Douglas Wilder

Greece's European neighbors were able step in and bolster the weak foundation on which Greece's free-spending budget was based. It would be difficult for any country, or intergovernmental organization, to rescue an economy the size of the U.S. if investors were ever to lose faith in our bonds because of our enormous debt.

Since the heady days of the 2009 Inauguration, middle-class independents have grown increasingly distant from Obama. Working-class voters - always more enamored of Clinton - have grown even more wary and distrustful of the Chicagoan. Both voting blocs pose the danger of serious defection in 2012. Without their support, Obama cannot win.