Obama thanks supporters; Romney concedes

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

People watch early election results displayed on a utility lift suspended from the front of the GE Building at Rockefeller Center New York, Tuesday, Nov. 6, 2012. (AP Photo/Craig Ruttle)

People watch early election results displayed on a utility lift suspended from the front of the GE Building at Rockefeller Center New York, Tuesday, Nov. 6, 2012. (AP Photo/Craig Ruttle)

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