.
November 24th, 2008
08:16 PM ET

Obama's burden of hope

President-elect Barack Obama announces his financial team at a news conference Monday.

President-elect Barack Obama announces his financial team at a news conference Monday.

Bob Shrum
The Week.com

In Florence, where I participated in NYU’s conference on the U.S. election held at the university’s Florence campus, we dined at Trattoria Garga, which offers, among other delicacies, the best chocolate tart perhaps anywhere on earth. Though I well knew what I would order there, I glanced down perfunctorily at the menu just the same. There on the cover was a photo of the owner’s infant grandson—swaddled in an Obama tee shirt.

Overseas, Obama is, as a McCain commercial once alleged, the “biggest celebrity in the world.” Five days prior to the Florence conference, we had been at a similar presentation at NYU’s new site in Abu Dhabi. If the mood there was less euphoric, it was no less hopeful. On the Arabian Peninsula, the question was whether Obama, facing an economic crisis, could afford to fully engage on the Israeli-Palestinian conflict. No one expects him to turn his back on Israel; but they want him to function as an honest broker and leader in the peace process and to do it from day one.

Read more...


Filed under: Barack Obama • Bob Shrum • Raw Politics
soundoff (2 Responses)
  1. raj

    Anderson
    In my opinion
    Following are the main reasons for bad economy in our country despite the fact that we are the hardest working people in the world:
    1. Iraq war is the most important one. We are not only spending un necessary money but when country is on war-whole government is concentrating in war rather than development and infrastructure development
    2. Cold war is finished. We don’t need our military anymore in 40 or more countries
    3. China and India are investing in new technology and education. We are far behind
    4. We are loosing our manufacturing industry
    5. Lobbying by airline, gas and car industry never allowed us to develop good railway system. It is still not too late. Railway could be very system for transportation. We can have trains which run up to 200-300 miles/hr. Railway need electricity which can be produced by nuclear power and can help us reducing dependence on gas.
    Solutions:
    1. End Iraq war immediately
    2. Withdraw our military from other country
    3. Invest in new education and technologies
    4. Develop Railway system
    5. Develop cars don’t require gas
    6. back our forces
    7. No bail outs for failed systems. If bail out than government should take over. From this much of money-everybody can get health insurance and millions of people get jobs.

    November 24, 2008 at 8:44 pm |
  2. Larry

    Its the american people who are facing this democratically induced crisis to begin with when they took control of congress 2 years ago; did we hear of a crisis before then? The subprime morgage fiasco was brought on by Pres. Clinton, Barack Obama (a community organizer at the time), ACORN, Barney Frank & Fannie May. That all began in 1999, before Geo. W. Bush was POTUS.

    November 24, 2008 at 8:23 pm |

Post a comment

You must be logged in to post a comment.