In response to:

Why the Obama Bubble Still Hasn’t Burst

Bob319 Wrote: Oct 08, 2012 7:42 AM
While Star presents a good case I wonder if we are confusing cause and effect, likewise the the history of great civilizations is real, but is it real in 21th century. I wish I knew, but all the signs are not good. Whatever the cause it will probably take a complete collapse of the economy to wake some of these idiots up. The liberals really believe what they say - there is no point in arguing with them - only a rude awaking will work. sad, truly sad......

Can there be political bubbles like financial bubbles?

Financial bubbles, inflated by hopes and dreams, burst when reality negates any possibility that those hopes and dreams will be realized. At that point, sky high stock or bond or real estate prices come crashing down to earth.

Can the same thing happen in politics? Can a skilled politician, who has become popular with soaring rhetoric and promises, deflate when it starts becoming clear that he is not going to deliver?

Of course, I am thinking about our president.

Mitt Romney demonstrated in the first presidential debate that the considerable gap...