Interview with Gerald Celente, a trend forecaster with a rather high success record since 1980.
Posts Tagged ‘economics’
Global Economic Collapse
Thursday, February 12th, 2009Dispute on Global Carbon Tax Heating Up
Saturday, December 13th, 2008A short article in the International Herald Tribune covers the anger building in developing nations over the UN proposals being bandied about to replace the current Kyoto treaty in 2012. Most of it is old news, but there was one sentence that really grabbed my eye and certain shows the real motivation behind the Church of Global Warming.
Developing countries proposed a 2 percent tax on all transactions of the carbon market, which could become one of the world’s richest commodity markets if the United States creates a national cap-and-trade system as promised by President-elect Barack Obama.
The $700 Billion Dollar Lie
Wednesday, November 26th, 2008Wake up, America: you’ve been swindled for far more than what you’ve been told. The $700 billion dollar banking bailout that was rushed through the Federal government, was just a twelfth of what has been promised and being spent.
As many people, myself included, predicted that the government bailout has not ended, but only begun. The San Francisco Chronicle has reported the breakdown of government spending and commitment in the overall bailout scheme, and the total value is $8.5 trillion dollars and counting. This is nearly 60 percent of the nation’s gross domestic product!
The USA is officially on the path to becoming a third world socialist quagmire and you can blame both the Democratic and Republican parties for this. By bailing out rich bankers with your money, and money that the Federal Reserve prints without real backing, they have planted the seeds that cannot be sowed and our economy is going to flush like a giant toilet. If you want a clear example of taxation without representation, this is it.
If you don’t own a firearm, buy one. Then buy ammunition and plenty of it. If the riots in Iceland are any example, you can expect things to get very ugly here, before the economy even appears to be stabilizing – assuming that it ever does.
Fascism Sucks
Friday, October 17th, 2008As the world market thrashes around like a freshly caught fish, I cannot help but notice just how plainly stupid some of the commentary is on the situation.
First of all, you can point the finger of deregulation at any of the Presidents since Reagan, it’s congress which makes the laws! Secondly, deregulation is not the problem, human greed is. Last, if you didn’t predict some time ago that this was going to happen, then you’ve been asleep.
I won’t pretend to understand all of the nuances of the trading of debt which allowed this chaos to prevail, as examining the nuances merely tells me that you must be totally bat-shit insane to actually understand or follow it. What I do know is that we’ve lost so much more than economic stability in the “solution” and likely “solutions” to come.
The basic point is this: We lost the last of our freedom with the fix.
Our forefathers went to war for less than what we’ve seen in the last few weeks. Our money, or more accurately, your great-grandchildren’s money is being spent at an unprecedented rate in order to bail out a pig’s sty of greedy bankers. It’s not helping the economy, per se, it’s soothing the wounds of the rich bankers who started this mess to begin with, so that they might start trusting each other again and allow the wheels of monetary stupidity to roll as before.
This is not the correct path of action to take. As Ron Paul has pointed out on more than one occasion, it would be far better to let them go bankrupt, deal with the short term of it, than to drag this crap out for a couple more years by injecting their greed with capital. That injection, like a placebo, will fail to cure what Stephen Colbert so accurately referred to as “Business Syphilis”. (If you haven’t seen this video, it is at once both insightful and hilarious – a well needed bit of humor in this mess.)
$700 billion dollars went out the door with this bailout bill. How many homeless could be sheltered? How many schools could be properly funded? How many roads could be repaved, bridges rebuilt, water systems expanded, garbage collected, ad nausium – before you spend tax payer money on bailing out a bunch of mentally unstable, obviously retarded fat cat bankers? If that doesn’t tell you who controls our “elected representatives”, nothing will. When we do not control in any fashion the public monies, but instead watch them go to bail out or even purchase business interests which used to be private – you have fascism.
Our Constitutional Republic has been replaced with a fully scoped fascism. Now we have to determine if we’ll live under those conditions or fight to get back what we’ve lost.
American Money
Monday, October 6th, 2008This is one of the most concise videos I’ve seen, explaining the US monetary system and why we are in the trouble we are in.


