On the economic front, President Obama pledged the U.S. to participate in a global financial control system that would be dominated by Europe. This means European-style overregulation reflecting their socialist policies. These policies historically have led to 10% or 12% permanent unemployment, paltry economic growth and massive government control of private businesses.

All this took place as foreign leaders rejoiced over what they saw as the end of American dominance. British Prime Minister Gordon Brown spoke of a world that moves past American leadership, while former British Prime Minister Tony Blair positions himself to become the first president of the European Union, which will undermine American sovereignty as a "new global architecture" is created. All this while French President Nicholas Sarkozy spoke of the world rejecting American capitalism, as other European leaders reviled free markets and insisted on government-managed economies to support permanent welfare states.

Such global economic and security arrangements undermine American values. These systems are incompatible with American ideals of rugged individualism, economic opportunity, and powerful military defenses.

They also undermine our culture and spiritual heritage. These countries are largely secular, some militantly so, and ceding such vast power to become beholden to them will lead to the same suppression of religious practice and belief that characterize many of these countries. This secularism also refuses to make moral judgments, leading to relativistic societies with destructive personal behavior.

President Obama has shown he supports a foreign policy that the radical left has wanted since the 1960s. It could be a long four years.