The director of Trends Research Institute, Gerald Celente, comments on Congress taking a 2-week break while 200,000 American people may lose their unemployment benefits.
“Congress is really detached from what’s going on with the average person,” says Celente. He predicts more protests and demonstrations to come on April 15, Tax Day.
“There’s going to have to be a time when they have to pull the plug on all of these bailouts and all of this stimulus. And when they do, you’re going to start seeing the economy, even on Wall Street, begin to unravel.”
Celente explains how the American people don’t really have a choice with a 2-headed, 1-party system, financed by Wall Street. “It can’t go on like this with so many people losing so much and so few getting so much,” he says. Celente forecasts a new third party for 2012.