O'Bama: No miracles.

Okay, now that the election is over (thankfully), we can get on with our lives. No surprise that O'Bama won, since the Republicans have taken on the habit of self-sabotage. The funniest thing to come out of the election is the fact that everyone, win, lose or draw is talking about Palin making a bid in 2012. I recently announced my run for the White House in opposition to Palin, simply because I think I have a chance against her and I'll reach the qualifying age of 35 two months before that election.

Anyway, back to the subject of O'Bama. Yes, he was the best choice, given the choices we were presented with. Let's not fool ourselves into thinking that having someone who is the polar opposite of the numbskull currently in the White House is going to change anything with any amount of significance. I know many of you McCain supporters feel that he is inexperienced, which is true. If you were looking for experience, then Hilary Clinton should have been elected. Her biggest downfall was that she came off as fake and insincere, which is exactly what she was doing. She had eight years in the background of Big Billy's tenure, which gave her a unique view of the workings of this particular office as well as significant time involved in foreign affairs. Don't get me wrong, however. I am in no way, shape or form a Hilary supporter. I'm just simply making a point.

Anyway, again back to O'Bama. With the sinking economy, O'Bama has been handed a big sh*t sandwich and he has to take a big bite out of it. Most O'Bama supporters think his election will point us in a new direction and make "everything better". I think they are fooling themselves into thinking things will change within the 4 years of his term. The magnitude of what has gone down is much larger than most realize. He can do very little in terms of fixing what is going down now. Time will heal the wounds, but don't think things will magically be fixed, because we have someone other Dubyah in the White Hizzy.

Make sure you all keep your heads and don't overreact positively or negatively to what is going on. For those of you who invest in individual stocks, stock up on your cash and wait till the end of quarter number 1 in 2009. You will most likely see a market rally before the end of the year, but it will most likely drop back to current levels or even lower by the Spring. Avoid the heard mentality and watch for good deals. I'm not suggesting not to buy anything; just do your homework on the companies you like. Don't hope that your portfolio is going to be saved, just because we have a different President. Control your own destiny. Cash is king!! Enjoy your Veteren's Day!