Bottom line: healthcare proposals and current/proposed taxes are ticking people off. As the unemployment rate sinks further, and these people can’t find jobs, and on top of this, the weight of more taxes and payments are forced on the American public by an incompetent government, people are going to start fighting back in various forms. As Gerald Celente says, “When people lose everything and have nothing to lose, they lose it.” Unless things start turning the tide in the broader economy, we’re going to start seeing more of this I believe. And it could get ugly.
“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.” – Dwight D. Eisenhower, Presidential Farewell Speech, 1961
It is statements like this that make you really wonder what exactly has been going on underneath the surface in this country over the past few years. With the massive bailouts in which the people who created our problems get handsomely compensated for them and in a time of deepening recession, our military is spending like crazy (see graph below), it just makes you wonder: is this the military-industrial complex Eisenhower was warning about down the road, with a banker/financial component to it he may not have been able to foresee? I don’t know, maybe, maybe not.