U.S. midterm elections
music of the Great American Songbook.
Article added on November 3, 2010 at 09:18 German time; last update at 09:43
The U.S. midterm elections of
November 2, 2010 brought the expected shift in power. 37 of the 100 Senate
seats were up for grabs. All of the 435 members in the House of
Representatives had to be elected as well as 37 out of the 50 governors.
In the U.S. Senate, President Obama and his Democrats have retained power
with 51 to 47 seats, with 2 seats still undecided. In the U.S. House of
Representatives however, the Republicans may control 243 of the 435 seats,
leaving the Democrats with a minority of some 192 seats.
At least in 29 out of 50 States, the Governor will be a Republican.
The Tea Party candidates Rand Paul in Kentucky and Marco Rubio in Florida
managed to win senate seats for the GOP. But Christine O'Donnell -
who was once opposed to masturbation and had to declare: “I am not a witch”
- was defeated in Delaware, where Democrat Christopher Coons won
Vice-President Joe Biden's former senate seat. The Democratic Senate
Majority Leader Harry M. Reid managed to hold on to his seat in a highly
contested race in Nevada against Tea Party favorite Sharron Angle. The
former Republican presidential candidate John McCain won easily a fifth term
in the Arizona senate race.
In California, GOP candidate and former HP chief executive
Carly Fiorina apparently lost against the outspoken liberal Democratic Senator
Barbara Boxer. The Democrat Jerry Brown managed to defeat Meg Whitman, the
former chief executive of eBay, who had spent some $141 million of her own
money to win the gubernatorial race. The Democratic Speaker of the House,
Nancy Pelosi, retained her seat, but the Democrats lost the House.
In short, President Obama and his Democrats have not lost everything, but
their power has been cut back as expected. Will they change or hold on to
their agenda? It will be difficult to stop ObamaCare. Does the election
signal the return of a fiscally responsible America?
Today's deals at Amazon.com. -
Special offers on new releases from Amazon.co.uk.
The main reason behind Obama's and his Democrats' debacle was that the
political left tried to enlarge the welfare or Nanny state (Margaret
Thatcher). Their pirorities were not in line with voters. In the economic
and financial crisis with the unemployment rate rising up to around 10%,
Americans were just looking for jobs and trying to ease their pain.
Affordable health care for everyone was no longer one of the main issues.
Team Obama made health care a negative issue. Voters realized that offering
health care to some 32 million additional Americans, who currently lack
insurance, is a honorable goal but would not be possible without rising
costs. ObamaCare offered the fantasy of insuring more people by cutting
Medicare's costs without touching any entitlements. In an aging society with
steady medical progress, health care costs will continue to rise. Medicare
(for the elderly) and Medicaid (for the poor) will get more expensive for
taxpayers. This year, Americans experienced higher health insurance costs.
Projections predict national debt to explode if health care costs are not
Spending in the U.S. is out of control. There are also the yearly goodies
aka subsidies for farmers, a simple waste of money. The biggest junk of
questionable spending however touches the military. Monopolies and
oligopolies in this sector offer no or limited competition. Overprized
weapons and other goods are purchased. Many military bases are not needed.
The savings potential is gigantic, but (almost) no one dares to touch the
military budget. It would be considered “unpatriotic”. But there is no alternative.
The last superpower has to cut its military spending in order
to find back to fiscal sanity.
Just a few days ago, the Special Inspector General for Afghanistan
Reconstruction (SIGAR), Arnold Fields, said that the U.S. do not know how
much of the $17.7 billion of aid to Afghanistan for the fiscal years 2007,
2008 and 2009 have been spent. The agency's report revealed that much of the
data “prior to 2007 was too poor to be analyzed”. In short, in many areas,
not just in the military, the United States could save billions of taxpayers
It remains to be seen whether the Republicans will help the Democrats and
the Democratic president to find back to fiscally conservative ideals. After
all, it was the GOP under George W. Bush who let spending get out of
control. So far, they have not come up with a credible and comprehensive
As for Sarah Palin, she surely is an excellent fundraiser for the GOP. She
can energize the party base. But she is no credible presidential candidate.
If she is wise, she will stay with Fox News and continue to be a
conservative force within the media. The GOP still has to find a serious
contender for the office of the president of the United States for 2012.
music of the Great American Songbook.