As Commander in Chief, I will maintain the strongest military in the world, keep faith with our troops and go after those who would do us harm. But after a decade of war, I think we all recognize we've got to do some nation building here at home, rebuilding our roads, our bridges and especially caring for our Veterans who sacrificed so much for our freedom.

To those of you mourn the loss of a loved one today, my heart goes out to you. We remember that the blessings that we enjoy as Americans came at a dear cost. Our nation owes a debt to its fallen heroes that we cannot ever fully repay. But we can honor their sacrifice, and we must. We must honor it in our own lives by holding their memories close to our hearts, and heeding the example they set.

Immigration is part of the reason why our economy is stronger and better positioned than most of our other competitors, is because we've got a younger population that's more dynamic when it comes to trade.

We believe that big nations should not bully smaller nations, and that the sovereignty of nations must be respected. And we have long urged that disputes be resolved peacefully, including through mechanisms like international arbitration.

I have been blessed by having, and I admittedly am biased, some of the smartest, hardest-working, and good people in my administration that I think any president has ever had.

Part of what's changed in politics is social media and how people are receiving information.

By some estimates, the oil you recently discovered off the shores of Brazil could amount to twice the reserves we have in the United States. We want to work with you. We want to help with technology and support to develop these oil reserves safely, and when you're ready to start selling, we want to be one of your best customers.