Common Sense

Obama is Betting the Ranch

Some of you have asked why I would bother to talk to a world champion gambler on a business show.

Why wouldn’t I?

Who better to judge whether this president’s big spending bet will pay off?

Who knows more about stacking a deck than a guy who makes his living off playing that deck?

Think about it.

I could have gone the typical congressman route and talked to a Republican opposed to this spending, and a Democrat in favor of it — which, by the way, I have many times — or gone beyond pat party answers to this game, to understanding the game itself; how it’s played, how much is wagered, and exactly who is bluffing whom.

Seasoned gamblers have told me Kenny Rogers got it right. You really do have to know when to hold 'em and when to fold 'em.

Which is why so many gamblers have said they’re surprised this president isn't folding 'em; that after the losing hands he's been dealt in Massachusetts and Virginia and New Jersey, he'd be pulling back.

But instead, he's doubling down.

He's betting the ranch, clearly convinced he's still got a good hand; and just as convinced that the house does not.

Because the best gambler is willing to bet the house thinking the other side will blink.

Our gambler-in-chief tomorrow night will be going into the house betting players there have sadly mistaken his hand.

They'll think he's on the ropes, but he's not; that he'll fold, but he won't.

That he's spent, so no way he'll propose more spending, but he will; and that he sure as heck shouldn't be smiling, but he is — until they come to realize the crazy gambler's got something on them.

All of them.

He's betting everything — not with a cent of his own money — but everybody else's.

Don't look now, but the chits have hit the fan.

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