Libya's future is in hands of the people: Obama

In a statement issued Sunday from Marthas Vineyard, where hes vacationing, Obama said the surest way for the bloodshed to end is for Moammar Gadhafi to relinquish power.The president said, The future of Libya is now in the hands of the Libyan people. The rebels seized control of much of Libyas capital, Tripoli, on Sunday.Obamas statement came after a Sunday evening conference call with his national security team. He promised to work in close coordination with the rebels and said the U.S. will continue to insist that the basic rights of the Libyan people are respected.The White House said Obama was briefed Sunday on the latest developments by counterterrorism adviser John Brennan and heard reports from US teams on the ground in the rebel stronghold of Benghazi.US officials are poised to assist the opposition as the country moves toward democracy, although it wasnt clear Sunday how close such a transition might be.