If the rumors are true, it would be an enormous coup for Obama, who has been criticized by the McCain campaign as naive in his foreign policy cred. It would also be a persuasive arguement to independents and moderate Republicans who were gung ho for a Powell candidacy 9 years ago and who have taken a second or third look at Obama.
It might also give a little tail wind to a campaign that appears to be worrying about keeping their momentum up with 2.5 weeks to go and a strong lead in the current polls.
P.S. - Look for Bill Kristol to demand an apology if this happens, as he predicted it a couple of months ago and was strongly repudiated by Powell's people.
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