Skip to main content

Obama mania

Now that the whole world is going gaga over Barack Obama being elected as the next US President, and that too with an overwhelming majority here goes few points of my analysis of his victory and related things!

I think that the reasons of his victory were much more than just what their repective views on different social, economic and international issues were. They did play a role, but I think that wasn't the only factor that led him to victory. I think the two major factors were -

1. General dissatisfaction with George Bush on issues ranging from Iraq to Economy. This was bound to have some disatisfaction with the Republican candidate and thus swing in favor of the Democrat whoever the candidate have had been.

2. Most important factor contributing to his victory was quite symbolic. His victory symbolized hope; hope for the many people who struggle against the odds, and the victory of this hope which Obama symbolized. Seeing the meteoric rise of an Afro American and he occupying the most powerful chair in the world would give hope to many across the world that if he can do it, then why can't we rise against all odds.

In some way or other people connected with this 'hope' and wished that Obama won.

And to Obama being hailed as visionary and all that, I think it is more because of the color, upbringing, oratory skills and charisma he possessed than anything else. I doubt if many people hailing him as a visionary and all would know his views on different policy matter and how were they better than McCain's.

He might well turn out to be a visionary, but still I think it is too early to say so!

___

On a different note, reaction of John McCain on losing (Pledging support to Obama etc.) was a stark contrast to what many of the great Indian politicians do when they lose! (though there have been few exceptions)

Comments

Shop @ Amazon

Popular posts from this blog

Get cashback while doing online shopping

Originally published on BeingFinWise __ Cashbacks are an amazing way to save money while shopping. More so while you do online shopping. In addition to regular deals and discounts, you can get cashback if you go via affiliates . This way you can get cashback on your online shopping, over and above your regular deals. Some of the popular affiliate networks offering cashback on online shopping in India are Cashkaro ,  Gopaisa , Pennyful etc.

What's the purpose of investing?

"Investment" - This word is much used and often much abused one. One keeps on hearing this almost all the time be it in office or catching up with friends or attending a family functions - almost everywhere. More so when we are fed with lot of information about how one needs to make money work to get more money. However, for a lot of people, the clarity on one question is often lacking - What is the purpose of investing? And even if one knows his/ her purpose of investing, it is often not implemented in real life. For instance, purpose of one's investments may be having sufficient funds in times of need. Yet they may opt for a personal loan when faced with pressing need for money. Based upon my observations, below are some of the most common purpose of investments (in no particular order) I invest because there is some sufficient funds lying with me and I can get great returns. I am investing for some specific goal - buying a house, education of kids, m...

The parrot

"You shall have your freedom", Said the generous master, As he opened the cage. The parrot was delighted, As he suppressed his joy, And controlled his rage, For so long he had wished, To be free and be Up in the sky. At last his chance had come, And towards his destiny, He shall fly. And then the realization dawned, That his wings were clipped, How shall now he even try?

Rich, yet bankrupt

Originally published on BeingFinWise __ Tennis legend Boris Becker is in news - for wrong reasons. He is having auction off his trophies to pay off his debts . Even then, the debt will not be fully repaid. To think of it, he was the youngest Grand Slam champion & considered one of the greats in tennis. He won Wimbledon when he was just 17! At that level, tennis does pay a huge amount of money! So we can safely assume, that he would have had no dearth of money. Boris Becker is not the only celebrity to be rich, yet bankrupt. There are ample examples. For example, Michael Jackson died, he was in huge amount of debt.

Financial tips for a 25 year old

Originally published at  BeingfinWise __ If you are 25 year old, there is a good likelihood that you would have started working or are likely to start soon. And hopefully start(ed) managing your own finances. So, what do you do next? The good news is that having a profession can soon lead to cash flows which perhaps wouldn't have seen in your student days. And that can be empowering in many ways. The bad news is that, if you are reckless with spending money, it can soon lead to a downward financial spiral. Managing your finances well can be a good first step towards a healthy financial life. And it starts with small steps.