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McCain Concedes Defeat; Magnificent, Gracious Speech Marred By Jeers From Republican Crowd

3.35pm AEDT – 11.35pm US Eastern – John McCain has conceded defeat in the US presidential election.

In a magnificently gracious speech, the Arizona senator reached heights of compelling emotion not seen in his ragged campaign performances.

The speech was marred by frequent jeers from the Republican crowd at the mention of Obama’s name. McCain rose beyond this bigotry and boorishness in one of the great concession speeches. [Read more…]