4 years ago Bill Fleckenstein wrote . . . "I think the party that has won, in this case the Republicans, might want to be careful what they wish for, in that both the stock and real-estate bubbles will unwind on their watch, with them in full control of the House, the Senate, the presidency and the governorships.
"Perhaps we'll all get lucky and the Republican Party will decide to pursue a flat tax, tort reform, and term limits -- the three major areas of reform which I believe could help the country become more competitive and help extricate us from the horrible fix that I see us in. However, if they continue the pork-barrel politics of the last four years, I would think that next go-round, the Republicans will be bounced from office after people's hopes are dashed in the upcoming economic turmoil."
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