From - Sat Jul 31 13:47:21 1999 Received: from smtp5.jps.net (smtp5.jps.net [209.63.224.55]) by mail2.relaypoint.net (8.6.11/8.6.12) with ESMTP id IAA20993 for ; Sat, 31 Jul 1999 08:56:22 -0700 Received: from default (209-239-213-56.lax.jps.net [209.239.213.56]) by smtp5.jps.net (8.9.0/8.8.5) with SMTP id IAA09185; Sat, 31 Jul 1999 08:54:50 -0700 (PDT) Message-ID: <008c01bedb6d$c61a8ea0$38d5efd1@default> From: "John Hecht" To: Subject: Fw: [Fwd: Fwd: Fw: Y2K - A plausible scenario] Date: Sat, 31 Jul 1999 08:59:46 -0700 MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 4.72.3110.1 X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3110.3 X-UIDL: 967068a8c5ffcb0682d12bd1236edb90 Status: U X-Mozilla-Status: 2001 >This is only a possible scenario but it comes from a very reliable and knowledgable source with links to inside info if you catch my drift. It is something to think about considering past actions of commander bill. Dennis=20 > >Subject: Y2K - A plausible scenario > > > While there are a myriad of possible permutations of events that could = be attributed to the impending Y2K event, this paper will focus on the most likely series of events and probable scenario scripts based on currently available information. > > Phase 1 =16 The Preparation begins > > In this scenario, events begin to unfold in the mid November 1999 timeframe. The general populace, nervous from a steady stream = bombardment of sensationalized press accounts of dire Y2K doom and gloom, and = anticipating potential financial problems, begin to withdraw their cash reserves from savings accounts and close retirement accounts. These actions in the = face of a media blitz from financial institutions and the Federal Reserve = assuring depositors of the safety of their funds. The pollsters, examining this phenomena, determine these actions are fueled by memories of the great =13Crash of 29=14 and the stories of the depression. These fires are = further fueled by pundits, that reveal there is only enough = =13cash-in-circulation=14 to cover 4-6% of financial institutions savings deposits in the United = States. This figure does not include monies in-play or investments in the = various stock exchanges. In anticipation of these reports the Federal Reserve = has already bolstered the cash-in-circulation by and additional $50 billion. However, in early November, financial analysts discover that with the potential for stock market sell-offs and advanced profit taking, the = spectre of insufficient liquidity is raised in the media. Middle income casual investors begin divestiture of their holdings and retain profits as a = hedge against Y2K events. As this occurs, lower and middle income families = without portfolio holdings look to their savings accounts for safety. The = financial institutions and Federal Reserve move with PSA=12s (Public service announcements) and advertisements to assuage the public perception. This = is countered by Internet Pundits and self-proclaimed Y2K =13experts=14 that = point out that in the event of catastrophic power failure, the =13safe=14 = funds in the banks would be unavailable. The level of public unrest continues to = build. > > Phase 2 =16 The First Signs > > Thanksgiving 1999 is celebrated with a higher-than-average number of = full family gatherings. Religious leaders proclaim that they are experiencing = a =13miraculous=14 surge in church attendance. Pop-psychologists describe = the events as a normal reaction to the uncertainty of the Y2K horizon. Historically, the Friday following Thanksgiving is a bellwether of the impending Christmas shopping season. Stores report brisk sales of = camping supplies and generators. High-end luxury merchandise is left gathering = dust as the stampede is to more =13conventional=14 items. This day also = serves as an indicator. Many financial institutions, discover that their ATM = withdrawals exceed expectations. By Monday, November 29th, most ATM=12s stand empty = and bank employees are shocked to find queues of customers awaiting the = opening of the bank. As account closures and large scale withdrawals deplete = on-hand cash reserves, ATM=12s go unserviced. This exacerbates the situation by focusing more =13walk-in=14 customers to the financial institution = branches. The financial institution branches, are forced to call for supplemental cash reserves. Armored car companies cannot keep up with the demands of the financial institutions. Depositors are turned away as branches await the delivery of cash reserves to service depositors. Befuddled citizenry, unaware or the complexity the of American banking system, perceive only = that there is no money at the banks. Using the tools of today=12s = interconnected society (Internet, cell phone, telephone, Fax), the word quickly spreads = and there is a full fledged run on American financial institutions. The Administration, aware of the potential powder keg, declares a =13Bank = holiday=14 for 5 days and efforts are immediately focused on the =13cooling off=14 = of the situation. The closure of the financial institutions has exactly the opposite affect. Those who did not have the opportunity to withdraw = their funds look at alternative liquidations to support themselves. Sell-offs = and profit taking are the order of the day in the major stock exchanges. = While several canny investors look at the sell-off as an opportunity to = increase their portfolio holdings, there are not nearly enough of them to offset = the number of sellers. As the market value plummets, the automatic safeties = kick in and trading is suspended to allow for market to =13cool=14. Brokerage = houses and fund managers issue checks to clients who are demanding payment for their trades. At the banks, these checks are only honored as deposits = and no funds are disbursed. By mid- December, the value of the stock market has plummeted to the 5000 point level. This action has triggered a cascade effect throughout the financial community. Many young Gen X=12ers , who = have hedged heavily against their stock holdings are looking at a dismal = holiday season. > > Phase 3 =16 Tensions Rise > > The close of the twentieth century is a time of nervous apprehension. Families that have taken precautions and have stockpiled food and water = are close mouthed about their preparations. The American public, reminiscent = of the days of gas shortages, develop small networks of friends and = families that scour stores and sales for anything that could be construed as = being =13Survival=14 oriented. All during the fall of 1999, the media has been sensationalizing the Y2K phenomena. This builds to a crescendo in the = week after Christmas and before New Years eve. Hollywood, sensing massive = profit potential releases rushed movies to theaters across the nation. As a = result of the anxieties of impending doom, cults suddenly arise from nowhere = that espouse everything from the Gaia movement to UFO worshippers. Storefront psychology centers crop up everywhere as scammers sieze on the moment to partake of a profit. Home invasions rise dramatically as nere=12do wells figure that there could be gold and currency stockpiled. = Correspondingly, these same individuals rapidly discover that guns and ammunition has = been stockpiled as well. The reports of self defense rise to a level where = those espousing disarmament of the public are ignored. The Constitutional = Militia movement, long dormant, is quickly seen as a means and method of neighborhood safety. Initially condemned by the Federal authorities, = local governments quickly seek to enlist these forces to supplement a thinly stretched and overtaxed public safety resource. The Federal government acquiesces and accepts the local government actions. All eyes turn to = the clock as the countdown begins=05=05 > > Phase 3 =16 Let the Games Begin > > January 1, 2000 arrives without measurable impact. Mainstream media = has reported incidents throughout the world as the millennium started at the international dateline and arched across the globe. In New York City, = Times Square, revelers watch in awe as the Bacaratt Crystal globe descends = marking the year 2000. Much to everyone=12s relief, the lights remain on and all appears well. This further excites the gathered throng as they now = celebrate what they percieve as a victory over the so-called millennium bug. There = are reports of scattered power outages and a variety of other problems along = the eastern seaboard, but, they are ignored as the partying continues. = Prudent businesses, immediately commence testing of their computer systems and networks. As daylight breaks on New Years day, workers across America = fan out to determine if there are any lasting effects of the Y2k bug. The weekend passes, on Monday, in many locales, commuters are startled to = find temporary stop signs in intersections throughout their towns and cities. Traffic is snarled as commuters discover that the city stoplight control system is a victim of Y2k. City officials assure citizens that = everything should be back to normal in a few days. In reality, panic has set in in = the city=12s traffic department. Calls to the system manufacturer have = determined that it could take months to get the replacement systems. The = manufacturer had not done an adequate level of Y2k testing and is haveing to replace = all the controllers in multiple cities. Faced with impending financial doom, = the manufacturer declares Chapter 7 and shuts down. This vignette is played = out by manufacturing companies repeatedly across the United States through = the month of January. Unemployment skyrockets as the ripple effect spreads throughout the economy. By the end of January 2000, the international = impact begins to make it=12s presence known. Major shipping centers throughout = the world, recently modernized, grind to a halt. The critical infrastructure = of several nations is severely crippled. Products, normally and routinely exported to US markets sit idle. Foodstuffs and perishables spoil and = cannot be shipped. In the US, grocery outlets begin to feel the crunch. = Inventories dwindle as the supply pipeline slows to a dribble. Major food = distribution centers begin lay-offs as there little for workers to do. Localized = power outages, initially thought to not have consequence disrupt shipments as = 18 wheel trucks have to alter their routes to maintain fuel supplies. Fresh fruit and vegetables are literally non-existent. By the end of February = the situation has deteriorated to near critical. > > Phase 4 =16 The Fuse is lit. > > Social unrest becomes more and more prevalent through March and April. = The public, suspicious that they may have been deceived by the government, = focus on their local communities. The Federal government continues a campaign = of platitudes and assurances that all is we1l and everthing is under = control. But, to a large degree they are ignored. The minority community, egged = on by ambitious leaders, begin to protest that they are not receiving their = fair =13share=14 of goods and services. Local political leaders, anxious to = please, enact draconian anti-hoarding measures. Committees move through neighborhoods, investigating reports of food hoarding and as a result, = there are several shootings. The local draconian measures are expanded to = include firearms. The Federal government, sensing a means to restore = credibility, swoops in and, using Federal resources, aids the local governments in = their disarmament actions. Initially overjoyed, the minority community is = shocked to find that they are not exempt and begin extensive protests as the = Federal authorities initiate house-to-house weapon and food searches throughout their municipality. By the first warm days of May the stage is set for a major confrontation. > > Phase 5 =16 BOOM! > > As the weather grows warmer tempers begin to heat up. All of the = anxiety and hostility that has built up since the Christmas season explodes in violent clashes. In short order, anarchy reigns as multiple major metropolitan areas in the US face rioting and looting. The Federal government moves to quell the disorder only to be shocked to hear from = the military commanders that troops aren=12t responding to the call-up. = Unwilling to leave their families unprotected, troops stay home. Millions die as a result of the coast-to-coast upheaval. The impact on the critical infrastructure of the United States is severe. After 8-10 days, people = begin to heed the call for sanity. Church leaders and local politicians begin = to restore calm. By 15 days after the onset, cleanup and restoration has = begun. The Federal government, eager to re-assert itself, attempts to take = control of the restoration efforts. They are rebuffed by local communities and = are soon relegated to irrelevance. > > Phase 6 =16 A New Beginning > > As restoration efforts gain momentum, talks begin toward the = restoration of the Republic. Blame for all the events is firmly affixed to the = Federal Government. A new government is proposed. The current Government balks = at the idea, but is soon convinced as they become aware that there is = little to no support for their continuation=05 > > What is next??? > > Who really knows???=05. > > Respectfully submitted: > Trident/Delta >