BRYAN PRESTON: Liveblogging President Obama’s Reaction to the Democrats’ Epic Mid-Term Destruction. “The president’s remarks are expected at 2:50 PM Eastern, according to the White House schedule. But he’s usually late to these things. He may be extra late today.”

UPDATE: Good God, Obama is still talking. . . . “He’s setting up a constitutional showdown. It’s going to be an interesting two years.”

ANOTHER UPDATE: Blackmail Is The Official White House Policy. “At his press conference, Obama has repeatedly stated his intention to impose an executive amnesty if Congress doesn’t do his bidding on immigration, and generously offers to roll back his prospective action, once it’s in effect, when Congress does his bidding on immigration.”

So what do you do to blackmailers? Related: 2006 Obama Has Some Advice For 2014 Obama.