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Friday, October 11, 2013

Ex-Treasury Official: Obama Could Use Debt Crisis To Seize Total Power

Former Assistant Secretary of the Treasury Paul Craig Roberts warns that President Barack Obama could use the debt ceiling crisis to seize total power, by declaring a national emergency and passing an executive order in the name of preventing an economic collapse.

With the government still in shut down over the failure to pass a spending bill, the U.S. faces an October 17 deadline to raise the nation’s debt ceiling, which currently stands at almost $17 trillion dollars.

According to Roberts, there is a chance that Obama could exploit the disastrous consequences of a default to push for dictatorial control.

Roberts says that one of two scenarios will happen if Congress fails to make a temporary deal with the White House to raise the debt ceiling.

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6 comments:

Anonymous said...

Just not a third term please.Anything but that,but who knows? If Obama is immaculated he could be our supreme ruler for life.King Barack and Queen Michelle.Scary thought isn't it?

ginn said...

He would be, in essence, be starting a new civil war. For, at the very second Obama moved to seize control local militias would be mustering. And, the military would immediately be divided to pro-freedom and pro-government. I don't think that even he is so inclined.
Don't forget the two F-16s lost off of Chincoteague earlier this year were rumored to be on a sortie to remove this tyrant.., that attitude DOES still exist within our military.

Obama Crooked Motors said...

Thats exactly what Barry wants, and he had made steps toward this. It is his Objective and We the People NEED TO STOP IT.

Obama Crooked Motors said...

2:18 Barry already tried to change the law to make it so there.would 3rd term for him. Luckily, it was.Blocked, but it doesn't mean he wouldn't try again. Some people say, heck the guy is stupid, he si doing this or that, but you have to understand He Is Not Stupid. He Has His Own Agenda. When you do research and read some books It Will Be ClearTo See the.so.called OBJECTIVE. We are talking Mastermimd of Deception at highest level to establish One Party.Rule and Complete Control and Power. TIME TO GET OFF THE SIDELINES.AND STOP IT.

Anonymous said...

BRING IT ON OBAMA..I GOT SOMETHING FOR YOUR A$$

Anonymous said...

I am stocking up on ammo as we speak. Bring it on. I will accept a field commission as a ranking officer in the local militia.