And so it begins. Within hours of the election of Barack Obama as President of the United States of America, the world reacts. Not in unanimous jubilation. The enemies and potential enemies of America respond with threats. The friends of America respond with fear of wealth loss.
On November 6th, 2008 Russia announces it will deploy missiles near Poland and Ukraine to counter any American military plans, President Medvedev warns America in Cold War tones. This is the type of response we could have expected from our potential enemies with a weak untested President.
Additionally, President Medvedev of Russia also proposes changing Presidential terms to 6 years and then to resign so that Vladimir Putin can become President of Russia for the next 12 years. I am sure a President Vladimir (look in my KGB eyes) Putin will work peacefully with President Obama so that the Russian Empire can control Europe with no American loss of life. The 25% American military cut the democrats propose can come from the closeing of European bases.
Iran spots American Helicopters flying on patrol in Iraq and decides they are too close to the border. Iran State News Agency announces Wednesday for U.S. military to keep its distance or the Iranian military will respond. I suppose anything American flying within missile range of Iraq will be a target.
America releases a statement that Mid-East peace talks will not result in an agreement. I suppose the Palestinans figure that with a President Obama, they do not need to cut a deal. Israel will not be defended anymore and they will just be able to dictate their own terms.
Additionally, Israel government pleads for President Obama to not talk to Iran. Israeli Foreign Minister Tzipi Livni warned that such dialogue would project “weakness” . A realization on Israels part that America may not be there for them if needed with a disagreement over possible actions of the Obama administration.
The U.S. Stock Market declines November 5, 2008 -486.01 to 9139.27 after having spent weeks regaining losses as the reality of an Obama Presidency and its proposed tax policy that will prolong World Wide recesssion sets in.
The losses on Wall Street triggered a renewed bout of selling in Asia with Japan’s Nikkei stock average down 6.5 percent at 8,899.14, and Hong Kong’s Hang Seng Index 7.1 percent lower at 13,790.04.
European markets react with the FTSE 100 index of leading British shares was down 180.42 points, or 4.0 percent, at 4,350.31, while Germany’s DAX was 214.99, or 4.2 percent, lower at 4,951.88. France’s CAC-40 was down 145.06 points, or 4.0 percent, at 3,473.05.
For your viewing pleasure.