Obama and the Merry Men

2008 proved to be the year of the underdog. Obama won, Slumdog won, Resul Pookutty won and so on. It’s all because the underdog got fucked real hard. It was retaliation by them just to affirm their real power. The middle class defines a country, they drive the economy, and they work like dogs so they can give their earnings to conglomerates (to make/create unnecessary products) and to governments (to spend it on wars and bailouts because somebody fucked up).

Obama, an African- American, at the helm of the most powerful country in the world, means there is some serious ‘change’ happening. His promise to bring the country and in turn the world around seems to be a bit lofty. His policies so far have been quite populist which went about flaying the rich and giving to the needy. CEOs of companies getting bailouts have their salaries capped at half a million a year. Companies outsourcing outside the country would not receive tax sops (bad luck India!). H1B visas limited, possibly even eliminated.

But would this all work. His plan of action (a budget) is to bring the country back to the position it was in before the downturn and not eliminate the root cause altogether (bad asset management and sub-prime lending). Don’t we learn from mistakes? My layman’s opinion would get beaten down by a ton of economic experts. I just hope he realizes that any decision he and his merry men make may cause a family somewhere in remote China to probably resort to poison.

One more thing, I went through this news article recently which stated that Obama is being considered for the Noble Peace Prize. Now what is that all about???