It's also wonderful to be back with my great friend and ally, Chancellor [Angela] Merkel. As I reflect back over the last eight years, I could not ask for a steadier or more reliable partner on the world stage, often through some very challenging times.

It is important for us to understand that the way we are perceived in the world is going to make a difference, in terms of our capacity to get cooperation and root out terrorism. And one of the things that I intend to do as president is to restore America's standing in the world.

Unless we are holding ourselves accountable day in, day out, not just when there's a crisis for folks who have power and influence and can hire lobbyists, but for the nurse, the teacher, the police officer, who, frankly, at the end of each month, they've got a little financial crisis going on. They're having to take out extra debt just to make their mortgage payments. We haven't been paying attention to them. And if you look at our tax policies in America, it's a classic example.

True leadership will not be measured by the ability to muzzle dissent, or to intimidate and harass political opponents at home. The people of the world want change. They will not long tolerate those who are on the wrong side of history.

No one is exempt from the call to find common ground.

The most expensive care we can give, we're giving those Americans without insurance. It's kind of stupid that we're fighting the notion that we want to quit paying a hidden tax and be up front about covering people in a way that is cost-effective.

Never read Who Moved My Cheese in the workplace when you can read The Joy of Not Working.