At the end of the day, "Obama's Waterloo" was less like the Napoleonic defeat in 1815 and more like the ABBA song: not the best in the world, but with a beat and you can dance to it.
The Optimist says: "The Glass is Half Full." The Pessimist says: "The Glass is Half Empty." The Bureaucrat says: "What we need are 5 glasses, 1/10th the size." The Angry Drunk Bureaucrat says: "Where's my damned bourbon?"