I received an e-mail today from Africa, and this is the way I was greeted: “Reçois mes fraternelles salutations en Christ. En ce jour de l’investiture d’Obama comme président noir américain, je crois que vous vous portez bien dans la grande famille de Barnabas venture.” I suppose that many of my African friends believe that it is a momentous and historic occasion that son of their own soil is becoming today the most powerful man in the world. Let me just say a few words of caution.
Obama is a man. His father is a Luo and a Muslim from Kenya, his mother a white America. His political roots are socialist and communist. Regarding social values, he favors abortion and homosexual unions, just as Democrat Party platform dictates. As a Christian, I have trouble with the social values of the Democrat Party. As an investor, I am very wary of Obama’s political and economic agenda. We can start with the plan to more than double the deficit to over a trillion dollars. This will give Obama additional spending power of 8.3% of the USA GDP.