http://news.scotsman.com/geraldwarner/Gerald-Warner-New-president-same.4887764.jp Gerald Warner: New president, same old snake-oil economics Published Date: 18 January 2009 TUESDAY may be regarded by future historians as the beginning of the end for the United States of America. It is the first credible date that may become iconic as the moment when the federation that came into existence in 1776 and rose to global hegemony in the 20th century joined Macedonia, Rome and Britain in the catacombs of fallen empires. Barack Obama is America's nemesis. This presidency has the very real potential to impoverish America on a scale that could demote it irreversibly from its economic superpower status. When a politician masquerades as a messiah, be very afraid.