Believe it or not, entertainment is part of our American diplomacy, it is part of what makes us exceptional, part of what makes us such a world power. Hundreds of millions of people may never set foot in the United States, but thanks to you, they've experienced a small part of what makes our country special. They've learned something about our values. We have shaped a world culture through you...in a way that has made the world better.

By the end of this decade, a majority of our Navy and Air Force fleets will be based out of the Pacific, because the United States is and always will be a Pacific power.

I was pretty realistic to people about what we could get done, and the situation we were in, and trying to tamp down expectations. If you listen to my stump speeches, if you listen to what I said at Grant Park, I kept on saying, "Look, this is not just about me, this is not going to happen in one year, or one term, or even one presidency." And we tried to layer into everything we were saying a sense of hope, but also realism.

We need scientists to design new fuels. We need farmers to help grow them. We need engineers to invent new technologies. We need entrepreneurs to sell those technologies. We need workers to operate assembly lines that hum with high-tech, zero-carbon components. We need builders to hammer into place the foundations for a clean energy age. We need diplomats and businessmen and women, and Peace Corps volunteers to help developing nations skip past the dirty phase of development and transition to sustainable sources of energy. In other words, we need you.

That is the true genius of America-a faith in simple dreams, an insistence on small miracles.

If it is orderly and lawful, immigration is good for our economy.

The quicker you resolve the problems with banks and there's transparency in that process, the faster they recapitalize and are able to make investments.