- Political-Economic Commentary -

October 19, 2010 (FinancialWire) (Investrend Forums Syndicate) (By “The Political Prophet”®) (Original article from October 7, 2010, at http://www.investrendsyndications.net//12-content/manl/prophet/2010/10/php/07.php) — One of the major cost reduction techniques that will be used in the next two years will be privatization. THE POLITICAL PROPHET® predicts that victorious Republicans and terrified Democrats will reduce the inappropriately expensive stranglehold currently held by many public employee unions by privatizing various taxpayer financed activities at the local, state and federal levels of government.

The need for Americans to disrupt the “toilet bowl cycle” is now urgent because if it is allowed to continue much longer, the power that protects it could become insurmountable. For those who are unfamiliar with the term, “toilet bowl cycle” refers to the extraction of taxes, the payment of salaries and bonuses to government employees, the collection of dues and other money from those employees by the unions, the contribution of a share of that money back to the politicians who run the government who, in turn, increase the tax money paid to their employees whereupon it starts all over again. We estimate that over 90% of this union money will be given to Democrat candidates this year in an attempt to protect the “toilet bowl.”

(Entire article at http://www.investrendsyndications.net//12-content/manl/prophet/2010/10/php/07.php)

Ultimately, this cycle will bankrupt government entities and taxpayers will be left holding the bag. On the state level, California and New York are likely to be the first to fall but there are city and county governments throughout the country that are facing similar fates in the immediate future. The “toilet bowl” problem is already sparking riots in Europe where the cycle is even further along than it is here.

The silver lining is that those of you who have businesses that can provide superior services through the government at a lower cost are positioned to benefit from the movement to “privatize” those activities of government that are not functioning as efficiently and effectively as they must in order to properly serve the public. Business owners have the opportunity to grow while simultaneously meeting the needs of their communities and their country as contractors.

On an unrelated matter, THE POLITICAL PROPHET® predicts that leaks from the Obama Administration or good reporting will reveal that last Friday’s departure of Chief of Staff, Rahm Emanuel, has been a carefully orchestrated political move put into motion months ago. Mayor Daley will receive a government appointment, job, contract or other prearranged plum as his incentive to forgo re-election thereby clearing the way for Emanuel. A dead giveaway was that Emanuel’s Friday departure was followed Monday morning by an up and running campaign organization complete with advertising, scheduling, theme and all the rest. Folks, it just doesn’t happen that fast.

President Obama will aggressively support Emanuel’s campaign for Mayor of Chicago. Emanuel will quickly rebuild the Cook County political machine using elements of Acorn, some unions, New Black Panthers and far left groups that are experts at vote fraud. Somewhat removed from the spotlight of the national press corps, Emanuel could be responsible for spreading the vote fraud program to other key cities in preparation for President Obama’s re-election effort in 2012. THE POLITICAL PROPHET® predicts that organized vote fraud will be more widespread in the next presidential election than at any time in modern history. Reform at the Justice Department forced by Republican victories this year in the Congressional races will help produce honest elections.

Also visit THE POLITICAL PROPHET® weblog (at http://www.investrendweblogs.net/the-political-prophet/) , and go to http://www.financialwire.net/?s=prphthpby for more FinancialWire(tm) articles by THE POLITICAL PROPHET®.

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Reporters tell us what happened yesterday. Pollsters tell us what is happening today. THE POLITICAL PROPHET® tells us what is likely to happen tomorrow. An elite team of political professionals with presidential campaign strategy experience provides analytical predictions that tend to be more usable than offerings from those who have never been “in the arena.” To assure objectivity, team members are not involved with active candidates.

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