Friday, November 14, 2008

First Reactions to President Elect Obama

With the new President on the horizon, it is uplifting to see the positive reaction that the country is taking toward his election. While the actual numbers continue to be in the toilet, consumer sentiment is definitely on the rise - a direct reflection of Obama's magnetism.

The whole country is in anticipation for January 20 when he takes the reigns and begins to make the decisions. And with the economic situation the way it is, he has a major task in front of him. As I stated in a previous blog, I am opposed to the $700 billion dollar bail out package and I certainly am opposed to throwing money at any other major concern that is in trouble. Paulson took the $700 billion and has changed his mind on how to spend it. He now wants to shore up financial institutions that offer consumer credit rather than purchasing troubled assets. This may be a better way to spend the money but what bothers me, you'd think they would have come up with that in the first place.

President elect Obama had the ability to get huge quantities of money to run his campaign from such organizations as MoveOn.org and the big labor unions. They are already expecting him to fully keep his campaign promises, a task that may be harder than it seems.

His opposition to the Iraq war is undeniable. He was the only major candidate who opposed the war from the beginning, wants to cut investments in unproven missile defense systems, will not weaponize space, will slow the development of future combat systems, and has set a goal to have a world without nuclear weapons, a very worthy goal but is one that I believe is unattainable.

Joe Biden said the worlds thugs will test the future president and they may already be setting the stage by recently increasing the enemy activity in Iraq. With Obama having said he wanted diplomatic talks with Iran, he has to see that this increase in activity in Iraq is a direct Iranain challenge to his incoming regime. Many tough decisions are looming for this man when he takes office.

Romans 13:1-7 talks about God's hand with respect to the worlds governments. Read it if you are so inclined. I support future president Obama and I pray for his success....

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