Exhibit 1

Exhibit 1.0
Initial Letter to Direct Merchants Bank

_________(Begin Exhibit)_________

This is to inform you that I have recently learned of how you create a “debt” by, quite literally, creating money out of thin air. You then assess interest at usurious rates upon your “cardholders” who suffer the unfair burden of =/- 24 to 29 per cent interest on “money’ which never actually existed before you “funded” the “debt”. Accordingly, I will not pay any more of your usurious interest charges on any of the “balance” you say that I “owe”. Furthermore, if you hope to recoup the actual amount of credit extended for goods and services purchased via your credit card, you will reduce the interest rate which you are charging me to no more than five (5%) per cent on any part of the actual purchases or cash advances I incurred, readjust the actual dollar amounts I have already paid to reflect the no more than 5% interest rate and credit anything above 5% to reduce the balance owed.

If you fail to reduce the usurious interest rates you are now assessing my account, you can “eat” the entire “balance”. It is your choice. Either work with me in the spirit of fairness and common sense, or get nothing. Because I am a fair and decent human being, I am willing to pay for what I actually purchased or received in goods and/or services. I will not, however, continue to be ripped off and burdened by your usurious and unfair practices which are so draining my resources that I am unable to meet the obligations of my food, shelter and other necessities of life.

As clearly evidenced by the dishonest and unethical practices of Enron, Tyco, Xerox, WorldCom and countless other greedy, thieving corporations currently bilking millions of People in this country, economic truth and justice have been abandoned for sheer profitability and ruthless gain. The banks and their spin-off bank-card corporations are extorting countless billions of actual hard-earned dollars, paid out by decent, barely-making it People, in exchange for NON-EXISTENT “money” created by the touch of a few computer keys. However, these good People, struggling to survive on woefully inadequate pay from heartless corporations whose CEO’S make unjustified, huge salaries and bonuses as rewards for deception and outright loan sharking, are, like me, waking up to the reality of this FRAUDULENT “SHELL GAME” which has been foisted upon the People. No longer ignorant of the truth of these usurious practices which have left many desperate and broke, I and many others are standing up for our Rights to fair and just treatment in any and all business contracts. For a contract to be valid there must be full disclosure. There was no full disclosure to me by Direct Merchants Bank of the actual methods and means by which money is created out of thin air by Direct Merchants Bank.

These practices amount to outright FRAUD perpetrated by the bank upon its millions of customers, including me. You, now reading this letter, are probably unaware of and subject to the very circumstances of which I write. This country’s laws forbid unequal treatment under the law. To have equal treatment under the law, please explain to me how I can create money out of thin air as you are doing, and demonstrate to me the avenue that you use so I can do the same thing. If you do not, then we are dealing with unequal treatment under the law, favoritism, prejudice and discrimination.

As I stated above, I will pay for the goods and services I obtained using your bank card, but only on the terms as I have outlined. I must advise you, that, in any case, I have a duty as an American Citizen to expose fraud and unlawful practices whenever I encounter them. Accordingly, I will inform those I know, personally, as well as the many others with whom I am in contact through my extensive organizational correspondences, of the fraudulent practices being conducted by Direct Merchants Bank.

If there is anything in this letter with which you, on behalf of Direct Merchants Bank, disagree, then rebut or refute, with particularity, that with which you disagree, in writing, to me within 20 days of the date of this letter. If you do not respond to me as stipulated, then, by your silence, you fully agree and acquiesce that everything stated in this letter is true, correct and fully binding upon Direct Merchants Bank in any court of competent jurisdiction.