Skip to main content

It's ironic that CNBC has put out an article titled "Predictions That Went Wrong in 2012", considering the talking heads on the network are wrong on a daily basis.  The article does list some good ones but the biggest is missing in my opinion.

The biggest prediction that failed to come true this year was CNBC and others calling the election for Romney. Well except for Jim Cramer who pegged Obama's win at 440! Still way off though.  Jim was in the minority on CNBC.  Most predicted a Romney win and some a landslide.

 1. Facebook hype ipo
 2. Chinese recession
 3. Greek Exit
 4. Gold at $2,000
 5. US Bond Bubble
 6. Double-dip US Recession
 7. Euro in trouble
 8. Japanese Debt crisis
 9. End of the world

We heard a lot about some of these here.  The Greek exit from the Euro was predicted time after time. We had articles about our debt, bonds and the coming recession. Most are listed in the CNBC article. They failed to list one of the biggest failed predictions of the year.  Karl Rove's mug should have been attached to the number one prediction that wasn't. He reminded me of Trading Places when Mortimer says turn those machines back on! His super pac mostly defeated.  Billions wasted and they weren't even close!  In another reality they were, created out of their imaginations and hoisted upon America like mother's milk.

Because of their actions, ideology and stupidity, that day will stay with me forever. The race was over months before election day.  Romney never had a chance. Even with all their cheating, spinning and manipulating, Romney never broke through. Not even once.  That didn't stop them though and then they fooled themselves.


What do you think the biggest missed prediction of 2012 was?

4%2 votes
0%0 votes
2%1 votes
2%1 votes
0%0 votes
2%1 votes
0%0 votes
0%0 votes
15%7 votes
71%33 votes
2%1 votes

| 46 votes | Vote | Results

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  Tip Jar (7+ / 0-)

    -You want to change the system, run for office.

    by Deep Texan on Fri Dec 28, 2012 at 11:33:43 AM PST

  •  "The End of the World" (1+ / 0-)
    Recommended by:
    Deep Texan

    was a throw-away joke but the rest of the bad predictions on their list were related to the world of business and finance.  I guess the Presidential election qualifies in a larger sense, but I can see why CNBC might have excluded it from the list.  Should have been there, though, even if they had to add number 10.  Who makes a top 9 list anyway?

    Larry Kudlow certainly called it wrong.   I don't know about other CNBC blowhards except for Cramer's call for Obama.  I'll take your word for it they tilted towards Romney (no surprise).

    Things work out best for those who make the best of the way things work out.

    by winsock on Fri Dec 28, 2012 at 12:10:34 PM PST

  •  Money porn is just like regular porn: (2+ / 0-)
    Recommended by:
    DuzT, jabney

    you're not supposed to take the dialog seriously.

    "Every now & then your brain gifts you with the thought, 'oh, that's right, I don't actually give a **** about this.' Treasure it" -- jbou

    by kenlac on Fri Dec 28, 2012 at 03:37:49 PM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site