Obamamania hits Germany

[harry123]

Source: Credit Writedowns

On the eve of Barack Obama's historic speech in Germany, Handelsblatt, the German equivalent of the Wall Street Journal, is reporting that American expats have a newfound pride after almost eight years of shame during the Bush presidency. The paper describes a 'euphoria' which has landed in Europe with Barack Obama

The subtext of the article is that write-in ballots from expats living abroad will come in overwhelmingly in favor of Obama although they had come in for the Republicans in the past. If one remembers the recount fiasco in Florida in 2000, this will be absolutely crucial in swing states like Florida, Ohio and Virginia to name a few.

What's more is none of this is being captured by the U.S. media in its sate by state polling. As six million Americans live abroad, 27 million in Europe alone, the potential to swing a tight election is enormous.

This has major implications for U.S. foreign and domestic policy as well as for financial markets.

Read more: http://www.creditwritedowns.com/2008/07/obamamnia-hits-germany.html

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This is a very interesting story from a leading German Newspaper that came out today. The Germans are ecstatic over Obama's visit.