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PROTOCOLS FOR ECONOMIC COLLAPSE IN AMERICA
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[quote:Anonymous Coward 78102:MV8yMTY1ODQ1XzhERUE4NzZG] declaration of force majeure would be precipitated by the declarationthat the United States is no longer able to service its debt. That's pretty simple. Who makes that decision? The Treasury Department. ThePresident does not make that decision. The Secretary of the Treasurydoes. 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 todo.The day of reckoning is now coming. What has happened in the interim,from 2001 to present, is dynamic, global economic deterioration. More at link http://www.scribd.com/doc/6365690/Protocols-for-Economic-Collapse-in-America-by-Al-Martin [/quote]
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declaration of force majeure would be precipitated by the declarationthat the United States is no longer able to service its debt. That's pretty simple. Who makes that decision? The Treasury Department. ThePresident does not make that decision. The Secretary of the Treasurydoes. 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 todo.The day of reckoning is now coming. What has happened in the interim,from 2001 to present, is dynamic, global economic deterioration.
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