American Republic Online

With the election of Obama, I am a bit worried about the direction of Liberty in our country.  However, make no mistake, Obama is our president.  He won. Congratulations Barrack Obama.  The first black man elected to the Presidency.  That is amazing and historic. Although I strongly disagree with his policies, I certainly recognize his accomplishment.

The coming years are the time to make some noise for conservatism - to make cogent arguments that win over hearts and minds.  These four years will give us ample opportunity. Please don’t fall into the left’s position of the previous four years (or eight). Yelling Commie! at every Obama supporter won’t do any good.  As a real example, my own neighbor has begun to receive hate calls because someone found out she voted for Obama (and we live in Memphis).  Rediculous.

But I have to be honest.  I had a fear on Tuesday.  My fear was that Obama would be elected and that the stock markets would rally on Wednesday.  This would, no doubt, have been used as “proof of investors’ realization of all the wonderful things Obama was going to do for the economy” or some other drivel.  And this would have grated on my very soul.

It turns out I was somewhat vindicated.  The market had it’s largest ever post-election drop yesterday, and the markets are down today as well.  Of course, it is bitter-sweet, as I’m not satisfied watching the markets drop; I’m just glad that I don’t have to hear about how investors are discounting a rapid recovery under an Obama administration.

Although we did see how others are viewing the results: Russian President Medvedev has ordered missle deployments in Europe.  As soon as Obama was elected, Russia made a strong showing.  They wouldn’t have done that if that thought their position had been weakened (i.e. the Russian are viewing Obama’s election as good for them).

2009 is going to be an interesting year.