Opinion: Obamania or Change You Can’t Believe In?

link to Spiegel Online (English)There is an interesting opinion piece at Spiegel Online – the web site of Germany’s leading political weekly magazine – on Barack Obama’s run for the presidency.

It compares Barack Obama’s campaign to the Dot-Net boom of the 1990s when for companies key economic indicators like profit, sales and numbers of employees, or experience and realism of the management team were replaced by momentum of the rising stock price.

Interesting read and for those who know the realities of dealing with Multi-Billion organizations or of international diplomacy some quite intriguing comparisons…

…The rise of democratic frontrunner Barack Obama signifies an alarming victory of style over substance. Not unlike the dot-com hype, his campaign promises more than he can deliver. The one thing his voters can count on is that they will ultimately be disappointed…

…If democracy functions only half as well as the market economy, the Obama bubble will burst. The burning question is: When? Will it happen before the Democratic nomination this August — or not until afterwards?…



Read the full text at the Spiegel Online web site


Note:
This web site does not endorse or back any candidate in the current race for the US presidency. We will nevertheless during the next months provide links to posts and articles that we consider interesting for voters to read and to form their own opinion.

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