Barack Obama Calls Kanye West a "JACKASS"

Obama was recorded talking about the Kanye West incident in an "off-the-record" conversation. So really this is not ethically right to put out....but they did! and I GOTTA LET YOU HEAR IT! =D

ABC News senior vice president Jeffrey Schneider said that the organization had reached out to the White House and CNBC in a series of telephone calls.

"It was a mistake. It's certainly one that we regret. We certainly made that very clear to CNBC and the White House," he said.