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The United States of America is the most powerful nation on Earth. Period. It's not even close. We spend more on our military than the next eight nations combined. Our troops are the finest fighting force in the history of the world. No nation dares to attack us or our allies because they know that's the path to ruin. Surveys show our standing around the world is high... When it comes to every important international issue, people of the world do not look to Beijing or Moscow to lead; they call us.

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To-day the United States stands out as the mightiest Power on earth, and yet America is a threat to no one. All know that she will never use her power for selfish aims or territorial aggrandisement in the future any more than she has done in the past. We look upon her forces and our own forces and those of other nations as instruments that must never be employed save in the interests of world security and for the repression of the aggressor.

So far, America has beaten the odds and remained multiracial rather than multicultural, thereby becoming the most powerful nation in the world. We should remember that diversity is an ornament, but unity is our strength.

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We are at once the most powerful nation in the history of the human race, yet because of nuclear weapons, we are vulnerable to rapid destruction by foreign powers in a way we cannot prevent. That is a paradox. We also have lopsided advantages over most other countries (perhaps not China, but definitely Russia). Yet those advantages do not guarantee victory in war in the modern era (we struggled against the Vietcong, the Taliban, Iraqi insurgents and militias—the list goes on).

We face this choice from a position of strength as the strongest nation on earth, economically, militarily and politically. Our alliances are firm and reliable. Our military forces are strong and ready. Our economic power is unmatched.

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We now stand ten years past the midpoint of a century that has witnessed four major wars among great nations. Three of these involved our own country. Despite these holocausts, America is today the strongest, the most influential, and most productive nation in the world. Understandably proud of this pre-eminence, we yet realize that America's leadership and prestige depend, not merely upon our unmatched material progress, riches and military strength, but on how we use our power in the interests of world peace and human betterment.

America's policies toward the world have been carefully built through the years by the leaders of both parties. We will continue to follow this course because it has brought us a hopeful world. We are, and we will remain, the strongest nation on earth. We are, and we will always be, ready to defend freedom anywhere. Strength and courage are essential, but they are like the fuel in an airplane. You can't go without it. But neither will it take you where you want to go. For that you need a sense of direction, caution in the cockpit, and an experienced pilot. But strength is not enough. Other nations feared the might of Hitler, but they would not follow him. They will not associate themselves with us just because of our bombs or our missiles or our factories. We have learned that to deal with the world it must be seen in all of its fantastic complexities.

[T]he United States of America, is not only the most powerful and the most prosperous country on earth, but the most free and the most just. Then I do my best to tell them how and why this is so. And I teach them about the principles from which those blessings of liberty flow. I invite them to consider whether they can have any greater honor than to pass undiminished to their children and grandchildren this great inheritance of freedom.

The world has changed greatly since I left the White House. Now there is only one superpower, with unprecedented military and economic strength. The coming budget for American armaments will be greater than those of the next fifteen nations combined, and there are troops from the United States in many countries throughout the world. Our gross national economy exceeds that of the three countries that follow us, and our nation's voice most often prevails as decisions are made concerning trade, humanitarian assistance, and the allocation of global wealth. This dominant status is unlikely to change in our lifetimes. Great American power and responsibility are not unprecedented, and have been used with restraint and great benefit in the past. We have not assumed that super strength guarantees super wisdom, and we have consistently reached out to the international community to ensure that our own power and influence are tempered by the best common judgment. Within our country, ultimate decisions are made through democratic means, which tend to moderate radical or ill-advised proposals. Constrained and inspired by historic constitutional principles, our nation has endeavored for more than two hundred years to follow the now almost universal ideals of freedom, human rights, and justice for all.

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The US is not only an Empire, it is the biggest and most powerful Empire the world has ever seen. It has 800 military bases in more than 70 countries and it bends other countries to its will through sanctions and war. It has interfered to subvert the democratic processes more than 50 times in Latin America alone. The US is not effective at protecting and serving its own citizenry, so it has no moral leg to stand on to justify this global military presence and daily violence. It is only successful if you look at control and domination as merits of success. The system it upholds exists to benefit very few people, which becomes a tinier pool every year, while the vast majority at the bottom suffer and die preventable deaths—structural violence under capitalism.

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