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Why did Hillary not concede ?

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I heard a commentator on TV this morning give the opinion it seemed as if Hillary, in her speech, was essentially attempting to 'blackmail' Obama into giving her the VP - She only congratulated Obama on the race he had “run” not “won” - I don't think there's any way, Michelle + Hillary + Barack + Bill, add up to a Happy Family - What do you think of Hillary not gracefully conceding the Democratic primary to Barack Obama even after he effectively clinched the nomination ?