Former US Treasury Official: President To Seize Total Power

Today a former US Treasury Official warned King World News that the President of the United States will declare a “National Catastrophe,” and seize total power, much like a Caesar would, if it is deemed necessary to avoid a disastrous US default and subsequent collapse.  He also spoke about other drastic emergency measures which would also be implemented in order to avoid a US default.  Below is what Dr. Paul Craig Roberts had to say.

Eric King:  “Dr. Roberts, is there any chance of the US defaulting here?”

 Dr. Roberts:  “No.  If the United States were to default, it would be the end of the US as a superpower.  No one in Washington wants to lose that kind of power, so I fully expect that at the last minute a deal will be reached.  Now, in the event that both sides play a game of ‘chicken’ to the very end, and we are down to the last hours, and fears of a default escalate dramatically, I think one of two things will happen….

Continue reading the Dr. Paul Craig Roberts interview at KING WORLD NEWS

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