The rambling thoughts of a Modern Orthodox Chassid (whatever that means). Contact me at emansouth @

Tuesday, January 20, 2009

Thoughts on A New Era

1. Nice speech; certainly not Lincolnesque. Too much blah in the middle but he ended very strong. Could have been 5 minutes shorter.

2. The stock market is down over 200 points as I write. Obviously, Wall Street does not share the Messianic vision. It's going to be a very tough year.

3. No matter what one's politics, you had to have been a stone not to have been moved by the scene in Washington this morning. The orderly, gracious passing of power to a black man, the millions in the crowd, the stirring words (at least at the end of the speech), Aretha, wow!

4. It is only a matter of time before the whacko left starts to lose patience with their Messiah. Obama strikes me as a pragmatic politician more than an idealogue and, especially given the financial situation we are in, the nut jobs of the ilk are sure to be disappointed.

5. I worry about Obama's understanding of the Islamic threat. Does he really understand what he's dealing with? Does he really think he can reason with these people? I am afraid that this does not bode well for Israel.

6. I also worry about his ability to deal with the financial crisis without turning the US into a socialist country. The nationaization is already terrible (albeit probably unavoidable. See what happened to poor Bank of America who got completely screwed by the government for being a good citizen and taking on Merrill (Toxic Waste) Lynch even after it became apparent that ML was in much, much worse shape than originally anticipated).

7. What was up with the Boy President's yellow scarf? Did he want to be noticed? Maybe it was a gift from Monica.

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  • At 2:39 PM, Anonymous Anonymous said…

    I tend to think that President Obama ( oh, I love to write that)is a tougher, no nonsense kind of man, than he lets on. Let us hope so.

  • At 3:40 PM, Blogger Ezzie said…

    Did you see the WSJ's piece on the screwing of BoA? Thought it was rather sad and unfortunately will be repeated all too often, driving good companies away.

  • At 3:47 PM, Blogger MoChassid said…

    Besides seeing the WSJ piece, I've spoken to many friends who work(ed) at BofA. It's just horrible.

  • At 4:33 PM, Anonymous Anonymous said…

    what is the marlet reacting to, do you think? it's not like the change of power was a surprise. my money is on somethin guncorrelated or irrational (if tha latter it will presumably ba;lance out) but i am no expert...

  • At 4:41 PM, Blogger MoChassid said…

    The market is anticipating continued domestic and international bank meltdowns and doesn't think there is anything Obama can do about it. The market has no faith in his stimulus plan and his idea about making the banks lend money is what got us into this mess in the first place.

  • At 6:27 PM, Blogger Jewboy said…

    Anyone who has faith that the Messsiah (or Jesus, as I like to call him)can fix all this is deluded. As far as your Israel concerns, I agree. I think we should also be worried about a terrorist attack in the U.S. in the next four years. Don't think Al Queda, Syria, Iran and the other terror mongers aren't exulting today.


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