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Handles it well. To big applause, said she thinks it's a shame that Bush won in 2000, and (to laughs) said that she thought somebody else won the election. Adds that though she's running on her own merits, she's proud of her husband's accomplishments. It may be gag-inducing to me as well as most readers of this blog, but the Democratic audience ate it up.

Obama misses an opportunity to exploit the dynasty issue to his advantage, and falls back on his the-problem-is-cynicism crutch. His response largely fell flat.