Monday, February 16, 2009

Trend Forecaster Forecasts Troubles

Dreher found this guy and is a bit skeptical. But there is this little observation:

...Celente predicts a second American revolution that will begin with a tax revolt. He points out that New York State is trying to meet its spending needs by jacking up taxes on remaining businesses, and taxpayers who still have jobs, but who are pressed hard to keep from defaulting. Celente says people won't be able to pay taxes, and will at some point revolt -- even violently

Not unprecedented. And although New York (and California) residents are very unhappy campers, many other States seem to think that squeezing more juice from a drying lemon is a good idea.

Oh, well.

2 comments:

  1. I actually watched him on GB the other day... I don't know what to make of it but I don't doubt that there will be some type of uprising soon:

    http://www.youtube.com/watch?v=sFtePsHsUkA

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  2. Our property taxes went up $2,400 this year in rural NY.

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