James, an avowed libertarian challenging Democrat Donna F. Edwards in Maryland's 4th Congressional District, agreed to help a group called We the People serve papers in a lawsuit challenging the not-yet-passed $700 billion Wall Street bailout plan as unconstitutional.
James has been warning for months about the possibility that massive debt could bring down the American financial system, as he and Edwards ran against one another in a June special election to replace longtime incumbent Rep. Albert R. Wynn. Edwards won that contest for the Prince George's and Montgomery district, with more than 80 percent of the vote.
James believes the financial market crisis proves his point.
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