Bill dishes the dirt on the president’s lunch with Mitt Romney

Bill Press has some wishes for what went down during President Obama’s lunch with Mitt Romney. Bill hopes that the president rubbed his victory in, especially given that Romney kept saying Obama was a one-term president. Bill says, “Guess what, Mittens baby?! You were dead wrong.” Observing that the president’s margin of victory keeps growing and Romney’s numbers have shrunk to 47 percent, Bill says, “Romney is now part of the 47 percent he complained about — serves him right.”

Watch 'Full Court Press' weekday mornings at 6E/3P on Current TV.

Republicans are denouncing Mitt Romney’s comment to donors that Obama won voters over with “gifts,” but it doesn’t mean politicians are 100% on the president’s side. Rep. Bernie Sanders joins Cenk Uygur tonight to talk about congressional reactions to the looming “fiscal cliff.”

Watch the Young Turks TONIGHT at 7E/4P (that’s in 15 minutes!) on Current TV.

We made word clouds of the candidates’ respective victory and concession speeches from Tuesday night. (Click to enlarge.)

On tonight’s ‘The Young Turks’, Cenk Uygur will talk about why he’s worried Obama will slip back into old (conservative) habits in his second term. Tune in at 7P/4E to find out what he’s most concerned about (Grand Bargain, anyone?).

Bill rejoices over President Obama’s victory

"Full Court Press" host Bill Press says Obama’s victory is exciting, but not entirely unexpected: "Republicans got stuck with Mitt Romney, a lousy candidate with nothing to run on except that he was not Barack Obama and that he would repeal everything that Barack Obama had accomplished," Press said.

Watch “Full Court Press with Bill Press” on Current TV weekday mornings at 6E/3P. Find Current on your TV.

Electoral College Vote Count to 270

More analysis on Current TV live Wednesday night starting at 6E/3P.

Current electoral standings: Obama 123, Romney 153

But don’t start stress-drinking just yet - the West Coast polls haven’t closed yet, and states like California have tons of electoral votes. Tweet your feelings with #Current2012 and see voter reactions and live electoral counts on our Social Dashboard.

Don’t reward bad behavior.

It is one of the first rules of parenting. During the financial cataclysm of 2008 we said it differently, calling a bailout to banks that had created their own misfortune a “moral hazard” — so-called because the bailout absolved the bank’s bad acts and created an incentive once again to make the same bad loans that created the crisis in the first place.

We are now seeing the political equivalent: Editorial boards and columnists reward the bad behavior and negotiating tactics that created the political stalemate between the White House and Congress that has caused the public’s loss of respect for our political structure.

How and where? Read some of the editorials and columnists endorsing Romney. The common thread is that Romney will be able to work with the Republican Congress — he has shown the political facility to shift views, suggesting that he will be amenable to the sort of negotiations that can produce deals.

Let me reinterpret this: The Republican leadership who, as a cheap ploy, held the nation hostage on everything from the debt ceiling to meaningful jobs bills are being rewarded, and the politician — Mitt Romney — who by his own campaign’s admissions has been devoid of constancy on major ethical and fiscal issues, is being applauded for lacking principle.

Eliot Spitzer: A do-nothing Congress has convinced some newspapers that Romney’s their guy

Watch the whole video here, and catch ‘Viewpoint with Eliot Spitzer' weeknights at 8E/5P on Current TV. Eliot will be one of the hosts anchoring our Election Day coverage beginning at 6E/3P.

Despite Republicans’ continued attacks on women’s reproductive rights, polls show that Mitt Romney has somehow managed to catch up with President Barack Obama among women voters.

To show you what our hosts and their guests have to say about contraception, equal pay and other issues affecting women this election, we’ve rounded them up for you here.

How dishonest is the Romney campaign’s new TV ad on Chrysler and Jeep? Democratic strategist Robert Zimmerman, Republican strategist Michael Maslansky and CBS Sunday Morning contributor Nancy Giles join Joy Behar: Say Anything to discuss the controversial new attack ad: http://bit.ly/SA6l1L

How dishonest is the Romney campaign’s new TV ad on Chrysler and Jeep? Democratic strategist Robert Zimmerman, Republican strategist Michael Maslansky and CBS Sunday Morning contributor Nancy Giles join Joy Behar: Say Anything to discuss the controversial new attack ad: http://bit.ly/SA6l1L

At a press conference in Toledo, Bob King, President of the United Automobile Workers, will announce that his union and Citizens for Responsibility and Ethics in Washington (CREW) have filed a formal complaint with the US Office of Government Ethics in Washington stating that Gov. Romney improperly hid a profit of $15.3 million to $115.0 million in Ann Romney’s so-called “blind” trust.

The union chief says, “The American people have a right to know about Gov. Romney’s potential conflicts of interest, such as the profits his family made from the auto rescue,” “It’s time for Gov. Romney to disclose or divest.”

“While Romney was opposing the rescue of one of the nation’s most important manufacturing sectors, he was building his fortunes with his Delphi investor group, making his fortunes off the misfortunes of others,” King added.

See more: How Mitt and Ann Romney made up to $115 million on the auto bailout (video)