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From People:

"I was straight up crying," he confesses. "I was with my kids. It was a beautiful thing. I just thank God my prayers were answered." ...

"I don't know why God blessed me by having my birthday [on Nov. 4], but we're here to celebrate 80 percent of Obama being elected and 20 percent my birthday," Diddy told reporters Wednesday night at a celebration sponsored by Ciroc Vodka at Mansion nightclub in New York.