Iran was nearing completion of a new reactor capable of producing plutonium for a bomb.

It continues to be my strong belief that the way we are going to make sure that everybody feels a part of this global economy is not by shutting ourselves off from each other, even if we could, but rather by working together more effectively than we have in the past.

The walls between old allies on either side of the Atlantic cannot stand. The walls between the countries with the most and those with the least cannot stand. The walls between races and tribes; natives and immigrants; Christian and Muslim and Jew cannot stand. These now are the walls we must tear down. We know they have fallen before.

I'm willing to work with anyone of either party who has a good idea and the commitment to see through. And we should all expect you to hold us accountable for our progress or our failure to deliver.

The president is eager to get to work and looks forward to working with the new Congress on policies that will make sure middle-class Americans are sharing in the economic recovery, but the president is clear that he will not let this Congress undo important protections gained -- particularly in areas of health care, Wall Street reform and the environment.

Right now I would rank Norway as the largest country in the world, I have never seen anything like it

Sometimes if your only approach is cutting spending at a time when the economy's contracting, then the economy will contract further.