I agree with Iain Martin that the current crisis on Wall Street should make this Obama's moment. If he can't make the most of this, he deserves to lose the race.
General election campaigns in the home stretch are, as Ambinder notes, all about how the candidates react to external events.
During the primaries, Obama demonstrated how brilliant he is at having a plan and sticking to it when everyone else is losing the plot.
Now he needs to demonstrate something else: a talent for brilliant improvisation.
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