Is there hope for John McCain? Dick Morris and Eileen McGann believe it is still possible for McCain to win.

Of course, there is still the possibility that unconscious bias will play a role in denying Obama a victory.

In Congress, the Democrats are planning on an Obama victory, and factions inside the party are maneuvering to gain the upper hand in directing the legislative path of the new administration.

An Obama victory would truly be a historic one, but for more reasons than just the fact that he would be the first African-American President. An Obama Administration, coupled with a Congress controlled by Liberal Democrats, would mark a radical sea change in American history. We would head down the path of European-style soft socialism, at least according to this argument by Daniel Henninger of The Wall Street Journal. I wonder, though, if the European analogy is the right one. While I agree with Henninger that the "Progressive" wing of the Democratic Party would like to see us adopt European-style social welfare programs and economic regulation, I also think the American people will reject that path and repudiate the people who try to take us down that path at the next opportunity. I believe Obama understands this, and will soon disappoint the more Liberal members of his party when he governs more from the center.

No matter what happens, I tend to agree with Robert Kagan, who says that America is not in decline, and that Obama and McCain both correctly reject that argument.