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OT 06-27
If you do not post comments, the terrorists will win!
The real questions for b and ralphieboy, and whoever else is in Germany, is who pays what percentage of the tax? Are corporations paying any tax, or virtually none as in the US. Is the VAT regressive or not? How is wealth being transered? From who to whom? (And what would Mrs. Fabrizi, my 8th grade English teacher, think about the last sentence?)
@hopping madbunny: good qustions. Keep hopping.
I too was wondering about Tante Aime (who did post once on the Moon future thread, I think)
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My own personal recommendation for the Zacarias Moussaoui trial is that we move it to Broadway and get the likes of Andrew Lloyd Webber (not serious enough for Sonheim) involved. I think what’s missing is lots of flashy outfits, like ‘Cats’, and a few good dance numbers.
We already have ‘Gangsta’ chic, this whole thing is simply crying out for ‘Terrorist’ chic — The Afghani pillbox hats are already in fashion in NY, but with a little diligence, 7th Avenue CAN spread this into the heartland. (Next winter’s buying season is a mere three months away!) And I know that real middle Americans in the heartland would love promenading down Main and Central with the feel of an ‘AK’ in their hands, and a few ropes of bullets strung over their necks. Why, it could double as an exercize routine, with Richard Simmons selling videotapes! Memo to Rummy, “Think spinoff.”
The sets to the musical will be tremendous. Creating a soaring backdrop of those icy mountains and training camps in Afghanistan is quite a challenge. Oh, and while we are on the training camps, I think it might be a good place for a song about ‘male commeraderie’, taking place, in the vast remoteness of the desert, under the icy stars, and, of course, under the loving gaze of Allah himself.
Which brings me to a potential weakness of this play: There are simply not enough roles for women! Yes, we can give Sibel Edmunds a cameo about how ‘research spurned’ is no research at all, but we really must get the mothers of all these terorists involved. Maybe we could do a split set, with Zacarias, alone at a table in Minnesota, composing a moving letter to his mother, and then his, and all the other, mothers standing sadly in their burkas, a kind of Greek chorus, reading tearful replies back to their ‘boys.’ This is the point where you introduce a little psychological drama, a little family dynamics, to explain the terrorism — bring the brothers and sisters, oh, and definitely an old girlfriend in, to voice their parts.
After this they all break into a big dance number, circling around and around their tiny village in Afghanistan. After all, from what I’ve been told, terrorism IS a kind of “TRADITION” over there.
Then, when we get to the planning and training scenes, I think that the whole set should revert from technicolor to a kind of black-and-white film noir treatment. Violins should saw their way up and down the scales, almost randomly, as a menacing backdrop. This is definitely the place for the single table, the cone of light dangling fom above, a bottle of whatever rotgut they really drink, a few grizzly, determined men clustered around the table, and maybe a goat, slowly turning and roasting on a spit, over an open flame, in the background.
But the center of the musical must be the trial. Lets go whole hog (whoops, bad metaphor!) here, a little over the top. I say give the judge one of those big powdered wigs to symbolize ‘Islamofascist terrorism’ confronting ‘English justice.’ Maybe he should stand holding a scale, too, and as the lawyers make their cases, they can go up to the scale and solemly place a token, a doll, maybe, representing one of the dead, on one side, or the other, of the scale.
This is also the place for Kafka himself to make an appearance, for his role is like the jester or fool in Shakespeare. He is the modern day “deconstructionist,” taking apart every role, including the falsity of the set and actors themselves, before our eyes. What we are left with is a musical hermeneutics where all values are atonal and truth is relative. By the time he exits, we, the audience, understand that right and wrong are merely symbols we assign to different placemarkers in the text.
This is a good place to insert a modern Merce-like number, where members of the cast, caught up in their internal anomie, dash frantically back and forth across the stage from various angles. Occasionally, a group forms, attempting to prop one slumping member or another up, but in the end it is hopeless, and the entire cast collapses in one huge exhausted heap, just slightly off center of the stage.
Now, we don’t want to get too serious here,and the jurors are a great potential source of comic relief, as we depict their daily trials and tribulations just to get to the court on time. And we do want children to feel comfortable too. So I think that Zacarias should be portrayed as VERY ticklish, to kind of take the edge off of him. When the stun belt, or whatever it is that he wears beneath his orange jumpsuit, goes off after he answers a question, he should reflexively collapse into a fit of laughter, and roll around on the floor, holding his belly.
The verdict should be a ‘space’ where the entire cast can gather into one large collective song and dance, magically overcoming differences between oppressor and oppressed, with the transformative power of song.
Oh, and at the end, close with a haunting solo from Moussaoui about how his entire life has been spent “missing the plane.”
Posted by: Malooga | Mar 29 2006 14:52 utc | 22
The real questions for b and ralphieboy, and whoever else is in Germany, is who pays what percentage of the tax? Are corporations paying any tax, or virtually none as in the US. Is the VAT regressive or not? How is wealth being transered? From who to whom? (And what would Mrs. Fabrizi, my 8th grade English teacher, think about the last sentence?)
@hopping madbunny: good qustions. Keep hopping.
I too was wondering about Tante Aime (who did post once on the Moon future thread, I think)
************************************
My own personal recommendation for the Zacarias Moussaoui trial is that we move it to Broadway and get the likes of Andrew Lloyd Webber (not serious enough for Sonheim) involved. I think what’s missing is lots of flashy outfits, like ‘Cats’, and a few good dance numbers.
We already have ‘Gangsta’ chic, this whole thing is simply crying out for ‘Terrorist’ chic — The Afghani pillbox hats are already in fashion in NY, but with a little diligence, 7th Avenue CAN spread this into the heartland. (Next winter’s buying season is a mere three months away!) And I know that real middle Americans in the heartland would love promenading down Main and Central with the feel of an ‘AK’ in their hands, and a few ropes of bullets strung over their necks. Why, it could double as an exercize routine, with Richard Simmons selling videotapes! Memo to Rummy, “Think spinoff.”
The sets to the musical will be tremendous. Creating a soaring backdrop of those icy mountains and training camps in Afghanistan is quite a challenge. Oh, and while we are on the training camps, I think it might be a good place for a song about ‘male commeraderie’, taking place, in the vast remoteness of the desert, under the icy stars, and, of course, under the loving gaze of Allah himself.
Which brings me to a potential weakness of this play: There are simply not enough roles for women! Yes, we can give Sibel Edmunds a cameo about how ‘research spurned’ is no research at all, but we really must get the mothers of all these terorists involved. Maybe we could do a split set, with Zacarias, alone at a table in Minnesota, composing a moving letter to his mother, and then his, and all the other, mothers standing sadly in their burkas, a kind of Greek chorus, reading tearful replies back to their ‘boys.’ This is the point where you introduce a little psychological drama, a little family dynamics, to explain the terrorism — bring the brothers and sisters, oh, and definitely an old girlfriend in, to voice their parts.
After this they all break into a big dance number, circling around and around their tiny village in Afghanistan. After all, from what I’ve been told, terrorism IS a kind of “TRADITION” over there.
Then, when we get to the planning and training scenes, I think that the whole set should revert from technicolor to a kind of black-and-white film noir treatment. Violins should saw their way up and down the scales, almost randomly, as a menacing backdrop. This is definitely the place for the single table, the cone of light dangling fom above, a bottle of whatever rotgut they really drink, a few grizzly, determined men clustered around the table, and maybe a goat, slowly turning and roasting on a spit, over an open flame, in the background.
But the center of the musical must be the trial. Lets go whole hog (whoops, bad metaphor!) here, a little over the top. I say give the judge one of those big powdered wigs to symbolize ‘Islamofascist terrorism’ confronting ‘English justice.’ Maybe he should stand holding a scale, too, and as the lawyers make their cases, they can go up to the scale and solemly place a token, a doll, maybe, representing one of the dead, on one side, or the other, of the scale.
This is also the place for Kafka himself to make an appearance, for his role is like the jester or fool in Shakespeare. He is the modern day “deconstructionist,” taking apart every role, including the falsity of the set and actors themselves, before our eyes. What we are left with is a musical hermeneutics where all values are atonal and truth is relative. By the time he exits, we, the audience, understand that right and wrong are merely symbols we assign to different placemarkers in the text.
This is a good place to insert a modern Merce-like number, where members of the cast, caught up in their internal anomie, dash frantically back and forth across the stage from various angles. Occasionally, a group forms, attempting to prop one slumping member or another up, but in the end it is hopeless, and the entire cast collapses in one huge exhausted heap, just slightly off center of the stage.
Now, we don’t want to get too serious here,and the jurors are a great potential source of comic relief, as we depict their daily trials and tribulations just to get to the court on time. And we do want children to feel comfortable too. So I think that Zacarias should be portrayed as VERY ticklish, to kind of take the edge off of him. When the stun belt, or whatever it is that he wears beneath his orange jumpsuit, goes off after he answers a question, he should reflexively collapse into a fit of laughter, and roll around on the floor, holding his belly.
The verdict should be a ‘space’ where the entire cast can gather into one large collective song and dance, magically overcoming differences between oppressor and oppressed, with the transformative power of song.
Oh, and at the end, close with a haunting solo from Moussaoui about how his entire life has been spent “missing the plane.”
Posted by: Malooga | Mar 29 2006 14:53 utc | 23
Here’s something to share with your neocon friends:
Bush Is No Conservative
March 29, 2006
by Paul Craig Roberts
President Bush passes himself off as a conservative Republican and a born-again Christian. These are disguises behind which Bush hides. Would a Christian invade another country on false pretenses, kill tens of thousands of innocent civilians, and show no remorse or inclination to cease the aggression?
Longtime Republican policy wonk Bruce Bartlett recently published a book, Impostor, in which he proves that President Bush is no economic conservative, having broken all records in spending taxpayers’ money and running up public debt.
Were Bush merely another big spender, his presidency wouldn’t differ from other pork-barrel administrations, but Bush’s radicalism goes far beyond spending. Bush has taken an irreverent approach to the U.S. Constitution.
Bush bears no resemblance to a political conservative. A political conservative does not confuse government with country. Patriotism means loyalty to country. Bush, however, demands allegiance to his government: “You are with us or against us!” Critics of the Bush administration are branded “unpatriotic” and even “treasonous.”
Loyalty to country means allegiance to the Constitution, the Bill of Rights, and the separation of powers. It does not mean blind support for a president, an administration, or a political party.
The separation of powers and civil liberties that were bequeathed to us by the Founding Fathers are the protectors of our liberty. Bush, who swore on the Bible that he would defend and uphold the Constitution, has made it clear that he will not let the Constitution get in the way of expanding the powers of his office.
Bush has overridden a number of protections in the Bill of Rights. The right to assemble and to demonstrate has been infringed. The Secret Service now routinely removes protesters from the scene of Bush political events. Many unthinking Americans go along with this authoritarianism because they don’t agree with the protesters, but once the right is lost, everyone loses it.
Bush has ignored habeas corpus, and he claims the unconstitutional power to arrest and detain people indefinitely without a warrant and without presenting charges to a judge. This is the most dangerous abuse of all, because whoever is in office can use this power against political opponents. Many unthinking Americans are not concerned, because they think this power will be used only against terrorists. However, as the Bush administration has admitted, many of its detainees are not terrorists. Most are innocent people kidnapped by tribal leaders and sold to the U.S. for the bounties paid for “terrorists.”
Bush has refused to obey statutory law, specifically the Foreign Intelligence Surveillance Act (FISA). Bush claims that as commander in chief he has the right to ignore the law and to spy on Americans without a warrant. Many unthinking Americans are unconcerned, saying that as they are doing nothing wrong they have nothing to fear. This attitude misses the point in a large way. If a president can establish himself above one law, he can establish himself above all laws. There is no line drawn through the law that divides the laws between the ones the president must obey and the ones he need not obey.
FISA does not interfere with government spying for national security purposes. Secrecy is protected, because the court of federal judges that issues the warrants is secret. Moreover, the law allows the government to spy first and then come to the court for a warrant. The purpose of the warrant is to be sure that the government is spying for legitimate purposes and not abusing the power to spy on political opponents for nefarious purposes.
When presidents sign a bill passed by Congress that they think might be interpreted in ways that could impinge on the powers of their office, they add a “signing statement” to protect traditional presidential powers. Under Bush, this practice has exploded. Bush has used signing statements considerably in excess of all previous presidents combined. Moreover, Bush uses the statements not to protect presidential powers, but to nullify acts of Congress, such as Republican Sen. John McCain’s law against torture. Bush is using signing statements to turn the presidency into a dictatorship in which the executive is not accountable to laws passed by Congress. The next step is simply to announce that the executive is not accountable to elections either.
Bush’s government is the first in our history in which there are no dissenting voices and no debate. Uniformity of opinion is more characteristic of a dictatorial government than a conservative one. Bush’s government is all of one mind, because all important positions are held by neoconservatives.
Neoconservative is a deceptive term. It means “new conservatives,” but there is nothing conservative about neocons. Neoconservatives believe in imposing their agenda on other countries – the antithesis of American conservatism.
In short, real conservatives believe in conserving the Constitution, government accountability, and civil liberties, and avoiding foreign entanglements. Judging by its behavior and its statements, the Bush administration stands completely outside the conservative tradition.
Here’s Dr. Roberts’ biography. He is an old time Conservative and certainly knows that Bush is not.
Posted by: Ensley | Mar 29 2006 15:12 utc | 26
@anna missed:
I even have a working title: “Moussaoui!”
@jj:
Thanks for the background on Fitts. Her work blew me away when I discovered it two years ago. It is easy to sit back and analyze power relations and problems; it is infinitely harder to come up with workable solutions. Her work is among the most radical and important of our day.
“He said “elect women” to Congress. Since they’re the underclass, they don’t engage in sexual affairs, so can’t be blackmailed. “Washington runs on blackmail.”
Got it – Washington Runs on Blackmail.
One of the probs. w/Chomsky, safely ensconced in his rational universe in the Academy, is that he knows zero about the dark side of the Real, operational world of politics.”
I agree with your point, and I would be willing to guess that 95%, or more, of those at the Senate level are being blackmailed. For the House, I would give the edge to pure criminal venality. But you do have to “pass the bar” to play with the big boys. In essense, I think that is what clubs like “Skull & Bones” are really about — getting you in the right mindset to play with the adults.
I don’t see women as any less compromised than the men. If Pelosi, Hilary, and Condi are not “made men,” then I don’t know what they are.
By the way, I never realized that you were female either.
I agree with your statement about Chomsky. I don’t think it skews his power analyses, but it does account for the difficulty in effecting change.
And your theories about the coming putsch are quite interesting. I’m not sure what to make of it, but one can still dream, can’t one.
@ Noisette:
I don’t know what DR Griffin “gets” from all this either. But, I really do like him. I don’t think original research is all that important here. What DRG does, is cut through the hundreds of theories and explanations out on the web, and simply and clearly present only the most obvious stuff, the stuff you can share with your Aunt Edna in the kitchen over coffee and pound cake, and watch her mouth tighten and wriggle like a caught fish, and then finally relent and drop down, and hear the long sibilant, “oh……..” softly, almost unconsciously, escaping her lips.
And he keeps himself out of it, as opposed to Ruppert, who in one 1/2 hr. interview I aired of him, with Sue Supriani, “out of Babylon”, says three separate times, “I’m only here to save lives…” Gedouttaheah! Self-serving ego like that stinks, whether it comes from some swarmy guru or the operator of a pay-per-view website.
Posted by: Malooga | Mar 29 2006 22:49 utc | 53
A friend e-mailed me the following, which is relatively long but quite interesting food for thought. Having sd that, I neither believe nor disbelieve it:
Protocols for Economic Collapse in America
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…
addendum:
Some what related, is this outline the activities of a few of the more than 100 private mercenary outfits.
Aegis Defence Services Ltd
Olive Group FZ LLC
ISI
International Charters, Inc. (ici)
Blackwater usa
Titan Corp
Zapata Engineering (ordinance handling)
Armor Holdings Inc
Cochise Consultancy
DynCorp International LLC
SAIC-Science Applications Intl Corp.
Special Operations Consulting LLC
Triple Canopy Inc.
Triple Options
MPRI-Military Professional Resources Incorporated
Vinnell
BDM International Inc.
Here’s a good introductory link by P.W. Singer that outlines the problem:
Peacekeepers, Inc.
http://www.policyreview.org/jun03/singer.html
Posted by: Uncle $cam | Mar 30 2006 6:27 utc | 75
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