Friday, November 14, 2008

finally

But I'm not sure why I'm only seeing posts like this now. The Obama hysteria is lunatic and the proliferation of Che style iconography is creepy. America is going through a horrible financial crisis and if the great depression is anything to go by, people will tolerate a prolonged depression just so long as the government is doing lots of stuff. The Great Depression went on forever and not only was FDR not dumped, he was reelected in, I think, the biggest landslide ever in an American election.

If Obama "does something" and it doesn't help, well at least he's tried and if it works, well then he's a hero. In either case capitalism will remain the villain. Democrats in power combined with Obama mania does not bode well for a measured response.

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