Could it be not only out of desperation but also fear of the following scenario the Obama team moved to lock Clinton in with a major address at the convention to prevent the following scenario?
Unconfirmed sources close to former President Bill Clinton indicate he is seriously considering an unprecedented move, specifically supporting the candidacy of Mitt Romney. Such a move would be seen as bold and dramatic, giving Clinton a stage he has been denied for several years.
There are several motivations. President Clinton has stated on a number of occasions that he did not recommend any tax increases during bad economic times. The statements were made publicly, directly challenging Obama. Clinton is said to be genuinely concerned about the economic consequences for the country and the Democratic Party. He was reported in a meeting of confidants several months ago to have been extremely derogatory towards Obama, labeling him “an amateur”. Then there was the race card used on President Clinton by the Obama Campaign during the primary fight with Hillary Clinton. President Clinton is said to remain extremely angry at such a tactic, not only because he considered it a lie, but also because he had always been proud of his relations and acceptance by the Black Community.
It is no secret that the factions within the Democratic Party loyal to President Clinton have always been at odds with the Obama supporters. Such a move could alienate President Clinton from the Party as a whole, but there is another view that if Obama looks increasingly susceptible to being defeated, such a move could be seen as a move to rally the Clinton faction in a reconstituted Democratic Party. President Clinton could cement his reputation and historical view as someone who put the country above politics, making a courageous move that he felt best for the country even if it jeopardized his political standing.
The word is Hillary Clinton has opposed this endorsement because it would make her role in the Administration basically untenable. But President Clinton is seen as prevailing and a specific plan is taking shape. The endorsement would occur around the timeframe of the Republican Convention. Prior to going public, Hillary Clinton would meet with Obama to give him the news, explain her opposition to the endorsement, and offer to resign immediately or at the Obama’s pleasure.
Private assessments are such a move would have a dramatic effect of encouraging moderate Democrats as well as the undecideds to go in Romney’s direction, making an Obama defeat literally a fait accompli.