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Paul Joseph Watson
Monday, December 15, 2008
Frighteningly accurate trends forecaster Gerald Celente says that America will see riots similar to those currently ongoing in Greece and that the cause will be a hyper-inflationary depression, leading to the inevitable use of troops and mercenaries to deal with the crisis as Americans are incarcerated in internment camps.
As we have highlighted before, Celente’s accuracy is stunning – he predicted the 1987 crash, the sub-prime mortgage crisis and the “panic of 2008,” and is routinely cited even by mainstream news networks as highly credible.
The cause of the riots would be a hyper-inflationary depression, Celente told interviewer Lew Rockwell, causing Americans to revolt in similar circumstances that we have witnessed recently in Iceland and Greece. The trouble would be sparked off by Obama declaring a “bank holiday” whereby people won’t be able to withdraw their money.
“What’s going on in Greece with these riots has nothing to do with a 15-year-old boy being killed, that was only the spark that ignited the pent up, really hatred and disdain, people have for the scandals and corrupt government and the same thing is going on in this country as well,” said Celente.
Celente reiterated his prediction of a revolution and riots in America, and said that the first signs of it could even emerge before the end of the year.
Paul Craig Roberts
The prospects of a government rescue for the foundering American automakers dwindled Thursday as Democratic Congressional leaders conceded that they would face potentially insurmountable Republican opposition,” reported the New York Times last Friday.
Wow! The entire country is steamed up over the Republicans bailing out a bunch of financial crooks who have paid themselves fortunes in bonuses for destroying America’s pensions.
Why do Democrats want to protect Republicans from further ignominy by not giving them the opportunity to vote down a bailout for workers? Quick, someone enroll the Democratic Party in Politics 101.
GM’s divisions in Canada and Germany are asking those governments for help. It will be something if Canada and Germany come through for the American automaker and the American government doesn’t.
Conservative talking heads are saying GM is a “failed business model” unworthy of a $25 billion bailout. These are the same talking heads who favored pouring $700 billion into a failed financial model.
As someone who has literally “partied for a living,” (in special events) I claim this with absolute authority:
The. Party. Is. Over.
It’s time to turn off the music, turn up the lights, present the bill, “gather up your jackets and move to the exits” and if necessary–and it obviously is necessary–call the cops. And yeah, I remember the number. It’s 9/11.
The Republicrats need to go home, and don’t even get me started about a third party–because what this country really needs is a second one.
“Chase recently received $25 billion in federal funding. What effect will that have on the business side and will it change our strategic lending policy?”
It was Oct. 17, just four days after JPMorgan Chase’s chief executive, Jamie Dimon, agreed to take a $25 billion capital injection courtesy of the United States government, when a JPMorgan employee asked that question. It came toward the end of an employee-only conference call that had been largely devoted to meshing certain divisions of JPMorgan with its new acquisition, Washington Mutual.
Which, of course, it also got thanks to the federal government. Christmas came early at JPMorgan Chase.
The JPMorgan executive who was moderating the employee conference call didn’t hesitate to answer a question that was pretty politically sensitive given the events of the previous few weeks.
Given the way, that is, that Treasury Secretary Henry M. Paulson Jr. had decided to use the first installment of the $700 billion bailout money to recapitalize banks instead of buying up their toxic securities, which he had then sold to Congress and the American people as the best and fastest way to get the banks to start making loans again, and help prevent this recession from getting much, much worse.
The White Rose was a non-violent resistance group in Nazi Germany, consisting of a number of students from the University of Munich and their philosophy professor. The group became known for an anonymous leaflet campaign, lasting from June 1942 until February 1943, that called for active opposition to German dictator Adolf Hitler’s regime. The six core members of the group were arrested by the Gestapo, convicted and executed by beheading in 1943. This is the translated text of their first leaflet:
Nothing is so unworthy of a civilized nation as allowing itself to be governed without opposition by an irresponsible clique that has yielded to base instinct. It is certain that today every honest German is ashamed of his government.
Who among us has any conception of the dimensions of shame that will befall us and our children when one day the veil has fallen from our eyes and the most horrible of crimes— crimes that infinitely outdistance every human measure—reach the light of day?
Inscribed on the Liberty Bell is, “Proclaim liberty throughout the land unto all the inhabitants thereof” (Lev. 25:10). The next verse reads, “It shall be a jubilee unto you; and ye shall return every man unto his possission, and ye shall return every man unto his family.”
As our government reaches ever further into our wallets with corporate buyouts and printing even more money, greater burdens are heaped upon our collective backs. American taxpayers will now carry the debt loads of Freddie Mac and Fannie Mae, making us slaves of debt we never agreed to pay.
If we were to view our government optimistically, we could view it as leading by example, reminding us that forgiveness is the only way out of the failed obligations of others. Yet it is radical — is it not — that our leaders actually called for the forgiveness of debt? On the other hand, as a nation that professes to be Christian, that is exactly what Jesus taught his followers to do.
The Lord’s Prayers says, “… forgive us our debts, as we forgive our debtors…” This passage is reverently spoken by most Christians–ostensibly 85% of the American population, and reminds them to forgive those that lie, steal, hurt, cheat, kill and to forgive even the worst of sins: choosing to serve power and money over God. In other words, the Lord’s Prayer is a reminder that we are called to forgive even the people who run our government.