President Obama addressed some 250 gay and lesbian activists from around the country at a ceremony in the East Room of the White House today, telling them that “by the time this administration is over, I think you guys will have pretty good feelings about the Obama administration.”

Among those from the industry there were Wilson Cruz, Chad Griffin and Skip Paul, as well Los Angeles-based philanthropist David Bohnett, the Brunswick Group’s Hilary Rosen and new GLAAD president Jarrett Barrios.

The event was to mark the 40th anniversary of the Stonewall riots, but Obama has been criticized for not taking bolder steps on don’t ask and for his administration’s issuance of a legal brief defending the defense of marriage act.

Obama said, “We have made progress and we will make more.  And I
want you to know that I expect and hope to be judged not by words, not
by promises I’ve made, but by the promises that my administration

The full transcript — including Obama’s interruption by a duck-sound ringtone — is here.