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Astrological
Predictions for 2004
By
William
Stickevers
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U.S. economy
will continue to recover with gross domestic product growing a
healthy 4.4 percent, before inflation, however job creation will be
less than what forecasters have projected.
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By May their
will be a shift in the leading economic indicators showing that
recovery phase of the stock market, that began in March/April of
2003, will be giving way to an expansion period of slower but
steadier growth.
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A weak dollar
crisis will Force the Federal Reserve to tighten monetary policy
well before the November elections.
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Federal Reserve
will not begin raising short-term interest rates until next year.
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The NASDAQ will
likely reach 2,500.
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Bush will remain
a clear re-election favorite due to improving economic indicators,
the peaceful transition to democracy in Iraq, Medicare reform, and
tax cuts. These factors will enhance the President's approval by
voters, particularly independents.
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The Bush
re-election team will run a very well organized campaign but will
run into problems from late September thru mid October.
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If Wesley Clark
gets the Democratic nomination the presidential election in November
will be very close. The president will lose a majority of key
battleground states such as New York and California due loss of
manufacture jobs, chronic unemployment, and white-collar
outsourcing.
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If Howard Dean
gets the Democratic nomination George W. Bush will easily win
re-election. The President will lose several states, including New
York, and Massachusetts, but will win an electoral landside.
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The Republican
grip on Congress will strengthen in both the Senate and the House
during 2004.
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Bush waits
until after the election for Social Security reform.
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There will be
some changes in the Cabinet but no change in Vice President.
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The U.S. will
maintain 80,000-troop presence in Iraq during 2004 for protecting
top Iraqi politicians, overseeing elections, destroying insurgents
and foreign nationals, and conducting intelligence operations. Iraqi
insurgent attacks on U.S. forces will decline to a slow trickle
during the summer.
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North Korea will
continue to make idol threats of military action against South Korea
and Japan throughout the year. During the month of June North Korea
will resume testing of long-range missiles and nuclear technologies,
which will become a major foreign policy issue for the United
States.
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Global warming
fears heat up when Earth sets new temperature records. Droughts
continue in the West and Midwest.
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Between January
through early April will be difficult and trying period for Israel.
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High probability
of major structural damage to the West Coast of the United States
from a series of earthquakes in California between February and
July.
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Canada’s economy
will begin a recovery period during the first half of 2004 that will
result in healthy and strong GNP growth during the 3rd and 4th
fiscal quarter.
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High
unemployment and labor issues in New York during late summer will
become major news issues.
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If Arnold
Schwarzenegger will be forced to raise state taxes but will begin to
pull off a transformation in California.
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New, strange
discoveries will come to light with the American robotic Martian
probes. Maybe not buildings but constructed water channels and
avenues will be found.
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Evidence will
mount that Iraqi WMD was smuggled to Syria in the weeks prior to the
U.S.-led war in March 2003 and stored in Syrian Air Force facilities
and in Lebanon's heavily fortified Bekaa Valley.
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One in ten IT
jobs would head overseas by the end of 2004. Offshore outsourcing of
white-collar technology jobs in United States to India, China, and
Southeast Asia will become a big election issue in November.
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Due to offshore
outsourcing, compliance will be a major growth area for IT
organizations in 2004. Understanding and evaluating the various
compliance standards will be a very hot skill. Companies will become
overwhelmed with all the compliance issues and will start hiring
compliance-certified staff and consultants to oversee and manage the
various regulations.
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China’s economic
growth rate will reach 9.5%.
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Military
tensions will continue to rise between China and Taiwan, while the
United States takes a neutral position.
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Lord of the
Rings will win an Oscar for Best Picture, Best Director, Best
Adapted Screenplay, Best Visual Effects, and Best Cinematography.
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Japan’s economy
will continue suffer from periodic deflation and sluggish economic
growth. However, Japan’s Nikkei Index will be very bullish in 2004
with a likely target of 15,000. The Japanese government will finally
begin to tough corrective measures.
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Companies and
individuals will begin to break out of the patterns of recent tough
years with new ideas, products, and business models
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