It's only LOL if you're an Obama sycophant that can't admit when mistakes are made. It's the US president doing something unprecedented and getting egg on his face. It doesn't reflect poorly on him as a person, but it's a miscalculation by the White House and a waste of political capital. That's true, though the magnitude can certainly be debated. I think this would quickly blow over for him, depending on how much the Rush/Oreilly/Beck/Hannity crowd tries to keep it alive articifically.