We now live in a world where the most valuable skill you can sell is knowledge. Revolutions in technology and communication have created an entire economy of high-tech, high-wage jobs that can be located anywhere there's an internet connection. And today, a child in Chicago is not only competing for jobs with one in Boston, but thousands more in Bangalore and Beijing who are being educated longer and better than ever before.
My greatest hope is to be able to pass the same dreams and hopes and vision that I've been able to enjoy in my life, on to the next generation. Not just for my children - because with a mother like Michelle, my kids are going to be great - but for all children. There are too many children in this country for whom the American dream is so distant and the odds against them are so daunting.
There are some who question the scale of our ambitions, who suggest that our system cannot tolerate too many big plans. Their memories are short, for they have forgotten what this country has already done, what free men and women can achieve when imagination is joined to common purpose, and necessity to courage.
The president does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation. As commander in chief, the president does have a duty to protect and defend the United States. In instances of self-defense, the president would be within his constitutional authority to act before advising Congress or seeking its consent.
The bottom line is this - whereas Iran was steadily expanding its nuclear program, we have now cut off every single path that Iran could have used to build a bomb.
If 90 percent or 95 percent of those - chemical stockpiles [in Syria] were eliminated, that's a lot of chemical weapons that are not right now in the hands of ISIL or Nusra or, for that matter, the regime.
Let us remember that we can do these things not just because of wealth or power, but because of who we are: one nation under God, indivisible, with liberty and justice for all.
The true test of the American ideal is whether we're able to recognize our failings and then rise together to meet the challenges of our time. Whether we allow ourselves to be shaped by events and history, or whether we act to shape them. Whether chance of birth or circumstance decides life's big winners and losers, or whether we build a community where, at the very least, everyone has a chance to work hard, get ahead, and reach their dreams.
All too rarely do I hear people asking just what it is that we've done to make so many children's hearts so hard, or what collectively we might do to right their moral compass - what values we must live by.
I think it's important to recognize that you can't have 100 per cent security and also then have 100 per cent privacy and zero inconvenience.... In the abstract you can complain about Big Brother and how this is a potential program run amok, but when you actually look at the details then I think we've struck the right balance.
We know what happens when Europeans start dividing themselves up and emphasizing their differences and seeing a competition between various countries in a zero sum way.
I think the Greek people, although it is difficult and challenging and the politics of it I know are not good, should appreciate the fact that in this global economy, the Greek economy was going to have to go through some structural reforms.
We didn't become the most prosperous country in the world just by rewarding greed and recklessness. We didn't come this far by letting the special interests run wild. We didn't do it just by gambling and chasing paper profits on Wall Street. We built this country by making things, by producing goods we could sell.
In America, we've set up a system whereby when you take on college debt, you will never have to pay more than 10 percent of your income in repayments. And what that will do is make sure that you will never be prevented from going to school just because of money. We want to make sure that you and others like you can succeed.
The thing that has disturbed me most about the Russian hacking episode is - and the thing that surprised me most has not been the fact of Russian hacking. The cyber world is full of information gathering, you know, propaganda, et cetera. I have been concerned about the degree to which, in some circles, you've seen people suggest that Vladimir Putin has more credibility than the U.S. government. I think that's something new.