Welcome to the age of rage – riots and revolutions will be the reaction to the next stage of the new world orderPaul Joseph Watson
Tuesday, June 8, 2010
Top historians, social and financial analysts are warning that the draconian austerity measures currently being prepared by governments in the west will cause riots and even revolutions as people react with fury in response to their jobs, savings, basic public services, pensions and welfare money being seized by the financial terrorists who caused the economic collapse in the first place.
British historian Simon Schama is a creature of the establishment and he makes it clear whose side he is on at the end of his recent column for the Bilderberg-controlled Financial Times entitled, The World Teeters on the Brink of a New Age of Rage. However, the fact that he is an elitist at heart only makes Schama’s predications all the more alarming. This is someone on the inside who is painfully aware of the fact that the imminent attempt on behalf of the globalists to enforce so-called “austerity measures” on the people of the west, which in reality is a euphemistic term for the next leg of the new world order, is not just going to cause riots and mass social unrest, but it could even lead to revolution if the elite allow the situation to spiral out of their control.
A Pendulum Swing Toward Austerity, by Tyler Cowen, Commentary , NY Times: “The Road to Serfdom,” the critique of socialism written 65 years ago by ... Friedrich von Hayek, was recently No. 1 in nonfiction sales at Amazon.com. Many people, including ... Glenn Beck, have contended that growth of government power has, indeed, set us on such a road today. But ... the expansionary phase of big government is coming to an end, and quickly.
In the last few years, we have seen ... huge financial bailouts, a $787 billion stimulus plan and legislation for near-universal health insurance coverage. But the policy mood in Washington is now much more modest: no second major stimulus is forthcoming and ... a cap-and-trade system for greenhouse gas emissions is unlikely to move forward. ...
If any financial policy idea is taking a major place on the American and global stages, it is fiscal austerity. ... In the United States, we face rising health care costs and pension problems in state governments, with no clear long-run solution for bringing the books into balance.
Our situation is admittedly dire.
Oligarchs are seizing more overt control in most countries in the world, the worldwide economy is on course for another - even bigger - train wreck, countries are cracking down on freedom and becoming more tyrannical, we are in a permanent state of war (and see this), and companies like BP are destroying our natural resources without any checks and balances.
But as Andrew Gavin Marshall points out, the elites are actually terrified of the mass political awakening which is occurring worldwide.
Federal Reserve chairman Ben Bernanke is waging an epochal battle behind the scenes for control of US monetary policy, struggling to overcome resistance from regional Fed hawks for further possible stimulus to prevent a deflationary spiral.
Fed watchers say Mr Bernanke and his close allies at the Board in Washington are worried by signs that the US recovery is running out of steam. The ECRI leading indicator published by the Economic Cycle Research Institute has collapsed to a 45-week low of -5.7 in the most precipitous slide for half a century. Such a reading typically portends contraction within three months or so.
As recovery starts to stall in the US and Europe with echoes of mid-1931, bond experts are once again dusting off a speech by Ben Bernanke given eight years ago as a freshman governor at the Federal Reserve.
Entitled "Deflation: Making Sure It Doesn’t Happen Here", it is a warfare manual for defeating economic slumps by use of extreme monetary stimulus once interest rates have dropped to zero, and implicitly once governments have spent themselves to near bankruptcy.
The speech is best known for its irreverent one-liner: "The US government has a technology, called a printing press, that allows it to produce as many US dollars as it wishes at essentially no cost."