Let me tell you another place to look for some savings. We are currently spending $10 billion a month in Iraq when they have a $79 billion surplus. It seems to me that if we're going to be strong at home as well as strong abroad, that we have to look at bringing that war to a close.

Building on our Young South-east Asian Leaders Initiative, I'm hopeful that we can continue expand the ties and cooperation between our young people and students.

No country on Earth would tolerate missiles raining down on its citizens from outside its borders.

I do think that it is impossible for us to think only in terms of the Palestinian-Israeli conflict and not think in terms of what's happening with Syria or Iran or Lebanon or Afghanistan and Pakistan. These things are interrelated. And if we are looking at the region as a whole and communicating a message to the Arab world and the Muslim world, that we are ready to initiate a new partnership based on mutual respect and mutual interest, then I think that we can make significant progress.

Our enemies are also seeking the abilities to sabotage our power grid, our financial institutions, our air traffic control systems.

We start this new year in the midst of an economic crisis unlike we have seen in our lifetime.

Know that America is a friend of each nation and every man, woman, and child who seeks a future of peace and dignity...[For] we are shaped by every language and culture, drawn from every end of this Earth.