Bob Rae is the ONLY credible candidate with charisma.
That counts for a lot in my book. All the best policies in the world won't get you a seat in the House without some charisma to attract some voters. Facile and shallow it is, but that's reality.
Dion's biggest failing was charisma. Harper is also very weak on charisma (as is Iggy).
Gordon Brown's troubles in Britain are all about charisma - Blair had some, Brown doesn't.
Secondly, I don't think the Liberals need to worry about the 'fiscal' issue at all. The Liberal party has SOLID and IMPRESSIVE credentials on the fiscal side. Two years from now after a serious recession that we are entering, the Conservatives are going to look VERY vulnerable after blowing the massive $13 billion fiscal surplus they inherited from the fiscally responsible Liberals.
This is not an issue that the Conservatives are going to be able to leverage against anyone - they are going to be on the defensive over their deficits at that time. Fact is, it looks like the Conservatives have already blown the whole surplus and are dangerously tipping into deficit territory right now - even before the recession hits full force here. Recessions tend to make deficits much worse than planned...