The only arguments I'm really willing to defend is that 1) the US need Europe far more than Europe needs the US and 2) the reconnection between Europe and the US with a Democrat in charge may turn very ugly on fundamental misunderstandings and truly divergent interests.
I'm also really unconvinced by either Obama or Clinton: too soft, too tactical, too pampered, too invested in the status quo when the country is in dire need of heavy duty reforms, particularly against its economic elites. I can really see Clinton or Obama blowing it completely by timidity, paving the road for a Republican resurgence en 2012.
In particular, I have really bad vibes about Obama if his proposals are any indication. Hopefully, I'm wrong. After all Roosevelt ran on a strictly orthodox platform of fiscal conservatism and ended up doing the exact opposite.
Nothing else he has said or done so far encourages me at all.
Since the departure of Edwards from the primaries, I've felt like a political ship without a sail! Six months ago, I would never have guessed that I could come to believe by February 2008 that Hillary Clinton now represents the best realistic option Americans have left.