Michael Barone - It's Not Necessarily Over

Michael Barone, who probably knows more about the American electorate than anyone, has a piece at Real Clear Politics on the state of the race:

Does Obama have it all locked up? My colleague at Thomas Jefferson Street, Robert Schlesinger, thinks so. And he may very well prove to be right. When we look back over the course of the campaign some time after November 4, we may very well conclude that Barack Obama sprinted to a lead during the two weeks following the coagulation of credit on September 18. Obama's coolness during the financial crisis, combined with John McCain's impulsiveness, convinced many voters that Obama was the safer choice, the story line will go. And Obama's big advantage in television advertising contributed to his advance in target states, as Republican blogger Patrick Ruffini argues. As Robert notes, Obama's current leads in several Bush '04 states means that McCain must change the basic tenor of the campaign in order to win; eking out a narrow margin in one or two states won't do it in the current state of opinion. And no one has a clear idea of how McCain can change the dynamic. So, the argument goes, Obama has this thing locked up.

But maybe not.

Read the rest of it here. McCain still has a tough road ahead, especially if the stock market keeps tanking, but a lot could still happen before Nov. 4.