There can be no security anywhere in the free world if there is no fiscal and economic stability within the United States.

Common sense told us that to preserve the peace, we'd have to become strong again after years of weakness and confusion. So, we rebuilt our defenses, and this New Year we toasted the new peacefulness around the globe. Not only have the superpowers actually begun to reduce their stockpiles of nuclear weapons...but the regional conflicts that rack the globe are also beginning to cease.

The despicable North Korean attack in Rangoon deprived us of trusted advisers and friends. So many of those who died had won admirers in America as they studied with us or guided us with their counsel. I personally recall the wisdom and composure of Foreign Minister Lee, with whom I met in Washington just a few short months ago. To the families and countrymen of all those who were lost, America expresses its deep sorrow.

The victims of crime have been transformed into a group oppressively burdened by a system designed to protect them.

In my eighty years, I prefer to call that the forty-first anniversary of my thirty ninth birthday, I've seen what men can do for each other and do to each other, I've seen war and peace, feast and famine, depression and prosperity, sickness and health. I've seen the depth of suffering and the peaks of triumph and I know in my heart that man is good, that what is right will always eventually triumph and that there is purpose and worth to each and every life.

Welfare's purpose should be to eliminate, as far as possible, the need for its own existence.

I've spoken of the shining city all my political life, but I don't know if I ever quite communicated what I saw when I said it. But in my mind it was a tall, proud city built on rocks stronger than oceans, windswept, God-blessed, and teeming with people of all kinds living in harmony and peace; a city with free ports that hummed with commerce and creativity. And if there had to be city walls, the walls had doors and the doors were open to anyone with the will and heart to get there. That's how I saw it, and see it still.