The only thing to remember in this situation is that power is money.Money is power. The government has no money, it is printing way too much, and within a year or two the effects of that foolishness will become unavoidable.
Someone mentioned the federal transfers to the states. The health care bill moves costs onto the states, and transfers will decrease. It is the easiest way to cut the deficit. So the fed will have less power.
The weather underground killed more of their own than their enemies. Obama is a weak man, unable to recognize his shortcomings. I thought the danger from his presidency would be some foreign nation reacting to his weakness and forcing him to respond. Backed into a corner he would overreact, probably nuking someone. I don’t think that will happen, with the resurgent republicans. The tea leaves augur a tough republican president in two years, so better lie low.
I think he will turn his destructive impulses inward. He will continue as he has done, alienate one by one his constituencies. He has lost the independents. With this election spanking the clinton-obama battle will start again, the left against the more moderate democrats. Any democrat remaining will be in far left districts, and I suspect Obama will be pursued by the far left with far more vigor than the right. He is already almost irrelevant to the right.
I expect that he will be fighting impeachment proceedings brought by the far left senate and remaining house members. Guantanamo, the war on terror, the drone killings, directed assassinations, etc. There will be a real possibility of a third party such as greens or something similar to the canadian NDP form and take a portion of the democrat vote.
The republicans will be on probation from november 3rd onwards. I don’t think many of the new congressmen or senators will put up with being seat warmers. Expect unofficial committees to form if the republican leadership doesn’t remove power from the speaker.
The rules are about to be rewritten. Things that were untouchable will be touched. Sacred cows will be slain. The media is almost irrelevant now. A brave new world.
May we live in interesting times.
Derek
