A sad time for Blacks in America

Well the euphoria of the elections have come and gone and time for people to get back to reality or perish. I did call this victory since Jan 2008 on my blog: Scapegoat Obama

Anyway, many people seem to think that Barack Obama is the messiah, and things will change for the better, this is doubtful. It did not matter who was elected, the problems would still be the same and it will be a while before things turn around. How much worse it gets will depend on the direction this presidency takes.

Obama is a great politician and maybe be great initially for the poor but in the end all will suffer. Most of Obama’s experience has been in government and none in business, I mean even George W for all his failures did come in to the presidency with some business experience, even though his presidency was a colossal failure. No business experience will be bad for Obama.

In the presidency most of the big decisions are not decided on by the president anyway, however, power can be intoxicating especially when you have overwhelming support of the people. This I believe will make Obama’s failure worse – I believe that he was set up for failure anyway. And the power brokers will quietly sit back and let him fail. No one can get the US out of this mess created by the White power class of America.

With the huge support that Obama got, he and his administration will feel that they know what is right and they will do that. There will be bigger government, more bailouts, and tax cuts for the poor and working class and/or increased taxation for the wealthy. This will lead to the printing presses continuing to run overtime, this will lead to massive inflation and worse failure for his presidency.

Like it or not most of the taxes are paid by the wealthy, and trying to tax them even more, right now, may just drive them away to other countries, in a utopia that may be good but there is no such thing and never will be so cutting off one leg of a chair will lead to its total collapse.

The other alternative Obama has is to let these failed businesses and corporations collapse and let the market correct itself. This will lead to even more people losing jobs very quickly but the presidency will see this as bad for the next elections; the Wealthy make up only a small portion of the voting base anyway and as proved by Obama their contribution is not greatly needed if you have the masses on your side, so expect the former to be the hallmark of his presidency and not the latter.

Obama’s presidency will be a big failure but how badly it fails depends on the choices they make. I actually think that after all the celebrations, Obama’s election at this time is sad for Blacks and all other minorities in America. I wish him well and hope that by some miracle his presidency will be a great one or else we will all be affected by this economic crisis – no one will be spared. However, I do not believe in miracles, but I believe in reality and reality bites real bad sometimes, get ready for some blood.

Note: The reason I am saying that it is a sad time for Blacks; they will all be held culpable, by White America, for a disaster that neither they nor Obama are responsible for. Read my Scapegoat Obama for more detials.