Obama thanks supporters; Romney concedes

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

President Barack Obama smiles after delivering his victory speech to supporters gathered in Chicago early Wednesday Nov. 7 2012. (AP Photo/Jerome Delay)

President Barack Obama smiles after delivering his victory speech to supporters gathered in Chicago early Wednesday Nov. 7 2012. (AP Photo/Jerome Delay)

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