Posted on 11/24/2008 5:15:55 PM PST by Michael Eden
Let me just start with the sobering thoughts of Trends Research Institute CEO Gerald Celente, and then save my comments for after:
Celente Predicts Revolution, Food Riots, Tax Rebellions By 2012Aint that a heavyweight boxer's send-you-whimpering-to-your-knees shot to the gut.So there you have it - hardly a nutjob conspiracy theorist blowhard now is he? The price of not heeding his warnings will be far greater than the cost of preparing for the future now. Storable food and gold are two good places to make a start.
Paul Joseph Watson, November 13, 2008Prison Planet - The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
“We’re going to see the end of the retail Christmas….we’re going to see a fundamental shift take place….putting food on the table is going to be more important that putting gifts under the Christmas tree,” said Celente, adding that the situation would be “worse than the great depression”.
“America’s going to go through a transition the likes of which no one is prepared for,” said Celente, noting that people’s refusal to acknowledge that America was even in a recession highlights how big a problem denial is in being ready for the true scale of the crisis.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as “The Panic of 2008,” adding that “giants (would) tumble to their deaths,” which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 per cent.
The consequence of what we have seen unfold this year would lead to a lowering in living standards, Celente predicted a year ago, which is also being borne out by plummeting retail sales figures.
The prospect of revolution was a concept echoed by a British Ministry of Defence report last year, which predicted that within 30 years, the growing gap between the super rich and the middle class, along with an urban underclass threatening social order would mean, “The world’s middle classes might unite, using access to knowledge, resources and skills to shape transnational processes in their own class interest,” and that, “The middle classes could become a revolutionary class.”
In a separate recent interview, Celente went further on the subject of revolution in America.
“There will be a revolution in this country,” he said. “It’s not going to come yet, but it’s going to come down the line and we’re going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen.”
“The first thing to do is organize with tax revolts. That’s going to be the big one because people can’t afford to pay more school tax, property tax, any kind of tax. You’re going to start seeing those kinds of protests start to develop.”
“It’s going to be very bleak. Very sad. And there is going to be a lot of homeless, the likes of which we have never seen before. Tent cities are already sprouting up around the country and we’re going to see many more.”
“We’re going to start seeing huge areas of vacant real estate and squatters living in them as well. It’s going to be a picture the likes of which Americans are not going to be used to. It’s going to come as a shock and with it, there’s going to be a lot of crime. And the crime is going to be a lot worse than it was before because in the last 1929 Depression, people’s minds weren’t wrecked on all these modern drugs – over-the-counter drugs, or crystal meth or whatever it might be. So, you have a huge underclass of very desperate people with their minds chemically blown beyond anybody’s comprehension.”
The George Washington blog has compiled a list of quotes attesting to Celente’s accuracy as a trend forecaster.
“When CNN wants to know about the Top Trends, we ask Gerald Celente.” — CNN Headline News
“A network of 25 experts whose range of specialties would rival many university faculties.” — The Economist
“Gerald Celente has a knack for getting the zeitgeist right.” — USA Today
“There’s not a better trend forecaster than Gerald Celente. The man knows what he’s talking about.” - CNBC
“Those who take their predictions seriously … consider the Trends Research Institute.” — The Wall Street Journal
“Gerald Celente is always ahead of the curve on trends and uncannily on the mark … he’s one of the most accurate forecasters around.” — The Atlanta Journal-Constitution
“Mr. Celente tracks the world’s social, economic and business trends for corporate clients.” — The New York Times
“Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority.” — 48 Hours, CBS News
“Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing.” — The Detroit News
“Gerald Celente forecast the 1987 stock market crash, ‘green marketing,’ and the boom in gourmet coffees.” — Chicago Tribune
“The Trends Research Institute is the Standard and Poors of Popular Culture.” — The Los Angeles Times
“If Nostradamus were alive today, he’d have a hard time keeping up with Gerald Celente.” — New York Post
As I've previously written, "The Beast Is Coming." And he's coming soon.
You remember Hillary Clinton's now-famous "3 AM phone call" ad? Well, it's pretty much 3 AM every minute of every day right now, and the most inexperienced and most radical President in US history simply isn't ready for it. Don't believe me; just ask Vice President-elect Joe Biden to reminisce about what he said a few months ago: "The Presidency is not something that lends itself to on-the job-training." We are ONE crisis away from complete disaster and even total collapse. And - given a very likely Hillary Clinton appointment to Secretary of State - you have the two most senior members of Obama's administration on the record repeatedly stated that Obama would simply not be up to the job.
Well, he's got it. We gave it to him. Along with a total Democratic majority that will give him power not seen since FDR. And boy, oh boy, are we ever going to pay for it.
Possibly the most terrifying crisis of all could occur before Obama even takes the oath of office. Former Ambassador to the UN John Bolton is among a group of foreign policy experts who believe that Israel - fearing Obama's weakness and lack of commitment to their security - will attack Iran before January 20, 2009 in order to destroy the rogue, terrorist state's nearly complete nuclear weapons program. And even Joe Biden pretty much had to say that you're going to have to have blind faith in Obama, because it won't be apparent that he has any clue what he's doing.
On the economic front, we now have Obama already backing away from his pledge to tax the bejeezus out of the rich and raise capital gains so that he can give the lower classes (including those who don't even pay taxes) a "tax cut." Which is pretty much an implicit acknowledgment that he didn't have a clue what he was talking about during the campaign, and that the people he was demonizing had a far better understanding than he about how the economy works.
Which is partially why investors have been bailout out of the market in droves since Obama's election, and why 74% of chief executive officers believe that an Obama presidency will be a disaster for the nation.
The good news for liberals, given Celente's analysis: you've always wanted to destroy Christmas. Now you'll finally be getting your wish. Way to go.
Evangelical Christians have long known this coming meltdown was coming. The United States isn't mentioned in Bible prophecy for one good reason: we won't matter. We won't have the power to project ourselves into the Middle East during the final days, and we won't have moral courage to support historic friend Israel when it matters most.
Grant R. Jeffrey wrote a book entitled Final Warning: Economic Collapse and the Coming World Government which came out in 1995. He concluded his chapter 14, ''The Coming Economic Collapse," by stating:
"However, in the last few years the size and complexity of the financial derivatives market has exploded until today over $21 trillion is at risk in America and and astonishing $42 trillion is at risk worldwide. To place these figures in perspective, the total value of all stocks traded on the New York Stock Exchange amounts to only $6 trillion. We should remember that the stock market crash of 1987 that resulted in the loss of $1 trillion of investors' funds was precipitated by a massive drop in the financial derivatives market. During the last year the largest Japanese steel company in Germany lost $1.4 billion. Then, Orange County, CA, lost $2 billion while the 270-year-old Barings Bank of England was forced into bankruptcy when they lost $1.3 billion in one week on a derivatives trade by one 28-year-old employee. This incredibly dangerous derivatives market could very well be the trigger for the coming financial collapse that the Bible indicates will occur in the last days leading to the rise of Antichrist and the revived Roman Empire" (p. 247).Grant's insightful and clearly prophetic analysis both reveals the means of our economic destruction while simultaneously pointedly revealing that the cancerous roots of the financial implosion occurred during the Clinton era, and NOT as a result of Republican or Bush policies.
In September 2003, Democratic Rep. Barney Frank said of the GSE entities which created the housing finance crisis, ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis.” And Democrats steadfastly refused to regulate them at a time when President Bush urged regulatory reform when it could have averted disaster. And Barney Frank - representing the Democratic consensus - was still in denial as late as July 2008, saying, "I think this is a case where Fannie and Freddie are fundamentally sound, that they are not in danger of going under." In one of the greatest propaganda campaigns in human history, the American media managed to convince the electorate that policies that were conceived and carried out during Democratic administrations were somehow the Republicans' responsibility.
I worked as hard as I knew how to elect John McCain because I saw Barack Obama as the walking disaster who would destroy America and prepare the way for the beast of Revelation. Secular humanists will continue to laugh at people like me even when they are in the darkest depths of the Apocalypse. But I hope that more and more people will begin to realizing it's no laughing matter before the looming disaster engulfs us all.
As a final P.S. let me say one final thing about the Apocalypse. If you cheat and read the last page of Revelation to see how it all ends, you will find that God wins, and all those who oppose Him lose. The time is coming when we will all have to pick our sides.
...Marker...
We might disagree with that lawsuit and the CRA itself, but that doesn’t mean the CRA led to the subprime mortgage crisis. Listen, I always check the other side of a debate. Usually, the Dems do not make a valid argument.
But, in the case of the CRA, they do bring forth a valid point: the CRA doesn’t regulate most of those mortgage companies that sold subprime mortgages. And they’re correct on that point: http://www.federalreserve.gov/dcca/cra/
It regulates only depository institutions, and it requires the borrowers to be creditworthy.
Here’s more about it:
http://www.ocregister.com/articles/loans-subprime-banks-2228728-law-lenders
What really gets my beef are the home ownership subsidy programs. (The gov’t subsidizes mortgages for some low-income families.) The CRA is overreaching, but I’d rather have the CRA than the subsidy programs. JMHO. Better yet, let’s throw them all out.
Btw, my husband and I bought our home with an ARM. An ARM can be a useful tool. Once the rates dropped, we locked into a fixed-rate mortgage under a lower rate. The key is, we didn’t overpay for our home. Later, too many people overpaid for their overvalued homes and then borrowed even more against those inflated values.
This comes from Prison Planet? The Alex Jones new world order, poison contrail, Bilderberg site? Oh, that’s credible.
Sorry, but unless Obama is America’s Robert Mugabe, it won’t happen.
Reading your check list, it sounds like you are living in my basement. I better go check...
Watch out! If I’m down there, I may have my pajamas on.
My apologies, Michael.
Gerald Celente is not a kook...far from it.
But what you described sounds pretty much like my property.
If you really were here I would have you either out back deer hunting ( the season is in here) or out in the barn skinning the ones hanging in there.
HOLD ON TO YOUR MONEY! Go to the ATM right now and make sure you have at least $5000 in cash at the ready, and enough guns and ammo to defend it. Prepare “in case” plans for your family.
No, I think that’s a market correction, actually. It was way overvalued. The charts of late are all logarithmic, just to make it look linear. The ‘growth’ in the last 2 decades doesn’t seem to be based on companies’ growth and the PE ratios have been quite high. All just my opinion and you could be right.
I would htink a total panic would include a run on banks. Don’t know if that’s happening yet or not, but I haven’t heard anything.
hmmmm, thanks for the link. All the more reason to stock up!
Ok, I didn’t realize it was a future prediction. Scary stuff!
“Gerald Celente is not a kook...far from it.”
I wasn’t referring to him. I was referring to the fundie employing “trailer park scholarship” while reading the Bible with one hand and the newspaper with the other.
http://www.tektonics.org/af/calcon.html
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Dos and don’ts of Bible Study http://www.tektonics.org/uz/useguide.html
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More: http://www.tektonics.org/esch/eschatology.html
He's on Coast a lot. Not the scariest, not by a long shot.
Gotcha..stand corrected.
Or maybe Jean Dixon.
Frankly, I never heard of the guy before, but then again, I never listen to Art Bell either.
>>The “system” is being screwed by the idiots but the country remains a nation of individuals. Not a nation of the ruled.<<
I used to think that. Until “they” elected Obama.
I don’t any more. You and I were both living in the past.
Seriously.
This one will not take years.
Revelation 18:8
Therefore in one day her plagues will overtake her:
death, mourning and famine.
She will be consumed by fire,
for mighty is the Lord God who judges her.
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