For a Barack Obama operative to accuse Mitt Romney of misrepresenting his chairmanship at Bain Capital to the Securities and Exchange Commission over a decade ago, “which is a felony,” as Stephanie Cutter said, reveals the desperation of a presidential re-election campaign that must distract Americans from its dismal economic record. …

This is not the first lie the Obama presidency and campaign have propagated. From claiming that U.S. oil output “is the highest that it’s been in eight years” (while oil output on federal lands was falling 275,000 barrels a day), to portraying a company fixer and job creator like Romney as an outsourcer, Obama’s untruths are legion. …

Why should we nose back into Romney’s past when Obama won’t release his academic records? University of Chicago law professor Richard Epstein, in “The Amateur,” says Obama avoided fellow academics at lunches and workshops while at the law school, because lacking “any signs of intellectual curiosity or power” he made sure not “to put himself at intellectual risk.”