Bush *may* declare National Emergency tonight....

And will "take" the purse from Congress...under declaration of a National Security Emergency...

This will simply allow Bush to make the Bail Out happen...

He will state that the urgency is simply too great and the economy could not wait...


He will authorize the Seceratary of Treasury to execute the plan enabled by Executive Order 11490 - Signed by Richard M. Nixon

To do this:

Department of the Treasury

SECTION 301 Functions.
The Secretary of the Treasury shall develop policies, plans and procedures for the performance of emergency functions with respect to

(1) stabilization aspects of the monetary, credit, and financial system;
(2) stabilization of the dollar in relation to foreign currencies;
(3) collection of revenue;
(4) regulation of financial institutions;
(5) supervision of the Federal depository system;
(6) direction of transactions in government securities;
(7) tax and debt policies;
(8) participation in bilateral and multilateral financial arrangements with. foreign governments;
(9) regulation of foreign assets in the United States and of foreign financial dealings (in consultation with the Secretaries of State and Commerce);
(10) development of procedures for the manufacture and/or issuance and redemption of securities, stamps, coins, and currency;
(11) development of systems for the issuance and payment of Treasury checks;
(12) maintenance of the central government accounting and financial reporting system;
(13) administration of customs laws, tax laws, and laws on control of alcohol, alcoholic beverages, tobacco, and firearms;
(14) suppression of counterfeiting and forgery of government securities, stamps, coins, and currency;
(15) protection of the President and the Vice President and other designated persons;
(16) granting of loans (including participation in or guarantees of loans) for the expansion of capacity, the development of technological processes, or the production of essential material; and
(17) to the extent that such functions have not been transferred to the Secretary of Transportation, enforcement of marine inspection and navigation laws.





All Bush has to do is deliver a letter to Congress....such as this one he did following 911:

September 14, 2001
To the Congress of the United States
Pursuant to section 201 of the National Emergencies Act (50 U.S.C. 1621), I
hereby report that I have exercised my authority to declare a national emergency by
reason of the terrorist attacks at the World Trade Center, New York, New York,
and the Pentagon, and the continuing and immediate threat of further attacks on
the United States. A copy of my proclamation is attached.
Further, I have authorized, pursuant to section 12302 of title 10, United States
Code, the Secretary of Defense, and the Secretary of Transportation with respect to
the Coast Guard when it is not operating as a service within the Department of the
Navy, to order to active duty units and individual members not assigned to units of
the Ready Reserve to perform such missions the Secretary of Defense may
determine necessary. The deployment of United States forces to conduct operational
missions in connection with the World Trade Center and Pentagon attacks
necessitates this action. A copy of my Executive Order implementing this action is
attached.
GEORGE W. BUSH
THE WHITE HOUSE,
September 14, 2001

And for whom could it get unpleasant?

Then the bailout will be 100% on him and the peasants can commence the march to the White House wielding pitchforks.

then maybe I will get my wish, and see 10's of thousands of people (myself one of them) roaring up to the White House with pitchforks and clubs in hand.

:grr:

:grr: :grr:

his financial pearl harbour, instead of him bringing it on, will we?

In February 2005 King Gyanendra took complete control of the government, dismissing the elected parliament. Following opposition to his direct rule he was forced to return power to parliament in April 2006, which in turn reduced the king's status to that of a ceremonial monarch. He continued as such until May 28, 2008 when he was peacefully deposed and Nepal became a federal republic.

The "crisis" will be over and he can focus on campaigning?

Hmmm . . . very good.

I think that if Congress was still a Republican majority, Bush might consider it. As it is, I don't think he's got the belly for that kind of a power grab. But I still don't put anything past him and his criminal gang. Maybe he'll just dissolve Congress under his "inherent" powers of office?

the goal is to make the Democratic Congress pass this shit while allowing Republicans to say they opposed it. He'd let Wall st. seize up and crash before he takes Obama and the Democrats off the hook.

If there is banking system crash, real or simulated, you can expect to see martial law though. They may not call it that but the rules of engagement between the govt and citizens will be transformed quickly. I'm not telling you you shouldn't protest the actions of the government, but my guess is they're ready to go all out should the little people rise up. They wanted to recreate Chicago 1968 at Denver, because that would drive the country into their arms as the only guarantor of law and order. Now they're probably thinking wistfully of recreating Tiananmen Square, 1989.

sure they will.

http://www.armytimes.com/news/2008/09/army_homeland_090708w/

Artillery and musketry in 1861 (Historians please correct my dating).



They have beaucoup "non-lethal" firepower, too. It would start with that and escalate from there.


But there will be no uprising.

No debate, because there will be no election.

Just call me Miss Gloom-n-Doom.

This is a major incident if true.
It is alarming.


Please reveal source.

population totally against this bailout. No way he would jam it down everyone's throat.
What crisis? I am still getting pre-approved credit cards in the mail, my bank has not made any adjustments to my business line of credit.
The more I hear and listen to these people the more doubtful I am that there is a "crisis". This is one last major grab at tying the hands of the next president.

If he did that new army unit ( and they would need more than one) being set up to keep us all in line couldn't be deployed fast enough. Battle Rattle....my ass.

He doesn't give a shit about people other than his "base" (super rich CEO types)

He'll do whatever it takes to get them the money before Obama takes over.

.....After a one-time, $25 fee charged on your Macy's card, you'll
earn 10% rewards on *most* of your Macy's card purchases......

$10 of the enrollment fee benefits charitable causes.....

So! Annual fees for department store cards. Wheeeeee
As if. Not ever. I wonder how many cards I will be
cutting up and returning during the next year.

My business has a sizeable line of credit, and I haven't heard a word from my bank.
I call bullshit on most of their story. I do acknowledge a troubled economy, but
not one that has to be bailed out "by Friday". Just my two cents.

I am starting to think this 'crisis' is comparable to the 'terror crisis' .... yeah, terrorists may hurt/kill a an isolated group of persons, but if you play the odds, chances are it really isn't going to DIRECTLY affect you...

this is not to belittle the tragedy and hardships of those affected by terrorism; however I think it is a fair comparison when viewed from a purely odds based perspective.

has a president ever had a "Zero" approval rating...?

All you need is a military.

the u.s. military could barely handle the insurgency in iraq- could you imagine the level of dissent and insurgency they'd be faced with here? not to mention desertion among their own ranks...

he would NOT have the support of the military.

:eyes:

What makes you think 330 million citizens (305 million according to the U.S. census) will rise up to do ANYTHING? Plus, shoot a few "violent rioters" and watch the crowds scatter. Park a few Active Denial Systems around the White House, zap some people from 500 yards away, and NOBODY'S GONNA DO ANYTHING.

people do have a limit as to what they will tolerate, even in this country. our vaunted military could barely handle the rag-tag insurgency in iraq- and it was NOTHING compared to what would erupt here.

as far as "active denial systems" around the white house- so what? if nobody pays any attention or heeds the edicts of the guy inside, he's still just as powerless.

How'd Tienanmen Square turn out? Does China have a thriving democracy now?

plus- the chinese government had the cooperation of the military- in such a scenario here, bush wouldn't.

Didn't help to overthrow Saddam, did it?

Additionally, Blackwater mercenaries are not all American citizens. Payment is the only cooperation necessary.

we're in no danger of a military dictatorship in this country at this time.

Here it comes...

Right on schedule.

I understand two aspirin helps for tinfoil poisoning

in Idi Amin's old apartment. Converting to Islam and fighting extradition.

Absolutely nobody - NOBODY - would back him here.

Times are scary enough without someone postulating a hypothetical nightmare scenario as though it's real.

as well

Or read from My Pet Goat...

With four months in office left. It's time to start brewing up the malatov cocktails.

or a zoo.

Given McCain's stunt today (and, who knows? Both may be linked), not only are the American people disgusted with this bunch, but they can't even get a majority of the Republican congresscritters to get behind them as evidenced by their "rising en masse" against Cheney yesterday.

Granted, we have that Army combat brigade that has been brought home for probably this very reason, but perhaps the higher ups in the military are ready to, at the very least, disobey orders.

What's up with Blackwater these days? Are they spread throughout the US?

IMO McCain wanted to force Obama into suspending his campaign too. But Obama responded rationally.

We all know how well that turned out for the monarchy.....

announcement and gaining momentum the closer we get to 9pm.

Keep talking, I'm reading.

another year so the GOP can get a new candidate to run against Obama. Just to be fair - and it will just be another year, not like it's another term or something like that. Businesses do it all the time when there's a problem at the top and they're looking for replacements, so it's no big deal, not like the elections are being suspended or anything like that.
Oh, and go out and do your patriotic holiday shopping duties while he goes ahead and authorizes this one time executive bail-out, cause Congress is acting like a bunch of whiney kiddies. We need to boost the economy, you know.

Haele

Also explains McClueless suspending campaign

Cheney does not want to go anywhere

We can't leave out the possibility that they will try to cancel the election

They are that bold

Now, if there is some evidence of this, I'd like to see it. Right now I haven't seen any.

This entire era has his fingerprint over it because he bullied Congress into every major decision. This would seal his fate as the worst leader in known history. Nero, move over.

The letter Bush sent to Congress on 14Sept01 has never been rescinded, so, by default, we have been in a constant state of emergency since then. With the fragile state we find ourselves in, it wouldn't take much to activate this. A pandemic of some sort, false flag attack, economic collapse, civil unrest of any kind, ie, national work strike, protests, war with Iran, the list goes on, ad infinitum. As I've posted on other threads, I cannot imagine Bush and Cheney would voluntarily give up their "hard earned" power, especially since all the Constitutional safeguards that would prevent a coup have been removed, either by law, signing statement, or executive order. And, of course, the unpleasant fact that the entire Bush administration would be subject to criminal prosecution, would seem to me to be strong motivation to stay in power.