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Gerald Celente: 'Revolutions on Wall Street'

Published time: October 19, 2011 22:13
Edited time: October 20, 2011 02:13

United States, New York: Members of the Occupy Wall Street community join Teamsters in front of the auction house Sotheby's to protest the lockout of union art handlers in a contract dispute on October 18, 2011 in New York City. (AFP Photo / Spencer Platt)

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With Americans displaying anger with the country in alarming numbers — and protests a part of the Occupy Wall Street movement only getting bigger — are corporations really to blame for the country’s current economic condition?

Gerald Celente of the Trends Research Center says that it’s no surprise that Americans are angry with both politicians and the bigwigs in banks. “Wall Street is Washington; Washington is Wall Street,” Celetnte told RT. “Who is the chief of staff of President Obama? Oh, that’s Bill Daley. Wasn’t he the VP of JP Morgan Chase?” asked Celente.

To the man behind the Trends Journal, he says the similarities between Wall Street and Washington are more than just a coincidence. “It’s the same club, it’s just a different division,” said Celente.

What are Americans so angry about specifically then, asked Celente. According to him, it’s the gap between the rich and the poor, which is only worsening over time. Whether it’s Tunisia, Egypt, Italy, Spain, the UK or America, Celente says the disconnect between the haves and have-nots will always be responsible for massive unrest. “When the money stops flowing down to the man on the street, the blood starts flowing in the streets,” said Celente.

With Republican candidates trying to usurp Barack Obama from his role as commander-in-chief, Celente said that it doesn’t really matter who gets the nod from the GOP. “Why would anybody listen to these people?” he asked. With Wall Street bankers acting as “money junkies” and working in cahoots with Washington, Celente said it is all the same, no matter who is elected. As a result, people across America should be taking the protests to the streets of not just Washington and New York City, but everywhere they can.

In the meantime, however, candidates will have to consider the growing Occupy Wall Street movement as it makes a big impact on the election cycle. Celente called the entire debacle the “presidential reality show,” but added that with Obama currently “the best performer,” a second-term looks most likely.