(N.Morgan) As we’ve seen in other countries, when the govt gets desperate, they will take the citizen’s money and assets, to bail them and their cronies out. To implement martial law, would be to solidify this process of enslaving the American people. As the economy worsens, the govt will really begin the process of taking the assets of the people.
The US is actually in just as acute and critical a fiscal and economic predicament – The “Federal Reserve” is out of functional options (save for outright confiscation) as Bloomberg reported in July 2010: delve deeper, and you will find that the IMF has effectively pronounced the U.S. bankrupt. Section 6 of the July 2010Selected Issues Paper says: “The U.S. fiscal gap associated with today’s federal fiscal policy is huge for plausible discount rates.” It adds that “closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 percent of U.S. GDP.”
What all this boils down to is a shocking amount of unresolvable debt, at every level of government, across the United States – while there are no audited figures to define the total risk pool of states and municipalities, those who follow state and municipal bonds have assessed the total bond market at well over $ 40Trillion dollars (this includes pensions and other retirement benefits for workers which are “not fully funded”), and analysts have stated that as much as one third of these bonds are presently at “high risk” of default, and another 30 to 50% at “moderate risk” in the longer term of 3-11 years.