"The world would dearly love a vote in this, yes, epic contest, but will content itself with a ringside seat," Philip Stephens closed his June 6 column about the U.S. presidential election. The Financial Times associate editor certainly played the spectator part, cheering for Obama while booing McCain.

Stephens seemed to argue that McCain may well have stooped to outright racist talking points to win the election, but thanks to Clinton partisans creating the elitist meme, he can use that handily as a proxy for the race card:

The primaries took their toll. The Republicans' John McCain will not have to mention his opponent's skin colour to stir old prejudices among some white voters. He can take his cue from Geraldine Ferraro, a former vice-presidential candidate and supporter of Mrs Clinton. "If you're white you can't open your mouth without being accused of being a racist," she said last week. "They [working class whites] don't identify with someone who has gone to Harvard and Columbia Law School and is married to a Harvard-Princeton graduate".

The FT columnist did make clear that Obama is not the flawless Obamessiah many hoped him to be, but the things he found that took the shine off the Illinois senator were focused heavily on matters of style, not substance: