a u.s.

Taxpayer Credit Card
••••
President Obama

Pre-Approved* Status: Offer Expired on:

PRE-DECLlNED* 5/16/2011

Paul Mur=ph'-LY__

-Bellingham, WA 98226·

,

President Obama, Congratulations! You have been PRE-DECLINED for the U.S. Taxpayer Credit Card, forbidding you from any additional federal borrowing on behalf of U.S. Taxpayers.

"Because Bad Credit Deserves--NO-RewardsJ!'~
CHOOSE YOUR FAVORITE CARD!
The "I bankrupted Your Family" $14.3 Trillion Debt Card

The "I'm a spending addict" $113 Trillion Unfunded liability Card

I look forward to hearing from you, Paul M rphy Bellingham, WA 98226P.S. I want you to know that I am very serious about this Pre-Declined notification. As a taxpayer and voter, I no longer authorize you to borrow any money or increase taxes to feed your addiction to spending. You are Pre-Declined!
The "I'm In Denial" $58,000 in federal borrowing every second card

3 Easy Ways To Accept Your Pre-Declined Status

= =

#1--Goto predeclined.com

~ ~

#2--email predeclined@grassfire.com

,! 111111I11

#3--Stop Deficit Spending

*SEE REVERSE FOR DETAILED INFORMATION ON WHY YOU HAVE BEEN PRE-DECLINED.
1533

You cannot OPT-OUT of receiving PRE-DECLINED notifications from U.S. Taxpayers. However, you can confess your addiction to deficit spending and JUST SAY "NO" TO SPENDING.

NATIONAL DEBT FACTS -- UGLY TRUTH
Federal Deficit FY 2011 Total Debt FY 09-11 Statutory Debt Limit Current Federal Debt $1,600,000,000,000 (estimated) (that's TRILLION) (that's TRILLION) (that's TRILLION, hit 5/16/11) (that's TRILLION)

$ 5,136,898,133,979.30 $14,294,000,000,000.00 $14,345,512,216,989.03

INTEREST PAYMENTS AND TOTAL LIABILITIES
Interest Paid On Debt FY'10 Current Avg. Interest Rate Federal Borrowing per SECOND Total Unfunded Liabilities Unfunded Liabilities per TAXPAYER $ 413,954,825,362.17 3.003% $ 58,000 (that's EVERYSECOND) $113,878,128,987.63 $1,022,213.00 (that's TRILLION) (that's BILLION)

(every TAXPAYERis a Million-debtor)

SOURCES: treasurydirect.com, usdebtclock.com and other public sources.

ABOUT YOUR PRE-DECLINED STATUS
We regret to inform you that after careful consideration we are unable to extend your credit limit via the national debt ceiling.
The evidentiary data for your pre-declined status is listed above. The in the of our way • YOUR PRACTICE OF STEALING FROM THE SOCIAL SECURITY TRUST FUND a total of $2.572 TRILLION through FY 2010 amounts to the worst Ponzi scheme in history and should lead to criminal charges. Formal Processing Of Your Application: In February of 2009 an American grassroots movement began closely While this pattern of irresponsible spending, deficits and examining and processing your application for more credit and found several high-risk factors that inhibit us from raising your spending limit any further. As a resuIt: • 64% of Americans support eliminating entire government departments, none of which you are willing to remove. Many of these liberty-threatening government expansion has been under way for many decades, the level of irresponsibility in this matter accelerated greatly in the Fall of 2008 and was then dramatically expanded in the Winter of 2009. Credit Review Notes: • Your CREDIT BORROWING has increased more in the last three years (FY 2009-2011) than in the 15 years prior (FY1994-2008). This dramatic acceleration of borrowing is unsustainable. • The ANNUAL INTEREST PAID on you~ ~lirrent obligations your employer's status on the world stage. • During recent efforts to "trim" spending through the Continuing Resolution process, you grossly overstated "cuts" in spending at $30 billion when the CBO reported there were, in fact, no real cuts (and you actually increased spending!). • By refusing to utilize standard accrual methods of accounting, you have HIDDENthe true scope of your long-term, UNFUNDED LIABILITIES WHICH NOW TOTAL MORE THAN $113 TRILLION. reached simple fact is, as a member of Congress you have participated ongoing fleecing of the American people and destruction

of life through uncontrolled spending, ever-growing government, out-of-control entitlement programs and unending debt.

departments will place you in a spending level that cannot be sustained at your level of revenue. • 69% of Americans -ceiling.-A oppose adding more debt through the debt part of our application process requires that you at least show a

$413 BILLION in FY 2010. This level of interest payments has crippled

majority support for your request. In this application you have failed to provide sufficient proof of majority support and therefore cannot be granted a credit increase . • Two thirds of Americans prefer spending cuts over tax increases. A careful study of your finances reveals your debt to income portfolio does not justify an increase in credit. It should also be noted that you have requested a raise in income/revenue from your employer (American Taxpayers) and your request has been denied.

At this time our review of your application concludes that you are a high-risk borrower with massive unfunded liabilities and no proven history of making sound financial decisions. Our review also reveals that even if you were able
to prove that more coherent spending decisions could be established, you do not have sufficient revenue and your employer (the V.s. taxpayer) has no intention of raising your income.

WITH ALL DUE RESPECT, YOUR APPLICATION FOR A CREDIT INCREASE IS HEREBY PRE-DECLINED.

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