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Press release: Attorney Orly Taitz submits a request for information under FOIA to the Dep’t. of Treasury in regards to suspected fraud in reporting National debt to be unchanged for the past 70 days

Posted on | August 1, 2013 | 3 Comments

Press release

Attorney Orly Taitz on behalf of Defend our Freedoms Foundation submitted  to the Department of Treasury a request for information under Freedom of Information Act in regards to suspected fraud in reporting by the Department of Treasury of the U.S. Debt being unchanged for the past 70 days. FOIA request is attached below in both PDF and DOCX form. More information about this and other legal challenges by Attorney Taitz and DOFF read at OrlyTaitzESQ.com. Attorney Taitz is working pro bono. Donations are greatly appreciated and can be made via paypal at orlytaitzESQ.com or by mail to the address below

DEFEND OUR FREEDOMS FOUNDATION

29839 SANTA MARGARITA STE 100

RANCHO SANTA MARGARITA CA 92688

PH. 949-683-5411 FAX 949-866-7603

ORLY.TAITZ@HUSHMAIL.COM

08.01.2013

 

 

 

Attention: Treasury Inspector General

Department of the Treasury

1500 Pennsylvania Avenue, NW
Washington, D.C. 20220  

 (202) 622-2000
Fax: (202) 622-6415

FOIA.Reading.Room@tigta.treas.gov

REQUEST FOR INFORMATION UNDER FREEDOM OF INFORMATION ACT FOIA 5 U.S.552 IN REGARDS TO SUSPECTED FRAUD IN REPORTING THE U.S. DEBT AS STAYING UNCHANGED FOR THE PAST 70 DAYS AT 16,699 TRILLION AFTER IT ROSE OVER 7 TRILLION DURING THE FOUR AND A HALF YEARS OF THE OBAMA ADMINISTRATION OR ROUPHLY 298 BILLION EVERY 70 DAYS.

Honorable Inspector General:

 1. It was disclosed in the U.S. media that the Department of Treasury has reported the U.S. National debt to be at exactly at the same level for the last 70 days  staying at $16,699,396,000,000. (Exhibit 2)

2. This report is inconsistent with the debt increase during Obama administration from 9.654 trillion to 16.699 trillion in the past four and a half years. In the beginning of Obama administration national debt was 9.654 trillion and adjusted 7.793 trillion.(Exhibit 1) On May 17.2013 it was 16.699 trillion.

3. According to the article in CNS news  increase of debt instruments during the last 70 days by the Federal government was 53.267 billion. Exhibit 3

4. If one were to deduct current reported U.S. debt from the debt inherited by Barack Obama from Bush administration, it would show over 7 trillion dollar increase in four and a half years or 42.6 billion per day or 298 billion every 70 days. As such it appears that the public is being defrauded at the tune of  between 53 to 298 billion.

5. As such petitioner is requesting the following information which is the matter of public concern:

a. The name and position of the individual responsible for the reporting of the status of the National debt: is it the Secretary of Treasury Jack Lew or another individual within the Department of Treasury?

b. specific  formula and methods used by such individual in ascertaining the level of National Debt.

c.  specific calculations done by the aforementioned individual in ascertaining the National debt in the last 70 days and in the previous 70 days.

d. any and all correspondence for the past 100 days from Mr. Barack Obama, Ms. Valerie Jarrett or any other White House official with Mr. Jack Lew, Secretary of the U.S. Treasury , or any other official responsible for calculation   and reporting of the National debt.

e. evidence of  investigation by the Inspector General for the Department of Treasury of the National Debt being reported as unchanged for the past 70 days.

f. any and all criminal complaints filed by the Inspector General against any and all individuals involved in misrepresentation or fraud involved in reporting National Debt to be unchanged in the past 70 days.

g. Due to the fact that this is a matter of public concern and is important in ascertaining by the public of the way the government operates, this request should be exempt from any fees. In case the agency rules the petition not to be exempt, petitioner is willing to pay for the reasonable fee of copying of no more than 100 pages. If there are more than 100 pages of information available, petitioner is requesting a Vaughn index of all the available information, number of pages and requested fee per page.

h. Current FOIA request is being submitted via e-mail and via Federal Express and will be deemed received no later than 08.02.2013. If the agency does not provide a response within allowed 20 business days or 28 calendar days by August 30th 20013, petitioner will consider all agency resources to be exhausted and will seek a redress of grievances via injunctive and declaratory relief in the US District Court in the Central District of California where petitioner is domiciled.   

Respectfully submitted

/s/ Dr. Orly Taitz, ESQ

Attorney for the Defend Our Freedoms Foundation

cc Chair of the Oversight committee U.S. House of Representatives

cc. Chair of the Judicial Committee of the U.S. House of Representatives

cc. Chair of the Ways and Means committee U.S. House of Representatives

 Exhibit 1

Federal spending, federal debt, and GDP

The table below shows the annual federal spending, gross federal debt, and gross domestic product specific fiscal years.[46] The government fiscal year runs from October 1 (of the previous calendar year) to September 30, budgets are enacted before the November general elections.

Fiscal Year

Federal Spending

Federal Debt

Gross Domestic Product

Inflation Adjustor[47]

Billions[48]

Adjusted[49]

Increase

Billions[50]

Adjusted[51]

Percentage Increase

Billions[52]

Adjusted[53]

Increase

1977

$409

$1,040

$706

$1,795

$1,974

$5,019

0.39

1978

$459

$1,093

5.1%

$776

$1,850

3.1%

$2,217

$5,285

5.3%

0.42

1979

$504

$1,107

1.3%

$829

$1,821

−1.5%

$2,501

$5,494

4.0%

0.46

1980

$591

$1,175

6.1%

$909

$1,808

−0.8%

$2,727

$5,422

−1.3%

0.50

1981

$678

$1,219

3.8%

$994

$1,787

−1.1%

$3,055

$5,492

1.3%

0.56

1982

$746

$1,252

2.6%

$1,137

$1,908

6.8%

$3,228

$5,417

−1.4%

0.60

1983

$808

$1,294

3.4%

$1,371

$2,195

15.0%

$3,441

$5,510

1.7%

0.62

1984

$852

$1,300

0.4%

$1,564

$2,386

8.7%

$3,840

$5,858

6.3%

0.66

1985

$946

$1,396

7.4%

$1,817

$2,680

12.3%

$4,142

$6,108

4.3%

0.68

1986

$990

$1,426

2.1%

$2,120

$3,052

13.9%

$4,412

$6,352

4.0%

0.69

1987

$1,004

$1,406

−1.4%

$2,345

$3,283

7.6%

$4,647

$6,506

2.4%

0.71

1988

$1,065

$1,447

2.9%

$2,601

$3,534

7.7%

$5,009

$6,806

4.6%

0.74

1989

$1,144

$1,499

3.6%

$2,867

$3,757

6.3%

$5,401

$7,077

4.0%

0.76

1990

$1,253

$1,590

6.1%

$3,206

$4,067

8.3%

$5,735

$7,277

2.8%

0.79

1991

$1,324

$1,610

1.3%

$3,598

$4,374

7.5%

$5,935

$7,215

−0.8%

0.82

1992

$1,382

$1,624

0.9%

$4,001

$4,703

7.5%

$6,240

$7,334

1.7%

0.85

1993

$1,410

$1,615

−0.5%

$4,351

$4,987

6.0%

$6,576

$7,536

2.8%

0.87

1994

$1,462

$1,642

1.7%

$4,643

$5,216

4.6%

$6,961

$7,820

3.8%

0.89

1995

$1,516

$1,662

1.2%

$4,920

$5,395

3.4%

$7,326

$8,033

2.7%

0.91

1996

$1,561

$1,673

0.7%

$5,181

$5,554

3.0%

$7,694

$8,248

2.7%

0.93

1997

$1,601

$1,684

0.7%

$5,369

$5,647

1.7%

$8,182

$8,606

4.3%

0.95

1998

$1,653

$1,721

2.2%

$5,478

$5,704

1.0%

$8,628

$8,985

4.4%

0.96

1999

$1,702

$1,746

1.5%

$5,605

$5,750

0.8%

$9,125

$9,361

4.2%

0.97

2000

$1,789

$1,789

2.5%

$5,628

$5,628

−2.1%

$9,710

$9,710

3.7%

1.00

2001

$1,863

$1,821

1.8%

$5,769

$5,638

0.2%

$10,058

$9,829

1.2%

1.02

2002

$2,011

$1,929

6.0%

$6,198

$5,945

5.5%

$10,377

$9,954

1.3%

1.04

2003

$2,160

$2,018

4.6%

$6,760

$6,316

6.2%

$10,809

$10,099

1.4%

1.07

2004

$2,293

$2,082

3.2%

$7,354

$6,677

5.7%

$11,500

$10,441

3.4%

1.10

2005

$2,472

$2,165

4.0%

$7,905

$6,923

3.7%

$12,238

$10,717

2.6%

1.14

2006

$2,655

$2,249

3.9%

$8,451

$7,158

3.4%

$13,016

$11,024

2.9%

1.18

2007

$2,730

$2,263

0.6%

$8,951

$7,419

3.6%

$13,668

$11,329

2.8%

1.21

2008

$2,931

$2,366

4.6%

$9,654

$7,793

5.0%

$14,312

$11,553

0%

1.24

2009*

$3,107

$2,452

3.6%

$10,413

$8,218

5.5%

$14,097

$11,529

2.6%

1.27

2010*

$3,091

$2,392

−2.4%

$11,875

$9,247

12.5%

$14,508

$11,297

−2.0%

1.29

Note: The values for the years 2009, and 2010 represent estimates from the source material.

Exhibit 2

1.   70 Straight Days: Treasury Says Debt Stuck at Exactly … – CNS News

www.cnsnews.com › News‎

o     

o     

3 days ago – Even though the government’s official accounting of the debt has not budged for 70 days, the Treasury has continued to sell bills, notes and …

2.   Odd? National Debt Stuck at Exactly $16699396000000 for 70 Days

www.theblaze.com/…/odd-national–debt-stuck-at-exactly-166993960000…‎

o     

o     

2 days ago – The U.S. national debt for the past 70 days has been stuck at exactly …May 17 while the debt remains unchanged at $16,699,396,000,000?

3.   National Debt (Strangely) Unchanged for 70 Days | James Bosco

jamesbosco.com/2013/…/national–debt-strangely-unchanged-for-70–days…‎

o     

o     

2 days ago – The U.S. national debt for the past 70 days has been stuck at exactly $16,699,396,000,000, CNSNews.com reports, citing the Daily Treasury …

4.   Federal Debt Unchanged for 70 Days – iTulip.com

www.itulip.com › Forum › Public Discussion Forums › News‎

o     

o     

1 post – ‎1 author

70 Straight Days: Treasury Says Debt Stuck at Exactly $16,699,396,000,000.00. July 29, 2013 – 5:21 PM By Terence P. Jeffrey (CNSNews.com) – According to …

5.   FISHY: Debt Remains Unchanged For 70 Days… | Politics

beforeitsnews.com/…/fishy-debt-remains-unchanged-for-70–days-25383…‎

o     

o     

2 days ago – FISHY: Debt Remains Unchanged For 70 Days… … the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days.

6.   Odd? National Debt Stuck at Exactly $16,699,396,000,000 for 70 …

right180.com/?p=3039‎

o     

o     

2 days ago – The U.S. national debt for the past 70 days has been stuck at exactly …May 17 while the debt remains unchanged at $16,699,396,000,000?

7.   odd? national debt stuck at exactly $16699396000000 for 70 days

pacificrimcoins.com/…/odd-national–debt-stuck-exactly-1669939600000…‎

o     

21 hours ago – The U.S. national debt for the past 70 days has been stuck at exactly… May 17 while the debt remains unchanged at $16,699,396,000,000?

8.   Patriots Tea Party NEWS – Spencer, Ia Tea Party

www.patriotsteaparty.net/teapartypatriotsorgrss.php‎

o     

o     

2 days ago – The U.S. national debt for the past 70 days has been stuck at exactly …May 17 while the debt remains unchanged at $16,699,396,000,000?

9.   US Debt unchanged since May 17! MAJOR UPDATE p. 4. Bernanke …

www.godlikeproductions.com/forum1/message2293381/pg3‎

o     

Jul 15, 2013 – 30 posts – ‎9 authors

That means that for 56 straight days the federal debt has remained approximately ….over 70% of the stock exchange is high frequency trading

10.   FISHY: Debt Remains Unchanged For 70 Days… | World News

www.grandrapidscity.com/…/fishy-debt-remains-unchanged-for-70–days‎

o     

o     

2 days ago – Refresh Page | Home; >; FISHY: Debt Remains Unchanged For 70 Days… Search News. Grand Rapids News · Grand Rapids Sports · National …

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70 Straight Days: Treasury Says Debt Stuck at Exactly $16,699,396,000,000.00

Exhibit 3

July 29, 2013 – 5:21 PM

By Terence P. Jeffrey

Subscribe to Terence P. Jeffrey RSS

 53 28

  

Jack Lew, Barack Obama

Treasury Secretary Jack Lew and Barack Obama (AP Photo/Carolyn Kaster)

(CNSNews.com) – According to the Daily Treasury Statement for July 26, which the Treasury released this afternoon, the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days.

That is approximately $25 million below the legal limit of $16,699,421,095,673.60 that Congress has imposed on the debt.

The portion of the federal debt subject to the legal limit set by Congress first hit $16,699,396,000,000.00 at the close of business on May 17. At the close of every business day since then, it has also been $16,699,396,000,000.00, according to the official accounting published by the Treasury Department.

If the debt had increased by even $30 million at any time during those 70 days, it would have exceeded the statutory limit. But, according to the Treasury, the debt did not do that. Instead, it remained precisely $16,699,396,000,000.00.

Even though the government’s official accounting of the debt has not budged for 70 days, the Treasury has continued to sell bills, notes and bonds at a value that exceeds the value of the bills, notes and bonds it was redeeming.

In fact, according to the Daily Treasury Statement for May 17, the Treasury had by then already redeemed approximately $4,776,995,000,000.00 since the beginning of the fiscal year (which started on Oct. 1, 2012). As of that same day, the Treasury had already sold $5,354,508,000.000.00 new bills, notes and bonds during the fiscal year. That represented a net increase in publicly circulating U.S. government debt instruments of $577,513,000,000.00 for the fiscal year.

As of July 26, according to the latest Treasury statement, the Treasury had already redeemed approximately $6,128,368,000,000.00 in bills, notes and bonds during this fiscal year. But, at the same time, according to the statement, the Treasury had sold an additional $6,759,148,000,000.00 bills, note and bonds–for a net increase of $630,780,000,000.00 for the year.

Thus, the value of U.S. Treasury debt instruments circulating in the public has increased $53.267 billion since May 17–even though the Treasury says the debt has remained exactly at $16,699,396,000,000.00 during that time.

How could the value of extant U.S. Treasury securities increase by $53.267 billion during a 70-day period when the federal government’s debt subject to the legal limit has remained constant at $16,699,396,000,000.00—just $25 million below the legal limit?

On May 17, the day the debt began its long stay at $16,699,396,000,000.00, Treasury Secretary Lew sent a letter to House Speaker John Boehner. In the letter, Lew said the Treasury would begin implementing what he called “the standard set of extraordinary measures” that allows the Treasury to continue to borrow and spend money even after it has hit the legal debt limit.

– See more at: https://www.cnsnews.com/news/article/70-straight-days-treasury-says-debt-stuck-exactly-1669939600000000#sthash.2gK6wtzo.dpuf

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Comments

3 Responses to “Press release: Attorney Orly Taitz submits a request for information under FOIA to the Dep’t. of Treasury in regards to suspected fraud in reporting National debt to be unchanged for the past 70 days”

  1. David
    August 2nd, 2013 @ 2:53 am

    Either they are scared that for some reason 17 trillion will shock people out of their trance, or they simply plan on later blaming this on a clerical error.

  2. Alec
    August 25th, 2013 @ 11:30 am

    What a bunch of FUD this is.

    Your second point has a glaring error in it, and you should be ashamed of it for lying…

    Honorable Inspector General:

    1. It was disclosed in the U.S. media that the Department of Treasury has reported the U.S. National debt to be at exactly at the same level for the last 70 days staying at $16,699,396,000,000. (Exhibit 2)

    2. This report is inconsistent with the debt increase during Obama administration from 9.654 trillion to 16.699 trillion in the past four and a half years. In the beginning of Obama administration national debt was 9.654 trillion and adjusted 7.793 trillion.(Exhibit 1) On May 17.2013 it was 16.699 trillion.

    Not sure where you get “Adjusted 7.793tril” from, so let’s throw out that fantasy number… and then look at the 9.654 trillion number. Are you educated enough to know that a president doesn’t take office the moment he’s elected? Obama’s first day was 1/20/2009, on that day the national debt was…. drumroll please…

    Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
    01/20/2009 6,307,310,739,681.66 4,319,566,309,231.42 10,626,877,048,913.08
    So under George bush the debt nearly doubled (86%), under Obama to date the debt has gone up by nearly 60% which is lower than most every Republican president before him, and not as good as Democrat presidents have been historically. Ronald Reagan tripled the National Debt as a point of reference, thank god he wasn’t black or it would have been a catastrophe.

    Go check the facts you love to quote.
    https://www.treasurydirect.gov/NP/debt/search?startMonth=01&startDay=20&startYear=2009&endMonth=&endDay=&endYear=

  3. dr_taitz@yahoo.com
    August 25th, 2013 @ 4:19 pm

    the point is that they show the debt not change by a cent for a period of 3 months, this is a falsification

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