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Barack Obama Re-Elected President

President Obama defeated Republican Mitt Romney in the 2012 presidential election.

President Barack Obama and Vice-President Joe Biden were re-elected Tuesday night, defeating Republican challenger Mitt Romney and his vice-presidential running mate Rep. Paul Ryan.

NBC News called the presidential election for Obama around 11:15 EST. The president sent a message on Twitter at 10:14 p.m. EST saying simply, "This happened because of you. Thank you."

The Obama campaign won the most expensive presidential race ever, with both parties raising about $2.6 billion. The race was filled with negative campaigning on both sides, from President Obama attacking Romney’s business experience with Bain Capital to Romney lambasting Obama’s handling of the economy.

The race tightened during the final months of the campaign, with gaffes and surges from both candidates. After a weak performance after the Republican Convention, Romney surged following Obama’s listless performance after the first presidential debate.

Nevertheless, the president cemented a lead in battleground states heading into Tuesday’s election.

Obama handily won California, which also went blue in 2008.

Shripathi Kamath November 08, 2012 at 01:15 AM
Oh, I am very careful. I make far fewer assumptions than you do. Like I do not assume that 'appointing someone' is quite relevant to the fact that 'the appointee acts independently thereafter' But thanks, it is good advice.
Andromeda November 08, 2012 at 01:18 AM
"Neither Obama nor Romney have any real influence or power on Fed monetary policy decisions" hah! How naive can you get? It's one big happy family. To claim the executive office does not have influence over the Fed is ridiculous. Bernanke serves at Obama's pleasure. 'Turbo Timmy' Geithner worked for the NY Fed Reserve before becoming Treasury Secretary and cheating on his taxes. It's one big incestuous bunch. Many of Obama's appointees are ex-Wall Street thugs. It's a revolving door between government and Wall Street. And Obama is the ringmaster. :)
Andromeda November 08, 2012 at 01:23 AM
"The manipulation comes from largely unregulated oil companies who are out to make money, not the POTUS" Standard Oil and Exxon don't print money. The US government does. Currently the gov is buying $40B worth of our own treasuries every month indefinitely. You don't think that dilutes the value of a US dollar? It's not just gas prices that are rising - all commodities are rising in price. Is Exxon controlling the price of health care too? Is Standard Oil causing the price of eggs to rise? Nice try.
Andromeda November 08, 2012 at 01:24 AM
"Yet, as I showed, inflation is at the usual 2-3%" Fail. The CPI doesn't include the cost of food or energy.
Shripathi Kamath November 08, 2012 at 01:32 AM
"Fail. The CPI doesn't include the cost of food or energy." Ah distinction of minutia as a rebuttal! That does not even work as well as your word salad. Know why? Hint: You are including "energy" in the discussion of oil (hmm, energy, oil, oil, energy... maybe they are related) prices. Maybe you'll double down?
Gabrielle Block November 08, 2012 at 02:45 AM
Yes, both sides spent piles of money, and since one side did, the other needed to also. But, I'm not convinced that Romney could have one if his side had raised more money. Basically, the Democrats had a better "ground game" - reaching out to different groups, on the attack for impediments to voting that Republicans in some states kept trying to create. The Republicans relied too much on their old base, which is shrinking as a percentage of the population. And one way or another, they said and did stuff that just turned off too many people.
Andromeda November 08, 2012 at 03:22 AM
I disagree. The democrats specialize in taking stuff from one group and giving it to another. Naturally, the group that gets the free stuff will grow in numbers. And as it grows in numbers it will vote for those who get them the free stuff. This works until the money runs out. And when it does there is going to be a HUGE backlash against the democrat party that won't be able to play Santa Claus anymore.
SS November 08, 2012 at 04:49 AM
This is truly the saddest day! God help us and our children future.
SS November 08, 2012 at 04:53 AM
Gracieunderfire You Are 100 Percent right!
Andromeda November 08, 2012 at 05:24 PM
Those who claim that the price of gas (and most every other product we purchase) is not tied to Obama's quantitative easing (monetizing the debt by printing vast quantities of new fiat currency that feeds the big banks) simply does not understand how economics works. Currently, Obama applauds the printing of $40 billion dollars in fiat currency every single month to mask a failing economy. Again, it is like handing a drunk with stage IV liver disease another bottle of rum to cure his alcoholism. Instead of taking away his liquor - Obama is giving him more "for the cure". hah. It's simple folks. The value of the US dollar impacts the price of oil because crude oil is traded internationally in US dollars – no matter where it is bought and sold, it is always priced in US dollars. When the value of the US dollar falls, the price of oil will rise to reflect the fact that the dollar is worth less. When you dilute the economic system with massive quantities of fiat dollars through quantitative easing (currently $40B a month indefinitely) you are forced to pay more for your bread, gasoline, health care, etc.... Essentially, quanititative easing is a hidden tax that you are forced to pay to mask a failing economy. I hope that helps you understand the problem.
Just Me November 08, 2012 at 05:30 PM
So much hot air from those who lost. Why not try and reach across the aisle and work together to resolve the issues you are showing? As we always told our kids as they were growing up, complaining does nothing but make you look like an idiot or worse. If you're going to whine about something, at least offer a realistic solution that is not solely for your benefit.
Dan Avery November 08, 2012 at 05:33 PM
Um, Just me, That approach actually takes some level of compassion, understanding, and forgiveness. You know, the stuff they tried to teach them in Sunday School. Clearly, judging by their rhetoric, they lack all three.
Andromeda November 08, 2012 at 05:41 PM
I know you folks would rather bury your head in the sand. But what I am describing is VERY REAL. And the fiscal cliff is approaching us. Our great leader will inevitably drop back 10 and punt the ball again instead of figuring out a solution. But he can only punt the ball so many times until reality rears it's ugly head. I know you don't like the truth. Not many do. But somebody has to tell you. All I ask is that you OWN your vote. That's all. A reasonable request.
Just Me November 08, 2012 at 05:58 PM
so why is it that I keep reading that the President (whoever he/she might be) can not dictate law or even introduce bills to congress to address things like this. He can push for policy but not force anything through congress...correct? Wouldn't that make the House (Republican run) equally owning the resolution of this issue? The President can only sign what is given to him after passing through both houses of congress. Not sure why it's just his issue then Andromeda.
Just Me November 08, 2012 at 05:59 PM
Thanks Dan, point well taken :)
Mercury November 08, 2012 at 06:04 PM
As usual, you are completely wrong. Gas went up more under Bush than Obama. (In fact it went from $1.86 to $4.00+ under Bush.) Check the facts. Though your beliefs may prevent you from doing so.
Andromeda November 08, 2012 at 06:20 PM
Mercury, You're wrong. And I can prove it. Click on the 10 year chart. You notice that gas prices first skyrocketed in 2008 since the market was flooded with fiat currency following the economic meltdown. Then the price came down until Obama took over in 2009. Obama implemented his quantitative easing program and, as you can see, the average price of gas has consistently increased under his leadership. This is a direct result of Obama infusing massive quantities of fiat currency into our economic system. Look at the price of groceries. You will see the same increase. Same with healthcare. You are not being told the truth about the rate of increase of inflation - which is nothing more than a hidden tax to mask a failing economy. Sorry, Mercury. You haven't a clue, sir. http://ycharts.com/indicators/gas_price
Andromeda November 08, 2012 at 06:28 PM
"so why is it that I keep reading that the President (whoever he/she might be) can not dictate law or even introduce bills to congress to address things like this" What are you talking about? Obama used his so-called executive power illegally to bomb Libya with American missile and contribute to the assassination of Ghadaffi. He did not even confer with Congress prior to his actions. It was in violation of the War Powers Act of 1973 - the same law that Obama accused George Bush of violating when he went into Iraq. And Obama used his executive powers to give amnesty to millions of illegal migrants just last year. Obama signed the indefinte extension of the Patriot Act. Obama signed NDAA which took due process away from American citziens. Obama extended the George Bush tax cuts for the richest 2%. Obama gave trillions in bailout monies (via direct tax dollar infusions and quantitative easing) to the biggest banks which causes the economic crisis. So to claim that Obama has clean hands is about as naive a statement as I could imagine. Please - accept the truth and stop burying you head.
lifer November 08, 2012 at 06:35 PM
Ok, we'll own it from here on. heh. It seems gas prices are determined by supply and demand. Higher prices generally indicate higher demand because of improving economic conditions. When the world economy tanks, prices go down.
Just Me November 08, 2012 at 06:41 PM
just be a lack of oxygen from being so far above everyone else that's causing this spewing. Can you count the number of times that Bush used "executive privilege" to avoid explanations and responsibilities? How did we get into Iraq anyway... After all of your fun facts, I still don't see anything about the Fiscal cliff you were speaking of earlier. Try and stay on topic, some of us actually enjoy reading what you write (not necessarily agree but do read) but you're all over the freaking place. How can he manipulate this cliff? Can you make a suggestion to fix it? I know, call you're loved Republican House Speaker and give him a few suggestions (Bipartisan please) that could help as well. Or....keep whining, which ever is easier.
Andromeda November 08, 2012 at 06:43 PM
Fail, Lifer The economy was running at peak capacity during the Bush years and look at the 10 years chart. Prices were well below the prices shown during the Obama years with the exception of right after the economic meltdown when infustions of literally $TRILLION$ of dollars were pumped into the economic system. So you're explanation makes no sense, sir. Sorry.
Andromeda November 08, 2012 at 07:05 PM
Just Me, How did I know in advance that your response to my factual comments about Obama would be "Well, George Bush was worse" instead of staying on topic with OBAMA! And then you accuse me of straying off topic??? Hilarious, sir. :) There is only one TRUE solution. Huge cuts in both social services and defense. And a complete revamping of our medical system and does not involve transfering costs from one group to another. Make the consumer responsibile for controlling medical costs. Put the burden of routine medical costs on the consumer so that he must pay attention to how much the doctor charges. Force all health care providers and hospitals to post a price list in their businesses - just like all other businesses must do. Medical insurance should cover catastrophic illness - not routine medical services. And legalize euthanasia so that people can control their own end-of-life decisions instead of getting permission from the state to die. Those are only a few of my solutions. But that should wet your lips.
Just Me November 08, 2012 at 07:34 PM
Sorry, let me draw you a picture. I believe you brought Bush into the conversation... "the same law that Obama accused George Bush of violating when he went into Iraq" Sorry to point out the flaws in your point....again
Just Me November 08, 2012 at 07:38 PM
Sorry...I was a bit quick to respond. After reviewing your thoughts, I must admit, you do have a few that are good starting points. Can I just say, I hope that your Republican leaders suggest similar and that the Dem's open-heartedly listen as well. I truly believe a solution could be had if both sides stop the posturing and actually work for the sake of the country. To much time has been wasted purely for politics.
Andromeda November 08, 2012 at 09:17 PM
Just Me, I am not a republican, sir. No political party owns me. I am free to speak the truth unlike most of you. Both the dems and the republicans whore themselves out to the highest bidder. That's the heart of the problem. And unless you call them out they will ruin your children's future. Good luck.
lifer November 08, 2012 at 09:41 PM
Nay, Ms. Andromeda, The economy was sputtering before the financial meltdown. Peak gas prices happened during the insane Bush years. After the meltdown, you could buy a lot of things cheap, including gas. How about Apple for under $200? Without the QE infusions, you would be writing your responses on a cave wall with a black stick. That's probably what you would prefer as long as everyone else were reduced to the burned out paranoid shell you've become. I already said we will own our vote. Can you never be appeased?
Andromeda November 08, 2012 at 10:42 PM
Miss Lifer, you need to go back and look at the gas price chart I posted. Go to the 10 year chart. GDP under Bush was much higher than under Obama. GDP measures the nation's wealth. Under Obama is has hovered about 1%-2%. Under Bush much higher. GDP reflects economic activity. when GDP is higher - there is more economic production requiring higher levels of energy. Under Bush gas prices were much lower than under Obama - except when the economy started to melt down in 2008 when the government poured trillions of QE and bailouts into the system. So your theory makes no sense. When economic activity was HIGH (under Bush) gas prices should have been HIGH. They weren't. When economic activity was LOW (under Obama) gas prices should have been low. They weren't. You need to stop the 'cave wall' nonsense and read world history. Empires perish due to exhorbitant levels of debt. We are there. It seems that you would rather continue your selfish lifestyle and ignore the peril that you are promoting for future generations. Pure selfishness.
lifer November 09, 2012 at 01:25 AM
Please Harpy! Go look at your beloved chart and you will see US GDP growing except when Bush drove it into the ground and it is currently higher than ever and on a upward trajectory. <a href="http://ycharts.com/indicators/gas_price/chart#series=calc:,type:indicator,id:gas_price,,calc:,type:indicator,id:gdp&maxPoints=650&zoom=10&format=real"><img src="http://media.ycharts.com/charts/3e08fe77a6ccfb9e9dd7b17f2e34655c.png" alt="US Retail Gas Price Chart" /></a><p style="font-size: 10px;"><a href="http://ycharts.com/indicators/gas_price">US Retail Gas Price</a> data by <a href="http://ycharts.com">YCharts</a></p> You might have heard that demand for gas is rising and the dinosaurs have stopped making more. That is going to increase the price no matter who is President. Have you read the history of the Great Depression or the recent history of Japan's long recession and the lesson learned that more government stimulus could have shortened them? Perhaps you should take your shrieking forboding warnings and hair pulling down to the Spectrum mall where you can generously enlighten the masses with your wisdom. Watch for the familar sight of disgust and recoil that you've no doubt already seen many times in the faces of everyone who was ever close to you.
Frieda Wales November 09, 2012 at 02:55 AM
I suggest you see a medical professional.
Andromeda November 09, 2012 at 07:09 AM
Buffoonery. Without Obama's massive deficit spending which has been north of $1 trillion dollars for each year he's been in the White House the nation's GDP would have been -10%. So the economy Obama 'stimulated' was not based on real production. It was based on government spending which has dug the nation into a hole halfway to China. But obviously you don't give a frack about piling unfathomable mountains of debt onto the young and unborn of America and turning them into debt slaves or worse - as long as you live a comfortable life in your plastic fake economy that is built on a lie - while your answer to the young and unborn would undoubtedly be "Let them eat cake". My, my. How the generations change. My parent's generation were more concerned with our well being than their own. I have never witnessed so much avarice, greed, selfishness and self-absorbtion in America than what I see today. Disgusting. Repulsive. Shameful.

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