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Old 02-14-2009, 10:16 PM
 
1,532 posts, read 1,376,524 times
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Gerald Celente does an interview and explains what he sees coming in the next few months. Riots, Tax Revolt. check link

ECONOMICROT
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Old 02-14-2009, 10:35 PM
 
Location: Prepperland
13,116 posts, read 9,202,467 times
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I agree.
Economic downward spiraling to collapse is imminent.

Causes:
Usury - the fee, in money, for the use of money. Mathematically impossible to pay in a finite money token system.

Socialism - burdening the producers for the benefit of consumers.

Government insanity - 14th amendment, gold/silver money, support for usury, and theft-by-taxation.

Results:
Destruction of productive enterprises.
Bloated government.
Parasites abound.
Predators openly robbing and killing.
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Old 02-14-2009, 10:45 PM
 
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Well, it certainly seems to be the future that the neo-cons are hoping for.

Gerald Celente, Futurist Fraud : Edward Champion’s Reluctant Habits
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Old 02-14-2009, 11:07 PM
 
Location: North Cackelacky....in the hills.
19,556 posts, read 18,737,819 times
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Who will you blame if it comes to pass?

Obama and the leftists or those who said it was coming?

Somehow I doubt you will EVER blame the leftists...
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Old 02-14-2009, 11:16 PM
 
4,608 posts, read 7,112,431 times
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Quote:
Originally Posted by oz in SC View Post
Who will you blame if it comes to pass?

Obama and the leftists or those who said it was coming?

Somehow I doubt you will EVER blame the leftists..
.
I'll blame every Congressman of the last forty years who hasn't stood up for free market capitalism. Any Congressman who hasn't stood in the face of socialist trends is, in my estimation, a complete failure regardless of party affiliation. Just a failure.
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Old 02-14-2009, 11:18 PM
 
7,352 posts, read 8,991,144 times
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I blame all of us. That's who I blame. I blame our leaders for failing in their duties to the American people in their willful lack of oversight; for their historical collusion with companies which have systematically destroyed the very land on which we live, and resulted in land being virtually stolen from the American farmer; for their refusal to invest in education for the American people and in America's infrastructure, and in America's future. I blame American business for allowing itself to become corrupted, and spreading that corruption around the world. And I blame the American people, across the political spectrum, for acting like children--blindly devoted to ideology, allowing themselves to be led like sheep, or--in the case of neo-cons--to be ramped-up with hatred and fail to see how they are being egregiously used by power-mongers, like Limbaugh and Palin.

That's who I blame.
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Old 02-14-2009, 11:20 PM
 
Location: toronto, Canada
772 posts, read 1,065,607 times
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I will blame the president and all political leaders left or right who don't tell Americans to patiently accept a long period of hardship and hangover, tighten their belts, and start living within their means.
The best way to stimulate the ailing economy is to cut taxes. Let people decide how to spend their money. Washington’s plans for new bridges and day care centers may win votes, but won’t revive the economy. Japan tried this and it failed. The US needs productive industrial investments.

President Roosevelt launched mass social welfare schemes in the 1930’s similar to ones that Obama now proposes. Roosevelt’s New Deal may have staved off popular revolution, but it did not revive the economy. It took goading Japan into war to end the Depression. Let’s hope President Obama does not intend to follow this example in Afghanistan.

In case anyone is interested Gerald was interviewed recently by Lew Rockwell.
http://www.shtfplan.com/forecasting/...-2009_01302009

Last edited by mcmastersteve; 02-14-2009 at 11:33 PM..
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Old 02-14-2009, 11:43 PM
 
7,352 posts, read 8,991,144 times
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P.S. And I especially blame the American people, because we have allowed ourselves to be used for the political purposes of others. The neo-con hate machine--Fox News, wingnut blogs and radio--exploits peoples' fears and makes them think that other Americans are evil and are their enemies. The left-wing hope/blame machine--MSNBC, NPR--exploits peoples' vanities and makes them think that other Americans are stupid fools. And both sides have succeeded beyond their wildest dreams: Americans now align themselves against each other, instead of against the real culprit of the destruction of our nation: greed, and the people who profit from it. We have lost our way like never before (except perhaps during the Civil War). Limbaugh and his ilk are laughing all the way to the bank, thanks to the guillibility of a large segment of the American people. And the more Palin ramped up the fear at her rallies, the more gleefully smug she became. The liberal media, meanwhile, managed to anesthetize its followers to the real-life implications of estrangement from fellow Americans. And so here we are: America divided, screaming at each other. And those responsible couldn't care less. It's time for Americans to stop the madness in which they've been mired, and reclaim our power. Fu*k Fox News and fu*k MSNBC. It's time for us to see that the emperor really does have no clothes. And starting talking to each other again, instead of at each other, dutifully repeating the ideological "talking points" we've been assigned. It's time for us to renounce the words and beliefs of others, educate ourselves, and reclaim our voices as individuals.
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Old 02-15-2009, 12:13 AM
 
Location: New York, New York
4,861 posts, read 5,915,098 times
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Quote:
Originally Posted by mcmastersteve View Post
I will blame the president and all political leaders left or right who don't tell Americans to patiently accept a long period of hardship and hangover, tighten their belts, and start living within their means.
Lack of confidence is a major contributor to recession. The people have to believe that thing will get better or they won't. That is one of the reasons that letting the markets do their thing doesn't work. The recession of 1873 lasted 23 years.
Quote:
Originally Posted by mcmastersteve View Post
The best way to stimulate the ailing economy is to cut taxes. Let people decide how to spend their money. Washington’s plans for new bridges and day care centers may win votes, but won’t revive the economy. Japan tried this and it failed. The US needs productive industrial investments.
Tax cuts don't work. Its a myth and economist agree that Japan and the US did not act large or quick enough. We need to act quick and big. Its the only way to avoid what is otherwise unavoidable.Here is a chart on how the the Bush tax-cuts effected the economy.
[/quote]


Quote:
Originally Posted by mcmastersteve View Post
President Roosevelt launched mass social welfare schemes in the 1930’s similar to ones that Obama now proposes. Roosevelt’s New Deal may have staved off popular revolution, but it did not revive the economy. It took goading Japan into war to end the Depression. Let’s hope President Obama does not intend to follow this example in Afghanistan.
In case anyone is interested Gerald was interviewed recently by Lew Rockwell.
Gerald Celente January 28, 2009: The worst living conditions that we've ever witnessed in this country
Roosevelts New Deal created more than 8 million jobs in his first term. If thats failure then tell me who has done more. That stat is even more impressive considering the extreme trainwreck that was left for him. The right wing has made it their mission to destroy Roosevelt so they can privatize social security.
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Old 02-15-2009, 12:56 AM
 
Location: toronto, Canada
772 posts, read 1,065,607 times
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Lamexican, you should have a look at this interview with Robert Kuttner of American Prospect magazine. I have a respect for Robert who often defends liberalism in his magazine by thinking outside of the box, he offers some interesting insights into the crisis.

YouTube - Conservative solutions to a radical crisis, Pt.1

YouTube - What Obama should do about crisis, Pt. 2
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