Monday, December 26, 2011

2012 Predictions

As we prepare to enter 2012, I offer my fearless predictions:
  1. The world will not come to an end in 2012.
  2. Romney will be the Republican nominee for President.
  3. Obama will be reelected as President.
  4. Republicans will not win a majority in the Senate but will continue to control the House.
  5. The Supreme Court will rule in favor of Obamacare.
  6. The economy will not improve significantly as Congress will not make the tough decisions necessary to solve our debt problems.
  7. European debt problems will continue--politicians in Europe don't have any guts either.
  8.  The protests of 2011 will continue into 2012 and will be expanded.
  9. The stock market, as measured by the S&P 500, will be flat or slightly negative for 2012.
  10. Iran will develop a nuclear weapon and we will impose more sanctions but do nothing else.
  11. We will still be involved in the war in Afghanistan.
  12. Gas will cost over $4 per gallon as we will not have expanded our domestic consumption due to environmental concerns.
It will be interesting to view these predictions a year from now.  Of course, if I'm wrong on prediction #1, none of the other predictions will matter. The Walrus

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