It's hard from this article to tell whether or not the actual raid took place during or before the State of the Union address. According to MSNBC, the President leaned into Leon Panetta as he came in and told him "Good job tonight."

Whether before or during, the President definitely kept his wits about him as he delivered his address. Here's what happened:

WASHINGTON -- In a daring nighttime raid Tuesday, U.S. Navy SEALs rescued two hostages, including one American, who were being held by kidnappers in Somalia, U.S. officials tell NBC News.
American Jessica Buchanan, 32, and a 60-year-old Dane, Poul Thisted, were working for a Danish relief organization in northern Somalia when they were kidnapped last October. U.S. officials described their kidnappers as heavily armed common criminals with no known ties to any organized militant group.

According to the U.S. officials, two teams of Navy SEALs landed by helicopter near the compound where the two hostages were being held. As the SEALS approached the compound on foot gunfire broke out, the U.S. officials said, and several of the militants were reportedly killed. There is no word that any of the Americans were wounded.

The SEALs gathered up Buchanan and Thisted, loaded them onto the helicopters and flew them to safety at an undisclosed location. The two hostages were not injured during the rescue operation and are reported to be in relatively good condition.

New York Times:

A pirate who gave his name as Bilal Hussein said he had spoken to pirates at the scene of the raid and they reported that nine pirates had been killed. A second pirate who gave his name as Ahmed Hashi said two helicopters attacked at about 2 a.m. at the site where the hostages were being held about 20 kilometers (12 miles) north of the Somali town of Adow.

I really want to hear the clown car candidates talk about what an appeaser he is, and how indecisive he is. A friend reminded me about how hard they tried to paint him as indecisive in 2008. Now they're going to have to work a lot harder on that. In fact, they should just give it up entirely.