‘Catastrophic’: Hedge fund billionaire Paul Singer warns of EMP
2014 07 31
By Aaron Dykes | Truthstream Media
Imminent: ‘Only a matter of time’ until entire electric grid destroyed by natural or man-made event…
Billionaire hedge fund manager Paul Singer is warning investors – and more broadly, lawmakers and leaders – about the potential destructive power of an electromagnetic pulse, or EMP, which could be triggered by solar events or artificially, via blasts in the atmosphere.
According to Singer, research shows that no other incident, including a nuclear bomb, has the potential for such wide-scale devastation, coupled with the relative likelihood of occurring. While a nuke would primarily impact on the location of a such (such a city), an EMP could occur globally or across large-scale regions, wreaking havoc on the entire electric grid and devices.
“(A natural EMP event) today would cause a massive disruption to the electric grid, possibly shutting it down entirely for months or longer, with unimaginable consequences,” Singer wrote. “Only two years ago, the sun let loose with a Carrington-magnitude burst, but the position of the earth at the time prevented the burst from hitting it. The chances of additional events of such magnitude may be far greater than most people think.”
“It would not cause any blast or radiation damage, but such an attack would have consequences even more catastrophic than a severe solar storm. It could not only bring down the grid, but also lay down a very intense, very fast pulse across the continent, damaging or destroying electronic switches, devices, computers and transformers across America,” the letter said.
Members of Congress and other officials based in Washington have previously conferred on the threats rendered by an EMP, with Rep. Yvette Clarke (D-NY) – a senior figure in the House Homeland Security Committee – warning that “The Likelihood of a severe geo-magnetic event capable of crippling our electric grid is 100%.“
We reported in August 2013 on then Homeland Security chief Janet Napolitano’s claim that a collapse of the grid was an imminent ‘if not when’ scenario… unsettling, whatever one’s read on the looming government agendas at work.
What You Can Do: Preparing for the Worst
Read the full article at: truthstreammedia.com
Tune into Red Ice Radio:
Matthew Stein - When Technology Fails, 400 Chernobyls, Super Solar Storms & EMPs
Sterling Allan - Hour 1 - Defeating Conspirators: Free Energy Technologies
Will Hart - Solar Flare Apocalypse, Accelerated Natural Disasters & Evolution
Mike Mitcham - Hour 1 - Dangers of the Smart Grid & the Artificial Biosphere
Josh del Sol - Hour 1 - Take Back Your Power: Smart Grid Agenda
Peter Taylor - The Corporatization of the Environmental Movement
Jay Weidner, Barbara Hand Clow & Lawrence E. Joseph - 2012 Roundtable Special
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