Friday, November 23, 2012

Gay Marriage Update and Election Aftermath Part 3: 7 Lingering Questions and More General Impressions


In Part 1, we looked at the four victories for the gay marriage movement via three successful approvals and a defeated ban, along with how Barack Obama didn’t even wait until Election Day to abandon the gay rights movement.  In Part 2, we looked at how the general elections effectively gave us two more years of the last two years.  Here in Part 3, I have seven lingering questions that I want to look at briefly here before moving on from the 2012 election.

First, what kind of information was suppressed in the time leading up to the election?  I’m very curious to see what comes out in the coming weeks.  I’m sure we’ll see some stuff come out and it’ll be fun (or not) to see what does emerge. 

For example, we have already seen news of a delay on the next round of European aid to Greece and that Europe is officially back in a recession.  We’ve also seen the CIA director resign due to an affair, right before being scheduled to testify on Libya.  We’ve just learned that the FHA is likely to need a bailout.  Additionally, we see Israel in a military skirmish that somehow managed to be postponed until just after the election.  Do you really think any of this couldn’t have been announced or set in motion before the US election? 

Second, and probably more important, what about the fiscal cliff?  The nation needs both parties to address the fiscal cliff that they created and the self-inflicted recession that could potentially follow.  Unlike the past two years, Obama and the Senate Democrats have to actually make the effort to work with the Republicans in the House.  Also, unlike the past two years, the House Republicans have to actually make the effort to work with Obama and the Senate Democrats.  What we’ve seen so far does not inspire confidence, but I still expect a multi-month extension to get us through to the new government in January and I’m still thinking 3-6 months.  More to come on this topic later, too.

Third, with the election results, gay marriage results, and marijuana results, one might be tempted to consider America to be more liberal now than it used to be.  The quick answer for now is that it depends on definitions and demographics, but I’ll table this one for another day due to the complexity of the question.

Fourth, it’s interesting how the stock market plunged the day after Obama won and the selloff continued.  Having a shopping list of stocks to buy on weakness multi-year timeframes and cash to put to work, I don’t mind that so much.  It’s as if Wall Street wanted to send a message to Obama, perhaps a reminder of how powerful they are and/or show of disappointment in his victory.  After all, while Wall Street was a huge backer of Obama in 2008, they overwhelmingly supported Romney in 2012.  So, what’s the message?

Next, the more pro-Obama hoopla I see everywhere, the better I feel about not voting for him.  His pre-election abandonment of the gay rights movement matters, too.  Not voting for Obama was already something I felt great about to begin with given his dismal job performance in his first term.  The Obama cheerleaders doing their thing not only fail to bother me, but actually make me feel better and suspect I’ll continue to feel good about it as time passes.  At the moment, I see no signs that Obama will actually change much from last term to this term.  No rhetoric thus far has suggested a shift and he has no political incentive to do so for either himself or the Democrats as a party.  If the Senate went for and the House stayed with the GOP, we might have seen a shift, but it didn’t happen due to poor GOP candidate selection in 2010 and 2012 as detailed before.  I don’t approve of a second Obama term and have seen nothing so far that would change my opinion that Obama is a masterful campaigner and a terrible leader, but it’s a clear win for Obama and it’s time for the nation to move on because there isn’t controversy like 2000 or 2004 and we have more important issues to attend to. 

So, the fifth and sixth questions are whether the victors can win gracefully and whether the rest can lose gracefully.  For the most part, I think the answer is yes to both questions, though I have seen plenty of evidence to the contrary on both questions that I’m not going to link to.

The final question is whether Obama now has a ‘mandate’.  The quick answer is no, but I’ll save that for a future post.

The bottom line is we had four victories for the gay marriage movement via three successful approvals and a defeated ban while we also had general elections that effectively gave us two more years of the last two years.  Questions do still linger about suppressed information, the fiscal cliff, the US’ political future, Wall Street’s message, whether people can win/lose gracefully, and Obama’s supposed ‘mandate’.  We’ll just have to see what happens.

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