As someone who strongly and deeply believes in the values of very small government, sound money and low flat taxes, it pains me to see that the great majority of conservatives, especially those in power, fail to see the reasons for the current unraveling of the Republican Party.

The main problem is that since Reagan the party has strayed further and further from these core values which it claims to abide by but never seems to put into action once in office. Reagan promised low and simpler taxation, small government, ending the budget deficit and other reforms that we all cheered for. Once in office Reagan did exactly the opposite of everything he said he would do and pandered to the right wing in the Democratic party to achieve things such as a massive budget deficit and expansion of government and raised taxes. George Bush the first asked us to 'read his lips' and he ended up raising taxes. George W. Bush started his reign with protectionism and an unprecedented expansion in government bureaucracy up to a 3 trillion dollars budget with 400 Billion in deficits. The history of the Republican party for the past 28 years is that of broken promises, of larger government and no fiscal discipline.

Sure, we are at war, but the spending is getting out of hand. Government intervention in the economy is at heights not seen before, and other things that any lover of liberty and small government would deplore.

McCain would be an extension to the previous Republican legacy. When he says he was a 'foot soldier' in the 'Reagan Revolution' that tells me that the guy intends to do what Reagan did exactly, which is tons of speeches but no real material action. What we will end up with under McCain is more of the same expansion in government and the continuation of bankrupting this great land. The signs of the times are here and the mortgage crisis is just the tip of the iceberg.

My proposition is that Conservatives have nothing to fear from a President Obama for the following reasons:

1. Obama will save us 100 Billion USD or more a year by pulling out of Iraq and Afghanistan. Before you get emotional and cuss me let me explain. I am, and was for destroying Al Qaeda, getting rid of Saddam. News reports yesterday confirm that Al Qaeda in Iraq is finished. We can stay in the region using light units of Special Forces ready to strike at the enemy at any time. Combine that with air power and smart intelligence gathering and we will be able to squish any terrorist threat in the bud.

There is no reason to keep 120K soldiers there. As an Arab, as someone who lived in the region for 30 years, I am sure that the US pulling out will not cause a civil war or bring the region into turmoil as predicted by war hawks. There are a few historical case studies that prove that Arab leaders will move in to prevent that from happening. Let's have the Arabs take responsibility and finish the job in a manner that is compatible with the political traditions of the region (whether we like it or not). Pulling out now will save us from the fiscal hemorrhage and the financial mess we are in (over 10 trillion in debt with an income of 12 trillion).

2. Looking at our dire fiscal situation, Obama will not dare to sink us deeper by involving in social engineering via higher taxes and increased spending. Those afraid of joining the Kyoto treaty  and spending 100's of billions of dollars will not see their fears materialize. It will be very hard for the liberals to do anything involving higher taxation or spending in these tough fiscal times and a recession that is sure to occur during the first term of the next president. We might have more legislation targeting issues like leave and labor welfare. Even if Democrats manage to raise taxes and involve in their usual routine the economy will prove their folly really quickly.

3. Obama committed to fixing the budget and reducing our deficits. This should be good news because as I said earlier, under the current economic situation, he will not dare raise taxes nor increase spending.

3. This country is approaching a financial Armageddon. There is no doubt about that in my mind. Both Republicans in their current shape and Democrats will ignite it. Personally I think we should get it over with and be done. Democrats have a higher chance of messing things up by the virtue of their ideology. Eventhough Democrats and their economic policies, would be one of the reasons for the catastrophe (one of the catalysts) they will not be the main reason. An economic havoc under the Democrats will hopefully convince the population, including many who claim to be conservatives but support large government, that small government and a return to the constitution, are the only ways to take America back to greatness.

I am increasingly convinced that given all the evidence Obama won't be a bad President after all and the worst that he can do is pass a bunch of legislation that can be easily repealed once determined and reformist conservatives are back in power.