We will always apply the same principles of collective security, prudent caution, and superior weaponry that enabled us to peacefully prevail in the long cold war against the Soviet Union.

I believe in an America in which the fruits of productivity and prosperity are shared by all, by workers as well as owners, by those at the bottom as well as those at the top; an America in which the sacrifices required by national security are shared by all, by profiteers in the back offices as well as volunteers on the front lines.

We have treated our most serious adversaries, such as Iran and North Korea, in the most juvenile manner - by giving them the silent treatment. In so doing, we have weakened, not strengthened, our bargaining position and our leadership.

We will always apply the same principles of collective security, prudent caution, and superior weaponry that enabled us to peacefully prevail in the long cold war against the Soviet Union.

If we can but tear the blindfold of self-deception from our eyes and loosen the gag of self-denial from our voices, we can restore our country to greatness.

The good news, to relieve all this gloom, is that a democracy is inherently self-correcting. Here, the people are sovereign. Inept political leaders can be replaced. Foolish policies can be changed. Disastrous mistakes can be reversed.

Consistently wise decisions can only be made by those whose wisdom is constantly challenged.