Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Some predictions for 2008 from the Motley Fool

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
swag Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-07-07 12:18 PM
Original message
Some predictions for 2008 from the Motley Fool
http://boards.fool.com/Message.asp?mid=26152216&sort=whole&source=ihtfoceml769000

. . .

5) The November 18th, 2008 Business Week cover will show a stylized house with what appears to be a red liquid flowing out the doors and windows, with the headline: "Blood in the Driveway? The Housing Nightmare". Seeing this as a contrarian indicator, many of us on METAR call a bottom to housing. Unfortunately this will be the first time in living memory that Business Week gets it right.

6) Through back room wrangling and an inexplicable veto-override vote in Congress, hedge fund managers are made to pay the same taxes as everyone else on their earned income. Over night, the entire hedge fund industry disappears as managers feel they are not being adequately compensated for the risks they are taking with other people's money. US GDP and productivity rise a corresponding 1%.

. . .

8) The glass ceiling, while sadly, remaining intact in finance, will be broken in politics. As a major breakthrough and a first in US politics, an ecstatic Hillary Clinton will be nominated as a candidate for President of the United States.

9) Unfortunately, she will not be elected because there will be no election in 2008 as a state of emergency is declared in an effort to, "Keep us safe from those forces that threaten our American way of democracy."

. . .

11) Oil hits a session high of $124/barrel, along with gasoline at $3.58, and new highs in heating oil, food, healthcare, clothing, electronics, chewing gum, and bottled water. Thanks to hedonic adjustments, chainlinking, and other outright lies, inflation remains tame at under 3% and GDP vigorous at just over 3%.

12) Ben Bernanke will crank up the "technology called the printing press", and order a helicopter drop of new $100 dollar bills to fight finance sector and housing related deflation. He will be confounded to discover all US helicopters are currently deployed in Iraq and Afghanistan, and won't be available for cash drops for some time.

. . .
Printer Friendly | Permalink |  | Top
OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-07-07 12:47 PM
Response to Original message
1. ,,,
"12) Ben Bernanke will crank up the "technology called the printing press", and order a helicopter drop of new $100 dollar bills to fight finance sector and housing related deflation. He will be confounded to discover all US helicopters are currently deployed in Iraq and Afghanistan, and won't be available for cash drops for some time."

but, finds that wire transfers work just as well.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu May 02nd 2024, 11:23 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC