Gerald Celente: Bernanke Has Devalued the Dollar and Destroyed the Economy

Video: Celente on Bernanke, Geithner and the 'insiders club' -- Aired December 3, 2009

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Comments

[GobiasBestFriend]

It is all backroom deals. I wouldn't be surprised to find out that the demoncrats have cut a deal with Bernanke. If the demoncrats ignore the outright theft by the Fed, Bernanke will help them pay for their healthcare takeover. All involved are evil and, God willing, they will all rot in hell right next to Madoff.

[FZ99]

I dig your site, but Celente is a crackpot not worth anyone's time. The man speaks only in inexactitudes. He's part and parcel of the Palin intellectual taxonomy. I vote More Schiff !

[DailyBail]

i actually agree with you about celente...it's only the 2nd time I have posted him...still his message here is decent...

[GobiasBestFriend]

DB...you should post this...

http://politiken.dk/newsinenglish/article868683.ece

EDITORIAL: Obama greater than Jesus

Yes, the Danes have gone mad. They still have high hopes for Barry, the ones that Oprah and 99.997% of the rest of the black people in the great USA used to have prior to Barry's first year of failures. I just found the article funny and worth a reading.

DB, the irony will be lost on you but some of your readers may enjoy it.

[RecoverylessRecovery]

"I dig your site, but Celente is a crackpot not worth anyone's time. The man speaks only in inexactitudes. He's part and parcel of the Palin intellectual taxonomy. I vote More Schiff ! "

I respectfully disagree about Celente being a crackpot. He's got an *excellent* track record in forecasting significant social, economic and life-style events, shifts & changes.

The only problem with Celente is perhaps his delivery style. He doesn't sugar-coat the pill and he's also not really a professionally-polished public speaker, so understandably to many he may seem to be slightly rough around the edges or unrefined. But as a fellow NY'er tho I happen to 'get' & appreciate his caustic bluntness. And his beautiful, snearing Bronx accent only makes the information he's sharing with us seem even more menacing.

As far as comparing Celente to Schiff, I'd say they're both basically on the same page, except Peter is the much more polished, West-Coast-style type of spokesperson and thus much easier to sell. I say God Bless! to BOTH of them!

[Ken]

America Rising: An Open Letter to Democrat Politicians
http://www.youtube.com/watch?v=HiyqvuTxaEs&feature=player_embedded
The DP is proof that the grassroots support for Ron Paul and his peaceful message of individual liberty is large, real, and not going away!

LIBERTY .....fight against Tyranny

Founding Fathers Spirit awakening underway.........Dr. Ron Paul is our Modern day Thomos Jefferson

[Ken]

YEMEN: Connect the Dots...
From rageunderground on YouTube

Lets take a look at various news reports from multiple media regarding the Yemen conflict, the Detroit underwear bomber, and the links between the U.S. CIA, Iran and Israel.

Connect the dots...
http://www.youtube.com/watch?v=-2JIHmnd6XY&feature=player_embedded


TERROR! AL-CIA-DUH! WAR! MUST BOMB! REPEAT ,REPEAT REPEAT!!!

"For how could the fear, the hatred, and the lunatic credulity which the Party needed in its members be kept at the right pitch, except by bottling down some powerful instinct and using it as a driving force? ~Orwell 1984

THE CALCULUS OF FEAR: Fear and War is a Profitable Economy by Maximilian Forte

When fear is distributed by the mass media, managed and promoted by the state, even with calibrations of fear that assign specific values to different threats (the colour coding of threat levels in the U.S.), with armies of taxpayers called upon to pay ever more for more “security”, when they have less real income than before, supposedly with the aim of prolonging their lives against “the terrorist threat”, then one has to talk about fear as something that is calculated, controlled, and controlling. It has an economy, a symbolic system, assigned messengers, an armed apparatus, and a routinized discourse. It is not genuine fear–genuine fear is spontaneous, emotional, it goes as quickly as it comes, it cannot be articulated. The fear of terrorism is instead a managed fear, orchestrated by authority, invested with power in the defense of power.
http://www.dailypaul.com/node/106768

Evidence Mounts for US Complicity in Terrorism re: The Lap Bomber!
http://www.dailypaul.com/node/120167

IS ISRAEL CONTROLLING PHONY TERROR NEWS?
*Question: Who is Rita Katz and what is the Director of Site Intelligence?
*Answer: Director of Site Intelligence, primary source for intelligence used by news services, Homeland Security, the FBI and CIA. What is her qualification? She served in the Israeli Defense Force. She has a college degree and most investigative journalists believe the Mossad "helps" her with her information. We find no evidence of any qualification whatsoever of any kind. A bartender has more intelligence gathering experience.
http://www.veteranstoday.com/modules.php?name=News&file=arti...

Congress Invested in Defense Contracts
The nonpartisan Center for Responsive Politics has calculated that more than 151 members of Congress have up to $195 million invested in major defense contractors that are earning profits from the US military occupations in Iraq and Afghanistan
http://www.projectcensored.org/top-stories/articles/14-congr...

* Orwell is rolling in his grave! They are trying to get us to believe 2+2=5!!
Sincerely,
A pissed off and determined hold out for 2+2=4!
—

"I think we are living in a world of lies: lies that don't even know they are lies, because they are the children and grandchildren of lies." ~ Chris Floyd

[Ken]

Warning to Americans: Trust not in Republicans

It is pure madness to imagine that Republicans, who are the co-architects of the present financial system, are capable of successfully reforming it. Indeed, they have shown absolutely no signs of being willing to do anything but defend it. And it is highly unlikely that the system can be reformed, anyhow. It will almost surely have to be replaced in much the same way that an old building needs to be torn down before a new one can be erected. The only significant question facing the American people is if the present system is demolished in a prudent and controlled manner, as Ron Paul has suggested, or if it is artificially propped up until it finally collapses under the weight of its structural flaws.

America appears to be rapidly approaching a post-partisan crisis that will pit Wall Street, the government bureaucracies and the political elite of both the Republican and the Democratic parties against a large majority of Americans that includes everyone from the Kossacks of the left to the Mises Institute on the right. The Republican Party is not the answer. It cannot be, because it is a significant part of the problem.

http://www.wnd.com/index.php?pageId=120840

[GobiasBestFriend]

Tell us more Ken. Great post.

[Ken]

GobiasBestFriend
What happened to DB folks?

Is USA bamboozled generation sooooooooooooooo coward ?no Revolt yet?

what else you want to know?

A crystal clear Ponzi scam Banking ALQAEDA Terrorists have now total control over USA Republic and are injecting shear pain up working class ass but seems Bamboolzed Generation loves Porno Terror Pain up their kazoo
http://www.pushhamburger.com

[GobiasBestFriend]

Obama is revolting, isn't that enough.

[Ken]

Obama is revolting, isn't that enough.
????????????????????

LOL

Revolting for what and for whom?

nhabitants of the real economy are dependent on the financial economy to borrow money. But their overwhelming reliance on Wall Street is a relatively recent phenomenon. Back when middle-class Americans earned enough to be able to save more of their incomes, they borrowed from one another, largely through local and regional banks. Small businesses also did.

It's easy to understand economic policymakers being seduced by the great flows of wealth created among Wall Streeters, from whom they invariably seek advice. One of the basic assumptions of capitalism is that anyone paid huge sums of money must be very smart.

But if 2009 has proved anything, it's that the bailout of Wall Street didn't trickle down to Main Street. Mortgage delinquencies continue to rise. Small businesses can't get credit. And people everywhere, it seems, are worried about losing their jobs. Wall Street is the only place where money is flowing and pay is escalating. Top executives and traders on the Street will soon be splitting about $25 billion in bonuses (despite Goldman Sachs' decision, made with an eye toward public relations, to defer bonuses for its 30 top players).

The real locus of the problem was never the financial economy to begin with, and the bailout of Wall Street was a sideshow. The real problem was on Main Street, in the real economy. Before the crash, much of America had fallen deeply into unsustainable debt because it had no other way to maintain its standard of living. That's because for so many years almost all the gains of economic growth had been going to a relatively small number of people at the top.

President Obama and his economic team have been telling Americans we'll have to save more in future years, spend less and borrow less from the rest of the world, especially from China. This is necessary and inevitable, they say, in order to "rebalance" global financial flows. China has saved too much and consumed too little, while we have done the reverse.

In truth, most Americans did not spend too much in recent years, relative to the increasing size of the overall American economy. They spent too much only in relation to their declining portion of its gains. Had their portion kept up -- had the people at the top of corporate America, Wall Street banks and hedge funds not taken a disproportionate share -- most Americans would not have felt the necessity to borrow so much.

The year 2009 will be remembered as the year when Main Street got hit hard. Don't expect 2010 to be much better -- that is, if you live in the real economy. The administration is telling Americans that jobs will return next year, and we'll be in a recovery. I hope they're right. But I doubt it. Too many Americans have lost their jobs, incomes, homes and savings. That means most of us won't have the purchasing power to buy nearly all the goods and services the economy is capable of producing. And without enough demand, the economy can't get out of the doldrums.

As long as income and wealth keep concentrating at the top, and the great divide between America's have-mores and have-lesses continues to widen, the Great Recession won't end -- at least not in the real economy. Depression unfolds next...............