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Old 12-26-2008   #3
RawAlex
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Default Re: Poll: 75% glad Bush is done

The only good things for Obama is (a) the shit all happened before he got into office, and (b) falling oil revenues make it almost impossible for any of those countries to do anything serious.

Russia in particular is a very difficult case. They were feeling all good on $140 oil and with the US military tied up in Iraq. Now they are looking at 3% gdp deficits and even higher.

http://www.google.com/hostednews/afp...9kQfloFMAZ3WTA

Obama would be really smart to start a "be patriotic, save oil and gas" program, encouraging people to continue to move to smaller cars and stuff to keep the price of oil down, which in turn removes much of the power of Russia, the middle east, and nutjobs like Chavez. They can't keep propping things up if they don't have income. $25 a barrel oil pretty much puts all of them back on the ropes.

Bush is so unpopular that Obama will be able to blame everything on him for the first couple of years
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