Romney Concedes Defeat; Congratulates Obama

Mitt Romney delivered a powerful call for unity as he conceded defeat to Barack Obama in the presidential election, saying: 'I pray that the President will be successful in guiding our nation.' The failed Republican presidential candidate called for America to 'put the people before politics' and warned, 'At a time like this we can't risk partisan bickering and political posturing.' Broadcast networks called the 2012 election for Barack Obama as he swept the map with wins in the swings states of Ohio, Iowa, Wisconsin, Pennsylvania, New Hampshire and Virginia while Florida still hung in the balance. Obama seemed poised for a resounding electoral college win - despite predictions of one of the tightest finishes in history and the dogged insistence of Romney advisers that they were making gains all over the political battlefield.