Heard thru the gatavines, a Caf‚ member standing tall against the ESF.
Cloaked in secretly, U.S. Treasury Exchange Stabilization Fund (ESF).
All of this commentary are reasons to focus on James Saxton's
ESF Transparency and Accountability Act (H.R. 1540)
to mandate transparency and accountability from the ESF.
The following is a letter written by one of your Caf‚ members
to members of Congress to attract further sponsorship of this Bill:
[Start.]
Dear Senator Hutchison, Senator Gramm, and Congressman Smith,
I urge you to support Congressman Jim Saxton's bill, H.R. 1540,
to reform the secret slush fund of Bill Clinton and Treasury
Secretary Summers (see below).
The "separate but equal branches" requirement of the Constitution
was included to prevent one branch from exceeding its authority.
The secrecy now permitted is an invitation to manipulation
by the executive branch.
Even more troubling is that "Congress is supposed to control
the purse strings", which is clearly not the case
with the secret U.S. Treasury Exchange Stabilization Fund (ESF).
This country was founded on the underlying principles of capitalism
and free markets. Oddly, there was no uproar from Congress when
Alan Greenspan, the (private) Federal Reserve chairman said
in a statement before Congress that, "central banks stand ready
to lend gold in increasing quantities should the price rise."
Why doesn't Congress care when Mr. Greenspan clearly states
that "central banks stand ready to intervene in a free market?"
I am very troubled by the secrecy shrouded manipulations of
the Fed in, quite probably, the gold market and, more than likely,
in the stock market..... is there a "Plunge Protection Team"
consisting of the Fed and the "favored insiders", Goldman Sachs,
Merrill Lynch, JP Morgan, etc?
The smell coming from Washington, the Fed, and Wall Street
is becoming a stench. It is time for honest Senators and Congressman
to demand a return to the rule of law, for all citizens,
including Bill Clinton, the Treasury, Janet Reno, etc.
Reverse America's course toward executive fascism.
Congress is a separate and equal branch.
Demand that the executive branch ahere to the Constituition
and account to Congress for the funds they have.
[End.]
Doug |
