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Top trend forecaster [[Gerald Celente]] predicts that the corrupt economic policies of the Obama administration will lead to a second [[Great Depression|great depression]] (Celente predicted the 1987 US stock market crash, the dot.com crash, the US 2008/2009 recession, and the collapse of the USSR in the early 1990s) and may lead to a "second [[American Revolution]]" (Celente predicted the [[Tea Party Movement|tax protests]] that are now occurring in America).<ref name="celente1">http://www.youtube.com/watch?v=8MMX3SKzrfU&feature=channel_page</ref><ref name="celente2">http://www.youtube.com/watch?v=sy9bfw1ebgw&feature=response_watch</ref>  Celente also asserts that the costly and inefficient temporary short term methods that the Obama administration is using to alleviate economic problems in the short term (which is causing massive increases in [[Obama administration deficit spending]]) is only making matters worse and will not prevent the worse economic depression in United States history from occurring.<ref>http://www.youtube.com/watch?v=_C8K7rWkGGw</ref><ref>http://www.youtube.com/watch?v=1LBffdIW0XA&feature=response_watch</ref>   
 
Top trend forecaster [[Gerald Celente]] predicts that the corrupt economic policies of the Obama administration will lead to a second [[Great Depression|great depression]] (Celente predicted the 1987 US stock market crash, the dot.com crash, the US 2008/2009 recession, and the collapse of the USSR in the early 1990s) and may lead to a "second [[American Revolution]]" (Celente predicted the [[Tea Party Movement|tax protests]] that are now occurring in America).<ref name="celente1">http://www.youtube.com/watch?v=8MMX3SKzrfU&feature=channel_page</ref><ref name="celente2">http://www.youtube.com/watch?v=sy9bfw1ebgw&feature=response_watch</ref>  Celente also asserts that the costly and inefficient temporary short term methods that the Obama administration is using to alleviate economic problems in the short term (which is causing massive increases in [[Obama administration deficit spending]]) is only making matters worse and will not prevent the worse economic depression in United States history from occurring.<ref>http://www.youtube.com/watch?v=_C8K7rWkGGw</ref><ref>http://www.youtube.com/watch?v=1LBffdIW0XA&feature=response_watch</ref>   
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The Obama administration has been sharply criticized for [[Obama administration deficit spending|its massive deficit spending]] and [[Obama administration monetary policy|its reckless monetary policy]] via vast increases in the [[money supply]].<ref name="gerard"/><ref name="bam"/><ref>http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/</ref> Celente predicts that if a "second American Revolution" occurs in a peaceful and productive manner, it may include a [[Third Party System|third party movement]] of governance that will advocate a more [[free market]] [[capitalism]] approach to the American economy and a more strict interpretation of the [[United States Constitution|United States constitution]] as far as the authors' [[original intent]].<ref name="celente1"/><ref name="celente2"/>
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The Obama administration has been sharply criticized for [[Obama administration deficit spending|its massive deficit spending]] and [[Obama administration monetary policy|its reckless monetary policy]] via vast increases in the [[money supply]], although inflation under Bernanke has been below the historic mean.<ref name="gerard"/><ref name="bam"/><ref>http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/</ref> Celente predicts that if a "second American Revolution" occurs in a peaceful and productive manner, it may include a [[Third Party System|third party movement]] of governance that will advocate a more [[free market]] [[capitalism]] approach to the American economy and a more strict interpretation of the [[United States Constitution|United States constitution]] as far as the authors' [[original intent]].<ref name="celente1"/><ref name="celente2"/>
    
During what the [[White House]] billed as [[Recovery Summer]], one half million workers per week continued losing their jobs. His signature legislative achievement, [[ObamaCare]],has been found to be [[unconstitutional]]<ref>http://www.bloomberg.com/news/2010-12-13/u-s-health-care-law-requirement-thrown-out-by-judge.html</ref> by several judges and constitutional by others, and is credited as a major cause of uncertainty, high [[unemployment]],<ref>http://www.humanevents.com/article.php?id=33220</ref> lagging job creation,<ref>http://blog.heritage.org/2010/08/05/it%E2%80%99s-official-medicare%E2%80%99s-finances-shadowed-by-uncertainty/</ref> and risk of a credit default crisis.<ref>http://www.washingtonpost.com/wp-dyn/content/article/2010/03/28/AR2010032802353.html</ref><ref>http://www.thestreet.com/story/10703361/cramer-obamacare-will-topple-the-market.html</ref>  
 
During what the [[White House]] billed as [[Recovery Summer]], one half million workers per week continued losing their jobs. His signature legislative achievement, [[ObamaCare]],has been found to be [[unconstitutional]]<ref>http://www.bloomberg.com/news/2010-12-13/u-s-health-care-law-requirement-thrown-out-by-judge.html</ref> by several judges and constitutional by others, and is credited as a major cause of uncertainty, high [[unemployment]],<ref>http://www.humanevents.com/article.php?id=33220</ref> lagging job creation,<ref>http://blog.heritage.org/2010/08/05/it%E2%80%99s-official-medicare%E2%80%99s-finances-shadowed-by-uncertainty/</ref> and risk of a credit default crisis.<ref>http://www.washingtonpost.com/wp-dyn/content/article/2010/03/28/AR2010032802353.html</ref><ref>http://www.thestreet.com/story/10703361/cramer-obamacare-will-topple-the-market.html</ref>  
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=====Healthcare=====
 
=====Healthcare=====
 
{{main article|Obamacare}}
 
{{main article|Obamacare}}
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On March 23, 2010, Obama signed the Patient Protection and Affordable Care Act (PPACA). The act had originated in the House of Representatives and passed September 17, 2009. The act was amended and passed the Senate prior to [[Democrat]] [[Ted Kennedy]]'s passing along party lines - just a filibuster-proof majority at 60-39. In a de facto rejection of the bill, [[Massachusetts]] voters elected a [[Republican]] candidate, [[Scott Brown]], who promised to vote against the bill,<ref>{{cite web|url=http://voices.washingtonpost.com/thefix/senate/scott-brown-wins-massachusetts-senate-race.html|work=The Washington Post|author=Chris Cillizza|date=January 19, 2010|title=Scott Brown wins Massachusetts Senate special election race|language=English|format=HTML}}</ref> but another Senate vote would not occur. After Obama made a promise to issue an [[executive order]] that would ultimately prohibit the use of taxpayer subsidies to pay for [[abortion]] services,<ref>{{cite web|url=http://articles.latimes.com/2010/mar/22/nation/la-na-healthcare-passage22-2010mar22/3|work=The Los Angeles Times|format=HTML|language=English|title=House passes historic healthcare overhaul|date=March 22, 2010|author=Noam N. Levey and Janet Hook}}</ref> the [[House of Representatives]] would pass the bill as it left the Senate 219-212, with 34 Democrats and all other parties dissenting.<ref>{{cite web|url=http://articles.cnn.com/2010-03-21/politics/health.care.main_1_health-care-entire-house-democratic-caucus-pre-existing-conditions?_s=PM:POLITICS|date=March 21, 2010|author=Alan Silverleib|work=CNN|format=HTML|language=English|title=House passes health care bill on 219-212 vote}}</ref>
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On March 23, 2010, Obama signed the Patient Protection and Affordable Care Act (PPACA). The act had originated in the House of Representatives and passed September 17, 2009. The act was amended and passed the Senate prior to [[Democrat]] [[Ted Kennedy]]'s passing along party lines - just a filibuster-proof majority at 60-39. In what can be construed as a de facto rejection of the bill, [[Massachusetts]] voters elected a [[Republican]] candidate, [[Scott Brown]], who promised to vote against the bill,<ref>{{cite web|url=http://voices.washingtonpost.com/thefix/senate/scott-brown-wins-massachusetts-senate-race.html|work=The Washington Post|author=Chris Cillizza|date=January 19, 2010|title=Scott Brown wins Massachusetts Senate special election race|language=English|format=HTML}}</ref> but another Senate vote would not occur. Scott Brown was also an excellent campaigner and judged to be a better candidate than his rival, Martha Coakley.  He has since achieved one of the most moderate senate voting records, likely to avoid the anger of his mostly liberal constituency.  After Obama made a promise to issue an [[executive order]] that would ultimately prohibit the use of taxpayer subsidies to pay for [[abortion]] services,<ref>{{cite web|url=http://articles.latimes.com/2010/mar/22/nation/la-na-healthcare-passage22-2010mar22/3|work=The Los Angeles Times|format=HTML|language=English|title=House passes historic healthcare overhaul|date=March 22, 2010|author=Noam N. Levey and Janet Hook}}</ref> the [[House of Representatives]] would pass the bill as it left the Senate 219-212, with 34 Democrats and all other parties dissenting.<ref>{{cite web|url=http://articles.cnn.com/2010-03-21/politics/health.care.main_1_health-care-entire-house-democratic-caucus-pre-existing-conditions?_s=PM:POLITICS|date=March 21, 2010|author=Alan Silverleib|work=CNN|format=HTML|language=English|title=House passes health care bill on 219-212 vote}}</ref>
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Amongst other things, the act mandates that the population purchase health care coverage or face punitive tax measures, and on this basis has been constitutionally challenged in the federal courts, with mixed results (three courts have upheld the act, two have declared it unconstitutional); thus, the Act is likely destined for [[Supreme Court]] reviewal.
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Amongst other things, the act mandates that the population purchase health care coverage or face punitive tax measures, and on this basis has been constitutionally challenged in the federal courts, with mixed results (three courts have upheld the act, two have declared it unconstitutional); thus, the Act is likely destined for [[Supreme Court]] reviewal.  Plans originally proposed involved instituting a universal public insurance program, that is, extending Medicare to everyone.  The universal mandate included in the act was originally a conservative idea that was enacted in Massachusetts under Republican Mitt Romney.  Its supporters note that having health insurance results in reduced costs in paying for treatment of uninsured and forcing people to take responsibility for their healthcare.  Due to ethical constraints, doctors cannot deny care to poor patients, resulting in the hospital and the healthcare system at large bearing the cost.
    
====Gulf oil spill====
 
====Gulf oil spill====
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