Obama's Interview With Progressive Bloggers (FULL TRANSCRIPT)
Wednesday, October 27, 2010
No, dearie, 'political capital' has nothing to do with what the media says.
It's the measure of a politician's power, and on the heels of an election, where more people voted for Obama than ever have voted for anyone in the history of the country, and by the margin of the win, that's heavy political capital.
Right after an election, too, the honeymoon period, is when the politician's power is the greatest, particularly a president's. Even those who didn't vote for him will bestow political capital on him, just because he's a winner.
The more a politician uses his political capital, and successfully, the greater the amount and the power he has. It must be spent to be useful, and will generally expire by the end of a politician's term in office.
In addition, it can be wasted, typically by failed attempts to promote unpopular policies that are not central to a politician's agenda.
Along with the president's popularity are those who ride on his "coattails", congressional representatives of the president's party that are elected alongside the president. This support in congress enables the president to better use his honeymoon period and political capital to pass his ideal legislation.
Obama wasted his political capital. OUR political capital. We gave it to him, and he squandered it, on nothing.
Do you really not know this? May I ask how old you are, and your highest level of education?
Read the Article at HuffingtonPost