Former Massachusetts Governor and vulture capitalist Mitt Romney conceded the election to Barack Obama, nearly an hour after he irrevocably lost it when Colorado went to the Democratic candidate. Virginia was called for the President by the news media, making it a Romney loss at that point even if Romney had won Ohio and Florida. Romney was clearly behind in both states at the time, and he won neither. I had predicted that Romney would not concede on election night; however Obama’s win was too overwhelming for Romney to successfully implement any plan to block Obama’s clear victory. When Romney conceded, it had been 45 minutes since Fox News had called the election for President Obama.