If there's even one thing we can do - even one life we can save - we have an obligation to try

When I think about what I'm going through, as President, it doesn't compare to what the folks that I'm representing are going through. They're losing jobs. They're trying to figure out how to pay their medical bills. They've seen retirements suddenly dissipate because of what's happening in the stock market. And so as tough as the job might be, and the politics of Washington can sometimes be I'm always reminded of how fortunate I am to be here, and what an extraordinary responsibility I have to try to deliver on some of the promises that I made during the election.

Now, at times this issue has tended to degenerate into an 'either-or' type of debate. Either we protect our people from terror or we protect our most cherished principles. But that is a false choice. It asks too little of us and assumes too little about America.

What I consistently say to young people - I say it in the United States, but I'll say it here in Germany and across Europe: Do not take for granted our systems of government and our way of life. I think there is a tendency, because we have lived in an era that has been largely stable and peaceful, at least in advanced countries, where living standards have generally gone up, there is a tendency I think to assume that that's always the case.

If you've got a business - you didn't build that.

If you think that running your economy into the ground and having to send troops in in order to prop up your only ally is leadership, then we've got a different definition of leadership.

When we were working on immigration reform and there was a young Latino man, young immigration activist here who, in the Roosevelt Room, refused to shake my hand.He made a point of saying, "I can't shake your hand; you're deporting too many people." And I just said to him, "Young man, I'm glad that you feel so passionately about this issue, but you're with the president right now in the White House. You've got to think about what's going to be most effective in getting what you need, what you're trying to accomplish. Because this may not be your best strategy."