The Big Picture: 2010 predictions and actions: reposted from 1 year agoSubmitted by laissez faire on Fri, 01/01/2010 - 17:51
The Big Picture: 2010 predictions and actions
Profit-taking takes the Dow below 10,000 early in the year. That will bring worry of a double-dip recession, and be the last straw for many baby boomers, who will flee the stock market (mostly for money markets) so as not to screw around with their nest eggs. That decline will fuel Stimilus part 2, including immediate help for small businesses and, with the slower, state-bureacracy-based Stim part 1 leftovers being spent, GDP will indeed rise and unemployment will ease, leaving odd feelings about the economy. Older people will take less risks, save more and worry slightly less about deficits, apre moi le deluge. They will also go back to the Democrats in large numbers because they see stimulus spending as working. Younger people will revolt. Age warfare will eclipse class warfare in the next few years, and it will first flourish in 2010.
As a result of this, the Liberty Movement will complete its trek from being ignored to being hijacked. Reagan-Palin-Rubio conservatism and ‘their’ Tea Parties will get more money, votes and traction, and young people will play a big part in that, so Republicans will make gains in Congress.
But the angry young will split , and those opposed to the warfare state and concerned about the dollar, including a significant number who previously described themselves as progressives, will join the liberty movement, whose figure-head will remain Ron Paul. RP will not announce for President in 2010, as he is hammered relentlessly during his son’s Kentucky primary victory and close general election victory, and will come to see Rand’s political future as more important than his. Peter Schiff will not be able to win the GOP nod in CT because of the convention style primary, though many will come to believe his dove-ish foreign policy views would have been their best shot to beat the Dem nominee, who might not be Dodd.
The Reagan-Palin-Rubio conservatives will pound on their differences with libertarians on the census, pot, a nuclear Iran, the gold standard, and yes, they will attempt to equate libertarianism as the home of birthers, truthers, chemtrailers, flouriders, etc.
2010 will be one year in the long struggle to return American government to the Constitution. Millions more sheeple will be convinced that government is not the answer, but many of them will not come full circle, as libertarianism gets smeared in 2010.
One man’s opinion. Feel free to weigh in with yours