QUOTE OF THE DAY – AT 10:41 A.M. ET:  Who is Barack Obama?  What president does he resemble?  From defense analyst K.T. McFarland at Fox:   

Russia, flush with new-found wealth from oil exports, expands its military reach and political influence abroad. A war-weary America slashes defense spending and retreats from the world. The president embarks on a massive government-subsidized program to develop alternative energy to replace fossil fuels.

Pundits cluck about America in retreat, and point to the rise of an Asian economic superpower. That’s the world circa 1976, but it sounds like quotes ripped from today’s headlines.

History has a way of repeating itself, or to quote the great Yogi Bera, it’s déjà vu all over again. The Obama administration is looking a lot like the Carter administration. Only worse.

President Obama may think the Cold War is over, as dated as yesteryear’s fashions. But President Putin thinks it’s game on, and Russia is winning. And there is ample evidence to support his claim.

I can’t wait for the pictures from the next Obama-Putin meet-up. It will be in June in Sochi, where President Obama would NOT go for the Olympics, but has to go for the G-8 summit.

In the past, Putin has looked bored, picking lint off his sleeve while Obama droned on.

This time he’ll no doubt have a smirk on his face: he’s got Snowden safely ensconced in Moscow, he’s calling the shots in Syria, he’s taken America’s place with Egypt, and Europe is addicted to his natural gas.

His budget is in surplus and his coffers flush with oil revenues.

COMMENT:   The Obama administration is the second term of Jimmy Carter.  But, as McFarland says, it's worse. 

The only two forces that have become more powerful in the world since Obama became president of a country he holds in contempt are Communism and radical Islam. 

We had Reagan in 1980.  I don't see anything similar today, but you never know.  Reagan had been laughed at by the Republican establishment in the late 70s.  Some new leader, also outside the establishment, can rise in 2016.

March 1, 2014