This is what a UK Telegraph is reporting:
Washington insiders say he will quit within six to eight months in frustration at their unwillingness to "bang heads together" to get policy pushed through.
Mr Emanuel, 50, enjoys a good working relationship with Mr Obama but they are understood to have reached an understanding that differences over style mean he will serve only half the full four-year term.
Friends say he is also worried about burnout and losing touch with his young family due to the pressure of one of most high profile jobs in US politics.
"I would bet he will go after the midterms," said a leading Democratic consultant in Washington. "Nobody thinks it's working but they can't get rid of him - that would look awful. He needs the right sort of job to go to but the consensus is he'll go."
So, Emanuel will be the fall guy when the Democrats are destroyed in November. I can't say I'm surprised. This administration has done everything wrong. They violated the trust of the American people over and over again, most egregiously when they ignored voters' outrage and forced through ObamaCare. Emanuel recognized that a massive political backlash was coming and recommended that Obama accept a smaller reform bill. However, according to the Telegraph, Axelrod and Valerie Jarrett were the ones who convinced Obama to go for the whole health care enchilada:
There were sharp differences over health care reform, with Mr Emanuel arguing that public hostility about cost should have forced them into producing a scaled down package. Mr Obama and advisers including David Axelrod, the chief strategist, and Valerie Jarrett, a businesswoman and mentor from Chicago, decided to push through with grander legislation anyway.
If Obama and his inner circle think Emanuel's departure will solve their problems, they are in for a rude awakening. This administration is severing its carotid artery with its turn toward socialism, its apathetic reaction to the Gulf oil spill, and its outright hostility to our nation's allies; applying a band aid will do nothing to stop the hemorrhaging.
Hat tip: Drudge