If President-Elect Obama were an incoming CEO, he would now be preparing for a massive write-off of the mountains of rotted junk buried on the company's balance sheet and an announcement that recovery will take a long, long time.
Eastern Afghanistan--In the early hours of the morning, an Army Captain watched as the election results were being reported. He shook his head in disgust. "This is proof that the media can elect a President."
I love history and had often whined that I wasn't lucky enough to have lived during a more exciting age: I could have been a Tuskegee Airman, Buffalo Soldier, or beatnik. But last night history came to me.
With a black man pulling off the astonishing feat of rising to the presidency in a land riven by racism for more than two centuries, there was a sense of extraordinary release, and even more extraordinary empowerment.
President-Elect Obama is clearly a very smart guy and a very good politician. Unlike the last Dem with those credentials, he's also exceedingly disciplined. Those qualities will come up against a couple of very major problems.