While everyone who supports Obama basks in the glory of electing a minority to the White House(Aren’t we so good we can do that?!), I can give you several reasons not to back Obama, and none are scandal or racially motivated.
First, recall the merger between the CBOT and CME. All Illinois legislators in Washington, from Jan Schakowsky and Richard Durbin on the left, to John Shimkus on the right, signed a letter stating their support of the merger and sent it to the DOJ, and other government agancies.
When ICE made a competing bid for the CBOT, Obama asked for his signature to be taken off the letter. He was the only Illinois legislator to do so. Why would he not support his constituency?
Second, when you look at Obama’s economic plans they will affect the economy in this manner:
Index minimum wage to inflation=loss of jobs, increased unemployment, bad for business
Increase cap gains=depresses stock market, decreases wages, decreases production, decrease amount of money that goes to government
Increase marginal tax rates=decrease production, slow down economy, decrease amount of money that goes to government
Renegotiate NAFTA and all other trade agreements=increase inflation, increase unemployment, decrease value of stock market, force companies to relocate overseas
Increase government spending=create distortions in the market, increase federal debt
Targeted tax cuts for some-distortions in the market
Increased FICA-lower wages, decrease growth, decrease production
Socialized medicine-increase cost of medical care, decrese medical innovation, decrease amount of care available
Tilt laws in favor of unions-increase unemployment, increase costs for US business, incent them to move overseas.
Where did the money Rezco donated to Obama go? To which charities? While Rezco supposedly never asked for a favor, who did? Chicago is the most corrupt city in the US, no one does anything here for free.
Add all that up with the other and there is no way he should be elected as the leader of the free world
