2012 can’t be much worse than 2011. Let us look into the crystal ball and see what will happen in the New Year. Here are the Top 10 Predictions for 2012.
1. GOP wins presidency: Despite all the bickering between the Republican presidential candidates, one will emerge to beat President Obama, who will be sunk by the bad economy, high unemployment, out-of-control deficits, and Obamacare. His performance in office has been so terrible that Obama would lose even if his opposition was Ru Paul.
2. GOP wins back Senate: Republicans win back the Senate with room to spare, gaining a 54-46 majority by taking back Democratic seats in Florida, Nebraska, North Dakota, Missouri, Montana, New Mexico, Wisconsin, and Virginia. Alas, Scott Brown loses in Massachusetts as the Bay State reverts to its liberal ways by electing Elizabeth Warren.
3. Obamacare overturned: The Supreme Court will overturn the Patient Protection and Affordable Care Act (a.k.a. Obamacare) on a 5-4 vote, declaring the individual mandate unconstitutional. The four votes to uphold the healthcare law came from the two Clinton (Breyer and Ginsburg) and two Obama (Sotomayor and Kagan) appointees. Don’t forget to thank former President George W. Bush for appointing John Roberts and Samuel Alito to the high court.
4. Russia crackdown: Vladimir Putin cracks down on Russian protesters, using the military in action reminiscent of Tiananmen Square. The action only inspires unrest throughout the nation and Chechen rebels resume their conflict with a spate of violent activity.
5. Greece defaults: Greece defaults on its financial obligations, sending the Euro into a tailspin. By year’s end the entire European Union teeters on collapse as Italy and Spain’s balance sheets worsen. The turmoil helps keep U.S. Treasury bills near record lows as investors seek a safe-haven from uncertainty.
6. Arizona immigration law upheld: The Supreme Court unanimously upholds SB 1070, the strict Arizona immigration law. With the constitutionality of the matter finally settled, numerous other states rush to enact similar laws with the resulting political furor aiding Republicans on Election Day.
7. Syria regime change: The second year of the Arab Spring brings regime change to as President Bashar al-Assad flees to neighboring Iran. Unfortunately, anti-Western Islamists seize control of the nation as well as taking over new governments in Egypt and Libya.
8. Inflation kicks in: The Federal Reserve’s qualitative easing and the nation’s massive budget deficits kick inflation up a notch. Watch for the inflation rate to hit 5% with a rise in prices at the grocery store higher than the official Consumer Price Index.
9. Occupy goes away: 2012 will see the Occupy Wall Street movement fizzle out as winter weather and cities enforcing local ordinances drive the motley crew back to their parents’ basement. Good riddance to that group of misfits, ruffians and professional activists.
10. Temperatures stay flat: Global warming continues its hiatus as world temperatures remain flat. Still, Al Gore and Hollywood movie stars push their alarmism while UN officials and climatologists gather at a plush conference in an exotic locale to discuss how to handle the fallout from Climategate 2.
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