MOSCOW, Russia - September 19, 2008 - The Federal Security Service of the Russian Federation (FSB) is reporting in the Kremlin today that the Bank of England has received from the United States Federal Reserve Bank a ‘notice’ that President Bush is preparing to declare an ‘Economic Emergency’ during the week of October 5th and will further announce that the American presidential election due to be held on November 4th will be indefinitely suspended.

These reports state that the Governor of the Bank of England, Mervyn King, had expressed his ‘shock and outrage’ to his American counterparts at the U.S. Federal Reserve after the catastrophic collapse of one of the largest financial banks in the World, Lehman Brothers, and which caused both the Bank of England and the European Central Bank to rush $42 billion into the European economy yesterday to keep it from collapsing, and their own banks from running out of money, necessitating the response from the U.S. Central Bank leader Ben S. Bernanke.

As Prime Minister Putin had previously warned, the horrific hurricane storm that has devastated the State of Texas, and where a humanitarian crisis is presently unfolding, has, indeed, proved to be the proverbial ‘straw that broke the camel’s back’, as the catastrophic damage from this storm raced beyond the Gulf of Mexico coast and ravaged the heartland of America to such an extent that the Governors of Ohio and Kentucky have declared states of emergency as millions have been left without power.

The significance of this historic storm damage to the American economy, these reports say, led to the unprecedented pressures put upon the world’s largest insurance company American International Group (AIG) and its halt in negotiations, during a rare Sunday meeting in New York, to support the near bankrupt Lehman Brothers on Sunday, but which was then allowed to collapse and is now threatening to also destroy AIG itself.

Not being explained to the American people is that AIG, the world’s largest player in the $45 trillion derivatives market, during the past two weeks had bet heavily on the world markets against the damage from Hurricane Ike exceeding $2 billion in property damage, lost oil and gasoline production, lost wages and payments to companies forced to close, etc., that it is obligated to pay, but which the actual damages are now being estimated will exceed $1 trillion as the damages throughout the United States are finally tallied.

Such a calamitous action by AIG has basically shattered the western economic system, as reported by The Australian Business News Service in their article entitled, “Global banks brace for derivative blow-up,” which says:
”So here we are on the morning of D-Day. The world's major counterparties on the $US455 trillion derivatives market go into technical default and no one is sure what is going to happen.”

4 More Years of Bush

No.


In the case that an election is postponed, the Vice President becomes the acting President until the election

My last post for a while.

That is incorrect...

Under Executive Order 12919 "the President would put the United States under total Martial Law and Military Dictatorship."

"The President need not wait for some emergency to occur, however. He can declare a National Emergency at any time, and freeze everything. Congress, and the States, are powerless to prevent such an Executive Dictatorship, as long as the President advises Congress in a timely matter."

An economic emergency would hardly require martial law and whatnot, and hardly is grounds for declaring a "national emergency"


people keep saying things about the economy tanking, but no one I know is feeling the pinch
(maybe that means it's just rich people with tons of stocks being hurt by this thing?)

I will continue to post only because I enjoy educating those who are mislead.

Under the constitution, an economic collapse is grounds for martial law. Recently, some bills were passed stating exactly that.

Kimbo think about this:
When you put your money in the bank, the bank invests your money into stocks, bonds, mutual funds, annuities and other investment related situations. All of these things are related with the stock market, say the stock market crashes...The banks are going to lose all that money.

I'm not sure if you read the other post: viewtopic.php?f=36&t=514

But this indicates how bad this really is. If we are going as far as putting the Secretary of Treasurer in complete control of our economy, than its pretty bad. This bill has not yet been passed yet, but Cheny is backing it so it most likely will. If this does pass, our government will have complete control over the banks, and 700 million dollars (renewing) in unquestioned and un-reviewable spending. If they have complete control over the banks, the can stop withdraws if they really wanted to. They could put you in jail for defaulting on your loans or filing bankruptcy. There is so much uncertainty in the economy and this whole country that you can never be sure.

I'll leave you on this note:
The Insurrection act was recently changed to allow ACTIVE United States troops to be stationed on U.S. soil. The first of these groups is returning from Iraq to begin PATROLLING U.S. cities. The military has been training in Martial Law situations for some time now and they are very ready to carry it out.

Depending what happens in the next 2 week, I may post more about what I think is going to happen. Talk to you all then.

I enjoy posting because things are never as bad as people make them out to be.


You do know your stuff, and I do enjoy the refreshing break from posts of "stfu nub "

I agree that you should have your own "RedCell WorldNews" section




Anyway, I really don't see another Great Depression happening. People are panicking, and a moderate problem is being blown out of proportion.


Martial law in an economic crisis?
"Yes, I'm stationed here to protect you from plummeting stock prices"

Mass panic will result from an economic crisis, riots and looting etc... I don't want to talk about why this will happen, people will think I'm crazy, but I will PM you later.

and you guys say the canadian economy is fucked...

/careface.

Flippy doesnt say that He said he would rather live in Canada then britain

Looking forward to the debate tonight.

i couldn't care any less either way were fucked

South Park Season 8 Episode 8

Perfectly describes this year's election

Vote of DIE

LOL, This is very, very, far fetched. Declaring martial law because of poor economy would be a death sentence for America and Bush. I think there are plenty of very important politicians, and more importantly, the citizens of the US of A that would not let this happen.

The person who wrote this article is probably one of those anti-government noobs who lives in his VW bus, sellling, "Grass", and "sugar cubes" to the kids to help them free their minds from goverment control.