The blogosphere and the pundits have been ablaze with Colin Powell's endorsement of Senator Obama. It is not really that great a shock. It has been rumored for months (there were even rumors that Powell would speak at the Democratic Convention).
We on the right need to face facts. This is the last nail in the coffin. I know most conservatives do not like McCain but he was the only Republican who had a shot this year. He was game but the financial crisis (and his answer to it) doomed him.
Obama is the result of Bush. Without Bush., Barrack Obama is probably a Con Law professor, not about to be elected president. When Bush started talking about “compassionate conservatism” we all should have raised alarm bells. His actions after going into Iraq, his tone deafness, his fecklessness and his manifest unseriousness about everything has lead us here. And ow he is doing Obama's job for him by nationalizing the financial sector.
We as conservatives need to rethink a lot. As I noted last week, maybe we are meant for a period in the deep wilderness to remember our principles. I do worry though that collectivism and intervention will now be the norm.