God gave Job all that he could handle - and that didn't include being a Bay Area sports fan. Dealing with the elections, the financial markets, and the 49ers/Raiders/Warriors all at once requires a high degree of Zen.
McCain's impending defeat can largely be attributed to the public's rejection of President Bush's wars and economic policies - understandable, and not all bad. Obama's victory can largely be attributed to his youthful charisma, his speaking skills, and a brilliant campaign - nothing bad there. If the Democrats' interpretation is that the public wants to move far to the left on a broad range of issues, their dominant reign will be short.
Globally, governments seem to have figured out how to avert a financial system meltdown, and the markets have moved on to fretting about a long and deep recession. Hopefully, that is mostly baked into the current stock valuations (if not the earning projections).
The third leg of the journey begins on November 15, when the major world leaders meet to discuss restructuring of the world financial system. We have demonstrated that Wall Street cannot be unregulated, and that our lack of fiscal discipline makes questionable the role of the dollar as the world's currency. When Joe Biden talked of Obama being challenged within his first six months in office, he was thinking of bin Laden or Iran, but this global challenge to American economic leadership will be a momentous and dangerous place for a rookie who will come to the table with a short stack and an uncertain world-view.
There are a few positives:
1. We have our health, so long as we can afford our meds. And the government will soon take care of that for everybody.
2. We have our family and friends - and only a few have chosen to test the relationship by overt gloating. (We should reflect on our own level of humility in 2000 and 2004.) In fact, I do take encouragement from the fact that a number of smart, informed, sensitive people that I know actually think that Obama will be good for the country.
3. The sun will probably come up on November 5. Now, our analog televisions will stop working on February 17, and for that we must attribute tht blame to the Republicans.
The attached video comes from Neil Crist, who is most gracious in offering help to those in need.