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July 9, 2002 - Art Bell

02:48:39

Coast to Coast AM with Art Bell - Gerald Celente - Economic Forecasting

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gerald celente

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unidentified		Welcome to Arc Bell, Somewhere in Time, tonight featuring Coast to Coast AM from July 9th, 2002.
art bell ▲ ● ▼		From the high desert and the great American Southwest, having your good evening, good morning, good afternoon, wherever you may be in all the world's time zones, wherever that is.
art bell ▲ ● ▼		It's great to be with you, and we are all around the world, one way or the other.
unidentified		This, of course, is Coast to Coast.
art bell ▲ ● ▼		And I think this is going to be a very interesting tonight.
		Both the first hour and the second hour tonight.
		I think we're going to talk about trends.
		And it's irresistible to me.
		And I'll show you why here in a second.
		Trends.
		Trends.
		It's a very good topic.
		Tonight's guest is Gerald Flinty, founder and director of the Trends Research Institute.
		Today is number one, Trend Analyst.
		He's a trend analyst, and, you know, he looks at the way things are going and projects the way things are going to be.
		And so it's going to be a very interesting night because the trends right now.
		Let's talk about the trends right now in the news, shall we?
		The Senate voted today to take all of that nasty radioactive material and either truck it or train it or otherwise send it to here in Nevada, 90 miles northwest of Las Vegas, where they just recently had an earthquake, I might add.
		That issue aside, I think it'll store relatively safely there.
		But the real concern ought to be all of you out there.
		I mean, now this goes to President Senator's past, it's going to happen.
		And they're going to truck all this really nasty radioactive crap out here to Nevada and stick it in the ground.
		Where it will have to be safe from human interaction with it in any way at all for probably hundreds of thousands of years.
		So we'll have to be really good custodians, but that's okay because we, short as it may be, we have a sparkling record as custodians, right?
		So that's a trend.
		President Bush today went and gave a speech about Wall Street.
		Now that Wall Street's a trend too.
		President Bush basically said that he wanted to put the bad guys in jail, you know, the white-collar criminals.
		Longer criminal sentences for white-collar crime.
		Higher ethical standards.
		And, you know, admonished the CEOs of the nation to be telling the truth.
		The stock market dropped, let me see.
		After his speech, the stock market dropped big time, 178.81 on the Dow and a 24.49 or 1.7% on the NASDAQ.
		So the president wants these guys put in jail.
		The trend is with regard, I think your answer would be with regard to a confidence, how much confidence you have with your dollars if you're investing in the stock market after seeing the biggies just get smushed because of what they did.
		How do you feel?
		Are you confident enough to go invest in the stock market?
		The answer apparently is no for a lot of people, and this is very serious.
		And the president's speech didn't seem to cure anything at all.
		In fact, you know, you could make a case, I suppose.
		It goes down anyway, but you could make a case that they didn't really like what he said, that it didn't give confidence.
		So how much confidence do you have in the stock market right now?
		Been watching it?
		It's pretty interesting.
		Al-Qaeda spokesperson.
		Headline, we're thriving.
		Two statements reportedly from Al-Qaeda spokesmen have been released saying Osama bin Laden's terrorist group is thriving, planning new attacks and assassinations as we speak.
		Al-Qaeda will organize more attacks inside American territory and outside as well.
		At the moment, we choose at the place we choose with the objectives that we want.
		That's Al-Qaeda's chief spokesperson.
		In another purported Al-Qaeda statement, a Saudi-owned satellite television broadcast audio taped comments by an al-Qaeda spokesman describing Abu Lehith from Libya saying the terror group is preparing for a coming period of guerrilla war.
		So, you know, here you have a kind of a trend too.
unidentified		We are on the verge of war.
art bell ▲ ● ▼		Well, we're in a war.
		Maybe that would be the really right way to put it.
		We're in a war.
		Now, how far in, the degree to which we're in and going to be in, that's a trend and something we could talk about.
		Right?
		How do you think it's going?
		Iraq lays ahead.
		The terrorists promised to poison us or blow us up or whatever.
		And they're moving right ahead and they issue statements and they're going to do it.
		Iraq says Farrakhan, Louis Farrakhan's over in Iraq or was, did you know that?
		Iraq says Farrakhan tells of U.S. Muslim support.
		Iraq's state-run media has quoted Nation of Islam leader Louis Farrakhan as saying during a visit to Baghdad that American Muslims are praying for an Iraqi victory in a war with the U.S. A State Department official in Washington said he was aware the report on the official Iraqi news agency wasn't going to comment on it though.
		Mr. Farrakhan held meetings during the Weekend with Iraqi officials on a solidarity trip billed as an effort to avoid U.S. military campaign against Saddam Hussein.
		Mr. Farrakhan held talks with Islamic Affairs Minister Abdul Munim Selah on ways to confront the American threats against Iraq.
		So there is a trend, you know, that we could talk about.
		I mean, Farrakhan is over there virtually sort of planning with him how to do us in.
		I don't think that overstates it.
		You know, it's going to be war.
unidentified		Probably going to be war, right?
art bell ▲ ● ▼		So that's certainly a trend, this trend toward running toward moving toward war and conflict and all the rest of it.
		And since we're going to have the nations number one, then there's the ecological situation in the U.S. You know, yesterday we talked about this WWF report about our planet preparing to expire in the year 2050.
		Right?
		We're dead in 2050, and either we have two other planets ready to colonize with the human race, or we're dead meet.
		I mean, it's a really serious report.
		A lot of people think it's communistic nonsense, and some people think somewhere in the middle, I suppose, somewhere in between the alarming nature of the report and what might really be true, but probably the truth is somewhere in between, don't you suppose?
		So what would you say the trend for ecology is right now, the world's state?
		How healthy is the world?
		Now, we can't, well, yes, we can, actually.
		We can all be trend people tonight for a little while.
		So as you consider these, here's what I'm going to ask you to do.
		As you consider these various trends, the state of the United States, I would ask you to assign a number somewhere between 1 and 10.
		A number 10 would be that the United States has absolutely unlimited prospects.
		That the future has never looked better on every front.
		Everything is go full speed ahead.
		The economy's ripping.
		Everybody's making millions.
		Lifestyles are improving.
		The quality of life has never been this good.
		God, it's this good.
		How could it be this good?
		That's a 10.
		One would be the end is nigh.
		You know, the end is nigh.
		And the prospects for the U.S. are dismal, actually awful.
		The end is coming.
		And so I wonder, now, now obviously there's a large scale of gray in between 1 and 10, right?
		And so I'd be interested in your assigning a number to our current prospects, our current trends.
		And so I thought I'd listen to all of you this hour and then listen, we can all listen to Gerald Celente next hour and kind of compare notes on thoughts about prospects for us, the U.S. And trends are, you know, it's something everybody can do.
		I mean, Celente is in one of the big whoop-de-doo think tanks.
		But I think you have eyes too, right?
		So you can look at what's happening.
		Any sensible person can right now.
		I think you can come up with a number between 1 and 10.
		Anyway, give it a try.
		I'd be very interested in your take on the current state of affairs in this great country of ours.
		The End You know, I think I want to take some calls on this.
		Just go to Open Lines through the next hour, and before we have our real think tank super duper number one trend expert on next hour, get what you think.
		You pick the category.
		It doesn't matter.
		Oh, crime, by the way, which had been on the decline in the U.S. for years, is on the way up too.
		Do you know that?
		That's a trend.
		That's another one people watch.
		And it's beginning to take steps up for the first time.
		Crime.
		Broad Steiger's dead, by the way, at 77.
		Pneumonia and kidney failure.
		That's a shock.
		Stocky, intense actor who played Marlon Brando's Hoodlum Brother on the Waterfront.
		Won an Oscar as a redneck Southern police chief in the heat of the night.
		Died earlier today for the reasons I stated.
		Sorry to see you go.
		Ron.
		So let's just go to the phones and take some calls.
		See what we get.
		First time caller line, you're on here.
		Hello.
unidentified		Hi, Art.
unidentified		This is Arlene.
art bell ▲ ● ▼		Arlene, where are you?
unidentified		Parsons, Kansas.
art bell ▲ ● ▼		Okay.
art bell ▲ ● ▼		How do the trends look to you, my dear?
unidentified		I think it's a four.
art bell ▲ ● ▼		A four, huh?
art bell ▲ ● ▼		That's pretty sad.
unidentified		Yeah, it's pretty sad.
art bell ▲ ● ▼		When I was a kid, and you would ask about the prospects for the U.S., you'd probably get easy an eight or a nine.
art bell ▲ ● ▼		And, you know, that's a while ago, but not that long ago.
unidentified		No.
unidentified		When I was a kid, it was better.
art bell ▲ ● ▼		How long ago were you a kid?
unidentified		In the 70s.
art bell ▲ ● ▼		In the 70s, huh?
		All right.
		Well, you're pretty young.
		A four, huh?
		A four.
		Well, that's not too good.
		Remember, 10 would be unlimited prospects.
		Things have never been better for the U.S. The economy is roaring.
		Everything's working.
unidentified		There aren't problems.
art bell ▲ ● ▼		Don't worry, be happy is the active psychological phrase.
		And then at the other end of the scale, it's like the end.
		The end is nigh.
		So she gives us a four.
		I suppose I should keep some sort of average, shouldn't I?
		Wildcard line, you're on the air.
		Good morning.
unidentified		Hello, Art.
		Hello there.
		I'm Wendell from Florida.
art bell ▲ ● ▼		Okay.
unidentified		I would like to comment, if I could, about the survival of America.
		It's going to be really hard because people just don't care no more.
		They don't get out and vote.
		They let the politicians do whatever they want to do.
		And I would like to ask you if you would please have a show on the dark side of the USA, the U.S. Patriot Act that was passed in Congress behind closed doors.
		If you could pick that apart on your show, I would sure appreciate it.
		That's all I've got to say.
art bell ▲ ● ▼		All right, thank you.
		Well, I don't know.
		You know, on the one hand, anybody could pick it apart.
		Anybody who cherishes all the freedoms that we have could take that act and pick it apart because it absolutely infringes on some of those rights.
		However, we're in a time where we have a bunch of people that are trying to kill us.
		Actively, really trying to kill us.
		Kaboom, kill us.
		And so you have to balance that against extreme measures that are being taken.
		And it's a tough balance, boy.
		It's really a tough balance.
		And you can never let it get so far that you have destroyed what you are having to fight to preserve.
		So, you know, that's another trend.
		I mean, that's another trend we can talk about.
		The response to terrorism has absolutely and will absolutely, as it continues increasingly, infringe on our rights.
		But you knew that was going to happen, didn't you?
		East of the Rockies, you're on the air.
unidentified		Hello.
		Hi, Art.
		How are you doing?
		I just turned down my radio.
		Joe from Boston.
		Yes, RKO Radio.
		Number two.
art bell ▲ ● ▼		Number two?
art bell ▲ ● ▼		Yep.
unidentified		It's real low for this society, but no one gives a damn.
art bell ▲ ● ▼		You only give us a two?
unidentified		Yep, no one gives a damn, and I think the world's going down the pot real fast.
art bell ▲ ● ▼		Now, all the world, or just...
unidentified		I think mostly the U.S., I think the rest of the world will go eventually, Because I want to see if I can go to the library and get it.
art bell ▲ ● ▼		The WWF report yet?
unidentified		That's it.
unidentified		WWF.
art bell ▲ ● ▼		We'll leave that on.
		It's out on Link's page.
		You can read it.
unidentified		I'll have someone get it, but I'll give the U.S. a number, too.
unidentified		I think we're going down the pot real fast.
art bell ▲ ● ▼		Anything you can see even conceivable that would stop the decline?
unidentified		Absolutely.
		People change their attitudes and start helping one another.
		No one gives a damn anymore, as you well know.
art bell ▲ ● ▼		Yeah, but no, I said something realistic.
unidentified		Yeah, people change their attitudes.
art bell ▲ ● ▼		I was being facetious, Joe.
unidentified		Okay, okay.
unidentified		But yeah, we have to really change our outlook and life and start getting the economy back and start taking care of our own people in this country.
art bell ▲ ● ▼		The only thing that'll take is trust.
		Money will do what money does.
		It will invest if it trusts.
		The trouble is right now, it doesn't trust our businesses.
unidentified		Well, look at WorldCom.
		Look what happened today.
		Look what we found out.
		And they've done that since 92, haven't they?
		I heard on another station that when Bush's father was involved, they looked at it and there were problems then in corporations.
		So we have to trust each other.
		We have to change our attitudes, our hearts.
art bell ▲ ● ▼		Well, as I said, I was actually looking for something realistic.
		And I, once again, am being sort of facetious here.
		So a four and a two so far.
		Not too good.
		The president is never going to talk people into trusting.
		In the business world, money will move at its own pace, and the trust will have to come because horrendous things happen to the people who have done these things.
		And so the president, yeah, called for harsher penalties, and they're going to have to start slapping handcuffs on people and putting them away for a long period of time.
		And that has not traditionally been done because most of these people are pretty close to the power base, and they just get treated differently.
		Say anything else would be a lie.
		West of the Rockies, you're on the air.
unidentified		Art, I've got a great trend to keep an eye on.
		You know, in the Bible, God said, I would bless those who bless Israel, and I will curse those who curse Israel.
		And I've noticed over the past couple of years that as our leadership come out and make more and more pro-Palestinian statements, our market seems to follow that trend in falling.
		And I will bet you anybody could go back and correlate some of the key statements made by our leaders.
		They could correlate that with the market, and they would probably find something that's very scary.
art bell ▲ ● ▼		So, yeah, that's a trend.
		I mean, it's all a trend.
		And so how about you taking a stab at this?
unidentified		Well, it's going to depend on our leadership.
unidentified		If they go pro-Palestinian and Congress comes out and makes some joint statements.
art bell ▲ ● ▼		I know, but that's one aspect of a larger world trend.
		What I'm asking you is to give me a trend number from the U.S. The trend number I would give might be maybe a five.
		A five.
unidentified		Now, that could go up or down, depending on how we react to the Middle East situation, but I'll bet you anything the one has something specifically to do with the other.
art bell ▲ ● ▼		Well, I can't deny that it would.
		It probably would.
		I mean, if the results of our policy result in a war, then war will have predictable.
		You know, you can't say that, I guess, in this day and age, can you?
		War will have a predictable outcome.
		It won't have a predictable outcome, will it?
		Because today we're dealing with these incredible weapons of mass destruction.
		And so war could be really different and have a really different outcome.
		Diseases, it can be released.
		I mean, here they are vaccinating government workers against smallpox.
		They're not doing that because they're wanting to waste the time of government workers nor the money.
		They're doing that because they know something.
		We're getting worried about dirty bombs, and I could tell you things that I can't tell you, but it's just a really scary time out there right now.
		Very scary time.
		Drives the trend numbers down, I expect.
		I'm Art Bell from the High Desert.
		You're listening to Coast to Coast AM.
		Looking for your trend number.
unidentified		And you're listening to Art Bell somewhere in time on Premier Radio Networks.
		Tonight, an oncore presentation of Coast to Coast AM from July 9th, 2002.
		12 and 11 Eve.
		Everybody is looking for something.
		Some of them want to use you.
		Some of them want to get you by you.
		Some of them want to view you.
		Some of them want to be of you We love later.
		Who am I to disagree?
		Who am I to disagree?
		Thank you.
		Thank you.
		The heart of the bitty breath of the meeting from the neon turn, the dark day.
		Would you hunt to me, believe me?
		We had to get out before the man that got away.
		You know what I was good?
		I'm waiting for you to tell.
		I'm not sure every night.
		The End You and me on the double.
		Win it all day.
		You're woven up.
		You're listening to Art Bell Somewhere in Time.
		Tonight featuring a replay of Coast to Coast AM from July 9th, 2002.
art bell ▲ ● ▼		See, what we can have here is a think tank and a feeling tank.
		We can have a feeling tank, too.
		Because how do you decide, you know, where you are between 1 and 10 in the scale I described?
		How would you just, how would, you know, it'd be a good question for Selente.
		Give him the 1 to 10 test, huh?
		One way that you can decide what your number is is just by how you feel.
		In other words, when you look around you at the world, your fellow population, the state of the country, the state of the economy, the state of war in the world, the state of everything that's important, when you look around like that, how do you feel?
		In the pit of your stomach, is there a warm, fuzzy, comfortable, swollen, happy feeling?
		Or is the pit of your stomach more like, you know, a minute or two after you ate 13 cheap hot dogs?
		It's got to be the feeling test, and I don't know, you'd give it a number there between 1 and 10 somewhere.
unidentified		Try it.
art bell ▲ ● ▼		Maybe I'll call this the Bell Comfort Index.
		What do you think?
		The Bell Comfort writing this down.
		Index.
		1 to 10.
		First time caller line, you're on the air.
		Good morning.
unidentified		Good morning, Art.
art bell ▲ ● ▼		Yes, sir.
unidentified		Yeah, I was thinking a minute ago that I feel pretty confident.
		I would say a 7.
		I'm not invulnerable confident.
art bell ▲ ● ▼		No, no, a 7, though.
		I mean, that's much better than average.
		It's way on up there from today's point of view, from my point of view.
		So I'd like to know, what gives you a 7?
unidentified		Well, we're complaining about these guys getting caught for doing some dirty deals.
art bell ▲ ● ▼		We are?
unidentified		Well, I hear a lot of people, they're not complaining about them getting caught, but they're saying, oh, gee, look at our times.
unidentified		These guys are some bad guys, and look what's going on.
art bell ▲ ● ▼		Oh, they are bad guys.
unidentified		Yeah, but there's always been bad guys.
art bell ▲ ● ▼		Yeah, but I think not so much, though, at the very top of corporate America.
		I mean, if you go back even to the beginning, the top of corporate America has always been pretty conservative, pretty honest, actually.
		You go back to the beginning of the car companies and, you know, big business, it hasn't been perfect, but it's been accountable.
unidentified		Well, ask Tucker how fair the car business was.
art bell ▲ ● ▼		Well, Tucker, yeah.
unidentified		Yeah, they squeezed him out.
		It's always been that way.
		The guys that get to the top, they close the gates.
art bell ▲ ● ▼		Yeah, I know, but that's called competition.
		Now, that's another thing altogether.
		I'm talking about outright theft here.
		Yeah, you know, theft.
unidentified		I guess maybe in one way I'm more optimistic than you, but in another way, I'm more cynical than you.
art bell ▲ ● ▼		In what way are you more cynical?
art bell ▲ ● ▼		That's hard to say.
unidentified		Well, I think that we've always had people that have been this big of creeps.
		Maybe they haven't had the opportunity.
		Well, no, I even agree that relative to their times, they've had the opportunity to be scandals or, you know, scoundrels on as large a scale as these guys today.
		Yeah, the robber barons in the 20s.
		Yeah.
		Boy, yeah, medieval times, you know.
		And we've already suffered some pretty big setbacks.
		If you look at evolutionary theory and floods and this, that, and the other, we've been knocked down pretty hard a few times, but we're scrappers.
		And we have a technology base now where if we did take a hard hit, and I also believe in the survival instinct, if we get a real bad dude out there with his finger on the red button, I don't think just Americans pull together in the crisis, but I think humans pull together in the crisis, and we find some strange bedfellows to get rid of that guy that threatened all of us as a species.
art bell ▲ ● ▼		Well, we have that opportunity and have had for a while now with Saddam Hussein.
		He is certainly threatening us as a species.
		You know, if he could do it, he would poison and kill every last person in this country, right?
unidentified		Yeah, I think he's crazy enough to do that.
art bell ▲ ● ▼		Sure, so there's your perfect examples.
art bell ▲ ● ▼		The trouble is we don't have them yet.
unidentified		Well, what's the balance line, though?
		When does it become real enough for everybody to be motivated enough to actually act?
		Like you were talking about balance line between freedom and self-preservation through restriction on our freedoms.
		That's right.
		I think those things are cycles.
		Everything's cyclical.
		My big fear is that we have the power to destroy ourselves as a world and a species now.
		But I really believe that.
art bell ▲ ● ▼		You don't think it's going to happen?
unidentified		It could.
unidentified		But boy, if one guy goes crazy, I think the rest of the world will get rid of him, and I think that we could recover.
art bell ▲ ● ▼		You know, at one time, that statement would have been absolutely dead on the money because eventually we'd get him.
		But this entire movement out there that wants all of us dead, it would use, if it could get its hands on it, you know, some biological agent that would kill every last one of us.
		Don't rule out the possibility.
unidentified		No, well, of course not.
		That's what I mean.
		We have the ability now to wipe us out of this world.
art bell ▲ ● ▼		Well, but that's what makes today's bad guys or single guys out there much more dangerous than they once were in a different world.
unidentified		I don't know.
		I guess I'm a survivor, and I feel as long as there's a fighting chance, we'll go for it.
		All right, we can't give up.
art bell ▲ ● ▼		I like your optimism.
		A seven.
		All right, thank you.
		That'll pull the average for the comfort level up, to be sure.
		So we'll give that a seven.
		We've got a four, a two, a five, and a seven.
		See, our statistical sample isn't going to be big enough to mean very much, but you get the idea, and then we'll get the real expert here at the top of the hour.
		Wildcard line, you're on the air.
		Hello.
unidentified		Hi, Art.
art bell ▲ ● ▼		Hi.
unidentified		This is Larry in Fort Lauderdale.
art bell ▲ ● ▼		Hello, Larry.
unidentified		I'm going to come in with an eight.
art bell ▲ ● ▼		An eight?
unidentified		Yes.
		Wow.
		And I have reasons for that.
art bell ▲ ● ▼		Let's hear them.
unidentified		Well, the first thing to comment on the last caller, I think that I have enough faith in our government and our military that behind the scenes they told the leaders of certain countries that harbor terrorists that if they explode something here of mass destruction, we are going to annihilate them.
unidentified		We will probably do something so terrible that I think they're keeping that in check a little bit.
art bell ▲ ● ▼		I hope to hell you're right.
unidentified		And the other reason is I think that people do good, the American people do good, when they can control things, things that they can put their hand on, whether it's voting or whether they're waving flags after 9-11.
unidentified		They can't control esoteric things like meteorites and the Securities and Exchange Commission.
art bell ▲ ● ▼		You can't have the SEC up there with meteorites?
unidentified		Well, I'm saying that I'm trying to show a wide, wide range of things that we sit here night after night.
		We listen.
		Like last night, I breathed a sigh of relief over the Mayan calendar.
		week after week we've been hearing this with different guests on your shows and the last week and He explained it away last night without fear.
art bell ▲ ● ▼		It's just going to be an anniversary, he said.
unidentified		Right, and then another one starts up, and I noticed how you took that.
		You kind of like said, oh, so then it just starts over again.
		And I'm thinking, wow, that cleared up about a two-year problem that we had.
		And I thought that was pretty interesting.
		But one example is this.
		You know, we have I-95 here up and down in Florida, and we have a lot of road rage.
		And yet, you think that nobody cares about anybody else.
		Well, the minute a car goes into a canal here, eight, nine, ten people stop, and at least half of those will dive in and pull somebody out.
		And it's not to be on television.
art bell ▲ ● ▼		And one of those people in the rescue effort might even be the person who flipped the finger that put the guy in the ditch.
art bell ▲ ● ▼		Right?
unidentified		Says I know now.
art bell ▲ ● ▼		It's a weird world we live in, sir.
unidentified		Yes, sir.
art bell ▲ ● ▼		That's all I've got to say.
		It's a weird world.
		And there is a lot of road rage out there.
		And I've got to admit, I feel some of it myself.
		My God, there's some stupid drivers on the road.
		Stupid!
		Makes you wish you had a large car-to-car weapon in the front.
		In the middle of your grill there, where you could push a button, you know.
		Put them in flames on the side of the road and then keep going.
		But then you think better of it.
		East of the Rockies, you're on the air.
		Hello.
		Hello, going once.
		Going twice.
		Gone.
		West of the Rockies, you're on the air.
unidentified		Hello.
art bell ▲ ● ▼		Hello, hello.
		Going, going, gone.
		First time caller line, you're on the air.
		Oh, I hope I did that right.
		You're on the air.
unidentified		Hello.
		Hello, Art.
		How are you?
art bell ▲ ● ▼		I'm all right, sir.
art bell ▲ ● ▼		Where are you?
unidentified		I am in Atlanta, Georgia.
		I'm sorry I'm calling from my cell phone.
		That's all right.
		My name is Daniel.
		and look you know uh...
		i think we're down there around the two or three because of this one really look at my Let's say three.
art bell ▲ ● ▼		Three, okay, three.
unidentified		Can I tell you why?
art bell ▲ ● ▼		Absolutely.
unidentified		Okay, well, if you look at Matt Drudge on his site, you'll see he's referencing people like Hal Lindsay and prophecy, things like that.
		And that didn't used to happen very often.
		And now, you know, you've had him on your show.
		I don't know if you've had Jack Van Empey or anybody like that, but there's a lot of prophecy going on right now in the signs and the heavens and all that kind of stuff that's actually happening.
		Even the birds.
art bell ▲ ● ▼		You know something?
art bell ▲ ● ▼		I ought to have Matt Drudge on the air.
unidentified		Yeah, I have Matt back.
unidentified		I should.
art bell ▲ ● ▼		I really should.
unidentified		Yeah, but I think that the trend right now is people don't want to look at the end, you know, the actual end, but they're so intrigued.
unidentified		It's almost like going by and seeing an accident that you don't really want to look at it, but you know it interests you still.
art bell ▲ ● ▼		Yes.
unidentified		And I think people really are going, you'll notice on the internet, I'm not going to say any sites, but on the internet, there's a lot of Sites that are popping up now dealing with prophecy and those kind of things that didn't.
art bell ▲ ● ▼		Oh, well, listen, I've got to tell you, and I really mean this personally, I am absolutely, don't get me wrong, I'm fascinated.
		Even riveted.
		What's going on in the world right now has got to be, on a drama level, more interesting, no matter what number you give it, and my number would be pretty low, I'm afraid.
		I'm sort of cynical, I guess.
		But from a drama point of view, oh my God, these are fascinating times.
		With all this pressure and all these things occurring, they're absolutely fascinating times to be alive and to watch how this is going to unfold.
		Fascinating.
		East of the Rockies, you're on the air.
		Hey, how you doing, Ark?
		I'm doing okay, sir.
unidentified		This is John in Kansas.
art bell ▲ ● ▼		Yes, sir.
		John, John.
		John, turn off your radio.
unidentified		Yeah, hang on, Ark.
art bell ▲ ● ▼		I'll wait.
		You see, you get all confused, just like he did, if you don't turn your radio off.
		Yes, okay, John.
		Go ahead.
unidentified		I don't know.
art bell ▲ ● ▼		You don't know?
unidentified		I would have to give it a five.
art bell ▲ ● ▼		Oh, a five.
		Yeah.
		Sort of moving.
unidentified		We're kind of going toward a four.
art bell ▲ ● ▼		Five movies toward a four, huh?
art bell ▲ ● ▼		So, in other words, that tells me your trend direction.
unidentified		Yeah, unfortunately.
art bell ▲ ● ▼		Uh-huh.
		It's like the Fed, when it gives its outlook, like the forecast of here's how we feel, you know.
		We're not going to raise interest rates right now, but we feel like we might soon.
		That's the third thing the Fed says.
		All right, well, so a five leading toward a four.
		West of the Rockies, you're on the air.
		Hello.
unidentified		Yeah.
unidentified		I wanted to talk to Art Bell about that mind calendar thing that he was talking about this morning.
art bell ▲ ● ▼		Why would you think he'd want to speak about that, sir?
unidentified		Because he's talking about predictions and stuff that things that are going to be coming true and kind of just to re-raise an issue and also because of my point of view on it as far as being a Latter-day Saint and looking at the Mayan culture.
art bell ▲ ● ▼		All right, well, let me tell you a little secret, all right?
		This is Art Bell.
		And you are on the air.
		And so everybody heard what you just said.
unidentified		Uh-oh.
		Okay.
		Well, let me, here's the thing, is there is a scripture in the Book of Mormon that talks about, that talks about when Christ came to visit the Central American area.
		And he came down there and talked to some people that became his apostles there.
		And they I'm sorry, I'm so nervous.
art bell ▲ ● ▼		Just trying to get to your point, sir.
unidentified		The point is, is that there were a lot of things that were said there.
unidentified		and basically some of those things it specifically says we're not actually recorded in any scripture it's it's really it and you may get a new thing that they're saying that we're considered so very sacred So they don't really know what he said.
art bell ▲ ● ▼		Well, then how can we talk about it?
unidentified		There are some things that he doesn't, that were recorded by the Mayan people.
art bell ▲ ● ▼		How can we talk about it if we don't know what it is?
unidentified		Because the thing is that there's a lot of things about the Mayan culture that are not explained even in the Book of Mormon and that are like, for instance, the Mayan calendar.
art bell ▲ ● ▼		Where did it come from?
		All right.
		See, the guest last night said that we were just going to have the anniversary of the arithmetic you apply to the Mayan calendar to get out so far, and you would just start a new one.
unidentified		Right.
art bell ▲ ● ▼		Well, I don't know if I believe that or not, but some people, the opinion ranges from it is the end of time to it is simply the anniversary of the mathematical calculation that takes the mine calendar out either forward or reverse in time.
		And there are people who even take it reverse in time.
		First time color line, you're on the air.
unidentified		Hello.
art bell ▲ ● ▼		Going once.
		Going twice.
		Gone.
		Wildcard line, you're on the air.
		Hello.
unidentified		Yes, this is Dr. Daniel here in Omaha.
art bell ▲ ● ▼		Yes, sir.
art bell ▲ ● ▼		Turn your radio off, Doctor.
unidentified		Yes, yes, yes.
unidentified		There we go.
art bell ▲ ● ▼		Yes, good for you.
art bell ▲ ● ▼		All right, go ahead.
unidentified		Yes.
unidentified		I wanted to give it an eight.
art bell ▲ ● ▼		An eight?
		Yeah.
		And what gives this incredible optimism to you?
unidentified		Well, with my background in technology, I think we're probably going to make some very big breakthroughs within 10 years.
art bell ▲ ● ▼		Technology is going to save our butts, right?
unidentified		Either that or Burious, one or the other.
art bell ▲ ● ▼		In what way do you imagine technology saving us from what appear to be the woes of the world right now?
unidentified		Well, the newer technologies, one example is here in your state there where they're going to have all these problems with them bringing in all this radioactive material.
art bell ▲ ● ▼		Not just my state.
		It's come by your house.
		Check it out.
unidentified		Yeah, well, I mean, we grow it here.
		We send it there.
		I see.
		But eventually we'll be able to modify those radioactive material and get rid of the...
		That one within 10 years.
art bell ▲ ● ▼		10 years.
unidentified		And that's not very far away.
		All we need is the energy, and we'll have the energy.
		We'll have new breakthroughs.
		We're going to have to.
art bell ▲ ● ▼		So we'll take this giant stockpile, which, by the way, is due to be arrive in about 10 years here in Nevada.
		Yeah, I think we'll take it.
		And we'll turn it into dust or something productive.
unidentified		Yes.
art bell ▲ ● ▼		Well, that's interesting.
art bell ▲ ● ▼		So then you think as we solve our energy woes, we solve all the other woes at the same time?
unidentified		Well, that's just one of them.
unidentified		It helps out worldwide because some of the problems that are happening worldwide are problems with people that don't have anything, and they decided they wanted to kill all of us until they don't have it.
art bell ▲ ● ▼		Yeah, yeah, that's pretty much it.
		All right, sir.
		Thank you very much.
		All the way up to an eight, and technology will do you the trick.
		East of the Rockies, you're on the air.
		Hello.
unidentified		Hey, I'm telling them my crappy cell phone.
unidentified		Really sorry.
art bell ▲ ● ▼		Oh, it's all right.
unidentified		Okay.
art bell ▲ ● ▼		I'm going to give it a one.
		It's not all right that you have your radio on, though.
		Turn it off.
unidentified		It's off.
art bell ▲ ● ▼		okay.
art bell ▲ ● ▼		You're giving us a one?
unidentified		Yeah, but you know, my reason is, if they'd make people read Plato's Republic in school instead of great expectations, we'd be a lot better off, you know?
		We're all getting kind of stupid.
		Oh, and that guy, that the Mormon guy?
art bell ▲ ● ▼		Actually, we're getting smaller and dumber.
art bell ▲ ● ▼		The Mormon guy, yes, yes.
unidentified		Well, I'm a Mormon, too.
		I know what he was talking about.
		He was saying that they believe that the calendar ended at 2012 because they got clued into something Jesus Christ told them that nobody else knows.
		But, you know, there's another scripture in the Bible that says, you know, nobody knows the time or the place.
		It's just off.
		I don't find it at school of thought either.
		That's the point that he's trying to make.
art bell ▲ ● ▼		I see.
		All right.
		Thank you very much.
		It was hard to understand.
		It was hard to, yeah, somehow it just didn't sink in with me.
		West of the Rockies, you're on the air.
		Hello.
unidentified		Yes.
		Hi, Art.
		I will give it a No, I'd have to call it.
art bell ▲ ● ▼		For my purposes, I'm going to call it a 1.
unidentified		Okay, for your purposes.
art bell ▲ ● ▼		Because I mean, I explained a 1 is the end is nigh.
art bell ▲ ● ▼		It doesn't get any worse than that, right?
unidentified		Well, all right, then I was just adding the 001, trying to be optimistic here in some fashion.
art bell ▲ ● ▼		You mean leaving like a thousandth of 10% open.
unidentified		Exactly.
		I need some shred of hope here.
		By the way, I was kind of curious, in reading about the nuclear waste which would be placed in Nevada, did they not just have an earthquake that went that would have been directly?
art bell ▲ ● ▼		Yes, they did.
		4 point something or another, my dear, right in.
		It was actually centered at Yucca Mountain where all this stuff would be.
		Now, of course, they advertise that they could take eight or nines or whatever.
		I mean, the caskets that these things are going to be in, I guess, would defy Mother Earth herself.
unidentified		It's nice to know I'm not the only optimist.
art bell ▲ ● ▼		You know, now I live pretty close to all this stuff, so it'll be interesting to see, right?
unidentified		Well, I'm in Washington right now, but I'm originally from Arizona.
art bell ▲ ● ▼		And you're in Washington State?
unidentified		Right.
art bell ▲ ● ▼		Yeah, okay.
		Listen, our hour is breaking.
		Yeah, thank you very much.
		That time is now for nine.
unidentified		You're listening to Arkbell Somewhere in Time.
		Tonight featuring a replay of Coast to Coast AM from July 9, 2002.
		We'll be right back.
		Come on, baby, don't feel the driver.
		Baby, take my head, don't feel the driver.
		You'll be able to fly, don't feel the driver.
		The End
		A white bird in a golden cage on a winter day in the rain.
		White bird in a golden cage alone.
		Music The leaves blow across the long black road to the darkened sky in its rage.
		The white bird just sits in her cage unknown The white bird just sits in her cage unknown When bird must fly, she will die.
		When bird must fly, she will die.
		Premier Radio Networks presents Art Bell Somewhere in Time.
		Tonight's program originally aired July 9th, 2002.
art bell ▲ ● ▼		So you heard Amateur Hour?
		I was last hour on trends.
		We all did that.
		I include myself as an amateur.
		Totally as an amateur.
		But now we'll listen to the man who is said to be number one.
		The number one trend analyst in America's ad.
		Gerald Salente, founder and director of the Trends Research Institute, is number one.
		He's editor and publisher of the Trends Journal newsletter, author of the national bestseller Trends 2000, and trend tracking in his new book, What Zizi Gave Honeyboy, a true story about love, wisdom, and the soul of America.
		Salente still tracks trends, but puts a human face on them.
		That, in this case, of his 83-year-old Italian aunt Zizi, who raises some very tough questions.
		Are we better off today?
		Have we lost too many timeless old world values in the march of progress, and what does the future hold?
		Salente is a pioneer in forecasting, analyzing, and managing trends.
		He designed and currently teaches the first professional course in trend tracking.
		Using his unique perspectives on current events, forming future trends, he developed the Global Nomic Methodology to forecast and manage trends.
		Published and documented evidence proves that the Institute has produced the most accurate, timely, and comprehensive forecasts.
		In addition to providing specialized trend research services, Mr. Celente is called upon by corporations and associations to deliver keynote addresses and seminar presentations worldwide.
		Gotta wonder what he's taught him since Enron Worldcom and Martha Stewart boom, boom, boom.
		Gotta wonder.
		actually don't have to wonder because coming up in a moment is gerald slipper All right, now comes Gerald Salente, our nation's number one trend think tank kind of guy.
		This should be very, very, very interesting because in the first hour, I asked my audience, Gerald, to think real hard about every aspect now of what's going on in our country, you know, the stock market and politics and, you know, internationally, the war, the present situation with our ecological woes.
		I mean, literally to look at every aspect of life as it is right now, the threats we face and all the rest of it, and give me a comfort index figure between 1 and 10.
		1 being the end is nigh.
		In other words, it's just about all over.
		210 being the U.S. and the world have absolutely unlimited prospects.
		It never could be better.
		The economy is roaring.
		People have a very, very high standard of living.
		Threats are few.
		The safety level is wonderful.
		We all feel warm and fuzzy.
		That would be a 10.
		And of course, then there'd be gradients in between.
		And we got some pretty interesting responses, probably averaging like, say, about five.
		I'm going to say about four to five, somewhere in there.
		On average.
		Took a whole bunch of calls.
		And that's how people seem to feel.
		Now, it's a very tiny sample and not large enough to be statistically worth it to.
		But now we've got you.
		And so we're going to ask you the same thing.
		Gerald?
gerald celente ▲ ● ▼		I would say I would rate it around a three.
art bell ▲ ● ▼		Oh, three.
gerald celente ▲ ● ▼		Yep.
		I think that we can see that we're headed for certain disaster in a lot of ways, economically, geopolitically, socially, morally.
		And if the course isn't changed, well, the iceberg is lying ahead.
		But I think people are, they want to call themselves optimists.
		So you could call yourself an optimist, so you can say after the ship hit the iceberg, that, hey, wasn't dinner great last night and the band, they played terrific right up into the end.
art bell ▲ ● ▼		Well, one of my callers, one of my optimists who gave us an eight, said, you know, who are you kidding?
		I mean, technology is going to save us.
		Whatever the present woe is, not to worry because the scientists are going to pull our fat out of the fire.
gerald celente ▲ ● ▼		I'm in my mid-50s.
gerald celente ▲ ● ▼		I grew up hearing the science is going to have a cure for cancer just about all my life.
art bell ▲ ● ▼		I know.
gerald celente ▲ ● ▼		And, you know, it's basically childish thinking to think that technology is going to get us out of this when it's us that's putting us into this.
		You know, as we change into this new millennium, and you mentioned about Martha Stewart, the accounting firms, the Catholic Church, big-name authors who plagiarize, corporation after corporation that's cooking the books, and these politicians, why, you know, they're of a breed of only a mother could love.
		And we have to ask ourselves, what's going on over here?
		Our most trusted institutions can no longer be trusted.
		It's a sign of the times.
art bell ▲ ● ▼		Now, the president gave a speech today that was billed for the Wall Street types.
		Really, calling for the accountability, putting more white-collar folks in jail for what they do and that sort of thing, increasing the penalties.
		Wall Street took a look at that and a listen to that and went down 178 points today.
gerald celente ▲ ● ▼		Well, sure.
		I mean, that's just what do they call these things photo opportunities.
		You know, I'm from the Bronx.
		We used to call those things publicity stunts.
		And they huff and bluff all the time.
		You know, when the Enron thing started to collapse, you know, they told us they were going to get tough and the politicians fought for the limelight.
		But, you know, right after the smoke died down, the toughest laws were all but dead.
		And it goes on and on, issue after issue.
		Now, things are serious here.
		And Wall Street knows it.
		You know, I could never figure out.
		I remember this woman who was the CEO of Mattel, and as she drove the company into the ground, she was given this huge bailout.
		They call them golden parachutes.
		She's not alone, a whole bunch of them.
		You know, these aren't golden parachutes.
		As I look at this now, my belief is that that's hush money.
		These corporations aren't making any money.
		You can't make money in a global society.
		In economic terms, it's called an imbalance between productive capacity and purchasing power.
art bell ▲ ● ▼		Boy, I thought I was cynical.
art bell ▲ ● ▼		Boy, you're really just outdoing it.
gerald celente ▲ ● ▼		It's not a question of being a cynic.
		It's a question of these are the facts.
		You have open markets.
art bell ▲ ● ▼		Well, let me ask you this, Gerald.
		Enron, WorldCom, Stuart, problems.
		Do you think that this is it?
		Or do you think that, in other words, how many more shocks, major shocks like this, do you think might be out there?
gerald celente ▲ ● ▼		I think you're going to start seeing it corporation after corporation.
		They're not making money.
		They're just not.
		A lot of them are.
		Some of them, many of them are.
art bell ▲ ● ▼		A lot of them aren't.
art bell ▲ ● ▼		You're talking about a collapse.
gerald celente ▲ ● ▼		We're talking about a collapse.
		We're talking about the Dow probably going down to 7,000.
		And if there's another terrorist Attack, the country is going to go non-stop into a depression.
		It barely withstood the terror attack of 9-11.
		If there's another one, you know, all bets are off.
		So, no, this is not going to turn around.
		As I said, there's also this other childish belief that, you know, well, things have to get worse before they get better.
		That's not the way it works in life, whether it's a chronic disease or the economy.
		You know, we have such a short-sighted view of the world.
		We go back to the last recession or even the last depression.
		You know, empires come and go.
		And the way this one is heading, it could be on its way out.
art bell ▲ ● ▼		If it is on its way out, just speculatively, Gerald, there's always going to be an empire.
		It just might not be us anymore.
		But where would you think the next empire would begin to form?
gerald celente ▲ ● ▼		We could go through also a dark age, as there's that vacuum there.
gerald celente ▲ ● ▼		And that's what we really fear right now.
art bell ▲ ● ▼		I mean, right now we're the only superpower really left.
art bell ▲ ● ▼		You know, we are.
gerald celente ▲ ● ▼		Exactly.
		So if we go, then it's kind of chaotic out there.
		And that's what we're concerned about.
		This could be the beginning of a dark age, or we also have the opportunity of it becoming a renaissance.
		But nothing is going to change.
		It's not going to be technology that makes the change.
		Nothing's going to change until people change.
		These politicians don't fall out of the sky.
art bell ▲ ● ▼		When did you begin to conclude all of this?
		Because you weren't this negative on the economy before.
		I mean, to call you negative on the economy is understating almost the way you've come at it here.
		You're just not hopeful at all.
		So when did all, I mean, was it these, the Enrons, the WorldComs?
gerald celente ▲ ● ▼		No, no, no.
		It was when globalization really started to take hold.
		You see, when people talk about issues like globalization, they say, well, it's good, it's bad.
		We just look at it and say, what is.
		We're political atheists.
		We don't look at things the way we want them to be.
		We just look at them for what they are.
		So let me briefly explain.
art bell ▲ ● ▼		Please.
gerald celente ▲ ● ▼		We call it the five O's.
		The first one is overproduction.
		Worldwide, there's overproduction.
		I could get anything you could get made anyplace else.
		And then the second one is overcapacity.
		They've done it.
		I go now into a store, a Marshall's, I'll buy a Donna Caron shirt that has a $58 retail value that was made in Krizzstand, and now it's selling for $12 with that little red tag on it.
		Here's the difference.
		In the old days when I was a kid, I used to hear, no one has the skilled workforce of the American worker.
		Well, guess what?
		That's not true anymore.
		Number two is, when I was a kid, and coming from a large family of seven children, when you bought something inexpensive in the stores, it was cheap.
		It was made cheap.
		It looked cheap.
		Now you can buy good at a low price.
		The third O is overpopulation.
		If you start from whenever zero was and go to 1920, there were 2 billion people.
		Now we have 6 billion people.
		What that means with overpopulation is you have a nearly infinite supply of cheap labor, according to the World Bank.
art bell ▲ ● ▼		But you know what you're saying?
		It sounds kind of good in a way.
		I mean, if we can continue to be the masters of information technology and we can sort of continue to, I don't know how else to put it, rule the world more or less, then, you know, goods are cheap and plenty, and that's a good thing, isn't it?
gerald celente ▲ ● ▼		It's a good thing if you're only selling information technology and the rest of the world needs it and you're the only one that has it.
		But how about all these other jobs that you need in the United States?
		For instance, only 25% of our adult population has four years of college or more.
		and today is not really a for the uh...
		a college diploma it's worth a little bit more than a high school diploma when i got out of school so what i'm saying is in the old days why why What?
art bell ▲ ● ▼		I said, why is that?
art bell ▲ ● ▼		That a college diploma now is worth a little more than a high school diploma when you graduate.
gerald celente ▲ ● ▼		Well, in the sense that in the old days when we had all of these high-paying blue-collar jobs, you could get something with that high school diploma.
		Now we no longer have those high-playing paying blue-collar jobs.
		The gap between the rich and the poor is the widest in the United States in any of the industrialized nations.
		So then we stay with overpopulation.
		We have half the world, according to the World Bank, which is hardly a left-wing institution, earning living on $2 a day.
		So then we have open markets.
		Well, the stuff flows freely.
		Now here's where internet technology comes in.
		We have online.
		25% of the world gross product comes from manufacturing and raw material processing.
		That's where all that B and B stuff really works well.
		When you put all these O's together, what you have is an economy with too much product, wages declining, and a long downward trend of companies not being able to make money.
		Competition is global and it's fierce.
art bell ▲ ● ▼		And if the information economy is going to be the answer, then when we look at the investors and what they've done with the NASDAQ, that says otherwise.
		The money says otherwise.
		I mean, we've gone from, what, 5,000 something or another down to 13 something or another.
gerald celente ▲ ● ▼		You know, over 70% of the equity has been lost.
		Information technology is only going to go so far.
		That's, again, Art, that's one of the big lies.
		The internet was called a revolution.
		It wasn't a revolution.
		It was an evolution.
		It was telegraph, telephone, radio, TV, internet.
		A revolution is burning whale oil and gas lamps to electricity.
		From horse and buggy, from Julius Caesar to Grover, Cleveland, or the world leaders Going to their inaugurations and coronations by horse and buggy to automobile and airplane.
		That's a revolution.
		And even with those revolutions, we had those boom-bust cycles.
		I love the media.
		You know, these are the guys and women that pumped up this fake new economy jargon.
		Remember that one when we wouldn't see old economic cycles ever again?
art bell ▲ ● ▼		Yeah, I know.
art bell ▲ ● ▼		Well, it's always the last war, too, right?
gerald celente ▲ ● ▼		Yeah, the last war.
		I forgot that one.
		Oh, Dow 36,000.
		So there is no new economy.
		The old fundamentals don't go away.
		And what we're saying now in that 2002 looks a lot like 1932.
		It looks like 1932 because you're going to start to see trade wars.
		Pick up the newspapers, you're seeing immigration problems around the world.
		Pick up the newspapers, you're seeing a rise in nationalism.
		You can already start seeing that there's going to be a split between Western Europe and Eastern Europe.
art bell ▲ ● ▼		Well, what's the matter with the rise in nationalism?
gerald celente ▲ ● ▼		Nothing's wrong with it.
art bell ▲ ● ▼		What is it?
gerald celente ▲ ● ▼		What it is saying is what it's going to signal is a closing of this global economy.
gerald celente ▲ ● ▼		We see when times are good, you can paper over, you know, differences between friends and foes.
art bell ▲ ● ▼		Sure.
gerald celente ▲ ● ▼		But now, as things get tough, name-calling starts, scapegoats.
		People are going to start looking out after themselves.
		You think World War II, I mean, you know, we're taught, you know, it was this bad man in Germany, and that's how the war started.
		How about the trade wars that were going on?
		You look under the underlying factor of any war, and as the Democrats said in the old days, it's the economy stupid, and it's no different today, and it'll be no different tomorrow.
art bell ▲ ● ▼		What will it is the economy stupid, and that's what applies to presidents and prospects for presidents, and while the president enjoys pretty good approval rating right now, finding back those nasty terrorists, you know, ultimately this is going to be called the Bush economy.
art bell ▲ ● ▼		And what does that portend for President Bush when he's running?
gerald celente ▲ ● ▼		It's difficult to say now.
		I mean, we can look at his father and remember the Gulf War and how high his popularity was, and then along came the recession, and people forgot about the Gulf War.
		But this is different.
		If the terrorism card continues to be played, if there is another terrorist attack of sorts, the nation will rally behind him.
		So it's really difficult if those things don't happen and we're in the kind of state of mind that we're in now.
		But then again, you know, who are the Democrats going to roll out?
		A new Gore?
		A Dashel?
		I mean, you know, this is the two-headed one-party system.
		There's a dime's worth of difference between them.
		So, you know, he could win again.
art bell ▲ ● ▼		All right.
		Listen, hold on.
		We're at the bottom of the R. He's my kind of guy.
		Actually, he's more than my kind of guy.
		Even I am not quite that cynical and pessimistic.
		He would call it realistic, and that may be the truth, but he outdoes me.
		And I'm, you know, I've been a little negative lately, I admit to you, feeling a little negative on the economy and everything else, too.
		We'll be right back from the high desert.
		I'm Art Bell, and this, of course, is Coast to Coast AM with Gerald Celente, the nation's number one trend guy.
unidentified		You're listening to Art Bell Somewhere in Time on Premier Radio Networks.
		Tonight, an encore presentation of Coast to Coast AM from July 9, 2002.
		And I'm smiling, walking miles to drink your water.
		You know I love to love you, and above you there's no other.
		We'll go walking out while others shout, oh.
		What disaster?
		Oh, we won't get married.
		What disaster?
		A very old friend came by the day.
		Oh, he was happy everyone.
		And he played a play to play.
		He talked and talked, and I heard him play that he had fucking hand.
		And he'd bring it up anywhere.
		and reasoning of his latest fame.
		Though I smiled the tears inside were burning, I wished him luck and then he said goodbye.
		He was gone but still his words kept returning.
		What else was there for me to do with crime?
		Would you believe that yesterday?
		Wouldn't be my time to me.
		The latest thing Though I smile, the tears inside were burning I wish to walk in the stairs and fire You're listening to Art Bell Somewhere in Time on Premier Radio Networks.
		Tonight, an on-course presentation of Post-AtPost AM from July 9th, 2002.
art bell ▲ ● ▼		The forecast so far, not too rosy.
		Gerald Salente is here, considered to be the number one trend guy in the U.S., director of the Trends Research Institute.
		We're talking about things in general, and I suppose in some specific detail as well.
		He thinks about all this kind of stuff, and in a moment, more.
		You know, I'll tell you what we want to ask about.
		He'll be listening, so he'll know.
		If a company, like a big company, like a WorldCom or something like that, gets in trouble or any of the other, the Enrons or whatever, then that's one thing.
		But then you begin to look beyond those large companies to the support mechanism for them, the American economy.
		And there you get to the banks.
		Now you get to the banks.
		Now, if large companies are in trouble, then eventually the banks are in trouble.
		And when the banks begin to get in trouble, well, I think you know what happens from there, don't you?
		Once again, here is Gerald Salente.
		Gerald, you know, even before we get to the banks, we'll get to those in a moment.
		Let me ask you about something kind of technical in the market.
		I love to watch the market, and I watch a lot of market reports.
		And when you go to these market technicians, they're of two minds.
		One half of them seem to believe that there has to be this capitulation, this point where people really go berserk and lose all trust, and there's this massive, horrible sell-off on Wall Street.
		And about half of them are hoping for this because to them, it will be the bottom, it'll be the end, and then the market builds from there.
		So they're waiting for this capitulation, this Terrible landslide to occur, and they're hoping for it.
		And then there's these second camp that thinks that it'll just slowly keep eroding away day by day, week by week, and it'll be a slow continued erosion, no capitulation to come.
		What do you think?
gerald celente ▲ ● ▼		Well, I think that capitulation thing, that's another one of those made-up theories, you know.
art bell ▲ ● ▼		Yeah, probably.
gerald celente ▲ ● ▼		In the sense that stocks are still trading about 40 times PE ratio when, you know, the common thing is around 14.
		They're still way overvalued.
		You know, I remember these ads that they used to run when the market started unraveling.
		I don't want to mention the firm, but it's one of the big ones.
		And the guy would come out, you know, and there'd be like a town hall kind of meeting setting.
		And he would say, just relax.
unidentified		Don't panic.
unidentified		The stocks will bounce back.
gerald celente ▲ ● ▼		And it's a joke.
art bell ▲ ● ▼		Well, that's what most brokers are saying to their customers.
gerald celente ▲ ● ▼		Well, I think that's why they call them brokers, because you're broker than you were had you not been dealing with these people.
		I mean, this capitulation, they make up these stupid things.
		I remember when, you know what they call this?
		A profits recession.
		I remember that one.
		Yeah, no kidding, aren't they all?
art bell ▲ ● ▼		A profits recession.
gerald celente ▲ ● ▼		A profits recession.
art bell ▲ ● ▼		All right.
		Well, now the banks.
		You know, I'm hearing some disturbing things about banks in Japan, disturbing rumors in, of course, Argentina.
		And, you know, the company's getting in trouble is one thing.
		But then when you look beyond what that means, one of the things it means is that some banks could start to get in trouble.
		Now, when that happens, then we're all in trouble, right?
gerald celente ▲ ● ▼		Oh, sure.
		You know, exactly.
		You know, the banks have been part of this great speculative boom.
		I mean, they're the ones that fueled it.
		I love it.
		They quote liquidity, you know, cheap money is what it is.
unidentified		A lot of liquidity.
unidentified		Remember we have Mexico?
art bell ▲ ● ▼		A lot of cheap money out there right now, really.
gerald celente ▲ ● ▼		Oh, yeah, yeah.
		You keep lowering interest rates, and it gets cheaper and cheaper.
		And look what happened with Mexico back, you know, go back to the late 90s.
		Remember, we had to bail them out?
		People forgot that one.
		And they're going to keep tapping us for more.
		Remember, they tapped us for the bailout of the SNLs?
		You see, we have to keep the country club going.
		You know, so us, you know, the bartenders, the ground keepers, the busboys, the janitors, us working people, or as Leona Helmsley, you know, her, she called us the little people.
art bell ▲ ● ▼		The little people, yeah.
gerald celente ▲ ● ▼		You know, we're the ones that are keeping it going.
		So they can make all the mistakes they want, but guess what?
		They'll get the money from us one way or another to keep them living in the style that they've been accustomed to.
art bell ▲ ● ▼		Well, there is perhaps one mistake they can't afford to make, and that's one they may be making right now, and that's to absolutely lose the confidence of the investor if that occurs.
		And you said it.
		I mean, it really is close.
		It's close.
		When people are afraid to put their money someplace because they think there's crooks there, then, oh, I tell you, you could be, I mean, it could be just a collapse, period.
gerald celente ▲ ● ▼		There can be a collapse, and it's not going to be a question of faith.
		It's going to be a question of fact.
		They're going to have to show the numbers now.
		They won't be able to hide them.
		And as I said earlier, they call these things, they make up these phony things like golden parachutes.
		It's hush money.
		They paid off these people to shut their mouths as they threw them out.
		Now they have to show the bottom line.
		And the bottom line art is going to be they're not making money.
		And that's what investor confidence is all about.
		Hey, they're paying dividends.
		The company's making money.
		Boy, money will flow into the stock market.
		I used to call it criminal optimism.
		You know, when they used to come out and tell us, you know, these companies that we should put our money with.
art bell ▲ ● ▼		Criminal optimism.
gerald celente ▲ ● ▼		You know, I'm an Italian.
		If the Italians did what these guys are doing, they'd call it a mafia scam.
		But you dress these barkers up in three-piece suits with their blue shirts and white collars, and they call them Wall Street analysts.
art bell ▲ ● ▼		Yeah.
		Watching the Wall Street Reporters on CNBC and the Fine Fox financial channel and stuff is almost almost entertainment, actually.
		They're pulling out their hair on TV.
gerald celente ▲ ● ▼		Yeah, well, you know, and what I love is how these guys on CNBC that got called the economy wrong continually, now they've even, the PETA principle is at work, they've elevated them to their highest level of incompetency.
		Now they even comment on foreign policy issues.
		You know, it's a joke.
		Look, this is one of the reasons why people can't see what's coming.
		It's because of the junk news, the dumbed-down media.
		I have in front of me a New York Times story.
		It's almost a half a page from January 15th, 2002.
		Hardly ancient history.
		And this is the headline.
		How to persuade the young to watch the news.
		Program it, news executives say.
		And here's what they go on to say.
		In a May-December romance, CNN began collaborating with MTV last month to produce sassier news segments.
		That's what we need.
		Sassy news.
		They took these dot-com refugees and now they have them reading the news.
art bell ▲ ● ▼		You think it'll succeed?
gerald celente ▲ ● ▼		Well, it's succeeding in making more stupid news.
art bell ▲ ● ▼		Well, I know, but I mean, still, my question is, will it get ratings?
art bell ▲ ● ▼		Will it succeed?
gerald celente ▲ ● ▼		But they've all got dumber.
art bell ▲ ● ▼		Well, I didn't...
		They're dumber.
		The question is, is it going to succeed?
gerald celente ▲ ● ▼		It will succeed in the sense that they will keep the same kind of audience.
art bell ▲ ● ▼		It will succeed if they get the ratings and are able to sell sponsors on the fact that they have the ratings.
		So that's the only question.
		Will it get the ratings?
		It's like 50%.
unidentified		I don't know.
gerald celente ▲ ● ▼		But there's another quote in here.
		People should enjoy watching the anchors.
		people should enjoy watching.
		And the anchors are having as much fun as the audience, says the manager of CNN Headline News.
		Guess what?
		This isn't about fun.
		And this is why Americans can't see what's happening.
		They don't have a clue.
		I love these things.
		They call it the global minute.
		I learned about a bus crash in Hungary where five people died.
art bell ▲ ● ▼		Global minute.
		Well, I don't know.
		You know, CNN, I guess, is realizing that they have to make news have a certain entertainment quotient and be palatable in a contemporary way.
		And maybe that means doing exactly what they're doing.
gerald celente ▲ ● ▼		And it's fine.
		They could do whatever they want.
		But what's happening is that the people rely on, most people rely on TV news, and they're just getting junk.
		More and more junk.
		I call it, well, if they're going for a younger audience, which tends to be immature, inexperienced, and inclined to frivolity, I call it kitty litter.
art bell ▲ ● ▼		Kitty litter.
art bell ▲ ● ▼		Well, we've come a long way since Walter Cronkite, haven't we?
gerald celente ▲ ● ▼		Long way down.
art bell ▲ ● ▼		Yeah, I guess.
		So is television then a reflection of the state of society or what?
		It is.
		It is.
		So when we watch TV, then we can conclude certain things about ourselves, right?
unidentified		We are them.
art bell ▲ ● ▼		We are them.
gerald celente ▲ ● ▼		If we're watching that junk and believe it.
		And, you know, before 9-11, we keep journals over the events as they happen each day.
		There was a plane, two private planes had landing gear problems, and the major networks, this is in August of 2001, cut away from regular broadcasting to watch these two planes land safely.
		And they quoted the head of MSNBC saying something to the effect that, well, it's either this or more Gary Condant in the dog days of summer.
		Well, a week and a half later, the World Trade Center and the Pentagon were hit.
art bell ▲ ● ▼		Well, I was getting sick of the condom thing.
gerald celente ▲ ● ▼		Well, that's what I'm saying.
		But why would they keep programming that?
		Why not look at the underlying causes of what's going on around the world, the underlying problems that are going on around the world, and trying to assess the implications?
art bell ▲ ● ▼		Well, tell me, Gerald, what drives the media?
gerald celente ▲ ● ▼		Well, what drives the media are advertisers.
art bell ▲ ● ▼		And what drives the advertisers?
gerald celente ▲ ● ▼		Advertisers want to play it safe.
		They don't want anything associated with their product.
		They may seem gloom and doom, not happy-faced.
art bell ▲ ● ▼		That's true.
art bell ▲ ● ▼		But they want ratings.
gerald celente ▲ ● ▼		And they want ratings.
art bell ▲ ● ▼		Most of all, they want ratings.
art bell ▲ ● ▼		Right.
gerald celente ▲ ● ▼		And they don't care about what's going on in Argentina.
		That country is in a revolution.
		It's a revolution there.
		There's a coup attempt that happened in Venezuela.
		They're on the verge of a civil war.
		Remember Mexico that was going to thrive from NAFTA?
		Well, without us buying all their products, there's a severe recession going on there, and that place is going to unravel next.
		Along with Brazil, the reality of currency is at all-time lows.
art bell ▲ ● ▼		How would you expect Mexico, and I've been a frequent visitor to Mexico, I like Mexico, and you ask Mexicans when you're there about the state of things, and they say there's going to be a revolution.
		That's what I've heard.
		You know, the cab drivers will tell you there's going to be a revolution in Mexico.
		The common people think one is coming.
		What form do you suppose it will take?
gerald celente ▲ ● ▼		I don't know, but here's something that I've just come to the conclusion of in the United States.
gerald celente ▲ ● ▼		If there's a revolution in this country, it's going to come from the Timothy McVeigh-type militia groups because they're the ones that see our First, Fourth, Fifth, and Sixth Amendment rights being taken away from us on virtually a daily basis.
art bell ▲ ● ▼		Yeah, well, there's another trend.
		I had a call in the first hour about the Patriot Act.
		Now, we've got two things going on here, Gerald.
		We've got these al-Qaeda guys and their friends who want to kill us dead on the one hand, and on the other hand, we have a Constitution.
		And we have to protect ourselves and or fight in some way against these people who want to kill us, because that's what you do with people who want to kill you.
		But the only way we can do that is by sacrificing some basic tenets of what's in the left hand of the Constitution.
		So that's a trend.
		Where's all that going?
gerald celente ▲ ● ▼		Well, you know, I'm not a Monday morning quarterback on this art because in one of my the book before this, not my current book, what Zizzy Gave Honeyboy, but Trends 2000, I wrote about, and this was written in 1995.
		It was published, it was a Warner book.
		It was published in, it came out in December of 96.
		I wrote about Crusades 2000 and Terrorism, the Genie Uncorked.
		So to answer your question about the constitutional rights, I wrote, like the other Washington, because I wrote this as though you're waking up in the new millennium and, quote, terrorism is pandemic.
		Like the other Washington-declared wars on drugs, crime, and so on, this war would not be won by hiring more police, building more prisons, broadening the enforcement powers of government agencies, or depriving citizens of their constitutional rights.
		As with crime and drugs, the war on terrorism would provoke impassioned rhetoric, cost billions, claim countless casualties, and do little or nothing to prevent the trend from escalating.
		I wrote that in 1995 in Waking Up in the New Millennium.
art bell ▲ ● ▼		Very insightful indeed, because there we are.
art bell ▲ ● ▼		Here we are.
gerald celente ▲ ● ▼		Here we are.
art bell ▲ ● ▼		So if you were to have to sit down and put a pen to our future based on the reality of what you said now coming true, what you said in 95, what would you write about the future?
gerald celente ▲ ● ▼		The same thing I wrote in 95.
gerald celente ▲ ● ▼		I said, until the United States gives up taking sides in foreign internal conflicts, policing the world and using its powers to, quote, spread democracy and quote, open markets and to protect special interests in the name of national interests, the terrorism trend will continue.
art bell ▲ ● ▼		So it's your view that we ought to keep our noses out of everybody else's business.
gerald celente ▲ ● ▼		It's my view that if we don't again as a kid growing up in the Bronx, it was a saying, payback's a bitch.
		And if under the Clinton administration, for instance, that most people don't know, Iraq was being bombed on a virtually weekly basis.
		If you're an Iraqi, you might not like that.
		There are a lot of people in the Middle East that do not agree with United States foreign policy.
art bell ▲ ● ▼		Actually, now we're talking about going to attack Iraq again.
gerald celente ▲ ● ▼		You want to hear something that I, again, with the news and these idiots that call themselves reporters, they're coming out talking about inoculating the country with smallpox vaccines.
art bell ▲ ● ▼		Don't look at the government first, Gerald.
gerald celente ▲ ● ▼		No, the government first.
		But in anticipation of reprisals of a biological attack if we attack Iraq.
		Hey, guess what?
		I have a solution.
		Don't attack Iraq.
art bell ▲ ● ▼		Well, but wait a minute.
art bell ▲ ● ▼		there's also the possibility that will be attacked with smallpox whether or not we don't correct i mean these are a little bit that is that that i'm done Now, if that's a way to kill us, they're going to try.
gerald celente ▲ ● ▼		No, I was being a bit facetious.
art bell ▲ ● ▼		Okay, well, so.
		So then, what do you think we ought to do?
		I mean, if we're attacked with smallpox, for example, and it's very deadly and a lot of people die, wouldn't it be politically implausible to imagine we would do anything but nuke somebody somewhere?
gerald celente ▲ ● ▼		Well, again, and then, you know, that's why I'm going to try to boogie until the lights go out.
		I mean, this thing just keeps escalating until madness.
		You know, remember the bravado that they were going to root out terrorism around the world and rid the world of evil?
art bell ▲ ● ▼		Oh, yeah.
gerald celente ▲ ● ▼		You know, and how, and then again, you know, as I said, a lot of people out there don't like what we're doing, and people could comment, well, we have to do this.
		It's how it's fine.
		Knock yourself out.
		All we're saying is if you do this, expect a repercussion from the implications from what you do.
art bell ▲ ● ▼		Well, I guess we could withdraw all our forces worldwide, and we could become isolationist and not ever tamper in anybody's foreign policy, not assure that we keep the oil flowing.
		And, you know, that's the kind of stuff we're doing, right?
		We're assuring that the oil will continue to flow in the best interest of the U.S. and our economy and all the rest of it.
gerald celente ▲ ● ▼		I wouldn't say in the best interest of our economy to keep the oil flowing.
		I would say in the best interest of the people that are in the oil business.
		And the best interest of our economy would be to have, if it's not already done, a Manhattan project on an alternative energy.
art bell ▲ ● ▼		That'd be good.
art bell ▲ ● ▼		But right now, we're an oil economy.
gerald celente ▲ ● ▼		Well, again, you know, with World War II, you know, we did this thing in no time.
		And with the brain power, it could be done.
		So it's either we're going to sacrifice our lives for oil.
		And if I remember a quote from former Secretary of State James Baker at the Iraq war, and when he asked what the war was about, remember, we went to war by only one vote.
art bell ▲ ● ▼		Yes.
gerald celente ▲ ● ▼		I think Al Gore tipped it over.
art bell ▲ ● ▼		Yes.
gerald celente ▲ ● ▼		He said, it's about jobs.
art bell ▲ ● ▼		Which is about oil.
gerald celente ▲ ● ▼		Which is about oil.
art bell ▲ ● ▼		All right, hold on.
		We'll take a break.
		Appropriate piece of bumper music?
unidentified		I think so.
art bell ▲ ● ▼		I'm Arkbell.
unidentified		This is Coast.
		You're listening to Arkbell Somewhere in Time.
		Tonight featuring a replay of Coast to Coast AM from July 9, 2002.
		We'll be right back.
		We'll be right back.
		What would become of me?
		What I love about the billy I would go on me the brown behavior in the moment.
		you've got plans carry your cup in your hand look around you're brown and the time is a hazy day And I'll be your bed.
		That means you're baby.
		You're not awake, goodbye, breathe.
		But you can make a bed.
		Look around, grab it high, this is the right, it's the springtime of my life.
		Thank you.
		We will change my little week and we'll be kind in a little dream.
		Won't you stop and remember me?
		It's around me, it's around me You're listening to Arch Bell somewhere in time.
		Tonight featuring the replay of Coast to Coast AM from July 9th, 2002.
art bell ▲ ● ▼		The shade of winter sounds good, doesn't it?
		Here in Brum Devana today was 118 degrees.
		That's a little scary.
		It's midnight after midnight right now.
		Temperature here is 92 to 95 degrees, depending on where you are in the valley.
		Imagine that.
		I wonder what it's going to be tomorrow.
unidentified		Oh, man.
unidentified		Oh, man.
art bell ▲ ● ▼		Common news was just talking about the heat wave across America, especially the southwest right now, and it is brutal.
		I mean, it's really brutal.
		It was 118 degrees here today.
		And California, I understand, went into a stage one alert.
		That means their electricity is beginning to get into the marginal territory where they might not have enough.
		And can you imagine a blackout in parts of California reach the same kind of temperatures it does here?
		Can you imagine a blackout at 118 degrees or worse?
		And it is getting worse.
		It wouldn't be survivable.
		So trend-wise, why don't we look a little bit at the state of the world?
		The Observer in London, Gerald, just published this World Wildlife Federation thing that said, basically, we're using up resources so quickly on the planet and plundering the planet so quickly that by the year 2050, Earth, in essence, will expire, and we better have a couple of other planets to go to because that's really how bad it is.
		Now, that might be an exaggeration on their part, but they go on to state a lot of facts here about the state of the world's ecology, which is not very good, really.
		And so even if you imagine it's somewhere in between the best and what they think, it's not good.
		What do you think about trends ecologically?
gerald celente ▲ ● ▼		Well, you know, as far as trends ecologically, we're digressing.
		I mean, I think that's really clear.
		And there's just not a zeal among the people to force a new direction.
		And until they're living in 118 degrees with no air conditioning or no power, then maybe things will change.
		And there also are the wild cards.
		And I'm not looking at this as all gloom and doom.
		There may be an alternative energy.
art bell ▲ ● ▼		It better hurry up.
gerald celente ▲ ● ▼		And if something like that happens, then hopefully some of this can be reversed.
art bell ▲ ● ▼		Right.
art bell ▲ ● ▼		It had better hurry up.
gerald celente ▲ ● ▼		It had better hurry up.
		And again, we're a nation that put together an atomic bomb in no time.
		I mean, here we're in the 21st century and burning fossil fuels.
		It's a pretty fossil idea.
		We have the manpower, the woman power, all kinds of power to make this happen.
		Just the desire, isn't there?
art bell ▲ ● ▼		You talk about a psychological reign of terror coming from the middle class, that the gap is widening between the rich and poor.
		How is that going to manifest itself?
		Are there going to be a whole bunch of McVays?
		Are there going to be a whole bunch of internal people maybe sending anthrax off and doing these kinds of things?
gerald celente ▲ ● ▼		There may well be.
		And we think that's where it's going to happen.
		Because I mentioned earlier about the loss of our constitutional rights.
		This is not a democracy that we're living in.
		We're living in a plutocracy.
		A plutocracy, by definition, is a government controlled by the wealthy.
		And that's not a radical statement.
		That's a fact.
		Right here in New York, we have Mayor Bloomberg.
		What did it cost him $77 million to run for mayor?
		We can't run for office of any national stature unless we're very rich or suck up to those who run us as their front man or woman.
		You know, kind of like the old days with the cattle rancher putting up the mayor of the town.
		So they're going to fight to get the country back.
		And we really believe it may well happen.
		And when you look at what's going on with this, the concentration of wealth, you know, who makes $100 million?
		How do these people walk off with $100 million?
		Nobody makes that kind of money unless you're stealing it.
		And they're stealing it from us.
		Because what's going to happen, Hart, is these pension programs, as all the baby boomers start hitting retirement age and the retirement programs, they're not going to have any money in them because they were lost by these crooks who stole it and left the country or put it into other hidden places.
		So we're going to see a revolution, and we think it's going to happen from the angry middle class.
		And the reign of terror, by the way.
art bell ▲ ● ▼		And how far would we be?
		Well, you know, an angry middle class would have the ability to really conduct a reign of terror, all right?
		How far from that kind of breakpoint do you think we are?
gerald celente ▲ ● ▼		The breakpoint will be determined by the economy.
		If the economy collapses into a near-depression level downward spiral, that kind of thing may happen, or it may be fostered again by more and more taking away of rights.
		You know, there's a number here.
		One half of 1% of the population in the United States, and this is from my book, Trends 2095, back then they owned 40% of all assets, one half of 1%.
art bell ▲ ● ▼		Yeah, and I'm told that there's a truth about our present system, and that is, and maybe you'd want to argue with this, maybe you can argue with this, that if for a day we had to become communist and all of the people with all the small percentage of people you just talked about with all the money were to redistribute the money to everybody equally,
		that within a very short time indeed, the same people that have the money right now would have the money again.
		And the same mass of middle class that would get this sudden windfall would dump it right back into the kiddie for that same small percentage of people that had it before.
		Do you disagree with that?
gerald celente ▲ ● ▼		Well, I disagree with it because there was a time in this country when there was a sizable middle class that didn't have to work these moronic hours that we're working now, 24-7.
		I grew up when people didn't work on Sundays.
		And I also remember when politicians used to go out there and talk about how they want to see a strong middle class and increased wages for them.
		You don't hear that anymore.
		Anytime wages go up, Wall Street goes into cardiac arrest.
art bell ▲ ● ▼		That's true.
gerald celente ▲ ● ▼		And also, you know, in my new book, in what Zizzy gave Honeyboy, I point out that when I got married in 1973, 73, my ex-wife was earning $10,000 a day.
		I had just gotten my master's.
		I didn't have a job.
		There was a recession that was starting.
		We lived in a beautiful three-room apartment on the Hudson River.
		We paid $115 a month rent, and we saved money.
		And that's not ancient history.
art bell ▲ ● ▼		Your ex-wife was making $10,000 a day?
unidentified		A year.
gerald celente ▲ ● ▼		I'm sorry.
unidentified		A year.
gerald celente ▲ ● ▼		A year.
		She worked for an accounting firm that was gobbled up by these other ones.
		And they also, we had full medical benefits.
		Because I got a kidney stone my first year married.
		And I had, you know, the best treatment of everything.
		You could get, you know, whatever you had.
		But it was a different America.
		This isn't the same America that we grew up in.
		It's been hijacked by the special interests, by the corporations.
art bell ▲ ● ▼		So there's going to be an increasing anger index in America.
gerald celente ▲ ● ▼		Yes, there's going to be.
gerald celente ▲ ● ▼		We think if it spins out of control, it could be a reign of terror that would unfortunately rival the last reign of terror in the French Revolution.
art bell ▲ ● ▼		Oh, my God.
unidentified		Yeah.
gerald celente ▲ ● ▼		Because what you have are basically noblemen, but they're now kings and queens and princes of commerce.
		It's the same thing.
		It's just different in the type of way they're making money and the throne that they're sitting on.
		As I said, who makes $100 million, $300 million?
		You only make this money if you're robbing it and you have insider information.
		Give me a break.
		These people are not geniuses.
art bell ▲ ● ▼		Well, yeah, you make $100 million if you have a whole lot of stock and you sell it just before the stock tanks.
gerald celente ▲ ● ▼		As I said, inside information.
unidentified		Yeah.
art bell ▲ ● ▼		Yeah, that's how it's done, all right?
gerald celente ▲ ● ▼		That's how it's done.
art bell ▲ ● ▼		All right, you wrote about old trends leading to a new world war.
		Do you believe that our current situation are we sort of sliding into a world war?
		You know, I really do wonder about that.
		The whole terrorism thing, is that sliding us toward another world war?
gerald celente ▲ ● ▼		Not the terrorism as much as the other issues.
		I mentioned one of them being looking at 2002 and making it look like 1932, trade wars.
		There's already retaliatory measures against the United States for their imposing 30% tariffs on imported steel, about bailing out the airline industry, the $15 billion tune, about $200 billion to the agri-industry, and more tariffs on lumber coming in from Canada, on and on.
		So you have trade wars.
		It looks a lot like 1932.
		Take India and Pakistan.
		Does anybody in their right mind think that that issue has gone away?
		That's the Japan and China of the 1930s.
		The issues are different, but the global instability is the same.
		The Middle East, this battle won't end until either all the Palestinians are controlled, killed, or removed from the so-called Holy Land, or Israel withdraws to the 1967 borders as per the Saudi and Egyptian proposals, or if there's a second coming and something miraculous happens.
		So we see all those scenarios unlikely.
		And then we talked earlier about South America, Argentina, Brazil, Venezuela, Mexico, Uruguay.
		You name the country there in big problems.
		Russia and their former satellites, well, look what happened.
		They really didn't cash in during the big economic, phony economic boom of the 1990s.
		It's going to look really bad over there.
		They're going to go back to a new shade of red.
		And then the immigration issues that are sweeping across the globe.
		It's 1932, as we're in 2002.
art bell ▲ ● ▼		There are discussions now about booting out students from suspect countries.
art bell ▲ ● ▼		That would sort of fit right in with that, wouldn't it?
gerald celente ▲ ● ▼		Of course, with the immigration.
		But, you know, there's this other issue about calling this stuff terrorism.
		I keep hearing them say, we're at war.
		Right after 9-11, President Bush unofficially declared a war.
art bell ▲ ● ▼		That's right.
gerald celente ▲ ● ▼		I keep hearing it over and over, we're at war.
		Well, if it's war, it's not terrorism.
		What you have is you have a war being waged by enemy forces lacking the weaponry and an organization needed to fight a battle on the field.
		I mean, this isn't terrorism.
art bell ▲ ● ▼		Well, that's how we fought the British, right?
gerald celente ▲ ● ▼		Exactly.
		Here's a quote.
		What happened, this is from our Trends Journal.
		I wrote in 1930, the U.S. Senate passed a resolution in response to Japan's war with China denouncing, Quote, the inhumane bombing of civilian populations.
		And later, Franklin D. Roosevelt weighed in with a pledge to never engage in such inhumane barbarism.
		But once the battle begins, resolutions are broken and pledges forgotten.
		Quote: Number one, there is no morality in warfare, forget it.
		Number two, when you're fighting a war to win, you use every means at your disposal to do it, said Paul W. Tibbets, pilot of the Enola Gay, the B-29 that dropped the atomic bomb on Hiroshima.
art bell ▲ ● ▼		And you would think that that sentiment would be as true today with the war as it was then.
art bell ▲ ● ▼		So in other words, if we are attacked, you would understand the use of the very worst or best we've got, depending on how you look at it.
gerald celente ▲ ● ▼		But it won't do anything because you can't win a war in new millennium warfare.
		And that's something, again, we've been writing about for years, long before the terrorist attack.
		And new millennium warfare is basically these weapons of mass destruction that you could buy at wholesale prices in the early 1990s with the collapse of the former Soviet Union.
		And we wrote about the hundred suitcase-sized nuclear weapons, you know.
art bell ▲ ● ▼		Yeah, do you believe they're out there?
unidentified		Yeah.
gerald celente ▲ ● ▼		Yeah, they were being reported.
		And again, I'm not pumping this book, Trends 2000, but that was the whole beginning of the book.
		We front-loaded it with all these reports that were moving over the wire services of these rings that were stealing this stuff.
art bell ▲ ● ▼		What do you think, Gerald, would happen if a suitcase nuke went off near Wall Street or in Washington, D.C.?
art bell ▲ ● ▼		I would presume the first two probable targets, right?
gerald celente ▲ ● ▼		Yeah, well, even if it's Chicago or Los Angeles or San Diego, it will have the same effect.
art bell ▲ ● ▼		Yeah, well, if you only have one bomb, you're going to use it where it's going to be.
gerald celente ▲ ● ▼		Yeah, right, right.
art bell ▲ ● ▼		So probably Wall Street or Washington.
unidentified		Yeah.
art bell ▲ ● ▼		So if that happened, if that did occur, would America collapse?
gerald celente ▲ ● ▼		It would probably financially collapse.
		It would cause panic.
		Look at the panic that just a couple of anthrax-laden letters caused.
		Yes, it would, because right now we're in a near-panic position with people wondering what's holding up this house of cards economy that was built on fraud and deceit, greed and lies.
		So you layer on top of this another terrorist attack and you have calamity.
		And by the way, Wall Street knows this.
		They all talk about it, but they don't talk about the extreme of where it can go.
		You know, look at the stupidity of what happened on July 5th.
		The stock market went up, what, 350-something points in the middle of the day?
unidentified		Half a day.
art bell ▲ ● ▼		Half a day.
gerald celente ▲ ● ▼		Right, because there wasn't a terrorist attack on July 4th.
unidentified		What are they out of their minds?
art bell ▲ ● ▼		Is that what you think it was?
art bell ▲ ● ▼		That's what they were reporting.
unidentified		Everybody going, that's what they were reporting.
gerald celente ▲ ● ▼		That's what the media reported.
gerald celente ▲ ● ▼		How can you report this stupid stuff?
art bell ▲ ● ▼		Well, it's already in the first couple of days of this week taking it back anyway.
gerald celente ▲ ● ▼		Of course.
art bell ▲ ● ▼		Oh, God.
		So, you know, if we know this, if you know this, then the terrorists know this.
		And if they do have, I don't know, one of these things, whether it be a bad germ or a bad bomb, then they hold in their hands the economic disintegration of the United States of America.
		Right?
gerald celente ▲ ● ▼		What happened on 9-11 will go down in history as probably one of the most successful military attacks of modern time.
art bell ▲ ● ▼		No question.
gerald celente ▲ ● ▼		It brought down the symbols of the United States and the world's economy.
		Yes, to answer your question, it will bring down the economy further.
		It has already been successful.
		We saw it happen before our eyes.
		Regardless of all the huffing and puffing about getting tough on terrorism and smoking them out and on and on, they did their job and they can do it again.
		And they know what to do.
		And that's why I say if there's a revolution in this country, it could go into a reign of terror because that McVay crowd, the paramilitary crowd, they know how to use this stuff.
		And you're not going to get them.
		Listen, first of all, I don't even know who did the 9-11 attack.
		I mean, again, this is the case of the century or maybe the next two centuries.
		And all I know is that they can't find out who did it to Joan Binet Ramsey and it happened in her house.
		They couldn't find Chandra Levy.
		I saw on television with hundreds and hundreds of police and dogs scouring the area to find her remains and they couldn't find it.
art bell ▲ ● ▼		And there it was, right over in the area where they had searched again and again.
art bell ▲ ● ▼		That was amazing.
gerald celente ▲ ● ▼		They don't know who did it to Chandra Levy.
		Read my lips, no new taxes.
		I promised to put Social Security in a locks box.
		I didn't have sex with that woman, Monica Lewinsky.
unidentified		I have a little problem believing in a lot of this stuff.
gerald celente ▲ ● ▼		I don't know who did it.
art bell ▲ ● ▼		Your confidence level is falling, huh?
gerald celente ▲ ● ▼		Well, you know, they put out a lot of good information to make me lose it.
		So when I say that a terrorist attack within the United States could happen and it won't be stopped, I think there's ample evidence to show that they can't.
		Remember that guy that they were hunting down in North Carolina?
		I forgot what he did.
unidentified		Yeah.
art bell ▲ ● ▼		And he was up in the hills or mountains?
gerald celente ▲ ● ▼		Right, and I kept hearing, well, we go, we have him surrounded.
gerald celente ▲ ● ▼		Where is this guy?
art bell ▲ ● ▼		I don't know.
gerald celente ▲ ● ▼		We still haven't gotten him.
gerald celente ▲ ● ▼		That's like one guy.
art bell ▲ ● ▼		I know.
		Hold on, Gerald.
		We're at the bottom of the hour.
		I'm Art Bell.
unidentified		This is Coast to Coast AM.
art bell ▲ ● ▼		Here to cheer you up in the nighttime.
unidentified		If you're all warm and fuzzy, you're listening to Ark Bell Somewhere in Time on Premier Radio Networks.
		Tonight, an encore presentation of Coast to Coast AM from July 9th, 2002.
		Thank you.
		You say you gotta be cool to be kind.
		I'm sorry.
		Well, I'm doing my best to wonder, but you still find my hair.
		Wrap up and fly and call, look at the bed.
		Can I be cold?
		My whole life can be good for me.
		Have my living to the point.
		I can go back in the moonlight and move.
		When we go to live, you will come and go when you're bothered at your bone.
		You will come and go.
		Wonderful.
		I'm falling down the spiral, destination unknown.
		Double-class messenger, all alone.
		Can't get no connection, can't get through.
		Where are you?
		Well the night with heavy on the kill and mine.
		Head off from the borderline.
		Come here, man.
		No damn well be happy even.
		Happy there, happy and my feminine.
		Premier Radio Networks presents Art Bell Somewhere in Time.
		Tonight's program originally aired July 9th, 2002.
art bell ▲ ● ▼		Good morning, everybody.
		My guest is Gerald Celente, one of our nation's top trend people.
		Actually, number one, number one trend researcher in America.
		And so what he says carries some weight.
		And Banta, it feels like a gigantic piece of lead hanging straight over my head.
unidentified		How about you?
art bell ▲ ● ▼		The bullet hit the bone.
		That's when you'll know.
		Good morning, everybody.
		we'll get back to gerald saletti directly Gerald Salente is my guest.
		His book, by the way, you can zip over to on my website, What Zizi Gave Honeyboy.
		Unusual title, A True Story About Love, Wisdom, and the Soul of America.
		That is a very unusual.
		What Zizi Gave Honeyboy.
		Give me a brief rundown on that book, Gerald.
gerald celente ▲ ● ▼		Well, Zidsy's my 86-year-old Italian aunt, and I put a human face on trends by listening to her.
		And she's been around, and she sees life the way it was and what it has become.
		And she calls me Honeyboy.
		And what inspired me to write the book, different than my other books, was that one day I was washing the dishes in her sink.
		She always prepares meals for me.
		And she's telling me to sit down.
		I'm her guest.
		She can hardly walk.
		But, you know, she's a very generous old woman.
		And as I'm washing the dishes, she said to me, you know, Gerald, I listened to the news all day yesterday.
		What a bunch of, you fill in the word.
		They must think we're all morons.
		And I saw these words coming from this kind old woman's face.
		And I realized the wisdom that so many of our elders have in this country and how it's really pushed aside.
		As I, again, look at the media today with the moronic news, you know, aimed for the young audience.
		And I thought it's really important for us to understand that a generation is leaving that had their foot in the really the ancient past in so many ways.
		You know, they were doing things in her little village in Italy the way they were doing them in the medieval days.
		And now you fast forward in just a short amount of time, and it's, you know, genetic engineering, cloning, space travel.
		So this generation has a lot to offer, a lot to look at.
		And again, it begs the question, are we really better off today for all the progress that we've made, considering the values that we've lost?
art bell ▲ ● ▼		Well, there's another theory, and I'll run this by you.
		And this is kind of my theory.
		But I think that, and how old was Zizi?
gerald celente ▲ ● ▼		Well, now she's 86.
art bell ▲ ● ▼		86 years of age.
		Okay, here's my theory.
		My theory is that every generation is pretty much the same.
		I remember my dad absolutely hated the music that I listened to.
		He thought the world was going to hell in a handbasket.
		And now, why I absolutely, contemporary modern music sucks.
		And I think the world is going to hell in a handbasket.
		And I think that it's God's way of leading us to welcoming death with open arms, Gerald.
		In other words, by the time we get to be in our 70s or 80s, we're so damn sick and tired of what's going on in the world and the way things were and the way they are now that we say, God, take me, I'm ready to go.
		Get me the hell out of here.
gerald celente ▲ ● ▼		Yeah, that's one way of looking at it.
		But then there are the other realities, like we were mentioning about terrorism.
		Look at the breakup of the family.
		Look how long we are working.
		It wasn't like this before.
		Sidzi said to me, and I asked her, what was so different about then and now?
		She said, back then, people had so little, but they gave so much.
		And today they have so much and they give so little.
		And I don't paint the past in rose-colored glasses, you know.
		And they were hanging black people in this country when she was growing up.
art bell ▲ ● ▼		They were, yes.
gerald celente ▲ ● ▼		You know, but there was a different sense of family and community.
		The country was a people's country.
		I have photos in the book.
		A big thing is about dignity.
		I have a photo of her.
		She worked as what they would call a garment worker today.
		She used to inspect nylon stockings at a place called Gotham Hosery down on 33rd Street in New York City.
		And it's 1933, and they're having, there's a photo of the banquet, the Christmas banquet on December 23rd that the company held for the employees.
		This is the height of the depression.
		And you look at this photo, and these people are dressed to the nines.
		They look dignified.
		Today, you don't even get a turkey for Christmas.
		Matter of fact, you might get a pink slip.
unidentified		Well, yeah, that's right.
art bell ▲ ● ▼		Listen, I was a young person in the 50s, and I remember that you could leave your door open.
art bell ▲ ● ▼		In fact, I lived in Connecticut, New Jersey, around the Northeast all over pretty much, and you could leave your door open.
unidentified		We did.
art bell ▲ ● ▼		We left our door open all the time.
		I mean, it never was closed.
		You could just go in and out of the screen door.
		You know, it just stayed open.
		Now, of course, that's unthinkable.
		And I see the trend in crime now is up again, shockingly, after declining for a few years.
		All of a sudden, now, crime is once again on the increase.
		And that's another trend to look at, right?
gerald celente ▲ ● ▼		Well, again, you know, this is old news to us.
		In Trends 2000, we did a thing, criminal elements.
		And what we pointed out was that the rise in crime was again going to happen when the crime-prone teenager, young people, hit their crime-prone teen years.
		So it was only a temporary low because of demographic changes and the temporary economic boom.
		So now what you have is you have this massive group of people in that age group when they tend to commit the greatest crimes at the same time when the economy goes down.
		So you could see it coming.
art bell ▲ ● ▼		So that will continue.
art bell ▲ ● ▼		As the economy tanks, crime will get worse.
gerald celente ▲ ● ▼		Crime will get worse.
		The United States is spending, back then it was spending $31 billion on prisons in 92.
		I mean, you know, so this is, we call it, you know, it's the prison-industrial complex.
art bell ▲ ● ▼		What about the war on drugs?
gerald celente ▲ ● ▼		This has to be one of the dumbest wars ever waged.
		Again, it's like the war on terror.
		It won't be won.
		What did they spend $250 billion or more fighting this losing battle?
		And this is another point that I make in my book, What Zizzy Gave Honeyboy.
		Zizzy smokes.
		She smokes like crazy.
		And I hate the smell of the smoke.
		So one day, you know, I'm complaining, and she said, would you rather I smoke pot?
		And I said, well, at least, you know, you get high.
		It wouldn't kill you.
		And, you know, and I started looking at the numbers.
art bell ▲ ● ▼		But wait a minute, Zizzy is how old?
gerald celente ▲ ● ▼		She's 86.
art bell ▲ ● ▼		86.
art bell ▲ ● ▼		Okay, well.
gerald celente ▲ ● ▼		But the point that I'm making, Art, is I started looking at the numbers on who's getting, you know, on how many people are dying from cigarette smoking.
art bell ▲ ● ▼		Yes.
gerald celente ▲ ● ▼		And I think it's like 300,000, 450,000 people a year.
		It's costing us like $300 billion in medical costs.
		Yet the prisons are filled with people selling marijuana.
		And, you know, what's going on here?
		Marijuana, you put all the hard drugs together, all of them, cocaine, heroin, you're talking about 5,000 people a year.
		So what's the sense?
		I don't understand.
art bell ▲ ● ▼		Well, I do.
		I do.
		I do.
		The power structure in America regards drugs with some reason as anti-productive, anti-capitalistic, anti-productive.
		In other words, get high, get lazy, don't go out, get a job, sit back, contemplate the nature of the world or your naval or whatever.
		But that's not productive ultimately.
		That's not good for America.
		That's not good for the way our economy works if people get high and lazy.
		And that's why we have laws against it.
		What do you think?
		Is that true?
gerald celente ▲ ● ▼		Look, it may well be.
		You know, it may well be.
		But, you know, we're talking about prisons and we're talking about what's going on in society.
		And what we have is then you could throw in on alcohol on top of that one.
		That's killing 150,000 people a year, and it's costing an estimated $150 billion annually.
art bell ▲ ● ▼		Well, I just think generally drugs are viewed as anti-capitalistic.
gerald celente ▲ ● ▼		Yeah, you're probably right.
gerald celente ▲ ● ▼		But, you know, didn't they just, I think, decriminalize it in England today?
art bell ▲ ● ▼		Did they really?
		Yeah.
		I'm holding on to a story about the attempt to decriminalize up to three ounces in my own state of Nevada.
		I almost fell out of my chair when I read this.
		They've actually got enough signatures to get it on the ballot.
		I've got it here somewhere.
		Yeah, voters in Nevada, which up until last year are the nation's strictest marijuana law, will decide November whether to let adults legally possess small amounts of pot.
		Now, they're talking about up to three ounces of pot, you know, being able to legally possess here in Nevada.
		I almost fell out of my chair when I saw this.
		I cannot believe it.
		But here you go.
		Nevada, of all places.
gerald celente ▲ ● ▼		Yeah, if this war on drugs is a real loser.
gerald celente ▲ ● ▼		As I said, $250 billion a year spent, and it's just getting worse.
art bell ▲ ● ▼		Of all that we have discussed thus far, Gerald, what is your worst fear?
gerald celente ▲ ● ▼		My worst fear is another terrorist attack, I would say, is my worst fear, because I'm afraid that could throw the country into chaos.
art bell ▲ ● ▼		Well, I was mulling over this story on giving smallpox vaccinations to the government and then ultimately to the entire population.
art bell ▲ ● ▼		I was saying, well, you know, they wouldn't be doing that unless they didn't know something, right?
gerald celente ▲ ● ▼		Maybe yes and maybe no.
gerald celente ▲ ● ▼		You know, could be business, too.
art bell ▲ ● ▼		Think so?
unidentified		Well, remember the old swine flu vaccines?
gerald celente ▲ ● ▼		You know, who knows?
gerald celente ▲ ● ▼		But, you know, again, you know, read my lips, no new taxes.
unidentified		They didn't have sex with that woman Michael Miske on and on.
art bell ▲ ● ▼		When you began to conclude all of this stuff, you sort of withdrew in a way, didn't you?
		Became a recluse.
		People are always accusing me of being a recluse, and you did become a recluse.
gerald celente ▲ ● ▼		Yeah, I did too.
		I moved up to upstate New York back in the late 70s when I realized I can see, you can't predict the future, but you can see the face of it.
		And I became so despondent by seeing these terrible trends developing.
		And on the other hand, people becoming angry with me when I would talk about them.
		They call me a gloom and doom or a pessimist.
art bell ▲ ● ▼		Do you understand why people get angry?
		I mean, after all, you're talking about their lives.
		You're talking about their future and the future of their children.
		And these are things that are pretty close to home for everybody.
		And when you start talking about trends the way you have been, sure, you really tick some people off, no question about it.
		Yeah.
		That's how they respond.
		When people are fearful, in order to handle that, their brain converts that fear to anger.
gerald celente ▲ ● ▼		Precisely.
gerald celente ▲ ● ▼		And it's the old shoot the messenger story.
art bell ▲ ● ▼		I know.
gerald celente ▲ ● ▼		So, yeah, I did.
		I withdrew for a number of years.
		And then I finally realized that, you know, I have nothing to do with this.
		I'm just living my life.
		And things are going to go on their way with or without me.
		So then I decided, well, enough of that.
		But it was very, and people still ask me, how could I look at all this stuff and still be cheerful and live a good life?
art bell ▲ ● ▼		Yes, good question.
art bell ▲ ● ▼		And so how do you handle it?
gerald celente ▲ ● ▼		Well, the way I handle it is I try to improve who I am.
		I try to make myself a better person.
		And I try to live by my Ann Zizzy's golden rule, which is the golden rule.
		Do unto others as you would have them do unto you.
		So each day I really do try to be a better person.
		And by feeling some fulfillment in that, I feel there's more of a value to life.
		Do I do it all the time?
unidentified		No.
gerald celente ▲ ● ▼		Do I fall back often?
gerald celente ▲ ● ▼		But I keep trying to move ahead.
art bell ▲ ● ▼		There are people who believe, and I might even be one of them, that we're on the verge of discovering entire new realities, new aspects of physics and the world that we did not understand previously, perhaps even other dimensions, perhaps getting in touch with other dimensions, all kinds of things.
		When you talk to the real brains, the theoretical physicists in this country, and I talk to them, they have some very incredibly hopeful things to say about what might be possible.
		And there could be an entire revolution that would come from some discovery of, oh, I don't know, proof of life after death or another dimension where things are different and we can interact and change our entire world, that sort of thing.
gerald celente ▲ ● ▼		Well, you know, a lot of it also has to do with ancient wisdom.
		There's so much that we don't know.
		And I also believe that this is the end of an age.
		You know, there was a lot of talk about, you know, the Y2K, remember Armageddon scenario.
		Well, we did go into a new millennium, and a lot has changed.
		And I think we're ending the dark age of modern times.
		And that's what the Industrial Revolution will be looked upon, as per that report you read before about the destruction of the planet.
		It was a time when economic needs have been put before human needs, materialism before spirituality.
		And I think we're going into a renaissance.
art bell ▲ ● ▼		There is a spiritual renaissance underway.
art bell ▲ ● ▼		Now, whether that revolution will occur before something awful happens, I think is, you know, I wouldn't put my money on that.
gerald celente ▲ ● ▼		Well, but that's what I'm saying, is that the possibility of a renaissance could bring about a new way of thinking and finding these other dimensions, these alternative ways that we are restricted from looking at now because of our institutionalized thinking.
		And as that institutionalized thinking is breaking down, it's interesting that something, that the things we believed in are no longer working for us.
		That may force us in a new direction.
art bell ▲ ● ▼		Well, it may, but, you know, if like in the market, I had to bet my money, I'm afraid that I'd be betting on the old institution holding out longer than the new Renaissance will suddenly happen and save our butts.
		It just isn't going to happen.
		I think the old ways are going to prevail long enough to kill us.
gerald celente ▲ ● ▼		That may well be, and I don't know.
		But the only hope that I have is that when people change, everything will change.
		And if we start treating each other the way we want to be treated, personally, I think then we won't be in this abusive state that we're in where we accept these kind of things in life that are really bringing the planet down.
art bell ▲ ● ▼		Speaking of bringing the planet down, we are now 6 billion and counting.
		There are 6 billion people on the planet.
		6 billion people.
		I think that number is forecast to what double and then I think 9 billion by about 2040 Yep.
		Now, what's that going to mean?
gerald celente ▲ ● ▼		I think also, I think there's going to be what we're forecasting as a new black plague.
gerald celente ▲ ● ▼		There's going to be a thinning out of the society.
art bell ▲ ● ▼		A culling.
gerald celente ▲ ● ▼		Yes.
		And probably from what we call immune system breakdown.
		And we're being bombarded in a thousand different ways in combinations of things that we have no idea of what's doing to us.
		I mean, look at all the people with Alzheimer's disease and the cancer rates and on and on and on.
		And this hype about, you know, how We're living longer.
		The reason we're living longer, you talk to any medical researcher worth anything, it has to do with the difference in sanitary conditions and food handling.
		And that accounts for about 80% of it.
		For all of these great breakthroughs in medicine, there's not one drug on the market that cures a chronic degenerative disease.
		So I think there's going to be a massive immune system breakdown as the climate changes, as the chemicals, these witches' brews of chemicals and their unknown potions start really wreaking havoc on society.
art bell ▲ ● ▼		And you acknowledge the climate is in the middle of a change now.
gerald celente ▲ ● ▼		Oh, I think everybody, you know, that pretty much agrees with that.
gerald celente ▲ ● ▼		Yeah, so do I. Except, you know, these lobbyists, you know, with their standard formulas, you know, of we need more proof.
art bell ▲ ● ▼		All right, well, this is inconclusive.
		All right.
		Listen, hold on.
		When we get back, we're going to open the phone lines, and this should be extremely, extremely interesting with Gerald Salente.
		You've heard now what he's had to say and where he thinks we're going.
		You may wish to agree or perhaps disagree with vigor.
		Either way, it should be interesting because we will open the phone lines.
		Mr. Cheer, Gerald Salente is my guest.
		I'm Art Bell, and from the high desert, this, of course, is Coast to Coast AM.
unidentified		You're listening to Art Bell somewhere in time, tonight featuring the replay of Coast to Coast AM from July 9th, 2002.
		When I dig a digo down about an hour ago, took a look around it with a wind blow with a little girl in a Hollywood bungalow.
		Are you a lucky little lady in the city of life?
		No!
		I love you.
		I love you.
		Once the bottom once when you were mine, I remember in your eyes.
		I remember where you were with you in your birthday.
		Thank you.
		I wonder if you gave me you still remember.
		You're listening to Arkbell Somewhere in Time on Premier Radio Networks.
		Tonight, an on-core presentation of Coast to Coast AM from July 9th, 2002.
art bell ▲ ● ▼		Well, no question about it.
		This has been pretty heavy stuff from Gerald Salente.
		And if you have a question for him or a comment, then we're going to open up the lines right now.
		Those are the numbers.
		You know how to reach us.
		And in a moment, we'll turn it all over to you and Gerald.
		Here once again, Gerald Salente.
		And Gerald, is there anything you really want to get out to the audience before I begin to take calls here?
gerald celente ▲ ● ▼		I think we could take calls now.
		But I agree with the gold, by the way.
		That was one of our recommendations in Trends Journal.
		Oh, yeah.
		In the winter edition in December of 2001, when gold was at 275, we recommended that you consider buying gold at least 10% of your portfolio.
		And we still believe that.
art bell ▲ ● ▼		A little safety margin, huh?
gerald celente ▲ ● ▼		Yep.
		And people ask us about silver.
		We're not as bullish on silver because it has, you know, of course, a production usage more than gold.
		Gold has that intrinsic value of being used as a currency.
		But if things really get nasty, then silver may be a good investment as well.
art bell ▲ ● ▼		All right.
		Here we go.
		East of the Rockies, you're on there with Gerald Salente.
		Hello.
unidentified		Hi, this is Bruce in Toronto.
unidentified		Just before I ask your guest question, could I ask you a couple of quick questions about your bumper music?
art bell ▲ ● ▼		No, not really.
		Well, I don't know.
		One question about my bumper music.
unidentified		Okay, what is that instrumental track?
unidentified		It's got like a pulsating beat to da-da-da-da-da-da-da-da-da-da-da.
art bell ▲ ● ▼		I don't know, stop.
unidentified		Okay.
art bell ▲ ● ▼		I'm not going to recognize it from that, I guarantee you.
unidentified		All right, okay.
		All right.
		Anyway, first of all, I wanted to say that back in the 60s, we had an expression, tell it like it is.
		And from my point of view, your guest is doing exactly that.
		And I just was wondering how he goes about doing his research.
		And also, are there institutions that buy this research?
		Or how is it disseminated?
gerald celente ▲ ● ▼		We say that current events form future trends.
		We don't use inside information.
		We read a lot of newspapers.
		For instance, you can read the New York Times, USA Today, the Financial Times, and you'll get a good enough take on what's going on.
		The secret is to read with a purpose, and that means you're looking for trend information within it, and you have to discard as you're reading the spin.
		So they may use words like militant, right-wing, left-wing, terrorist.
		And you can see how they're skewing the story.
		We try to just find whatever facts are there, if they are facts.
		And you can start seeing the progression take place.
		The other trick is that you have to stay tuned all the time.
		We say that if you miss three days of news, and I'm talking about intense news, then it's like walking in on the second act of a play.
art bell ▲ ● ▼		It is, yes.
gerald celente ▲ ● ▼		So that's all we do.
		But we do it with political atheists.
		We don't look at the world for the way we want it to be or issues and events.
		We look at them for what they are.
art bell ▲ ● ▼		Well, now, are you really a political atheist?
gerald celente ▲ ● ▼		Well, I have my own beliefs and what I would like to see.
art bell ▲ ● ▼		How can you be sure that that doesn't color?
gerald celente ▲ ● ▼		I do the best I can, but I really try so hard not to put what I like or dislike about the information.
		I try not to spin it.
		And when you turn on the television, you'll see from the left, from the right, you know, well, they're actually from the same camp, and you have people arguing what they like and what they don't like.
		I don't do that.
		I really, it's not what I like or what I don't like.
		I don't like to see these ugly things happening.
		But that's what it is.
		So that's really a big key in it, by the way, is try not to put an ideological spin into it or a special interest twist.
art bell ▲ ● ▼		That's hard.
		That's hard because everybody has their own beliefs.
		All right.
		Welcome to the Rockies.
		You're on the air with Gerald Salete.
		Hello.
		Oh, I didn't push the.
gerald celente ▲ ● ▼		Oh, I'm sorry, Archie.
gerald celente ▲ ● ▼		You also asked how to get the information.
art bell ▲ ● ▼		Okay.
gerald celente ▲ ● ▼		And we're not funded by anyone.
		We sell.
		I'm a publisher of, you know, I have books out, and we have the Trends Journal.
		And that's how we put the information out.
art bell ▲ ● ▼		Well, do corporations do, you know, do they read that journal?
gerald celente ▲ ● ▼		Oh, sure.
		You know, they subscribe to the journal.
		Many, many people do that.
		You know, it's quite extensive group of people that are.
art bell ▲ ● ▼		All right, now, west of the Rockies, you're on the air with Gerald Salente.
art bell ▲ ● ▼		Good morning.
unidentified		Good morning, Art.
gerald celente ▲ ● ▼		This is Debbie.
unidentified		I have called before.
unidentified		I'm just down the road from your home ranch here up in Medford.
art bell ▲ ● ▼		Oh, Medford, that's way up the road, huh?
unidentified		Not that far.
unidentified		Table Rock is just a hoot and holler over, basically.
art bell ▲ ● ▼		Okay.
unidentified		Anyway, a friend of mine and I are considering going into a business, buying some acreage.
		And my purpose is to get me a goat and some chickens as well to keep my costs down.
		And it's like basically a boarding stable, help make all the payments and everything.
		And I was wondering if that would be a good idea.
gerald celente ▲ ● ▼		Sounds good to me.
gerald celente ▲ ● ▼		If you like that's what you want to do.
unidentified		Oh, it would be great.
gerald celente ▲ ● ▼		Do it.
gerald celente ▲ ● ▼		Sounds great.
unidentified		Yeah.
unidentified		Also, you might want to look into Mr. Ernest Kollenbach's book, Echotopia as a Pretty Sane Way of Living on the Earth Sometimes.
art bell ▲ ● ▼		All right.
		So you don't discourage anybody from plunging into a new business, Carol.
		You don't say the atmosphere is so bad that you just throw up your hands and give up and don't.
gerald celente ▲ ● ▼		Not at all.
art bell ▲ ● ▼		Not at all.
gerald celente ▲ ● ▼		And you have to keep on living.
		And, you know, as I said, I'm trying to boogie until the lights go out.
		You know, I try to enjoy every day and every moment.
		So, yeah, just live your dream.
		You know, whatever's going to happen is going to happen with or without you, and nothing might happen.
		That's the other thing.
		You know, this could just, we could be in this stalemate kind of situation where it's a stagnation kind of feeling of life.
art bell ▲ ● ▼		I don't know if I told you this before, but this was a really interesting story, and I thought it was very telling.
		And you're right, you have to live your life.
		You know, you have to boogie until the lights go out.
		Or put another way, I had a lady who called me once.
		It was so cool.
		She said, Art, you know, we had been discussing, you know, what if a big six-mile rock hits the earth and wipes out the entire earth, virtually sterilizing the earth the way it did with the dinosaurs.
		And what if we saw this rock on the way and we had like three or six months to go and the world would end?
		And I forget why.
		We have that discussion a lot on this program.
		Anyway, she said, I wondered what the credit card companies would do.
		And so she was a major card holder.
		You know, I forget MasterCard Aviser, one of them.
		And she called the credit card company after the show the next day and said, what would you do if the world was going to end, if it was forecast in three months?
		And she actually got put on hold and she went up the line in the credit card company.
		The people getting the question thought it was so interesting that they kept passing the buck up the line until she actually got hold of one of the big executives at the credit card company.
		And he gave her an answer.
		He said, well, what we would do is we would let everybody out there run their cards right up to the limit because we'd have nothing, absolutely nothing to lose.
		If the bull-eyed hit and ended all life, well, then quesar, right?
		But if on the other hand, at the last minute, it would miss, we'd be rich.
		And so that's kind of boogie till the lights go out philosophy, isn't it?
gerald celente ▲ ● ▼		Well, that's actually, that's the double boogie.
art bell ▲ ● ▼		That's the capitalist boogie till the lights go out.
art bell ▲ ● ▼		First time caller line, you're on the air with Gerald Salante.
unidentified		Hello.
unidentified		Good morning, Art.
art bell ▲ ● ▼		Good morning, sir.
art bell ▲ ● ▼		Where are you?
unidentified		I'm calling from Great Bend, Kansas.
art bell ▲ ● ▼		Okay.
unidentified		KVGBAM.
art bell ▲ ● ▼		Yes, sir.
unidentified		And I've enjoyed what you and Gerald have been talking about immensely.
		I enjoy your program.
		Thank you.
		Very diverse subject matters.
		But anyway, I'd like to make a comment and then just have him make a comment on it.
art bell ▲ ● ▼		Yeah, sure.
unidentified		And I've noticed ever since the 70s, you know, how the movie culture and the drug culture has really affected our society.
		I've seen, you know, like immorality go way up and, you know, a bond for the family go way down during this time.
		And political correctness has a lot to do with it.
		And I'd like to hear Gerald's opinion on that.
gerald celente ▲ ● ▼		Well, there's no question that, you know, the mood of the nation is reflected in the pop culture, and it's pretty dismal right now.
		It's probably the worst I've ever seen it.
		And there is a correlation, but that's only part of it.
		Then there's the other culture, and it's the culture of greed, which I think really surpasses the power of the pop culture.
		Whether or not one fosters the other, I don't know.
		If it's a chicken and an egg basket, but my thinking is that we hear the parables and the metaphors of the golden calf going back in time immemorial.
		So I don't think pop culture had anything to do with it back then.
		And I think that's the biggest part of our downfall right now.
art bell ▲ ● ▼		Okay.
		Wild Hardline, you're on the air with Gerald Sletti.
		Hello.
unidentified		Yes, this is Dr. Daniel again.
art bell ▲ ● ▼		Don't give me a last name here, Doctor.
unidentified		No, that's not my last name.
unidentified		I see.
art bell ▲ ● ▼		All right.
art bell ▲ ● ▼		Well, Priscilla.
unidentified		I'm your naive technologist with a number eight.
art bell ▲ ● ▼		Okay, go ahead.
		Oh, no, no, no.
		You can't call twice in the show.
		See, you just dig yourself in.
		East of the Rockies, you're on the air with Gerald Salette.
unidentified		Hello.
unidentified		Hello.
art bell ▲ ● ▼		Hi.
unidentified		Yes, I'd like to ask the guests.
unidentified		He seemed to have left out the military threat, the open one, like from people like Red China and those other countries that are still communist and still declare that we're their number one enemy.
art bell ▲ ● ▼		Okay, there's China, there's Cuba, there's North Korea, and then there's the terror mongers.
art bell ▲ ● ▼		But yeah, okay, you want to talk about China or even Russia, for that matter?
gerald celente ▲ ● ▼		Well, you know, they're minimal threats compared to who we are and what we have.
		We have a military budget of around $400 billion.
		I think China's is around $17 to $20 billion now, maybe $35, depending on whose number you look at.
		And Russia, of course, is probably down under $10 billion.
		They're no match.
		And I always get a kick out of, you know, like, you know, North Korea has missiles.
		So what?
		You know, we've got the 30,000 of them.
		And we can make the country dust in six seconds.
art bell ▲ ● ▼		Well, the ones that would worry about that would be the South Koreans.
gerald celente ▲ ● ▼		But, you know, again, you know, they're not military threats.
art bell ▲ ● ▼		Although they're economic threats.
		Now, let's say that India and Pakistan go to war over Kashmir, for example.
		Well, we might manage to somehow stay out of it, and they nuke each other.
		But again, our economy in that situation, Gerald.
gerald celente ▲ ● ▼		Oh, this is what I said earlier about the old trends leading to a new world war.
		And talking about India and Pakistan, there's no question about it.
		But as far as the old communist threat, it's just not there right now.
		And as a matter of fact, I would make the case, and I know people really hate to hear this, is that the spending on military that this country has embarked on over the last, well, since the end of World War II, is one of the major reasons why our standard of living continues to decline and we're working so hard.
		Because the money can only go just so many different places and too much of it, as I see it, it goes there.
		And I used this wonderful quote by General Eisenhower, which I'm sure you're familiar with, warning the nation of the military-industrial complex taking over the country.
art bell ▲ ● ▼		West of the Rockies, you're on the air with Gerald Salente.
unidentified		Hello.
		Hi.
		I'm listening to KIXW, Clear Channel in Hesperia, California.
		Actually, it's located in Victorville.
art bell ▲ ● ▼		All right.
art bell ▲ ● ▼		Welcome.
unidentified		Welcome, and hello, Art.
unidentified		Hello, Mr. Salenti.
gerald celente ▲ ● ▼		Hello.
unidentified		I have a question.
unidentified		Were you aware, you probably are, that Ford's first engine was designed to be run on hemp oil, and this is with reference to your discussion of alternative economies?
gerald celente ▲ ● ▼		No, I didn't know that.
unidentified		Have you heard of the book, The Emperor Wears No Clothes?
gerald celente ▲ ● ▼		Yes, I have.
unidentified		Okay, and the cabal of DuPont and Hearst and others when DuPont wanted to patent nylon.
unidentified		And the best linen in the world was made from hemp?
art bell ▲ ● ▼		Well, actually, there was a Wall Street Journal story there that said that if hemp was legalized in the U.S. in all its forms, the U.S. government would realize a half a trillion dollars, that's with a T, every year in $500 billion in tax revenue from hemp.
art bell ▲ ● ▼		Gerald?
gerald celente ▲ ● ▼		Wow, I didn't know that.
art bell ▲ ● ▼		You didn't know that?
art bell ▲ ● ▼		Isn't that amazing?
gerald celente ▲ ● ▼		Yeah, that is.
art bell ▲ ● ▼		$500 billion.
art bell ▲ ● ▼		Wow.
gerald celente ▲ ● ▼		This is in the Wall Street Journal.
art bell ▲ ● ▼		It was, yes.
		Of course, that would be all the various uses of hemp, and there are many other than the production of marijuana.
		Many, many.
		In fact, once I think early in the war, Second World War, there was a hemp for victory thing, right?
		Where we had to really start manufacturing hemp.
		We really needed it.
		First time calling line, you're on the air with Gerald Slentee.
		Hello.
unidentified		Hi.
art bell ▲ ● ▼		Hi.
unidentified		I'm Chris from Menor, Ohio.
art bell ▲ ● ▼		Okay, Chris?
unidentified		Hey, I got a question for Gerald.
unidentified		What would the average American have to do to prepare himself for the future that, the negative future that he sees for us?
art bell ▲ ● ▼		That's a real good question.
gerald celente ▲ ● ▼		Well, one thing, you know, and of course I'm not pumping the advertiser.
		We really do recommend owning gold, at least 10% of your assets.
		And the other things are get out of debt.
		You know, don't take on any more debt and try to embrace as much of this voluntary simplicity as possible.
		If you have the wherewithal to have one of the parents stay home, that's always a great thing, too, because we also believe that, I mean, I don't know how I survived the education system.
		And I think home education today with computer technology is going to be more and more the wave of the future.
		And that programming these kids with this institutionalized education, to me, is brain-deadening.
		So those are the kind of things I would do.
unidentified		So you recommend homeschooling?
gerald celente ▲ ● ▼		I really do, yeah.
unidentified		If one of the parents could stay home Well, both parents.
		I I actually I'm in that boat except for the gold part.
		No doubt.
		You know, I I'm very fortunate in that aspect.
		But uh um I I like your uh ideas.
		I agree with them 100%.
gerald celente ▲ ● ▼		Well, thank you.
art bell ▲ ● ▼		All right.
		Uh thank you very much for the call.
		Uh I agree that uh uh if everything goes to hell in a handbasket, being out of debt at least puts you in a semi-self-reliant mode, right?
gerald celente ▲ ● ▼		That's exactly it.
gerald celente ▲ ● ▼		And you know, one of the most crazy things was that, you know, after 9-11, you know, these politicians and these automobile companies putting these, telling people to go out and spend.
art bell ▲ ● ▼		Oh, yeah.
gerald celente ▲ ● ▼		You know what I'm having?
gerald celente ▲ ● ▼		You don't want to have a job.
art bell ▲ ● ▼		Well, that's what they needed to have happen for the economy.
gerald celente ▲ ● ▼		I realized that.
art bell ▲ ● ▼		You know, people weren't flying.
		People weren't going anywhere.
		People weren't spending any money.
		They were pulling in their horns, and they were scared.
		And that's still going on.
gerald celente ▲ ● ▼		And there's nothing wrong with the economy contracting.
		To us, it's an insane belief that economies continue to have to grow all the time.
		There has to be points of pause, pullback.
		Just like in the organic process of life, we're not always moving ahead.
		We're not always growing.
		And to force it, we think, on this steroid type of behavior, of buying and going into debt and pumping it up with fake money, just like steroids comes back to haunt you later.
art bell ▲ ● ▼		So Greenspan can't do it, right?
		Hold the answer to that question.
		We'll be right back.
		We're already here at the bottom of the hour with Gerald Salette.
		I'm Art Bell.
		This is Coast to Coast AM.
unidentified		You're listening to Art Bell Somewhere in Time on Premier Radio Networks.
		Tonight, an on-tour presentation of Coast to Coast AM from July 9th, 2002.
		Can't the love touch the moon?
		But he left me much too soon.
		His ladybird, he left his ladybird.
		Ladybird, come on down.
		I'm here waiting on the ground.
		Ladybird, I treat you good.
		Ladybird, I wish you would lightning flash up the sky.
		The lightning bug made the fly.
		The sun came up and then bumped the door.
		He laid it down.
		Lady Bird Lady Bird Lady Bird Lady Bird Lady
		Bird What will you do when you're lonely?
		No, I'm waiting by your side.
		You've been loved, I don't watch too long.
		You know it's just your foolish mind.
		Baby love me on my knees, baby.
		Begging, darling, be darling, don't you lose my moonlight Try to give me contemplation Oh man, I'm feeling like you're down.
		I can't do it.
		I'm feeling like you.
		You turn my horn upside down.
		Hey, love.
		You got me on my knees, baby.
		Hey, you're down.
		You're listening to Art Bell, Somewhere in Time.
		Tonight featuring a replay of Coast to Coast AM from July 9, 2002.
art bell ▲ ● ▼		Sometimes listening to a lot of people...
		of this puts you in a Layla kind of mood Layla kind of mood just sort of lay it back and make the best of it you can right I'm Art Bell this is Coast to Coast AM the trend man Gerald Salente is here and we're taking your calls We'll continue to do exactly that moment All right,
		Gerald Salente is my guest and actually he has now authored three books and They are Trend Tracking, The System to Profit from Today's Trends, which will engender a question in a moment.
		Trends 2000, How to Prepare for and Profit from the Changes of the 21st Century.
		And what Zizzy Gave Honeyboy.
		That's our Gerald, Honeyboy.
		A true story about love, wisdom, and the soul of America.
		And I think that the first two books would cause me to ask a question, with the trends the way they are today, Gerald, which are not great, as we've heard tonight, they're inevitably in our society has got to be a way to profit from the doom, gloom, and troubles of others.
		How do you do that?
gerald celente ▲ ● ▼		I don't know, and I really hate to think of it doing it like that.
art bell ▲ ● ▼		Well, I mean, it is what it comes down to.
		How to profit from today's trends.
		Well, today's trends.
gerald celente ▲ ● ▼		I mean, that's one of them.
art bell ▲ ● ▼		Well, that's one.
gerald celente ▲ ● ▼		That's one.
		And the other thing, you're going to see more and more of survival type of, kind of like in the late 80s.
		Remember that survival movement that went on?
art bell ▲ ● ▼		Well, how about investing in casket makers, for example?
gerald celente ▲ ● ▼		Or body bag companies.
unidentified		Yeah, there you are.
unidentified		Yeah, there you go.
gerald celente ▲ ● ▼		So there's going to be more of that survival thing.
		And also health.
		Anything having to do with health is going to be a big one.
		Not only physical, but emotional and spiritual as well.
unidentified		Okay.
art bell ▲ ● ▼		All right.
		Back to phones.
		First time caller line.
		You're on the air with Gerald Slotte.
		Hello.
unidentified		Hello.
		This is Benny.
		I'm calling through WAKV in Jacksonville, Florida.
art bell ▲ ● ▼		Yes, sir.
unidentified		And you're talking about a revolution coming about somewhat to change everything.
		You also tapped a minute on the decriminalization of marijuana.
		And I just wanted to bring those together all the way back from the American Revolution when that was all we had, when we couldn't get anything else from Britain.
		And it was required for everyone, every American family, to grow a certain amount of hemp to get through.
		And if we can bring that together, I know it'll take millions of dollars out of the hands of the big cigarette makers and tobacco companies and even people like the Anheuser's and everybody out there.
		But that, I mean, if you do that, then who else is going to be less to bring up the age-old way of growing hip than the Americans themselves, which grow in their backyards every day anyway?
gerald celente ▲ ● ▼		Well, they don't grow in their backyards that much anymore because if you get busted, it's really heavy duty.
		And by the way, it would also hurt the criminal industrial complex.
		Of the 1.5 million people that are arrested for drug-related crimes, I mean, that's how many they arrest each year.
		450,000 drug offenders are doing time in jail.
		And 80% of those drug arrests are for possession, and 44% involve marijuana.
		And then when you talk about the racial issues, according to Human Rights Watch, 63% of drug offenders doing time in jail are black, even though there are five times more white folks doing drugs.
		So this thing spreads into a lot of different areas.
		And for this policy to continue to go on like this, well, you know, it's no more insane than so many of the other policies.
art bell ▲ ● ▼		Well, again, I'm shocked by what my own state is doing, which was always so tough on marijuana.
		Nevada is really an odd state in a lot of ways.
		It has legalized gambling.
		It has legalized prostitution, from which there does not flow trouble.
		I mean, it runs very smoothly, and now they're talking about legalizing pot.
		Never thought they'd do it, but here they are.
		And do you think that there will be some sort of revolution, whether it's here in Nevada or somewhere else, some state that will essentially legalize it and say to the feds, bug off, or worse, and begin to prove that it's not the boogeyman they say it is?
gerald celente ▲ ● ▼		Well, the proof is already there that it's not the boogeyman that they say it is.
		And I think you are going to see it happen.
		Maybe a place like New Mexico could be one of those places as well, or Nevada.
		And it's going to happen.
		It's just a matter of time.
art bell ▲ ● ▼		All right.
		Wildcard Line, you're on here with Gerald Salette.
		Hello.
unidentified		Hello.
art bell ▲ ● ▼		Hi.
unidentified		Hi.
unidentified		This is Suzanne from WOND 1400, a little town of Appseic and right outside of Atlantic City, New Jersey.
art bell ▲ ● ▼		Welcome.
unidentified		And it's really an honor to speak with you.
		I want to thank you and Gerald.
		Thank you for being so articulate and such a fine gentleman.
		And I feel as though I'm talking with comrades of the spirit.
		I also have grown up, I'm 54, I've been practicing Buddhism, Nishuan Buddhism, Sokogakai Buddhism for 33 years.
		And I heard art mention Namioho Renge-kyo, which I have been practicing for 33 years.
		And with the time machine that you're so involved with in your Curiosity and the last couple of shows with that and then with the new millennium of talking about the technology as far as the Aquarian age coming in.
art bell ▲ ● ▼		All right, all right, here.
art bell ▲ ● ▼		Do you have a specific question?
unidentified		Yes.
		As far as I just wanted to really, I just wanted to thank you more than anything for all your articulate kind of communication with people and how much I've been learning.
		And I just wanted to plant a seed of hope in people's hearts that what we're talking about and in the way of technology and prophecy, if you pull out a Quicksilver Messenger service, one of the cries of the late 60s was pride of man.
		And it's very prophetic if you listen to the words.
		But not to have a gloom because I feel as though, you know, with the Aquarian age, all said technology.
art bell ▲ ● ▼		All right, I'll tell you what, I'm going to stop you right there.
		And I'm going to turn it for a second to religion and spiritualism, which is really where you are headed.
		Gerald, right now, there's a clash of religions.
		I mean, all the politicians don't say it.
		President Bush says, you know, our fight is not with the Muslim world.
		Well, wrong.
		It really is.
		They are after us.
		Their fight is with us.
		They're making it a fight.
		And we may be doing that with some of our foreign policy, which you have suggested.
		But nevertheless, it's a clash of religions.
		So there's a trend for you.
		Where is religion going?
gerald celente ▲ ● ▼		Well, we see a new millennium religion forming.
art bell ▲ ● ▼		Really?
gerald celente ▲ ● ▼		Yes, we do.
		And we think it's going to be of such a magnitude that it will rival the great religions, whether they be Islam, Christianity, or any of the religions.
		And we're seeing it loosely formed with the so-called quest for spirituality.
		And you're also, you know, ironically...
		That's what I'm saying.
		It's new right now.
art bell ▲ ● ▼		Christians had Christ, Buddhists had Buddha, and these new agers are going to need some focal point.
gerald celente ▲ ● ▼		Possibly.
		But What we're saying is, these are the signs that we believe we're going to see a new religion.
		You know, ironically, the last call had mentioned this being the Aquarian Age, the last age being the age of Pisces.
		And Pisces was the fish.
		Christianity was the symbol of Christianity.
		And look what's happening to the Catholic Church.
		And look what happened, for instance, even the assault on the Church of the Nativity in Bethlehem, hardly a ripple.
		And we think that this could be the beginning of a great unraveling of Christianity and something to take its place that really adheres to the principles that may have been lost in the institutionalization of it.
		So that's what we're talking about.
art bell ▲ ● ▼		A new religion.
gerald celente ▲ ● ▼		A new religion, a new millennium religion.
art bell ▲ ● ▼		That's something to think about.
		East of the Rockies, you're on the air with Gerald Slante.
		Hello.
unidentified		Good morning.
		This is Charlie.
		I'm an ex-Connecticut Yankee retired in Ormond Beach part of Florida.
		I've personally been in the stock market for 33 years, someone that retired at 35 or whatever it's worth.
		And my dad went to that same Wharton Business School as what I refer to as Grouper Lipped Greenspan.
		I just want to ask one question.
		I have a scenario.
		What has happened in the stock market?
		And I want to see, I think Gerald has his hand on the pulse very accurately.
		But no one, I think, has really brought up what has initiated, let's say publicly initiated the turnaround in the stock market.
		First of all, my scenario is this.
		This is a renaissance time in the stock market.
		Started a few years back when over 60% of this country, a lot of novices, entered into the stock market into mutual funds.
		So many of them out there available.
		Now, Mr. Greenspan, so many people speak of the bubble in the economy and in the stock market.
		I say there has always been a bubble.
		There's always been investors, a lot of them, elderly women, widows, in tennis shoes, read the National Inquirer.
		There's always been that bubble.
		But in recent times, with the mutual funds becoming very, very popular, so many people's 401ks in their retirement systems, big business retirement systems, each one of these people went to work every single day.
		When they got their paycheck, there was a portion of their paycheck taken out for this retirement system for the future.
		Now, there is no bubble as long as these people go to work every single day and proportionally taken out of their paycheck is this mutual fund invested retirement system.
		Now, what I believe has happened is historically, there has never been six interest rate increases in one year in the stock market.
		Mr. Greenspan, I thought possibly it may be early signs of senility at first, but I believe that when he turned that around the next year, lowering the rate nine times in one year, I have questions, and some of those have already been answered by the Democrats.
		They have come out and it was reported months ago now that Mr. Greenspan, originally in Treasury bills and conservative investments, actually was not.
		And he has done remarkably well in the stock market, as anyone I guess could if they held that magic wand in their hand.
		So it comes down to this.
		My scenario is this.
		There has been exposés on TV numerous times about the mafia, and I'm part of Talia, the mafia entering into the stock market of smaller stock market brokerages with intimidation.
		I personally believe they have made it into the stock market.
art bell ▲ ● ▼		All right, all right, I get that.
gerald celente ▲ ● ▼		You want to get my blood to boil.
gerald celente ▲ ● ▼		This is one of them.
art bell ▲ ● ▼		All right, go ahead.
gerald celente ▲ ● ▼		No, it has nothing to do with it.
		First of all, I agree with the scenario about the 401ks and the mutual funds and how that pushed the market higher.
		And also, of course, let's not forget, the Internet technology was real.
		I mean, in 1995, we didn't know what the words portal meant.
		And about a couple of million people were online.
		And there was a great rush of spending money to build businesses with an IT Internet technology infrastructure.
		So that juiced the economy, no question.
		But then it was over speculation.
		The real criminals are these stockbrokerage firms with their multi-million dollar touts out there that are telling people they're putting out buy orders and buy orders while they're selling.
		That's where the real criminal activity is.
		And that's what happened here in New York with Merrill Lynch.
		You know, this pump and dump, as they call it.
		You know, to blame it on the mafia, I mean, that's small potatoes.
		Ken Lay, Enron, this guy Ebers, yeah, those are two good Italians.
		You know, this thing goes really deep and wide.
		It's within every company.
		And what's happened is now you cannot cover up the two facts.
		Number one fact, stocks are still overvalued on average about 40 times.
		And the second fact is now they're going to have to be more transparent in their profit and loss statements.
		And company after company is going to look more like Kmart, Lucent, Xerox, and the rest of them.
art bell ▲ ● ▼		Well, Greensman has gone about as far as he can go.
gerald celente ▲ ● ▼		Oh, yeah.
		That's over.
		And again, remember that.
art bell ▲ ● ▼		The magic wand is out of juice.
		Exactly.
		So that's not going to save us.
		Although you've got to give Greensman some credit.
		He sure did juggle pretty well for quite a while.
gerald celente ▲ ● ▼		Well, here's why we're saying the Dow could go down to 7,000.
		In 1998, the economy was moving ahead at 3.5%.
		In August of that year, the market started to unravel.
		The Russian ruble collapsed.
		A thing called long-term capital management, a derivative fund.
		Remember that one?
		They bailed it out.
art bell ▲ ● ▼		You bet.
gerald celente ▲ ● ▼		Then they started lowering interest rates three times in the face of a booming economy.
		That's what set the bubble for today.
		And that's why we're saying we're going back to 1998 Dow levels.
		That's when the correction should have happened.
		We call that capitalism for cowards.
		They shouldn't have lowered interest rates.
		They never lower interest rates in the face of a booming economy.
art bell ▲ ● ▼		All right.
art bell ▲ ● ▼		West of the Rockies, you're on the air with Gerald Salente.
unidentified		Hello.
		Hello.
		Hey, Art.
		Yes.
		Yep.
		Hey, I got one statement, then a question for Gerard, is it?
art bell ▲ ● ▼		Yes, Gerald Salente, sir.
unidentified		Gerald?
		Yes.
		Brief statement is, since I haven't talked to you in quite a while, I'm glad you're back.
		When you retired, I gave it two weeks and turned your station off.
art bell ▲ ● ▼		I'm glad you're back.
art bell ▲ ● ▼		What is your question, sir?
unidentified		My question is, if you made a statement earlier from a previous caller what to do in a time like this, and you suggested gold.
		What about the guy that has to live week to week?
		Has a mortgage, and he can't invest in the stock market or gold.
gerald celente ▲ ● ▼		What do you perceive for those people?
unidentified		Because I consider them more average than...
gerald celente ▲ ● ▼		You're right.
		The things to do is to cut debt.
		That's your biggest thing.
		You know, stop going out and buying stuff that you don't need.
art bell ▲ ● ▼		Most of us have more than we need.
		Joe, slow down.
		He said, look, I've got a mortgage.
		You know, I mean, it's like week to week.
		The guy makes his mortgage payments.
		He might have another 10, 15 years to go on his mortgage.
		He's not really going to get out of debt.
		It's not going to happen.
		Week to week.
		That's what he's talking about.
		What's going to happen to the people?
gerald celente ▲ ● ▼		They're going to be hurting.
		You know, there's no question.
		You have your insurance bills, your medical payments.
		It's going to be tough.
		And unless this mentality turns around of where the government is going, as I said, people want to keep building the military.
unidentified		Knock yourself out.
gerald celente ▲ ● ▼		Build it.
		But the money has to come from someplace.
		We're all going to suffer.
		The standard of living is going to continue to decline in this type of economy.
art bell ▲ ● ▼		Do you think our standard of living has, in fact, on the whole declined?
gerald celente ▲ ● ▼		I do, because we're all working longer and harder than ever before.
		We're working nine full work weeks longer than the Europeans.
		And, you know, people, Americans don't travel a lot.
		They still think it's the end of World War II, and they want Hershey bars and nylon stockings over there.
		These people are living in the lap of luxury.
		When something happens to them, they get benefits.
		And they say, oh, it's a socialistic country.
		Well, guess what?
		We pay taxes here, and we get nothing.
		We get nothing compared to what other countries are getting.
		We're still living with this myth that we're number one.
		We're not number one.
		We're number one in crime.
		We're number one in defense spending.
		We're, I think, number 27 in longevity.
		We're about 37th in education.
		Again, we're working nine full work weeks longer.
		No, the standard of living will continue to decline if we go on the path we're on.
		And that poor, the poor people, the average people living from paycheck to paycheck are going to get hit the hardest.
art bell ▲ ● ▼		They can't go out and buy a nice golden parachute.
gerald celente ▲ ● ▼		No.
art bell ▲ ● ▼		No, they're literally week to week.
art bell ▲ ● ▼		And I've been there in my lifetime.
gerald celente ▲ ● ▼		I know, and I have too.
art bell ▲ ● ▼		So those are the first people, the first casualties.
art bell ▲ ● ▼		And you're talking about, you're really talking about the great middle class here.
gerald celente ▲ ● ▼		That's right.
		Do you know what they call it?
		Do you know what they call the poverty level in this country for a family of three?
		I think it's like $15,300.
		Who came up with that number?
art bell ▲ ● ▼		I don't know.
gerald celente ▲ ● ▼		You know, that's stupid.
unidentified		Right?
gerald celente ▲ ● ▼		I mean, you can't.
gerald celente ▲ ● ▼		So there are a lot of people that are living on the edges right now, and it's going to get worse.
unidentified		Yep.
art bell ▲ ● ▼		All right, Gerald, I very, very, very much appreciate your being here tonight.
		We're out of show, out of time.
		Your new book, What's ZZ Gabe?
		Homeboy.
gerald celente ▲ ● ▼		Honeyboy, Honeyboy from the South Bro.
art bell ▲ ● ▼		That's right.
		True story about love, wisdom, and the soul of America.
		Honeyboy.
		Well, honeyboy, gotta go, and we'll do this again because it's been a blast.
gerald celente ▲ ● ▼		Thank you so much.
art bell ▲ ● ▼		Good night.
gerald celente ▲ ● ▼		Good night.
art bell ▲ ● ▼		Honeyboy.
		Well, all right.
		That's it for tonight from the high desert, where today's high, yesterday's high actually now was 118 degrees.
		Think about that, folks.
		118 degrees.
		Check with me tonight.
		We'll see if we break any new records from the high desert.

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