Obama's second term

Obama is down, but it’s very early in the play. Like Reagan, he came here to do things. And he’s done much in his first 500 days. What he has left to do, he knows, must await his next 500 days — those that come after reelection.
So 2012 is the real prize. Obama sees far, farther than even his own partisans. Republicans underestimate him at their peril.

Krauthammer to Us: Obama's Second Term is Very Very Real