Obama thanks supporters; Romney concedes

As President Obama wins a second term, his supporters get the party started, while Mitt Romney concedes defeat.

Republican presidential candidate and former Massachusetts Gov. Mitt Romney waves to supporters during his election night rally, Wednesday, Nov. 7, 2012, in Boston. (AP Photo/David Goldman)

Republican presidential candidate and former Massachusetts Gov. Mitt Romney waves to supporters during his election night rally, Wednesday, Nov. 7, 2012, in Boston. (AP Photo/David Goldman)

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