Time: Wed Dec 03 00:06:16 1997
To: dschell@ac.net (Doug Schell)
From: Paul Andrew Mitchell [address in tool bar]
Subject: SLF: No more bailouts: My program for economic recovery.
Cc:
Bcc:
References: <3.0.3.16.19971202134356.31ff3292@pop.primenet.com>
Do YOU have anything else to say about it?
/s/ Paul Mitchell,
Candidate for Congress
http://supremelaw.com
At 09:27 PM 12/2/97 -0500, you wrote:
>Thank you for your thoughts.
>
>Doug
>
>On Tue, 02 Dec 1997, Paul Andrew Mitchell
>[address in tool bar] wrote:
>>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
>> OF EXEMPTION FROM WITHHOLDING IN LIEU OF W-4,
>> 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
>>http://supremelaw.com
>>
>>
>>
>>
>>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?
>>>
>>>Doug
>>>
>>>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
>>><haffs@river.it.gvsu.edu>
>>>To: linda <linda@networkusa.org>
>>>Subject: No More Bailouts--Abolish the IMF!
>(fwd)
>>>
>>>
>>>NO MORE BAILOUTS -- ABOLISH THE IMF!
>>>
>>>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
>>>Sachs!
>>>
>>>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
>>email: [address in tool bar] : using Eudora
>Pro 3.0.3 on 586 CPU 04
>>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
>> Postal Zone 85719/tdc : USPS delays
>first class w/o this 08
>>_____________________________________: 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
>>[This text formatted on-screen in Courier 11,
>non-proportional spacing.] 13
>>
>>
>>
>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)
>
>
>
>
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