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Everything Washington Touches by Gerald Celente

by Gerald Celente

Previously by Gerald Celente: Everything Washington Touches

We warned it would happen and it happened as we warned. "Off with their heads! Off with their heads!" chanted the angry mob as they attacked the Royal Rolls Royce carrying Prince Charles and his wife Camilla. "Off With Their Heads 2.0" read the headline of our Autumn Trends Journal predicting the outpouring of outrage that would accompany the harsh austerity measures inflicted upon the general public, while governments doled out generous bailouts and rescue packages for bankers and financiers.

Since the onset of the Greatest Recession, I've been informing readers to expect uncontrolled unrest that would roil markets and destabilize governments. When people lose everything and they have nothing left to lose, they lose it. And the spontaneous attack on the Royal couple was the first salvo in what promises to be a long war between the people and the ruling classes. Anyone questioning the intensity of the people's seething anger is either out of touch or in denial. This was the worst show of violence directed towards the Royals since the days of Irish/English hostilities.

In this case, the Royals offered a convenient symbolic target for the young protestors, a new generation that has come face-to-face with a future of downward mobility. It wasn't only that they would have to pay three times the tuition for a degree that no longer guaranteed them a decent job, it was rage against the machine - a rigged system that paved the way for the privileged and punished the prols. I have also predicted that all the Kings and Queens of Commerce - along with Presidents, Prime Ministers, top level bureaucrats and elected officials - will soon be hearing the same chant of "Off with their heads!" While the public was being punished with austerity measures, the "too big to fail" bankers, hedge fund hustlers, and Wall Street high rollers, blamed for creating conditions necessitating austerity by making the biggest, most crooked and worst of financial gambles - were rewarded with a king's ransom.

The media has not connected the dots: a new class warfare has begun. The attack upon the Royals exemplified the pent-up hatred building among a population that can no longer be cajoled into believing sacrifices to further enrich the über-rich are in the best interest of their nation.

At the onset of the Great Recession, many bought the argument that if the biggest banks and businesses were not bailed out, the entire financial system would collapse. Now faced with the irrefutable evidence of record corporate profits, billions in bonuses and bailout windfalls, the people will no longer grin and bear it. As economic conditions continue to deteriorate in Europe and the U.S., the uprisings will grow larger, more frequent, more organized, and more ferocious. In response, government crackdowns will be harsher and more violent. As the New Year unfolds, the stage is set for incendiary acts that will be committed by one side or the other, escalating the conflict into prolonged battles.

Governments will declare that hooligans, anarchists, militants, and foreign agents are responsible for the unrest, and the press will swear to it. What will be painted as assaults on capitalism and the free enterprise system could more accurately be described as acts of self-defense; a battle between the growing number of "have nots" vs. the "haves" that keep taking even more than they had before, through the government and the Fed.

December 15, 2010

Gerald Celente is founder and director of The Trends Research Institute, author of Trends 2000 and Trend Tracking (Warner Books), and publisher of The Trends Journal. He has been forecasting trends since 1980, and recently called "The Collapse of '09."
 

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performing monkey
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maybe they're p!$$3d because they can no longer be a nation of Andy Capps :rolleyes:

the days of bread and circuses are over, now come the days of: nothing, and you'll like it :eek:
 

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YourAdministrator, eh?
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That article you posted is being posted in almost the same words here in Calgary in today's newspaper ..

CalgarySun said:
Enmax inside workers say they're being asked by their employer to accept a negligible pay raise to help the company's top brass score hefty bonuses.

The city-owned power company and its 500 inside staffers have been in negotiations with Enmax offering an under 0.75% pay hike for each of the next two years, say officials with CUPE Local 38.

In a CUPE December newsletter, the union states "the final straw was that Enmax needed to keep our wages down so the earnings before interest, tax, depreciation and amortization would be sufficient to provide bonuses to all Enmax staff."

Union president Peter Marsden said that's meant to mainly benefit company executives like CEO Gary Holden, whose 2009 compensation totalling $2.7 million - which included a $1.8 million "pay project award" - has stirred controversy.

"There obviously seems to be lots of gravy for the fat cats but not much for the minions," said Marsden.

The union head said he's surprised at the company's stance given the bad optics of ballooning executive pay and rock star parties held at Holden's home.

Marsden said the union's also been told that workers will have to sacrifice salary hikes to pay for a new software billing system.

Enmax officials have defended executives' compensation by arguing the solid growth and revenues of the company warrant such reward.

On Dec. 1, Holden addressed Enmax workers to emphasize the company's dramatic advances that have seen profits climb from $116.7 million in 2005 to $205.9 million last year.

Marsden said Holden's leadership has shown results but that the rank-and-files' role in that is being ignored.

"They're saying the employees don't get to share in that gangbuster success," he said.

Enmax, said Marsden, has offered its electrical workers a 3% pay hike that's consistent with the power industry.

It's what his members deserve, particularly after they won an industry award for their performance in call centre problem-solving, said Marsden.

Enmax refused to comment on the story.

The union, said Marsden, has already voiced its displeasure with the Enmax offer on a new contract for the current one that expires Dec. 31.

Both sides likely won't get back to the bargaining until the New Year, he said.
Enmax union pans slim pay hike pitch | Calgary & Alberta | News | Calgary Sun

The worker bees are being asked nicely to only accept a small raise so that the queen-bee can get more into their pocket. Personally, I think it should be the other way around with the queen-bee saying that everyone did such a good job that they give up their huge bonus and share it with everyone else .. .
 

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It's about time the Brits (and us Yanks too!) grow a set of kahunies. The Brits have handed over virtually all of their freedoms to a malevolent, corpulent and extremely intrusive nany-state government. The only problem is, most of those who are protesting and rioting seem to be from the gimme gimme socialist crowd.

We, here in America, can only hope that when the population finally says "ENOUGH!", the push or shove -- or whatever it takes -- will be toward less govt and fewer freebies.
 
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