Changes That We Can Really Believe In

Yesterday mark the greatest day in American Democratic history as Barack Obama becomes the first black US President in US history. Most people in the entire world love it. According to survey by The Economist magazine, 90% of the countries in this world support Obama and more importantly, 52% of American citizen support him which put him in charge of the strongest country in the world, or is it?

Barack Obama slogan is "change we can believe in" which I believe is the main reason he won except for the fact that his opponent is too weak. However, as US economy are on the edge of "turbulence", what changes Obama gonna make?

Neither Barack Obama or John McCain said before how they gonna get the money needed to fund the 700 billion bail out and now as bail out episode 2 is on the way, we should seriously ask the man where he will get his money? Well at least we know he could blew up >500 million to become who he is now...

As a person studied economics for years, I really think Obama knows nothing about economics and from the statement he made before about US economy, I pretty sure he gonna destroy the US economy.

So I think yesterday is a sad day for US economy. Although I think John McCain would not does any good for US economy, at least he won't destroy it further. Now US senate and House of Representative dominated by democrats, it's easy for them to pass another bail out plan which will definitely kill it.

As a trader, I really hope Obama can make changes that not only we can believe in, but changes that work but I have serious doubt on President Obama. Forget terrorism, forget Iraq, forget war, forget healthcare, education, senior citizen pension. Without a strong fundamental in economy, nothing will work.

Let the free market and invinsible hand work it out. Changes we really need is no intevention. Let us hope Obama believe in free market and make a changes that we can really believe in.