According to the bulletin, intelligence assets were notified by their Pentagon counterparts this past week that U.S. President Barack Obama is preparing to invoke the powers given to him under 50 USC Chapter 13 to hold that various American States are now in a “state of insurrection.” This will allow him to invoke the National Emergencies Act under 50 USC § 1621 and in turn invoke the highly controversial “continuity of government” plan for the United States allowing him, to rule with supreme powers.

What is the “continuity of government” plan? In essence, it was an emergency plan created by top government and corporate officials, Former U.S. Defense Secretaries Donald Rumsfeld and Dick Cheney being two of them (Chaney also served as vice-president under U.S. President George W. Bush) in which a “shadow government” takes control should any natural or man-made catastrophe afflict the U.S. The plan was created shortly after the attempted assassination of President Ronald Reagan.

One of the most alarming aspects of the plan, is that Congress is not re-activated or acknowledged even if it is still in existence. Creators of the plan used the excuse that “it might take too long to find the members of congress” after a catastrophe, so all power is simply given to the President, who becomes supreme leader.

The reason President Obama is considering declaring a National State of Emergency, according to the bulletin, was outlined yesterday by Obama’s US Treasury Department, which released a report warning of potentially “catastrophic” damage should Congress fail to raise the debt ceiling and prevent the government from defaulting on its debt.

Many people believe that China is flexing its military muscles right now, in preparation for a U.S. invasion should the Obama regime default on payment. If the U.S. defaults, it would be the first time in the nation’s history.