Fortune Most Powerful Women Summit - Day 2
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OBAMA: NOT ACTING IN LIBYA WOULD'VE BEEN 'BETRAYAL OF WHO WE ARE':

In a nationally-televised speech to the American people last night (March 28th), President Obama sought to explain why he approved acting with another nations to mount attacks on Libyan leader Moammar Gadhafi's forces, while also explaining that broadening the military mission to include regime change, quote, "would be a mistake."

Obama also said that NATO, as promised, would take command of the entire Libyan operation from the U.S. on Wednesday (March 30th)  At the same time, he gave no indication of when or how the conflict might end.

 Obama said that the U.S. and allied nations acted to prevent a promised slaughter by Gadhafi of the opposition forces and those who supported them.   At the same time, Obama pushed back against those who want the U.S. to go even further and act militarily for regime change in Libya. He said we would use other pressures to try to force Gadhafi out, but rejected military efforts towards that goal.

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