An Associated Press article about President Obama speaking at a June 14 fundraiser in New York omitted key context to portray Obama as having said that the celebrities in attendance are the “ultimate arbiter of which direction this country goes.” In fact, Obama said that the attendees and “the American people” are the “tie-breaker” and the “ultimate arbiter” of the country's direction.

Right-wing blogs and Fox News ran wild with the AP's distortion of Obama's comments.

From the AP article:

President Barack Obama soaked in the support, and the campaign cash, of Manhattan's elite entertainers Thursday as his re-election team sought to fill its fundraising coffers.

The president and first lady Michelle Obama made a rare joint fundraising appearance when they visited the home of actors Sarah Jessica Parker and Matthew Broderick. The intimate dinner banked about $2 million, with 50 people paying $40,000 each.

The dinner was the Obama campaign's latest attempt to bank on celebrities for fundraising help in countering the growing donor enthusiasm from Republicans supporting Mitt Romney's presidential bid.

Speaking in a dimly lighted, art-filled room, Obama told supporters they would play a critical role in an election that would determine a vision for the nation's future.

“You're the tie-breaker,” he said. “You're the ultimate arbiter of which direction this country goes.”

Among the celebrities on hand to hear Obama's remarks were Oscar winner Meryl Streep, fashion designer Michael Kors and Vogue editor Anna Wintour, who moderated a private question-and-answer session between the president and the guests. Broderick, who was starring in a Broadway musical, was absent. [emphasis added]

From the White House website's transcript of the event:

In some ways, this election is more important than 2008 -- because in 2008, as much as I disagreed with Mr. McCain, he believed in climate change. He believed in campaign finance reform. He believed in immigration reform. And now what we have is a Republican nominee and a Republican Party that has moved fundamentally away from what used to be a bipartisan consensus about how you build an economy; that has said our entire agenda is based on cutting taxes even more for people who don't need them and weren't asking for them; slashing our commitment to things like education or science or infrastructure or a basic social safety net for seniors and the disabled and the infirm; that wants to gut regulations for polluters or those who are taking advantage of consumers.

So they've got a very specific theory about how you grow the economy. It's not very different from the one that actually got us into this mess in the first place. And what we're going to have to do is to present very clearly to the American people that choice. Because ultimately you guys and the American people, you're the tie-breaker. You're the ultimate arbiter of which direction this country goes in. Do we go in a direction where we're all in this together and we share in prosperity, or do we believe that everybody is on their own and we'll see how it plays out? [emphasis added]

Fox Nation promoted the AP's distortion, as did Breitbart.com and NewsBusters.

Fox's Megyn Kelly devoted a segment to the distortion on the June 15 edition of America Live: