UNLAWFUL BANK BAILOUT
The current fiasco of bailing out failed banks and
savings and loan associations using our tax dollars is the
biggest con game ever put over on the American people.
THERE IS NO AUTHORITY IN THE CONSTITUTION TO BAIL OUT
ANY BANK! In fact, we gave no permission for the feds to be
in any form of banking. That includes the Federal Reserve,
FDIC, FSLIC, World Bank, Export-Import Bank, International
Monetary Fund, even the BCCI or any other name they care to
author. Absolutely none! The word bank doesn't even appear
in the document. So where the hell do they figure it will
cost the taxpayers several hundred billion dollars to bail
out these crooks?
Let's accept that the clowns and crooks working for the
federal government consider all Americans as lame-brained
country bumpkins. We know nothing about the legal workings
of our government (true) and even less about the intricacies
of finance (also true).
But we all should have the intelligence and common sense
to be able to distinguish between honest government and the
crooked and illegal dealings we see in the media everyday.
The United States Constitution is the ONLY authority for
operating the federal government. It could be considered an
owners manual for our government. WE (that means you and I)
granted certain powers for the business of government making
it the fundamental law of the land. The ONLY way Washington
can change their mode of operations beyond what we permitted
is to ask permission from US through the amendment process.
We ORDERED everyone (elected or appointed) working for
government to swear (or affirm) to GOD that they will support
the document. And, WE further specified that the Constitu-
tion is the SUPREME LAW of the land. All laws, rules,
ANYTHING dealing with operating the federal government has to
conform to the authority contained in that document. There
are no exceptions to this.
After our forefathers ratified the Constitution, people
did not trust big government. They demanded, and received a
Bill of Rights amending the document.
This is really not a bill of rights as such but is an
absolute restriction on the operation of the federal govern-
ment. The 'thou shalt nots' are throughout the first ten
amendments. And the Tenth Amendment points out clearly that
the feds CANNOT assume or exercise any power WE did not
grant in the first place. OK . . . so what's going on?
Now they say that it will take between 400 and 500
billion (that's dollars, with a B!) to bail out the savings
and loan 'industry'. They are also very quick to tell us the
taxpayers will have to pick up the tab for the bailout. This
is about the biggest fraud ever foisted on Americans . . .
and there have been many. Why hasn't the media told us that
it's a lie? Is the media still the proverbial watchdog or
are they now part of the problem?
Our lawyer friends in Washington love to throw around
the astronomical figures . . . makes them feel important, I
suppose. Let's put a billion in perspective so we can
understand it . . . a billion seconds ago, we did not have an
atomic weapon. A billion minutes ago, a man called Christ
was walking around the Dead Sea teaching a new religious
doctrine. And today we hear trillions???
Let's examine some of the more blatantly unconstitution-
al banking practices in the US. We already wrote extensively
about the Federal Reserve System in Vol 1 (The Traitor Within
the Gate.) It's still illegal . . . no change there.
Now let's look at a couple more . . . The International
Monetary Fund, World Bank, International Bank for Reconstruc-
tion and Development, Farm Credit Administration, Farmers
Home Administration, Commodity Credit Corporation and the
list goes on and on.
The International Monetary Fund (IMF) and the Inter-
national Bank for Reconstruction and Development were created
during the Bretton Woods Conference in July 1944. Although
supported by the United Nations, the IMF is a private
organization. But they do use our tax dollars . . . (what
else is new) to spread joy around the world. It is essen-
tially a US bank since it is mostly our money and our
decisions as to whom the money is given, either as loans or
outright grants. How would you like a few million dollars of
taxpayers money as an outright grant?
What was that statement in the last paragraph? It is a
private organization and they use our tax dollars? Just how
in hell did they arrange that? I certainly wouldn't mind
setting up a private organization and use billions of
American tax dollars to spread around the world. Of course
it would mean I would be living high on the hog. I wouldn't
have any problem dreaming up all sorts of 'perks' for myself
and family . . .
Now we are going to give 28 billion for starters to 8 or
9 'republics' of the former Soviet Union. More of our tax
dollars at work . . .
In spite of their slanted glowing reports in encycloped-
ias, they are illegal as hell. There is not one iota of
authority for our government to be in any banking business
. . let me repeat that . . . NO AUTHORITY. And they run
around just looking for countries to GIVE our money to . . .
what a crock! What makes deficits? We HAVE to get these
people out of the banking business and make them obey the
Supremacy clause of the Constitution. They are well
entrenched but we need to throw a monkey wrench into the
entire operation of illegal banking.
Now, reports are surfacing that all candidates prior to
the 1988 presidential elections knew all about the pending
failure of the banks and savings and loans. Dukakis made a
slight mention of it during campaigning and immediately had
visits from people running the banking committees at the
funny farm. Can't let the people know that we know about
this before the elections or everything will come undone.
But think back . . . when did they first reveal the banking
We hear warnings that the price tag will be higher
'should the economy falter'. And who will cause that? The
illegal practices of government or you and I?
Now, to show how business orientated the Congress is,
they have 'created' the Resolution Trust Corporation. The
RTC is supposed to dispose of all the bank property which has
been seized from banks they have 'bailed' out. What a crock
again . . . Look throughout the Constitution and see if you
can find the power to create a government corporation . . .
give me a break. 800 numbers, on site financing. "74
Commercial Properties Valued at nearly $30 million." We all
have seen these glowing advertisements.
See how our 'friends' at the funny farm are lowering the
unemployment rate? More big paying jobs for their lawyer
friends . . . without a shred of authority in the document!
400 billion dollars or even one dollar . . . where do
they find the right to spend our tax dollars when we didn't
say they could do it? If they have magically found authority
somewhere, why haven't they bailed out some of the Mom and
Pop businesses which have gone belly up? Is it because
these small businesses don't kick in millions of dollars
to politicians for their reelection funds or their slush
funds or their bribe kitties?
Now being exposed is a real money scandal . . . (also
partially covered in OUR ROYALTY chapter) involving the
little George campaign and the republican party. It seems
that Bush has a club known as the '100 Club'. All members
are those who have contributed over $100,000 to the reelec-
tion funds of the republican party. These funds apparently
are distributed by the republican party hierarchy and will
include little George. In this way, they are circumventing
laws restricting the amount of money that may be donated.
Now when these people donate that kind of bucks, they expect
a payback . . . only normal. Wouldn't you?
And the payback for these secret big money wheeler and
dealers has been lucrative . . . special favors, special
watering rights, grain deals and laws being bent to allow
millions of dollars to be realized for their donation. Yet
to hear them tell it, the administration doesn't do things
like that, only the Congress is guilty of shady dealings.
Now let's take a look at some real crooked banking
practices and shady cover-ups from top to bottom in the funny
farm known as Washington, DC . . . this horse caca called
the BCCI scandal. This is going to be a humdinger when all
the nonsense comes out! From the Presidents on down the
ladder . . . and you and I are again left holding the short
end of a slimy stick. CIA, FBI, Congress, Justice Department
. . . all involved. Now lets see if it finally involves our
protectors, the mystical men in the black robes . . . want to
make a bet?
On a Sunday morning show on NBC, (Mar '92) a full one
and a half hour report on BCCI really began to stir the pot!
A 'spokesman' from the Justice Department, who was obviously
supposed to smooth the frayed edges of this thing, got so
flustered he was stuttering. And he never answered the
question as to why there was a lack of prosecution on their
He kept insisting that the Justice Department indicted
'X' number of individuals . . . must have been a slip of the
tongue. Justice Department has NO power to indict ANYONE!
The only ones who can issue an indictment is a grand jury who
are required to do their own independent investigation.
Further control of those grand juries by the 'Justice'
Department? Do they even know what the word justice means?
This is really beginning to smell.
Mention was made that the news investigators believe
most of the legal profession in DC will be involved in this
scum. That is why they feel there has been such foot
dragging on investigation of those implicated with BCCI. You
don't really thing lawyers would do anything illegal
concerning money, do you?
The foot dragging is getting worse now. Reports are
surfacing that the Justice Dept is holding up indictments, in
some instances, refusing to issue indictments and generally,
doing whatever they want to hold up or slow the investiga-
tion. This is our justice department folks. . . now it's
being called a rats nest of corruption. Do these people even
know the meaning of the words justice or just? I doubt it!
It's been revealed that this crock has been going on
since 1981. Let's see, who was president then? Oh yes,
Nancy. And our 'leader' little George was vice-president.
The news investigation has him deeply involved in it . . .
special considerations given to his son on oil deals in the
Gulf area . . let's see, that was BEFORE Bush decided to go
into Iraq, wasn't it?
Let's see how honest these yoyo's are with their own
money. Did you know they have their own bank in the House of
Representatives? (This is really 'old news' now but I've
left it in the book so people are reminded of some of the
crookedness pulled by our public servants.) Latest news
reports reveal that our 'leaders' (and I use that word
facetiously) have written over 20,000 bad checks over the
last three years. One crook wrote about 1000 totaling more
than one million dollars which were covered by the House
Bank! They say our money was not used to back up those
checks but we know they are not always truthful. Have you
ever been in a small county court where some poor overwhelmed
Hispanic girl is being charged with 'Theft by Check' and seen
what the fine or punishment are? Of course, that involves an
ordinary citizen, not a member of Congress. And it usually
involves under 100 dollars . . . not millions.
It doesn't have to be Hispanic . . . could be black or
white or yellow . . . it's just that I have seen the whipped
look on poor Hispanic girls!
Is this why we pay taxes? Is this the reason the IRS
can be and is so brutal so our elected 'representatives' can
bail out their buddies? Why is it that prosecutions are so
scarce? Are these 'pillars of the community' really guilty
of a crime? Or are you and I guilty of not watching these
The word 'representative' should be taken with a grain
of salt . . . they don't represent me . . . how about you?
Really, they represent no one other than themselves, and if
need be, their buddies in that mutual admiration society
called Congress. They reluctantly watch out for others in
the common admiration aristocracy in DC but primarily,
Congress watches out for congress.
We have been snookered and taken. They are stealing
money from every person in this country. If you thought it
was illegal to steal, you haven't paid much attention to what
is going on in government. They have made a profession of
it. Government tells you and I that individually it is
morally and legally wrong to steal. Then what gives us the
right collectively, as a group called government, to do it
legally? Power and might? Or is it because we allow it?
The culprit in this chicanery is the Congress. The
executive and judicial branches must also share blame since
no one has tried to stop this debacle and they are enjoying
the fruits of illegality. How can they say that they didn't
know this was illegal when they constantly tell us that
ignorance of the law is NO excuse? What do you suppose is
their excuse? Is different because they are all lawyers?
Some only more equal than others?
This is another opportunity to flood these clowns in
Congress with Petitions for Redress of Grievances. As
before, not a few hundred, but millions of petitions. Send
one on every grievance you have against the operation of our
federal government. Let's tell them how fed up we all are
with the illegal operations in DC. There is an ASCII file of
a Petition on this disk. Print it out, fill it out and tell
them this gobbledygook has to stop! I personally see no
reason to be polite with these crooks. They don't deserve
The irony of all this is the FBI comes out with a
special report that violent crime is on the increase. It's
obvious that crime in government in DC is on the increase
too. The people in the streets now have the perfect example
You and I do have the final clout . . . our vote! First
we must recognize that we do have a problem, and you must
admit $500,000,000,000 qualifies as a problem. Let's get rid
of our apathy and vote ALL of these yoyo's and crooks OUT OF
OFFICE! Old Abraham Lincoln said this was a government 'of
the people, by the people and for the people'. Let's get
involved and save not only our money, but our country as