The Prime Minister is stealing our clothes but he is going to look pretty ridiculous walking around in mine.

When all the objectives of government include the achievement of equality - other than equality before the law - that government poses a threat to liberty.

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.

America, my friends, is the only country in the world actually founded on liberty - the only one. People went to America to be free.

Socialists cry “Power to the people”, and raise the clenched fist as they say it. We all know what they really mean - power over people, power to the State.

We should not underestimate the enormity of the task which lies ahead. But little can be achieved without sound money. It is the bedrock of sound government.

The election of a man committed to the cause of freedom and the renewal of America's strength has given encouragement to all those who love liberty.