I hope the election of a black man will help heal those for whom race is a major issue. I look forward to the day when virtually everyone looks at the character, ideas, and experience of a candidate instead of their race and believe we will see this in my lifetime.
California shocked the liberals by narrowly passing a defense of marriage act. This is the second time the voters have done so, but four unelected tyrants - members of California’s Supreme Court - had previously overturned the earlier referendum and arbitrarily told Californians that same sex marriage was not an oxymoron and was legal. So this time the residents of California passed a constitutional amendment correcting this situation. We will see how well liberals respect the will of the majority this time.
I hope my liberal friends are correct that an Obama presidency, complete with Democratic control of the House and Senate, will lead to better times ahead. However, in my consulting practice, I am taking steps to ensure as much 2009 income as possible is billed in 2008. This is the opposite of my normal practice as usually it is smart business to defer taxes. However, it would not surprise me if the Democrats eliminate the Bush tax cuts in 2009, two years ahead of schedule.
Category: Domestic Politics , Category: Economics