Kerry supporter here. My predictions.
Bush wins, between 290 and 310 in the EC, don’t know about the popular vote but I wouldn’t be surprised to see a Bush win here too. Kerry concedes by late election night.
Senate and House stay Republican. Senate at 48/52 D/R including Jeffords in the 48.
Some of the swing states are close and there are many reports of voter fraud. But these are doomed by lack of evidence. After a few weeks of battle back and forth, Kerry makes a statement about putting the whole mess behind the country.
I think the modern Democratic party will be shattered by this. It is apparent that most of the country supports much of the Democratic platform, but their inability to field viable candidates and muster the message discipline of the other side causes some deep soul-searching. Expect to see major party structural changes by the 2006 mid-cycle elections.
A few possibilities of the future after this. Out of the ashes of the old Democrats, a new party will arise and practice the brutal and nonbending message discipline and party conformity of the Republicans, only with a more populist message. Every dirty trick of the Rove et al. will be copied and magnified. People’s complaints of “each side is equally bad” will be borne out, as American politics loses any contact with the worlds of objective evidence and reality. The success of the GOP could be equally disasterous for them: scandals, ethics violations, divisiveness, and continued deterioration of the country will eventually catch up to them. They will have become the 1994 Democrats and will be ripe for a routing. A dangerous point, though, is that they will realize this, and they will seek any excuse for turning a War on Terror into an excuse for a permanent Republican majority. Little by little, incumbents will become harder to unseat; campaign funding, media concentration, and suppression of dissent will be left unchecked. Even the New Evil Democrats will be unable to unseat them, with redistricting and structural changes leaving them more immune to challenges to incumbency.
I do think that this opens the door for the rise of a Moderate Party. Libertarianism Light, perhaps – socially liberal, economically conservative, balanced-budget Democrats and Republicans who have defected from the cognitive dissonance of the Democrats and Republicans. Libertarianism with a lot of realpolitik like public ownership of the roads and the army and continuance of a few, basic (but expensive) social programs like Social Security, some welfare, and some health insurance.
I do see more terrorism and more regional MENA instability. Bush will not be able to clean up his messes, but blame for this will continue to be defered on any convenient targets and the majority of Americans will still be unaware, as long as there is a bare minimum of bread and circuses still flowing to them.