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UK Independent: Obama's great week

Rupert Cornwell: After this week, we may all owe Obama an apology

Out of America: Healthcare reform, standing up to Israel, and a nuclear treaty have transformed his presidency

What a week it has been. Congress passed the most far-reaching social legislation in four decades. The US and Russia agreed the most important arms control agreement since the end of the Cold War. And an American president, his patience exhausted with Israel's procrastination over what some still describe as "the Middle East peace process", dared send off a visiting Israeli prime minister with a flea in his ear. In short, it was the week that made Barack Obama.

That of course is precisely the sort of flip journalistic judgement of which the man so strenuously disapproves. Anyone who has read his memoir Dreams from My Father, anyone who followed closely the 2008 election campaign, anyone who has watched him pause for a few moments after a question to think through his answer, will have realised that Obama is one for the long game. But a year into his administration, even the true believers were starting to have doubts.

Patience seemed to have turned into stoic passivity. That famously cerebral approach suddenly looked like dilatoriness. Even the trade-mark unflappability had come to resemble a perilous detachment from reality. The vast promise of his presidency was slowly fizzling out, as item after item on his agenda seemed to run into the sand. One respected commentator wrote earlier this month that he didn't seem to be enjoying the job. To others he gave the impression, to borrow Norman Lamont's old jibe against John Major, of being "in office, but not in power".
His enemies, of course, are doing him their share of favours. Republicans may have won a few tactical skirmishes, but the benefits of a policy that consists entirely of saying "no" have surely run out. The fact is that Sarah Palin, the best-known Republican in the land, is judged by 70 per cent of Americans to be unqualified for the White House.

And after its failure to stop healthcare reform, Republican obstructionism looks less menacing. The prospects for financial market reform, climate and energy legislation and immigration reform have suddenly brightened. Obama, of all people, will be wary of excesses of optimism. But one thing he knows full well. Nothing succeeds like success.
Time is a great equalizer in most things. So one can only comment: time will tell. I'm still looking forward to seeing how the bail-out money was spent, especially with relevancy to how much the Big Banks got bailed out for and how necessary it was, given they were booming within months of the bailouts, with not a single crack in their walls. Where is all the transparency in the reporting of these transactions? So many secrets in the cupboard, and like Gitmo came to haunt Bush, Obama's involvement in corporate finance deals right at the beginning of his Presidency may come to haunt him too. No wonder the Federal Government is appealing against a court decision for the public to have access to the bailout records.
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