Ethics: Should we want Obama to succeed or fail?

Rush Limbaugh recently created a stir among both liberals and conservatives by commenting that he hopes President Obama fails, which he claims is what all conservatives really want but are afraid to say. At the CPA Cconference, he reiterated this comment, claiming that he certainly doesn't want America to fail. However, in his mind, Obama succeeding and America succeeding are mutually exclusive. Of course, what other people are saying is that this is like hoping the ship goes down just so you can prove there really was an iceberg there. Also, some of this rhetoric sounds similar to the opposition to the war in Iraq by many liberals, which was often insinuated as being unpatriotic. So, is Rush right that we should want Obama to fail, or should we be wanting him to succeed?

Links:
Limbaugh's original comments (Media Matters)
Limbaugh's speech at CPAC