— This blog is reposted from Saturday night; the usual business-oriented blog on Mondays will be published tomorrow. —
Though it is easy to dismiss that bane of the average American – the so-called “experts” – they do hold vast institutional and collective wisdom – but perhaps it is about the past. All of them – from the left to the right – have been wrong this year. And so in this uproarious year, their judgment is now near useless given South Carolina. None of these experts expected that after three GOP contests three different candidates could call themselves a winner. One does not have to be an expert in these things to sense something is not plumb with things-as-usual. I have been around journalistically and politically long enough to be confounded totally by what has happened in South Carolina. For me, it now is not outside the possibility that President Obama could lose this election. Continue reading