Foreclosure-Plagued Nevada May Be Key Battleground in 2012

HENDERSON, Nev. -- Look no further than Nevada -- and this swing voting city -- to understand why President Barack Obama may not win re-election next fall.

Unemployment has grown to 13.4 percent, well above the national average, in recent months. The state has the highest foreclosure rate and record bankruptcies. And shuttered casinos collect dust along the glittering Las Vegas Strip that's usually a robust artery of jobs.

"Obama's hope hasn't done anything," grouses Larry James, a security guard who moved here from Philadelphia for work a decade ago, back when the state was booming.

It's so bad here that even the president's fans worry about the country firing him -- and Nevadans helping.