Confidential Document Warns Of Conflict Or Revolution For U.S.

Submitted by SadInAmerica on Fri, 04/04/2008 - 7:15pm.
Wayne Madison Report has learned from knowledgeable sources within the US financial community that an alarming confidential and limited distribution document is circulating among senior members of Congress.
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It is curculating among their senior staff members as well and is warning of a bleak future for the United States if it does not quickly get its financial house in order. House Speaker Nancy Pelosi is among those who have reportedly read the document.
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The document is being called the "C & R" document because it reportedly states that if the United States defaults on loans and debt underwriting from China, Japan, and Russia, all of which are propping up the United States government financially, and the United States unilaterally cancels the debts, America can expect a war that will have disastrous results for the United States and the world. "Conflict" is the "C word" in the document.
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The other scenario is that the federal government will be forced to drastically raise taxes in order to pay off debts to foreign countries to the point that the American people will react with a popular revolution against the government. "Revolution" is the document's "R word."
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The origin of the document is not known, however, its alarming content matches up with previous warnings from former Comptroller General David Walker who abruptly resigned as head of the Government Accountability Office (GAO) in February of this year after repeatedly publicly warning of a "financial meltdown" disaster if America's $9 trillion debt was not addressed quickly. Financial experts have warned that the national debt, corrected for inflation, could reach $46 trillion in the next 20 years. A month earlier, Walker warned the Senate Banking Committee about the reaction of creditor nations in Asia and Europe if the U.S. did not address its debt problem.

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Wayne Madison - April 3, 2008 - posted at www.rense.com

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Submitted by SadInAmerica on Fri, 04/04/2008 - 7:15pm.

Comments

Anonymous (not verified) | Thu, 10/09/2008 - 9:31pm

we have been spotting troops on the ground with m-16's and also military copters in the small town in Washington I live in. This has never occurred before. Alarming times for those awake and aware!