Every 4 years, we gather on these steps to carry out the orderly and peaceful transfer of power, and we are grateful to President Obama and First Lady Michelle Obama for their gracious aid throughout this transition. They have been magnificent. Thank you.

In almost any country, probably in Russia in particular, it's fashionable to criticise people in power. If you come out in support of someone like me, you're going to be accused of trying to ingratiate yourself.

All see, and most admire, the glare which hovers round the external trappings of elevated office. To me there is nothing in it, beyond the lustre which may be reflected from its connection with a power of promoting human felicity.

We need to exert ourselves that much more, and break out of the vicious cycle of dependence imposed on us by the financially powerful: those in command of immense market power and those who dare to fashion the world in their own image.

We must work together to ensure the equitable distribution of wealth, opportunity and power in our society.

No power on this earth can destroy the thirst for human dignity.