The American Dream is one of the greatest ideas in the history of human achievement . . . It thrives today in an age when its core components of freedom and opportunity are open to more Americans than ever before. It holds a real, identifiable place in the American heart and mind, and it informs the aspirations of everyone from farmers to software developers, from detectives to bankers, from soldiers to social workers . . . It defines us as a people, even as we add to its meaning with each new chapter in our national experience and our individual actions.

There was a time in South Africa that people would put flaming tires around peoples' necks if they dis-sented. And in some ways the fear is that you will be necklaced here, you will have a flaming tire of lack of patriotism put around your neck. Now it is that fear that keeps journalists from asking the toughest of the tough questions... And again, I am humbled to say, I do not except myself from this criticism.

This much we know: Journalism is not a precise science. It's, on its best day, is a crude art. We make mistakes; I make mistakes. With more than 50 years as a journalist, I have at least had the opportunity to blow more stories, make more mistakes than maybe anybody in television.

The dream begins, most of the time, with a teacher who believes in you.

If all difficulties were known at the outset of a long journey, most of us would never start out at all.

The press is a watchdog. Not an attack dog. Not a lapdog. A watchdog. Now, a watchdog can't be right all the time. He doesn't bark only when he sees or smells something that's dangerous. A good watchdog barks at things that are suspicious.

I'd much rather wear out than rust out.