I can say across Europe that many principles that have been taken for granted here around free speech, and around civil liberties and an independent judiciary, and fighting corruption, those are principles that, you know, not perfectly but generally, we have tried to apply not just in our own country but also with respect to our foreign policy.

If you like your health care plan, you can keep your health care plan.

Just like I described in health care, yeah, somebody comes in, they got new ideas, maybe ideas that are completely opposite of my ideas. Maybe some of it goes, maybe some of that progress goes back. Maybe they think of some things we didn't think of, and so in some other areas - we can learn something.

Inequality also distorts our democracy. It gives an outsized voice to the few who can afford high-priced lobbyists and unlimited campaign contributions, and runs the risk of selling out our democracy to the highest bidder. And it leaves everyone else rightly suspicious that the system in Washington is rigged against them - that our elected representatives aren't looking out for the interests of most Americans.

I do believe that Chancellor Merkel and Germany are a lynchpin in protecting the basic tenets of a liberal, market-based democratic order that has created unprecedented prosperity and security for Europe, but also for the world.

If you work hard. And are responsible. You should be rewarded.

The bottom line is that it's hard to find a model in which you can practically administer and sustain political support for those kinds of efforts. And what makes America complicated as well is the degree to which this is not just a black/white society, and it is becoming less so every year.