Reply #2: I'm pretty out of the loop, too -

[appamado amata padam]

and that's bad, cause I live in NY!

But the general consensus seems to be that, for whatever reasons, his administration has been ineffectual, and that he hasn't any chance of being re-elected. People want him to step aside, so a more likely Democrat may be elected, and so President Obama won't be associated with a "loser" candidate.