US president-elect Obama makes history with victory over McCain

Democrat Barack Obama inscribed his name into American history last night, becoming the country's first black president-elect in a runaway victory over Republican John McCain. Less than an hour after sealing his hold on the White House, Senator Obama and his wife Michelle stepped onto the stage at Chicago's Grant Park, holding the hands of their two daughters at a massive victory rally. "If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer," the next US president said. Senator McCain telephoned Obama to concede, and told his disappointed supporters in Arizona, "The American people have spoken, and spoken clearly." President George W. Bush also called Obama to congratulate him on his historic victory.