There is not going to be any pass for Palestinian leadership in fighting terror.

This system, built on free markets, free trade and free peoples and American protection, that's what got us from the end of World War II to the extraordinary events of the end of the Cold War and a system that was one of prosperity and peace for a lot of people, including for the United States.

I think that one of the greatest challenges we have today is around education. One of the things that is dividing us more and more is whether you have good prospects or you don't. Do you live a neighborhood where the schools are good? If you don't, your kids may not read until the time they're in third grade. Do you at least have access to a community college that will give you job training skills so that if you don't go for four years you will at least come out with a decent job and a decent wage. Too many people don't have that opportunity.

[I'm] very fortunate and blessed person who still has a lot of living to do.

Success is not assured, but America is resolute: this is the best chance for peace we are likely to see for some years to come - and we are acting to help Israelis and Palestinians seize this chance.

America's still a very, very powerful symbol and a very important place of leadership for the world.

We have our differences with Russia. And some of those differences produce conflict. But by no means is this the Soviet Union. We have far more areas of cooperation with Russia than we have areas of conflict.