the decline of racism?

Have we reached a point where racism is no longer a dominant force in America? If not, what does that point look like?

What is the content of Barack Obama's character? It is hard for me to tell. I say that not out of spite, but because I don't have enough information to know. We'll see.

The excerpt below is from whitehouse.gov

End Wasteful Government Spending: Obama and Biden will stop funding wasteful, obsolete federal government programs that make no financial sense. Obama and Biden have called for an end to subsidies for oil and gas companies that are enjoying record profits, as well as the elimination of subsidies to the private student loan industry which has repeatedly used unethical business practices. Obama and Biden will also tackle wasteful spending in the Medicare program.

This "plan" sounds both ambitious and lame. Sure, I'd like to stop funding "wasteful, obsolete government programs that make no financial sense". The reality is though, subsidies for oil and gas companies and private student loans are a tiny fraction of the federal budget. I hope President Obama has a football helmet to tackle wasteful Medicare spending. Will said tackling result in a relative decrease to Medicare spending?