But there it was Monday, with the catchy headline, "Obama Stock Is Overpriced; Sell, Sell."
You might not be familiar with the British journalist Simon Jenkins, but this founder of The Sunday Times eloquently said what Obama-loving media in America refuse to:
Sell Obamas now. They are overpriced and the forward market has gone crazy. If he becomes president in two days, the bubble will burst, I guess in the spring of next year. [...]
Today the outside world, much of it with a direct and painful interest in American policy, wants Obama to win, by leads of 20 to 60 per cent. These people have no vote. But the narrower electorate of the United States appears also to want Obama to win, albeit by a smaller margin. The world prefers him chiefly because he is black, the latter chiefly because he is not Republican.
Neither reason is robust.
After addressing Obama's messiah-like status, and the lofty expectations his followers have for him, Jenkins tried to bring folks out of the ether:
There are millions whom he can only disappoint...The burden of expectation is awesome and unrealistic.
The qualities of charisma and rhetoric that Obama brings to this task might be a match for it. His declared policies are not. [...]
At home Obama would appear from his statements and voting records to be a conventional Democrat, essentially tax, spend and protect with tariffs. While some of this is America's business, the world economy needs a protectionist America like a bullet in the head. American markets open to world goods are vital for recovery, as is America's active participation in the easing of world trade. Obama has shown no sign of accepting this. [...]
None of this is an argument for not voting for Obama. In present-day Washington even modest competence might seem revolutionary. But democratic leadership is like Icarus. Its wings melt as soon as it flies close to the sun. Obama is flying close indeed.
Do yourself a favor, and read the whole thing.
