All eyes in Washington and the political world will be on Meet the Press this Sunday morning, more so than usual.

Colin Powell, former secretary of state, and chairman of the joint chiefs of staff, will be a guest on Meet The Press this Sunday, fueling increased speculation that he will finally make an endorsement in the 2008 race, with only a couple weeks until the election.

Powell, despite being a Republican, has been neutral so far this cycle, fomenting rumors in certain political circles that he may endorse Sen. Barack Obama.

” It’s going to make a lot of news, and certainly be personally embarrassing for McCain,” a McCain official said to Politico’s Mike Allen, on a possible Powell endorsement of Obama. “It comes at a time when we need momentum, and it would create momentum against us.”

Tom DeFrank and Howard Fineman talked to several anonymous Powell sources. DeFrank’s sources were much more assertive in their thinking that Powell would get behind Obama, but Fineman got the same impression from his contacts as well. For all anyone knows, they could be talking to the same people.

If Powell does get behind Obama, it will dominate media cycles for at least two or three days, and will be a stunning symbolic rebuke of the Republican party and its presidential candidate, a man Powell considers a friend to whom he gave $2,300 in August of 2007 when many thought his campaign was finished.

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