GLENN: Now, I've never heard this before and I know we do training for, you

know, a terrorist act or anything else, but I want you to listen to this audio

from CNBC on what the government is doing and what the government is preparing

for. Listen.

VOICE: more and more like an economic Cold War and it's not just a talking point

at the Pentagon. They are planning for real economic threats to America. Eamon

Javers has the latest on the war games that are playing out in some high

councils around your parts. Eamon?

EAMON JAVERS: Hey, Tyler, well, you're right. Ever since the crash of 2008 the

defense intelligence establishment has really been paying a lot of attention to

global markets and how they can serve as a threat to U.S. national security

interests. At one upcoming seminar next month they’re taking a look at a lot of

the issues that might be really familiar to CNBC viewers. Take a look at some of

the Pentagon's key concerns here. They are looking at the use of sovereign

wealth funds to manipulate markets and currencies. They are looking at nation

state economic collapse, sovereign default, a nation state instability, and they

are also worried about U.S. allies' budgets, deficits, and national security

infrastructures. And in the Army they are having a very interesting year long

exercise called Unified Quest 2011. And in that war gaming series, they are

looking at the implications of large scale economic breakdown inside the United

States that would force the Army to keep, quote, domestic order among civil

unrest and force the Army to deal with fragmented global power and drastically

lower budgets, this according to the trade publication insidedefense.com. And in

October military officials from the Marine Corps War Colleges visited the

trading floor of J.P. Morgan to study markets and the economies. So Tyler, you

can see that all parts of the Pentagon and defense intelligence establishment

are looking at markets and looking at ways they can present a new kind of threat

to the United States. These are the guys whose job it is to think about the very

worst possible things that could happen and they have dreamed up some very scary

scenarios here.

PAT: Like illegal scenarios, like the United States Army keeping control of its

citizenry. That's against the Posse Comitatus Act.

GLENN: No, no, that's what everybody was saying about the

PAT: Border.

GLENN: can't do that on the border.

PAT: I know. When it's pointed the other direction to keep people out, this

would be directed against us apparently in our cities to keep order? No. No.

GLENN: Now so you know, this isn't some crazy, you know this isn't Jesse Ventura

saying this. This is CNBC, which, (whispering). I mean, look at what I think I

talked about, a couple of years ago, my concern was the Bubba effect. Do you

remember? Talked about the Bubba effect. That the government was worried this is

maybe three years ago now. That the government was worried that if something

happened, and they were talking at the time about Islamic extremism, and

somebody, you know, somebody blew up, you know, or slammed planes into the Sears

tower, whatever, and somebody would take it out on somebody else they just

deemed were you know, was a Muslim or a terrorist or whatever and they were

just, you know, some stupid guy doing some stupid action and then the FBI would

have to go and arrest that guy. They were concerned at the time that the

government had squandered its credibility so much that if the FBI came in to

arrest that person that there would be enough people in this country that would

say, you know what, I don't agree with that person what that person did but how

dare you arrest him. Because your guys are the ones who let this thing happen.

You are the guys who turned your a blind eye every step of the way. We knew you

denied it the whole time. And people called the Bubba effect, people standing up

for Bubba who they don't necessarily agree with but they stand up because they

say the government is a bigger enemy. Now you add on top of this I mean, think

about it. If that scenario happened today and, you know, what's his name from

the justice department marches his boys in, the only good thing we have going

for us honestly is I trust the FBI. I don't trust them in Washington, but I

trust the local FBI offices. I think the local FBI could be wrong. I could be

wrong, but I think the local law enforcement and the local FBI offices and our

soldiers, I think they know. I think they know what's going on in this country.

I think our police officers and FBI and ATF, I hope, I hope, maybe I'm maybe I'm

being to Pollyanna, but I hope that they know exactly what's going on and

they've already thought, "If this happens, which side am I on." Because you

Posse Comitatus: You cannot occupy American land. You can't do it.

PAT: No, there's extreme exceptions, you know, like, I mean, massive civil

unrest. And even then, even then you would call in the National Guard, though.

That's

GLENN: National Guard

PAT: It's the National Guard's job to do that. Not, not the U.S. Army. Not the

U.S. Marines. You don't call in the military against the citizens of the U.S.

GLENN: And the reason why we have the National Guard, the reason why this law is

there is because our founders knew if you ever got an oppressive state, if you

ever had people who didn't respect the Constitution at the top, the fastest

thing they could do to take over is create a situation and then have the Army

march into these states. That's why it can only be done by the National Guard.

Because it requires the governors to call up the National Guard. It breaks it up

into 50 different generals, or heads of, you know, commanders in chief, if you

will. 50 other people have to make the decision. It's not the president making

the decision.