Is another American revolution approaching?
Triple warnings suggest that a new revolution is revving up.
I spotted the first indication that a totally new world is in the making when I received the GEAB 20/20 report, the Global Europe Anticipation Bulletin, published in German, French, Spanish and English. Annual subscription cost: 200 Euro for 16 issues.
Its August 14 publication warns that later this year China will have completed its dollar switch, just as three disastrous waves hit the American economy: massive unemployment, serial failures in banking, housing and commercial real estate, and a terminal crisis in American bonds and securities. China’s transfer of its $2 trillion of US dollar holdings into hard assets in the form of oil, gold, copper, coal, iron ore and other commodities, together with the companies that mine them – losing $500 billion in the process – will signal the collapse of the greenback and the end of Empire America.
The second warning came that same week from within the United States, where the Trends Research Institute believes that the momentum of the “Second American Revolution” has become unstoppable. Gerald Celente, the head of the Trends Research Institute, the major trend-forecasting agency in the world, wrote already in May of 2009 that the “bailout” would become a bubble.” Celente’s forecasts are not to be taken lightly, as he accurately predicted the 1987 stock market crash, the fall of the Soviet Union, the 1998 Russian economic collapse, the 1997 East Asian economic crisis, the 2000 Dot-Com bubble burst, the 2001 recession, the start of a recession in 2007 and the housing market collapse of 2008, among other things. More about this later.
The third alarm also originated in the USA, coming from Paul B. Farrell, the principal of Market Watch. He wrote in his August publication, “Expect a major house-cleaning, a second American Revolution. We predicted the “Great Depression 2″ around 2012. Well, we doubt taxpayers will passively sit one more time, like in the 1930s, in 2000, and the past few years. Next time voters will take a page from the history books about past revolutions in the American Colonies, France and Russia. A perfect storm will erupt in a massive global credit meltdown, bringing down Wall Street and the clandestine $670 trillion shadow central banking system. And the collateral damage will be massive and widespread.”
We simply will not see a return to ‘normal’ conditions, for the plain reason that they really were ‘abnormal,’ fueled by cheap money and cheap fuel. Many U.S. households now need a long spell in which to reduce debt, increase savings and become used to a lower standard of living. This will cause a permanent slowdown in consumer spending, and, since the American economic health depends for 70 percent on consumer spending, it’s mathematically impossible for its economy to bounce back, especially as household wealth has slipped $14 trillion since the crisis began, while home equity has dropped to 41% (a new low) and joblessness is on the rise. Deutsche Bank AG predicts that by 2011 48 percent of all homeowners with a mortgage will be underwater, which will add to the already high level of public anger. As homeowner equity deteriorates and jobs disappear, banks will further tighten credit and foreclosures will keep on skyrocketing, adding to the pain, especially as homes are seen as castles and jobs represent status in life. To lose these symbols strike at the very core of the American ideal, will shatter consumer confidence beyond repair, and add to growing despair.
Based on these projections, the Trends Research Institute concludes that another American revolution is in the making. The prodding by the Republican operatives and the fomenting by Fox news and right-wing radio show hosts are somewhat to blame, but that’s just the tip of the iceberg of public discontent, which it sees as clearly real and un-staged.
This aggravation has been exacerbated by a series of gigantic, unpopular, tax-payer-financed, government-imposed bailouts, buyouts and rescue- and stimulus packages, aimed at Wall Street, where bankers are pocketing millions, while John and Jane Doe must do with less pay, overdue accounts and fewer jobs. With no public platform to voice their opposition, their options have been limited to fruitless petitions, e-mails and phone calls to Congress … all fielded by anonymous staff underlings.
Now, with Congress in recess and the elected representatives back at their home base, face-to face with the voters, public reaction is exploding. The devil is not in the details of the health care reform, the devil is in everything the government is doing. Regardless of how plans are pitched or what is being promised, to the public all this Washington stuff is yet another example of big government taking a piece out of their leveraged-to-the-hill lives and making them pay for it; again telling them what they can or cannot do.
Though in its early stages, the “Second American Revolution” is underway. Says the Trends Research Institute report, “this will become the most profound political trend of the century, the trend that will change the world, a trend still invisible to the same economists who didn’t see the financial crisis coming until the bottom fell out of the economy, something I had warned against for years.” Even the Queen wondered why the money melt-down was not foreseen by the economists. No wonder that predictions by economists today are taken with a ton of salt. Instead of lawyers, economists are the butt of jokes nowadays. Here is one: “A man walked into a bar holding an alligator. He asked the bartender, ‘Do you serves economists here?’ The bartender said, ‘Yes we do.’ ‘Good,’ replied the man, ‘Give me a beer, and I’ll have an economist for my alligator.'” Today these same economists see green shoots everywhere: according to their projections Germany, France and even Japan are no longer in recession. Let’s have a reality check. Remember the parable Jesus spoke about the farmer who went out to sow and some seed fell on rocky ground, where ‘green shoots’ shot up, but soon withered? That’s what we are seeing now with the recession in a brief remission, thanks to massive government bail-outs – read taxes for the next generation.
There are already some ominous stirring among the American folk.
The Southern Poverty Law Center (SPLC) reports the “Return of the Militias”.
You might recall how in the 1990’s the Oklahoma City bombing, which killed 168 people, was the work of such a group. With the election to President of George Bush this movement faded away, but now, with another Democrat in the White House, and a black one at that, a second wave of secret warriors is in the works, augmented by the even larger antigovernment “Patriot” fraternity.
Example 1, as reported by the SPLC.
“In Pensacola, Florida, retired FBI agent Ted Gunderson tells a gathering of antigovernment “Patriots” that the federal government has set up 1,000 internment camps across the country and is storing 30,000 guillotines and half-million caskets in Atlanta. They are there for the day the government finally declares martial law and moves in to round up or kill American dissenters, he says. ‘They’re going to keep track of all of us, folks,’ Gunderson warns.”
Example 2.
“On a site in Lexington, Mass., where the opening shots of the Revolutionary War were fired in 1775, members of Oath Keepers, a newly formed group of law enforcement officers, military men and veterans, ‘muster’ on April 19 to reaffirm their pledge to defend the U.S. Constitution. ‘We’re in perilous times…. Perhaps more perilous than in 1775,’ says the man administering the oath.
America is angry. It is seething. Not since the Civil War has anything like this happened. First there were over 700 anti-tax rallies and “Tea Parties” nationwide, mostly ignored or ridiculed by the general media. Then, on the Fourth of July throngs of citizens across the USA gathered to protest “taxation without representation,” and once again, the demonstrations were branded right-wing mischief and dismissed as irrelevant. Then, in early August, the third volley, aimed point blank at Senators and House members who were pitching President Obama’s health care reform package to constituents. In fiery town hall meetings – now often called ‘hell’ meetings -, enraged citizens shouted down their elected representatives. It took a strong police presence and/or no nonsense bodyguards to preserve a safe physical space between the politicians and furious townspeople.
All signs point not only to an economic Depression but a total all-encompassing Revolution, made worse by global warming, peak oil, and millions of heavily armed angry Americans, blaming the State for their ills.
We know that cheap money, easy credit and unrestrained borrowing brought on an economic crisis that cannot be cured by measures that promote more cheap money, more easy credit and more unrestrained borrowing, which will only worsen the situation and cause protests to speed up and riots to roil the American nation.
While there are many wild cards that could ignite the insurrection, The Trends Research Institute forecasts that if the threat of government-forced Swine Flu vaccinations is realized, it could be the final fuse. Tens of millions will fight for their right to remain free and unvaccinated.
What is certain is that we live in new times, because many of our self-inflicted problems are now beyond remedy: America will never be able to cover its current outstanding debts, as they effectively are finished at all three levels: household, corporate, and government.
These new times have also spawned the Internet and other technologies which will spur on the “Second American Revolution,” aided by the ubiquitous camera-equipped cell phone, universal access to YouTube, and millions of twitters and tweets, all of which will give wide-spread publicity to the uprisings, which cannot be ignored, contained, managed, spun or edited down. The revolutionary fervor will prove contagious.
Can anything stop the coming revolution?
The White House people are praying for an act of God in the form of a potent pandemic or a Class 7 mega hurricane hitting New York City: then the blame can be shifted to You Know Who. If all else fails, the administration will start a new war. Indeed, there are enough Black Swans crowding the skies these days to blot out the sun.
The continuous question for Christians remains “how to work out our salvation with fear and trembling,” (Philippians 2:12). For today this might mean how to live in awe and admiration for God’s creation, fully realizing that we constantly harm the cosmos God loved so much that it took the life of his only Son to ‘redeem’ it. If slashing Rembrandt’s ‘Nachtwacht” dishonors the name of this great master, then willfully polluting creation dishonors God’s name. It seems to me that expressing our love for God is done most effectively when we show love for His creation. Perhaps a new definition of ‘sin’ is in order.
Triple warnings suggest that a societal insurrection is looming, which will only be beneficial if preceded by a personal one as the word ‘conversion’ – metanoia – implies a ‘revolution’ on the human level.
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