Colin Powell endorses Obama for President

[ayinhara]

This is a major endorsement for Obama.

http://www.time.com/time/nation/article/0,8599,1851832,00.html?imw=Y

This carry a lot of weight with many undecided voters.

Comments

[meko00]

I'll save that link for later, thanks.

You know, I... I'm not undecided, even if I could vote, which of course I can't do in the US. I'm really not. I just don't want either candidate to win, as I think both would be underqualified. I do realise that one of them will win, but... I think both of them have some seriously bad ideas and I do hope that someone will make them see sense about trying to implement them.

And I can hope with the best of them. I just don't think change for the sake of change is good when it comes to governing. You've got to have some definite ideas that you're willing to work with, not just nebulous dreams.

[ayinhara]

We have already had 8 years of Republican misrule, so it is hard to see how Obama could do a worse job than Dubya. If nothing else, look at the disastrous Iraq adventure and the financial meltdown. Even The Economist thinks that banks should be better regulated.

[meko00]

I'm not saying I'd vote for the Republicans (I'm a Northern European liberal with conservative leanings, which doesn't really translate all that well to US politics). And well, the banks is a whole other question; you have to really define "better regulated", as they weren't free to begin with but rather forced by US law to give loans to people who had no chance of paying back even in the best of all possible worlds, which doomed it from the outset. And then incompetent idiots got greedy, which further complicated matters (it'd be good if we could ban incompetent idiots from getting employment where it'd hurt if/when they screw up, but I seriously doubt we can). I'm just saying that I don't think neither the Republican nor the Democrat candidate is up for the job.

And Iraq... yeah. Messy situation, no doubt about it.

[ayinhara]

I think you are being swayed by Republican misinformation. Banks were not forced to loan to people "who had no chance of paying back even in the best of all possible worlds, which doomed it from the outset." What used to happen in minority neighborhoods, especially black and hispanic, was that banks would redline neighborhoods and offer poor service and refuse to offer mortgages to people who had good credit. That became such a scandal that the government exercised some oversight. As for banking regulation, itself, the government repealed the laws separating commercial banks from being involved in the stock market, changed the amount of cash they were required to keep on hand, etc.

As for neither cndidate being "up for the job", I'm not sure what you mean.