Bigger Than bin Laden – America’s New Public Enemy No.1
by Gerald Celente
Recently
by Gerald Celente: The
1st Great War of the 21st Century Has Begun
From the fans
at Citizens Bank Park in Philadelphia to the mobs at the White House
gates, USA, USA, was the chant heard across the nation.
Jubilant Americans celebrated the breaking news that Public Enemy
No.1, terrorist mastermind Osama bin Laden was dead.
Ten years have
passed since the Twin Towers toppled and the Pentagon was whacked.
After two failing wars and billions of dollars spent on the global
manhunt to bring in Bin Laden Dead or Alive, America
has now claimed victory. This is bigger than the moon landing,
this is huge, exclaimed Fox News Geraldo Rivera.
Justice
has been done, intoned President Barack Obama announcing Bin
Ladens death. He not only called it a good day for America,
but also declared that The world is safer. It is a better
place because of the death of Osama Bin Laden.
While Secretary
of State Hillary Clinton echoed the sentiment that justice
has been served, she evidently took issue with the Presidential
vision of a safer world, warning that terror wont
stop with the death of Bin Laden, we must redouble our efforts.
If its
a safer world, why the need to redouble our efforts?
These were but two of the contradictions coming from the White House
in the early hours of the breaking story, and many discrepancies
would follow. Some of them would be noted and debated, but totally
absent from the 24/7 news coverage, political high-fives
and patriotic triumphalism was the simple question: Why did Osama
Bin Laden, former mujahedin ally of the United States, turn against
it to become Public Enemy No.1?
Was it that
he and his Al Qaeda fighters suddenly decided to hate Americas
freedom and liberties as George W. Bush maintained?
Or was it remotely possible that the attacks were motivated by US
foreign policy with its unconditional support of Israel and
concomitant support of the same Middle East monarchs, autocrats
and dictators now being toppled in the wave of revolution?
Also absent
from Americas non-stop exultation and self-congratulation,
absent from the acres of newsprint and the countless hours of air
time, was any discussion of the practical consequences of the death
of Bin Laden who, before making it back into the headlines, had
been both a fading memory and a non-issue.
Osama Bin
Who?
So irrelevant
had Bin Laden and his jihad rhetoric become that, in the months
preceding his assassination, every one of the uprisings occurring
throughout the Middle East and North Africa was secular and in direct
opposition to Bin Ladens militant pan-Islamic vision.
In a sentence:
There were no practical consequences whatsoever attending the death
of Osama Bin Laden. It would do nothing to:
- Help America
win losing wars in Afghanistan and Iraq.
- Lower the
unemployment rate.
- Stop the
US or European nations from sinking deeper into recessions and
depression.
- Revive failing
real estate markets or solve the debt and deficit crises.
- Lower oil
and food prices.
- Reverse
the damage or stop the radioactive fallout from Fukushima.
What Osamas
death did do was boost the Presidents sagging poll numbers
and deflect public attention from the news that really mattered.
On Wednesday,
April 27th, just four days before Bin Laden was killed, a new Public
Enemy No.1 held his organizations first ever press conference.
Federal Reserve Chairman Ben Bernanke told the world that the United
States would continue its low interest rate polices and, in effect,
continue to flood the world with cheap money.
The global
equity markets immediately responded to the predictably destructive
consequences. Before Bernanke ended the press conference, gold prices
shot up $20 an ounce, silver $2, and the dollar fell to a 3 year
low against a trade-weighted basket of currencies. Despite the Chairmans
claims to the contrary, the US dollar would continue to devalue
and subsequently dollar based commodity prices would soar.
Needing neither
a mountain lair nor sequestration behind closed Fed doors, the new
Public Enemy No.1, Osama Ben Bernanke committed, in
broad daylight, an act of financial terrorism that would have far
reaching and long lasting implications for the American public.
As the value of the dollar went down, the cost of nearly everything
would go up
excepting the cost of risk.
This meant
that financiers could continue to speculate and exploit the equity
markets, with the profits going only to the 10 percent of Americans
that owned 90 percent of the stocks, bonds and mutual funds. Moreover,
the Fed reasoned the cheap dollar would also give a competitive
edge to big US exporters. But as exports rose, so did the price
of imports, putting further strains on average consumers whose real
wages fell ever further behind the pace of inflation.
Bombs Away
What Osama
Bin Ladens death also did was to deflect attention from the
US/NATO humanitarian mission in Libya, which, just two
days earlier, had delivered several humanitarian bombs upon the
home of Muammar Qaddafis son, killing him and three of his
children.
The bungled
attempt to assassinate Qaddafi (who had been visiting his son) was
condemned by Russia, brought recriminations against NATO from other
UN members for overstepping the UN mandate, and called into question
the legality of the air strike. With a groundswell of public sympathy
building around the world for Qaddafis murdered grandchildren,
the very purpose and future of the entire mission was being called
into question.
Trend Forecast:
With the death of Osama Bin Laden, the restored, rebuilt, new and
improved terror bandwagon rolls again
and it will keep rolling
until Election Day 2012. Whether a real terror attack happens or
not, Barack Obama, as he has done before, will take a page from
the G.W. Bush playbook and keep the American public in a state of
fear and hysteria.
And should
terror strike the US, UK, France or other NATO ally, their governments,
media presstitutes, pundits, and the public at large
will debate and deplore the cowardly act and demand
swift justice. They will blame Bin Laden sympathizers,
Al Qaeda cells, Muammar Qaddafi, radical Islamists
but never
will they blame themselves. They will refuse to acknowledge that
what they called terror was nothing more than revenge;
reprisal for foreign meddling in the domestic affairs of other nations,
or retaliation for military invasions launched by the US, UK, France
or other NATO ally upon a sovereign nation.
Meanwhile,
back in DC, the Chairman of the Fed, Public Enemy No.1, Osama
Ben Bernanke, will mastermind the destruction of the American dollar,
the US economy and the purchasing power of the American people.
As we have
been forecasting for years, gold, despite its recent pull back,
is on-trend to reach $2000 per ounce (and possibly higher). And
while Ben Bernanke claims that inflation is merely transitory,
considering his penchant for printing trillions of digital dollars
not worth the paper its not printed on, we see inflation as
both entrenched and rising.
May
6, 2011
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.
Copyright ©
2011 Gerald Celente
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