Probably right

Rico says his somewhat conservative (an understatement) friend Bill Calloway sends along this column by Dr. Walter Williams, a a conservative economist who happens to be black. He is currently teaching at George Mason University:

Can President Obama be defeated in 2012? No, he can't. I am going on record as saying that President Barak Obama will win a second term. The media won't tell you this, because a good election campaign means hundreds of millions (or, in Obama's case, billions) of dollars to them in advertising.
But the truth is, there simply are no conditions under which Barak Obama can be defeated in 2012.
The quality of the Republican candidate doesn't matter. Obama gets reelected.
Nine percent unemployment? No problem. Obama will win.
Gas prices moving toward five dollars a gallon? He still wins.
The economy soars, or goes into the gutter, Obama wins.
War in the Middle East? He wins a second term.
America's role as the leading Superpower disappears? Hurrah for Barak Obama!
The U.S. government rushes toward bankruptcy, the dollar continues to sink on world markets, and the price of daily goods and services soars due to inflation fueled by Obama's extraordinary deficit spending? Obama wins handily.
You are crazy, Williams. Don't you understand how volatile politics can be when overall economic, government, and world conditions are declining? Sure I do. And that's why I know Obama will win. The American people are notoriously ignorant of economics. And economics is the key to why Obama should be defeated.
Even when Obama's policies lead the nation to final ruin, the majority of the American people are going to believe the bait-and-switch tactics Obama and his supporters in the media will use to explain why it isn't his fault. After all, things were much worse than understood when he took office.
Obama's reelection is really a very, very simple math problem. Consider the following:

1. Blacks will vote for Obama blindly. Period. Doesn't matter what he does. It's a race thing. He's one of us.
2. College educated women will vote for Obama. Though they will be offended by this, they swoon at his oratory. It's really not more complex than that,
3. Liberals will vote for Obama. He is their great hope.
4. Democrats will vote for Obama. He is the leader of their party and his coat tails will carry them to victory nationwide,
5. Hispanics will vote for Obama. He is the path to citizenship for those who are illegal, and Hispanic leaders recognize the political clout they carry in the Democratic Party.
6. Union members will vote overwhelmingly for Obama. He is their key to money and power in business and state and local politics.
7. Big Business will support Obama. They already have. He has almost one billion dollars in his reelection purse, gained largely from his connections with Big Business, and is gaining more everyday. Big Business loves Obama because he gives them access to taxpayer money so long as they support his social and political agenda.
8. The media love him. They may attack the people who work for him, but they love him. After all, to not love him would be racist.
9. Most other minorities and special interest groups will vote for him. Oddly, the overwhelming majority of Jews (in spite of his comments this week) and Muslims (his brothers) will support him because they won't vote Republican. American Indians will support him. Obviously homosexuals vote Democratic.
And, lastly,
10. Approximately half of independents will vote for Obama. And he doesn't need anywhere near that number because he has all of the groups previously mentioned. The President will win an overwhelming victory in 2012.

Rico says that, whether you agree with his logic or not, the guy's right... (Besides, you gotta really fuck up not to get re-elected in this country. Hell, Dick Nixon got re-elected...)