I will send a strong message that Israel is our friend, that we will assist in their security and that we don't find nuclear weapons acceptable as Ir… - Barack Obama

That we are in the midst of crisis is now well understood. Our nation is at war, against a far-reaching network of violence and hatred. Our economy is badly weakened, a consequence of greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age. Homes have been lost; jobs shed; businesses shuttered. Our health care is too costly; our schools fail too many; and each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.

These are the indicators of crisis, subject to data and statistics. Less measurable but no less profound is a sapping of confidence across our land — a nagging fear that America's decline is inevitable, and that the next generation must lower its sights.

Today I say to you that the challenges we face are real. They are serious and they are many. They will not be met easily or in a short span of time. But know this, America — they will be met.

On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord.

On this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and worn out dogmas, that for far too long have strangled our politics.

You were born as freedom forced its way through a wall in Berlin, and tore down an Iron Curtain across Europe. You were educated in an era of instant information that put the world’s accumulated knowledge at your fingertips. And you came of age as terror touched our shores; an historic recession spread across the nation; and a new generation signed up to go to war. You have been tested and tempered by events that your parents and I never imagined we’d see when we sat where you sit. And yet, despite all this, or more likely because of it, yours has become a generation possessed with that most American of ideas – that people who love their country can change it. For all the turmoil; for all the times you have been let down, or frustrated at the hand you’ve been dealt; what I have seen from your generation are perennial and quintessentially American values. Altruism. Empathy. Tolerance. Community. And a deep sense of service that makes me optimistic for our future.

Yes, there will be setbacks and there will be frustrations, and there will be moments of doubt and moments of despair. The currents of history ebb and flow, but over time they flow toward freedom -- more people, in every corner of the Earth, standing up and reaching to claim those rights that are universal. And that’s why, in the end, our ideals are stronger. And that’s why, in the end, our ideals will win.