Federal Reserve and it's role in the New World Order

Here is a little article I came across today. It may be a bit extreme, or it might be right on. I don't know everything about the federal reserve, but it seems that many people are starting to get leery about our economy, well anyway, here it is, I do not know who wrote it.


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, WW III, 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 WW 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 US 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 US 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 US is no longer able to service its debt.


That's pretty simple. Who makes that decision? 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 US by Bushonomics is not a localized event. It is, in fact, global and has been a long time in the making.


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 it's 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 2001?

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 the Rothchild's bitches, 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?

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 imediatly or. 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 US Treasury, to wit, the US Treasury and Federal Reserve role-play the part.


Take CFR member Henry Kissinger.


It may not have occurred to anyone why in the last 8 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? It's because Kissinger is Rothchild's "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 planed process of unraveling had begun years ago because of ever-spiraling
Bushonian budget deficits.


The Bush/Cheney regime, even in it's 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 running out of assets that they can steal from the American people. The people's well has run dry. So the proverbial day of reckoning is coming.
VERY VERY SOON!

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.


The US Comptroller General and chief of the GAO has said back in the first term of Bush "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. Just watch the news and read a little. It's right in front of your faces.


Now, what does that mean? The key is in what The US Comptroller General is saying when he says "the debt can no longer be serviced." 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 US will no longer be able to sustain Bushonian budget deficits, he means that by 2009, the US 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 US, 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 flag waving sheeple 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), 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 US Treasury with sufficient revenues to continue to service debt.


The third option, C), becomes the declaration of a "force majeure" on credit service of the US debt by the US Treasury, which is tantamount and would be accurately construed as de facto debt repudiation by the United States of America.


When that day comes and the US Treasury declares a "force majeure" on debt, it wouldn't be broadcast on mainstream media.


There's no sense because the American people won'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 US 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 US 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 thousands of 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.


Remember, 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 25% 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 it's financial markets.


Europe would not even open.


All European governments would close all capital exchanges the next day.


The US 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 US Treasury and the Federal Reserve that all markets be closed.


That would be on the morning of Day Three. 11:00 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 forces parachuted in
and around them to secure whatever gold bullion reserves they had left.


Day Three, 9:00 p.m., the President would declare a state of martial law.


All financial transactions would come to an end. The Treasury would act to formally de-monetize the US dollar and publicly declare it worthless (some of us knew tha already!). 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 of the US as we know it and the beginning of "End Game".


These protocols that I'm referring to aren't even secret. They are publicly available through the Freedom of Information Act.(The U.S.
Treasury 6900 Series Collapse Protocol, 6903, 6904 there'll be A, B,
and so on which is 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)

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 US 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 Treasury Secretary of the US 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 myself, 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. All federal agencies had individual collapse protocols that ultimately got coordinated through the Department of Defense and FEMA. 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, effectively, all banks in the world will be shut down, all paper currencies will become valueless. There would be no continuing transactions of commodities. Troops will secure distribution points where there is food and fuel stocks, warehouses, arms, etc.

All providers of fuels and foods would be shut down automatically and the government would TAKE control. A state of martial law, Federal troops would be used in order to have the specific authority simply to shoot anyone. wide spread civil war would erupt all over the US then other effected Nations.