Thursday, December 31, 2009

Some Random Predictions for Next Year (2010)

With Some Trepidation I look back at my predictions for this past year:


In Politics:

Civic - Jim Watson will become the new Mayor of Ottawa. CORRECT

Provincial - McGuinty's popularity will continue to decline and we may well see his resignation prior to year's end. PARTIALLY CORRECT

Federal - There will not be an Election in 2010. Tory popularity will continue to rise and Harper will do his damnedest to force (embarrass) the Opposition Parties into voting non-confidence - but all to no avail. This effort will begin with Harper's March Budget. CORRECT

Obama's popularity will continue to decline and the Republicans will make major gains in both the House and the Senate this coming November. CORRECT


The Economy:

The markets in Canada, the United States and around the world will continue to improve CORRECT

The US $ though will continue to decline, while Gold will continue to rise in value. CORRECT

The Canadian $ will surpass the American buck CORRECT (BY THE SKIN OF A LOONEY'S TEETH)

Interest rates will rise significantly in both Canada and the United States and House prices in Canada will decline significantly. WRONG ON BOTH COUNTS

Oil prices will range between $60 and $80. PARTIALLY CORRECT - BUT VERY RECENTLY PRICES HAVE EXCEEDED $90.

Taxes will rise ...a no brainer. DAH


The Environment:

Will be much less an issue. BANG ON

Copenhagen will soon be forgotten and Al Gore will be increasingly discredited. CORRECT

The Oil Sands will be more widely accepted. CORRECT


Afghanistan and Terrorism:

The American Surge will prove successful and the fight against world terrorism will be stepped up. This will be due primarily to a conversion on the part of President Obama with him beginning to accept that the only way to deal with bad guys is through superior force. CORRECT

Acts of Terrorism will unfortunately be stepped up with some occurring in the United States itself. PARTIALLY CORRECT


On balance I think I did okay - you be the Judge. My Predictions for the coming year (2011) to follow.

As I see it...

Note: if there are any subjects that you believe I overlooked or if you wish reasons for my above predictions please just let me know.

"Galagher"