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You may have seen a part of this on the news yesterday, it's President-elect Obama roasting Rahm Emanuel back in 2005, at an Epilepsy fundraiser.
Buried in funny humour is often a grain of truth. While the piece is really funny, about three-quarters of the way through is the line "Failure is not an option" - and that may well crystallize why Mr. Emanuel is now incoming Chief of Staff.