A Quick Morning After Sum Up

In an age when the word "historic" is vastly overused, this truly deserves the label. Regular readers of this column and blog probably know how we read the election. All through the Democratic contest -- except for a few months when Obama stumbled -- we rated him as the candidate to beat -- far stronger than the pundits (and Hillary) realized. In the general election, we anticipated a close race -- and thought that McCain might even have a slight edge against a candidate so new. But the financial meltdown not only wiped out trillions of dollars, it wiped out McCain's candidacy too.

By the way, the polls largely got it right.