First of all, we should get one thing out of the way — it’s not any citizen’s job to give a politician credit for his political calculations. In fact, that should rightly be part of the calculus of any political calculation; a politician should have to weigh the benefits of making, say, an unsavory insider alliance against the negative of public criticism for that move. If a leader doesn’t have to earn the admiration you give him, then a) that admiration doesn’t mean anything, and b) he will surely spend all his political capital on the people who do make him earn it.
Anyone who wonders why the Obama administration seems to be bending over so far backwards to appease conservatives and industry leaders in the health care debate and Wall Street in the financial regulatory reform debate can find their answer there: those groups make Obama pay for their financial/political support with real actions and policy concessions, while Obama’s “base” will continue their feverish support in exchange for mere gestures and marketing hocus-pocus, for news about the new family puppy or an appearance on Jay Leno.