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Friday Flashback: Obama speaks, Hostess dies, Fiscal Cliff looms




US President Barack Obama speaks during Veterans' Day ceremonies at Arlington National Cemetery November 11, 2012 in Arlington, Virginia.
US President Barack Obama speaks during Veterans' Day ceremonies at Arlington National Cemetery November 11, 2012 in Arlington, Virginia.
BRENDAN SMIALOWSKI/AFP/Getty Images

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A roundup of this week's biggest stories with Jim Rainey, political columnist for the Los Angeles Times, and David Gura, reporter from the Marketplace Washington Bureau.

Topics:

Petraeus/Broadwell/Allen/Kelley affair
Obama's first press conference since reelection
The Fiscal Cliff
Mitt Romney, post-election
Hostess closes amid union strike
The US Postal Service is bleeding
BP fined $4.5 billion for Gulf oil spill