Rahm Emanuel, former Clinton aide, will be Obama's chief of staff.

Some nations are cheering the election of Obama, saying it's the first step to uniting the world. In my opinion this is being said because Obama will move the US further toward liberalism, like much of the rest of the world. This is not a good thing. Sure, the world will be more "united" if we are in as bad shape as the rest of the world. That way everyone else doesn't have to be envious of the USA any more.

Today's stock market report -- down 443.48 to close at 8695.79. The last two days represent the biggest two day loss in history.