Imagine John McCain, having eked out a narrow victory in 2008, running for reelection against Illinois Senator Barack Obama under today’s economic and foreign policy circumstances. The following would be  a sample triumphant press report – New York Times, Washington Post, LA Times, what have you — dated Friday September15.
 
“President John McCain’s reelection bid is tottering on the verge of 
collapse. The raising of the black flag over the Cairo Embassy, the 
killing of the U.S. ambassador in Libya, and the outburst of violent 
protests throughout the Mid East appear to be the coup de grace to 
McCain’s faltering campaign. Yesterday, reporters pelted the visibly 
dispirited McCain on the campaign trail with pointed questions about the
 Middle East: ‘Did you really say Egypt is no longer an ally? Did a 
major UK newspaper not present evidence that we had credible reports of 
security breaches at our Libya compound and you did nothing about it? 
You have not held a press conference for months. When do you intend to 
stand before the press and answer our questions? 
go to forbes.com
Why that early defeatism?
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