Sunday, October 19, 2008


$150 Million-Plus (KAPOW-ELL!)

Wow. Wow.

Well, this is undoubtedly helping Sen. Obama make his closing arguments in the presidential race.

UPDATE: A darn good day for the senator from Illinois. In addition to the big money announcement, he gets a "big-money" endorsement with Colin Powell coming on board. Beyond the foreign-policy heft and reassurance he brings to middle-of-the-road voters
(despite the hit that his reputation took over the WMDs in Iraq), the timing of this declaration inevitably forces the McCain campaign to deal with this when he wants to focus more on the tax issue. Though many will draw the conclusion that Powell decided to cross parties just because of race. However, the former secretary of state gave broad, nuanced, reasons for his choice. As he pointed out, if it was just solely (soul-ly?) a "black thing," he could have done it weeks ago. Ironically, considering Powell's foreign policy portfolio, he sounded as if it was more the McCain campaign's herky-jerky response to the economic crisis that ended up being the deciding factor in his endorsement.

UPDATE II: For those who want the video without having to link through to the MSNBC page:

UPDATE III: Very smart measured response from McCain:
"Well, I've always admired and respected Gen. Powell. We're longtime friends," McCain stated. "This doesn't come as a surprise. But I'm also very pleased to have the endorsement of four former secretaries of state, Secretaries Kissinger, Baker, Eagleburger and Haig. And I'm proud to have the endorsement of well over 200 retired Army generals and admirals. But I respect and continue to respect and admire Secretary Powell."

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