December 2009

2010 Prediciton: Destabilization of U.S. two-party system of government

/ By / Politics, Predictions-2010 / 1 minute of reading

The economic inequality throughout the nation will create a potent grass-roots reform movement in 2010 that will fight to reverse the concentration of wealth and power of an advanced oligarchy, which will begin to politically destabilize the two party system of government. (November 29, 2009) For more 2010 predictions (so far) and to read my […]

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2010 Prediction: Unequal wealth grows in the U.S.

/ By / Economy, Predictions-2010 / 1 minute of reading

The inequality of wealth in the United States , between the declining middle class and the wealthy (top 1%) will soar to unprecedented levels, as the market forces of the Great Recession continue the growing and corrosive gap between the rich and the poor. (November 29, 2009) For more 2010 predictions (so far) and to

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2010 Prediction: U.S. Dollar rejected, U.S. public debt

/ By / Economy, Predictions-2010 / 1 minute of reading

China , Russia , India , and the commodity bloc in the Middle East will begin to reject the fiat currency of the U.S. Dollar, buying gold and other precious metals on a large scale as U.S. public debt exceeds 70% of GNP and the banking system in the United States continues to deteriorate. (November

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2010 Prediction: Collapse of the U.S. Middle-Class

/ By / Economy, Predictions-2010 / 1 minute of reading

The once vibrant and robust American middle-class that was the pillar of American democracy we become no longer sustainable and begin to collapse in 2010 as the number of people seeking jobs far exceeds the number of jobs available with almost 50% of the home mortgages being underwater (meaning that middle-class homeowners will owe more

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2010 Prediction: U.S. Economy move toward a free economy

/ By / Economy, Predictions-2010 / 1 minute of reading

Due to the ongoing state of crisis and economic contraction in 2010, the United States will move toward a free economy to a command economy where the supply and price of resources and energy, and the production of goods and services, will be directed more and more by the government than by market forces in

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2010 Prediction: Federal Reserve Transparency Act (H.R. 1207)

/ By / Economy, Predictions-2010 / 1 minute of reading

FEDERAL RESERVE PREDICTION: H.R. 1207 The Federal Reserve Transparency Act, a bill to amend title 31 of the United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported

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2010 Prediction: U.S. Unemployment and Under-Employment

/ By / Economy, Predictions-2010 / 1 minute of reading

Due to ravages of economic crisis there will be over 28 million people unemployed or underemployed by 2010, with nearly 50 million people living in poverty (e.g. a family of 4 with a income of no greater then $22,050) and struggling with no health insurance or health care of any kind. (November 30, 2009) For

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2010 Prediction: U.S. troop deployment to Afghanistan

/ By / Politics, Predictions-2010 / 1 minute of reading

By the close of 2010 it will become clear that the additional 30,000 troops deployed by the Obama Administration (bringing the total number of American troops in the country to 100,000) will be insufficent to counter an increasingly confident Taliban insurgency operating deep inside of Northern Pakistan. In the face of mounting American casualties and

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