this guys views on BO's speech last night...round of applause please

Saw this on CNN:

Commentary: Obama a one-term president? Editor's Note: Republican strategist Alex Castellanos was a campaign consultant for former Massachusetts Gov. Mitt Romney's 2008 presidential campaign and has worked on more than half a dozen presidential campaigns. Castellanos is a partner in National Media Inc., a political and public affairs consulting firm that specializes in advertising.
(I'm just listing a few that I really liked, but you can read the whole article at
http://www.cnn.com/2009/POLITICS/03/25/castellanos.obama/index.html

(CNN) -- Things I learned Tuesday night from President Obama's press conference:

Obama and congressional Democrats are angry that greedy Wall Street executives took $165 million in bonuses that the president and congressional Democrats gave them.

We have made them give it back, but they have to keep the trillion-dollar bailout.

Apparently, our education system is worse than we thought. Neither the president nor Democrats in Congress actually read the bailout-bonus bill.

Per-family household debt more than doubled from 1989 to 2007, going from $42,000 per family to $97,000 per family, in inflation-adjusted dollars. Most of it, 85 cents of every dollar, is home equity or mortgage debt. This is not the consumer's fault for borrowing it, nor Congress' fault for legislating it, nor the Fed's fault for enabling it, nor Fannie Mae's or Freddie Mac's fault for packaging it. This is all Wall Street's fault. It is also all George W. Bush's fault.

If there were an inheritance tax on problems, Obama could pay off any deficit.

Taxpayers living next to a toxic waste dump is a bad idea. Taxpayers buying a trillion dollars worth of toxic assets is good idea.

Taxpayers borrowing a trillion dollars to buy those toxic assets is an even better idea. Though it is still Bush's fault.

If we all loan a lot of money we don't have to each other, we will all be more prosperous.

An Obama press conference offers hope to everyone. Both those who want to drive the deficit up and drive it down receive encouragement.

Bush was laughed at for saying, "Yes, we are getting the job done. It's hard work," though it's OK for Obama to say only hard decisions reach his desk.

Enhanced border security was a bad idea when Sen. John McCain and Republicans proposed it but a good idea now that Obama is for it.

Washington was doing such a great job making things work before the meltdown that we should give it more to do, like running health care, the energy industry, banks, Wall Street and the car business.

Our economy is so complex that millions of Americans can't plan for it, but Timothy Geithner and a couple of other smart guys in Washington can.

Impatience lies not deep beneath the surface of Obama. There is no shortage of self-confidence in this young man. It is a short step from such confidence to arrogance.

Arrogance in a politician is not healthy. Hubris, combined with inexperience, can be fatal. Obama could be a one-term president.

The opinions expressed in this commentary are solely those of Alex Castellanos.