President Obama Reacts to Romney Video on 'Late Show with David Letterman'

During his sitdown with David Letterman, the President said Romney shouldn't be "writing off a big chunk of the country"

Mitt Romney's not the only candidate turning heads at campaign fundraisers. On Tuesday, President Barack Obama attended a $40,000-a-plate fundraiser hosted by Jay-Z and Beyonce at their 40/40 Club in New York City. But before Obama sat down for dinner with music's power couple, he sat down for a candid chat on the Late Show with David Letterman.

To break the ice, host David Letterman complimented the President on his fit physique -- and Obama politely returned the praise. "You haven't seen me naked," Letterman quipped.

"We're going to keep it that way!" Obama replied.

After they got the jokes out of the way, the conversation moved to more serious topics -- such as the leaked video where Republican candidate Romney insults 47 percent of the country. "My expectation is that if you want to be President, you have to work for everybody -- not just for some," Obama says. "People understand that you're going to make mistakes on the campaign trail. But I think they want to make sure that you're not writing off a big chunk of the country."


After wrapping up his interview with Letterman, Obama's work was far from over.

Later that evening, he made his way to Beyonce and Jay-Z's A-list fundraiser, where he graciously thanked "J and B" for their longtime support. Obama joked that first lady Michelle Obama and their girls Sasha, 11, and Malia, 14, were "mad at me because they aren't here."

Obama, in fact, singled out his hostess for the impact she's had on his daughters. "Beyonce could not be a better role model for my girls."

To Jay-Z, the President joked about what he believes they have in common: "We both have daughters and our wives are more popular than we are. So, you know, we've got a little bond there. It's hard but it's okay."

Mingling over cocktails with the 400 well-heeled attendees of the fundraiser, Obama said he wanted a "more fair, more just" world.

"Here in America you can make it if you work hard," he said, adding, "I don't want people to be complacent but I don't want people to be discouraged.

Obama was also cautiously optimistic about his re-election chances.

"We've made history in the past and we're going to make history in the next seven weeks."

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