Changes

Trend forecaster [[Gerald Celente]] predicts that the corrupt economic policies of the Obama administration will lead to a second [[Great Depression|great depression]] that is global in scope (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 "second [[American Revolution]]" (Gerald Celente predicted the [[Tea Party Movement|tax protests]] that are now occurring in America).<ref name="youtube.com">https://www.youtube.com/watch?v=8MMX3SKzrfU&feature=channel_page</ref><ref name="ReferenceA">https://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 are causing massive increases in deficit spending) is only making matters worse and will not prevent the worse economic depression in United States history from occurring.<ref>https://www.youtube.com/watch?v=_C8K7rWkGGw</ref><ref>https://www.youtube.com/watch?v=1LBffdIW0XA&feature=response_watch</ref>  In addition, 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="youtube.com"/><ref name="ReferenceA"/>

Trend forecaster [[Gerald Celente]] predicts that the corrupt economic policies of the Obama administration will lead to a second [[Great Depression|great depression]] that is global in scope (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 "second [[American Revolution]]" (Gerald Celente predicted the [[Tea Party Movement|tax protests]] that are now occurring in America).<ref name="youtube.com">https://www.youtube.com/watch?v=8MMX3SKzrfU&feature=channel_page</ref><ref name="ReferenceA">https://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 are causing massive increases in deficit spending) is only making matters worse and will not prevent the worse economic depression in United States history from occurring.<ref>https://www.youtube.com/watch?v=_C8K7rWkGGw</ref><ref>https://www.youtube.com/watch?v=1LBffdIW0XA&feature=response_watch</ref>  In addition, 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="youtube.com"/><ref name="ReferenceA"/>

===Gerald Celente commentary on Obama's economic policy===

===Gerald Celente commentary on Obama's socialist policy===

In an April 20, 2009 interview with ''Russia Today'', Gerald Celente stated concerning Barack Obama's economic policy:

In an April 20, 2009 interview with ''Russia Today'', Gerald Celente stated concerning Barack Obama's economic policy:

{{cquote|America is going from what used to be the major capitalistic country in the world of free market – a crusader – into what [[Mussolini]] would have called fascism: the merger of state and corporate powers.  So it is not socialism as people believe, it is socialism’s egalitarianism.  It’s not communism where the state controls monopolies – it’s fascism, plain and simple. The merger of corporate and government powers. State-controlled capitalism is called fascism, and fascism has come to America in broad daylight. But they’re feeding them it in little bits and pieces. First [[AIG]] was too big to fail. Mortgage companies [[Fannie Mae]] and [[Freddie Mac]] were too big to fail. Banks too big to fail and auto companies. And now we give money to the people that make the auto parts. And now there’s talk about the technology companies, wanting their piece of the action. The merger of state and government is called fascism. Take it from Mussolini; he knew a thing or two about it.<ref>[https://web.archive.org/web/20090422065521/http://www.lewrockwell.com/orig10/celente2.html  Americans Live in a Fascist State - Russia Today Interviews Gerald Celente]</ref>}}

{{cquote|America is going from what used to be the major capitalistic country in the world of free market – a crusader – into what [[Mussolini]] would have called fascism: the merger of state and corporate powers.  So it is not socialism as people believe, it is socialism’s egalitarianism.  It’s not communism where the state controls monopolies – it’s fascism, plain and simple. The merger of corporate and government powers. State-controlled capitalism is called fascism, and fascism has come to America in broad daylight. But they’re feeding them it in little bits and pieces. First [[AIG]] was too big to fail. Mortgage companies [[Fannie Mae]] and [[Freddie Mac]] were too big to fail. Banks too big to fail and auto companies. And now we give money to the people that make the auto parts. And now there’s talk about the technology companies, wanting their piece of the action. The merger of state and government is called fascism. Take it from Mussolini; he knew a thing or two about it.<ref>[https://web.archive.org/web/20090422065521/http://www.lewrockwell.com/orig10/celente2.html  Americans Live in a Fascist State - Russia Today Interviews Gerald Celente]</ref>}}