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September 30, 2008

USDC Order Obstructing Bailout Lawsuits
Appealed to U.S. Court of Appeals

An emergency appeal challenging a ruling by the U.S. District Court in Albany denying two requests for emergency injunctions to halt the Wall Street bailouts was filed today in the U.S. Court of Appeals for the Second Circuit in Manhattan. As the bailout crisis evolved rapidly over the last ten days, We The People Foundation Chairman Bob Schulz filed two lawsuits seeking to block the bailouts by challenging the underlying authority of the Government.  

The appeal seeks to overturn a ruling late last week by the District Court gutting requests for an emergency hearing at which representatives of the U.S. Treasury, Federal Reserve and U.S. Congress would have been forced to publicly produce evidence establishing the Constitutional and/or statutory authority permitting the AIG and $700 billion bailout packages.

Without addressing the underlying issues, the District Court (erroneously) ruled that the lawsuits failed to properly assert the federal jurisdiction needed to issue a Temporary Restraining Order (TRO).

Key to both lawsuits is WTP's assertion that Congress lacks any Constitutional authority to delegate any power to Treasury to utilize public taxpayer funds for fundamentally private purposes. In the first lawsuit filed September 18th, WTP sought to enjoin the $85 billion bailout of privately owned insurer American Insurance Group (AIG), which was initiated without any Congressional authorization whatsoever.

Click here to read:  Appeal Memo of Law   Schulz Declaration   Draft of ESSA Legislation 9-28-08 

Our Fight Needs Your $

As you might imagine, the ongoing efforts of the WTP organization to hold Government accountable to the Constitution through judicial confrontation and constitutional activism cannot be accomplished without your continuing support.

Just this past week, WTP Foundation expended almost $1200 in federal court filing fees alone -- the two federal lawsuits discussed above ($350 each) and the federal appeal that is the subject of this update ($455). These legal actions make up just a small fraction of the federal litigation activities WTP initiated during the past year and do not reflect any of the significant operating and administrative expenses that WTP incurs on a day-to-day basis that enable it to continue this important work.

Please support our work and consider making a tax-deductible donation to the WTP Foundation or joining the WTP Congress.

Bailout:  Tell Congress What You Think:

The We the People Congress encourages everyone to contact their Congressional representatives and tell them what you think about the bailout.

We strongly encourage personal phone calls and faxes, rather than emails. Don't forget to call your representative's local District offices located throughout the 50 states.

Click here for a .txt file of FAX numbers of Senators and Representatives.

Click here to find local phone numbers and other Congress contact information
(lookup info by map, zipcode, etc.)

Here's the main Capital Switchboard number in Washington: 202-224-3121

Here are the TOLL FREE Capital Hill switchboard numbers:


Revolution Resources:

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