USA: Politics, Social and Economics

F.K.Baganoff et al.

U.S.’s $13 Trillion Debt Poised to Overtake GDP in 2012   "President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.” The CHART OF THE DAY tracks U.S. gross domestic product and the government’s total debt, which rose past $13 trillion for the first time this month. The amount owed will surpass GDP in 2012, based on forecasts by the International Monetary Fund ..." (site accessed June 2010)

Junk bond avalanche looms for credit markets "... When the Mayans envisioned the world coming to an end in 2012 ... they didn’t count junk bonds among the perils that would lead to worldwide disaster, Nelson D. Schwartz writes in The New York Times. Maybe they should have, because 2012 also is the beginning of a three-year period in which more than $700 billion in risky, high-yield corporate debt begins to come due, an extraordinary surge that some analysts fear could overload the debt markets. With huge bills about to hit corporations and the federal government around the same time, the worry is that some companies will have trouble getting new loans, spurring defaults and a wave of bankruptcies ..." (site accessed Mar 2010)
See also: Forget 2012: The real bomb hits 2011   " ... When commercial real estate totally collapses in 2011, the government will just create another several trillion dollar bailout. Then the government will proceed to sell off nearly all of the assets of the United States and turn them over to private corporations. The government will say it can't pay for social security, medicare, and other social programs and shut those services down ... The final result from the final economic hit in 2011 is that there will be little or no public institutions and the mass slavery to the Big Banks and their enforcement arm, the Federal Reserve, will be complete ..." (site accessed Feb 10)
See also: US Dollar collapse 2012   " ... I have been working on forecasts for 2010, and my study of the USD situation and how much time it has left. I first came to the conclusion that it was roughly ... two years from 2010. Actually, the calculation is two more years of relative USD functionality before the world realizes in about a shocking week’s time that the USD is just about to really go belly up. It’s not 5 years out anymore in my calculations, we have roughly two more years left. Wait, that coincides with 2012! ..." (site accessed Jan 10)

2012 Obama Star Logo and the Maya Prophecy   "President Barack Obama, in his most recent visit to Mexico, was photographed with the Aztec Sun Stone in the background ... As Lord Pakal Ahau came from his Winter Solstice retirement, we showed him Obama’s picture and asked for a meaning for the 2012 year presidential election and why he did it. Our Lord Pakal came with an amazing illustration drawn by Chilam Balam of Chumayel for the 13th Baktun, the end of the Maya calendar in 2012. And he asked us to include the design in our 2012 Maya Prophecy Store saying in prophetic words, ‘Obama will win in 2012 again.’ ..." (site accessed Dec 09)
See also:  Who will win the 2012 US Presidential Election?   "Our 2003 algorithm for determining the winners of United States presidential elections correctly ... predicted the winners of the 2004 and 2008 U.S. presidential elections. In this paper we apply the algorithm to 18 potential Republican candidates for the 2012 U.S. presidential election and find that seven have presidential electabilities greater than the Obama/Biden ticket will have in 2012: Michael D. Huckabee, Timothy J. Pawlenty, David H. Petraeus, Marshall C. Sanford, Haley R. Barbour, Sarah L. H. Palin, and Pyush Jindal ..." Eric Schulman, Daniel Debowy, (site accessed Dec 2008)
See also: President Obama already bookies odds-on favourite for 2012   " ... Newly elected President Barack Obama is Paddy Power's odds-on 4-5 favourite for successful re-election in 2012 and is a seemingly un-opposable 1-7 shot to win the 2012 Democratic nomination. Paddy Power have installed Sarah Palin as their 3-1 favourite to win the Republican nomination in 2012 and make the glamorous Alaskan Governor an unlikely 7-1 shot to replace Obama in the White House next time around. Palin's political colleagues Mitt Romney and Mike Huckabee are priced at 5-1 and 7-1 respectively to head up the Republican ticket in four years time ..." (site accessed Nov 08)
See also:
Prepare for Sarah Palin vs Hillary Clinton in 2012   "Sarah Palin is an "authentic model of feminism" and her vice-presidential candidacy "could well" lead to an historic all-female White House race in 2012 against Hillary Clinton, according to a former senior adviser to President Bill Clinton ..." (site accessed Sep 2008)
See also: David Petraeus will run for President in 2012  "Whichever non-white man the Democrats put forth this year will win, and then “King David” will challenge them in four years.This is bad. Petraeus isn’t Wes Clark. He’s Eisenhower. He’s driven, he’s brilliant, and he wins. Clark was smart, and nice, but not special enough to stand out. Petraeus is a hero ..." (site accessed Mar 2008)
2012 Presidential elections   " ... there will be 48 Democratic Senators running for President. The Republican Party will have a choice between two candidates. One will have excellent leadership skills, a proven track record, and charisma to spare, but may have had marital problems 40 years ago. The other will be squeaky clean, and totally unelectible. The GOP will select the second candidate .... " Scrapwood - (site accessed Mar 2007)

Troops could be in Iraq after 2012   "The United States could have fighting forces in Iraq and Afghanistan for a decade, the top Army officer said, even though a signed agreement requires all U.S. forces to be out of Iraq by 2012.
Gen. George Casey, Army chief of staff, said Tuesday his planning envisions combat troops in Iraq and Afghanistan for a decade as part of a sustained U.S. commitment to fighting extremism and terrorism in the Middle East. "Global trends are pushing in the wrong direction," Casey said. "They fundamentally will change how the Army works." ... " (site accessed May 2009)

Ten economic predictions for the USA in 2012   " ... By 2012, there will be a general feeling that the nation is in immediate danger of blowing up or coming apart at the seams. This fear will be justified, given that the U.S. has always been held together by the promise of a continuously rising material standard of living—the famous “pursuit of happiness”—rather than any ethnic or religious ties. If that goes, so could everything else. We were lucky in the 1930s—we may not be so lucky again ..." (site accessed May 2009)

Gingrich warns of third party in 2012   "Former House speaker Newt Gingrich is warning of a third party mutiny in 2012 if Republicans don’t figure out a way to shape up ..." (site accessed Apr 2009)

A banana republic by 2012? "President Obama has presented the most irresponsible budget in US history. His fiscal year 2010 budget projects federal spending of $3.5 trillion and a federal deficit of $1.75 trillion. In other words, 50 percent of the government’s budget consists of red ink ..." Paul Craig Roberts, (site accessed March 2009)

US Cosmetic Surgery Procedures Market to Reach $15.1 Billion by 2012    Recent years have been glorious in the history of cosmetic surgery products and procedures ... Although, slightly disturbed as a result on ongoing economic meltdown, long-term forecast promise nothing but a bright future. As the US population ages, and people have access to discretionary income, they are indeed expected to splurge on having a treatment, surgical or non-surgical ..." (site accessed Feb 2009)

US poised to become world's largest wine-consuming market by 2012   " ... Imported wine consumption will pass the 100-million-case threshold (1.2 billion bottles) by 2012, an increase of 17.9% vs. 2008, and should generate a turnover of close to $10 billion ($9.688 billion) at retail. Wine drinking in the US grew more than 14% in the five years from 2003
to 2007 and is forecast to continue growing over the next five years, albeit at a slower rate of nearly 12%. (site accessed Jan 09)

Revolution, food riots in America by 2012   The man who predicted the 1987 stock market crash and the fall of the Soviet Union (Gerald Celente, CEO of Trends Research Institute) is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012 ... (site accessed Dec 08)

Letter from 2012 in Obama's America  posted by conservative Christian group Focus on the Family Action. According to The Associated Press " ...The imagined look into the future is part of an escalation in rhetoric from Christian right activists who are trying to paint Obama in the worst possible terms as the campaign heads into the final stretch and polls show the Democrat ahead ..." (sites accessed Oct 2008)

Will America go bankrupt in 2012? " ... Current economic events in only the last few days have led me to wonder: will one of the tumultuous events of 2012 be the US government going belly up? In other words, will it default on its Treasuries? ..." (site accessed Sep 2008)

The origins of the American military coup of 2012  " ... Americans became exasperated with democracy. We were disillusioned with the apparent inability of elected government to solve the nation’sperplexing dilemmas. We were looking for someone or something thatcould produce workable answers. The one institution of government inwhich the people retained faith was the military. Buoyed by the
military’s obvious competence in the First Gulf War, the public increasingly turned to it for answers to the country’s problems ... " A work of fiction, (site accessed July 2008)

10 million fewer vehicles on US roads by 2012   " ... Over the next four years, we are likely to witness the greatest mass exodus of vehicles off America’s highways in history. By 2012, there should be some 10 million fewer vehicles on American roadways than there are today—a decline that dwarfs all previous adjustments including those during the two OPEC oil shocks. And who will be parking their cars? The 57 million American households that have both cars and access to something resembling public transit. Gasoline at $7 begins to approach prices Europeans have paid for years, meaning that chunk of America “will start to act more and more like Europeans ..." (site accessed June 2008)

North American biofuel revenues to double by 2012   "The biofuels market in North America will earn revenues of $18.52 billion by 2012, almost double the $9.98 billion earnings for 2007, according to forecasts from Frost & Sullivan in its latest report, 'North American Biofuels Market: Investment Analysis'. “Regulatory support coupled with the need to address the geopolitical risk posed by relying on the turbulent Middle East and Venezuela is driving the growth of the North American biofuels market.... “Furthermore, there is a strong venture capital investment climate in the next-generation biofuels, which are expected to be more efficient, using algae, waste, straw, wood, and other forest-based inputs that can be found in abundance in the United States.” (site accessed June 2008)

Monsanto expects to double gross profit by 2012    "... Monsanto's gross profit was $4.29 billion in 2007 and ...expects that number to reach up to $8.5 billion by 2012. The company defines gross profit as the difference between income and the expenses directly attributed to it ...the company's corn business continues to exceed expectations." (site accessed May 2008)

Bush says deficits will end by 2012  "The White House continues to insist that persistent budget deficits will disappear and surpluses resume by 2012, long after President Bush leaves office. Critics say such projections are wildly optimistic ..." (site accessed Feb 2008)
See also: A balanced budget by 2012  
"Today, The President Announced He Will Propose A Balanced Budget. On February 5, the Administration will present its five-year budget proposal, which will show reducing budget deficits and balance in 2012. The Budget will achieve balance while addressing the Nation's most critical needs, including support for the Global War on Terror and sustaining the strength of our economy through permanent tax relief..." (site accessed Jan 2007)
See also:   More realistic estimate of veterans costs is $16 billion higher than the Bush estimate for 2012 "...
In fact, even the White House doesn't seem serious about the numbers. It says the long-term budget numbers don't represent actual administration policies. Similar cuts assumed in earlier budgets have been reversed..."
See also:   Budget surplus by 2012   
"President Bush, who built a record budget deficit, now says the nation could have a budget surplus by 2012 – if spending is kept under control during the remainder of his term and beyond, of course...." (site accessed Oct 2007)

Brooklyn 2012 Video with text spoken by Sir Ian McKellen showing computer-generated images of Brooklyn in 2012 (site accessed Nov 2007)

Financial firms to spend $28.5 billion on wealth management IT by 2012   
Wall Street firms are ready to spend on new wealth management technology, according to a report released today by Datamonitor that predicts spending on wealth management IT in North America, Europe and Asia-Pacific will reach $28.5 billion by 2012 ... The Datamonitor report suggested that as wealth managers seek greater competitive differentiation, they will look to develop an ideal wealth management platform that will be comprised of seamlessly interconnected, service oriented architecture-enabled components combined with business intelligence and analytical CRM components ..." (site accessed Oct 2007)
See also: 2012 will mark the beginning of a great depression   "The US has just a few more years left of solid economic growth with an accompanying rise in the DJIA. After that, starting no later than 2012-13, an economic decline of terrible proportions begins and lasts until about 2025. (site accessed May 2007)

70% of US homes will have broadband by 2012   "70 percent US homes or 86 million households will have broadband internet access by 2012 according to a report by JupiterResearch. JupiterResearch finds that wider availability of high-speed service will prompt nearly 36 million new broadband subscribers over the next five years...." (site accessed June 2007)

New York's taxi fleet going green by 2012   
"Every yellow cab in this city will be a fuel-efficient hybrid by 2012, and stricter emissions and gas mileage standards for taxis will be phased in starting next year, Mayor Michael Bloomberg said Tuesday. There are now 375 hybrid vehicles among the 13,000 taxis rolling on New York City streets. Under Bloomberg's plan, that number will increase to 1,000 by October 2008 and will grow by about 20 percent each year until 2012...." (site accessed May 2007)

See also:  Diesels will outsell hybrids in the US by 2012 (site accessed May 2007)

IT spending by the U.S. federal government to $102 billion by 2012  
" In efforts to achieve long-term efficiencies, federal agencies will focus spending on system consolidation and modernization initiatives to reduce IT infrastructure management costs and free money for mission oriented applications." (site accessed Mar 2007)

General Electric set to double profits by 2012   "General Electric Co is on the right path to doubling its profits by 2012, said CEO Jeffrey Immelt in an interview with Frankfurter Allgemeine Zeitung.
This would mean that by 2012, profits after tax would rise to 36 bln usd from 18.3 bln in 2005." (site accessed October 2006)

Universal access to health insurance by 2012   
" Americans should have universal access to health insurance by the year 2012, a congressionally mandated report concluded Monday.
The report calls on Congress to move by next year to pass insurance reforms protecting all citizens from catastrophic medical bills using either market-based insurance policies or taxpayer-funded methods.It then calls for new laws guaranteeing universal access to affordable health insurance to be in place by 2012." Fox News (site accessed October 2006)

US Uranium industry to produce 20 million pounds by 2012   "Uranium Producers of America Executive Director Jon Indall told,'It’s fairly apparent this industry, in the next four to five years, could be producing in the range of 20 million pounds.' Questioned about the big jump from about two to three million pounds of current uranium mining production, Indall explained, 'Conservatively, five to six years, but maybe even sooner.'" (site accessed Aug 2006)

Plan to build four towers on ground zero by 2012   "The new plan for ground zero calls for the accelerated construction of a sprawling commercial complex: 8.8 millionsquare feet of office space in four towers 58 to 70 stories high. All would open within a year of each other, by 2012." New York Times (site accessed April 2006)
See also   Prototypes revealed (site accessed September 2006)

USA to cut its strategic arsenal by 80% compared to cold war times  
"The United States will reduce its strategic nuclear arsenal by 80% compared to cold war times by the year 2012, acting U.S. Assistant Secretary of State for International Security and Non-Proliferation Stephen Rademaker said at a Wednesday news conference at the Interfax office in Moscow.
Commenting on a recent article in Foreign Affairs journal claiming that U.S. nuclear potential had grown much stronger since the end of the cold war he said that 'it is demonstrably untrue that the United States'nuclear forces have not grown stronger since the end of the cold war.'" Interfax (site accessed April 2006)

The United States will not meet a 2012 deadline to eliminate its entire chemical weapons stockpile, "according to Defense Secretary Donald Rumsfeld. However, while many states are behind schedule… Utah is on track." (site accessed Apri 2006)
See also:
 (site accessed April 2006)
Effect Measure  (site accessed Nov 2006)

Iowa is projected to have 200,000 more jobs than workers to fill them (site accessed March 2006)

The Norwich Bulletin
The Navy remains committed to increasing new submarine construction to two-a-year in 2012, but also committed to lowering the cost from $2.4 billion to $2 billion. (site accessed Feb 2006)
See also   Submarine production may increase before 2012  Norwich Bulletin (site accessed Sep 2006)


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