Barack Obama has been reelected for a second term with another four years as President of the United States of America. After winning in Ohio, Obama was sure of his victory over Mitt Romney. Here's a video of how it was shown on American TV and of his victory speech at Chiacgo last night.
Video Obama's 2012 election victory on ABC News:
 Video Obama's Victory Speech 2012:
The following is a transcript of President Obama's reelection speech.
"Thank you.  Thank you.  Thank you so much.
Tonight, more than 200 years after a former colony won the right to determine  its own destiny, the task of perfecting our union moves forward.
It moves forward because of you.  It moves forward because you  reaffirmed the spirit that has triumphed over war and depression, the spirit  that has lifted this country from the depths of despair to the great heights of  hope, the belief that while each of us will pursue our own individual dreams, we  are an American family and we rise or fall together as one nation and as one  people.
Tonight, in this election, you, the American people, reminded us that while  our road has been hard, while our journey has been long, we have picked  ourselves up, we have fought our way back, and we know in our hearts that for  the United States of America the best is yet to come.
I want to thank every American who participated in this election ... whether  you voted for the very first time or waited in line for a very long time.
By the way, we have to fix that. Whether you pounded the pavement or picked  up the phone...
... whether you held an Obama sign or a Romney sign, you made your voice  heard and you made a difference.
I just spoke with Governor Romney and I congratulated him and Paul Ryan on a  hard-fought campaign.
We may have battled fiercely, but it's only because we love this country  deeply and we care so strongly about its future.
From George to Lenore to their son Mitt, the Romney family has chosen to give  back to America through public service and that is the legacy that we honor and  applaud tonight.
In the weeks ahead, I also look forward to sitting down with Governor Romney  to talk about where we can work together to move this country forward.
I want to thank my friend and partner of the last four years, America's happy  warrior, the best vice president anybody could ever hope for, Joe Biden.
And I wouldn't be the man I am today without the woman who agreed to marry me  20 years ago.
Let me say this publicly:  Michelle, I have never loved you more. I have  never been prouder to watch the rest of America fall in love with you, too, as  our nation's first lady.
Sasha and Malia, before our very eyes you're going up to become two strong,  smart beautiful young women, just like your mom.
And I'm so proud of you guys.  But I will say that for now one dog's  probably enough.
To the best campaign team and volunteers in the history of politics...
The best.  The best ever.  Some of you were new this time around,  and some of you have been at my side since the very beginning.
But all of you are family.  No matter what you do or where you go from  here, you will carry the memory of the history we made together and you will  have the life-long appreciation of a grateful president. Thank you for believing  all the way, through
every hill, through every valley.
You lifted me up the whole way and I will always be grateful for everything  that you've done and all the incredible work that you put in.
 I know that political campaigns can sometimes seem small, even silly.   And that provides plenty of fodder for the cynics that tell us that  politics is nothing more than a contest of egos or the domain of special  interests.  But if you ever get the chance to talk to folks who turned out  at our rallies and crowded along a rope line in a high school gym, or saw folks  working late in a campaign office in some tiny county far away from home, you'll  discover something else.
You'll hear the determination in the voice of a young field organizer who's  working his way through college and wants to make sure every child has that same  opportunity.
You'll hear the pride in the voice of a volunteer who's going door to door  because her brother was finally hired when the local auto plant added another  shift.
You'll hear the deep patriotism in the voice of a military spouse whose  working the phones late at night to make sure that no one who fights for this  country ever has to fight for a job or a roof over their head when they come  home.
That's why we do this.  That's what politics can be.
That's why elections matter.  It's not small, it's big.  It's  important. Democracy in a nation of 300 million can be noisy and messy and  complicated.  We have our own opinions.  Each of us has deeply held  beliefs.  And when we go through tough times, when we make big decisions as  a country, it necessarily stirs passions, stirs up controversy.
That won't change after tonight, and it shouldn't.  These arguments we  have are a mark of our liberty.  We can never forget that as we speak  people in distant nations are risking their lives right now just for a chance to  argue about the issues that matter, the chance to cast their ballots like we did  today.
But despite all our differences, most of us share certain hopes for America's  future.  We want our kids to grow up in a country where they have access to  the best schools and the best teachers.
A country that lives up to its legacy as the global leader in technology and  discovery and innovation, with all the good jobs and new businesses that  follow.
We want our children to live in an America that isn't burdened by debt, that  isn't weakened by inequality, that isn't threatened by the destructive power of  a warming planet.
We want to pass on a country that's safe and respected and admired around the  world, a nation that is defended by the strongest military on earth and the best  troops this -- this world has ever known.
But also a country that moves with confidence beyond this time of war, to  shape a peace that is built on the promise of freedom and dignity for every  human being.  We believe in a generous America, in a compassionate America,  in a tolerant America, open to the dreams of an immigrant's daughter who studies  in our schools and pledges to our flag.
To the young boy on the south side of Chicago who sees a life beyond the  nearest street corner.
To the furniture worker's child in North Carolina who wants to become a  doctor or a scientist, an engineer or an entrepreneur, a diplomat or even a  president -- that's the future we hope for.  That's the vision we share.   That's where we need to go -- forward.
That's where we need to go.
Now, we will disagree, sometimes fiercely, about how to get there.  As  it has for more than two centuries, progress will come in fits and starts.   It's not always a straight line.  It's not always a smooth path.
By itself, the recognition that we have common hopes and dreams won't end all  the gridlock or solve all our problems or substitute for the painstaking work of  building consensus and making the difficult compromises needed to move this  country forward.  But that common bond is where we must begin.
Our economy is recovering.  A decade of war is ending.  A long  campaign is now over.
And whether I earned your vote or not, I have listened to you, I have learned  from you, and you've made me a better president.  And with your stories and  your struggles, I return to the White House more determined and more inspired  than ever about the work there is to do and the future that lies ahead.
Tonight you voted for action, not politics as usual.
You elected us to focus on your jobs, not ours.  And in the coming weeks  and months, I am looking forward to reaching out and working with leaders of  both parties to meet the challenges we can only solve together.  Reducing  our deficit.  Reforming our tax code. Fixing our immigration system.   Freeing ourselves from foreign oil. We've got more work to do.
But that doesn't mean your work is done.  The role of citizen in our  democracy does not end with your vote. America's never been about what can be  done for us.  It's about what can be done by us together through the hard  and frustrating, but necessary work of self- government.  That's the  principle we were founded on.
This country has more wealth than any nation, but that's not what makes us  rich.  We have the most powerful military in history, but that's not what  makes us strong.  Our university, our culture are all the envy of the  world, but that's not what
keeps the world coming to our shores.
What makes America exceptional are the bonds that hold together the most  diverse nation on earth.
The belief that our destiny is shared; that this country only works when we  accept certain obligations to one another and to future generations.  The  freedom which so many Americans have fought for and died for come with  responsibilities as well as rights.
And among those are love and charity and duty and patriotism.  That's  what makes America great.
I am hopeful tonight because I've seen the spirit at work in America.   I've seen it in the family business whose owners would rather cut their  own pay than lay off their neighbors, and in the workers who would rather cut  back their hours than see a friend lose a job.
I've seen it in the soldiers who reenlist after losing a limb and in those  SEALs who charged up the stairs into darkness and danger because they knew there  was a buddy behind them watching their back.
I've seen it on the shores of New Jersey and New York, where leaders   from every party and level of government have swept aside their  differences to help a community rebuild from the wreckage of a terrible  storm.
And I saw just the other day, in Mentor, Ohio, where a father told the story  of his 8-year-old daughter, whose long battle with leukemia nearly cost their  family everything had it not been for health care reform passing just a few  months before the insurance company was about to stop paying for her care.
I had an opportunity to not just talk to the father, but meet this incredible  daughter of his.  And when he spoke to the crowd listening to that father's  story, every parent in that room had tears in their eyes, because we knew that  little girl could be our own.
And I know that every American wants her future to be just as bright.   That's who we are.  That's the country I'm so proud to lead as your  president.
And tonight, despite all the hardship we've been through, despite all the  frustrations of Washington, I've never been more hopeful about our future.
I have never been more hopeful about America.  And I ask you to sustain  that hope.  I'm not talking about blind optimism, the kind of hope that  just ignores the enormity of the tasks ahead or the roadblocks that stand in our  path.  I'm not talking about the wishful idealism that allows us to just  sit on the sidelines or shirk from a fight.
I have always believed that hope is that stubborn thing inside us that  insists, despite all the evidence to the contrary, that something better awaits  us so long as we have the courage to keep reaching, to keep working, to keep  fighting.
America, I believe we can build on the progress we've made and continue to  fight for new jobs and new opportunity and new security for the middle class.   I believe we can keep the promise of our founders, the idea that if you're  willing to work hard, it doesn't matter who you are or where you come from or  what you look like or where you love.  It doesn't matter whether you're  black or white or Hispanic or Asian or Native American or young or old or rich  or poor, able, disabled, gay or straight, you can make it here in America if  you're willing to try.
I believe we can seize this future together because we are not as divided as  our politics suggests.  We're not as cynical as the pundits believe.   We are greater than the sum of our individual ambitions, and we remain  more than a collection of red states and blue states.  We are and forever  will be the United States of America.
And together with your help and God's grace we will continue our journey  forward and remind the world just why it is that we live in the greatest nation  on Earth.
Thank you, America.  God bless you.  God bless these United  States."