Constitutional Law

The morning after

1) It'll probably be full employment for second amendment lawyers for four years. For decades we played the safety position. Now we're front line.

2) Maybe, just maybe, the Repubs will remember that they came to power as small-government conservatives, and fell when they became big-government conservatives.

3) The Demos have some problems unsolvable by government, and will screw up much of the others. Obama's messianic message means the disappointment will be all the greater. Like the Repubs, they'll let power go to their heads in a year or two. If the Repubs do ask "What would Goldwater do?" they may return in 2012. But, then, if they could have figured that out, they'd never have gotten to this point.

4) The market will go up. Much of the economy is based on circular reasoning. People think it's prosperous, they spend and it becomes prosperous. Up to today, the media (a/k/a the extended Obama campaign) has run it as doom and gloom. Starting today, and accelerating with the inauguration, they'll run it as happy days are here again, and the economy will respond accordingly. Until the next bubble pops. Because the market is full of gamblers, who can't quit when they're ahead.

[Typo fixed, thanks).

Full post as published by Of Arms and the Law on November 05, 2008 (boomark / email).