Obama speech excerpts: "Eight is enough"
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"The fundamentals we use to measure economic strength are whether we are living up to that fundamental promise that has made this country great -- a promise that is the only reason I am standing here tonight."Skip to next paragraph
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"That's the promise we need to keep. That's the change we need right now. So let me spell out exactly what that change would mean if I am president. . . .
"Change means a tax code that doesn't reward the lobbyists who wrote it, but the American workers and small businesses who deserve it.
"Unlike John McCain, I will stop giving tax breaks to corporations that ship our jobs overseas, and I will start giving them to companies that create good jobs right here in America.
"I will eliminate capital gains taxes for the small businesses and the start-ups that will create the high-wage, high-tech jobs of tomorrow.
"I will cut taxes -- cut taxes -- for 95% of all working families. Because in an economy like this, the last thing we should do is raise taxes on the middle-class.
"And for the sake of our economy, our security, and the future of our planet, I will set a clear goal as President: in ten years, we will finally end our dependence on oil from the Middle East.
"Washington has been talking about our oil addiction for the last thirty years, and John McCain has been there for twenty-six of them. In that time, he's said no to higher fuel-efficiency standards for cars, no to investments in renewable energy, no to renewable fuels. And today, we import triple the amount of oil as the day that Senator McCain took office.
"Now is the time to end this addiction, and to understand that drilling is a stop-gap measure, not a long-term solution. Not even close.
"As President, I will tap our natural gas reserves, invest in clean coal technology, and find ways to safely harness nuclear power. I'll help our auto companies re-tool, so that the fuel-efficient cars of the future are built right here in America. I'll make it easier for the American people to afford these new cars. And I'll invest $150 billion over the next decade in affordable, renewable sources of energy -- wind power and solar power and the next generation of biofuels; an investment that will lead to new industries and five million new jobs that pay well and can't ever be outsourced."
"We are the party of Roosevelt. We are the party of Kennedy. So don't tell me that Democrats won't defend this country. Don't tell me that Democrats won't keep us safe. The Bush-McCain foreign policy has squandered the legacy that generations of Americans -- Democrats and Republicans -- have built, and we are to restore that legacy.
"As Commander-in-Chief, I will never hesitate to defend this nation, but I will only send our troops into harm's way with a clear mission and a sacred commitment to give them the equipment they need in battle and the care and benefits they deserve when they come home.
"I will end this war in Iraq responsibly, and finish the fight against Al Qaeda and the Taliban in Afghanistan. I will rebuild our military to meet future conflicts. But I will also renew the tough, direct diplomacy that can prevent Iran from obtaining nuclear weapons. I will build new partnerships to defeat the threats of the 21st century: terrorism and nuclear proliferation; poverty and genocide; climate change and disease. And I will restore our moral standing so that America is once more the last, best hope for all who are called to the cause of freedom, who long for lives of peace, and who yearn for a better future."