Allow me to set the stage here. On roughly March 12th our secretary of treasury was asked by Europe to come speak to them about the current global economic crisis. He was asked by the leaders of the European Nations to STOP all the stimulus plans or else it would bankrupt the Euro and most of the world. This made headline news and is not something that is disputed. China has also been making the news, demanding that we stop devaluing our dollar, which they are heavily invested in. Again, not breaking news or disputed.
Basically the point they present is that the US cannot spend it's way out of this problem without causing major harm to the entire global economy. We get that right? Or do we?
Russian Foreign Ministry reports on the upcoming meeting between President Obama and British Prime Minister Gordon Brown are stating that the new US President is preparing to fully break with his European Allies over the handling of the worst Global Economic Crisis since the Great Depression and has marked June 1, 2009 as the ‘deadline’ for his own Congress to adopt his emergency measures, after which these reports say he will declare that America is in an economic ‘State of Emergency’ and fight for its very survival which will require his rule by edict and suspension of all rights and normal laws. (Full Story click here)
So what does this all mean? Let's break it down for you.
1. If congress does not pass his finance bill by June 1, 2009, he will declare a state of MARSHALL LAW.
2. If congress DOES PASS his plan, we bankrupt the rest of the world and face going bankrupt ourselves anyway. (Global Poverty) It will lead to hatred towards the US like never before seen in history.
I cannot even contemplate what kind of effects these actions will soon have on the world and the Unite States. What I do know, All will be decided on or before June 1, 2009.
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