President Obama on the 47 percent and who he's fighting for

A killer close to a killer debate:

Complete transcript below the fold.

8:08 AM PT: And meanwhile:

While Republican presidential nominee Mitt Romney prepared for last night's debate at Hofstra University in Hempstead, New York, 28 miles away, his top fundraisers dialed for dollars at New York's Waldorf Astoria Hotel. [...]

There was plenty of leisure to balance their labors. Many stayed at the Waldorf, catching up over a $9 cup of coffee in its Peacock Alley Restaurant or lingering near the two-ton gold clock.