[TheMercenary]

There comes a time and a point in history which indelibly define a President. Oftentimes the event may not be of major import in the greater scheme of things but the management of it is of such prominence that the success or failure in the handling of the issue is permanently attached to the individual. Such a moment has happened to Barack Obama. His incompetence, inability to lead, prevarications, petulance and immaturity in the debt ceiling crisis have indelibly created an image of abject failure in the minds of a critical mass of people in the United States and around the globe. He will never be able to overcome the portrait that has been etched in too many minds.
Barack Obama's only interest in the debt ceiling debate was to raise the borrowing limit sufficiently to get by the next election, and as a cudgel to denigrate the Republicans. His concern was not for the American people and the impact of overwhelming national debt, nor an impending and inevitable credit downgrade. Rather, he was determined that raising the debt ceiling would not become an issue during the presidential campaign. Thus, spending cuts created out of whole cloth, combined with tax increases aimed at stoking the embers of class envy, were bandied about by his party in order to justify an increase in the debt ceiling of $2.4 Trillion.
The destruction wrought by the nearly $5.5 Trillion (more than a third of the total debt of a nation 222 years old) he will have added to the nation's balance sheet by the end of his term was immaterial, thus no detailed plan was forthcoming from the White House, and no lie or accusation aimed at the opposition was too absurd to tell. The only matter of importance was his re-election; the long-term health of the country be damned.
With this lasted chapter of Obama cynicism he has gone a bridge too far; and that bridge has collapsed behind him.

Continues:
http://www.americanthinker.com/2011/...residency.html