President Obama's Not Joking About Romney During Letterman Visit

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Going forward, Romney indicated, "you move things along the best way you can. You hope for some degree of stability, but you recognize that this is going to remain an unsolved problem, and we kick the ball down the field and hope that ultimately, somehow, something will happen and resolve it."

Early today, the campaign attempted to square the comment with their stated goal of establishing a two-state peace.

"There is this one obvious truth: Peace will not be possible if the extreme elements of the Palestinian side refuse to come to the table for talks or to recognize Israel's right to exist," spokeswoman Andrea Saul said in statement. "A possible unity government between Hamas - a terrorist organization - in Gaza and Fatah in the West Bank would squelch the prospect for peace. Gov. Romney believes that the path to a two-state solution is to ensure the security of Israel and not to throw up any more barriers to the two sides engaging in direct negotiations."

The campaign has not responded to questions about a joke Romney told, during the May fundraiser, about his father's time growing up with U.S. expatriate parents in Mexico.

"Had he been born of Mexican parents," the candidate quips, lamenting his trouble with "Hispanic" voters, "I'd have a better shot of winning this."

Then: "If the Hispanic voting bloc becomes as committed to the Democrats as the African-American voting bloc has in the past, why, we're in trouble as a party and, I think, as a nation."

When asked what supporters in the room can do to help get him over these assorted obstacles, Romney says, "Frankly, what I need you to do is to raise millions of dollars."

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