Wednesday, November 7, 2012

State Of The Union

Obama victory means four more years with no hope of change - John Hurt/Washington Times
All that for nothing. It was the billion-dollar election that did not decide one single damned thing.

Republicans control the House. Democrats control the Senate. And the White House remains in Democratic hands with absolutely no mandate whatsoever.
Another four years with no hope of change
Dow Skids 200 as 'Fiscal Cliff,' EU Fears Resurface - CNBC
Stocks tumbled across the board Wednesday in the wake of President Barack Obama's re-election, triggered by worries over the looming "fiscal cliff" and as fears over Europe's economy reemerged.
Dollar Falls as Obama Win Paves Way for Monetary Easing...
Treasury: 'Extraordinary Measures' Needed as Debt Limit Nears... - CNS News
On Aug. 2, 2011, President Obama signed a deal he had negotiated with congressional leaders to increase the debt limit of the federal government by $2.4 trillion. But, now, after only 15 months, almost all of that additional borrowing authority has been exhausted.
REUTERS: 'Victory puts Obama in position to expand government's reach'...
Both sides called it a generation-defining race for the White House: a choice between Democrat Barack Obama's brand of government activism and Republican Mitt Romney's commitment to reducing Washington's role in Americans' daily lives.

Obama's victory, however, did not settle that question.

Instead, the hard-fought battle for the White House exposed an electorate deeply divided by race, age and party.
MSNBC: Too Few 'Angry White Guys?'

Steve Forbes: US Heading for Recession With 2nd Obama Term - Bill Hoffmann and Kathleen Walter/Newsmax