The debate was again very stimulating, and again I had trouble sleeping, more out of excitement this time, not because I was fighting against despair, as was the case after the first Obama – Romney confrontation.

This debate turned the election back to its substantial fundamentals. Obama’s September advantage has evaporated. It was perhaps inflated by the Democrats excellent convention performance and the Republican’s very poor one, and also by Romney’s 47% put down. Now there is a real contest between a centrist who is trying to move the center to the left (think Obamacare), and a professional candidate with unknown political orientation, clearly against Obama, though not clear what he is for.

Three competing approaches to governance, in fact, have been presented in the campaign. If Romney had won last night, he would likely win the election. Then there would be a contest between Romney, the Massachusetts moderate, and Romney, the severe conservative. There’s no telling what the result would be. But because Obama prevailed, he is still in there, and for three reasons I think that he will likely prevail. It’s a matter of authenticity, common sense and American identity.

Moderate Romney won the first debate because he performed well and because the President didn’t. That was reversed last night. The President was sharp, answering questions accurately and with authority, responding to Romney’s attacks precisely, most evident in the way he turned his greatest vulnerability, his administration’s handling of the attacks on the diplomatic mission in Benghazi, Libya.

Romney tried to use the same technics to dominate and shape the discussion as he did the last time. But it was off putting. He insisted on talking when moderator Candy Crowley tried to keep him within the time limit, first with success, then failing. His attempt to bully a woman didn’t look good, as was noted on social media. And then there was the unfortunate turn of phrase “binders full of women,” a phrase that took off on the web immediately, revealing as it does a patronizing approach to woman and a view from on . . .

Read more: Romney Loses!