2003 Predictions

WashTimes ^ | 01/02/03 | Tony Blankley

[Archangelsk]

First , the good news: A year from now civilization will still be intact and most Americans correctly will be looking forward to a very good 2004, in which the economy will be growing, President Bush will be admired through much of the world and his re-election will be almost certain. But, before the cheering must come the struggle. So follows the not completely cheerful predictions for 2003.

[Archangelsk]

Normally, I don't comment on what pundits and editorial writers have to say, but IMO there is a disconnect between Mr. Blankley's predictions and the rosy outlook he gives us for 2004. Strange times is all I really have to say.

[canuck_conservative]

"The fall of Saddam will trigger uprisings in at least two Middle East countries — one such government will fall to a
fundamentalist/jihadist regime, the other to a more or less pro-western, moderate, democratically inclined government."

Any guesses which countries he's referring to? I say #1 is Egypt, and #2 Iran.

[Archangelsk]

I'd go with Saudi Arabia and Iran, but Egypt is not out of the question.

[TightSqueeze]

2003 Predictions

Tony Blankley

Anyone believing in these predictions may wish to view my fine line of wrist watches at buy_the_brooklyn_bridge.com

[babylonian]

Are you still carrying those wristwatches in the trunk of your car?

[Revolting cat!]

I gotta tell ya, the perdiction racket hasn't been the same sing the late grate Jeane Dixon unperdictably hadda check out of the planet. What of we got now, the Weekly World News? That's a much too intellekshoeall journal for these kinds of games. Oh, well...

[Sinner6]

I would say Iran is a lock. Iran would probally change even without Saddams fall.
After that Egypt, and Saudi Arabia would be good contenders.

[Cicero]

Saudi Arabia and Iran. We've been predicting it here all year. And when the Saudis fall, we will move in to pick up the pieces.

[canuck_conservative]

Yeah, I think you guys have something with a Saudi Arabian revolution.

And THAT would sure cause a lot of oil speculators to have to change their underwear.

[T. Jefferson]

The still overpriced stock markets will drop about another 10 to 15 percent by the end of the year.

The Dow will be 10,000 by April 30,2003.

[JNB]

Based on what? Yes, its possible that there are enough fools to take the DOW to 10K on a very short term basis, but that will come very much so at the expense of the bond market. The bond market decline will raise long term intrest rates in this scenario, and finally choke off demand for home re-fis, and of course, home re-fis has been the main fuel consumers have been using to prop the economy up. Gotta love reality

[Momaw Nadon]

• Saddam Hussein and his Baath Party will be out of power in Iraq by the springtime. Our occupation of Iraq will be managed without any tragic incidents.

Attack on Iraq Betting Pool

[T. Jefferson]

The bond market decline will raise long term intrest rates in this scenario, and finally choke off demand for home re-fis, Gotta love reality.

The Reality is the perception of higher interest rates looming will accelerate financed purchases. Interest rates increasing in the next year is highly unlikely however, since there is no inflation. Stocks trade on the future outlook, which is much brighter.