LA Times endorses Obama

From their editorial:

It is inherent in the American character to aspire to greatness, so it can be disorienting when the nation stumbles or loses confidence in bedrock principles or institutions. That's where the United States is as it prepares to select a new president: We have seen the government take a stake in venerable private financial houses; we have witnessed eight years of executive branch power grabs and erosion of civil liberties; we are still recovering from a murderous attack by terrorists on our own soil and still struggling with how best to prevent a recurrence.

We need a leader who demonstrates thoughtful calm and grace under pressure, one not prone to volatile gesture or capricious pronouncement. We need a leader well-grounded in the intellectual and legal foundations of American freedom. Yet we ask that the same person also possess the spark and passion to inspire the best within us: creativity, generosity and a fierce defense of justice and liberty.

The Times without hesitation endorses Barack Obama for president.