Colin Powell endorses Barack Obama

By Edward Harrison On Oct 20, 2008

Yesterday, former U.S. Secretary of State Colin Powell, a Republican, endorsed Democratic candidate Barack Obama for President despite long-standing support for John McCain. While I agree with the reasoning in many of the statements he made as to why he has endorsed Obama instead of McCain, it is unclear what, if any, impact this will have on the U.S. Presidential election.

Given Powell’s stature in U.S. politics, it can only help Obama and hurt McCain. As for his statements themselves, please see the 7-minute YouTube video below.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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