How to beat Obama in 2012 and how to lose

What happened to all the talk about Obama being a one term president?

What changed in the political landscape lately to make his re-election seem a likely possibility?

Well the country is basically a 50/50 split. The 50% for Obama basically want a Fed government teat to suck on throughout their lives, and it doesn't take much of a swing either way. As bad as Obama has been that swing will be away from him, but I think it is true that Paul could swing it back if he ran 3rd party, because it is not Obama's voters voting for him.