Official-BS would like to sincerely congratulate President-elect Barack Obama for winning the presidential election of 2008. His victory marks the end of an era of agression, radical policies and counterproductive legislature against progress in the fields of education and research. Barack Obama will be the first half-Black, lefthanded president of the United States of America, as well as the first President in a long time to be funded solely by the people rather than by corporations and lobbyists. The amount of political leverage the man has is staggering and it will be interesting to watch what he does with his justly earned power. The challenges that lie ahead won’t all be overcome in the next four years, but it certainly won’t take much effort to outdo Dubbya, whose flaws we need not mention. Many people have fears that Obama will not go through with measures they feel are necessary and that he will go through with measures that are shortsighted or might cause a tax increase. While these are all valid reasons to be worried, the country has been on a decline in terms of overall success and changing the policies that have brought it to its current state likely will not make things any worse than they are already. Besides, a tax increase can only help get the staggering national debt under control. One thing is certain - Barack Obama will probably be entering the busiest time of his life, and the world will be watching every minute of it.

It’s been around a week since the unprecedented bailout plan was proposed to save Wall Street. The plan that was devised in desperation to avoid a repeat of the great depression is intended to provide quick relief to the failing mortgage market. As one might have expected, politics has been and will continue to stall the implementation of the big bailout - perhaps until it is too late.

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