Gerald Celente, founder of The Trends Research Institute and publisher of the quarterly Trends Journal, is a staple of news and Internet media. Dubbed “The Martial Artist of Trend Forecasting,” Celente is world-renowned for his authoritative forecasts on events in financial markets and socio-political movements. Over the past 30 years, Gerald has been interviewed and extensively quoted around the world; in the US, he has been featured in every major newspaper, and has been a guest on CBS Morning News, Glenn Beck, Good Morning America, NBC Nightly News, and The Oprah Winfrey Show, among other TV shows.
Equally prominent in the blogosphere, Gerald can also be followed on social media networks like Facebook, Twitter and YouTube. I’m of course a fan of Gerald on Facebook – Nouriel Roubini and Peter Schiff, too – but let’s not get off topic. On the Internet, Celente has generated a high level of public interest; his forecasts are commonly discussed at prominent forums, as well as on websites that support conspiracy theories.
Celente publishes Trends Journal four times each year; this respected publication is read by a wide variety of people, and is available through subscription. Well-written and easy to follow, its audience includes politicians, businesspeople, researchers, journalists – even Joe & Jane Twelve Pack. Offering forecasts on worldwide trends, including all things Wall Street to all things Main Street, this expert analysis is informative and empowering to the individual reader; furthermore, it is backed by the research and credibility of The Trends Research Institute, and thus, it comes highly recommended.
Since 1980, Celente has made at least 40 accurate predictions about major world events. In 1986, he forewarned of a major global stock market crash, which occurred the very next year, and is now commonly known as Black Monday. Throughout the 1990’s, many other forecasts came true, including the collapse of the Soviet Union, surges in global terrorism, the popularity of spiritual and new age philosophies, public backlash against globalization, upsurges in online shopping, and the 1997 Asian financial crisis, to name a select few. In the new millennium, predictions-turned-real are the correction of the dot-com bubble, the 2001 recession, emerging bull markets for gold, the rise of alternative energy, the collapse of the heavily-inflated real estate bubble, and unsurprisingly, the ‘Economic 9/11’ that we are currently witnessing.
After thoroughly reviewing the recent summer edition of Trends Journal, I learned that Gerald is now forecasting “the greatest depression” for the rest of the world, while in the US, he believes we may experience “Obamageddon.” As the definition of this witty concoction is easily apparent, its implications are thoroughly conveyed within the opening paragraph:
Here we are in 2012. Food riots, tax protests, farmer rebellions, student revolts, squatter diggins, homeless uprisings, tent cities, ghost malls, general strikes, bossnappings, kidnappings, industrial saboteurs, gang warfare, mob rule, terror.
In late July, I spoke exclusively with Gerald, whose research I have been following for several years. My personal interest in his work materialized when I was serving as a publicist for a boutique securities brokerage. In that role, I often read niche financial publications, and discovered the Trends Journal, which inspired me – a former intern to the CEO of a multibillion-dollar credit union, for whom I collected intelligence on the banking industry – to further research the interconnected world of finance and politics.
Never one to mince words, Gerald kicked off our conversation in his no-nonsense, tell-it-like-it-is approach, which millions have warmed up to over the years. A team player, he answers on behalf of his colleagues at The Trends Research Institute.
“We want to make it very clear that the policies leading to the decline of ‘Empire America’ have been long in the making,” he said. “What has happened in the Obama Administration is that they have taken policies far beyond even what Bush took with the TARP program; for example, with his stimulus package, with the buyouts, with the bailouts, the rescue packages, these are unprecedented in American history.”
"Never before has so much phantom money been printed out of thin air, backed by nothing, producing practically nothing,” Celente continues. “You don’t even have to be a student of history to know the outcome of this. All you have to do is have your eyes open, and start thinking for yourself.”
Like many, Gerald is disturbed by our government’s record-breaking creation of new fiat dollars – Federal Reserve Notes – that are literally produced “out of thin air” on behalf of a quasi-public corporation known as the Federal Reserve. These worthless pieces of paper are not backed by any commodity, such as gold or silver, even though the US Constitution mandates their use as tender in the payment of debts. As this happens, a bailout bubble is being created, and when the “monster explodes” there will be dire consequences for all of humanity.
“When this bubble bursts, unlike the financial/real estate bubble that burst, the dot-com bubble before that, and the ’87 stock market bubble before that” US taxpayers will now be on the hook for trillions in losses as our “government is [a major] equity holder in private corporations. That never existed before.”
What will cause the bailout bubble to burst? “There are a lot of wild cards that can change the game, but what I will say is that you can’t keep printing phantom money – produced out of thin air, based on nothing, producing practically nothing – without destroying the currency.”
Many other economists, including Peter Schiff – who will hopefully unseat the pretentiously-corrupt Senator Christopher Dodd in 2010 – have joined Gerald in forecasting a massive devaluation of the US dollar. Just last week, Schiff posted an entry on his blog under the aptly-titled heading “The US Dollar is the New Peso,” wherein he notes “the dollar is going to fall sharply.” In 1994, the Mexican peso crisis led to the sudden devaluation of that nation’s currency; furthermore, as events unfolded, there was widespread political violence among citizens. Mexico also experienced hyperinflation, which causes sharp increases in consumer prices, and the rapid loss of currency value. Celente believes “we risk” hyperinflation here in America.
Believe it or not, there is actually some good news: you can protect your savings by purchasing physical gold and silver assets, but interested parties should execute such transactions without delay. Recently, China advised its 1.3+ billion citizens, for their financial security, mind you, to purchase these commodities. The IMF has also announced it will be selling one-eighth (403.3 metric tons) of its gold holdings, which many nations are reportedly seeking to acquire; concurrently, there are rumors swirling that Middle Eastern nations, in tandem with China, France, Japan and Russia, plan to abandon the use of our dollar in oil trading. These developments have caused a surge in the demand for gold, as it is an obvious safe haven against the floundering dollar; accordingly, gold has now surged to record-breaking highs, just under $1050 an ounce as of press time. Celente is forecasting the price will double from where it stands today, while Schiff believes it may hit $5000 an ounce over the next few years. In either scenario, these massive value increases will generate a hefty ROI for savvy individuals.
“No one will be able to deny it…once people begin to get into gold, all fiat [will] currencies decline, particularly overseas,” said Gerald.
Another distinct possibility is that a multinational coalition – with the assistance of the IMF and World Bank – will dictate the creation of a new global reserve currency. Indeed, recent events confirm that such moves are currently underway, as China, Russia and the UN have all come forward to support a new international reserve currency in lieu of the dollar. Should these efforts prove successful, Celente says it will cause a “devaluation of the dollar.” That’s putting it mildly, because if the dollar collapses, US living conditions will deteriorate rapidly. Gerald notes that in this scenario “it will only be a matter of time before a rebellion happens again. When people lose everything, and they have nothing left to lose, they lose it.”
The seeds for a second American revolution have already been planted, and now, it appears they are blossoming. Last December, Russian Professor and former KGB agent Igor Panarin – who has infamously predicted that the US will collapse for more than a decade – was the subject of a Wall Street Journal article; in it, he warned of a civil war in the US during 2010, and in the aftermath of that, he believes our nation will ultimately be divided into six respective regions, each controlled by foreigners. Many fear that, in line with Panarin’s theories, the racial tensions presently being exploited by mainstream media will only exacerbate an already fragile situation.
Celente believes there is a possibility for a civil war, “but we predict that it will end with the breakup of the Empire, which can’t sustain itself,” adding that his team originally forecast this back in fall 2002. Ultimately this means that the US “will look like [post-Soviet] Russia.”
So what could this mean for Main Street America? “Well, just drive around Detroit. Look at all the blown out houses and empty neighborhoods. Look at the violence that’s increasing around the nation. Look at the types of heinous crimes [already] being committed by people – some blowing their whole families away, wiping them out – these murders, we’ve never seen this kind of thing before.”
Right now, there is a robust amount of public outrage as everyday Americans are suffering, while “the money, as far as anybody can see, is going to the too big to fail,” he said, before asserting, “Their mothers are not better than mine…let them fail. That’s what America is about, success and failure.”
We briefly discussed the lucrative bonuses that are continuing to flow at Goldman Sachs like water taps – undeniably through some use of taxpayer funds – and while doing so, I interrupted Gerald to say that this is disgusting. He immediately agreed with me.
“Goldman Sachs is running Washington, look at the fingerprints, they are all over the place,” he said. “It is disgusting; they are robbing the nation blind. In fact, this is what we are writing about in the autumn issue of the Trends Journal. This is the greatest heist in US history, happening in broad day light.”
That assessment, while very serious, is nonetheless accurate. Of late, Rolling Stone’s Matt Tiabbi has fearlessly – and continually – taken on Goldman Sachs, as new reports emerge about this firm’s influence on our government, in addition to yet another round of billion-dollar bonuses that it plans to dish out.
“You know, I’m of Italian descent, and if what was [happening] on Wall Street [was being done by people] with names like Celente, Caruso, Rossini, Mondavi, Torchini, or the likes, they’d call it the mafia. Oh, and there would be a firestorm, the media would be filled with it…but you can’t call the white shoe boys crooks.”
Well, Gerald, you can gladly add Barello to the aforementioned list. As a fellow paesano I am going to join you – and break the absurd rules of politic correctness – by asserting that Wall Street and Washington D.C. are being run by psychopathic serial criminals. For those that feel this declaration is overzealous, please read the recent commentary of Jim Kouri, vice president and public information officer at the National Association of Chiefs of Police, wherein he likens the personality traits of politicians to serial killers.
The mortgage market collapsed due to massive, unprecedented frauds. More people would realize this if mainstream media outlets properly exposed such crimes; granted, investigative journalism has been pushed aside, and in its place, we find an array of pseudo-celebrity, nonentity imbeciles like John and Kate Gosselin, desperate for their 15 minutes of shame. Either way, most mortgage frauds were facilitated by both lenders and borrowers – many of whom knowingly agreed to terms they could not afford. Through the process of securitization, these bad loans have been turned into hot potatoes for tossing, often with the help of Fannie Mae, Freddie Mac, and Ginnie Mae; this has allowed lenders to deceitfully transfer risky loans to unsuspecting counterparties. Ratings agencies aided and abetted the racket by claiming these junk assets are safe; accordingly, corporations, municipalities, and a plethora of worldwide investment vehicles have purchased toxic garbage, and many risk collapsing under the weight of such. As this has happened, unregulated, over-the-counter derivatives have allowed the same criminals to secretly hedge bets against portfolios – knowing full well that many of them would indeed go sour – and when credit events occur, they collect truly absurd bounties. Accordingly, Gerald is no fan of derivatives. “They are ponzi schemes,” he said, before quipping that the term should really be “Madoffs” from now on. “Ponzi was a piker compared to Madoff, [which] is more appropriate, because they make off with all your money.”
Per the latest assessment by the Bank for International Settlements, as of last December, the OTC derivatives market encompasses $592 trillion in notionally valued contracts. One should wonder how this is even possible, when the World GDP was estimated at a shy $61 trillion in 2008. This would also suggest that – when taken at face value, anyway – the potential liabilities for outstanding derivatives may exceed the entire world’s real wealth almost ten times over. With those odds, it sounds like another major financial disaster is just waiting to happen.
In August, Harry Markopolos – the Madoff whistleblower that was ignored by the SEC for over a decade, while fearing for his own safety – stated that the derivatives market will fully collapse, and when it does, it will make Madoff “look like small time.” Despite this dire warning, the mainstream media has since ignored Markopolos, just as the SEC so prudently did for more than ten years.
Bob Chapman of The International Forecaster recently wrote about the possibility of Chinese firms unilaterally defaulting on derivatives contracts; he notes that China may in fact consider these fraudulent assets to be de facto acts of economic warfare. In consideration of this purported viewpoint, it is interesting to note that Warren Buffet has been quoted as saying derivatives are “financial weapons of mass destruction.” Would you care to elaborate any further, Mr. Buffet?
Another key derivatives critic is Christopher Story FRSA, editor of the UK-based International Currency Review, which he has been publishing for 40 years; Story counts central banks, sovereign treasuries, and government intelligence agencies around the world among subscribers. Noted as a former occasional adviser to Margaret Thatcher, he has long maintained that the entire derivatives sector is centered on fraud. His website also presents a chronicle of very serious allegations – tantamount to charges of ongoing, worldwide economic terrorism – against high-level individuals within the US government and financial sectors, including current and former presidents, cabinet secretaries, intelligence agents, as well as Federal Reserve and banking officials.
It is common knowledge that severe consequences accompany the willful publication of libel in the UK; per Mr. Story, Britain’s Head of State, Her Majesty the Queen, and many other world leaders, are fully aware of these allegations. As he has not been prosecuted for disseminating libelous statements, one can only assume that these charges, spanning back at least six years, are indeed based on facts. Granted, I am in no position to individually authenticate purported crimes, but I can enlighten others on what is being published over an international landscape; after reviewing this catalogue of analysis – which forecast most of the events that are happening today – some will certainly be inclined to contact US law enforcement agents, and demand an investigation into these shocking claims. If that is the case, please do so in a civil manner. (Note: this report has been submitted directly to American authorities.)
I mentioned Mr. Story’s stance on derivatives to Gerald; the other allegations were not specifically referenced during our conversation. “Story is one-hundred percent right…these are con games,” he said, in regards to derivatives.
Clearly, the people running this nation are “out of control,” Celente continues, noting that as economic conditions further deteriorate “people are going to start losing it,” he said. “But, they are going to lose it in different ways: our greatest fear for the future [is] rampant crime, and the society breaking down.” He pauses briefly, and then offers a truly frightening thought. “When we say food riots, it’s going to people rioting just to eat.”
Given these horrid possibilities, I ponder the following thoughts: up to $24 trillion of taxpayer funds will be used to subsidize a financial system that is reported to be in worse shape than it was one year ago – and per TARP watchdog Neil Barofsky, a lot of that money will never be recovered – while food riots may be approaching for many others?
You have got to be kidding me. The aforementioned, perverse statements have no place in this world; my ancestors did not immigrate to America so that dilapidated thugs could become empowered by the fruits of their labor and create “the greatest depression” for this entire planet. Furthermore, it is important to point out that I inherited my blood from men that were the “Oath Keepers” of their respective heydays; indeed, my Great-Grandfather, Willard J. Kirchmer, 1st Lieutenant, US Army, World War 1, and my Grandfather, Mario Rocco Barello, Fireman, Second Class, US Navy, World War 2, took their oaths to support and defend the US Constitution exceptionally serious. As a descendent of these gentlemen, I can assure you that their oaths will continue to live on, unabatedly, through me. That being said, as a truly pivotal moment in our nation’s history approaches, We the People must assert our non-negotiable authority over what rightfully belongs to us: our government.
“Politicians don’t care,” Gerald prudently concluded, before adding, “the only thing they are interested in is themselves, and if anybody thinks that a politician is losing sleep because they are losing their house, they had better grow up.”
It is clear that people are in fact wizening up; the massive, ongoing ‘Tea Party’ protests are surely a sign of it. More importantly though, critics of these events must be fair, and recognize that the movement started long before the debate on healthcare reform entered the picture – it formed in response to the absurd bailouts of Wall Street criminals. Celente forecast the ongoing continuation of politically-charged protests several months ago, saying “we’re calling, of course, for an intellectual revolution: that people understand, become knowledgeable and not rise up against the government in an armed way, but in an intellectual way.” He also believes “we need a new, third [political] party.”
As America wakes up, those in power are doing everything they can to discourage us. Protesters are being labeled radical for utilizing their God-given, constitutionally protected freedom of speech to petition the government for a redress of grievances. Be that as it may, public officials would be very wise to respect the words of John F. Kennedy, who once said, “Those who make peaceful revolution impossible will make violent revolution inevitable.”
American Patriots must peacefully band together in this intellectual revolution – and embrace the principles of civil disobedience over violence – to force changes within our Federal Republic and its governing structures. By doing so, our nation will be empowered to foreclose on the ethically, morally, and financially bankrupt cesspool of corruption, which is destroying the entire world with it. In short, we need a change we can believe in; we need a new era – The Great American Renaissance – and we need it right now.
“The whole system is breaking down and something new will be born, but if we use our intellect, rather than continue along the same path, we can create a better future,” says Celente. “We don’t need Wall Street, we need Main Street. We don’t need Wal-Marts, we need Mom & Pops. We don’t need agribusiness, we need family farms. We need to bring America back to when it was at its most, when it was the most egalitarian nation in the world, when the quality of life was at its highest. That was the model [for success].”
“For America to regain its greatness, it has to regain its dignity. It has to bring back the model that worked in the past and push it forward…it’s a rediscovery…we have to go back to quality, and quality is the basis for success,” while at the present time, “we’re a junk food nation [that is fed] junk news.” We are also being crippled by outlandish, across-the-board corruption, and it must be stopped.
In light of Gerald’s comments, I must note that research indicates a majority of Americans do not trust mainstream news outlets. Although many will not want to hear it, this degradation in confidence is partially attributed to lingering questions about 9/11; in the absence of any mature discourse on the subject, an unstoppable, ever-growing assortment of conspiracy theories have emerged within the public domain. At the same time, international media outlets are beginning to question the “official story”, while in the US, Truthers™ are unwittingly exploited by hoodwinks, which causes politicians and media to shun them; out of respect for the near 3,000 victims of 9/11, this state-of-affairs is collectively inexcusable.
Over the past eight years, the media has also demonstrated a perceivable complicity in promoting lies to rally Americans behind ill-fated policies, such as the wars in Afghanistan and Iraq; furthermore, some outlets now appear to unapologetically support President Obama in every action, as if he is our best friend – and not a politician. Media executives should recognize that few will continue tolerating the brainless assumption that news outlets exist to merely report what the government tells them; such ignorant evasions will not validate the continued existence of organizations that are derelict in their mandated duty, which is to objectively question every alleged fact. Perhaps that is precisely why the oligopoly of media conglomerates is now impotent in mitigating the collapse of many sub-entities?
If ever there was a time for the mainstream media to prove its worth, the time is now: a whirlwind of major political scandals are ripe for exposure, and they cannot be suppressed. Any outlet that demonstrates fortitude, and accurately reports on these emerging “gates” – particularly in the financial arena – will reap the massive benefits associated with public trust; in short, your audience shares will increase, along your advertising revenues.
Directors at Fox News are ecstatic that the network’s viewership continues to grow, so bear with me as I state the obvious: political conspiracies offer an unparalleled level of appeal. To prove my point, one of this conglomerate’s most successful recent TV dramas – Prison Break – thrived due to its sharp, ongoing integration of high-level political conspiracies; at the same time, the show was obviously a smash because of its handsome breakout star, Wentworth Miller, a brilliantly talented man. Either way, imagine the ratings that Fox News would generate – and the income for its shareholders – if it were to integrate a model-of-the-sort in its news programming. Obviously, your exposures of ACORN have been groundbreaking, so why not have Glenn Beck, Sean Hannity, Bill O’Reilly, and/or Greta Van Susteren look into the following?
Recently, 60 Minutes exposed the true nature of derivatives and how they have been used to manipulate markets in recent years; furthermore, right in this very article, Gerald Celente – whom Bill and Glenn have had on their shows – is on the record acknowledging rampant derivatives frauds, which if left unchecked, may destroy the US capitalist system as we know it. Glenn, I know that the collapse of capitalism is something you fear greatly, is it not?
In the following, heavily underreported clip, Steve Kroft fearlessly addresses these de facto scams known as derivatives – primarily credit default swaps – and notes that they are:
A form of legalized gambling that allows you to wager on [financial] outcomes without ever having to actually buy the stocks, and the bonds, and the mortgages [that they are written against]. It would have been illegal during most of the 20th century under the gaming laws, but in 2000, Congress gave Wall Street an exemption and it turned out to be a very bad idea.
After viewing this explosive video, you will have seen Harvey Goldschmid, a Columbia University law professor, and former commissioner and general counsel of the Securities and Exchange Commission acknowledging that the provisions of the Commodity Futures Modernization Act of 2000 were made into law “at the height of Wall Street and Washington's love affair with deregulation, an infatuation that was endorsed by President Clinton at the White House and encouraged by Federal Reserve Chairman Alan Greenspan.” At the very least, both gentlemen owe the American public real explanations as to why they supported such moves, and while we have their time, let’s ask about the allegations being directly lobbied at them by Mr. Christopher Story FRSA.
In all fairness, though, it would not be right to lay the political blame for this disaster solely on the shoulders of former President Clinton, his administration, and Mr. Greenspan; no, we must give a fair share of attention to former Senator Phil Gramm, who is now vice chairman of the investment banking division at UBS, a criminal organization that recently agreed to pay nearly $800 million in fines to settle any US prosecution of its role in facilitating tax evasion.
Mr. Gramm, whose utter contempt for the American public has been thoroughly demonstrated time and again, can also be thanked for sneaking the unmitigated, disastrous CFMA provisions – which were unlikely to have ever passed through Congress in a stand alone bill – into a Christmas-season appropriations bill that most House representatives clearly failed to read. The Senate later approved these toxic addendums in a unanimous vote, which coyly allowed CFMA to be signed into law.
Obviously, many aspects of CFMA – particularly all clauses that provide legal certainty for unregulated OTC derivatives – must be rescinded immediately; however, this alone will not lead us, and the entire world, out of the financial crisis. As all of us know, the belief that some firms are too big to fail is, in-and-of-itself, an abject failure; accordingly, we must reverse this policy and dismantle every insolvent, transnational, all-in-one financial institution that has come to life – and collapsed – over the past decade.
At this process unfolds, we need to examine why the Financial Services Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act, was passed by Congress and signed into law by President Clinton. This rubbish-encrusted non-improvement repealed key aspects of the Glass-Steagall Act of 1933, which became effective during the height of the Great Depression, and prohibited any one financial firm from partaking in commercial banking, investment banking, and/or insurance at the same time.
A quick reflection brings two thoughts to mind: the first is that the use of the word modernization in finance bills tends to serve as an indicator that future problems will arise, so let’s refrain from using such terminology moving forward. Secondly, Mr. Gramm has once again demonstrated how connected his own hands are to this financial crisis, hook, line and sinker. With friends like you, Phil, who needs enemies? I urge investigators to keep that question in mind, especially as they continue to uncover the actions of Gramm and others, who literally believe they can do whatever they want, whenever they want.
To be fair to the former senator, who has received a decent portion of this writer’s indignation, we should also pay close attention to the following 155 present members of Congress – 101 in the House, 54 in the Senate – that voted in favor of FSMA one decade ago. Thanks to the Center for Responsive Politics, we are able to deduce exactly how much money each of them have received in financial contributions, through 2008, from the very same industry that directly benefited from these changes.
We need to reform our campaigning and election laws, and in doing so, we should adapt a more European model, which shuns the use of private funding, and severely limits overall campaign seasons, typically to around six weeks. The previous list, which totals into hundreds of millions of dollars, hammers the nail on why the influence of corporate funding is dangerouos, while the years 2007 and 2008 in America speak to the latter. Elections are not meant to be elaborate, multi-media rock concerts; they are supposed to be elections, plain and simple.
Dr. Ron Paul – perhaps the only true, remaining Statesman in Washington, D.C. – deserves much gratitude from the American public; his courageous, uninterrupted opposition of the Federal Reserve spans back many years, and it ultimately proves why he is a major ally for those of us seeking The Great American Renaissance. Congresscritters should note his leadership skills, and follow them to the tee.
Personally, I believe The Creature from Jekyll Island should have been instantaneously abolished earlier this week, when it emerged that the Fed has committed a fiduciary perjury against Americans (and the rest of the world) – the Treasury Department has, too – but something tells me that once the books and activities of this parasitic fiend are exposed, by audit, or otherwise, Dr. Paul will ultimately get his way, and we will finally End The Fed, once and for all.
I cannot understand why any politician or businessperson would support the continual operations of a privately-controlled central bank that has caused the US dollar to lose an estimated 95% of its value over the course of its near 100-year reign. That’s just me though, and while I am an advocate for a return to the gold standard, at the very least, the elimination of the Fed would provide one giant leap forward for all of mankind, and one hell of a kick start for The Great American Renaissance.
The final key to our economic recovery, if published reports are true – and a much-needed lifeline for the US dollar – may be provided to America by our greatest and most important ally, the UK. As many foreign nations now appear ready to flee the dollar, we must investigate the sincerity of a purported offer – apparently on the table now for several years – that is directly attributed to Her Majesty, Queen Elizabeth II, among others. God willing, the Dollar Refunding Operation is indeed a bona fide pro bono offer from the British Monarchy. I cannot – and will not – claim to know what the full story is behind these proposals, but if any official US sources are willing to comment on this, they are encouraged to do so without delay. Our entire nation is on the brink of collapsing, as demonstrated herein.
I am fully aware that by raising certain topics in this article, my life might be placed in jeopardy. I am also aware that when I say God Almighty directs my actions, it will provoke cynical feedback from certain parties; regardless, that is indeed the fact-of-the-matter from my perspective, and thus, no one can tell me to believe otherwise. I will not stand idle as this Great Nation risks unimaginable suffering, especially when there are numerous ways for us to mitigate, or prevent that from happening altogether.
In the end, as they move to rebuild their nation's finances, leaders around the world should follow the very wise advice of His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan, who has so prudently said, "I care less about the gross national product and more about the gross national happiness."











Comments
wow!
This has to be one of the best articles the examiner has ever produced. Hats off to Mr. Barello for speaking truth to power. Many in high places have known about trillions that are ready to be released to help rebuild our great country while reforming a corrupt banking system.
As George H.W. Bush once said, "If the American people ever knew what we were really up to, they would hang us from every lamp post in Washington. That day may not be far off.
Kudos as well the Mr. Story. If people would only take the time to read through his archives and learn what has been going on right under our noses. You can find the complete archives at www.wordreports.org
I enjoyed the article and tend to agree with Celente, but, my friend, you mean, surely, to say that people are "wising" up, not "wizening" up?
Great job on this article Tim. Hopefully it'll see some circulation among those who have a little more depth than a cookie sheet...As for those that will defend their own enslavement at all hazards, it just goes to show that you really can't fix stupid.
Go Oath Keepers!
Where in the Constitution does it say we have to
Use Federal Reserve Notes? It doesn't.
It is the Bankruptcy of 33' that forces (by aggrement) the US to use the private issue currency of the FED (Money/currency of Exchange). See the March 5th 1933 "Emergency Banking Act" & as also codified in, "HJR-192" Signed on June 5th 1933. The Federal CORPORATE US, a/k/a UNITED STATES INC. was/is IN THE STATUS RECEIVERSHIP. Please see the. "Bills of Exchange Act"
Lets start with a Constitutional amendment separating the powers of commerce and state. The problem with the Fed is we have a Gov sanctioned monopoly.
you can also find Gerald Celente here :
www.geraldcelentechannel.blogspot.com
and in this youtube channel :
www.youtube.com/geraldcelentechannel
spot on. Awesome article.
AWESOME article and IMO it is SPOT ON. Gerald is a shoot from the hip kind of guy and he doesn't mince words, if he says it then that means he actually believes it, if he believes it then there's a reason and the reason is usually truth.
911 was an inside job. See wtc7.net The history of government sponsored false flag terrorism is well established. See the Alex documentary "Terror Storm final edition". IT may be viewed for free at Google videos.
That's some fine reporting comrades!
After reading this article I can only wonder if President Obama is a real agent of change or just another lap dog for the Wall Street elite? Yes he inherited a financial train wreck from the Bush administration, but now after nine months he has surrounded himself with the very people who have been gaming the system at tax payer expense such as Geithner, Summers, Rahm Emanuel and Ben Bernanke.
After doing some further reading at www.worldreports.org, if only one tenth of what Mr. Story says is true, the American people should march on Washington and demand answers. If it is true that there are trillions waiting to come into the US Treasury that have been held back to only keep this corrupt game going, those responsible should be brought up on treason charges. As Mr. Story says, these are in fact crimes against humanity.
I sincerely hope that this information has been sent to the appropriate authorities as Mis-Prison Of Felony is a serious charge. Our leaders must be held to account.
I fell out of my chair after reading this article as well as information from Christopher Story's site. Why is the main stream media ignoring what is under their very noses? Maybe it is true they are bought and paid for.
Hey Sam098,
They are all lapdogs. Wallsteet jackels-no, elitist politicians-yes. The American people should be demanding answers, and no we do not need to be rescued by the Queen as our saviour. It comes down to this. Gov did not ask the people if it's OK to deficit spend. It fact the people expressed loud and clear not to. Therefore we will not accept future liabilities, nor our children, nor our grandchildren. Those who purchase Gov treasuries do so at their own peril. If Gov put up collateral such as national parks, infrstructure, military hardware, etc. well, it wasn't theirs to bargain with. It belongs to the American people. The people constitute America, not the Government. We will not forfiet aformentioned collateral, bought and paid for by us. We have a big problem though, namely energy. There is no "green" answer, sorry to say. Right now our best policy is conservation and a huge lifestyle change. Lets do it ourselves instead of being swung about by our ears. NO QUEEN NEEDED
Sam098:
Don't March on Washington, and stop empowering them by calling them your leader. The solution to the problem is not to switch rulers, but to alter or abolish the system toward more legitimate governance. I don't think that this is a new idea, nor do I think that those people claiming rule over me in Washington D.C. today are near as considerate of my rights as colonial representatives were of those who originate that formulation of rights to justice.
Only problem force is, only solution peace.
The REAL solution is EASY, restore the "rule of law":
google: "rule of law" nazisociopaths
Else, "Mathematics of Rule" will continue to smite all of us:
google: "Mathematics Of Rule" nazisociopaths
Selling this to irresponsible politicians, judges and public is another matter. Oh well, reality just keeps hitting harder until people get it, or die.
Bill Ross
(Electronics Design Engineer)
Why do you talk about "our government?" "We" don't have a government, any more than "we" have a tornado, a tsunami, an avalanche, or any other deadly, destructive entity which men cannot stop once it has been formed.
Our government "of the people" is way ahead of us, anticipating today tomorrow's riots and insurrection. See the article on libetynewsradio for a summary of the utterly horrific "non-lethal" weapons of crowd suppression being prepared for law enforcement use against American citizens and backed with research dollars by the Orwellian Department of Homeland Security. These weapons, which are being developed for use solely against American citizens, cannot reasonably be distinguished from mass torture.
Regarding derivatives, Citigroup quants were the architects of Enron's dubious off-balance sheet crimes, and when those same employees thought better of it and attempted to halt the proliferation of such crimes by Enron and other Citi clients, they lost their heads. In any case, the ascendancy of finance in corporate America is nothing if not the cancerous outgrowth of our perverse tax laws.
This was long...but one of the most insightful articles I've ever read! This explains so much and the frightening thing is, that when you look at the news and everything that's happening lately, it appears that his predictions are inevitable. People need to pass this on, encourage the media to report the truth and demand answers, accountability and transparancy in government. I agree with him; this nation is in trouble and we need a third political party, one that will act on behalf of the American people, instead of self-interest and corruption.
There is only one thing the government understands ...
So ... you go and stand on your corners and have your little tea bag protest. I can assure you, as long as you are on your corners, waving your signs and tea bags, making nothing more than a little noise ... your protest will fall on deaf ears.
Your little tea bag protest is no threat to the powers that be. They are going to just ignore you and let you get a feel good about yourselves while you think you have done your part for the Republic and the Constitution.
Do you people really believe that standing on a corner, waving signs and teas bags and making some noise is going to ... what ... put fear into your masters?
Do you think for one moment, that the powers that be are all going to rush into their chambers and tell each other ...
"Hey guys, we need to stop what we are doing! Look, the peons are having tea parties across the nation waving signs and making a little noise! We better watch out guys, or they are going
(Exceeded the 1000 character limit) Oh well, as I was saying:
There is only one thing the government understands, and that is power, force, violence and death. Refuse to obey any number of the government laws, statutes, codes, regulations ... and you will find out just how quick they will respond to your disobedience with power, force, violence and death.
When you are willing to relieve the government of the monopoly that YOU gave them ... things will change.
All this commentary and opinion, and not one word about the soon return of the Lord Jesus Christ who will settle the score and set things right. Is anyone concerned about the spiritual aspects of all this mahem?
Mr Obama is a 33rd degree freemason and a member of the council of the foreign relations that wants a one world government. They will get what they want but won't like what they get. May God have pity on thier souls. Judgement day is coming and thier lord has lost already.
Bill Ross,
The "Rule of Law" you speak of is enforced out of the barrel of a gun. The question you should ask yourself, is what happens when the criminals run government? Good luck on your philosophical quest for truth.
This is rational, insightful and brilliant analysis. Good job.
END THE FEDERAL RESERVE and make fractional reserve banking a crime. Legal tender laws must be repealed a true freemarket and the gold standard must be brought back world wide. Kill the lobby in this country and enforce the rule of law. Recognize property rights and the constitution again. I am for a peaceful intellectual revolution. But I am afraid when it all comes collapsing down secession and mob rule will ensue for a while. When the dust settles will we start again as our fore fathers did? God willing. When it all comes crashing down though and the state try's to enforce it's will I hope to here the cry... "Molon labe! Liberty!
JFK was well aware of the limits of the globalists. Another quote from him applies: "Conformity is the jailer of freedom and the enemy of growth."
It's time for a stateless, and voluntary society.
It's the only permanent solution. If you reverse time by 30 years...we'll just end up back here agian.
The only solution is end nations as we know it. No more legalized theft (taxation, federal reserves). No more giving a group of people the legal right to use violence against citizens and others.
It's time for a stateless society.
Tim says "God Almighty directs my actions"
Your god is impossible because consciousness is awareness of existence. Without existence there is nothing to be aware of since information is contingent to existence. Hence there can be no consciousness without existence and therefore theistic or deistic gods cannot transcend reality. Consequently, belief in gods is indistinguishable from fantasies of gods.
Nation does not mean a politeía; nation means a group of people who form a politeía. Actions do not happen independent of that which causes the action. Politeía is a set of actions conducted according to a set of specifications. If the actions are not according to specification, then there is no politeía. The USA does not exist since no set of actions occur according to its specification. Those who occupy the seat of power in Washington DC are criminals and traitors to those they allege to represent. Its unlikely that peaceful means to remove the traitors can be found.
Susan wrote: "we need a third political party, one that will act on behalf of the American people, instead of self-interest and corruption"
The purpose of having government is to protect one's self-interest and not the interest of the collective. Communism, Socialism, Fascism or collective Stateism defeat the purpose of government. What is needed is to adopt a parliamentary legislature where all political parties are represented in proportion to their share of the vote along ideological demarcations rather than winner take all per district. The later current schema keeps professional hacks in office for decades, while making those left out in the cold turn to activist judges for representation. A modern day Constitutional Convention needs to be convened where the interests of individuals can be ensconced into the structure of government and evils like the FED can be prohibited.
iawai wrote The solution to the problem is ... to alter or abolish the system toward more legitimate governance.
Legitimate means "according to law." Law can only obtain with government. The solution is a new Constitutional Convention configured so that the professional political hacks who run government are not involved.
Dave said "The people constitute America"
No that's not true. The People are a group of individual Homo-Sapiens. "America" is a euphemism for the aggregate of all cultures held by "The People." United States is the name of the legitimate government of the common law republic, United States of America. However republics like the USA can only occur as a set of actions done in accordance with a set of specifications. Since actions that would comprise the USA are not done according to the its specification, the Constitution, the USA does not exist and the governmental power is Washington DC is then not the legitimate United States. We in north America are ruled over by usurpers and traitors. There is no way to fix it without better systemic structures to ensure only the specified actions that define USA are only those performed.
Fantastic article, but your solutions are all wrong. The People can't "take back" the government if it's too big and complicated for the average person to understand. Any government THIS big and THIS centralized will inevitably be hijacked by special interests. No constitutional amendment or change in campaign finance laws will get around that problem. The federal government is a lost cause. Secession will be the true American Renaissance.
Either throw the bums out or shoot the bastards.
Conspiracy theories?????????????
Hahahahahahahaha.
Conspiracy FACTS!!!!!!!!!!!!!!!!!!1
Thank you for this article. I too am very concerned that the USA will not survive this financial disaster. Would anyone like to start a ! save Western Civilization Soceity " please? If so I would become a founding member. Because unfortunately for us and maybe even for the rest of the world too,that is what will be the outcome of a financial tsunami and economic collapse. Moral decline has always historically been followed by economic decline . I am an admirer of what the USA ( and Great Britain too of course)
once stood for.
Elizabeth
Excellent article. Unfortunately, until reports like this one get out to main stream, we're just preaching to choir. The majority of the sleeping sheep continue to drink the cool-aid. Most of the folks that go to sites such as this do so "because they get it". The main stream media is controlled propaganda created by the same evil "beast" that owns the banking cartel, the White House, Congress, the Senate, big pharma, Big Ag, and the military complex. All works in concert. The good news is we are beginning to notice fractures and guys like Celente ARE making a difference. For my part, I'm sending this out to every person I know. You need to do the same. Hey folks, GET YOUR GARDENS READY FOR NEXT SPRING and load up, guns, ammo, gold, silver and a lot of prayer. This is going to be a long hard road.
These government criminals are trying to cover their deeds by pushing hot-button legislations like so called Health Care Reform, Cap and Trade, and hate crimes laws, so attention will be misdirected from the looting of the American people! How can people be so stupid in trusting these evil people with health care when they have already raped us and our children?
All, don't think for a minute that those of us who are "sworn to defend the Constitution against all enemies; foreign and domestic" aren't talking within circles as to when we have to do this... Very scary times folks. Let's all pray for the best!
"How can people be so stupid in trusting these evil people with health care when they have already raped us and our children?"
Sad to say but the majority of Americans are sheep and prefer to be slaves to the government. They want someone else to make the decisions for them in their lives and are perfectly happy being told what to do by the government. Therein lies the real problem, if Americans would wake up (they won't) this would be a issue rapidly resolved.
Again, the execution of this crime was in the making for centuries and is headed by the darkest forces imaginable. In terms of those things worldly, the situation is "check-mate".
Our Lord, Jesus Christ, has overcome the world. Now, we need his strength to do the same.
Yes Dee, I am, indeed concerned about the spiritual aspects of this terrible mahem. We Americans need to get down on our knees and beg God to forgive us our trespasses and heal our nation...and we need to DO IT NOW! Arrogance prompts Pride, and Pride is a sin. It's all downhill from there. Only through Humility and Trust will we survive this debacle. We must Trust in the Lord, do what we can, and leave the rest to Him Who was, Who is and Who is to come. Amen!
I definitely agree with 2 chron 7:14. If anybody has NOT "built their Ark" so to speak, time is NO longer on your side, gold is past $1,000 an ounce, silver is $18 an ounce, get food, water, water filter, guns, ammo, (if you can) and most importantly ask God for wisdom. By the way, check out the "Obama Deception" for free on youtube.com and watch the trailer of "Fall Of The Republic: The Presidency of Barack Obama" also free on youtube.com. Check out also campaignforliberty.com
Makes you wish the terrorists would take care of the crooks in DC. I fear for my family and country. Where is the next Ronnie Reagan when you need him!
This is an interesting article
Very well written. While I've read most of this repeatedly, I was rather surprised to see Chris Story cited. Nice to see someone from Wall Street confirm that Mr. Story is the real-deal. Every American should read his International Currency Review. I have a feeling a lot of readers would afterwards google "noose".
In a perfect world the people would rise up in mass go to washington dc, the devils carnival, set-up gallows and hang the bas-terds from the neck until dead...The usa is a lost cause, she will not be healed. Everything GC says is coming in the very near future to a city near you. www.waytozion.org
All these things must come to pass. It was written long ago. Prepare physically, mentally and spiritually. Repent from your sins and follow YHVH, Jehovah, The Lord God Almighty. Put your faith in Him alone then stand in faith and watch His glory save you. Don't stop fighting for good.
This is the most penetrating and far reaching article that I have read, to date, regarding the crisis that currently afflicts our nation and threatens the very future of the American people; you sir, are a great American.
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