The press anoints Obama in Iowa, then gets caught smirking by the re-ascendance of Queen Hillary in New Hampshire. Is the press getting its come-upance?

That's the story if you watch John Stewart lampooning Wolf Blitzer, Lou Dobbs and any network besides Comedy Central.

That's also how Daniel Henninger's Wall Street Journal article "Thomas E. Obama" sees it, invoking the flawed announcement of Dewey's supposed defeat of Truman:

Here's a simple explanation for what happened in New Hampshire. In...