This is a major development. First, it absolutely ends the "pals around with terrorist" slime that Palin has been slinging around. Second, it vettes Obama in the one area McCain has had a slight advantage: foreign policy. Third, it insures that Obama will be able to hold on to the headlines for the next 3 or 4 days. This is time that McCain desperately needs to shift the momentum of the race. Finally, it trumps the Lieberman endorsement of McCain. Lieberman has no standing in the Democratic Party since he went Independent. I fully expect him to be dismissed from the Democratic caucus if the Democrats fall short of getting to the magic 60 in the election (or if they can get it without him). Powell, on the other hand, is still respected by many moderate Republicans and most Independents. We could see the "Obamamentum" become a tsunami. At least, I hope so.
CNN story
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