off the gold standard; the exchange-rate system broke 
>down; the dollar and other currencies were allowed to 
>"float" in a free market. The need for an IMF was over.
>But the IMF refused to fold its tent. It set itself up 
>as overseer of the Global Economy and lender of last 
>resort to bankrupt regimes. Four times since 1970 the 
>IMF has bailed out Mexico. In the last bailout, the IMF 
>gave $17 billion in fresh loans to enable President
>Zedillo to pay off his New York creditors, who thus 
>walked away from their risky loans, while American 
>citizens are now exposed to the lion's share of that 
>$17 billion.
>How is Mexico to repay the IMF? The devaluation of the 
>peso by 50 percent doubled the price of U.S. goods in 
>Mexico and cut by 50 percent the price of Mexican 
>exports. Devaluation thus wiped out the tiny U.S. trade 
>surplus. And when U.S. companies saw the price of
>Mexican labor had been cut in half in dollars, they 
>laid off their workers, shut down their U.S. plants and 
>headed south for the Rio Grande. 
>This, then, is the great trade-off of the Global 
>Economy: Wall Street gets reimbursed, while Main Street 
>loses its export market, its factories and its jobs, 
>and is put on the hook by the IMF, so "investors" on 
>Wall Street do not have to swallow really big losses.
>We do it all -- to make the world safe for Goldman 
>The Global Economy is like a high-stakes poker game, 
>where the big players pocket their winnings, while the 
>"house" -- i.e., the taxpayers -- makes good their 
>losses at the end of a bad night. 
>To do in Thailand, Indonesia and South Korea what it 
>did in Mexico, the IMF will need billions more in 
>lending authority from the U.S. government We ought not 
>let this happen. The looting of our country
>must stop. And it can be stopped, if the agencies that 
>thieve and redistribute U.S. wealth -- the IMF and 
>World Bank -- are denied all power to put at risk the 
>credit of the American people.
>Time for Congress to end these bailouts, privatize the 
>World Bank and abolish the IMF. 
>c Patrick J. Buchanan
><----  End Forwarded Message  ---->

Paul Andrew Mitchell, Sui Juris      : Counselor at Law, federal witness 01
B.A.: Political Science, UCLA;   M.S.: Public Administration, U.C.Irvine 02
tel:     (520) 320-1514: machine; fax: (520) 320-1256: 24-hour/day-night 03
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website: http://supremelaw.com       : visit the Supreme Law Library now 05
ship to: c/o 2509 N. Campbell, #1776 : this is free speech,  at its best 06
             Tucson, Arizona state   : state zone,  not the federal zone 07
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_____________________________________: Law is authority in written words 09
As agents of the Most High, we came here to establish justice.  We shall 10
not leave, until our mission is accomplished and justice reigns eternal. 11
======================================================================== 12
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