In an historic election, Barack Obama has become the forty-fourth president of the United States. The first-term senator from Illinois easily defeated John McCain on Tuesday, winning a larger share of the popular vote than any Democrat since Lyndon Johnson in 1964. Record voter turnout was reported across the country. As election results began pouring in last night, thousands of Obama supporters gathered in the streets from Los Angeles to Kenya, the birthplace of Obama’s father. We play an excerpt of Obama’s victory speech in Chicago, where hundreds of thousands of people packed in Grant Park and the surrounding neighborhood to hear his address. [includes rush transcript]