Scary Political Prediction of 2004 Now Coming True

Greetings,

In 2004 - July 24 to be exact - I wrote a piece entitled "Committing Heresy: Get Bush Out In 2004". As I was finding out some of the results of the recent election that piece flashed into my mind and I re-read it to see how close my Election Prediction was from 2 years ago. Let me reprint it here for you to judge - and comment on...

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Committing Heresy: Get Bush Out In 2004
© 2004 by Michael Ross

I'm going to commit heresy, as far as some (many?) of my readers are concerned. Initially, you are going to think I've joined the dark side. Lost my marbles and done a Kerry flip-flop. But read me out before deciding on your final judgment.

Bold statement: George W Bush must lose the election this year for all our sake.

Okay. First the bad stuff. And number one on that list is The Patriot Act. What would have to be the worst piece of legislation to come out of any democratic government that I can remember.

With that, and the Department of Homeland Security, I am now forced to have a biometric passport (and I live in Australia!). Upon entering the U.S. I get my photo taken - and maybe even my fingerprint scanned - and pretty well treated like a felon. Nice way to treat someone coming to your country to spend money - NOT!

Granted, this might appear as the government doing its job - protecting the personal and property rights of its citizens. But that is all it is doing, only appearing to do its job, not actually doing its job. You cannot claim to be protecting someone's personal and property rights while simultaneously taking those rights away, can you?

But still. At least it is kinda in the right direction.

Dubya is for tax cuts. Good plus here. And for this reason alone he could be worthy of getting re-elected. And I'll elaborate more in a minute.

So on the one side you've got tax cuts and on the other side there is the Patriot Act.

From a financial point of view, the tax cuts are tempting. But to have all banking transactions monitored under the guise of protecting the country in case terrorists want to transfer money around, kind of defeats the point of tax cuts. It's giving me a little bit more money while monitoring my transactions and taking away my freedoms. And I'm supposed to be thankful for this?

Anyway. Some time in the next year or so, the Clinton/Greenspan Stockmarket/Real-Estate Bubble is going to finally burst for good. Stocks already tanked and now it is just a matter of time before real estate goes the same way. And judging by conditions in Australia and their mirror image in the U.S., that crash is not too far away. The only thing preventing it being Greenspan's interest rate manipulations. But they only delay it, not stop it from happening all together. So some time at the end of this year (maybe even before the election) and certainly in 2005, the real estate market will tumble and bring everything else down too.

If Bush wins in 2004, then the crash will happen on his watch. He will try to fix it. To turn the economy around. This will first be done as it is always done - by printing money. The economy will be in such a state that this will have zero effect. The ONLY thing which will help the economy will be to ABOLISH INCOME TAX and instigate a FLAT CONSUMPTION TAX. To make tax a true "user pays" system.

This will immediately put money (a lot of money) into the hands of the citizens. And this action will also turn the economy around. And could, in all reality, see a continuously booming economy.

HOWEVER, this will take time to get in. And if the economy tanks as much as I think it will, then come 2006, Bush will lose control of the senate and congress and won't be able to get his tax reforms pushed through. And he will lose control because the left will blame him for the crash - even though the events for the crash were set in motion by Clinton/Greenspan back on Clinton's watch.

So come 2008, the GOP will lose and Hillary (who will be Kerry's VP running mate in 2004), will win in a landslide. We will then be with 8 years of Hillary at the helm. And as she is a self-confessed socialist, then the economic future looks very bleak indeed.

BUT, if we let Kerry win in 2004, then the crash will happen on his watch. In 2006 he will lose control of the senate and congress. And in 2008, the GOP will get back in a landslide and can then implement the much needed income tax abolishment.

With no income taxes (private and company) individuals will be more financially able to pursue their goals. Companies will have more money to reinvest to create further values - which will mean more jobs and a flourishing economy.

Because there will be so little tax being collected, compared to today, there will be no need for the behemoth IRS. Just the savings on IRS running costs alone could run a small country.

Other government departments would also fall by the wayside as people didn't need them any more. The welfare state would diminish of its own accord with the booming economy.

The economy is at a stage now where nothing will stop the crash. Bush won't try for abolishing tax at this stage of the election campaign. In fact, not too much of anything will get done between now and election time. Which means, the crash is inevitable. It is going to happen. No-one can stop it at this point in time.

Now. If Bush wins in November, there is little hope he will be able to get tax cuts put into effect then. Just consider how much trouble he has had with the minor tax cuts he's trying to get made permanent at this point in time. When the economy dives and the GOP loses the senate and congress, Bush will be a powerless leader doomed to wait out his term and the GOP will be defeated mightily by Hillary.

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There was some more but it had to do with Australia and our conservative govt and the election of 2007. But besides, it looks like my prediction from two years ago is coming / has come true. So WiLL we see the first lady of old become the POTUS in two year's time?

Michael Ross