Your predictions and analyses, what will happen during Obama presidency?, page 1
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reply posted on 13-11-2008 @ 09:13 PM by Blaine91555
Peoples take home pay will decrease for everyone. It may not be actual income tax, but new payroll taxes or increases in those we have now will increase.

Small businesses will either fail by the thousands or they will lay off their workers and find ways to continue without hiring others.

Health Care will be partially socialized and the quality will diminish greatly.

MD's will be in short supply because they will no longer be able to earn enough to justify the outlay of a quarter to a half million dollars to get their degree and set up a practice.

Finding an MD when you need one will become an impossible nightmare and people will be reduced to waiting months or years for elective surgery or they will go to other countries like the Canadians do if they can.

Since nearly all Democratic Congresspersons and Senators are themselves Attorneys, the cost of everything, especially medical care will go up even more due to frivolous lawsuits as the scummy attorneys line their wallets.

Unemployment will top 8%.

Mortgage rates will top 10% and perhaps as high as 20% as they did during Carter.

Education standards will be reduced and teachers will be held less accountable for their failure to teach.

Entitlements will increase dramatically as will the National Debt.

The US / Mexico border will be grossly understaffed and illegals will pour in by the millions putting a huge burden on our Hospitals, Schools and local economies.

The laws will be changed to allow illegals to have all the rights of US Citizens.

Gang activity will increase dramatically and inner-city crime will explode.

Or not???????? Check back with you in four to eight years.


reply posted on 13-11-2008 @ 09:15 PM by chapter29
reply to post by Lucid Lunacy



Love the comment...

Last time you came thru with the goods I bought ya' a Stella - you preferred the blood of christ...

Take ur pick and Drink up!





Star and Vino...



[edit on 11/13/2008 by chapter29]


reply posted on 13-11-2008 @ 09:28 PM by anotherdad
reply to post by Blaine91555



Nailed it! nice work. Couldn't say it better myself. Why high interest rates? Inflation kills the bond market (long term investments)30 year fixed Mortgage rates are based on 30 year mortgage bonds. No one buys, price goes down, price goes down you have to offer higher rates to get people to buy. Rates skyrocket and most of the rest follows.

Good Post


reply posted on 14-11-2008 @ 09:17 PM by GetOutOfMyRabbitHole
Hmm... I think

tensions will rise between the West and our allies and China. (Due to the current economy and their rising power, middle class, power in the world, etc.)

tensions will rise between the West and our allies and Russia. (Russia's Duma just voted to extend Medvedev's term to 6 years, so Putin isn't going anywhere for a while)

implementation of either the Amero or some kind of global currency

10-15% unemployment rate by end of first term and fewer jobs

many people moving in with friends and family to stretch money and resources further. I've have already seen this, as a friend of mine just got foreclosed on (after having been laid off) and moved in with another friend of mine (who also just got laid off). Fortunately they both have second backup jobs, and are not only splitting expenses, but cutting back on a few- like extra cable channels and such. This has always been done by people in tough times, but I think there will be a lot more of it.

less materialism, people returning to the kinds of entertainment we use when in simpler times- games, reading, drinking (yay for adult having adult beverages), more conversation. (Which I have to say, is not a bad thing, in my opinion.)

less going out to dinner, less frivolent spending, hopefully a return to more local buying of goods and foods

the cost of food will go up

more homeless, more crime

And I do think this would have happened with Mccain too, except with foreign policy. Although he did show some belligerence duing the Georgia/Russia conflict earlier in the summer, the neocons and Kissinger seem far more concerned with the Middle East, whereas Brzezinski seems more concerned with Russia and China.


reply posted on 15-11-2008 @ 09:27 AM by HugmyRek
reply to post by Jazzyguy



Dark days.
Biden taking power.
A plauge.
The northeast of america under lockdown
A brief but disasterous invasion. Of who? Don't know.
An exodus to Canada.
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