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Confidential document said to warn of conflict or revolution ahead for America

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  • Leticia Martinez/Nierika
    http://www.waynemadsenreport.com/articles/20080403 April 3, 2008 -- Confidential document said to warn of conflict or revolution ahead for America WMR has
    Message 1 of 1 , Apr 3 9:14 AM
      http://www.waynemadsenreport.com/articles/20080403

      April 3, 2008 -- Confidential document said to warn of
      conflict or revolution ahead for America

      WMR 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 and their senior staff
      members that 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.

      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.

      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."

      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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