Harry Reid Conceding Election?

Harry Reid is is doing something very strange or maybe he is just say F- you to the taxpayers and voters of Nevada. He is inviting President Obama to campaign for him in the first week of July, if Jon Ralston is telling the truth. http://www.lasvegassun.com/news/2010/jun/14/report-obama-campaign-harry-reid-las-vegas/
This really has me wondering. We have record unemployment, illegal immigration problems, Obama is not well liked in most of Nevada and Reid invites Obama to campaign for him? Especially with Obama's record for campaigning for candidates, which is terrible, this is just shocking.
Sounds like political suicide to me.