> > http://groups.google.com/group/misc.invest.stocks/msg/06f296ee4dbac8a2 > > Date: Fri, 25 Jan 2008 15:14:57 -0800 (PST) > > Subject: Economic Collapse Of 2008 An Inside Job > > ***NOTE: Elements within the U.S. Government have been threating web > site administrators all over the internet and forcing them to take down > the following article because it's exposes the Bush/Cheney cabal's > involvement in the coming economic collapse of 2008. > > Everyone make copies of this article and send it everywhere so > everyone will be fully aware of how the economic collapse was > engineered to happen on purpose. > ----------------------- > > "Everybody knows that the dice are loaded. Everybody rolls with their > fingers crossed. Everybody knows the war is over. Everybody knows > the good guys lost. Everybody knows the fight was fixed. The poor > stay poor, the rich get rich. That's how it goes, Everybody knows" - > Leonard Cohen > > PROTOCOLS FOR ECONOMIC COLLAPSE IN AMERICA > by > Al Martin > http://groups.google.com/group/misc.invest.stocks/msg/06f296ee4dbac8a2 > > And this is how the U.S. Treasury would handle an economic collapse. > It's called the 6900 series of protocols. It would start with > declaring a force majeure, which would immediately be interpreted by > the marketplaces as a de facto repudiation of debt. Then the SEC and > the various regulatory exchanges would anticipate the market's > decline, hour by hour -- when Japan's markets opened the next day, > what would happen when the European markets, and all the inter- > linkages of the global markets. On the second day, US Special Forces > would be dropped in by parachute in the cities where the twelve > Federal Reserve district banks are located. > > The origin of these protocols comes from the Department of Defense. > This is contingency planning for a variety of post-collapse scenarios. > Those scenarios would include, obviously, military collapse, World War > III, in other words, and its aftermath. What we're talking about now > is aftermath -- how the aftermath would be handled. > > One does not necessarily know how the events would transpire that > would cause the collapse, whether it's military collapse or economic > collapse. In World War III, it would become obvious -- when the > mushroom cloud started to appear over cities. > > Economic collapse scenarios were always premised on the basis of a US > declaration of force majeure on debt service. It's a very extensive > scenario. The scenarios are all together, i.e., military, economic, > political and social complete destabilization leading to collapse. > Then they break down individual scenarios. In the economic collapse > scenario, the starting point would be the United States Treasury > declaring a force majeure on debt service, which is de facto > repudiation, and that's how it would be interpreted by the world's > capital marketplaces. Then the scenario goes on from there. The US > Treasury would obviously declare a force majeure sometime after the > European markets had settled down. In other words, they had gone out > on the day, which means 11:38 a.m. EDT, our time. They'd wait until > the European markets closed, and the US markets had been open for a > couple of hours. That's when they'd determine how to begin the process > of unwinding or controlling the collapse to the best extent possible, > mainly because they know that the greatest hedge pressure would be > people seeking to use other markets to hedge their long exposure in > the United States and that the US would be the biggest seller in all > the rest of the world's markets. Therefore you would want to declare > the force majeure when the rest of the world's markets closed. The > declaration of force majeure would be precipitated by the declaration > that the United States is no longer able to service its debt. That's > pretty simple. Who makes that decision? The Treasury Department. The > President does not make that decision. The Secretary of the Treasury > does. He has that authority. > You might ask -- wouldn't he have his arm twisted not to do that? > > The answer is that if there isn't any money left to service the debt, > it doesn't make any difference what the current regime might want to > do. > > The day of reckoning is now coming. What has happened in the interim, > from 2001 to present, is dynamic, global economic deterioration. The > economic deterioration visited upon the United States by Bushonomics > is not a localized event. It is, in fact, global. We have a planet now > that is sinking into a sea of red ink. > > The United States is consuming 80% of the planet's savings rate to > finance its debt. The central banks of Germany, Japan and Saudi Arabia > are no longer the powerhouses they used to be. Their reserves have now > been substantially depleted. They can, therefore, no longer hide the > fact that they own a certain number, likely in the trillions of > dollars, of U.S. Treasury debt that isn't being serviced, because they > can't hide it through bookkeeping tricks anymore because their > reserves are so depleted. > > Therefore somebody has covertly been putting demands on the Bush- > Cheney regime for payment. Why do you think 2900 metric tons of gold > is depleted from U.S. inventory since March of `01? > > Why do you think that $2 billion in currency seized from Iraq last May > is now unaccounted for? > > Someone is putting demands on the Bush-Cheney regime. Someone is > saying to the Bushonian Cabal that -- You've got to start servicing > this debt because we, foreign central banks, are in nations - European > and Asian - whose reserves are now nearly exhausted. > > Who could be putting that kind of pressure on them? > > It has to be coming from whoever is organizing this thing at the very > top, which I would tend to think has got to be most likely a cabal of > people that would involve Henry Kissinger, James Baker, George > Schultz, possibly William Simon. It would be somebody at the very top > that is familiar with how to do this. It would have to be someone > familiar with finances. > > So would this be one faction of a cabal blackmailing or forcing > another faction? No, it's not really blackmailing. It's being done out > of desperation. The German, Japanese and Saudi central banks are > saying to the Bushonian cabal, You've got to start servicing this debt > because we don't have the reserves to cover you anymore. We can no > longer make it appear that the debt is being serviced because our own > reserves are so substantively depleted. Therefore you must begin to > cover this debt. If you don't, then, at some point, we will have to > publicly admit in order to save our own necks -- that we were the end > buyers of a lot of stealth debt, a lot of debt that your Treasury > issued illegally and has never serviced. That would then expose the > whole cabal. > > The Kissinger-Baker faction are at the top of how this was done on the > economic side of the equation. They were not the original insiders so > much, but the managers of the conspiracy from the U.S. Treasury, to > wit, the U.S. Treasury and Federal Reserve role-play the part. > > Take Henry Kissinger. It may not have occurred to anyone why in the > last 3 years Henry Kissinger has been back in Washington more than he > has in the last 30 years. And why are all these quiet meetings in > Washington with alleged senior Bush-Cheney regime officials, as > foreign news services endlessly put it. It's because Kissinger is the > point man. He's the one that is telling them the disposition of other > foreign central banks. > > Kissinger would probably also be involved in transfer or hypothecation > of any assets from the cabal. In other words, they're being stolen > from the American people by the Bush-Cheney regime and the Bushonian > Cabal, and they are being used to hypothecate, transfer, service, or > otherwise carry this debt held by certain foreign central banks. > > The process of unraveling has already begun because of ever-spiraling > Bushonian budget deficits. The Bush-Cheney regime, even in its overt > policies (now they're overt political, economic, social and military > policies) is generating $600-billion-plus deficit per year, which is > consuming 80% of the planet's net savings rate. > > It doesn't have the slack. In other words, it can't refinance stealth > debt by issuing more stealth debt anymore. Nor can they bleed money > out of the system like they could in the 1980s by hiding it when the > overt policies of the Bush-Cheney regime are already producing a > budget deficit of 6% of Gross Domestic Product. There is no other > mechanism that they could use anymore to hide expansion of debt that > could be used to service said stealth debt, and they are, frankly, > running out of assets that they can steal from the American people. > > So the proverbial day of reckoning is coming. The Bush-Cheney regime > (and I give them credit for this) are telling the American people > what's coming, knowing the American people are too stupid to > understand. They are telling the American people about the re- > institution of the Gold Confiscation Act and the sudden scrapping of > the Treasury's emergency post-collapse gold note scheme to maintain > domestic liquidity. > > David Walker, US Comptroller General and chief of the GAO has said > that should the Bush-Cheney regime be re-ensconced into power and, > hence, the scourge of Bushonomics persist, that the United States > could no longer service its debt beyond 2009. They're not hiding it > from anybody anymore. They are telling you what's happening. Now, what > does that mean? The key is in what Walker is saying when he says the > debt can no longer be serviced. I've been asked this on the radio > shows. People have noticed what Walker said because he's out in the > news more often than he used to be. It's unusual for the Comptroller > General of the United States, which is a rather arcane position, to be > out in the news so much. > > It simply means that when he says the United States will no longer be > able to sustain Bushonian budget deficits, he means that by 2009, if > Bush-Cheney have a second term in office, the United States will be > consuming 100% of the planet's savings rate to finance Bushonian > budget deficits. > > Therefore, if the planet can no longer generate any more liquidity to > lend to the United States, one of three things have to happen: A) > There has to be a sudden and dramatic reduction in federal spending. > There are only two places that can come from. There would have to be > an immediate $100-billion cut in defense spending, which would end any > hopes the Republicans had of getting into office for years to come > because it would destroy any confidence the NFWCs (Naïve Flag Waving > Crowd) had in them. Or you would have to scrap the multi-trillion- > dollar Bushonian tax cuts for the Republican rich, something that's > equally unpalatable. > > The other option, B, as Paul O'Neill mentioned, is a dramatic increase > in the rate of federal income taxation from the current nominal rate > of 28% to 65%, which is what the Treasury Department estimated would > be required post-2009 to provide the U.S. Treasury with sufficient > revenues to continue to service debt. > > The third option, or C, becomes the declaration of a force majeure on > credit service of U.S. Treasury debt by the United States Treasury, > which is tantamount and would be accurately construed as de facto debt > repudiation by the United States of America. > > There are other signs to look for. They're not going to happen now, > but if Bush-Cheney is re-elected, you'll begin to see more signs that > the end is coming. I know a lot of people may disagree, but you wait > and see. If Bush-Cheney has a second term, see if they do not > institute some currency expatriation control. See if that doesn't come > in the way Nixon tried it in May-June of 1971. > > In the second term, there will be some sort of currency expatriation > control in the United States, but there will also be loopholes that > will allow the large money to escape. The restrictions will apply to > the 10- and 20-thousand-dollar people. It ain't going to apply to the > 10- and 20-million-dollar people. It would be self-defeating to do > that. > > When that day comes, in other words, when the U.S. Treasury declares a > force majeure on debt, it wouldn't be broad-cast on mainstream media. > There's no sense because the American people don't even understand > what it means. But the announcement would actually be put on the > Federal Reserve wire system, which would, of course, immediately be > picked up by all media outlets anyway. > > The U.S. Treasury would declare a force majeure on debt after the > Asian and European markets closed, probably at 12:30 p.m. EDT. The > reason why that hour was always selected is because Asian and European > markets close. It's also the lunch hour for the markets. It's when > you're going to have the fewest people on the floor of the exchanges. > That would be the ideal time to make such an announcement. > > A few seconds after that announcement was made, all United States > markets, both equities debt and commodities i.e., stock, bonds, > commodities, that have trading collars or permissible daily limits > would all be limit-offered with pools. Limit-offered means that there > are more sellers at the limit i.e., limit down, than there are buyers. > > So-called 'pools' would immediately begin to form, probably a thousand > contracts every few minutes. 'Limit-offered with pools' - this is > trader language. Pools to sell 2,000 lots, 3,000 lots. That means, the > number of sellers over and above the available buyers at the limit- > offered price. That would begin to build. > > By 1:00, the news would begin to sink in because it would take awhile > before panic selling would arise from the public. This news is being > released at lunch hour. > > A lot of the American people initially would not even understand the > temerity of the news. You would see professional selling first, and as > that professional selling intensified over the afternoon, the SEC, the > CFTC, NASDAQ, and various market regulatory authorities would begin to > institute certain emergency market protocols. This would be the > installation of the so-called 'declaration of fast market conditions,' > for instance; the declaration of 'no more stop orders,' the > declaration of 'fill at any price,' etc. in a desperate bid to > maintain liquidity. > > That first day, the Dow Jones Industrial Average and related indices > on a percentage basis would lose about 20% of their value by the close > of business that day. The real impact would come overnight when the > American people found out what this was all about and when it was > explained to them. > > At 7:30 a.m. EDT, the Tokyo markets would open, and no price would be > affixed for probably three or four hours into the session due to the > avalanche of selling. Once prices were established, the government of > Japan would close all of its financial markets. Europe would not even > open. All European governments would close all capital exchanges the > next day. > > The United States would, in order to accommodate global electronic > trading, attempt to open the market on the second day, which they > would do, regardless of price, just to maintain some liquidity. At the > end of Day Two, the Dow Jones and related indices, would have lost two > thirds of their value, and prices would be set accordingly. > > On Day Three, the New York Stock Exchange, the SEC and other related > agencies would recommend to the United States Treasury and the Federal > Reserve that all markets be closed. That would be on the morning of > Day Three. Eleven a.m., the Federal Reserve would then order all > domestic banks closed. All of the twelve Federal Reserve district > banks would (30 minutes later) have special U.S. forces parachuted in > and around them to secure whatever gold bullion reserves they had > left. > > Day Three, 9:00 p.m., the President of the United States would declare > a state of martial law. All financial transactions would come to an > end. The Treasury would act to formally de-monetize the U.S. dollar > and declare it worthless. > > This would be totally unprecedented. In the past, collapses have been > temporary and have been brought back up. But what we're talking about > now is the end. > > These protocols that I'm referring to aren't even all that secret. > They were publicly available all through the Clinton era. These are > Treasury protocols that were instituted mostly in the late 1970s when > the Treasury and Federal Reserve began to feel that it was important > to have an emergency-collapse protocol in place. > > What precipitated the timing of this was the inflationary spiral of > the late 1970s. The U.S. Treasury and the Federal Reserve were both > concerned that this inflationary spiral, which was occurring not only > domestically but globally, might lead to a global, uncontrollable > hyper-inflation that the Federal Reserve or major central banks could > not stop by traditional means, i.e., by raising interest rates and > contracting money supply. > > There was also the recognition, of course, that global central reserve > bank bullion inventories had been so depleted over the previous 30 > years that any re-institution of a species currency, even on a > temporary basis, and even within a regional or individual nation-state > basis, was no longer possible. > > This is an analogy. In a military scenario, it's like the President of > the United States pushing the final red button -- the commit button. > The Treasury Secretary of the United States has a similar mechanism. > It's called the yellow button, the commit button. The Secretary of > Defense has the same system. This is what happens. Computer program > starts to institute these protocols. Imagine the complexity of trying > the manage all this. I think it's going to happen all simultaneously. > There are hundreds of different agencies involved, both domestically > and internationally. In order to maintain liquidity for as long as > possible, it has to be extremely well-coordinated, and there must be > existing collapse protocols that can be used. > > The reason I was familiar with them was because I used to see the U.S. > Treasury 6900 Series Collapse Protocol, 6903, 6904 there'll be A, B, > and so on which keyed in to the Department of Defense to be > incorporated within the Department of Defense's own World War III > scenario and various types of military/ political/ social instability/ > war/ pestilence, chaos, etc. scenarios. > > All federal agencies had individual collapse protocols that ultimately > got coordinated through the Department of Defense. Obviously, the > Department of Defense would be the ultimate coordinator because it > would need to have special forces available, on a stand-by basis, > ready, that could quickly parachute into areas all over the country, > into the cities particularly, to secure federal properties and assets. > > And that's literally how it would begin. By the end of the third day, > it would be all over -- a state of martial law. We're not talking > about war, now; this is just economic collapse. > > There's no military implication here, no political, no social > implication or policy directive thereunto. This is strictly economic > collapse. By the end of Day Three, effectively, all banks in the world > will be shut down, all paper currencies will become valueless. Martial > law would be declared. There would be no continuing transactions, at > least for a period of time, of commodities. All providers of fuels and > foods would be shut down automatically. > > They have this in great detail too. U.S. Department of Defense Special > 117th Assault Unit would parachute in to seize control of the cattle > yards in Oklahoma City. This is how well it's planned. In other words, > economic collapse would automatically involve expansive military > action and control. > > By the end of the third day, when you no longer have a domestic medium > of exchange, you have to have secured food and fuel stocks. You've got > to have troops that have secured distribution points where there is > food and fuel stocks, warehouses, tanks, etc. Otherwise people are > just going to go get them, and the people have to know that if they > try to go break into that store and steal that loaf of bread, they're > going to be shot. > > Protocols for environmental disasters are called 'scaling-circle > scenarios.' 'Scaling circles' is a Department of Defense euphemism. > It's also used in FEMA, OEM and other emergency management services. > In environmental catastrophes, which are going to become national or > global, it's got to start someplace. It's going to start in one very > small, specific area. Therefore what happens is that the immediate > force containment is the greatest in the first circle, to try to > contain the spread of the disaster and keep it within that circle. > > The environmental problem, to whatever extent it's possible, before it > spreads, will be neutralized or mitigated, in order to keep that > catastrophe within that circle, or, if it is likely that it is to > escape that circle, to attack whatever it is in such a fashion as to > mitigate its strength and its ability to contaminate or otherwise > affect other areas. > > In the case of earthquakes, for instance, affecting the west coast, > beginning at Mt. Rainier and moving southward -- that's a different > type of scenario. That does not include as much Department of Defense > involvement. It includes separate protocols, wherein mostly FEMA and > OEM act as the senior coordinating agencies between municipal, county > and state disaster and containment, which is called Disaster and > Containment Units. Federal troops would only be brought in for the > purposes of maintaining control. > > In a military or economic collapse situation, National Guard units > would provide any spare help they could in combating whatever the > problem is. Federal troops would be used in order to have the specific > authority simply to shoot anyone. There are plans for all sorts of > scenarios. The economic-disaster scenario is the one I always found > the most intriguing because it is the one that is least understood by > the American people. > > Military control would be necessary when lines begin to form at the > banks, people trying to access their money. But that wasn't even > anticipated as a big problem. Lines would form at the banks, but it > was not even envisioned until sometime on Day Three because the > American people wouldn't get it. It would be announced that the stock > markets are down 2000 or 3000 points, and since we've always been > taught they'll come back, the people would still be buying stocks. > > You could count on everybody remaining in ignorance all the way down > because the American people have never been taught Economics 101. The > American people wouldn't realize the full extent of it until the > markets were closed on the third day, or until the time when they went > down to cash a check and the bank was closed with soldiers out in > front. Then they would go down and see the gas station's closed. They > see the local supermarket has been shuttered, and there's federal > troops in front of it. Then they might begin to catch on. And remember > -- it's not just federal troops. In emergency-collapse protocols, even > before the declaration of a formal state of emergency or a state of > martial law, the local military authorities within any given county or > jurisdiction have the ability to essentially militarize anyone, that > is, any civilian. This would be more than just deputizing civilians. > It's federal. In other words, they would have the ability to > militarize and give military authority to a civilian force. This would > include not only police and the sheriffs and state police, but all > local law enforcement that exists below the state level would be > immediately militarized. They wouldn't take just anybody like they did > in Iraq. It would be like the military when they call for volunteers. > Then they'd have everybody and their brother-in-law volunteering, > waving around the American flag and so on. > > You've got a lot of pickup-driving guys in this country with the gun > racks in the back and the Confederate flag flying. So you start waving > the American flag in front of their face and say, Hey, you're going to > get your chance you always wanted -- to fit your potbelly inside an > army uniform and carry a gun and shoot people. How appealing would > that be? > > And besides, if you do this, then you're going to get to eat. > > In other words, this is how it would unfold over three days, but, in > fact, very few Americans would know what to do about it or how to take > any precautions. They wouldn't have a clue because they don't > understand enough about economics to know what is happening. So that's > what it is -- Economic Armageddon. If the Bush-Cheney regime is re- > installed into power, that is effectively what Comptroller General > David Walker is saying. > > In conclusion, since there is very little the people of the United > States can do to protect themselves. We're not going to make any > suggestions of how to protect yourselves because there's very little > you can do. > > We could tell you to go out and buy gold coins and bury them in the > coffee can in the back yard and go to your nearest survivalist store, > but, frankly, that's useless. In the last analysis, it's a lot of > hype. There is very little the average US citizen could do. > > The only thing that can prevent this, as the Comptroller alluded to > when he was asked by Barbara Walters, How do we prevent reaching the > problem by 2009? He said simply, "A change of regimes." > > So how do you prevent it? Don't vote for Bush and Cheney -- and hope > that Bush does not use his emergency powers to cancel or postpone the > election by edict, powers which you, the flag-waving citizens, have > given him. > > All flag-waving citizens, be warned. If you want to vote for Bush- > Cheney again, make sure you got plenty of Spam on hand. > > Here's an interesting and humorous aside. A couple of days ago, Hormel > Foods, which makes Spam, announced that in the last six months there > have been record sales of Spam in the United States the survivalists' > food of choice. After all, they pride themselves on the fact, as the > spokesman for Hormel said, "It is the only food product you can buy > with an expiration that's 50 years." > > When everything goes to hell, when all that man has created has turned > to dust again, the final legacy is going to be Spam. It will be the > last surviving item -- when the anthropologists of 20 thousand years > from now are digging sites and they see these enormous mountains of > unopened cans of Spam They'll have monuments to the past out of Spam. > > So if Bush-Cheney has a second term in office, there will be some sort > of currency restriction, like Nixon did in 1971. On April 13, 2004, > Deputy Assistant Treasury Secretary John Boine talked about potential > currency restrictions. He used the word that's going to fuel the > flames of the survivalist and gloom-and-doom collapse people. > > It's very, very telling that the U.S. Treasury may institute a > restriction on the amount of U.S. dollars that can be converted into > gold. > > Furthermore, he intimated (and I suspected that this was coming, > although this wouldn't actually become law until Bush-Cheney was in > office for second term one way or another) that the Bush-Cheney regime > determines that the Gold Confiscation Act gives to Treasury the power > for so-called forced disclosure of gold holdings. > > I'm not quite sure of the language of the Gold Confiscation Act from > 1933. It just says, "compelled", as in citizens are lawfully compelled > to redeem gold for script. I don't think there was any such provision, > which he was inferring that there is. That was FDR's "Raw Deal" of > 1934, when people were coerced into giving up their gold. But nowhere > in this act does it specifically authorize the Treasury to mandate > citizens to report their gold holdings. So if this gets any press at > all, particularly within the circles of gold bugs and so on, watch > out. > > Furthermore, on Washington Journal they were talking about how FEMA > has recommended to the Office of Homeland Security to have increased > restrictions regarding citizen hoarding of long-term food and fuel > supplies. That's pretty sinister too. > > What they're talking about is the purchase of long-term so-called > stores of survival food. FEMA was talking about some sort of > restriction preventing people from accumulating food stores; putting > it simply, that's what it means. The second point was to increase > restrictions that already exist. > > FEMA was recommending even tighter restrictions on citizens building > their own private property underground storage tanks for the purposes > of long-term storage of fuel. The real intent of this is is threefold: > a) to restrict citizens' ability to hoard food; b) restrict citizens' > ability to hoard long-term storage of fuel; c) the forced > identification of citizens to reveal food and fuel stocks they may be > hoarding. > > And that, in my opinion, is the real essence. The Bush-Cheney regime > was scared of having the FEMA angle put into the equation because they > knew what it means and how people would interpret it. > > They have tried to use environmental legislation to restrict people's > ability to build fuel storage facilities on their own property -- to > get around what the true intent of that was. > > But the bigger picture is that if you start to limit citizens' ability > to hoard fuel and food and shake them up by potential forced > identification of gold holdings or forced redemption. > > In other words, what you don't want is citizens who have the ability > to store a lot of food and fuel and to own gold because they would be > able to resist state control in the future. > > You've got to have every citizen on a rationing card to control the > civilian population. You can't have citizens out there hoarding food > and fuel because then people can say to government,"I ain't taking a > rationing card, baby, with my national ID card. I don't have to. You > can't control me through food and fuel and ever-worthless paper > currency." > > I used to make fun of these people. But now, things have come full > circle on this debate. The Bush-Cheney regime is making it > increasingly clear through their small changes in policy. Not a lot of > people monitor these decisions, but I do. And the pattern is becoming > increasingly clear. > > In fact, I would believe that those of the survivalist mentality (the > food, fuel, the gold coins in the coffee can in the back yard) people > who think that way will be ultimately vindicated - if George Bush has > a second term in office. > > People should quit making fun of them because they would be vindicated > - even though they were all burned out, twenty-dollared to death, > buying books and tapes, and discredited by mainstream media. It may > sound like a hollow victory, but it won't be a hollow victory for them > - them that's got the Spam... > > http://groups.google.com/group/misc.invest.stocks/msg/06f296ee4dbac8a2 >
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