There are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limited government, light regulations, low taxes and maximum labour-market flexibility. Its success has been shown above all in the ability to create new jobs, in which it is consistently more successful than Europe.

We are not in politics to ignore peoples' worries, we are in politics to deal with them.

I owe a great deal to the church for everything in which I believe. I am very glad that I was brought up strictly. I was a very serious child. There was not a lot of fun and sparkle in my life.

When others spoke of the fear of war, you spoke of the need for warriors and peace through strength. When others bewailed the failure of big government to provide for the collective good, you spoke of self-reliance, of personal responsibility, of individual pride and integrity. When others preached compromise - when others demanded compromise, you, Ronald Reagan, preached conviction.

Socialism lays an bad egg by killing the capitalism that lays the golden eggs

I have a habit of comparing the phraseology of communiques . . . noting a certain similarity of words, a certain similarity of optimism . . . and a certain similarity in the lack of practical results during the ensuring years.

We intend freedom and justice to conquer. Yes, we do have a creed and we wish others to share it. But it is not part of our policy to impose our beliefs by force or threat of force.