1. It has become a waste of time to discuss whether or not Obama can/will win. He is more burned than Edgar Winter on an Ecuadoran beach. a. Even Democrats are scorching him. "Rep. Dennis Cardoza, D-Calif., announced his retirement from Congress this afternoon -- and he issued a scathing parting shot at President Obama's track record on his way out." Announcing Retirement, Dem Congressman Bashes Obama - Hotline On Call b. His poll numbers are down with every constituent group. c. Think he can come back? Two words: Unemployment, Debt. R.I.P. 2. Oscar Wilde: There are only two tragedies in life: one is not getting what one wants, and the other is getting it. a. There is a very good chance the Republicans will controll the Executive, and the Legislative. Good? Are you happy with the current results of such a monopoly? b. The two periods of fiscal responsibility in six decades were the Eisenhower and the Clinton administrations, periods during which the presidency and Congress were controlled by different parties. William A. Niskanen, A Case For Divided Government, A Case for Divided Government | William A. Niskanen | Cato Institute: Daily Commentary c. The worst spending periods were those with one party in charge: 1967 and 1968, LBJ and the Democrats, spending increased 11.6% a year. Historical Tables | The White House (table 1.1) d. The largest average decrease came in 1955 and 1956, with spending decreasing an average 4.2% a year. Eisenhower was President, with Democrats in charge in Congress. Ibid. 3. The good news? If the Republicans keep their promises, they should have at least eight years....and a couple of supreme court justices. a. "The common wisdom holds that 'both parties' have to appeal to the extremes during the primary and then move to the center for the general election. To the contrary, both parties run for office as conservatives. Once they have fooled the voters and are safely in office, Republicans sometimes double-cross the voters. Democrats always do." Coulter, 11-27-03 4. Hope for the best, but expect the worst.