The liberty of a democracy is not safe if the people tolerated the growth of private power to a point where it becomes stronger than the democratic state itself. That in its essence is fascism: ownership of government by an individual, by a group, or any controlling private power.

In the councils of government we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.

Basic to our democratic civilization are the principles and convictions that have bound us together as a nation. Among these are personal liberty, human rights, and the dignity of man. All these have their roots in a deeply held religious faith -- in a belief in God.

Arbitrary power is most easily established on the ruins of liberty abused to licentiousness.

The disorders and miseries, which result, gradually incline the minds of men to seek security and repose in the absolute power of an individual; and sooner or later the chief of some prevailing faction, more able or more fortunate than his competitors, turns this disposition to the purposes of his own elevation, on the ruins of Public Liberty.

The United States stands at the pinnacle of world power. This is a solemn moment for the American democracy. For with primacy in power is joined an awe-inspiring accountability for the future.