Barack Obama Implies Re-Election Victory (Update 1)

Updated from 12:36 p.m. ET with latest polls

NEW YORK ( TheStreet) -- President Obama exhibited some election confidence in conversation with the Russian president.

At a meeting in Seoul, microphones picked up Obama's comment to Russian President Dmitri Medvedev that he would have "more flexibility" after the 2012 election to handle contentious policies such as missile defense , according to ABC News.

Barack Obama

Obama told Medvedev that he would need incoming Russian President Vladimir Putin to give him "space" so that it could be solved.

"This is my last election. After my election I have more flexibility," Obama said at the meeting. "On all these issues, but particularly missile defense, this, this can be solved but it's important for him to give me space."

The American president's remarks come as potential Republican opponents continue to vie for the chance to defeat Obama. Front-runner Mitt Romney has repeatedly said Obama doesn't understand the economy and that he's in the race to defeat the incumbent.

This isn't the first time Obama has insinuated that he will emerge victorious after November's presidential election. In February, the president said he had five more years to enact comprehensive immigration reform, according to an interview he had with Spanish-language network Univision.

General election polls that have pitted Romney against Obama show the president with a 5.3 percentage-point lead among an average of surveys taken , according to RealClearPolitics.com.

The latest poll released Monday by Suffolk University reported Obama up by 10 percentage points.

-- Written by Joe Deaux in New York.

>Contact by Email.

>Follow Joe Deaux on Twitter. Subscribe on Facebook.

If you liked this article you might like

Monster Beverage Stock Soars as Coca-Cola Opens Refreshing Partnership

Gold Pares Losses as Ukraine Says Its Troops Attack Russian Convoy

Cisco Stock Biggest Dow Loser as Company Cuts 6,000 Jobs

Gold Demand Slumps as Increasing Prices Slow Asian Demand

Gold Demand Shrinks a Year After the Infamous Market Collapse