1. When you run a 'democrat light' against an actual democrat, the actual democrat wins. The conservative movement was not defeated last night, the Gerald Ford, Nelson Rockefeller wing of the Republican party was defeated. Hopefully, they will go away and let us find another Ronald Reagan.
2. The stock market has tanked today (according to Yahoo Finance). That really does not mean all is lost--it's been very volatile lately--but I suspect it is Wall Street's vote on the election results.
3. Israel launched its first attack on Gaza since June (see The Jerusalem Post) in response to Kassam rockets fired into Sderot. Hamas fired dozens of rockets into Israel (according to Reuters). Generally the 'cycle of violence' continues--it is not a cycle of violence--Hamas has stated that they want to drive Israel into the sea, and Israel is attempting to defend itself. All of the money western countries have poured into Gaza to help them create infrastructure has been spent on weapons and terrorism. This will only get worse until someone tells Hamas to behave. I am extremely doubtful that Barack Obama will support the survival of the state of Israel--and their survival is exactly what is at stake.
4. Barack Obama is obviously an ambitious man. Chances are that he does not want to be a one-term president. He remembers Jimmy Carter (or at least has read about him at some point). His ambition may prevent him from doing anything totally awful. I suspect that over the next four years Nancy Pelosi will actually be running the country. That is actually a very scary thought, but we will see what happens.
5. The people to watch over the next four years? Paul Ryan of Wisconsin, Bobby Jindal of Louisiana, Sarah Palin, Mitt Romney and Rudi Giuliani on the republican side. Hillary Clinton, Bill Richardson, and Daval Patrick on the democrat side. I don't believe we are rid of the Clintons. I believe Hillary will be working very quietly behind the scene to totally undermine an Obama presidency so that she can step in and be the savior in 2012.
6. This will not end the charges that America is racist. If one admits that America has finally overcome its racist past, a number of people who love the spotlight will be put out of business--this will not be allowed to happen.
7. Take heart. Remember--we would not have had Ronald Reagan without Jimmy Carter!!

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