Predictions for 2012

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The first of every year, we encourage you to look around, set some goals and live intentionally. As a family we meet together early in the year, devour some quality Chinese Food and set our goals for the year.

As part of the process, we look around and take inventory of what we see. Part of the process is our annual predictions column. We have some big predictions for 2012, but first let’s review the record of what we said in early 2011.

Last year we said, “Economic growth will remain sluggish at best. Housing prices have not yet hit bottom and will definitely continue falling. Foreclosures will continue unabated and this will pressure the banking system.”

I don’t think we were far off the mark. We continued with, “The Federal Reserve, under the leadership of Ben Bernanke, has run out of tools to boost the economy. Continued quantitative easing will increase inflation while barely budging the unemployment numbers. ”

Again we hit a bulls-eye. The Fed is out of ammunition. They risk serious inflation if they pump much more cash into the system. The only factor currently protecting us from inflation is the deflation in housing and real estate. All the money destroyed in the housing crisis is being restored by the Fed, but it isn’t circulating with us common folk because it is all being used to rescue insolvent banks and governments.

Our only real clunker of a prediction was, “Gasoline will trend upward to nearly $4.00 a gallon, and could even surpass it. Every additional gallon of oil pumped out of the ground is more costly than ever to produce. Rising gas prices will further drag the economy down.” They are up but not that much.

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  • Rev. Roy Trepanier

    The uprisings in the Middle Eastern countries, the failing and debt-ridden nations of Europe, the imminent collapse of the American Empire, the religious fanatacism ruling Iran, Egypt, Syria, North Korea etc, etc…are all about at the end of their "fixes", "bailouts" and "schemes". When they "hit the wall", very likely in 2012, the shock wave will spread around the globe like a financial "Tsunami". Chaos, anarchy and starvation of entire populations will follow, as will wars by the "power grabbers".
    It has been foretold and prophesied for millenia. Look up and prepare to meet your maker.."every knee shall bow and every tongue confess that Jesus Christ is Lord, to the glory of God almighty". A word to the wise is sufficient. "Seek Him now while He may srill be found".
    Rev. Roy…<><

    • Asher

      Yes Reverend, Jesus, The Lamb who was slain is the only one worthy to open the Scroll and the seven seals, in Revelation 4:5, because his precious blood saved men from every tribe and nation, through his sacrifice on the cross. The Lamb will open the seven seals and the Judgement that is to come upon the earth. The Four Horsemen of the Apocalypse are coming, you can hear their hoves approaching, The White Horse, (The Conquerer, , The Red Horse, (Representing War,) The Black Horse, (representing famine) and the Pale Horse, (representing Death), those who are not saved and do not believe will be left here for the Great Tribulation, and The Destruction of Earth.

  • StephenD

    What better way to usher in a tyrant. If you are putting food on my table and shoes on my kids feet and a roof over our heads, I am on your side. The rest of the population (the minority of "The Haves" will be forced into line).
    Not long after, Martial Law and forced labor to ensure continued goods for the masses will be the norm. We have excellent examples as to what to expect. Look at Cambodia, Soviet Union, China, Cuba, N. Korea.
    Yeah, for a few elite the future looks bright. For the rest of us, well, can you say “Soylent Green?”

  • laide

    let those who have ears hear what the spirit is saying .you cannot afford to turn deaf hears because you are a spiritual being

  • SpiritOf1683

    Prediction for 2012 – the chickens of 2011 will come home to roost. The fallout of supporting Al Qaeda in Libya, Egypt etc will become all too obvious. One yrear ago, our so-called leaders saw a golden opportunity to strut the world like peacocks, and backed the wrong side, despite countless warenings. Thanks a lot Obama, Cameron, Sarkozy etc. You've given al Qaeda and the Jihad the biggest shot in the arm since the fall of Constantinople in 1453. How can we expect to contain the Jihad when we cannot, or are too scared to control our own Muslim populations?

  • Amused

    To the Brown's – where on Earth do you get the notions that you eventually are given a venue for here on FPM ? More violent than ' 68 ? Do you mean the cops ? Sure OWS is silly and stupid in many cases but really , you're letting your REpo-Con Paranoia run rampant . Maybe you two are the new Manson Family huh ? Helter Skelter for the country in 2012 …gimme a break ! As for the FED , it can only do so much after the politicians and the greed of the plutocracy in this country have wrecked the economy .And ya know what ? They haven't changed a thing , Wall Street's up to its old tricks , sane regulation is still largely ignored BY BOTH PARTIES. And here's a NEWSFLASH !! Ya know what the NUMBER ONE US EXPORT WAS FOR 2011 ? OIL , refined oil . As for the Debt -WHERE IN THE HELL DO YOU GET YOUR FIGURES ?? 200 TRILLION !!
    Hey what kind of medication are you both on ? Are you appealing to people who have unplugged their brains ?

  • Amused

    As for predictions and your "journalism " ….Keep your day jobs!!

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  • 93Metro

    It is your right to be blind….