Der Spiegel: Obama, Change You Can't Believe In.

Politics: Obama mania tonight as Gabor Steingart looks at Obama as the new tech bubble waiting to burst.

"...Nevertheless, if Obama is elected he will eventually be forced to disappoint his voters. Politics in a democratic society is a balancing of interests, not a revivalist meeting. It takes finesse, experience and power to transform ideas into reality. Hope and optimism can enhance these qualities, but they cannot replace them. Obama's message is more of a promise to heal the nation than a campaign platform. The future Obama is promising seems foggy and indistinct. He wants to change the rules of engagement in politics, but he neglects to explain how and in what direction. He wants to write a new page in the history books, but what handwriting does he plan to use to make his entry? He wants to drive out lobbyists, but if he does, who will champion the interests of union members, war veterans and chemical corporations? He wants to negotiate with the world's dictators, but to what end, exactly?"

Read it.