Posted By:
JimCrandellVery sad day for America(and prepare for a sad four years).
As I said before, Obama victory was a given due to state of economy. However, it is becoming harder and harder for Republicans to win giving changing demographics of the country. McCain carries white vote by 12% and still loses handily. McCain is on the very left wing of the Republican party and he loses easily to someone who has the most liberal voting record in the senate. If a liberal republican who is a war hero cannot win it is hard to believe there is hope for mainstream republicans in this country.
What it all means is higher government spending, higher taxes, a decline for free enterprise and a moral decline for America. Thank God for Sandra Palin and what she represents. The U.S. already has one of the very steepest progressive tax systems in the world--lets increase thye taxes on the wealth and job creators even more. The stock market has certainly reacted to this with its big move down in anticipation of a win by the left and now that he has won going down further.
The only positives are the big win on gay marraige in California and that the Democrats did not reach 60 senators. Hopefully under McConnell the republicans will hang tough and filibuster every step troward socialism Obama puts through or tries to put through. I for one will be supporting causes who are pledged to stopping the march toward socialism that Obama/Biden/Pelosi/Frank represent.
Jim