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posted by martyb on Friday January 11 2019, @10:36PM   Printer-friendly
from the what-would-YOU-do? dept.

Got a contingency plan for men with guns showing up at your cubicle and ordering you to re-route traffic to please the government?

Section 606 of the 1934 Communications Act provides for government takeover of wired and radio communication in the event of war or "other national emergency".

I'm not saying anything will happen in the next few days. Trump's state of emergency might be just talk. It might be limited to its stated purpose. It's rare for actual disasters to happen.

You've got a disaster recovery plan (DRP), though. If it's not in the next few days, a "national emergency" problem might show up sometime down the road. Does your DRP cover it?

It's hard to imagine a technical solution. This may require the company lawyer to prepare a [Layer 8] contingency plan in advance.


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  • (Score: 2, Interesting) by Anonymous Coward on Friday January 11 2019, @11:57PM

    by Anonymous Coward on Friday January 11 2019, @11:57PM (#785302)

    The Treasury Department was surprisingly candid in that correspondence, asserting the U.S. Government's authority, in declared emergencies, to confiscate precious metals and to restrict ownership of mining shares -- and to confiscate and restrict every other financial asset as well.

    http://www.gata.org/taxonomy/term/22 [gata.org]

    And guess what? The US is already in multiple states of emergency that would allow this to happen at any moment.

    Under TWEA during times of war -- and also under the International Emergency Economic Powers Act, 50 U.S.C. Secs. 1701-05 ("IEEPA") during peacetime national emergencies -- the president has broad powers to regulate property in which there exists a foreign interest. See TWEA ยง 5(b)(1)(B); IEEPA Secs. 1702 (a) (1) (B).

    Consequently, the president may restrict shares in any company owned by foreign persons consistent with the purposes of any declared emergency.

    In this respect, foreign-owned shares in gold and silver mining companies are no different from foreign-owned shares in companies in any other industry.

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