I've said it a few times before, and I am sure I will say it a few times more, but Al Giordano is the blogger/pundit/journalist you all should be reading.
The proprietor of Narco News has been the shrewdest observer of the Obama Administration since Inauguration Day, as evidenced by this post.
Giordano seems to be the only commenter in the Blogosphere who understands Obama's style, which is heavy on conciliation (when possible), steadfastness (rather than stubbornness) in the face of opposition, patience and, above all, a great view of the chessboard and his opponents favorite moves.
Please go read the post I've linked. You'll see all of the above mentioned traits. You could probably close your eyes and imagine the horrified looks on the bankers' faces when they realize that Obama doesn't work for them; in fact, he has all of their balls in his hip pocket.