In response to:

Why the Obama Bubble Still Hasn’t Burst

None1257 Wrote: Oct 08, 2012 12:17 PM
Because it is not a matter of race, but the fact that there are many Americans who want to be dependent on government? Because there are a significant majority of Americans who do not place a very high value on preserving our freedoms?
Henry VIII Wrote: Oct 08, 2012 12:26 PM
Just as people in the ME don't understand what American style freedom means, Americans don't know what freedom isn''s death by a thousand cuts or slow conditioning; those who push for more government control don't really understand what they are giving away.
rickmcq Wrote: Oct 08, 2012 1:18 PM

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...