The President said that the United States would seek a broader engagement with Muslim world, including new partnerships in education, economic development, science, technology and health. He also specifically addressed several key issues that we must confront together, including: violent extremism, peace and security for Palestine and Israel, nuclear proliferation, democracy and human rights, women’s rights, religious freedom and economic development and opportunity. We’ll post reaction to his speech later today.

On confronting violent extremism:

“…Just as America can never tolerate violence by extremists, we must never alter or forget our principles. Nine-eleven was an enormous trauma to our country. The fear and anger that it provoked was understandable, but in some cases, it led us to act contrary to our traditions and our ideals. We are taking concrete actions to change course. I have unequivocally prohibited the use of torture by the United States, and I have ordered the prison at Guantanamo Bay closed by early next year.”

On Middle East peace:

“…For decades then, there has been a stalemate: two peoples with legitimate aspirations, each with a painful history that makes compromise elusive. It's easy to point fingers -- for Palestinians to point to the displacement brought about by Israel's founding, and for Israelis to point to the constant hostility and attacks throughout its history from within its borders as well as beyond. But if we see this conflict only from one side or the other, then we will be blind to the truth: The only resolution is for the aspirations of both sides to be met through two states, where Israelis and Palestinians each live in peace and security.”

“That is in Israel's interest, Palestine's interest, America's interest, and the world's interest. And that is why I intend to personally pursue this outcome with all the patience and dedication that the task requires. (Applause.) The obligations -- the obligations that the parties have agreed to under the road map are clear. For peace to come, it is time for them -- and all of us -- to live up to our responsibilities.”

On nuclear proliferation:

“…I understand those who protest that some countries have weapons that others do not. No single nation should pick and choose which nation holds nuclear weapons. And that's why I strongly reaffirmed America's commitment to seek a world in which no nations hold nuclear weapons. (Applause.) And any nation -- including Iran -- should have the right to access peaceful nuclear power if it complies with its responsibilities under the nuclear Non-Proliferation Treaty. That commitment is at the core of the treaty, and it must be kept for all who fully abide by it. And I'm hopeful that all countries in the region can share in this goal.”

On democracy:

“…Each nation gives life to this principle in its own way, grounded in the traditions of its own people. America does not presume to know what is best for everyone, just as we would not presume to pick the outcome of a peaceful election. But I do have an unyielding belief that all people yearn for certain things: the ability to speak your mind and have a say in how you are governed; confidence in the rule of law and the equal administration of justice; government that is transparent and doesn't steal from the people; the freedom to live as you choose. These are not just American ideas; they are human rights. And that is why we will support them everywhere."

On religious freedom:

“…Freedom of religion is central to the ability of peoples to live together. We must always examine the ways in which we protect it. For instance, in the United States, rules on charitable giving have made it harder for Muslims to fulfill their religious obligation. That's why I'm committed to working with American Muslims to ensure that they can fulfill zakat.”

On women’s rights:

“…I am convinced that our daughters can contribute just as much to society as our sons. (Applause.) Our common prosperity will be advanced by allowing all humanity -- men and women -- to reach their full potential. I do not believe that women must make the same choices as men in order to be equal, and I respect those women who choose to live their lives in traditional roles. But it should be their choice. And that is why the United States will partner with any Muslim-majority country to support expanded literacy for girls, and to help young women pursue employment through micro-financing that helps people live their dreams.”

On economic development:

“…Many Gulf states have enjoyed great wealth as a consequence of oil, and some are beginning to focus it on broader development. But all of us must recognize that education and innovation will be the currency of the 21st century -- (applause) -- and in too many Muslim communities, there remains underinvestment in these areas. I'm emphasizing such investment within my own country. And while America in the past has focused on oil and gas when it comes to this part of the world, we now seek a broader engagement.”

Here’s a link to the full text of the President’s remarks

The bill will eliminate some of the waste and inefficiency in our defense projects – resulting in better protection for our nation and troops, while saving taxpayers billions of dollars.

Here’s an excerpt from the President’s speech:

The purpose of this law will be to limit cost overruns before they spiral out of control. It will strengthen oversight and accountability by appointing officials who will be charged with closely monitoring the weapons systems we're purchasing to ensure that costs are controlled. If the cost of certain defense projects continue to grow year after year, those projects will be closely reviewed, and if they don't provide the value we need, they will be terminated. This law will also enhance competition and end conflicts of interest in the weapons acquisitions process so that American taxpayers and the American military can get the best weapons at the lowest cost.

The Detroit Free Press reported:

With these changes, it is hoped government can contain huge growth in costs and expensive delays. Last month, the Government Accountability Office said cost overruns on 97 of the Defense Department’s largest acquisition programs were almost $300 billion over the original estimates, even though it has made cuts intended to restrain costs.

The Administration has also taken steps to reduce no-bid congrats and reform the Department of Defense’s budget.

By all accounts, the speech was a tour de force. The President calmly and reasonably and passionately explained his approach to national security issues in the context of a deep and unwavering commitment to keeping our country safe and abiding by the principles on which this country was founded: freedom, fairness, equality and dignity. He made very clear that choosing between our values and our security is a false choice – our principles are the very thing that strengthens this country and keeps us safe.

Couple of other things:

– As so many have said before, I was once again struck by President Obama’s obvious respect for the intelligence of the American people.

– Abuses of power by the previous administration have severely distorted our understanding of what a President should and should not be able to do. President Obama’s commitment to the rule of law, transparency, accountability and divided government is a much needed reminder (and shot-in-the-arm) of how we should have been operating all along.

In case you missed it, I’ve excerpted a few highlights below. Visit the blog at BarackObama.com for more information and the full text of the speech.

On America’s core values:

“…But I believe with every fiber of my being that in the long run we also cannot keep this country safe unless we enlist the power of our most fundamental values. The documents that we hold in this very hall – the Declaration of Independence, the Constitution, the Bill of Rights –are not simply words written into aging parchment. They are the foundation of liberty and justice in this country, and a light that shines for all who seek freedom, fairness, equality and dignity in the world….

“I took an oath to preserve, protect and defend the Constitution as Commander-in-Chief, and as a citizen, I know that we must never – ever – turn our back on its enduring principles for expedience sake.

“….I make this claim not simply as a matter of idealism. We uphold our most cherished values not only because doing so is right, but because it strengthens our country and keeps us safe. Time and again, our values have been our best national security asset – in war and peace; in times of ease and in eras of upheaval.”

On matters of accountability:

“On all of these matters related to the disclosure of sensitive information, I wish I could say that there is a simple formula. But there is not. These are tough calls involving competing concerns, and they require a surgical approach. But the common thread that runs through all of my decisions is simple: we will safeguard what we must to protect the American people, but we will also ensure the accountability and oversight that is the hallmark of our constitutional system. I will never hide the truth because it is uncomfortable. I will deal with Congress and the courts as co-equal branches of government. I will tell the American people what I know and don’t know, and when I release something publicly or keep something secret, I will tell you why.”

On action the Administration has taken so far:

“…the policies that I have proposed represent a new direction from the last eight years. To protect the American people and our values, we have banned enhanced interrogation techniques. We are closing the prison at Guantanamo. We are reforming Military Commissions, and we will pursue a new legal regime to detain terrorists. We are declassifying more information and embracing more oversight of our actions, and narrowing our use of the State Secrets privilege. These are dramatic changes that will put our approach to national security on a surer, safer and more sustainable footing, and their implementation will take time.

There are a number of interesting books, including a forthcoming one by me, that cover the 1999 coup by the Musharraf-led army. You might want to look at those already published by Steve Cohen, Hasan Abbas, Hussain Haqqani (long before he became the present Pakistani Ambassador), and especially Ian Talbot’s updated history of Pakistan.

I think that all of them would agree that, while there were a lot of things wrong in Pakistan during the years leading up to the 1999 military takeover, Pakistan was not a failed state as we normally define such states. I am on record as stating publicly that, having come to Pakistan from Liberia a year before the takeover, I had a pretty good idea of what failed states look like, and it was not one. [emphasis added]

McCain, talking about energy policy, stresses the importance of "ensuring that America is secure, and not dependent on oil from people like Hugo Chavez or other parts of the Middle East which is, we know, could be destabilized under certain sets of circumstances." [emphasis added]

Acts of courage like theirs happen everywhere American troops serve. They are happening right now. I know that—so does my family. My father served in Vietnam, my brother served in the Coast Guard, my husband just returned from Operation Iraqi Freedom. We served because we believe in this great nation and the opportunities it has given us. And because our service members support us, we must always keep the faith with them.

The administration of George Bush—supported by John McCain every step of the way—has let our warriors down. Our troops are courageous, strong and fierce. This administration has re-deployed them until they are overstretched, stressed and strained.

Our warriors should fight in Afghanistan where al-Qaida and the Taliban are on the offensive.

But instead of destroying the enemies who attacked us on 9/11, we have diverted our military might to Iraq, which had nothing to do with 9/11. When our warriors come home they deserve the best VA medical care, but too often they get bureaucracy, not benefits. They find inadequate access, inferior facilities and infuriating paperwork.

And now, John McCain wants to ration care. Under his plan, the VA will serve combat injuries, but everyone else gets an insurance card. Barack Obama and the Democrats have a different idea. Barack Obama will live up to their tradition of honor and sacrifice. Barack Obama will use war not as a first choice, but a last resort. Barack Obama understands that for a commander-in-chief to support the military, he needs more than a “Mission Accomplished” banner, more than wearing a borrowed flight suit, and definitely more than four more years of the same failed foreign policy.

President Obama will restore the might of the military, invest in our troops and only send our sons and daughters to war if they have a clearly defined mission and the tools they need to succeed.

I speak from more than a gut feeling on this. I know Barack Obama. I met him when he visited me and other wounded troops at Walter Reed. He came without reporters. He wasn’t looking for credit. He just cared about how we were doing. He knew that wherever you stand on the war, you must love the warrior, and he does.

I testified before his committee; I listened to him talk, but then I watched what he did and how he voted. As a Senator, Barack Obama worked to improve the lives of all our veterans. He fought to fix our rundown hospitals. He fought to cut through the red tape. Unlike John McCain, Barack Obama fought for a new GI bill—and won—so that every veteran has the same opportunity to pursue their American dream just like his grandfather had after World War II. So I know what he’ll do as president.

An America with President Obama will have a 21st century VA. He’ll improve access to health care. He’ll speed up disability claims. He’ll increase services for nationwide post-traumatic stress disorder and traumatic brain injuries as we have already done in Illinois under Governor Blagojevich’s leadership.

And Barack Obama will have a simple principle for homeless veterans: zero tolerance, because we are all dishonored when those who’ve worn the uniform sleep on our streets. But here’s what he won’t do: President Obama will reject John McCain’s plan to privatize the VA system. We won’t force veterans to search for medical care with nothing but a plastic card and the promise of payment. We won’t have means testing for access to the VA. Why? Because Barack Obama knows this: no one asked us where we lived or how much money we had when we enlisted, and no one should ask us that after we’ve bled for our country.

Fellow Democrats, fellow Americans: I believe in this nation that I love more than my own life.

Today we have an opportunity to honor our military men and women by living up to that soldier’s creed. Today we have an opportunity to give our veterans the benefits they rightfully earned. Today we have the opportunity to change our relations with the world.

I believe that America will elect the leader who has always fought to keep our nation’s promise to our veterans. I believe America will elect the leader who can best keep this nation strong.

Barack Obama is right for our military. Barack Obama is right for our veterans. Barack Obama is right for our country. And that’s why Barack Obama will be our next commander-in-chief.

God bless you, and always, God bless America.

In 2004, we came so close to victory. We are even closer now, and let me tell you, this time we’re going to win. Today, the call for change is more powerful than ever, and with more seats in Congress, with more people with more passion engaged in our politics, and with a President Obama, we stand on the brink of the greatest opportunity of our generation to move this country forward.

The stakes could not be higher, because we do know what a McCain administration would look like: just like the past, just like George Bush. And this country can’t afford a third Bush term. Just think: John McCain voted with George Bush 90 percent of the time. Ninety percent of George Bush is just more than we can take.

Never in modern history has an administration squandered American power so recklessly. Never has strategy been so replaced by ideology. Never has extremism so crowded out common sense and fundamental American values. Never has short-term partisan politics so depleted the strength of America’s bipartisan foreign policy.

George Bush, with John McCain at his side, promised to spread freedom but delivered the wrong war in the wrong place at the wrong time. They misread the threat and misled the country. Instead of freedom, it’s Hamas, Hezbollah, the Taliban and dictators everywhere that are on the march. North Korea has more bombs, and Iran is defiantly chasing one.

Our mission is to restore America’s influence and position in the world. We must use all the weapons in our arsenal, above all, our values. President Obama and Vice President Biden will shut down Guantanamo, respect the Constitution, and make clear once and for all, the United States of America does not torture, not now, not ever.

We must listen and lead by example because even a nation as powerful as the United States needs some friends in this world. We need a leader who understands all our security challenges, not just bombs and guns, but global warming, global terror and global AIDS. And Barack Obama understands there is no way for America to be secure until we create clean energy here at home, not with a little more oil in five, 10 or 20 years, but with an energy revolution starting right now.

I have known and been friends with John McCain for almost 22 years. But every day now I learn something new about candidate McCain. To those who still believe in the myth of a maverick instead of the reality of a politician, I say, let’s compare Senator McCain to candidate McCain.

Candidate McCain now supports the wartime tax cuts that Senator McCain once denounced as immoral. Candidate McCain criticizes Senator McCain’s own climate change bill. Candidate McCain says he would now vote against the immigration bill that Senator McCain wrote. Are you kidding? Talk about being for it before you’re against it.

Let me tell you, before he ever debates Barack Obama, John McCain should finish the debate with himself. And what’s more, Senator McCain, who once railed against the smears of Karl Rove when he was the target, has morphed into candidate McCain who is using the same “Rove” tactics and the same “Rove” staff to repeat the same old politics of fear and smear. Well, not this year, not this time. The Rove-McCain tactics are old and outworn, and America will reject them in 2008.

So remember, when we choose a commander-in-chief this November, we are electing judgment and character, not years in the Senate or years on this earth. Time and again, Barack Obama has seen farther, thought harder, and listened better. And time and again, Barack Obama has been proven right.

When John McCain stood on the deck of an aircraft carrier just three months after 9/11 and proclaimed, “Next up, Baghdad!”, Barack Obama saw, even then, “an occupation of “undetermined length, undetermined cost, undetermined consequences” that would “only fan the flames of the Middle East.” Well, guess what? Mission accomplished.

So who can we trust to keep America safe? When Barack Obama promised to honor the best traditions of both parties and talk to our enemies, John McCain scoffed. George Bush called it “the soft comfort of appeasement.” But today, Bush’s diplomats are doing exactly what Obama said: talking with Iran.

So who can we trust to keep America safe? When democracy rolled out of Russia, and the tanks rolled into Georgia, we saw John McCain respond immediately with the outdated thinking of the Cold War. Barack Obama responded like a statesman of the 21st century.

So who can we trust to keep America safe? When we called for a timetable to make Iraqis stand up for Iraq and bring our heroes home, John McCain called it “cut and run.” But today, even President Bush has seen the light. He and Prime Minister Maliki agree on – guess what? – a timetable.

So who can we trust to keep America safe? The McCain-Bush Republicans have been wrong again and again and again. And they know they will lose on the issues. So, the candidate who once promised a “contest of ideas,” now has nothing left but personal attacks. How insulting to suggest that those who question the mission, question the troops. How pathetic to suggest that those who question a failed policy doubt America itself. How desperate to tell the son of a single mother who chose community service over money and privilege that he doesn’t put America first.

No one can question Barack Obama’s patriotism. Like all of us, he was taught what it means to be an American by his family: his grandmother who worked on a bomber assembly line in World War II, his grandfather who marched in Patton’s army, and his great uncle who enlisted in the army right out of high school at the height of the war. And on a spring day in 1945, he helped liberate one of the concentration camps at Buchenwald.

Ladies and gentlemen, Barack Obama’s uncle is here with us tonight. Please join me in saluting this American hero, Charlie Payne. Charlie, your nephew, Barack Obama, will end this politics of distortion and division. He will be a president who seeks not to perfect the lies of Swift boating, but to end them once and for all.

This election is a chance for America to tell the merchants of fear and division: you don’t decide who loves this country; you don’t decide who is a patriot; you don’t decide whose service counts and whose doesn’t.

Four years ago I said, and I say it again tonight, that the flag doesn’t belong to any ideology. It doesn’t belong to any political party. It is an enduring symbol of our nation, and it belongs to all the American people. After all, patriotism is not love of power or some cheap trick to win votes; patriotism is love of country.

Years ago when we protested a war, people would weigh in against us saying, “My country right or wrong.” Our answer? Absolutely, my country right or wrong. When right, keep it right. When wrong, make it right. Sometimes loving your country demands you must tell the truth to power.

This is one of those times, and Barack Obama is telling those truths.

In closing, let me say, I will always remember how we stood together in 2004, not just in a campaign, but for a cause. Now again we stand together in the ranks, ready to fight. The choice is clear; our cause is just; and now is our time to make Barack Obama the next President of the United States.

Thank you.

I could not vote in the United States, but for 20 years as a member of the U.S. Coast Guard, I served the United States. Like others who have worn the uniform, I know what it is like to serve in harm’s way—you need the right leadership, the right equipment. And I know that after eight years of George Bush, our military cannot afford being overstretched and underequipped. And John McCain is more of the same.

Our military cannot afford more of the same. They need a Commander-in-Chief Barack Obama who had the judgment to oppose the Iraq war from the start and is determined to end the war and bring our troops home and win the fight against the terrorists who attacked us on 9/11.

I know how hard it is to serve your country while raising your family, in my case, a daughter and stepdaughter. At times, duty took me away. Other times, I stayed at home when my husband, David, also in the Coast Guard, deployed overseas. And I know that after eight years of George Bush, our military families cannot afford the long, repeat deployments and short visits home. And John McCain is more of the same.

Our military families need a change. They need a Commander-in-Chief Barack Obama who will ease the burdens on their families, support spouses back home and ensure that military paychecks can support military families.

Barack Obama is the change we need. Now that both my husband and I are retired, we know it is not enough for a president to simply be a veteran; we need a president who truly serves veterans.

We cannot afford John McCain. He thought a new GI Bill for today’s veterans was too generous. He wants to limit health care at the VA to only combat injuries.

We need a commander-in-chief Barack Obama committed to a world-class education and affordable health care for every veteran. As a veteran, I know something else—true patriots, like Barack Obama, never challenge the patriotism of others for political gain.

For America, the stakes are high. For us veterans, the choice is clear. We need Barack Obama as the next commander-in-chief, the next President of the United States of America.

Thank you, gracias.

In high school, I won the Rocky Mountain Empire Award for reciting, in alphabetical order, the 51 members of the United Nations. Back then, the task was not so hard, but the world now is more fragmented, with more countries, multiple centers of power and many sources of danger. We have learned that American foreign policy is not foreign anymore.

Overseas problems, if unaddressed, inevitably come home to America. They affect the lives of our fighting men and women; the size of our pay checks; the security of our borders; the health of our environment; and the ability of our families to work and play free from the threat of terror.

We cannot afford four more years like the past eight years—policies that embolden our enemies, undermine our economy, and place an unfair burden on the heroes of our armed forces. John McCain asks that we trust Republicans to safeguard our national security. To which we can only reply: why would we?

The Bush-Cheney decision to invade Iraq was an assault advertised as a strike against terror that distracted from the fight against terror, and a blow aimed at extremists that strengthened radicals. Senator McCain says that American troops should remain in Iraq perhaps as long as they have been stationed in Korea and Japan, as if there were no difference in history, religion or culture between our friends in Asia and those in the Middle East.

Senator McCain claims to already know everything a president needs to know, but the first qualification any leader needs to have is the ability to learn. We need a president who is not wedded to 20th century thinking, who can forge a network of power and principle that will keep America strong and safe in the 21st century.

On Inauguration Day, President Barack Obama will speak to the generation now coming of age.

He will summon all to a new era where technology is harnessed to improve people’s lives; where partnerships are forged to address global challenges; where democracy is promoted, not imposed; and where alliances are strengthened to turn back the tides of intolerance and hate.

No president can be expected to solve every problem, but Senator Obama has already shown that he has the toughness and good judgment needed to confront our enemies without alienating friends; to defeat the practitioners of terror without creating more terrorists; and to demonstrate that the American dream still has meaning for people everywhere.

Senator Obama speaks to our hopes, to our belief in ourselves, to the future and to the better angels of our nature. With his superb choice for vice president, Senator Joe Biden, he will keep our country secure while returning it to its rightful place as the world’s most respected champion of law, prosperity and peace.

This year’s election is among the most critical in our nation’s history. We cannot afford once again to make the wrong choice or to be taken in by the politics of fear. With our help, Barack Obama and Joe Biden will win in November, and so will America. Barack Obama will work hard every day as our president. So let us work hard every day to see that he has that chance.

Thank you very much, and God bless.

One day, my gunner said to me, “Sir, what are we doing here?” Baghdad was a stop on a journey that began for me 15 years ago when I first put on the uniform of the United States Army. My journey took me from ROTC cadet to West Point professor to captain in the 82nd Airborne Division and eventually to the United States Congress. For me, a blue-collar kid from a row house in northeast Philadelphia, this was the chance to not only serve the country I love, but to live the American dream.

When I returned from Iraq, I realized we didn’t just need change over there, we also needed to change how we treat our veterans here at home. For eight long years, we’ve had a president who rushed to stand with soldiers at political rallies but abandoned them at Walter Reed. We’ve had a president who spent billions on private contractors but not on body armor for our troops. We’ve had a president who was there for the photo ops, but AWOL when it came to doing right by our veterans. It is time for a change.

In the Army, we have a saying: “Lead, follow or get out of the way.” It is time for a president who leads. And it’s time for a commander-in-chief who knows that leadership means serving our troops as well as they serve our country.

Barack Obama will be that commander-in-chief. With a grandfather who marched in General Patton’s army, Senator Obama understands the needs of our nation and our military. That’s why he led the fight to end the injustice at Walter Reed and end homelessness among our veterans. That’s why he led the fight to make sure that returning veterans get the mental health care they deserve. And that’s why I am proud to stand with him as he leads the fight for a smarter and tougher foreign policy, so that we can finally end the war in Iraq, go after the terrorists who attacked us on 9/11 and defeat them where they are strongest, in Afghanistan.

Our brave men and women in uniform and our great country cannot afford more of the same. It is time for the change our troops, our veterans and our country need. It is time for Barack Obama.

I was proud to serve my country as a noncommissioned officer in the greatest army in the world. And for the last five of those years, I served as the Ninth Command Sergeant Major of the Army Reserve, representing all enlisted men and women in the Army Reserve and their families within the Department of the Army and Department of Defense, and before Congress and the media.

It is without hesitation, and with much conviction, that I endorse Senator Barack Obama for President of the United States of America. I am endorsing Senator Obama because I believe he is the best, most qualified and able candidate to serve as my commander-in-chief. He is the type of commander-in-chief that America’s soldiers need and deserve. Barack Obama will bring America the change we need.

Senator Obama’s record speaks for itself, supporting America’s soldiers and families in every stage of their service. And he’ll continue to make sure that the men and women risking their lives for us in Iraq, Afghanistan, around the world and here at home have the equipment, training and resources they need to accomplish their mission.

Senator Obama understands veterans and our needs—all veterans, active and reserve—and knows the differences between the two. He’ll fully fund the VA, so all our returning heroes get the quality care they deserve. And when it comes to the national shame of too many homeless veterans, Barack Obama has one simple policy: Zero tolerance.

Senator Obama truly exemplifies what a commander-in-chief should be: a leader who understands the threats we face and who cares for every young man and woman under his command.

I first became impressed with Senator Obama when he took the time to call a young soldier who was unable to complete his initial training, not because he was injured but because he was terminally ill with brain cancer. Senator Obama did not do it for the publicity or a photo op.

He did it because I asked, and he did it because he cared.

America’s service men and women need a president and a commander-in-chief with the courage to serve, the gift to lead and the ability to get things done. That president is Barack Obama.

Ladies and gentlemen, God bless each and every one of you. God bless Senator and Mrs. Obama. And God bless America.

Wars were funded by, impossible without, and usually fought over oil. Japan’s attack on Pearl Harbor, the Nazi invasion of Russia, Iraq’s invasion of Kuwait, and countless other conflicts have been based in whole or in part on the world’s addiction to oil. Even today, dictators and authoritarians from Venezuela to Russia, from Sudan to North Korea, base their actions—and their power to oppress their citizens and threaten their neighbors—solely on access to or sale of oil on the world market.

Since the turn of the new century, those hard facts have come home to America in the most vicious way. Attacked at home by oil-funded terrorists, at war abroad with oil-funded insurgents, threatened in global markets and faced with acquisition of our industrial base by oil-funded multinationals, we must defend America or face her utter destruction.

If we continue to follow this slippery, oil-slicked, downward-winding path, our citizens will shiver in darkness as our resources hemorrhage to Third World thugs whose only virtue is their control of petroleum-based energy.

These threats are real, they are immediate, and they are potentially overwhelming. And the saddest part, the most terrible irony, is that we finance them every time we pump gas or pay utility bills.

The threats are not new, nor is their solution. President Carter warned us about it in the 1970s when he proposed real solutions—conservation, fuel efficiency, and alternative fuels—to what he correctly named the “moral equivalent of war.” His proposals were ridiculed by Republicans who forgot that both Presidents Nixon and Ford had joined him in calling for America’s energy independence.

That bipartisanship, however, became partisan as this nation entered an era of oil industry dominance when, for the 28 years since 1980 except for the Clinton presidency, former oil industry executives have been president or vice president of the United States and indeed, for the past eight years, have filled both offices at once.

For the past eight years, the man in the Oval Office has tipped his hat over his eyes, kicked back his chair, and snoozed at his desk. Charged with protecting our national interests, he slept on duty while his vice president conspired with oil industry cronies. Tasked with cutting off funding to terrorists, he slept on duty while oil shortages worsened, oil prices soared, and dollars by the ton were delivered to terrorists’ banks in Iran, Saudi Arabia, and Venezuela. Faced with a new kind of war, this president and his vice president helped their friends the old-fashioned way:

through war profiteering, tax cuts for billionaires, and in many cases out-and-out corruption.

There are honest answers to the problems we face, but they call for hard solutions and common sacrifices, the kind of sacrifices that this administration has only asked the American people to bear when it lined the pockets of the obscenely rich.

There’s an answer, but only if someone will speak truth to power.

There’s an answer, but only if someone will unite Americans to share common burdens to reach common goals.

There’s an answer, but only if someone has the values, the virtues, and the vision to lead us through these troubled waters to that beckoning shore.

There’s an answer. There’s a man. Barack Obama.

Barack Obama is unique. So are we all. Each of us brings to the world our own strengths and weaknesses.

What qualities then, have earned him our support for the highest executive office? Even his opponents agree Senator Obama is smart and thoughtful. His biography proves he’s committed to basic American values like hard work and fair play, and that he is honest and forthright. He articulates a vision of energy independence that is comprehensive and based on sound science and sound policies, science we know will work.

These policies include the answers we discussed at our energy summit in Las Vegas last week: wind, geothermal, and solar power generation and the development of efficient power transmission. Even more importantly, they include conservation measures ignored and indeed ridiculed by the current administration: smarter vehicles, more efficient and accessible mass transit, energy-effective building codes, and retrofitting all have their place in Senator Obama’s vision of an energy-smart America.

But John McCain has a vision too, which in fairness I must address.

When doctors screen out the quack nostrums and phony remedies we call snake oil, they use two fundamental principles: the maxim “first, do no harm” and the question “is it safe and effective?”

In Congress, as in medicine, when we are offered snake oil as a remedy for the nation’s energy ills, our question should be: “Is it safe and effective? Does it do more harm than good?”

Senator McCain and the Republicans have centered their answer to our vital energy needs on one solution: off-shore drilling. Senator McCain calls for it in every speech; his party has demagogued the issue in both houses of Congress.

So, is off-shore drilling energy policy or snake oil? Let’s review the facts. White House analysts, congressional analysts, and the oil industry all agree that off-shore drilling won’t add one drop to our energy pool for at least ten years. The way things are going now, in another ten years we won’t need more oil; nobody will be able to afford it.

T. Boone Pickens said it right: “We can’t drill our way out of this crisis.”

But even if Doc McCain’s magic off-shore oil elixir won’t work, will it do any harm?

The answer is, we just don’t know, and neither does he. It might not ruin tourism in the Gulf or on the California coast. It might not destroy vital fisheries. It might not pollute our waterways.

Nobody really knows. But kindly old Doc McCain would like to sell it to you anyway.

The simple fact is that the promise of more oil isn’t part of the solution; it’s part of the problem. At best this is an 18th century answer to a 21st century crisis; at worst it’s pure baloney.

There are no quick and easy answers here, folks. For over a quarter of a century, the Republicans have sold their magic beans with a promise of a giant beanstalk and gold over the horizon. Look what they’ve done to our country. Look what they’ve done to our planet.

It is time to bring our nation back to reality. It is time for an energy policy that recognizes national security means ending dependence on oil and that the future is about new ideas and change for the better, not snake oil and quackery.

It is time for recognition that threats to our planet are threats to our great country.

It is time to understand that in the long run, indeed in the short run, we must wean ourselves of addiction to oil.

It is time, my friends, to elect Barack Obama as President of the United States.

I carry the people of West Virginia with me every day in my fight for good jobs, health care, veterans and our national security. And tonight, we’re all proud to stand with two patriots with the judgment and courage to face down the threats of the 21st century: The next vice president, Joe Biden and the next President of the United States, Barack Obama.

As chairman of the Senate Intelligence Committee, I have learned a lot about the nature and identity of our enemies. I have seen the intelligence up close. And I can tell you that the threats we face are real and growing. Make no mistake: Our adversaries are determined, malicious and seek the most destructive weapons possible. We are threatened by loose nuclear weapons, terrorist sleeper cells, suicide bombers, cyber-attacks and bioterrorism. And our strength is profoundly undermined by our reliance on unstable regimes for foreign oil.

The grim reality is that eight years of ineffective leadership in the White House has compromised our national security and made America more vulnerable. I have seen the failures of Bush/Cheney up close. We cannot afford even one more day of ideological decision-making, politicizing intelligence, bungling diplomacy and obsolete thinking. And we cannot afford to keep sending our troops to fight tour after tour of duty in Iraq while we are distracted from the fight against al-Qaida.

Our military is amazing and unmatched. Our courageous men and women in uniform will always prevail on the battlefield. But they deserve a commander-in-chief who will give them a clear mission. We need a smart, tough, 21st century approach to national security.

Our next president will inherit a long list of challenges: war in Iraq and Afghanistan, global confrontation with al-Qaida, the re-emergence of a belligerent Russia and the wholly unacceptable nuclear ambitions of Iran. And I ask you, shouldn’t we have captured Osama bin Laden by now?

The American people deserve a leader who can forge strategic alliances where America leads, and others follow. Barack Obama is that leader. We need a leader who will re-establish America as an energy superpower by pursuing every resource at our disposal: alternative fuels, drilling and our most abundant domestic resource, tomorrow’s clean coal.

And it is time for Americans to have a leader who will tell them the truth about the challenges we face and trust them to rise together to clear any hurdle, fight any enemy and win any battle. Barack Obama is that leader.

We need a leader who sees the world as it is and will be, not as it was several decades ago. We need a leader who will finally end the war in Iraq responsibly, so we can focus on the threats of the 21st century. Barack Obama is that leader.

In the Senate, I have worked closely with Barack Obama. And I can tell you that this man, at this moment, is exactly the strong steady hand that America needs. He understands the use of force to defeat terror. He understands the role of a strong military with up-to-date weapons and intelligence. And he will command our armed forces the right way, and win.

And Barack Obama also understands that our nation is strongest abroad when we are strongest here at home. He understands that when our democracy thrives, our economy booms and our homeland is secure. America is unstoppable.

John McCain has served this country with honor. But his refusal to change course even in the face of the failed policies of Bush-Cheney is reckless and will not keep us safe. John McCain views the world through Cold War glasses. He does not see the complexity of counterterrorism in a new century.

Barack Obama’s vision is clear. Barack Obama understands that no challenge is without a solution because we are America. We are the toughest, hardest-working people in the world. We are a nation of problem solvers and with Barack Obama as our president, we will prevail.

Thank you. God bless you, and God bless America.

The Coast Guard’s motto is simple yet forceful: “semper paratus,” meaning “always ready.”

And our Coast Guard is “always ready.” Unfortunately, when it comes to our national security, the Bush Administration is not always ready. In fact, their failed policies, which Senator McCain supports, have left us woefully unprepared to confront the dangers of a post-9/11 world.

Was the Bush Administration ready to fight the right war on terror in Afghanistan in pursuit of those who did our nation harm? No. Was the Bush Administration ready to prevent the civil war in Iraq resulting from a disastrous invasion? No. Was the Bush Administration ready to contain a resurgent Russia? No.

And now look at our world: Georgia is in ruins. The Taliban is rejuvenated in Afghanistan.

Pakistan is unstable. Iran is a growing threat. Russian aggression is on the rise. And, new democratic movements in the Ukraine and other nations are at risk, all because the Bush Administration was not ready.

America’s influence in the world is reduced, and the threats to our nation are even greater. And, incredibly, Senator McCain wants to continue the failed policies that got us here. We cannot afford eight more years of failure. We need real change, and we can vote for real change by voting for Barack Obama and Joe Biden.

Rather than pursuing a Bush-McCain “go it alone” strategy in Iraq, they will bring everyone to the table and end this war, without destabilizing the region. Senator Obama knows today’s problems require bipartisan, pragmatic solutions. He teamed with Republican Senator Lugar to fight the proliferation of nuclear weapons. He recommended that we draw down our troops in Iraq to strengthen our presence in Afghanistan, a policy the Bush Administration is now pursuing.

And, importantly, he understands that the greatest threats to our national security come from failure—failure to be “always ready,” failure to understand the dynamics of the world stage in the 21st century and, most of all, the failure to properly educate all of our children.

Barack Obama and Joe Biden are ready to lead. They are tested, and they are proven, and they will bring us the change we need and the America we deserve. Under their leadership, America, like its Coast Guard, will always be ready.

But today I have traveled from my home in New Hampshire to declare myself a proud member of the Democratic Party and to endorse Barack Obama for President of the United States. Why? Because the Republican Party I once knew has become something different, something I no longer recognize. The “Grand Old Party” is no longer grand. It’s just old. The same old, failed policies. The same, old Washington culture.

Instead of new ideas and innovation, they offer trillion-dollar tax breaks for the very rich at the expense of the middle class, a deficit out of control and a government unable to help its most vulnerable citizens after Hurricane Katrina. Instead of inspiring the world with the power of American ideals, they offer war as a first resort, an overstretched military, justification for torture and trampling of civil liberties.

From the invasion of Iraq to the devastation of Katrina, I see arrogance abroad and incompetence at home. And I simply cannot tolerate, and America simply can’t afford, more of the same. Any other time, I might have given up on politics, convinced that nothing would ever change. But this year, a new leader offers the change we need.

Barack Obama’s ideas and ideals are not tired and old. They are rooted in the timeless values that define our great nation: unity, optimism, faith. He is a leader who challenges us to put aside old divisions of party and region and race and unite around a common purpose. A leader who will replace the old politics of special-interest influence with fiscal responsibility and shared prosperity, including freedom from the tyranny of foreign oil.

A leader who as commander-in-chief will keep our military strong, stop spending $10 billion a month in Iraq, start bringing our troops home responsibly, and win the war against those who attacked us on 9/11.

As an old Navy veteran, I know change isn’t always easy. But sometimes it’s necessary. And this is such a time. In Barack Obama I see judgment, character, courage, and principle over politics and partisanship. In Barack Obama, I see the change America needs.