Should President Obama revoke the medal of freedom from Bill Cosby despite there being no precedent to do so?

During a press conference yesterday, President Obama was asked whether he would revoke the medal of freedom from Bill Cosby. Cosby admitted in a 2005 prescription to giving a powerful sedative to women he wanted to have sex with. But, he has never been charged for the many sexual allegations made against him. Obama replied that “there’s no precedent for revoking a medal. We don’t have that mechanism.” He continued, “I’ll say this, if you give, or a man for that matter, without his or her knowledge, a drug. And then have sex with that person without consent, that’s rape. And, I think this country, any civilized country, should have no tolerance for rape.” There are currently petitions calling for the revoking of Bill Cosby’s medal and people such as executive director of the victims group PAVE, Angela Rose, have stepped forward to call for the award to be taken away. Do you think that President Obama should revoke the medal from Bill Cosby?