1776 Redux in America

American trendcaster Gerald Celente recently told Fox News that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.

His accuracy is widely heralded since he correctly predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar.

In 2007, Celente forewarned that “giants (would) tumble to their deaths,” which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others.

He has stated that the current financial downturn will ultimately lead to nothing less than revolution. There will be a revolution in this country,” he said. “It’s not going to come yet, but it’s going to come down the line and we’re going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen.”

The Wall Street Banksters and Washington Crime Families in their greed have junked the Conservative founding values of America. Through in-your-face ripoffs and bailouts - paid with "fiat" money (unchecked printing of dollars by the Federal Reserve), the Banksters and their Crime Family allies in Washington in effect have engaged in "taxation without representation."

History tells us what happened in 1776 when "taxation without representation" occurred in America. But that was in a time before rap music. Perhaps the descendants of 1776 are not completely decadent - yet, and it could be 1776 redux.

This time the "taxation without representation" will take the form of virulent hyperinflation of prices because of the rampant printing of fake money to cover bailouts and ripoffs at the top by Wall Street Banksters and Washington Crime Families. At the same time, wages are falling because of systematic outsourcing of the American economy. Prices skyrocket; wages plummet.

Economic systems are not the result of natural phenomena like rain forests. They are man-made, the result of political decisions and related governmental policies. This is why the early 18th-century economists called their discipline "political economy." History is about to repeat because the greedy elites in America have ignored the "lessons of history."

In their greed, they have dismissed the central importance of the "Permanent Things" in human affairs. Economic terrorism on the present scale in America can only reap a whirlwind - again.

The Magna Carta of 1215 A.D., established the principle of "no taxation without representation" in our Anglo-American heritage. It was in response to endless, mindless royal warfare in France, which history knows as the Hundred Years War. American colonists restated the Magna Carta of 1215 A.D. in 1776 A.D. Gerald Celente predicts a similar "turn of the wheel" in 2012 A.D.

As my late, beloved uncle Erwin would say, "same tune, second verse Conservatives believe in limits. The late Russell Kirk pointed out this difference between the Conservative and Radical mindsets. Conservatives believe in limits in human affairs and behaviors. Radicals believe in tearing down limits, whether they are economic, sexual, political, drug use, food, etc.

Greed is a radical mindset. It ignores limits to a just, fair, balanced return on investments of time, talent, treasure, etc. Profits at any cost can only result in disaster, which is coming again.

We are going to relearn the "Permanent Things" (Conservative values) - in the "school of hard knocks," where fools prefer to learn, if they can. You cannot save a fool from his/her foolishness.

It seems, sadly, every generation must relearn the basic, universal, Conservative lessons of previous generations - the old-fashioned way, the good-and-hard way.