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

When this crisis began, crucial decisions about what would happen to some of the world's biggest companies - companies employing tens of thousands of people and holding trillions of dollars in assets - took place in hurried discussions in the middle of the night. We should not be forced to choose between allowing a company to fall into a rapid and chaotic dissolution or forcing taxpayers to foot the bill.

The best judge of whether or not a country is going to develop is how it treats its women. If it's educating its girls, if women have equal rights, that country is going to move forward. But if women are oppressed and abused and illiterate, then they're going to fall behind.

To young people: you have to stay encouraged.

The day I'm inaugurated, this country looks at itself differently and the world looks at America differently. If you believe that we've got to heal America and we've got to repair our standing in the world, then I think my supporters believe that I am a messenger who can deliver that message around the world in a way that no other candidate can do.

So Americans understand the costs of war. Yet as a country, we will never tolerate our security being threatened, nor stand idly by when our people have been killed. We will be relentless in defense of our citizens and our friends and allies. We will be true to the values that make us who we are.

We do not believe that in this country, freedom is reserved for the lucky, or happiness for the few.