Obama Presidency: A Transition to Power

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The dancing in the streets is getting old already, so here’s where the dread takes over. (Dear wonderboy speechwriter: We could really use a “fear itself” about now.) Vacation homes are on the chopping block; the stores are closing; no one’s ordering appetizers or desserts. Even the universe has slowed its expansion, scientists theorize, meaning everything really is connected to retail. You start clipping coupons and offering prayers to Saint Suze Orman. Flat is the new up, conspicuousness is the new sin. Nobody wants front-row seats anymore, because it’s safer to be part of the crowd. Luxury customers are asking for plain paper bags. (From the washington Post)

081208_worst_predictions01Prognostication is by far the riskiest form of punditry. The 10 commentators and leaders on this list learned that the hard way when their confident predictions about politics, war, the economy, and even the end of humanity itself completely missed the mark.  From ForeignPolicy.com.