McCain Wins Endorsement of Democrat

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TweetMcCain Wins Endorsement of Democrat" (WSJ) **NEW LATINO LEADER ENDORSEMENT**


Quote:
As Barack Obama and John McCain battle for the Hispanic vote, a leading Latino backer of Hillary Clinton is crossing party lines to support the Republican presidential nominee.

In an interview Thursday, Miguel D. Lausell, a Puerto Rican businessman and longtime Democratic activist and fund-raiser, came out for Sen. McCain. While he said he doesn't agree with all the policy positions of the Republican candidate and his running mate, Sarah Palin, Mr. Lausell added: "I find McCain to be a sound person and a man with a track record. I know where he is coming from." Mr. Lausell had been a major backer of Bill Clinton and served as a senior political adviser to Sen. Clinton's unsuccessful bid this year for the Democratic presidential nomination.

Mr. Lausell said he feels Sen. Obama "doesn't really regard the Hispanic community as important." Sen. Clinton won a large majority of the Hispanic vote in most primaries, and Latino voters are an important bloc in swing states such as Florida, Nevada and New Mexico. Most polls show Sen. Obama leads Sen. McCain among Latinos.

Mr. Lausell said that as a "lifelong Democrat," this is the first time he has supported a Republican presidential candidate. A Harvard Law School graduate, Mr. Lausell's business career has included a stint as chief executive of the Puerto Rico Telephone Co. and chairman of PonceBank, a large Puerto Rican financial institution. Mr. Lausell once had a position with the Democratic National Committee and served on a national finance board for Al Gore's unsuccessful 2000 presidential run. In 2004, he helped start a nonprofit aimed at boosting Latino turnout for Democrats.

Sen. Clinton, for her part, has firmly come out for Sen. Obama and asked her supporters to do the same. While many of her biggest backers have gotten on the Obama bandwagon, numerous others have held back and some have been looking to support Sen. Obama's general-election opponent. Earlier this week, another prominent Clinton supporter, Lynn Forester de Rothschild, declared for the Republican nominee. Other former Clinton backers may be declaring for Sen. McCain in the days ahead, according to someone familiar with the situation.

Public-opinion polls in recent weeks also show that a potentially significant minority of Clinton voters from the primaries still haven't decided whether to vote for Sen. Obama. If the Democratic nominee loses a large number of Clinton voters, it could prove crucial in a close presidential race.

A spokesman for Sen. Obama declined to comment on the move of some Clinton backers to the McCain camp. In recent weeks, the Obama campaign has touted the endorsements of current and former Republican officeholders, including Rep. Wayne Gilchrest of Maryland, former Iowa Rep. Jim Leach and former Rhode Island Sen. Lincoln Chafee.

Mr. Lausell cited several objections he has with Sen. Obama. "The U.S. is in a very difficult situation these days and I don't want someone without experience at the helm," he said. Mr. Lausell said he likes Delaware Sen. Joe Biden, but felt that if Sen. Obama was going to reach inside of Washington for a vice presidential running mate, he should have chosen Sen. Clinton, "who received 18 million votes" during the presidential primaries.

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Tweetthats a huge deal