Speaking this afternoon at CPAC in Washington, D.C., former Vice-President Dick Cheney said, "I think 2010 will be a phenomenal year for the conservative cause and I think Barack Obama is a one-term president."
It's a nice sentiment. But I won't truly believe it's a possibility unless a Democrat challenges Obama in the 2012 Primary. Gerald Ford, Jimmy Carter and George H.W. Bush were challenged. They survived their primaries but not the general election. Ronald Reagan, Bill Clinton and George W. Bush didn't have to fend off a primary challenger and were re-elected.
However tempting it might be it's far too early to eulogize President Obama's political fortunes.