In response to:

Why the Obama Bubble Still Hasn’t Burst

Stuart95 Wrote: Oct 08, 2012 11:53 AM
Hugo Chavez, Venezuelan dictator and Obama endorser, is showing us how it's done. By passing out revenue from nationalized petroleum resources, he just bought his way to a 54% election majority. That Venezuela leads the world in inflation and murder rates, has nationalized nearly all of the media, and has sent capital scurrying is just collateral damage; not nearly enough to cast doubt on the promise of socialism.

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...