With so much punditry in the media these days, there is no shortage of off-base opinions. Here are two of the Top 10 worst predictions of 2008, as compiled by Foreign Policy magazine:
– Bill Kristol (in photo), of “Fox News Sunday,” the Weekly Standard and the New York Times News Service, predicting that Barack Obama wouldn’t win a single Democratic primary.
– Jim Cramer of CNBC telling investors that Bear Stearns was not in trouble and that they shouldn’t take their money out. A week later, Bear’s shares lost 90 percent of their value.
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9 Comments
I wonder what kind of spin Kristol would put on his terribly, terribly wrong prediction now??
Sounds like Cramer had the same sort of dis-information Bush/Cheney had on Saddam’s WMD!! LOL
That must be why Kristol is the RW intellectual and political pundit.
I never take Cramer’s advice as more than a grain of salt, Kudlow, I try and not even listen to.
Krauthammer is on the list, too, for predicting that Russia would install a puppet regime in Georgia and take over Ukraine.
Does any of this look familiar? Both of these guys got up on their high horse to tell us all about the necessity of war in Iraq, and guess what? It’s the same high horse they got on to make this list, and that they’ll continue to get on in the future.
It is completely lost to me why anybody listens to either one of these guys’ predictions. They are terrible at predicting the future. No wonder the NYT is looking to replace Kristol. The WaPo ought to hang an editorial leash on Krauthammer’s neck, too: no more predictions or you’re fired.
Neoconservative idiots, both.
Well I don’t know about THIS list.
My submission?
After being completely merciless on John McCain through the primary and only grudgingly accepting the fact that he would be the GOP nominee, fat mouth Rush Limbaugh WARMED to McCain with his choice of Sarah Palin.
He said this changed John McCain to John McBrilliant.
But he was right only to the extent that Palin unified the base. The Palin choice DOOMED McCain in the general election.
Only goes to prove how out of touch both McSame and Lamebutt really are with what America wants.
well Palin was just an example of how poor the decision making would be from McCain.
It seems the only way to make a bunch of money these days is to be completely incompetent. Kristol and Cramer still take home huge paychecks.
Yup, these prognosticators raise a few chuckles now and then. Especially in the areas of politics and sports. But the only prediction made in 2008 that still (or ever really) concerns me is Joe Bidden’s.