[kristinn]

Surprise! Dan Lothian of CNN gets the second question. Asks about GOP prez debate question on water boarding, quotes Herman Cain supporting water boarding.

Obama says it is torture, blah, blah. A short answer from him.

Next question from CBS' Norah O'Donnell on GOP debate, Mitt Romney saying Iran will have nuclear weapon if Obama reelected. Obama says he will not respond to candidates until GOP nominee selected. Goes back to first question and response.

[kristinn]

Next question on Obama saying China needs to "play by the rules."