President Obama announces reelection bid

President Barack Obama launched his reelection bid this morning. The announcement was made via a web video that was posted to the President's campaign website and through an email sent to supporters.

The news made headlines across the blogosphere:

• Politico: Obama kicks of reelection campaign with video
• The Washington Post: President Obama announces 2012 reelection bid
• The New York Times: Obama begins re-election facing new political challenges
• BBC News: Barack Obama announces re-election bid
• USA Today: Obama begins 2012 run with challenges, advantages