Democrat Senator Barack Obama snared the coveted endorsement of former US secretary of state Colin Powell and announced a record fundraising haul, handing another setback to Republican Senator John McCain’s lagging presidential campaign.

The decision by Powell, a Republican who served as US President George W. Bush’s first secretary of state, undermines McCain’s claim that his rival is not ready to be commander-in-chief of the US military. It could help Obama seal the deal with independent and moderate voters concerned about his qualifications.

Obama’s staggering US$150 million in donations last month more than doubles his previous record. read more
Source:http://www.taipeitimes.com/News/front/archives/2008/10/21/2003426517