Obama's "Etch-a-Sketch" Moment: In His Own Words

Our "friends" the Russians don't like our missile defense systems; no, not one bit.  They are especially upset at the systems we seek to place in Europe.  Believing that these systems are "aimed" at them (an interesting trick for a defensive weapon), the Russians have been making noise for years about them.

So at the end of a 90 minute meeting with Soviet Russian President Medvedev, where I imagine the President believed the microphones were no longer hot, we get the following exchange: 

President Obama: On all these issues, but particularly missile defense, this, this can be solved but it’s important for him to give me space.
President Medvedev: Yeah, I understand. I understand your message about space. Space for you…
President Obama: This is my last election. After my election I have more flexibility.
President Medvedev: I understand. I will transmit this information to Vladimir.

In canceling the Bush plan for a "third site" ground based missile defense system in Europe for the protection of the US and its allies, many believed the Obama Administration not only decreased the security of our nation but also made a tactical blunder by not getting anything out of the Russians for the decision (such as support for ending Iran's nuclear program).  Additionally, this conversation with President Medvedev adds to the perception that Mr. Obama's emphasis is re-election, with national security a lesser-included offense.