CORRUPT WALL STREET BANDITS FEAST ON U.S. DOLLARS AT BUSH BAILOUT BANQUET CATERED BY PRIVATE FED RESERVE BD, BILDERBERGS, CFR

about author: Dr. Ulysses S. Crocket, J.D. '71 Boalt Hall School Of Law U.C. Berkeley; '73 LL.M. Columbia University Law School; 1985 Visiting Scholar Taxation Yale Law School; 1986 Visiting Tax Legislation Scholar Hoover Institute Stanford University; 1986-present Dean Of Instruction Carlton R. Inniss Oakland Alameda Community Law School, Inc. Uysses Crockett lives in Emeryville, CA home of Steve Jobs Pixar Animation Film Studios.
see, Ulysses S. Crockett, Jr., 'Federal Taxation Of Interest On Indebtedness In Corporate Acquisitions: A Congressional Response In Merger Tax Reform', 10 Indiana Law Review 419 (1976);
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October 3, 2008, A DATE TO LAST IN INFAMY. NIGHTMARE ON INDEPENDENCE AVE., AND K STREET (offices of 10,000 lobbyists for 535 Congresspersons); Wall Street Congressional Executive Bandits, Down; Main Street Homeowners Taxpayers, Out; Securities Trading Violations, Antitrust Law Violations Running Wild; Judicial Enforcement, Congressional Administrative Agency Oversight, Underfunded, Understaffed, On Vacation.
PROLOGUE: 2008 BANK OF INTERNATIOINAL SETTLEMENTS REPORT: World Gross Domestic Product Valued at 60 Trillion Dollars; Worldwide Value of Derivative Securities Trades Outstanding in the amount of 1,000 Trillion Dollars; House Wall Street Congressional Bandit Legislation contains no prohibition against non-asset based derivative securities trading or taxation of transactions thereof. An Associated Press poll of 8 Taxpayer Bailout Bank recipients were requested to supply information regarding how the banks expended the bailout funds. Outrageously in complete arrogance all eight bailout recipient banks refused to supply any information to Associated Press inquirers. Thus far, no information regarding bank bailout recipients fund expenditures has been supplied to the U.S. Congress nor to any other U.S. government regulatory agency.

Without doubt, litigation shall be brought in the ensuing months by disaffected shareholders, retirees, pension fund investors and others who suffered substantial losses occasioned by the intentional or negligent wrongful conduct on the part of bank taxpayer Bailout fund recipients responsible for the current U.S. economic depression. Concerned legal scholars, economists and entrepreneurs are asked to consider advocating a total restructuring of the inequitable disequality tax system in favor of a flat rate wealth tax with coterminous repeal of entity tax at corprate level and enactment of value added tax similar to European VAT models. Entity shareholders should be taxed on net entity revenues whether distributed or not. The artificial distinction beetween "ordinary income', and so-called "capital gians" must be repealed since both types of gain buy the same Whopper Junior. As Yale Law School Professor posited in 76 Yale Law Journal, incease or decrese in stock values should be annualized and tax imposed with or without distribution to maximize tax equity and liquidity in commercial markets.

In addition, such flat rate wealth tax must be worldwide and imposed on any entity or individual doing business in the U.S. to avoid the tax haven foreign domicile-shopping of entities doing business in the U.S. in avoidance of taxation. Equitable fiscal advocates must demand that the Bilderberg-Council On Foreign Relations economic advisors to the incoming Obama administration - Sen. Diane Feinstein, Lawrence Summers, Robert Rubin, Benjamin Shalom Bernanke, Timothy Geithner, Vernon Jordan (Director U.S. Friends of Bilderberg Group), indicted war criminal Henry Kissinger, Christopher Edley, Rahm Emanuel (who retains his Israeli citizenship and brother of an Israeli intelligence agent), Valarie Jarrett, et al- either support equitable taxation restructuring or recuse themselves from U.S. fiscal policy-making, in the interest of justice to the U.S. taxpayer. All these forementioned Bilderberg-Council On Foreign Relations Obama advisers were principle architects of the disastrous ill-conceived economic policies the direct cause of the current U.S. finance collapse and economic depression.

Readers must follow the present litigation of Lehman Brothers creditors against JP Morgan Chase which shall undoubtedly be the most important securities fraud law violations case in U. S. history. Vinee Tong of the Associated Press reports October 4, 2008 that "... (the) Creditors Committee believes Lehman Brothers Holdings Inc. had more than $17 billion in cash and securities held at JPMorgan Chase before its Chapter 11 filing but that JPMorgan Chase froze the assets Sept. 12, three days before Lehman filed for court protection..."

As a result of JPMorgan Chase's actions, Lehman Brothers Holdings, Inc. "...suffered an immediate liquidity crisis that could have been averted by any number of events, none of which transpired," lawyers for creditors wrote in court papers. "In freezing Lehman Brothers assets, JPMorgan Chase was purportedly holding Lehman Brothers assets as a potential offset against any claims," lawyers said. It is submitted by this author that the Directors of JP Morgan Chase should familiarize themselves with the Supreme Court Miranda case requiring defendant's right to remain silent and right to attorney representation.

INTRODUCTION: Bilderberg, Council On Foreign Relations, Federalist Society, Federal Reserve Board Chair, Treasury Sec'y Henry Paulson, selected Senators and Congresspersons listed below engaged these past 8 years in securities trading directly with brokers based on insider information in violation of Securities Exchange Commission Rule 10b-5-1.2. The 2000 version of Rule 10b-5 defines trading "on the bases of" inside information as any time a person trades while aware of material nonpublic information - so that it is no defense for one to say that she would have made the trade anyway. In United States v. O'Hagan, 521 U.S. 612,655 (1997) the Supreme Court explained liability under Rule 10b-5. O'Hagan, partner in a law firm representing Grand Metropolitan, while Grand considered tender offer for Pillsbury Co. O'Hagan used this inside information by buying call options on Pillsbury stock resulting in $4 million profit. O'Hagan claimed neither he nor his firm owed a fiduciary duty to Pillsbury, so he did not commit fraud by purchasinig Pillsbury options. The Supreme Court rejected O'Hagan's arguments upholding his conviction, ruling, "...the "misappropriation" theory holds a person commits fraud "in connection with" a securities transactdion and therby violates 10b- and Rule 10b-5, when she misappropriates confidential information for securities trading purposes, in breach of duty owed to the source of the information." Accordingly, Bernanke, Paulson, Pelosi, Reid, Bernie Frank, John Kerry and other congresspersons and Executive officials must be criminally prosecuted for illegal use of insider information in the trading of securities involving Wall Street bandit finance institutions benefiting from taxpayer paid welfare bailout funds.

1. U.S. Taxpayers must demand the repeal of the 1913 legislation establishing the privately owned, unregulated Federal Reserve System and require U.S. government ownership of the U.S. Central Bank. Such legislation would save trillions of U.S. taxpayer dollars by eliminating payment of dvidends to private shareholder-owners of the unconstitutional Federal Reserve Board which seeks complete takeover of U.S. finance and banking system with U.S. taxpayers paying the corrupt Federal Reserve Board private owner-shareholders for the illegal takeover. U.S. taxayers must be informed that over a period of six days prior to September 24, 2008, Bilderberger Chairman of the Federal Board has removed $125 billion in liquid assets, intentionally locking in short-term cedit markets from the banking system. The result is that more banks will face failure bolstering Bernake's and Treasury Henry Paulson's call for the $Trillion dollar "bailout' Plan. Such actions by Bernanke and Paulson are criminal for which they both must be prosecuted and forced to recuse themselves from any bailout proceedings.

2. The Corrupt Wall Street Bandits Banquet has as waiters, Freddie Mac, Fannie Mae shareholders Senators Harry Reid, Diane Feinstein, House Speaker Nancy Pelosi, Sen. Barnie Frank, House Ways and Means (the tax writing committee) Chair and Federal Tax delinquent Charles Rangel - all serving U.S. taxpayer-purchased dinner main course of sauteed Deregulation-Stuffed-Genetically-Modified-Beef-Bellpeppers. Immediately the Securities and Exchange Commission must adopt a rule prohibiting trading in derivative instruments labeld as Credit Default Swaps, so-called Reverse Floaters. In the Savings and Loan government bailout, underlying assets were real existing property, shopping centers, et al. The present proposed Wall Street bailout assets are valueless paper securities unknown as to location, holder identity, description of underlying asset, if any. Both the House and Senate versions of the proposed legislation constitute unpatriotic, unconstitutional denial of due process and equal protectioin rights of U.S. taxpayers.

3. PRESIDENTIAL OFFICE STAFFERS, TREASURY DEPARTMENT ADMINISTRATORS, CONGRESSIONAL LEADERS ARE CORRUPT, ALONG WITH WALL STREET EXECUTIVES AND SHAREHOLDERS AND SHOULD ALL RECUSE THEMSELVES FROM ILLEGAL TAXPAYER BAILOUT PROCEEDINGS: Financial data available from the public record indicates that Bush Executive administrators and staffers, Congressional leaders and members, Treasury Department Officials, privately owned Federal Reserve shareholder banks and individuals - all have unlawfully traded in securities, sub-prime mortgages, unregulated hedge funds, short -sale transactions - based on insider information in contravenition of Securities And Exchange celebrated Rule 10(b)(5). SEC Chairman Charles Christopher Cox's proposal to enforce prohibition of short-selling was announced in August 2008 and thereafter, presidential candidate and "Keating Five" 1998 Savings and Loan Fraud scandal principle, John "Arizona Jones" McCain, called for Cox's resignation only to be chagrined by public disclosure that his campaign economic advisor was being paid $15,000 per month by federal beneficiary Freddie Mac up until August, 2008, doing no work for the payments, a clear illegal conflict of interest. It should be noted that Justice Department Attorney Designee Eric Holder acted as legal counsel for Freddie Mac and Fannie Mae during the pre-collapse period, defending Freddie Mac and Fannie Mae for illegal waiver of its own loan to asset ratios when licensiing private banks, invesmenet banks and broker mortgage banks to underwrite mortgages to non-credit worthy mortgagors. The reader is asked whether or not Holder, as Attorney General, will prosescute the Fannie Mae and Freddie Mac executives responsible for the unlawful waiver of statutory loan to asset rules set forth in their respective charters, since thks executive intentional or negligent conduct is direct result for the bankkruptcy of Fannie and Freddie Mac necessiting taxpayer bailout funds. The following federal officials must all recuse themselves from participation in any Wall Street bailout proceedings because they have all engaged in illegal conflict of interest conduct over the past eight years for which criminal charges may be brought;

a. NANCY PELOSI, Speaker of House: Pelosi's last financial disclosure statements reveals Pelosi owns $100,000.00
stock in American International Group (AIG) beneficiary of an August 2008 federal taxpayer bailout. Pelosi must face criminal charges for securities fraud and insider trading under SEC Rule 10(b)(5);

b. SEN. JOHN KERRY: Sen John Kerry and 50 other members of Congress own between $250,000.00 -$500,000.00 of AIG stock and should all be prosecuted for insider trading, securities fraud in violation of SEC Rule 10(b)(5), inter alia;

c. Congressperson Hayes holds substantial AIG stock and should be prosecuted as mentioned above;

d. The spouse of Sen. John "Arizona Jones" McCain has trust which owned stock, recently liquidated in Fannie Mae, Freddie Mac, Lehman Brothers, all beneficiaries of the illigal taxpayer bailout. Both should be prosecuted for insider information securites fraud;

e. McCain economics advisor Phil Gram was author of 1999 legislation, signed by Bilderberger president Bill Clinton repealing the Glass-Steagall Act, which prohibited commercial depository banks from engaging in securities trading and unregulated hedge fund and commodities oil futures trading; Phil Gram should be criminally prosecuted for insider trading and securities fraud;

f. U.S. TREASURY SECRETARY HENRY PAULSON: In 2005 Henry Paulsen, drafter of the Bush U.S. taxpayer bailout plan in which Sec. 8 thereof gives Paulson sole authoty for admiinistration of plan with immunity from judicial and congressional scrutiny, received a $38,000,000.00 bonus from Goldman Sachs recently converted to a commercial bank in order to benefit from U.S. taxpayer bailout proceeds. Paulson should be impeached or otherwise removed from office and prosecuted for securities fraud and insider trading under SEC Rule 10(b)(5);

g. U.S. taxpayer-voters must be reminded that for the past 8 years of Bush-Paulson administration, the top 400 U.S. taxpayers received wealth and income increases in the amount of $650,000,000,000.00, close to the $1,000,000,000,000.00 U.S. taxpayer bailout funds sought under the illegal Paulson-McCain Wall Street bailout proposal;

h. The exeutives of five corrupt Wall Street Investment Banks, now all absorbed, bailed out by U.S. taxpayers or otherwise sold to private domestic and foreign buyers include: Bear-Stearns, Lehman Brothers, Morgan Stanley, Merrill Lynch, Goldman Sachs. In 2007 year alone, executives of these five corrupt investment banks received a total of $39,OOO,OOO,OOO.00 in bonuses, much of which benefited from Bush "capital gains" and dividend tax cuts. The U.S. Congress and Justice department must appoint an independent counsel to prosecute any possible fraud and other illegal conduct on the parts of these executives, Bush administration officials and congresssional leaders;

i. ROBERT RUBIN Bilderberger and former Clinton Secretary of Treasury engineered the U.S. financial bailout of Mexico which bailout was and is a failure. Rubin is also former executive of failed investment bank Goldman Sachs;

j. The 1931 Hoover bank bailout failed. The 1989 Japan bank bailout failed. there exist no government central bank bailouts that have been economically successful;

k. Worth repeating is the demand that the unconstitutional privately owned Federal Reserve Board must be natinalized and the unconstitutional 1913 staute authorizing its creation should be repealed. U.S. taxpayers must own their Central bank and the currency issues. John F. Kennedy attempted establishment of U.S. Government-owned Central Bank and authority to issue its own currency, United States Notes which are Bills of Credit, redeemable in payment of government taxes and other dues due to the government, thus by- passing the privately owned federal Reserve, through Executive Order 11110 executed June, 1963. The Federal Reserve System private owners threatened to veto some of Kennedy's legislation by not creating money to finance the legislatve objecttives. See Patman, Wright, et al. "A B C's of America's Money System", Congressional Record of the United States...Monday, August 3, 1964, a most valuable document. Five months later, John Kennedy was murdered in November 1963. One month after Kennedy's assassination, on December 31, 1974, president FBI agent Gerald Ford - (as member of congress and member of Warren Kennedy Assassination Commission, it is a matter of public record that Commission member Gerald Ford illegally and secretly made daily reports to FBI Director J. Edgar Hoover about details of each day's Commission Hearings. Readers are also reminded that Commission Chair Chief Justice Earl Warren was also a secret FBI agent reporting regularly to FBI Director Hoover about details of Commission proceedings, such reporting contituting criminal violaton of U.S. Constitution and federal statutory law) - issued Executive Order 11826, effectively revoking Kennedy's Executive Order 11110;

4.THE UNCONSTITUTIONAL FEDERAL RESERVE has 47 Laer Jets, $400,000,000.00 art collection in its headquaarters offices including a full time paid curator for the art collection. Private owner shareholders of the Federal Reserve are paid annually a 6 percent dividend on its profits. The Federal Reserve Statute must be repealed by Congress in order for these unconstitutional payments to be suspended;

a. U.S. TOTAL ACCUMULATED DEBT now ranges between $14,000,000,000,000.00 - $40,000,000,000,000.00 (trillions). Moreover the Resolution Trust Corporation, which was established to oversee the Neal Bush, John McCain Keating Five Savings & Loan Failure Government Bailout, has not yet been fully paid off; the principle of no successful government bank bailouts remains in effect.

b. BILDERBERGER LAWRENCE SUMMERS, FORMER WALL STREET BANKER AND HARVARD PRESIDENT, CLINTON TREASURY OFFICIAL AND TREASURY SEC'Y ROBERT RUBIN, both signed off on the 1999 Phil Gram Financial Deregulation Act which permitted corrupt Wall Street speculators to create the present sea of worthless derivatives, Credit Default Swaps, hedge funds and explosion in short-selling of securities, resulting in financial collapse of U.S. economy. The U.S. Treasury under former Goldman Sachs executive Henry Merrit Paulson must now seek to borrow minimum of $3,000,000,000,000.00 to bailout the Wall Street bandits, a sum no investors, domestic or foreign, are willing to loan to the bankrupt U.S. government. In fact, with the minimum of $14,000,000,000,000.00 outstanding U.S. debt, creditors such as Japan and China which hold trillions of dollars and U.S. Treasury notes, may commence foreclosure proceedings against the United States, whether or not the United States government unilaterally defaults on its outstanding foreign debt as did Russia in the '90s precipitating the Long Term Capital Management Hedge fund failure; The Long Term Capital Management failure was bailed out by the U.S. Treasury under direction of then Sec'y Treasury and war criminal George Schultz, now at Stanford University's Hoover Institute of which this writer is 1986 alumnus. Treasury Secretary Henry Paulson has a difficult choice - either pay foreign creditors or bailout the corrupt Wall Street bandits whose unlawful theft of U.S. Treasury created the debt crisis ab initio. So far, Paulson and president candidate John "Arizona Jones" McCain have both pursued the latter catastrophic course;

c. Parenthetically, President candidate John "Arizona Jones" McCain is in violation of Federal Election law by borrowing against Federal Election funds, expending such funds without repayment, utilizing election law loopholes to raise additioinal funds while still seeking additional federal election funds. The Federal Election Commission is short of appointed officials and thus has refrained from attempting to respond to interested parties seeking the Federal Election Commission enforcement of duly enacted legislation to impose appropriate fines on John "Arizona Jones" McCain for gross violations of federal election law

5 . THE BOGUS DISINFIRMATION ARGUMENT THAT A WALL STREET ENTITY IS TOO BIG TO FAIL. SUCH ENTITY IS TOO BIG TO EXIST AND ANTITRUST LAWS SHOULD BE ENFORCED TO PROHIBIT OLIGOPOLY ENTITIES FROM ENGAGING IN PREDATORY MARKET CONCENTRATION ANTI-COMPETITIVE CONDUCT.
Section 2 of the 1890 Sherman Antitrust Act provides, inter alia, "...the abuse of monopoly power is per se illegal", and should be enforced against the corrupt Wall Street bandits. Section 5 of the 1914 Clayton Act proscribes anti-competitive conduct, price-fixing (Robertson-Patman Act amending Clayton), illegal tying conracts, geographic division of markets, passim. Injured competitors, the Securities Exchange Commission and the Federal Trade Commission, though underfunded and understaffed must, as a priority of natiotnal security, enforce these forementioned antitrust laws to prohibit the patently illegal predatory practices of the known Wall Street Bandits. A bankrupt United States cannot fight two wars in Iraq and Afghanistan, expending $12 billion per month, operate military bases in 150 of the world's total of 180 countries without risking becomming a so-called third world failed state within the ensuing three years.
The concerned U.S. voter-taxpayer is reminded that any Wall Street Financial bailout is totally unncessasry. Private buyers, domestic and foreign, exist to purchase failed and failing entities, contrary to the disinformation fear of liquidity misrepresentations by Paulson, Sen. Bernie Frank, House Majority Leader Harry Reid, House Speaker Nancy Pelosi, Sen. John "Arizona Jones" McCain, Sen. Barak Obama - all of whom have conflict of investment interest in the Wall Street bandit financial institutiions subject of U.S. taxpayer-funded welfare bailout. For example:

a. AIG, after reflection decided not to accept offer of purchase by the unconstitutional privately owned Federal Reserve Board when it became apparent AIG could obtain a bettor offer from private buyers. Moreover, no language of the 1913 Federal Reserve Act permits the Federal Reserve to extend loans or to purchase equity interests in private investment bank entities or guarantor insurance entities such as AIG. Accordingly, the Federal Reserve Board directors and Chairman Ben Bernanke have all acted illegally in recent bailouts of corrupt Wall Street entities and should be criminally prosecuted therefor. Like academic legal education pre- WWII German nazi collaborators, the silence in response to this criminal U.S. biggest bank robbery in U.S. history, by the American Bar Association, U.S. law school deans and so-called Constitutional law professors as U.C. Berkeley's Jesse "chump change" Choper- is shameful and unconscionable. The late great jurisprudence Professor Harry Jones of Columbia University Law School is turning over in his grave at the abandonment of the Rule of Law by the U.S. academic and professional legal community which institution they are all paid to protect.

b. Failing investment Bank Goldman Sachs found investors to assist in its conversion into a federally "protected" commercial bank;

c. Failing Bank Washington Mutual found a buyer in J.P. Morgan Chase;

d. Failed Indy Bank and Country Wide Bank were purchased by Bank America;

e. Failing Wachovia Bank's operations assets have been purchased this date 9-29-2008 at $1.00 per share
by Citigroup.

6. Martin D. Weiss, Ph.D. of 'Money and Markets' proposes that "...Congress focus less on bailing out imprudent institutons and more on fortifyng the safety net of individuals caught in failed financial institutions". Specifically Weiss urges the following:

a. "Fully fund and staff the Federal Deposit Insurance Corporation in preparatioin for possible multiple future bank failures like Washington Mutual which suffered $2 billion in withdrawals over the past eight business days";

b. " Close major gaps in the coverage provided by Securities Investors Protection Corporation (SPIC) to ensure investors are not denied access to their accounts when asset liquidation is sought in a falling market". Obviously this remedy is targeted at the minority of securities holders rather than the majority of homeowner-mortgagors who own few securities assets.

c. Congressional "...consideration of federal insurance to cover policy holders in failed insurance companies". In this connection, note this day 9-28-2008, bailout negotiators rejection of the Republican Party proposal for federal insurance of Wall Street Casino Bandit toxic debt secutities, instead of direct federal purchase of failing institution debt. Assuming state insurance commissioners - in the famous words of Oakland, CA builder Joseph R. Williams, Sr. - "do their jobs" and competently enforce their respective insurance regulatory oversight of companies, this remedy may be of lesser importance.

7. The population of the United States is 300,000,000 souls. Should the Congressional and Executive Agency criminal collaborators with the Wall Street Bandits legislate a bailout in the amount of $1,000,000.00 per U.S. soul, the total investment qua expenditure would amount to $300,000,000,000,000.00 and the U.S. economy would be healthier with financial liquidity available to law abiding private institutions.

8. IN SUMMARY, NO TAXPAYER-FUNDED WELFARE WALL STREET BAILOUT IS NECESSARY AT ALL. The so-called capitalist private Wall Street Casino bandits should be let alone to sink or swim in their own toxic, fraudulent-laden, debt-ridden ocean. Note, Bilderberg Criminal Credit Default Swatp Short-seller AIG investor Treas. Sec'y Paulson plans to hire
Wall Street bandit bankers as administrators of any welfare corporate bank bailout plan. Congress must prohibit this planned hiring of Wall Street thieves and mandate appointment of special court approved conservator-administrators
from the independent legal and academic communities to obviate conflicts of investor interests. U.S. taxpayers must demand State Insurance Commissioners and Attorneys General indict and prosecute, civilly and criminally, executives and directors of Bandit Bailout recipients

9. Concerned scholars, taxpayer-voters and state, county attorneys general should review the Barron's publication of former Federal Board Chair Alan Greenspan's New York University Thesis consisting of a compilation of speeches on housing price inflation. Greenspan and New York University withdrew the thesis from review shortly after submission at Greenspan's request, an unprecendented procedure for a doctoral thesis submitted to an otherwise ethically sound university.

10. In a completely arrogant insult to the U.S. taxpayer-voter financial victims of the fraudulent, unconstitutiional proposed House bailout, the legislation contains the following ubiquitous omissions and failures:

a. The proposed bill is pregnant with language verbs "may" rather than "shall";

b. No serious restrictions on CEO beneficiaries executive pay and bonuses;

c. No congressional control to terminate bailout funding if unsuccessful. Instead, proposed bill only "requests" Executive to submit plan for possible remedial legislation a postiori;

d. No Bankruptcy law amendment to protect home mortgagors to mandate lender restructuring of loans allowing homeowners to remain in their homes. Thus the rash of foreclosures will continue apace and the bailout legislation is a failure from the start. Apparently, there has never been a congressional intent to assist homeowners facing mortgage foreclosure.

e. As Dallas Federal Reserve Bank governor Richard Fischer commented, the proposed bill fails to address the William Clinton-Phil Gramm-Timiothy Geithner (ill-advised proposed Treasury Dept. Secretary) 1998 so-called 'Financial Modernation Act' repealing the Glass-Steagall finance institution deregulation legislation, such repeal the primary cause of today's U.S. Wall Street casino collapse.

11. It is unconscionable, albeit illegal, that congress has held not a single hearing analyzing the proposed legislation, with no analytical reports by the Congressional Budget Office, Executive Office of Management and Budget, Henry Paulson's Department of Treasury, Timothy Geithner's New York Federal Reserve (the architect of the Wall Street bank financial failures), General Accounting Office, Department of Justice, Federal Deposit Insurance Corporation (itself facing financial failure), Benjamin Shalom Bernanke's Federal Reserve Board, notwithstanding this being the most expensive bailout treasury taxpayer theft in United States History. Ulysses Crockett swears and affirms the matter contained herein is true and correct and invites any individual or entity to litigate the veracity of matter herein contained in any court of competent jurisdiction, state, federal or international.

12. Karl Deninger reports that it is Indictment Time for Treasury's Henry Merrit Paulson and privately-owned Federal Reserve Board Chair Benjamin Shalom Bernanke. See http:''market-ticker.denninger.net/archives982-Paulson-Bernanke-Indictment-Time. Denninger writes: "As the CEO of a public firm you don't work for the government, whether you think you're some "left arm adjunct" or not. You work for the holders of your stock and debt - period. On this matter the law is clear, and the government, even post-TARP, had a minority stake." Denningder is writing five months after the original edition of this author's commentary was written.

13. On March 17, 2009 New York Attorney General Andrew Cuomo forwarded a letter to Bank America's Kenneth Lewis seeking information about the unlawful payment of executive bonuses from taxpayer TARP taxpayer bailout funds. Bank America's Lewis testified that Benjamin Shalom Bernanke and Henry Merrit Paulsen (then Treasury Secretary) forced Lewis and Bank America to purchase Merrill- Lynch. In addition Bloomberg, LP is suing Benjamin Shalom Bernanke and Board of Governors of private Federal Reserve Board for refusing to provide information as to the recipients of $2 trillion dollars of taxpayer bailout funds and the identity of the underlying assets, if any, securing the bailout fund transfers. The case is being heard in Federal District Court of New York, Southern District, filed in March, 2009 and should be followed by all advocates of the Rule of Law.

14. Paulson was first reported to have been ordered by Bernanke to threaten to oust Bank America's Lewis if Lewis did not purchase Merrill-Lynch. Presently, Henry Merrit Paulson has recanted what he testified to Attorney General Andrew Cuomo. Either Lewis is lying or Paulson and Bernanke are lying which constitute violations of the Federal RICCO racketering statutes, SEC Rule 10-b-5, earlier noted, Sherman and Clayton Anti-trust Acts and applicable federal statutes.

QUOD ERAD DEMONSTRADUM
Dated: October 2, 2008 at Emeryville, CA 94608; October 7, 2009;