For selfish reasons, I refuse to make this into a politically ideological site, despite the fact that I have strong opinions concerning what has transpired in the United States. I have not missed a prediction, however, in the last fifteen years plus, and it is always highly entertaining to see if they become correct. So, I will formulate them, as well as the reasons for making them, insofar as social observations go.
Americans are a long-suffering people, but push them too far, and they will tear your head off. And, their patience has been tested to the maximum. Regardless of who you blame, the economy has sunk into a Depression, triggered by the favoring of ruthless, abusive corporations, who have frauded investors and homeowners with lies about the solidity and workability of the transactions which are at issue, causing major bankruptcies, home losses, and staggering unemployment. The situation has been gravely worsened by the favoritism these mega-conglomerates have been spoiled with, in terms of being allowed to continue paying pennies on the dollar to creditors, after they declare insolvency, while middle class individuals have had their right to get out from under, through declaration of bankruptcy, revoked.
Then, we have the development of the worst Trade Deficit in the history of the world, and the erosion of more domestic jobs, in favor of a globalism nightmare which is beyond description. The loss of foreign-based business taxes, as more of these companies have dropped American labor, for foreign shores, has been staggering. The depletion of tax revenue from the elimination of the estate tax, as well as from the suspension of a stepwise-increasing, corporate tax system, has been enormous. The two billion dollars every week, which is spent in Iraq, has decimated the economy, if only in taking money away from educational and vocational programs and job and small-business, stimulus packages. Then, thanks to de-regulation of financial institutions, their greed and misbehavior, leading to their near-demise, the economy has been further toileted by gargantuan, taxpayer bailouts. The staggering price of gasoline has triggered an enormous, compensatory hike in the Consumer Price Index, as business owners feel compelled to make up for their larger overhead, by raising prices.
The war in Iraq has also threatened our national security, by putting us in a dangerously, military resource-drained position, leading Al-Qaeda to re-surge in Afghanistan, and Russia to invade our Georgian ally, unrestrained.
So, the American people have been pushed so far, that the color of Obama’s skin will not prevent many of the bigoted members of our society, even, from voting for him. So.. Obama is your next president…. mark my words. And, again, I have not missed a political prediction in over fifteeen years.
