Obama Defies Pessimists as Rising Economy Converges With Stocks

tak said
Pres. Obama in the midst of the most scandal laden, promise breaking administration in recent history

I don't think that means what you think it means. "In the midst" doesn't mean to follow directly after another, to come immediately after, or to succeed.

What you meant to say was:

tak said
Pres. Obama is succeeding the most scandal laden, promise breaking administration in recent history

Unless, you're just playing politics, but clearly you know that scandals surrounding W's administration trump anything in the past 20 years.