In this image released Wednesday, Dec. 19, 2012, in New York by Time Inc., President Barack Obama is Time Magazine's Person of the Year. The selection was announced Wednesday on NBC's "Today" show. (AP Photo/Time Magazine)

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In this image released Wednesday, Dec. 19, 2012, in New York by Time Inc., President Barack Obama is Time Magazine's Person of the Year. The selection was announced Wednesday on NBC's "Today" show. (AP Photo/Time Magazine)