With the final week of the US election coming up, the world turns to watch the oldest democracy select who will become probably the most powerful man on Earth, possibly the most powerful man ever. With many crises all coming to head in this generation or possibly the next, this president is at a crossroads of sorts that will decide the fate of future generations. This time we are at the nexus of many crises including the financial one right now which has reared its ugly head. By crises I mainly mean the raw materials crisis, the environmental crisis, the financial crisis, the globalization and population crisis to name a few. The POTUS, is at a state where he has to define policy on all these issues, and most of them have to be far reaching ones. The next policies he defines might be as important as the Constitution or the Bill of Rights itself. How America conducts its domestic and international policies over the next four or eight will affect almost every nation on the planet. With the financial crisis which has brought almost the entire economy to a standstill across the globe, how America can revitalize industries is going to be looked at very carefully. I mean the financial crisis has brought about a lot of comparisons with Greek tragedies. The financial wunderkind often being referred to as the gods of Mount Olympus, and how they looked down and ruled the financial world, or as Icarus who went too near the sun, or Pandora’s Box. This being the case, we could call this the Gotterdammerung, a dusk of the gods if you will. Any number of clichés or statements however will not fix the crisis that the world finds itself in. No matter the rhetoric used by the news networks as describing scenes of Wall Street as a bloodbath or cataclysmic destruction of the universe, the events that unfold still happen. To fix this crisis requires a monumental effort on part of the US government and the US President. They will have to restore faith in the market system that they has eroded over the last couple of months. No doubt that President Roosevelt in 1932 faced a similar quandary after the Great Depression which happened during Herbert Hoover’s time. It took the US 15 years to return to the financial status of 1929, and it took a world war for that to happen. However, short of a major positive jolt to the system, this seems unlikely to be the case now. At the time Roosevelt initiated a public transportation building system that employed thousands to build roads and infrastructure that have lasted through the century. Now the new President will have to find some way to keep people moving, to have them contribute to the world’s largest economy. The drive by both candidates to keep jobs in America might be such a move, but it would be detrimental to the globalized world. By withdrawing jobs away from other countries, it would set the emerging nations economies back a couple of notches. However, that might be the best move to revitalize their own economy. I think we now are seeing a gradual shift back to the nationalism that was present in the hey days of the 19th century in Europe. The new worlds to conquer in the information age now are knowledge, a smart workforce, and natural resources. It could lead back to the times when statesmen who were supposed to think long term substituted short term gains for longer term ends and failed to sustain their states through the 19th century as many empires fell with the end of that particular century. Now with the culmination of the financial crisis taking place we see a return to that kind of nationalism that eventually led to two world wars. Anyway, with the election about to start in eight hours, I guess its time to call the election and make a prediction. Everyone has one anyway.
My prediction is that the Gallup polls are wrong and that McCain will win in a closely contested election which will see Obama winning the popular vote but losing the electoral vote. The problem with the Gallup polls and all is that most people do not honestly answer the surveys in fear of revealing their own vote or appearing racist in this case I feel. Also they are limited in the people they survey amongst. I see a continuation of the Republican government for the next four years. I see America electing a person of great stature who gave his life for his country in Vietnam and has a varied experience in the Senate. Generally, most Americans are Conservatives at heart and would elect a Republican into office. Also, America has never changed parties in the middle of wars, even Lincoln who supposedly had 27% approval rating in the middle of Civil War was reelected President. Lyndon B Johnson, who instigated the Vietnam War, was also reelected to office. So I think we shall see McCain in office for the next four years atleast.
