[tabs]

One other point about the prosperity of the 90's. Financial assets were under valued for decades because of the threat of Nuclear War. When that threat lifted with the fall of the Soviets, those assets rose to their fair market value. Also the fact that we were able to downsize the military pumped additional monies into the economy, thus the "peace dividend"

Bill clinton merely rode the wave. He did have the good sense to listen to Robert Ruben and Alan Greenspan and stay away from messing with the economy. Ouiet frankly Obama is going to mess with the economy to right perceived social wrongs. His programs will turn the USA into a California or UK pre Thatcher.

Other leftist candidates have run before and have gone down in flames. This maybe the perfect storm where one of those lefties gets in office. Not only will Obama initiate social change, MOREOVER HE WILL NOT BE ABLE TO CONTAIN A LARGE DEMOCRATIC MAJORITY IN CONGRESS BENT ON ENACTING SOCIAL LEGISLATION.

Jamie Dimon of Morgan Stanley calls the Democrats "CRAZY" and "with their programs could ruin the country." That is from a large supporter of the Democratic Party. One of Hillarys big donors.

So this election cycle could institute something other than the same old same old. That is where RPKQ is wrong. The world is in a sea change, the old formulas no longer work. A new unrecognizable dynamic is upon us. In other words the things you could count on happening no longer can be counted on.

The problem with Obama and his rhetoric of change is that he does not account for the necessity of transition form the old to the new. He is part of the instant gratification generation, and wants it now. That shock will unleash a backlash. one that could very well end the Republic.