Editor's Note: Ed Rollins, who served as political director for President Ronald Reagan, is a Republican strategist who was national chairman of former Arkansas Gov. Mike Huckabee's 2008 presidential campaign. Ed Rollins says failing to find the WMDs in Iraq was far more than a disappointment. NEW YORK (CNN) -- One week from today, a historic presidency begins and a tarnished presidency ends. The inauguration of Barack Obama, the first African-American president, cannot come quickly enough for the vast majority of Americans. This young man with the keen disciplined mind and the buffed body begins a presidency with high hopes, goodwill and a never-ending list of problems left on the Oval Office desk by George Walker Bush, the ever-confident occupant of that high office who seems like the dinner guest who will not leave.
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Ed Rollins: Bush ends his second term with a tarnished presidency
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He says Bush wasn't incompetent or dishonest but he showed arrogance
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Rollins says the four former presidents who met with Obama all had great failures
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He says lesson for Obama is that things often don't go as planned
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Eliminating weapons of mass destruction was the rationale for sending hundreds of thousands of men and women to Iraq to risk their lives and spending billions of dollars of @placeholder taxpayers' money.
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President @placeholder went on to say: "One thing about the presidency is that you can only make decisions based on the information at hand.