The paper recognized the fact that “for the first time ever, an Alaskan is making a serious bid for national office” and all the attention that comes along with it. But - and a huge but - “it does not overwhelm all other judgment.”
The editors argue that John McCain is “the wrong choice” because of his reaction (or lack thereof) to the economic crisis and his embrace of “the extreme Republican orthodoxy he once resisted” in Karl Rove-style politics.
On the other hand, Barack Obama, they argue, brings promise to the office because he “enlists wise counsel and operates with a cool, steady hand” on the economy. As for foreign policy - they say the endorsement of Colin Powell should “reassure” Americans that the junior senator is ready to be commander-in-chief.