Take Carville’s advice.
Wrap that 10% unemployment around their necks and don’t let go until November.
I think it points to a vacuum that will be filled in a yet unknown manner. This does not appear to be far-fetched. We are perceived, correctly, to be economically weak; and our foreign policy is purposefully weak. There are therefore at least two vacua to be filled. We might have a civil war or dictatorship. If so, nobody will be counting seats in either case.
I think at this point Karl Rove and James Carville are new BFF. Obama is going to fall flat on his ass and take most of those morons with him.