Analysis- Obama's Olympian Gamble Collapses

The Obamas jetted off to Copenhagen, Denmark in an attempt to use their "star power" to personally lobby to bring the Olympics to Chicago in 2016. But after the meeting, when they were still in Air Force One on their return flight, they got the news that their request was denied and Chicago was the first of the four finalists to be eliminated!

All that was for naught as Chicago was eliminated in the first round of voting, a decision that brought gasps from the Chicago contingent at the Copenhagen meeting.

The Republican National Committee chairman, Michael Steele, was unsparing in his criticism in a statement issued before the decision was announced and on a day when the U.S. jobless rate rose to 9.8 percent, a 26-year high.
"As President Obama travels to Copenhagen to bring the Summer Olympics to his hometown seven years from now, Americans back home are increasingly concerned they won't have a job seven months from now as they see more and more of their neighbors and friends lose jobs today," Steele said.

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