Congress Declares Martial Law as Dollar Rapidly Collapses
By Mac Slavo
The debt ceiling issue is returning to the forefront in American politics, again threatening a government shutdown.
Last time, the shutdown resulted in sequester for many agencies that suspended work for many government employees; a great deal of political theater dominated the news cycle; but ultimately, things returned to a basic normalcy.
This time may be different, as a number of critical factors face Americans in 2015. Last week, Congress passed “procedural martial law” to address stop-gap spending as it faces the debt ceiling crisis again.
The Hill reported:
For the second time in a month, the House on Tuesday invoked “martial law” to allow more expeditious consideration of a stopgap spending bill to avoid a government shutdown on Oct. 1.
The use of martial law refers to bypassing the typical procedure that requires the House to wait a day after the Rules Committee produces a rule establishing floor debate parameters before voting.
[…]House GOP leaders invoked martial law earlier this month to fast-track a spending bill. But they ultimately never had to use it after the Senate opted to go first with the spending bill.
Crisis is averted – for now.
But the dollar is now an unwanted export commodity. As the U.S. rattles sabers with Russia in its proxy wars, the basis for American power overseas is rapidly collapsing.
China is ready to move forward with a “global reset” that would include the yuan in a global basket of currencies, and knock the dollar out of its reserve currency status.
Increasing troubles of U.S. and government financial institutions gives a sharp warning that things are coming to a head.
SGT Report issues a critical and under reported warning: “We are living in the last days of this Republic.”
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