Transcript: President Obama's Nov. 5 news conference on midterm election results  —  President Obama held a news conference Nov. 5 at the White House to discuss the results of the midterm congressional elections .  —  PRESIDENT OBAMA: Good afternoon, everybody.  Have a seat.

The Democrats Have Two Choices Now: Gridlock or Annihilation  —  Well, that could have gone better.  —  Shares  —  A cardinal fact of American politics that has emerged during the Obama years is that demographic forces are slowly and inexorably driving the electorate leftward.

Congratulations, Voters.  You Just Made This Climate Denier the Most Powerful Senator on the Environment.  —  In handing Republicans control of the Senate on Tuesday, Americans effectively voted for the party's hostile plans against President Barack Obama's environmental legacy.

Democrats Didn't Lose Governor's Races Because of a GOP Wave.  They Lost Because of Bad Candidates.  —  I knew Democrat Anthony Brown was in trouble in the race for Maryland governor when every single voter I spoke with Tuesday—including several who voted for Barack Obama …

What really went wrong for Democrats  —  The most common explanation we're hearing for the GOP sweep of a dozen Senate races last night is that an already-treacherous map for Democrats was made a lot worse by the failure of core Dem voter groups to show up.  —  But multiple Democratic …

Wisconsin Three-Peat  —  Why no one can beat Scott Walker.  —  WEST ALLIS, Wisconsin—"First off, I want to thank God."  —  Gov. Scott Walker had just come on stage at the State Fair Exposition Center to give his third victory speech in four years, and the supporters mashed up in front of the stage were totally losing it.

Joe Manchin on election results: ‘This is a real ass-whuppin’  —  Sen. Joe Manchin III (D-W. Va.) did not mince words on Wednesday when asked to describe the historic losses by congressional Democrats.  —  “This is a real ass-whuppin,” he said.  —  Manchin is a moderate first-term senator …

EXCLUSIVE - Navy SEAL who killed bin Laden revealed: Rob O'Neill named as SEAL Team Six hero who shot 9/11 mastermind three times in head - and has already inspired series of Hollywood films  — SEAL Rob O'Neill named ahead of Fox News interview in which he will tell how he killed bin Laden and why he is giving up his anonymity

Personhood movement loses both state initiatives  —  The anti-abortion personhood movement failed key tests Tuesday in North Dakota and Colorado, with voters rejecting amendments to grant the unborn constitutional rights.  —  In North Dakota — a strongly anti-abortion state considered …

Mario Draghi's efforts to save EMU have hit the Berlin Wall  —  If the ECB tries to press ahead with QE, Germany's central bank chief will resign.  If it does not do so, the eurozone will remain stuck in a lowflation trap and Mario Draghi will resign  —  Mario Draghi has finally overplayed his hand.

Dana Milbank: Obama seems numb to this latest ‘shellacking’ of Democrats  —  “I hear you,” President Obama said to the voters who gave Democrats an electoral drubbing in Tuesday's midterm elections.  —  But their message went in one presidential ear and out the other.