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2012 - Things that will happen
Significant economic and political changes will make 2012 a historical year. The globe has experienced relative calm for the past 24 months. That stability won't last much longer. Events that are not on anyone's radar screen will matter the most. The following are the things that I think might happen, but it's the surprises that worry me.
-Silas Kiplagat will win the 1500-meter race at the Summer Olympics in London. The time will be 3:33:22.
-Obama will drop Joe Biden from the ticket. Obama will want a Veep that has a chance to be a viable presidential candidate. He will chose Hillary Clinton.
-Green Bay will beat Denver in the Super Bowl. (Millions of Christians will be disappointed).
-Mitt (the suit) Romney will be the Republican presidential candidate. The nomination will be a fight to the very end. Newt (the fool) Gingrich will come close, but will not get the nod. Romney will announce that his running mate will be South Carolina Governor, Nikki Haley. Her presence on the ticket will give Mitt a chance.
-Ron Paul will run as a third party candidate (Green) He will get 10% of the popular vote. He will upend any chance the Republicans have.
-The presidential election will go to Obama. Ending up with only 44% of the vote, he will not have a mandate. The battleground states will be Pennsylvania and Ohio. Billions will be spent on getting the votes in those states. Pennsylvania will go to Obama. Ohio will go with Romney. The electoral vote margin will be very narrow as a result.
-The Kepler spacecraft (link) will identify a planet that has the capacity to sustain life (the ultimate safe haven). The scientists at CERN will confirm the observation of particles exceeding the speed of light. These developments will result in significant rethinking by the scientific community.
-The Senate will be split evenly between Democrats and Republicans. The new VP will have deciding votes on several key issues.
-Republicans will retain their majority in the House. Gridlock will be the outcome. There will be no new legislation of significance in 2012. A lost year.
-Iran will attempt to disrupt sea traffic in the Straits of Hormuz. Naval exercises by NATO, USA and China will be required to escort tankers through troubled waters. There will be an incident culminating in shots being fired. It will scare the hell out of everyone, but full military action will be avoided.
-Iraq will fall into sectarian violence. Car bombings will beset the country. The Kurds, in the north, will attempt to separate themselves from Baghdad. Turkey will get involved as a result of border problems. In the south (Basra/oil ports), the local Shia government will ask neighboring Iran, to help bring stability. The Iranians will establish a police presence.
-Brent crude prices will swing between a low of $80 and a high of $155. The highest level will be reached in September.
-Australia will suffer from a significant economic slowdown. The A$ will fall to 90 versus the buck.
-Cyprus will make a significant new gas find. This will result in territorial claims by Turkey. The UN, lead by Russia, will get involved in the dispute.
-Europe’s economic problems will not be solved. Every effort will be made to kick the can down the road. Neither the can nor the road will collapse; that will happen in 2013. EU GDP will struggle to hold zero.
-It will be confirmed that Iran has nukes and the capacity to deliver them. Iran will successfully test fire a Shahab 3c missile. Israel will not attack Iran.
-The US housing market will stabilize. Rental costs will rise by 7%. This, coupled with extremely low debt costs, will increase the demand for homes. In addition, the costs of constructing new homes will soar due to rising costs of materials. Virtually everything used to build a home (from cement to shingles) will rise in price by 10%. Construction of new homes will remain muted as a result.
-During the year, the ECB will be forced to actively intervene in the EU bond market on multiple occasions. Ten-year yields for Italy will range from 5 to 8%. Spanish yields will rise to 10% at one point. French bonds will reach 7%. The enormous refinancing requirements of EU countries and banks will be a constant problem. The market will become obsessed with the weekly bond auctions. There will be many disappointing results.
-The EU banks will struggle, kept alive by LTROs and E150B of new equity injections into the banks (a la Tarp). Public assistance to the banks will exceed E1 Trillion. The EU banks will not adopt the Basel Core Tier 1 capital ratio of 9% in June; the planned recapitalization will be shelved for a year. There will be much discussion about the scale of the government's involvement, which will be recognized as unsustainable. By year's end, the noose will be tighter and the financial options greatly diminished. By December 2012, the Euro Zone won't be expected to survive another year.
-The Swiss National Bank will maintain the 1.20 peg to the Euro. By the end of the year, the talk will be about how much longer the peg will continue. The SNB will acknowledge that the peg was a temporary measure. The speculation will be about how long “temporary” actually is.
-The Euro will range from a high of 1.4 to a low of 1.15. The low for the year will occur in November.
-The Yen will (finally) weaken. The low for the USDYEN will be 76.5 the high will be 90. (It's a great short). The problem for Japan will be its 200% debt to GDP. Global investors will shun the Japanese bond markets. Ten-year yields will rise to over 2% as a result. While Japan has gotten away with its excessive debt for years and global investors always had reasons to park cash in Japanese Government Bonds (JGBs), there will be no reasons left in 2012.
-As the US's presence in Afghanistan winds down, the Taliban will retake the country. The chaotic US exit will be compared with the end of the Viet Nam war.
-The Syrian government will fall. The country will face an uncertain future. There will be sectarian violence in Libya. Sophisticated weapons, including SAM missiles will be used. In Egypt, Field Marshal Tantawi, will consolidate power. Protests will continue throughout the region. The MENA economies will broadly suffer.
-The S&P will range from a low of 900 to a high of 1400. The high for the year will occur before June.
-The US GDP will languish. Growth will range from 1.5 to 2%. There will be clear evidence of a slowdown by mid-year. Unemployment will fall to as low as 8.5%, but will end the year back above 9%. The BLS will report 1.6mm of new jobs created during the year but the "birth/death" model will reduce that by 600,000. Labor force participation will continue to decline.
-Modest economic activity and core inflation above 2% will tie the Federal Reserve’s hands for the first part of the year. Politics will prevent it from acting prior to the election. In December of 2012, the Fed will be free to initiate another round of QE - an $800 billion Large Scale Asset Purchase (LSAP) will follow. The Fed’s new POMO operations will be divided equally between Treasury bonds and Agency Mortgage paper.
-The Vix will be volatile. The average for the year will be 30. It will exceed 45 twice.
-Greece will continue pretending it wants to be in the EU and tied to the Euro, until July. Its deteriorating economy and inability to service its restructured debt will force Greece to leave the EU and re-establish the Drachma. The New Drachma will trade as high as 1,000 to the dollar (800/Euro). When the Drachma is brought back (over a weekend), the Greeks will formally default on their external debt. This won't be the crisis that everyone fears, but it will add to the instability in the other peripherals. Populations in Ireland and Portugal will protest that their countries should follow Greece’s steps.
- The Academy Award winners:
-North Korea will be a problematic. Counter to expectations, Kim Jung-Un will not be the actual ruler. The generals will conspire with Kim’s uncle, Jan Song Taek, to take over leadership. There will be an occasional pop shot from north to south. The real trouble will come when NK boards and then sinks a S. Korean fishing vessel. This will bring US aircraft carriers off the shores of NK. China will hate this development. A nasty incident is the most likely outcome.
-The Miami Heat will fail to make the playoffs. LA will beat Boston.
-Keynesian economic thinking will be further discredited in 2012. The pump-priming Keynesians had their day in the sun, and now people will want a different approach. Paul Krugman will write a total of 100 blogs decrying this development. Larry Summers will write an OpEd for the WSJ warning that the US faces a strategic crisis if it does not contain the trajectory of the national debt.
-Gold will be very volatile. It will fall to below $1400 at one point. It will end the year above $2000.
-There is a significant risk of a big economic hiccup at the end of the year. The election has deferred dozens of tax/spending issues to 1/1/13. There is enough deflationary firepower built into the system to trigger a big slowdown. Post election, there will be just weeks to sort it out, or face the music. The drama and the pain of the just completed election will make it impossible to avoid a conflict.
-Japan will confront two divergent issues. Debates regarding the future development of nuclear energy for civilian use will arise as the true costs of the disaster at Fukushima are realized. Significant portions of the country will have to be abandoned. Costs of encapsulating and cleaning up will exceed $50 billion. At the same time, a growing force within the country will push to develop tactical nuclear weapons. The US's mandatory budget cuts for its military will elicit an extraordinary change which will take years to play out. Japan will lose confidence that its "protector" will be able to protect it.
-India will surprise everyone. GDP growth will fall from 9% to 3% (well under stall speed). Inflation will exceed 10%. The trade and current account deficit will rise. The Rupee will hit 60 per dollar.
-China’s GDP will fall to 4%. China has already overspent in infrastructure development. The buildout of empty cities will slow and unemployment will rise rapidly. This will stress the country and lead to political protests in many cities.
-Tiger Woods will win a major.
-China will continue to fund the west. It will allocate more capital to the core countries of Europe. China will get trade deals in exchange for its willingness to buy bonds. The holdings of US treasury debt will decline modestly for the year. The Chinese will react to the ongoing pressure from the US to force the Yuan to appreciate by doing precisely the opposite. The CHY will be worth the same next year as it is today.
-Bank of America will be forced to pare down its asset base. The stock will spend most of the year under $5. The subordinated debt will trade cheap.
-Goldman Sachs will go private. There will be many layoffs. The Squid will end up stronger than ever.
-The San Francisco Giants will win the World Series. The Yanks will be the loser.
-In March, it will finally be determined that MF Global used re-hypothecation to fund its operations. The customer losses will be attributed to this activity. Realized customer losses will exceed $1B. JPM will be identified as one of the banks that grabbed MFG assets in the final days. Customers will file civil claims against JPM, but those will be dismissed. Criminal charges will not be filed against MFG, Corzine nor JPM. The flaws in the system will be attributed to Reg. T. The Fed will promise a thorough review of the country’s margin rules. Nothing will be completed until 2013.
-AAPL will trade as high as $450. It will end the year under $350. The company will come out with a TV that won't be much of a success. Apple will lose out to Amazon (and others) in the "Cloud". This will prove to be a strategic error.
-The cost of solar panels will fall to a level where large scale, privately funded solar farms become viable. The debt for these farms will be functionally secured by a public utility and will be repackaged with shorter maturities that have a AAA rating. The lowest tranches of debt will have returns as high as 20%. Wall Street will love it and so will investors. Some utility stocks will do well as they have secured a source of renewable energy that meets the recently legislated requirements (RECs).
-Boeing’s shares will fall to $55. There will be problems with the Dream Liner.
-Dividend stocks will underperform the broad averages. The observation will (finally) be made that this is a very crowded trade and 2% does not compensate investors for their risks.
-Creative Cause (son of Giant's Causeway) will win the Kentucky Derby.
-The Chevy volt will suffer from numerous battery problems. There will be fires that result in serious injuries. The future of GM’s electric car will come into question. The stock will fall to the teens. Tesla’s outlook will become uncertain. Obama’s investment in Tesla will be a campaign issue.
-La Nina conditions will persist for the first six months of the year, bringing a series of big storms to Asia. Substantial new flooding will occur in the Philippines and Thailand. West Texas will have another dry year, the central states will have above average rain, and the North East will have a very bad winter.
-Silver will follow gold up and down. It will underperform gold. It won't hit $50.
-Narco violence in Mexico will escalate. There will be gun play on the border. Mexico will reiterate its position that the problem is the demand from the gringos, not the supply from Mexico. This thinking will lead to renewed discussion on legalization of Marijuana. Phillip Morris’s stock will rise above $90 in anticipation.
-BRIC investments will continue to underperform. Several big hitters will repudiate this investment strategy. That will mark the bottom of these markets on a comparative basis.
-Global food inflation will continue to be a problem. Global growth will advance by 2%, the cost of feeding ourselves will increase by 5%. Asia/India will bear the biggest brunt of the increasing cost of food. Wheat prices will rise 12%.
-US inflation will remain on the high side. Core will average 2.5% (1/2% above the Fed’s target). CPI will come in at 3.8%. Real inflation will be much higher. Treasury Tips will underperform. The Ten-Year Tips/Coupon spread will widen to 2.75%.
-Few countries will avoid social protests and demonstrations. Many will turn violent. America will not be spared. The angst of the people will be directed at their leaders, their lenders and the IMF. A redo of 2011.
-The election will spur debate on the future of America’s entitlement programs. There will be broad based agreement that the time has come to address the problems with Social Security, Medicare and Medicaid. Politicians will try to divert the focus away from Social Security by pointing fingers at the Disability Insurance side of SSA. While it’s correct that this program is a complete disaster, the DI Fund is not the problem. The Retirement Fund is the real problem. The attention that DI will get is just a diversion from what is actually wrong with America’s favorite entitlement program. This will be a “young” versus “old” fight. Both sides will come to understand this.
-The summer of 2012 will bring the largest polar ice melt in history. The Mayan calendar will end with no consequence.
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I reckon you could well be spot on with the time and the winner!
Good call afterall.
I really liked this, open balls-to-the-wind, predictions for 2012. Around 50% is bound to crop up sometime during the year, probably not on the exact timeline, but it is thought provoking. Thanks.
Cost of solar panel power (subsidised) is already on a par with the cost of conventional power stations in some countries. There will be a breakthrough in conversion technology boosting solar cell efficiency to +38%, (Currently at 8%-20%) where solar energy becomes cheaper than fossil fuels for electricity*. (Triple junction metamorphic cells as used on the Mars exploration rover already reach 42.3%), It will eventually lead to decentralised power grids eliminating the 7-10% of line loss, over-reliance on fossil fuels (And all that implies), at the same time improving strategic energy supplies in the event of a disaster.
Edit: The delayed Facebook IPO will break all records, then tumble back to below IPO price within 9 months. At one point, the value of Facebook will exceed the combined asset value of everything on planet Earth, before they pull the plug on the algos.
*Calculated at non-subsidised rates for coal/nuclear/oil power stations, and assuming the cost of improved solar cells remains at current rates.
Fabulous, thoughtful list Bruce!
You had a few thoughts on expansion of the nuclear club ... You spoke of Japan perhaps seeking to build nuke weapons (which it can do within months), after a general US overseas military contraction (Hurray!) ... and of course the Iran idea.
You may have missed the running thoughts for several years, including by some Israelis, that Saudi Arabia already has a nuclear weapon, purchased from Pakistan. Perfectly logical trade, that.
One of the Saudi princelings even hinted as much, quoted in a news story recently. When I tried to find the story again it seemed to have 'disappeared'.
And with Iran, there is also the story that they bought a nuke years ago from Ukraine. Supposedly they just bought the missle, without the warhead, ha! ... When the Ukrainians needed cash badly.
My prediction for 2012 - 2013:
Swiss citizen Bruce Krasting implements his secret getaway plan to exit the collapsing sh*t in the USA.
Help me here, bank guy.
What is it about Switzerland that makes it useful to its neighbors and to the USA?
yeah, Japan could build a nuke within months ... they just have to get their plutonium out from under Fukushima first ...
Given the growing police state, the most logical legislation for the fascists in power would be a "luxury" tax on PMs, guns and ammo. A false flag attack by a militia group, with massive casualties, will spur the legislation
Great predictions Bruce, I agree with the majority of them. I never knew you were such an optimist and if the year turns out as well as you predict I will be satisfied.
Forgot one thing.
US Congress, Food Stamps and CR. Eventually enough is enough.
Silver will get above 60 and stay there while gold settles around 2000.
If Fukushima's melting cores are burning the way through the crust of the earth, leaving behind a pretty good sized hole there are two options to kill it.
take the spent rod casks that are stored at every nuclear plant waiting disposal. Pile them onto haul trucks and dump em into the hole. Keep dumping, import more fuel casks from the USA and other nations as required.
The second option will be to drill nearby and get below the core pool and angle down below it.
Slide a nuclear war head down there and detonate the hole to seal it and I suppose when the melting pot gets close enough a temp sensor can probably be a fuse and light the thing. Causing a glass cavern to form and no more fuel pool.
There will probably be hell to pay at the old plant site, but what the hell, we all agree the entire plant is scrap anyway.
If for a moment the US or Israel sees any evidence of a big missile being loaded with a Iranian warhead (Or satellite so they say) they will strike. They dont have to do anything really, just park "First Light" in the area and fry it as it's in the boost phase.
I say the Iranian exercises are a prelude to war. They dont want to be bombed into oblivion inside the tiny bathtub of a Hormuz so they scatter where they can do the most damage and loiter until it's time.
If Fukushima's melting cores are burning the way through the crust of the earth, leaving behind a pretty good sized hole there are two options to kill it.
It doesn't work like that - Chernobyl proved it.
As the fissionable material melts through the ground, it melts the sand and rock around it which dopes the whole mixture and eventually vitrifies it. Chernobyl's core melted down until it hit sand and then it got too diluted and became sub-critical. Molten things mix - and the molten fuel inevitably ends up diluted with all the stuff it melted with it.
That's not to say that the whole Fukushima thing isn't a colossal disaster and that the MSM have played it down in truly Orwelian fashion, but the idea of a core melting endlessly through the earth's crust is not one of the outcomes.
Go Giants! San Francisco is where you wanna be!
World to end in December 2012.
World to end in December 2012.
endquote
The world ended on Dec 23rd 2011. The MSM have refused to cover the story.
Obama signed the NDAA?
Women, children, and blacks to suffer the most.
You forgot the latinos and latinas.
Not a big prediction... it has happened almost every year since humankind have existed...
And by almost, I mean, there were years where asians/whites suffered more than blacks (great leap forward, ww1/ww2/vietnam/korea, , North American Indians suffered more than blacks since they were wiped out, etc...) but overall, since most of Africa is black, blacks are the ones suffering the most on average.
What's undeniable is that women and children are always the ones to suffer the most every year. That has always been true.
What's undeniable is that women and children are always the ones to suffer the most every year. That has always been true.
OK, I'll deny it. Since the downturn in the US began, whose unemployment has gone up the most? Men.
http://www.newyorkfed.org/research/economists/sahin/GenderGap.pdf
ANd as far as the social engineering class is concerned, this is a good thing:
http://michellemalkin.com/2009/01/22/robert-reich-keep-stimulus-money-aw...
Well I'm talking worldwide.
The problem is that you're still talking.
Taiwan will be invaded by China.
Sarkozy will get kicked out.
Putin will fraud elections, there will be massive riots...leading to Putin resigning and putting ``his man in charge`` who himself will resign later.
Economic collapse in the US.
50 million + on food stamps.
There will be war against Iran before the election.
Gold will go through 2500$.
There will be a new false-flag in the US blamed on militias and Ron Paulites.
Army will be deployed in several US cities.
There will be militias attacking US troops on US soil.
This will be the beginning of the civil war 2.
North Korea will do a provocation against South Korea in March. It will lead to South Korea striking deep inside North Korea. North Korea will respond, China will get involved.
Japan bond market will finally implode.
Syria will fall.
Israel will take on hamas and Hezbollah.
Pakistan will get overthrown by the generals.
There will be a big earthquake somewhere that will kill a lot of people.
Fukushima will get worse.
Canada will go into recession.
Harper will pass more police state laws.
There will be deeper integration aka north american union between US-Mexico-Canada.
The war on drugs will get worse.
2012 will be the bloodiest year yet in the cartel wars in Mexico.
Japan government will change yet again.
How about "Canada invades US while citizens in US are diverted by ambushing Federal troops!"
I'd be more worried about Mexico and the cartels.
Cycling re-criticality at Fukushima leading to a radioactive "Old Faithful" spewing Cesium-laden water into the air at regrular interverls.
"War Horse"? Come on!
Don't write off the Mavs because they haven't won yet.
There will be a new false-flag in the US blamed on militias and Ron Paulites.
There is an alleged link between a US Justice Department program "investigating" the "patriot movement" and OKC. Apparently department-paid snitches may have provided logistical support . I have not seen any hard evidence yet, but in light of the FACTS surrounding Fast and Furious, it is impossible to totally discount the story. The people who rise to operational levels in some of these agencies seem capable of anything in pursuit of their ends. I would truly like to trust my government, if only it would behave in a trustworthy manner. I also know for a fact that there are rank-and-file members of the "public service" who actually see it that way: public service.
I can't fix it from here.
People tend to forget that authorities treated the two biggest crime scenes in American history the same way: removal of the evidence as quickly as possible.
Clinton said he owed his re-election to the OKC bombing 'bringing us together". Bush no doubt owed his reelection to 9.11. Just a coincidence.
dangerous to make predictions but i fear the worst
there have been some excellent comments on Zh and i recite a couple;
"(i am like) a fire marshal who takes note of an outlet with fifteen things plugged into it, some with frayed cords, located near a pile of old cleaning rags. I can't tell you for sure that a fire will result, only that the odds are elevated. A prudent person will take steps to remedy the situation or at least prepare for the possibility of a fire.
no government has (yet) taken appropriate action.
And tyler said;
Let us speak in praise of flexibility, and avoid the siren songs of false precision and certitude.
No-one knows.
Remember;
Governments desire power NOT value - they will bail out ANY & EVERYONE provided some version of the status quo exists.
and finally the worst outcome - war - is not something that anyone wants and so everybody will be pulling together to keep the can rolling down the street.
dont underestimate how long the can can be kicked.
particularly when you go do due diligence and ask the 'sheeple' in the street, "how is the crisis affecting you?" and they reply . "yeah it's real crisis that (insert football mangers name) got fired"
theres a way to go yet. but it is absolutely irreversible. and its gonna be really bad.
just hope i can think of the best place to be when TSHTF
Muddling through.
My absolute worst nightmare.
Bruce's was just Hopium writ large.
Yours is a little closer, still way too positive tho.
Way too positive? War in Iran, Taiwan, Korea and civil war in the US is too positive? What you want more? Nuclear war?
I hope to God I'm wrong on a bunch of these.
Also, oil will break 200$ a barrel.
I think Taiwan will invade China, and use their fifth column of KTV "hostesses".
You're all way, WAY off:
Canada will invade and annex the United States.
A proposal to legalize marijuana will result in a civil war between Lockheed-Grumman and Altria.
Congress will vote to extend its insider-trading immunity to all the primary dealer banks.
Mitt Romney will drop out of the race after the NYT reveals that he's had an affair with every bank on Wall Street.
The governments of Greece, Italy, Portugal, Hungary, Spain and France will all topple within days of each other. Germany will quietly put all six of them in its back pocket, then after second thought will take Greece and Italy back out.
Obama will declare "I am President For Life". Michelle Obama, I mean.
Good stuff...
No No No!
Mexico will invade the United States by stealth, via infiltration through its southern border, in a long-term plan to reconquer its former territory lost in 1848 after the Mexican War.
(What, you say that has already happened?)
Canada, not to be outdone, will invade and annex St. Pierre and Miquelon islands, liberating them from harsh French oppression and wiping out the euro's only North American foothold "before it spreads". Canadians across the nation celebrate the formation of the Canadian Empire in a mass orgy of beer-drinking; 84 people are killed by misthrown curling stones as a result.
A proposal to legalize enormous "defense" cost overruns by Lockheed-Grumman will result in the widespread smoking of marijuana.
Congress will vote to officially surrender to the TBTF banks, and will roll over on their backs in a mass display of submission on the floor of the House of Representatives (Ron Paul alone refraining).
Mitt Romney will drop out of the race once he realizes "Damn, after I die I will have a whole UNIVERSE to rule myself --- what the fuck do I need with this shit?"
The governments of Greece, Italy, Portugal, Hungary, Spain and France will all topple within minutes of each other, as the euro finally dies. Gabriel blows his trumpet, and the Beast is released from his pit. There is much rending of clothes and gnashing of teeth. The sea turns to blood. The Four Horsemen ride the land. Plagues. Pestilence. Famine. And the lord Bernanke looks down, and says "It is good".
Obama will reveal his true nature as an alien-born human replicant. The mainstream media will ignore the story. Michelle will be too busy sucking the meat from a rack of ribs to give a shit.
MORE good stuff.
Nuh-Uh,
Germany will realize that either they are a slave to the global banking cartel or they withdrawl from the euro and throw the whole world a nasty curve ball--
they withdrawl, the US dollar gets way overstrength due to the flight from the euro and currency/economic deflation starts--gold and oil (among other things) get cheap, but no one wants to sell.
The dollar is dashed between supply and demand failing to meet anywhere except on necessities, where price discovery almost takes brutal physical action.
The USD finally pukes under the pressure, mostly because people would rather trade things like tires and oil for bread and tomatos.
Meanwhile the whole worlds' currencies are puking together all because Germany decided it did not want to be anyone's debt slave.
False flag attack happens and it is so good that even people who have been waiting for it are fooled. Some other bullshit terrorist organization steps up and says "yeah, we did that!" and it's on again.
Happy New Year everyone-I hope you got your rifles and ammo for your gifts. When you are not able to exchange your pieces of paper for your food, that is when the exchange in lead begins-that cool guy down the block needs to feed his family and suddenly he is not so cool.
Here's one from way out there, Ron Paul's return to the Constitution message will be embraced by many republicans, independents and a handful of democrats resulting in a narrow victory over Obama in November!
Ron Paul 2012, Restore America Now.
Obama will have a sex change operation during his second term so that he can "make history" again by becoming the first woman President. He will also announce that even after the surgery that he is still gay.
Great, then Michelle should have no problem revealing she was born a man.
And a good many of us will have no problem believing it!
McRib --- CHAWMP!!
http://moonbattery.com/michelle-obama-ribs.jpg
The operation will be performed at the Disney machine shop, making him/her the first mechazoid President as well.
A black female TOTUS?
A new protected class.
oh, yeah! and the algos get direct data links to the pres ... for a price, that is.
Interesting Bruce, thanks for sharing your thoughts. I enjoy reading your commentary.
He's got some set o' balls on him, yeah he does. Takes Herculean cojones to got that far out on a limb.
Very bold of you Bruce.
I predict more outside of the box unpredictability.
I don't think Obama would choose Hillary as running mate. She's way too polarizing.
He'll choose a military man, a General. Someone like General Petraeus. And as for Biden, he'll conveniently leave to "spend time with family."
>spend time with family
despite protests from his family?
Here is one thing I hope happens, term limits for Congress, sign the petition if so inclined:
http://termlimits.org/
not that it's going to help that much this late in the game.........
Nope...step-level function coming. Like it or not, Zero will attack Iran: he needs the ZOGbux to campaign with, and MSM will give traction to birthers if he doesn't. THEN Iran will close the Straits. Oil = $300/barrel, dollar and US economy collapse. Meanwhile, yes, RP goes 3P...and gets 25%, not 10% of the vote; generic Republicrat gets 35%; Zero creeps thru via the EC with c. 40%. This existential political crisis + economic collapse = Civil War II. First Tuesday in November, 2012. Then: 60 days to Fort Sumter. Invest in lead.