One of the great things about being commander in chief is getting to know our men and women in uniform in a very intimate way, whether it's visiting Walter Reed and seeing our wounded soldiers, or being on a base and talking to families, or interacting with them on missions. They're the best of the best: always thinking about the mission, not thinking about credit, not thinking about who's up front.

As I travel around the world, it's fascinating; European leaders, Asian leaders, they all say to me, America is actually poised to be the world leader for another century - if we can fix some of this political dysfunction. ... We've got a lot of national security challenges, but if we get our economy together, and if we can get our political system to work well, I am really confident about our future.

In order to make the tough decisions we have to know what our values are and who we're fighting for and our priorities and if we are spending $300 billion on tax cuts for people who don't need them and weren't even asking for them, and we are leaving out health care which is crushing on people all across the country, then I think we have made a bad decision and I want to make sure we're not shortchanging our long term priorities.

Later, I would realize that the position of most black students in predominantly white colleges was already too tenuous, our identities too scrambled, to admit to ourselves that our black pride remained incomplete. And to admit our doubt and confusion to whites, to open up our psyches to general examination by those who had caused so much of the damage in the first place, seemed ludicrous, itself an expression of self-hatred - for there seemed no reason to expect that whites would look at our private struggles as a mirror into their own souls, rather than yet more evidence of black pathology.

I would not be running for President if I didn't believe with all my heart that this is what the vast majority of Americans want for this country. This union may never be perfect, but generation after generation has shown that it can always be perfected. And today, whenever I find myself feeling doubtful or cynical about this possibility, what gives me the most hope is the next generation - the young people whose attitudes and beliefs and openness to change have already made history in this election.

Obviously, if Congress wants to talk about anything, we're happy to provide information. We're committed to moving forward under the current act.

That is the story of our history - whether it's the pursuit of prosperity for our people or the struggle for equality for all of our citizens, our commitment to stand up for our values abroad, and our sacrifices to make the world a safer place. Let us remember that we can do these things not just because of wealth or power, but because of who we are. One nation under God, indivisible, with liberty and justice for all.