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2012: When Dreams Died

AZhot Wrote: Dec 27, 2012 12:07 PM
The Pubs have nothing to lose by hanging tough. They will take the blame no matter what, so what do they have to lose?

The year 2012 saw the triumph of cold reality over pie-in-the-sky dreams.

Barack Obama in 2008 won an election on an upbeat message of change in the hope that the first black president would mark a redemptive moment in American history. Four years later, the fantasies are gone. In continuing dismal economic times, Obama ran for re-election neither on his first-term achievements -- Obamacare, bailouts, financial stimuli and Keynesian mega-deficits -- nor on more utopian promises.

Instead, Obama's campaign systematically reduced his rival, Wall Street financier Mitt Romney, to a conniving, felonious financial pirate who did dastardly things, from letting the...