Our Founding Fathers well understood that concentrated power is the enemy of liberty and the rights of man. They knew that the American experiment in individual liberty, free enterprise and republican self-government could succeed only if power were widely distributed. And since in any society social and political power flow from economic power, they saw that wealth and property would have to be widely distributed among the people of the country. The truth of this insight is immediately apparent.

Freedom and the dignity of the individual have been more available and assured here than in any other place on earth. The price for this freedom at times has been high, but we have never been unwilling to pay the price.

I, for one, resent it when a representative of the people refers to you and me, the free men and women of this country, as 'the masses.'

Supporters of this fundamental change in immigration policy say we need to import more well-educated talent if we're to stay competitive. But exactly whose competitiveness are we talking about? Not the competitiveness of, say, American-born computer engineers. Adjusted for inflation, their earnings haven't gone anywhere in years. That's in part because American companies have been sending so much of their high-tech work abroad. Bringing more foreign-born engineers here under an expanded H1-B visa program, or a point system for that matter, will just depress wages even further.

Together, let us make this a new beginning. Let us make a commitment to care for the needy, to teach our children the values and the virtues handed down to us by our families, to have the courage to defend those values and the willingess to sacrifice for them. Let us pledge to restore, in our time, the American spirit of voluntary service, of cooperation, of private and community initiative, a spirit that flows like a deep and mighty river through the history of our nation.

I also believe this blessed land was set apart in a very special way, a country created by men and women who came here not in search of gold, but in search of God. They would be free people, living under the law with faith in their Maker and their future. Sometimes, it seems we've strayed from that noble beginning, from our conviction that standards of right and wrong do exist and must be lived up to.

We're in greater danger today than we were the day after Pearl Harbor. Our military is absolutely incapable of defending this country.