IT'S THE ONLY THING for which he's even marginally competent: Obama back in fundraising mode (and Democrats expect him to stay there).

"As Michelle [Obama] helpfully reminds me, I don't have another race to run," Obama said at one of his fundraisers this week. "This is not a project that stops after a certain term in office, and it's not a project that stops after an election. This is something that we have to sustain over the long term."

He's not going away. Be afraid. Be very afraid.