<<An actual US default, though, could trigger a crisis that would sweep away the strongest defenses. Bloomberg has explained how it would dwarf the Lehman crisis five years ago:
http://www.bloomberg.com/news/2013-10-07/a-u-s-default-seen-as-catastrophe-dwarfing-lehman-s-fall.html Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever seen. Failure by the world’s largest borrower to pay its debt -- unprecedented in modern history -- will devastate stock markets from Brazil to Zurich, halt a $5 trillion lending mechanism for investors who rely on Treasuries, blow up borrowing costs for billions of people and companies, ravage the dollar and throw the U.S. and world economies into a recession that probably would become a depression. Among the dozens of money managers, economists, bankers, traders and former government officials interviewed for this story, few view a U.S. default as anything but a financial apocalypse. The $12 trillion of outstanding government debt is 23 times the $517 billion Lehman owed when it filed for bankruptcy on Sept. 15, 2008. IN 2008, the U.S. stock market lost almost half its value in the five months following Lehman’s failure. The country had its worst recession since the Great Depression (INDU), taking the global economy down with it. Unemployment (USURTOT) surged to 10 percent, the highest in three decades. >>
<< The U.S. didn’t default on its debt in 2011. Republicans and Democrats reached a last-minute deal to raise the borrowing limit. Even so, the posturing hurt consumer confidence and wiped out $6 trillion of value from global stocks.>>
SIX TRILLION DOLLARS, DOWN THE SEWER, UNRECOVERABLE TO THIS DAY!
"'It should be like nuclear bombs, basically too horrible to use,” Warren Buffett, 83, said in an interview published by Fortune magazine last week.'"
On Saturday, the Senate failed to advance a Democratic plan to extend the debt ceiling through the end of 2014. They all had a few drinks and then took Sunday off...ho-hum, such a taxing job, being in CON-gress.
S 1569 , to extend the debt ceiling through the end of 2014, a procedural vote on this bill, failed on a party-line vote.
"'FAILED ON A PARTY-LINE VOTE.'"
LET THAT SINK IN FOR A MOMENT.
IT DIDN'T FAIL BECAUSE IT WAS UNWORKABLE, IT DIDN'T GET ANY DEBATE, NO ONE ON CAPITOL HILL RUSHED TO CHECK WITH THEIR OFFICES ON WHAT THE PEOPLE FROM THEIR STATES WERE SAYING TO THEM BY EMAIL, PHONE CALLS OR LETTERS, NOT ONE CARED WHAT WE, THE PEOPLE WANTED, THEY JUST VOTED BY PARTY!
BY %$*&&^$%@^&^!!%* PARTY...AGAIN!
POLLS ACROSS THE NATION, STATE POLLS, NEWS AGENCY POLLS, ALL POLLS SHOW THAT THE VAST MAJORITY OF AMERICANS ARE SICK OF THIS CONGRESSIONAL CRAPOLA AND WANT THE DEMENTED WHORES IN BOTH "HOUSES" TO STOP THE LUNACY AND NOT DEFAULT!
EVEN THE POLL THAT THE REPUBLICANS PAID HIGH-DOLLAR FOR SHOWED 71% SAID "END THE DAMNED SHUTDOWN, NOW!" 59% OF THOSE WERE PURE REPUBLICAN VOTERS!
WHAT MORE DO THEY NEED?
THE PEOPLE HAVE SPOKEN, BUT, AS ALWAYS, CONGRESS HAS THEIR FINGERS STUCK IN THEIR EARS, HUMMING LOUDLY, IGNORING US!
DEFAULT...DEFAULT ON LOANS, WHICH WILL RUIN AMERICA'S CREDIT RATING!
DEFAULT...WHICH WILL DESTROY THE GLOBAL ECONOMY AND TAKE AMERICA OUT OF THE PICTURE IN FINANCIAL MARKETS ALL OVER THIS PLANET!
THE TREASONOUS JACKALS ARE TAKING US TO DEFAULT!
HEADLINES BLARED.."'The US dollar is still down against most major currencies.'"
I CAN SEE OLD "DADDY BUSH", WITH HIS TRILLIONS FROM THAT WANTA FUND, DANCING JIGS IN HIS MISMATCHED SOCKS. THIS IS WHAT HIS "NEW WORLD ORDER" WANTED ALL ALONG...THE TOTAL COLLAPSE OF THE AMERICAN ECONOMY TO MAKE ROOM FOR A NEW GLOBAL GOVERNANCE OF AMERICA....THE END OF THE REPUBLIC THE FOUNDERS FOUGHT FOR IN 1776.
[SEE "The 'Wanta Plan' & The Global Security Fund", http://havacuppahemlock1.blogspot.com/2012/12/the-wanta-plan-global-security-fund.html FOR THE FACTS ON THIS. IT WAS THE BIGGEST HEIST IN THE HISTORY OF THE WORLD AND IT'S ONGOING!]
[ALSO SEE DADDY BUSH PUSHING THAT NEW WORLD ORDER, GLOBAL DOMINANCE OVER AMERICA, IN THIS HISTORICAL VIDEO, AND TAKE NOTE THAT HE ANNOUNCED THIS EXACTLY 10 YEARS BEFORE THE 9/11 TRAGEDY, ON SEPT. 11, 1991 : http://youtu.be/VtlO39wIRWshttp://youtu.be/VtlO39wIRWs AND ALSO http://youtu.be/byxeOG_pZ1o . THAT'S DEDICATION TO A PURPOSE, MY FRIENDS! EVERY POLITICIAN SINCE BUSH SENIOR, AND SOME EVEN BEFORE THAT, HAVE TRIED TO STEER US TOWARD THAT 'NEW WORLD ORDER'...REAGAN (ACCORDING TO BUSH, SR.), CARTER, ALL SINCE JFK, WHO SPOKE OUT AGAINST IT, AND WAS ASSASSINATED SOON AFTERWARD... SEE THESE VIDEOS ARRANGED IN A PLAYLIST OF SOME OF THOSE TOUTING THIS GLOBALIZATION OF AMERICA, THIS "NEW WORLD ORDER" http://www.youtube.com/watch?v=UbRp7xlhgbo&feature=share&list=PL2D0646EC21AFE312]
[INTERESTINGLY, ON 06/06/2006, GEORGE JUNIOR ANNOUNCED THE BIOMETRIC IDENTIFICATION SYSTEM, WHAT SOME HAVE CALLED THE "MARK OF THE BEAST", MAKING MANDATORY FOR ALL WHO HOPE TO BE EMPLOYED THAT THEY SUBMIT TO BIOMETRIC IDs TO HOLD A U.S. JOB. http://youtu.be/82L3qU33CwY ]
I NEVER DREAMED I'D LIVE TO SEE SUCH A NIGHTMARE BECOME REALITY!
MY NATION IS IN HER DEATH THROES AND, IN SPITE OF ALL I HAVE TRIED TO DO TO HELP SAVE HER, IT'S COME TO THIS!
IN THE MIDST OF ALL THE CHAOS, WHAT HAS CONGRESS BEEN DOING?
THEY'VE HAD SEVERAL, SEVERAL ROUNDS OF DRINKS, TOOK SUNDAY OFF, AND IT'S STILL A "PARTY THING" UP ON THE HILL IN MORE WAYS THAN ONE!
THE ELITIST BANKERS AND THEIR CALL-GIRLS ARE SURELY CELEBRATING! FOR THEM, FOR ALL WHO INVEST INTERNATIONALLY, THE FALL OF THE DOLLAR WILL MEAN THE RISE IN THE CURRENCIES THEY HOLD, A RISE IN THEIR PROFITS. WITH AMERICA ON HER KNEES, AMERICAN WORKERS WILL BE HAPPY TO GET JOBS AT LESS THAN MINIMUM WAGE! THOSE MEGA-CORPORATIONS CAN PAY A DOLLAR A DAY AFTER THE FINANCIAL COLLAPSE OF AMERICA AND GET AWAY WITH IT!
THEY WON'T HAVE TO PAY OVERTIME, PAY FOR INSURANCE, NOR PAY INTO SOCIAL SECURITY/MEDICARE FOR ANYONE ANYMORE!
NO MORE WORKMAN'S COMP, NO MORE PAID VACATIONS, JUST SMOOTH SAILING IN THE "NEW WORLD ORDER"!
IT'S ALL ABOUT TAKING CARE OF THE REAL RULING CLASS, AND FOR 98% OF AMERICANS, "THAT AIN'T US!"
CHINA, OUR LARGEST DEBT-HOLDER, THE ONE WE OWE THE MOST MONEY TO HAS ISSUED SEVERAL WARNINGS.
IF THEY DUMP THEIR U.S. HOLDINGS, IT'S LIGHTS OUT FOR AMERICA!
"China warns US over debt ceiling as deadlock hits markets"
<<China has raised the pressure on the US today, warning that time is running out to raise its debt ceiling.
As the biggest single holder of US debt, China would be in the front line to suffer if Treasury prices fell - and would obviously be hit if the US were to stumble into a technical default.
Vice finance minister Zhu Guangyao told reporters in Beijing that America needs to take decisive steps to prevent hitting its debt limit.>>
Wall Street open: Dow falls
• FTSE 100: down 51 points at 6403, - 0.8%
Shares are falling in New York as the echoes from the Wall Street opening bell fade away.
The Dow Jones industrial average is down 140 points in the first few minutes to 14931, a drop of almost 1%.
The other indices are also down, matching losses in Europe.
• German DAX: down 73 points at 8549 ,- 0.85%
• French CAC: down 28 points at 4136, -0.67%
THAT'S NOT EVEN THE BEGINNING OF SORROWS, NOT EVEN A DROP IN THE OCEAN COMPARED TO THE TSUNAMI WE WILL NOW SEE AS AMERICA DEFAULTS AND CONGRESS PARTIES ON!
A NEW WORLD ORDER IS NOT A "CONSPIRACY THEORY", NOT A MYTH, NOT SOMETHING 'NUTCASES' HAVE MADE UP!
EISENHOWER WARNED ABOUT IT, JFK DID, EVEN REAGAN DID WHEN HE SUPPORTED BARRY GOLDWATER.
OUT OF THEIR OWN MOUTHS, ,IN THEIR OWN WORDS, WE CAN LISTEN TO THE PUSH FOR THIS!!!
- "We are not going to achieve a new world order without paying for it in blood as well as in words and money." Arthur Schlesinger, Jr., in Foreign Affairs (July/August 1995)
"Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond [i.e., an "extraterrestrial" invasion], whether real or *promulgated* [emphasis mine], that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this *scenario*, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government." ~Dr. Henry Kissinger, Evians, France, 1991
"The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and Communism under the same tent, all under their control.... Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent." Congressman Larry P. McDonald, 1976, killed in the Korean Airlines 747 that was "shot down by the Soviets".
"The New World Order will have to be built from the bottom up rather than from the top down...but in the end run around national sovereignty, eroding it piece by piece will accomplish much more than the old fashioned frontal assault." CFR member Richard Gardner, writing in the April l974 issue of the CFR's journal, Foreign Affairs.
"...This regionalization is in keeping with the Tri-Lateral Plan which calls for a gradual convergence of East and West, ultimately leading toward the goal of "one world government'....National sovereignty is no longer a viable concept..." ~ Zbigniew Brzezinski, National Security Advisor to President Jimmy Carter.
- "We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries." David Rockefeller, founder of the Trilateral Commission, in an address to a meeting of The Trilateral Commission, in June, 1991.
"We shall have world government whether or not you like it, by conquest or consent." Statement by Council on Foreign Relations (CFR) member James Warburg to The Senate Foreign Relations Committee on February 17th, l950
WOODROW WILSON WAS TERRIFIED BY THE THOUGHT OF IT:
"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the Field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it." ~Woodrow Wilson, IN HIS OWN WORDS IN "The New Freedom" (1913)
WINSTON CHURCHILL SAW IT, BELIEVED IT:
"From the days of Spartacus, Wieskhopf, Karl Marx, Trotsky, Rosa Luxemberg, and Emma Goldman, this world conspiracy has been steadily growing. This conspiracy played a definite recognizable role in the tragedy of the French revolution. It has been the mainspring of every subversive movement during the 19th century. And now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their head and have become the undisputed masters of that enormous empire." Winston Churchill, stated to the London Press, in l922.
- "The real rulers in Washington are invisible, and exercise power from behind the scenes." ~Supreme Court Justice Felix Frankfurter, 1952
- "Fifty men have run America, and that's a high figure." ~Joseph Kennedy, father of JFK, in the July 26th, l936 issue of The New York Times.
"The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market....The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank." ~Curtis Dall, FDR's son-in-law as quoted in his book, "My Exploited Father-in-Law".
WELL, FDR HIMSELF WROTE AND SPOKE OF THIS MANY TIMES!
"The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson." A letter written by FDR to Colonel House, November 21st, l933
- "The case for government by elites is irrefutable." Senator William Fulbright, Former chairman of the US Senate Foreign Relations Committee, stated at a 1963 symposium entitled: The Elite and the Electorate - Is Government by the People Possible?
- "The Trilateral Commission is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States. The Trilateral Commission represents a skillful, coordinated effort to seize control and consolidate the four centers of power political, monetary, intellectual and ecclesiastical. What the Trilateral Commission intends is to create a worldwide economic power superior to the political governments of the nationstates involved. As managers and creators of the system, they will rule the future." ~U.S. Senator Barry Goldwater in his l964 book: "With No Apologies".
IF YOU ARE THE GOVERNMENT AND YOU SEE A PIECE OF LAND THAT YOU WANT, ALL YOU HAVE TO DO IS DECLARE THAT LAND "CONDEMNED", JUST CONDEMN IT, THEN YOU CAN GET IT FOR FREE OR FOR PENNIES ON THE DOLLAR.
THAT'S WHAT'S HAPPENING HERE, CITIZENS!
THOSE IN ABSOLUTE POWER OVER OUR "ELECTEDS" HAVE CONDEMNED AMERICA, AND STAND AT THE READY TO TAKE HER OVER, LOCK, STOCK AND BARREL!
THE GLOBAL ELITE HAVE FINALLY FOUND THEMSELVES A GROUP OF MEN AND WOMEN WHO ARE WILLING, READY, AND ABLE TO CUT AMERICA'S THROAT!
THIS IS THE FINAL ACT, THE SCENES JUST BEFORE THE CURTAIN FALLS ON THE REPUBLIC OF THE UNITED STATES OF AMERICA.
WE WON'T HAVE THIS MEANS OF COMMUNICATION OPEN TO US MUCH LONGER, I SUSPECT.
ONCE THE RIOTS BEGIN OVER AMERICA'S ECONOMIC DEVASTATION, ONCE THE AMERICAN PEOPLE REALIZE JUST HOW SUDDENLY THIS NATION IS SHUT-DOWN FOR GOOD, ONCE "ALL HELL BREAKS LOOSE", WE WON'T GET THE NEWS ANYMORE, WE WON'T KNOW WHAT'S HAPPENING BECAUSE THE INTERNET WILL PROBABLY BE GONE AND WE'LL ALL BE COMPLETELY IN THE DARK AS MARTIAL LAW BECOMES THE RULE.
DO YOU THINK THAT'S LUDICROUS, IMPOSSIBLE, NEVER GOING TO HAPPEN?
THAT'S WHAT THE GERMAN AND JEWISH PEOPLE THOUGHT, WHAT RUSSIANS THOUGHT, WHAT GREECE, ROME, EVEN ATTILA THE HUN THOUGHT.
EMPIRES RISE AND EMPIRES FALL.
WE COULD HAVE SAVED THIS ONE, BUT NO ONE WANTED TO BELIEVE SHE COULD BE DESTROYED.
IT'S TAKEN OVER 100 YEARS TO BRING HER DOWN, BUT THE MISSION IS ACCOMPLISHED...SOMEONE TELL BUSH, JR...HE WON'T HAVE A CLUE.
THE PUPPET STRINGS HAVE BEEN JERKED, CONGRESS DANCES ITS LAST SLOW WALTZ.
WHEN THEY REALIZE HOW THEY'VE BEEN DUPED AND USED AND USED UP, I WONDER IF ANY OF THEM WILL REGRET IT.
DEFAULT...DEFAULT MEANS WE WILL COME UNDER GLOBAL GOVERNANCE, BE PARTED OUT TO THE NATIONS AND POWERFUL MEN IN THOSE NATIONS TO WHOM WE ARE INDEBTED.
IT MEANS GOODBYE TO ALL WE HOPED FOR AND DREAMED OF FOR OURSELVES AND OUR CHILDREN.
A ONE-WORLD GOVERNMENT WAITS IN THE WINGS FOR US.
OUR NATIONAL SOVEREIGNTY, SINCE THE BUSH, JR. PATRIOT ACT, SINCE CARTER'S FEMA WAS GIVEN THE ABILITY TO NULLIFY OUR CONSTITUTION, SINCE FDR ALLOWED THE FED TO TAKE THE REINS OF OUR ECONOMY, SINCE WILSON WAS TOO NUMBED BY FEAR TO STOP IT, SINCE ALL THESE THINGS HAVE PERFECTLY COME TOGETHER, IS GONE...WE ARE NO LONGER A FREE PEOPLE.
WE HAVE LIVED TO SEE TYRANNY RULE.
IF YOU CAN, SAVE YOURSELVES SOMEHOW.
I WISH YOU WELL.