While the politicians battle it out over who would be to blame if the American economy hit a brick wall, Gerald Celente from the US-based Trends Journal says the political elite will not recognize simple solutions to curb America’s deficit. “The country is going bankrupt — just look at the numbers. The numbers do not lie — politicians lie,” nails Celente. The bigger picture includes the long-predicted devaluation of the dollar, says the forecaster, recalling that gold gained $US 115 an ounce last month alone. And against that background the talks about deficit reduction do not mention the most obvious measures like cutting the military budget or slashing foreign aid, which topped $US 57 billion a year. “How about companies like General Electric that made $US 14 billion last year, paying no taxes?” says Celente, who is sure there is plenty of room to turn the deficit situation around and clean up the economy. “We do not have a representative form of government, we have a government that represents only the very powerful and the very rich and that is all this is about — letting them keeping their perks. “RT on Twitter: twitter.com RT on Facebook: www.facebook.com
Posts Tagged ‘ Celente ’
Apart from an Imminent collapse Gerald Celente also addresses elections, albeit with fraud risks, bring the politicians home from Washington DC, VoteAtHome and GovatHome. Seen as a solution to the politicians representing those that make contributions instead of the electorate.
The debt standoff continues and still lawmakers cannot come to terms on a deal. August 2nd is the day that the US is supposed to default and many are concerned on how this will affect the US’s AAA rating. Gerald Celente, publisher of the Trends Journal, tells us the numbers don’t lie. Follow Lucy on Twitter: twitter.com
Barack Obama has traveled to New York to deliver a speech to Wall Street asking for the support of his Financial Reform bill. But will his proposal bring the change needed to fix the problems that helped cause a financial crisis in the first place?
Gerald Celente on Gary Null 20 April 2010 more details at geraldcelentechannel.blogspot.com
more celente interviews at geraldcelente.tk http
Wall Street regulation is the hot topic today; President Barack Obama gave a speech to the finance industry encouraging them to join him in reforming Wall Street. Gerald Celente says that there is a huge problem with Obamas Financial Reform bill because the same people that got us into this economic mess are the ones advising Obama.
Gerald Celente Finance reform, just a show more details at geraldcelentechannel.blogspot.com