I think [Time magazine] went to the relatively faceless functionary Bernanke mainly not to name Barack Obama. Time, like a lot of its fellows in the wild world of the contemporary U.S. media, is in an awkward place with regards to Mr. Obama. Having devoted so much incense to his remarkable ascendancy, a great swath of his country's press is looking for a convenient and not too noticeable off-ramp while it – shall we say – recalibrates its enthusiasm.From "Why Time passed Obama by."
It's an uncomfortable pivot from the audacity of hope to buyer's remorse. Very uncomfortable for those in the media who played the cheerleader for Mr. Obama, who skated by controversies that would have sunk other candidates or abandoned the ruthless investigations they would have pressed on less congenial candidates.
The ferocity they applied to the Republican vice-presidential candidate, Sarah Palin, in contrast with the timidity they brought to his campaign, will in time come to be seen as one of the most shameful episodes in American journalism. Not so much for what they did to Ms. Palin, but for what they neglected to do in examining the candidate for the office that really counted. In some curious way, the U.S. media's bulldogging of Ms. Palin was kind of an inverted compensation for what they weren't doing to him.
Well, the bands have stopped playing for Barack Obama.
The contrast between the treatment that was given Sarah Palin and that which was directed at Barack Obama - back when it counted - is the important part of this. We now know everything there is to know about the former Alaska governor yet - to this day - we know little about the guy who is our president.
But what we do know - what we've come to learn the hard way - we don't like.
But it no longer matters. Thanks to the mainstream press, we're stuck with him for three long years.