Motion for Injunction, Hearings Needed to Discuss Dangers of Petition (10/2/08)
The Oct. 2, '08 Motion was denied by the Court, because Secretary Paulson's proposal was being considered by Congress. The Court cannot intervene in the legislative business of Congress (unless laws are broken). So, on Oct. 10, I filed an amended motion for after Paulson's "plan" was passed by Congress. My predictions to the Court still held true, that confidence in the stock (and bond) markets must continue to slide, because throwing more unsecured dollars at this situation cannot solve this problem, as explained in the Petition.