Welcome to Futility, Mr. President

Now that President Obama has enjoyed the first day of the next four years of his life, we would like to take stock of the situation. In one fell swoop he has inherited a blown-out national economy, a global credit crisis of biblical proportions, two desultory wars of occupation, and the thankless task of fixing everything. No pressure, sir, no pressure.

Since it seems that a mass delusion has gripped many people across the globe, we feel it is our duty to break the bad news: President Obama will not make good on his bright, shining future. He is many things, this is true, but he is not a miracle worker. He is, first and foremost, a politician, and politicians can always be trusted to not be trustworthy.

All that said, he probably does realise the enormity of what is expected of him: 'fixing' the United States' economy, and indeed the world's economy. However, 'fixing' entails choosing some serious, mind-altering pain. He strike us as the sadomasochistic type of a different breed, to be honest, so we doubt he will do anything helpful. Instead, he will put the Citizenry of the U.S. -- not to mention other nations of the world -- through an entirely different, and worse sort of pain.

In the grand scale of things, we truly feel that the 2007 Depression is going to be far more painful than the 1929 Depression. At the same time, President Obama is not the Franklin Roosevelt of the 21st Century. He is, instead, the Herbert Hoover: the 2007 Depression has only just gotten started, and it's all downhill from here.

Good luck, President Obama.