Tonight, more Americans are out of work and more are working harder for less. More of you have lost your homes and even more are watching your home values plummet. More of you have cars you can't afford to drive, credit card bills you can't afford to pay, and tuition that's beyond your reach.

As soon as the recovery is well under way, we need to set up a long-term plan to reduce the structural deficit and make sure we are not leaving a mountain of debt for the next generation.

Torture is how you create enemies, not how you defeat them.

That is the nature of democracy. It is hard. It is not always inspiring.

Nothing can stand in the way of the power of millions of voices calling for change.

Yes, our greatness as a nation has depended on individual initiative, on a belief in the free market. But it has also depended on our sense of mutual regard for each other, of mutual responsibility. The idea that everybody has a stake in the country, that we're all in it together and everybody's got a shot at opportunity. Americans know this. We know that government can't solve all our problems - and we don't want it to. But we also know that there are some things we can't do on our own. We know that there are some things we do better together.

We do want people to know if in fact we learn of an incident that's focused on a particular city.If we learn of long-term planning, that's focused on a particular industry or infrastructure. And so we feel we have an obligation to let people know if we have information of a credible threat or not.