1) Obama has some reason to think that he has a lock on 2012 and is confident that he will be re-elected. If his friends in the media can make Romney the GOP nominee, I would say that Obama is right to feel confident.
2) Obama loses confidence and realizes that he will not get a second term. He has less than two years to complete the destruction of this country. Time for Gotterdammerung. He will cause a nuclear war to begin. Israel? Iran? Pakistan? He has multiple options and he seems to be setting the stage for each possibility.
Wow you and I have the same thought. I have thought of the Gotterdamerung since this guy got elected. If he is truly a Muslim what would he have to lose. Nothing. He would be making the ultimate Jihad.