I've got a pen, and I've got a phone, and I can use that pen to sign executive orders and take executive action. I've got a pen to talk executive actions where congress won't. Where congress isn't acting, I'll act on my own. I have got a pen and I got a phone. And that is all I need.

We do not consider ourselves a Christian nation.

My task over the last two years hasn't just been to stop the bleeding. My task has also been to try to figure out how do we address some of the structural problems in the economy that have prevented more Googles from being created.

Here at home, we will strengthen our defenses but not succumb to a siege mentality that sacrifices the open society and liberties and values that we cherish as Americans, because great and proud nations don't hunker down and hide behind walls of suspicion and mistrust.

Perfect is unattainable. Better is possible.

But today, just a few years into the twenty-first century, we already find ourselves in a different and precarious position. As revolutions in communications and technology have broken down barriers across the world, it has given more power to both our competitors and our enemies.

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.