That's why I stand here tonight. Because for two hundred and thirty two years, at each moment when that promise was in jeopardy, ordinary men and women - students and soldiers, farmers and teachers, nurses and janitors - found the courage to keep it alive.

I'll remember the view out this window [from Oval Cabinet], because this is where we had our - the playground that we put in when Malia and Sasha came in. Being able every once in awhile to look out the window and see your daughters during the summer, swinging on that swing set, that made the presidency a little bit sweeter.

The Holy Koran tells us, 'O mankind! We have created you male and a female; and we have made you into nations and tribes so that you may know one another.'

Think about it: Iran, Cuba, Venezuela - these countries are tiny compared to the Soviet Union. They don't pose a serious threat to us the way the Soviet Union posed a threat to us.

I started as a community organizer. Every one of my campaigns was premised on getting new people involved. And if there's a theme in my public career it's that if ordinary people get involved then good things happen. So I want to see the Democratic Party move in that direction. And what that means is that we aren't just micro-targeting to eke out presidential victories; it means that we're showing up in places where right now we're not winning a lot.

I wanna thank the German people for the incredible partnership that our countries have been able to establish all these years.

No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.