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I tend to agree with several of the talking heads that I've heard over the last several months: Obama will likely limit what he does between now and the election. He may do one of two "small" measures that the majority of Americans will not notice, not understand, etc. so that he can claim a victory for his base. Maybe a magazine ban, maybe something else.

If he gets reelected, I think all bets are off. He'll push for anything he can possibly get passed and anything he can't get passed he'll try to get done by executive order, his control of the BATFE, FBI, ICE, etc.