Obama Won!
Change will not come if we wait for some other person or some other time. We are the ones we’ve been waiting for. We are the change that we seek.– Barack Obama
That was precisely what I, with many others in the world, feel America needs most at this time. These were the words spoken by Obama on Super Tuesday back in July, two months before the banking crisis. It was appropriate for the year when we witnessed many bubble bursts, signifying a warning sign the need for changes not just to U.S., but also to the rest of the world. Many old systems, like the deregulated financial/banking system, are in great need of reform. Hopefully some of the partial governmental interventions on the U.S. financial industry will somehow help to curb the crazy speculations in the markets.
Other than the reform on financial system, Obama made many promises that won him the Presidential Election, among which include the Medicare drug benefit program and environmental-friendly energy plans. There is even a $150 billion proposal over 10 years to speed the development of plug-in hybrid cars and “commercial-scale” renewables, such as wind and solar. Let’s see how these promises fall through. With the globally broadcasted American meda and the development of hybrid vehicles by major U.S. automobile manufacturers will help advocate a giant step forward of these hybrid vehicles to the world.
November 06 2008 07:36 am | people
