After weeks of opposition to his candidacy from an array of progressives, the president’s inability to rally Congressional Democrats on Syria persuaded Mr. Summers that his most important audience — the Senate, which must confirm a Fed chairman — probably could not be won over.
He concluded that the White House was also unlikely to overcome opposition to his candidacy from many of the same Democrats, who view him as an opponent of stronger financial regulation, according to supporters who insisted on anonymity to describe confidential conversations with him.
“Clearly Obama couldn’t bring his own most enthusiastic supporters to back him on an issue of national security,” one supporter said. “How was he going to corral them for Larry?”
Hmm... maybe if Obama had threatened to drop Summers on Syria... naahh.
Obama has lost his mojo, the Times goes on to reveal:
The embarrassing setback reveals an administration increasingly hamstrung by occasional opposition of liberal Democrats, not just its familiar Republican opponents. It adds to the rocky nature of Mr. Obama’s fifth year, following the failure of a gun-rights bill, the stalling of an immigration overhaul and the lack of progress on a budget deal, on top of the back-and-forth over whether to conduct airstrikes in Syria to punish the Assad regime for a poison gas attack that killed hundreds of civilians.
Three more years! At least one is bound to be better than this, just by dumb luck. But while we await the resuts of the search for the missing mojo, Politico notes that being a friend of Barry ain't what it used to be:
President Obama does friends no favors
Barack Obama’s got a knack for turning trial balloons into piñatas, and then leaving his allies to pick up the mess.
The pattern: He floats a buddy for a top job early, deliberates long enough for the opposition to gather steam, defends his pal too late to do any good and then regretfully accepts defeat.
First it was Susan Rice, his choice for secretary of state. Now, Larry Summers has withdrawn from consideration to become the next chairman of the Federal Reserve. Their candidacies were so poorly handled that neither ever made it to the stage of being nominated, much less getting blocked — or voted down — by the Senate.