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  • THOSE VALUES ARE ENDANGERED IN

  • THE AGE OF DONALD TRUMP.

  • >> Pelley: AND THE PRESIDENT

  • OF THE UNITED STATES IS BEING

  • INTRODUCED NOW AT McCORMACK

  • PLACE IN CHICAGO.

  • LET'S LISTEN IN.

  • ♪ ♪ ♪

  • THE MORE YOU SEE THE LESS YOU

  • KNOW

  • THE LESS YOU FIND OUT AS YOU

  • GO.

  • ( CHEERS AND APPLAUSE ).

  • >> HELLO, CHICAGO!

  • IT'S GOOD TO BE HOME!

  • ( CHEERS AND APPLAUSE )

  • THANK YOU, EVERYBODY.

  • THANK YOU.

  • THANK YOU.

  • THANK YOU!

  • THANK YOU SO MUCH.

  • THANK YOU, THANK YOU.

  • THANK YOU!

  • IT'S GOOD TO BE HOME.

  • ( CHEERS )

  • THANK YOU.

  • ( CHEERS )

  • THANK YOU.

  • THANK YOU.

  • ALL RIGHT, EVERYBODY SIT DOWN.

  • WE'RE ON LIVE TV HERE.

  • I GOTTA-- I GOTTA MOVE.

  • ( CHEERS )

  • YOU CAN TELL-- YOU CAN TELL THAT

  • I'M-- YOU CAN-- YOU-- YOU CAN

  • TELL THAT-- YOU CAN TELL THAT

  • I'M A LAME DUCK BECAUSE NOBODY'S

  • FOLLOWING INSTRUCTIONS.

  • ( LAUGHTER )

  • EVERYBODY HAVE A SEAT.

  • ( CHEERS )

  • MY FELLOW AMERICANS,.

  • ( CHEERS )

  • ( APPLAUSE )

  • MICHELLE AND I HAVE BEEN SO

  • TOUCHED BY ALL THE WELL WISHES

  • THAT WE'VE RECEIVED OVER THE

  • PAST FEW WEEKS, BUT TONIGHT,

  • TONIGHT IT'S MY TURN TO SAY

  • THANKS.

  • WHETHER WE HAVE SEEN EYE TO EYE

  • OR RARELY AGREED AT ALL, MY

  • CONVERSATIONS WITH YOU, THE

  • AMERICAN PEOPLE, IN LIVING ROOMS

  • AND IN SCHOOLS, IN FARMS, ON

  • FACTORY FLOORS, AT DINERS, AND

  • ON DISTANT MILITARY OUTPOSTS,

  • THOSE CONVERSATIONS ARE WHAT

  • HAVE KEPT ME HONEST AND KEPT ME

  • INSPIRED AND KEPT ME GOING.

  • AND EVERY DAY I HAVE LEARNED

  • FROM YOU.

  • YOU MADE ME A BETTER PRESIDENT.

  • AND YOU MADE ME A BETTER MAN.

  • SO I FIRST CAME TO CHICAGO WHEN

  • I WAS IN MY EARLY 20s, AND I

  • WAS STILL TRYING TO FIGURE OUT

  • WHO I WAS, STILL SEARCHING FOR A

  • PURPOSE IN MY LIFE, AND IT WAS A

  • NEIGHBORHOOD NOT FAR FROM HERE

  • WHERE I BEGAN WORKING WITH

  • CHURCH GROUPS IN THE SHADOWS OF

  • CLOSED STEEL MILLS.

  • IT WAS ON THESE STREETS WHERE I

  • WITNESSED THE POWER OF FAITH AND

  • THE QUIET DIGNITY OF WORKING

  • PEOPLE IN THE FACE OF STRUGGLE

  • AND LOSS.

  • >> FOUR MORE YEARS!

  • FOUR MORE YEARS.

  • >> I CAN'T DO THAT.

  • >> FOUR MORE YEARS!

  • FOUR MORE YEARS!

  • NOW, THIS IS WHERE I LEARNED

  • THAT CHANGE ONLY HAPPENS WHEN

  • ORDINARY PEOPLE GET INVOLVED AND

  • THEY GET ENGAGED AND THEY COME

  • TOGETHER TO DEMAND IT.

  • AFTER EIGHT YEARS AS YOUR

  • PRESIDENT, I STILL BELIEVE THAT.

  • AND IT'S NOT JUST MY BELIEF.

  • IT'S THE BEATING HEART OF OUR

  • AMERICAN IDEA, OUR BOLD

  • EXPERIMENT IN SELF-GOVERNMENT.

  • IT'S THE CONVICTIONS THAT WE ARE

  • ALL CREATED EQUAL, ENDOWED BY

  • OUR CREATOR WITH CERTAIN

  • UNALIENABLE RIGHT, AMONG THEM

  • LIFE, LIBERTY, AND THE PURSUIT

  • OF HAPPINESS.

  • IT'S THE INSISTENCE THAT THESE

  • RIGHTS, WHILE SELF-EVIDENT, HAVE

  • NEVER BEEN SELF-EXECUTING.

  • THAT WE, THE PEOPLE, THROUGH THE

  • INSTRUMENT OF OUR DEMOCRACY, CAN

  • FORM A MORE PERFECT UNION.

  • WHAT A RADICAL IDEA.

  • THE GREAT GIFT THAT OUR FOUNDERS

  • GAVE TO US.

  • THE FREEDOM TO CHASE OUR

  • INDIVIDUAL DREAMS THROUGH OUR

  • SWEAT AND TOIL AND IMAGINATION,

  • AND THE IMPERATIVE TO STRIVE

  • TOGETHER AS WELL, TO ACHIEVE A

  • COMMON GOOD, A GREATER GOOD.

  • FOR 240 YEARS, OUR NATION'S CALL

  • TO CITIZENSHIP HAS GIVEN WORK

  • AND PURPOSE TO EACH NEW

  • GENERATION.

  • IT'S WHAT LED PATRIOTS TO CHOOSE

  • REPUBLIC OVER TYRANNY.

  • PIONEERS TO TREK WEST.

  • SLAVES TO BRAVE THAT MAKESHIFT

  • RAILROAD TO FREEDOM.

  • IT'S WHAT PULLED IMMIGRANTS AND

  • REFUGEES ACROSS OCEANS AND THE

  • RIO GRANDE.

  • ( CHEERS )

  • IT'S WHAT PUSHED WOMEN TO REACH

  • FOR THE BALLOT.

  • IT'S WHAT POWERED WORKERS TO

  • ORGANIZE.

  • IT'S WHY G.I.s GAVE THEIR

  • LIVES ON OMAHA BEACH AND IWO

  • JIMA, IRAQ, AND AFGHANISTAN.

  • AND WHY MEN AND WOMEN FROM SELMA

  • TO STONEWALL WERE PREPARED TO

  • GIVE THEIRS AS WELL.

  • ( CHEERS )

  • ( APPLAUSE )

  • SO THAT'S WHAT WE MEAN WHEN WE

  • SAY AMERICA'S EXCEPTIONAL.

  • NOT THAT OUR NATION'S BEEN

  • FLAWLESS FROM THE START BUT THAT

  • WE HAVE SHOWN THE CAPACITY TO

  • CHANGE AND MAKE LIFE BETTER FOR

  • THOSE WHO FOLLOW.

  • YES, OUR PROGRESS HAS BEEN

  • UNEVEN.

  • THE WORK OF DEMOCRACY HAS ALWAYS

  • BEEN HARD.

  • IT'S ALWAYS BEEN CONTENTIOUS.

  • SOMETIMES IT'S BEEN BLOODY.

  • FOR EVERY TWO STEPS FORWARD, IT

  • OFTEN FEELS WE TAKE ONE STEP

  • BACK.

  • BUT THE LONG SWEEP OF AMERICA

  • HAS BEEN DEFINED BY FORWARD

  • MOTION, A CONSTANT WIDENING OF

  • OUR FOUNDING CREED TO EMBRACE

  • ALL, AND NOT JUST SOME.

  • ( APPLAUSE ).

  • ( CHEERS )

  • IF I HAD TOLD YOU EIGHT YEARS

  • AGO THAT AMERICA WOULD REVERSE A

  • GREAT RECESSION, REBOOT OUR AUTO

  • INDUSTRY, AND UNLEASH THE

  • LONGEST STRETCH OF JOB CREATION

  • IN OUR HISTORY.

  • ( CHEERS AND APPLAUSE )

  • IF I HAD TOLD YOU THAT WE WOULD

  • OPEN UP A NEW CHAPTER WITH THE

  • CUBAN PEOPLE, SHUT DOWN IRAN'S

  • NUCLEAR WEAPONS PROGRAM WITHOUT

  • FIRING A SHOT, TAKE OUT THE

  • MASTERMIND OF 9/11, IF I HAD

  • TOLD YOU THAT WE WOULD WIN

  • MARRIAGE EQUALITY AND SECURE THE

  • RIGHT TO HEALTH INSURANCE FOR

  • ANOTHER 20 MILLION OF OUR FELLOW

  • CITIZENS.

  • ( CHEERS AND APPLAUSE )

  • IF I HAD TOLD YOU ALL THAT, YOU

  • MIGHT HAVE SAID OUR SIGHTS WERE

  • SET A LITTLE TOO HIGH.

  • BUT THAT'S WHAT WE DID.

  • ( CHEERS )

  • THAT'S WHAT YOU DID.

  • YOU WERE THE CHANGE.

  • YOU ANSWERED PEOPLE'S HOPES, AND

  • BECAUSE OF YOU, BY ALMOST EVERY

  • MEASURE, AMERICA IS A BETTER,

  • STRONGER PLACE THAN IT WAS WHEN

  • WE STARTED.

  • ( APPLAUSE )

  • IN 10 DAYS, THE WORLD WILL

  • WITNESS A HALLMARK OF OUR

  • DEMOCRACY-- NO, NO, NO.

  • THE PEACEFUL TRANSFER OF POWER

  • FROM ONE FREELY ELECTED

  • PRESIDENT TO THE NEXT.

  • ( APPLAUSE )

  • I COMMITTED TO PRESIDENT-ELECT

  • TRUMP THAT MY ADMINISTRATION

  • WOULD ENSURE THE SMOOTHEST

  • POSSIBLE TRANSITION, JUST AS

  • PRESIDENT BUSH DID FOR ME.

  • ( APPLAUSE )

  • BECAUSE IT'S UP TO ALL OF US TO

  • MAKE SURE OUR GOVERNMENT CAN

  • HELP US MEET THE MANY CHALLENGES

  • WE STILL FACE.

  • WE HAVE WHAT WE NEED TO DO SO.

  • WE HAVE EVERYTHING WE NEED TO

  • MEET THOSE CHALLENGES.

  • AFTER ALL, WE REMAIN THE

  • WEALTHIEST, MOST POWERFUL AND

  • MOST RESPECTED NATION ON EARTH.

  • OUR YOUTH, OUR DRIVE, OUR

  • DIVERSITY AND OPENNESS, OUR

  • BOUNDLESS CAN CAPACITY FOR RISK

  • AND REINVENTION MEANS THAT THE

  • FUTURE SHOULD BE OURS.

  • BUT THAT POTENTIAL WILL ONLY BE

  • REALIZED IF OUR DEMOCRACY WORKS.

  • ONLY IF OUR POLITICS BETTER

  • REFLECTS THE DECENCY OF OUR

  • PEOPLE.

  • ( APPLAUSE )

  • ONLY IF ALL OF US, REGARDLESS OF

  • PARTY AFFILIATION OR PARTICULAR

  • INTERESTS, HELP RESTORE THE

  • SENSE OF COMMON PURPOSE THAT WE

  • SO BADLY NEED RIGHT NOW.

  • THAT'S WHAT I WANT TO FOCUS ON

  • TONIGHT, THE STATE OF OUR

  • DEMOCRACY.

  • UNDERSTAND DEMOCRACY DOES NOT

  • REQUIRE UNIFORMITY.

  • OUR FOUNDERS ARGUED, THEY

  • QUARRELED, AND EVENTUALLY THEY

  • COMPROMISED.

  • THEY EXPECTED US TO DO THE SAME.

  • BUT THEY KNEW THAT DEMOCRACY

  • DOES REQUIRE A BASIC SENSE OF

  • SOLIDARITY.

  • THE IDEA THAT FOR ALL OUR

  • OUTWARD DIFFERENCES WE'RE ALL IN

  • THIS TOGETHER, THAT WE RISE OR

  • FALL AS ONE.

  • ( APPLAUSE )

  • THERE HAVE BEEN MOMENTS

  • THROUGHOUT OUR HISTORY THAT

  • THREATENED THAT SOLIDARITY.

  • THE BEGINNING OF THIS CENTURY

  • HAS BEEN ONE OF THOSE TIMES.

  • A SHRINKING WORLD, GROWING

  • INEQUALITY, DEMOGRAPHIC CHANGE

  • AND THE SPECTER OF TERRORISM.

  • THESE FORCES HAVEN'T JUST TESTED

  • OUR SECURITY AND OUR PROSPERITY

  • BUT ARE TESTING OUR DEMOCRACY AS

  • WELL.

  • AND HOW WE MEET THESE CHALLENGES

  • TO OUR DEMOCRACY WILL DETERMINE

  • OUR ABILITY TO EDUCATE OUR KIDS

  • AND CREATE GOOD JOBS AND PROTECT

  • OUR HOMELAND.

  • IN OTHER WORDS, IT WILL

  • DETERMINE OUR FUTURE.

  • TO BEGIN WITH, OUR DEMOCRACY

  • WON'T WORK WITHOUT A SENSE THAT

  • EVERYONE HAS ECONOMIC

  • OPPORTUNITY.

  • AND THE GOOD NEWS IS THAT TODAY,