Colin Powell Endorses Obama on Meet The Press (VIDEO)

Video of Colin Powell ensorsing Barack Obama on today's Meet The Press.

Colin Powell Endorses Obama on Meet The Press (VIDEO)
link

Barack Obama won the coveted endorsement of Colin Powell this morning, and his campaign announced it had raised a staggering $150 million in September, giving the Democratic front-runner to win the White House two big boosts heading into the final weeks of the presidential campaign.

Powell hailed the Illinois senator as a "transformational figure" and expressed disappointment in the negative tone of Republican John McCain's campaign, as well as his choice of Alaska Gov. Sarah Palin as running mate.

The retired Army general said that both Obama and McCain were qualified to serve as commander in chief, but not Palin. He also suggested that Obama was better suited to handle the nation's economic problems and build its stature around the world.

Powell, 71, who served as President Bush's first secretary of State, chairman of the Joint Chiefs of Staff under George H.W. Bush and Ronald Reagan's national security advisor, delivered his endorsement in an appearance this morning on NBC's "Meet the Press."

"We need a president that will not just continue, even with a new face and some changes and with some maverick aspects, will not just continue basically the policies that we have been following in recent years," said Powell, a longtime Republican who briefly considered seeking his party's presidential nomination in 1996....