Obama-Romney tied in Presidential Race: Romney still hopeful

The fact that it is a 50-50 tie between incumbent US president Barack Obama and Republican Mitt Romney tells you much about how Americans regard the Obama administration. Obama, whose meteoric rise to the Presidency, was perceived as a mythic figure by most Americans in the 2009 elections, so much hype has been heaped upon him, that expectations went over the roof during that elections. Obama won on his continued critique of the economic policies of the Bush administration, which he blames for the present financial crisis bedeviling the nation.

Now, Romney accuses Obama with the same sins as that of Bush. The financial crisis which is still a major concern among Western powers, remains a crucial factor in this year's US elections. Obama's economic prescriptions proved insufficient in solving problems such as unemployment and closure of small and medium enterprises. Some analysts say, the problem is beyond Obama, which I agree. The global financial slump really happens as part of the cycle of capitalism.

The solution really lies not on America but on external factors such as the continuing redefinition of the world's capital and labor configuration. The nexus of production has shifted from the United States to the East, specifically, China. China is reaping the economic rewards of being at the midst of global production, and it remains stable because China, by itself, is both a market and at the same time, a big production house.

The world waits with bated breath as the polls close in. CNN has just reported wins in favor of Obama in New Hampshire, a place where Romney calls home. Romney lags for about 15,000 votes behind Obama in Florida, with 86% of the votes in. If Romney loses Florida, he's toast, says Pierce Morgan of CNN.

So much for the Obama magic

Senator Barrack Obama leads Republican bet John McCain by 8 points. I believe though that McCain has successfully whittle that margin a little bit more. Why? Because Obama looks like a child when he's put side-by-side with McCain.

This last "Great Debate" centers on the economy. Basing on his answers, McCain's economic plan seems more viable than Obama's, because it would center on "trimming the fat", instead of raising taxes. McCain effectively cut down Obama's plan by focusing more on the proposal to rev up the US economy thru reviving traditional ways of doing things ("doing business") instead of just raising taxes.

What I am particularly worried about is the reaction of Obama whenever he hears a disparaging remark against his ideas about the world. He expresses dismay or expresses "anger". It's not presidential, Mr. Senator. Obama needs to consider that other people have better ideas probably, than him. Remember, you're gunning for the chief executive post of a Superpower country, not just some state like Hawaii.

Anyway, what I'm worried is the possibility of the US job market closing down if Obama's elected. Obama told the US public that he wants to create more jobs for Americans (note: Americans only) first, then other nationalities second. He also wants to decrease ties with China. What would happen, Mr. Senator, is the speedy downturn of the economy. If you decrease US economic relationship with China, it would greatly impact on the US economy all the more.