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To: d:oug who wrote (70923)5/31/2001 8:45:38 PM
From: d:oug  Read Replies (1) | Respond to of 116764
 
"... the man has lost it... madness... God help us. MIDAS May 31

Me hoping to see the following,
groups.yahoo.com
...
'Midas' commentary for May 31, 2001 - GATAComm@...
...
for in my opinion the "Smoking Gun" has been found,
and its not the smoke from that gun that has already
delivered destruction to a free gold market, as these
guns that have for many years now shot down any
rise in the gold price are in themselves only weapons
to guard and protect a "Smoking Gun" that is more
of a gamble by Powers that Be using the support of
those in governments to obtain wealth & riches the like
heard about in stories where kings had rooms full of
valuables that exceed imagination. The gun is not
a weapon, but a ill gotten situation using the corrupt
and criminal activity of many that have obtained from
their services a degree of ill gotten power and influence.
This gun can not project anything of value to others
outside the involvement, but it can explode if not managed,
like a huge bomb that will level and take down innocent
people close and far away. Smoke from its blow-up
will be more like that radiation from an nuclear bomb,
to spead and fall and remain with a long half life.

Rather than look for a smoking gun it might be better
to view the forest of manipulation, and when one
cannot see the forest because there are too many
trees in the way, then look for not a smoking tree,
but the biggest & tallest tree and see if those smaller
and shorter trees surrounding it were created to hide
and protect that single tree which was planted first
and then seeded those trees to surround and hide it
and keep it view low key and out of the attention
using those zillion small trees bushes and weeds
to tangle and slow anyone from an approach to see it.

[start.]

Le Metropole Cafe
The James Joyce Table
Gold, Commodities,
Midas du Metropole
Topic du Jour
May 31 - Gold $265.50 down.....

... inmates are running the asylum.

... to do what they have done to gold
and then argue for a J.P. Morgan/Chase
to regulate their own 16 trillion dollar
interest rate derivative book is madness.
God help us.
MIDAS



To: d:oug who wrote (70923)5/31/2001 9:02:27 PM
From: d:oug  Read Replies (1) | Respond to of 116764
 
Subj: Reg Howe Responds to Alan Greenspan and Treasury Secretary O'Neill

Date: 5/31/0
From: LePatron@LeMetropoleCafe.com

"... can be read at his goldensextant.com web site."

Civil Action No.
00-CV-12485-RCL
Reginald H. Howe, Plaintiff
v.
Bank for International Settlements, et al.
Defendants.

PLAINTIFF'S QUALIFIED OPPOSITION.....
... MOTIONS TO DISMISS

Argument

I. THE O'NEILL MEMO TRIES TO OBSCURE
THE BASIC LEGAL AND CONSTITUTIONAL ISSUE,
WHICH IS WHETHER THE SECRETARY OF THE TREASURY
CAN USE THE ESF TO MANIPULATE GOLD PRICES.

With respect to...
... the plaintiff does not rest his claim
... simply on his use of the ESF "to deal in gold"
... under certain circumstances... may be permissible
... but on his use of the ESF... of manipulating gold prices.

Nor does the plaintiff assert...
... the Constitution does forbid...

Far from questioning "the power of Congress to regulate
the dollar value of gold" (O'Neill memo at 3), the plaintiff
affirms this power. He asserts:.....
... because of these actions by Congress, the President
and the Secretary of Treasury lack... authority to use.....
... for the purpose of manipulating, suppressing
or otherwise affecting dollar gold prices (CO 27-29).

The O'Neill memo does not address any of these points,
and its silence on the last point is particularly significant.

Neither Secretary O'Neill nor the DOJ appears willing
to argue publicly in unambiguous language
that former treasury secretary Summers had authority,
or at least a reasonable basis to believe that he had authority,
to use the ESF to manipulate the free market price of gold.

This argument, could it be convincingly made,
would undercut the plaintiff's damage claims
against Mr. Summers because executive branch officials
have a qualified immunity for actions taken in a reasonable
though mistaken belief that they are constitutional (CO 24).

Failure to make this argument, however, supports the plaintiff's
assertion that Mr. Summers knew or should have known
that he lacked authority to manipulate gold prices (CO 29-31).

BILL MURPHY
CHAIRMAN
GOLD ANTI-TRUST ACTION COMMITTEE
Le Metropole Cafe
All the best,
Bill Murphy
Le Patron
www.LeMetropoleCafe.com