Sunday, August 18, 2013

Notice of Contempt of the U.S. Congress by Barack Obama and Secretary of the U.S. treasury Jack Lew

Notice of Contempt of the U.S. Congress by Barack Obama and Secretary of the U.S. treasury Jack Lew

Posted on | August 17, 2013 | 4 Comments
Dr. Orly Taitz, ESq
president
defend our freedoms foundation
29839 Santa Margarita, ste 100
Rancho santa Margarita, Ca 92688
ph.949-683-5411 fax 949-766-7603
orly.taitz@hushmail.com
orlytaitzesq.com

08.17.2013
Attention
Congressman Bob Goodlatte, Chair of the Judiciary Committee of the U.S. House of Representatives
Congressman Darrell Issa, Chair House Oversight Committee
Congressman Trey Gowdy, Member House Oversight Committee

NOTICE OF CONTEMPT OF THE U.S. CONGRESS BY PRESIDENT OBAMA, SECRETARY OF THE U.S. TREASURY JACK LEW IN
EXCEEDING THE SOUVEREIGN DEBT CEILING SET BY THE U.S. CONGRESS, IN FALSIFYING THE REPORTS OF THE U.S. NATIONAL DEBT FROM MAY 17 UNTIL AUGUST 14, COMMITTING FRAUD IN FALSIFICATION OF SUCH RECORDS.
DEMAND FOR AN IMPEACHMENT HEARING
Honorable Congressmen,
1. U.S. Sovereign debt ceiling is set by the U.S. Congress.
2. U.S. President cannot legally exceed a debt ceiling without a consent by the U.S. Congress.
3. Obama administration incurred around 6 trillion dollars of additional debt within 4 years, running approximately 125 billion of additional debt every month.
4. On May 17, 2013 the U.S. government reached allowed debt ceiling.
5. Obama administration continued overspending. July 2013 report showed 98 billion of additional deficit, during the three months of 2013,  from May 17 2013 until August 17 2013, according to the most conservative estimates U.S. government incurred additional 300 billion of sovereign debt.
6. While U.S. continued overspending and incurred roughly 300 billion of additional debt, Obama administration and the Department of Treasury showed the National debt numbers unchanged in the official reports of the U.S. Treasury, continued showing the same amount of  $16,699,396,000,000 of National debt.
7. As such based on the differential between the reported monthly deficits and unchanged reports of the National debt, Obama administration has surpassed the allowed debt ceiling in and around May 18, 2013.
8. From May 18, 2013 Barack Obama, in his official capacity as a U.S. President, has been in contempt of the U.S. Congress by continuously incurring debt over the allowed limit.
9. Not only Barack Obama has incurred debt over the allowed limit, he and the Secretary of the U.S. Treasury attempted to cover up such contempt of the U.S. Congress by falsifying reports of the U.S. National debt and keeping them unchanged for a period of three months.
10. On August 1, 2013 Dr. Orly Taitz, ESQ, in her capacity as a President of the Defend Our Freedoms Foundation submitted a FOIA request to the U.S. Department of Treasury seeking any and all documentation and information of names of individuals involved in falsification of the reports of the U.S. National debt. Under 5 U.S.552 FOIA the response is due within 20 working days and is expected on August 24, 2013.
11. Such unprecedented falsification of records of the U.S. national debt may lead to a serious damage to the U.S. economy. Standard and Poor, Moody’s and other debt rating companies may reduce the U.S. sovereign debt rating yet again, for the second time in the U.S. history. First such redaction happened during the Obama administration as well.  Our national debt and currency are backed by the reputation and faith and credit of the U.S. government. What reputation and what rating can we expect, if the world community sees the U.S. government as a con-artist, a charlatan, who spends as a drunken sailor and hides this spending by cooking the books and simply defrauding the Congress and world community by refusing to change the numbers, to honestly show the true extend  of the debt for a period of three months? Down grading of the US sovereign debt will lead to an increase in interest assessed on the moneys borrowed by the U.S. government. Only one or two percent increase in the borrowing rate will send the U.S. economy into the downward spiral. The damage that will be sustained by the U.S. economy might exceed damage sustained during multiple wars and military conflicts. If we are to imagine the downgrading seen in a number of European countries, such as Greece, we are simply facing an economic holocaust.
12. Aforementioned fraud, falsification of financial reports of the sovereign debt of the U.S. government  warrant an immediate investigation by the U.S. Congress, as those represent impeachable offences. More information is included herein, as an attachment (see FOIA request to the U.S. Department of Treasury).
Respectfully,
/s/ Dr. Orly Taitz, ESQ
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