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Gerald Celente didn’t say it all

Posted on: April 28, 2011

Having pumped money to the banks, large insurance companies, the plunge protection team, to build infrastructure and facilities in China and elsewhere to accept former American jobs, to enhance the war industry, encourage hordes of illegals to arrive and then pay for babies, multilingual crap and their welfare and pay interest on all this…..Now, we are deeply in debt and the once proud dollar is sliding …..the govt. has the audacity to exclaim that the culprit is the American citizen and our need for medicine and old age care……I am going to say it before their Marie Antoinette clones say it to us……this bunch of govt. hoodlums can bite me!

As Gerald Celente has said many times, no single issue which led to the financial crisis has been ever resolved by the Governments , no Bank or their managers were punished in any way , no more stringent requirements were imposed on their dubious activities . On the contrary, with the “bailout” the banks got the signal, they can go merrily on higher risks, because if anything goes wrong, they will always count on the taxpayers money to save them. So the next crisis will come, for sure, but this time, The governments cannot save them, they’re all totally over-indebted.

Thanks to the implicit government guarantee for systemically important banks, the bankers have no incentive to behave responsibly. Instead bringing the bankers to be judged in court and eventually thrown in jail, because of the huge economic damage they have caused, you have given them fun money for the casino and now they gamble even more , to achieve even higher returns. You know it’s wrong.

The spineless politicians are to blame for this situation, . The real power behind the scenes are the financial criminals, with global banks and their buddies in the central banks worldwide. The chairman of the Fed pump billions of dollars into the markets, just so the banks can continue their gambling. This bubble of easy money and money printing will burst soon ,and the dollar will be dead it is just a matter of time , it is all unsustainable.

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