I don’t think that there is an Obama bubble as much as there is desperation.

Everyone is “hoping” Obama will save the day.

Even the real estate contractors I know (who drive 4-wheel drive trucks and are generally Duncan Hunter type Republicans) are hoping for an Obama miracle.

Free market, small-government Republicans are now throwing ideology out the window and demanding a socialist intervention.

Piggs who foresaw the bubble burst are different from the general population.