President Barack Obama, earlier this morning, has been named, Time Magazine’s Person of the Year 2012. The prestigious title for the 51-year old President-elect, was named for

 “(for) finding and forging a new majority, for turning weakness into opportunity and for seeking, amid great adversity, to create a more perfect union.”

President Obama will take the oath on Jan. 2oth as the first Democrat in more than 75 years to get a majority of the popular vote TWICE. Only five other Presidents have done that in U.S. history,” the magazine added about the President, who was previously named Person of the Year in 2008.