You may be right that people say: You know what, we had Obama. He was inexperienced. The guy had great rhetoric, sounded good, looked good, but has turned out to be an utter disaster. I want someone where I have confidence and credibility that they're up to the job and that I can trust what they tell me.

Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives.

In Europe and the United States, you've got different systems to select candidates, and no system is perfect.

It's a mandate for you to do in office what you said you would do on the campaign trail.

But, look, Washington is a town that creates myths for its own existence and its own amusement, and I was a subject of myth, sort of like Grendel in Beowulf - you know, not seen very often but often talked about.

We're an empire now, and when we act, we create our own reality. And while you're studying that reality - judiciously, as you will - we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors... and you, all of you, will be left to just study what we do.

Somebody gets to be smart and somebody gets to be dumb. If we win, it'll be because of the president. And if we lose, it'll be because of me.