LAT Banner: OBAMA WINS!

CHICAGO -- Barack Obama, the son of a father from Kenya and a white mother from Kansas, was elected the nation's 44th president Tuesday, breaking the ultimate racial barrier to become the first African American to claim the country's highest office.

A nation founded by slave owners and seared by civil war and generations of racial strife delivered a smashing electoral college victory to the 47-year-old first-term senator from Illinois, who forged a broad, multiracial, multiethnic coalition. His victory was a leap in the march toward equality: When Obama was born, people with his skin color could not even vote in parts of America, and many were killed for trying.

"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," Obama told more than 240,000 celebrants gathered along Chicago's waterfront. Many had tears streaking their faces.