Pat Robertson predicts a stock market crash. That means it's time to buy.

Well, America's favorite New Year's prognosticator, Preacher Pat, is back at it again.

Let's recall last year's prediction of a terrorist attack, possibly involving a nuclear weapon that would cause 'mass killings' in the U.S.

That follows Preacher Pat's May 2006 prediction about a tsunami hitting the United States by the end of the year.

In the past, he's made some really stupid statements, including saying that Ariel Sharon's stroke was a punishment from God for the Israeli pullout from Gaza in 2005 or suggesting that God's wrath will be visited upon the town of Dover, Pennsylvania as punishment for the citizens of Dover voting a bunch of creationists off of the school board. Still waiting on that one.

Earlier this year, he broke with many of his cultural conservative brethren and endorsed then-frontrunner Rudy Giuliani, just about the same time that Giuliani started to tank.

So in other words, Robertson's record on 'predictions' is distressingly poor, especially for someone who claims to have an open line to God.

So today he said that in 2008 there will be a recession in the United States, with a major stock market crash by 2010.

I'm not going to guess one way or the other about the recession, because I'd call that even money about now. You could predict that there will or that there won't and have a decent chance of being right. But his prediction of a stock market crash, together with his past record on these kinds of predictions tells me that there is only one thing to do: BUY!