second term as president of the united states. [cheers and applause] [chanting] >> now, governor romney is a patriotic american. he has raised a wonderful family, and he has much to be proud of. he runs a large financial firm,

but i think he has learned the wrong lessons from these experiences. he sincerely believes that ceos and wealthy investors like him make money, the rest of us will automatically prosper well. when a woman in iowa shares the story of her financial struggles he responded with financial theory. he said hour productivity equals our income. let me tell you something, virginia, the problem with our economy is not that the american people aren't productive enough. you've never worked harder in your lives. you're working harder than ever. the challenge we face right now--the challenge we faced for

over a decade is harder work and higher incomes. it's bigger profits have not led to better jobs. governor romney does not seem to get that. he doesn't seem to understand that maximizing profits by whatever means necessary, whether it's your layoffs, joys sourcing, union busting, might not always be good for the average american or for our economy. why else would he want to spend trillions more on tax cuts for the wealthiest americans. why else would he propose cutting his own taxes while raising them on 18 million working families? why else would want to slash the investments that have always helped the economy grow while at the same time stopping regulation of the refreshingless

behavior on wall street that helped make the economy crash? some how he and his friends in congress think that the same bad ideas will lead to a different result. or they're just hoping that you won't remember what happened the last time it went their way. [cheers and applause] virginia, i'm here to say that we were there. we remember, and we're not going back. we're moving this country forward. [cheers and applause] we remember. we want businesses to succeed.

we want entrepreneurs and investors to be rewarded when they take risks, create jobs and grow our economy. but the true measure of our prosperity is more than a running tally of every balance sheet and quarter profit report. i don't care how many ways you try to explain it, corporations aren't people! people are people! [cheering] we measure prosperity, not just by our total gtp, not by how many malibu narrows we produce, but if families can go as far as their dreams and hard work will take them. we understand that in this country people succeed when they have a chance to get a decent education and learn new skills. [cheering]

by the way so do the businesses that hire those pieces, or the companies that those people start. [applause] we know that our economy grows when we support medical research and technology that leads to the new interpret app or life-saving drug. we know our country is stronger when we can count on affordable healthcare and medicare and social security. when we can keep our kids from industry pollution and there are rules to keep us from being taken advantage of by credit card lenders or mortgage lenders, when it's good for business, good more the marketplace, it's good more

america! [applause] plus we don't expect government to solve all our problems. and we shouldn't try. i learned from my mom that no amount of education can take the place of a parent's love and attention, sometimes getting in your face and telling you what you need to do. as a young man i worked with catholic churches who taught me that no program can take the place of the kindness and commitment of a caring soul. not every regulation is smart. not every tax dollar is spent wisely. not every person can be helped

who refuses to help themselves. that's what we believe. people have to make an effort. people have to try hard. but, that's not an excuse to tell the vast majority of responsible, hard-working americans you're on your own. unless you're lucky enough to have parents who can lend you the money, you cannot go to college. even if you pay your premiums every month, you're out of luck if an insurance company decides to drop your comfortable when cu need it most. that's not america. that's not who we are. we built this country together. we built railroads and highways, the hoover dam, the golden gate bridge together.

we sent my grandfather's generation to college on the g.i. bill together. [applause] we instituted a minimum wage and work safety laws together. together we touched the surface of the moment. unlocked the mystery of the atoms, and we did these things not because they benefited any particular group or individual, but because they made us all richer, because they gave us all opportunity, because they moved us forward together as one nation, as one people! that's the lesson of our past! that's the right lesson for our future! that's why i'm running for president of the united states of america! [cheers and applause]

[audience chanting] >> i'm running--i'm running to make sure that by the end of this decade more our citizens hold college degrees more than any other nation on earth. [applause] i want to help our schools hire and reward the best teachers, especially in math and science. [applause] i want to give 2 million more americans a chance to go to community colleges and learn a skill that local businesses are looking for right now. because in the 21st century, a higher education can be a luxury. it's an economic imperative that every american should be able to

afford. that's the choice in this election. that's why i'm running for president. i'm running to make sure that the next generation of high tech manufacturing takes root in places like richmond, columbus, pittsburgh. [cheering] i want to start rewarding businesses that ship profits and jobs overseas. i want to keep them right here in the united states of america. [applause] i am running so we can run our own dependence on energy. our dependence on foreign oil is at its lowest point in 16 years. by the middle of the next decade

our cars will average nearly 55 miles per gallon. [cheering] it will save you money. thousands of americans have jobs because of the production of renewable energy solar wind, fuels, it has nearly doubled in just three years. now is not the time to cut athletes investments to pay for another $4 billion give away to the oil companies. now is the time to end the subsidies for an industry that is never been more profitable. let's double down on a clean energy future that has never been more promising for our security, and for the safety of our planet. that's why i'm running, virginia! [applause] for the first time in nine years

there are no americans fighting in iraq. [applause] osama bin laden is no longer a threat to this country. [applause] al-qaida is on the path of defeat. by 2014 the war in afghanistan will be over. [applause] america is safer and more respected because the courage and selflessness of the united states armed forces. a lot of them from virginia. a lot of folks right here in virginia putting on that uniform, serving on our behalf. as long as i'm commander in chief this country will care for

our veterans! [applause] because nobody fights for this country should have to fight for a job or a roof over their head when they come back home. [applause] my opponent has different ideas. my opponent has a different view. he said it was, quote, tragic to end the war in iraq. n. booing] he said he won't set a timeline for ending the war in afghanistan. [booing] well, i have. and i intend to keep that timeline. [cheering] after a decade ever war it has

cost us thousands of lives and over 1 trillion-dollar. the nation we need to build is right here. right here at home. so we're going to use half of what we're no longer spending on war to pay down the deficit. we'll use the other half to repair our roads and our bridges, and our airports, and our wireless networks. that's our choice in this election. that's why i'm running for president. [cheers and applause] i am running to pay down our debt in a way that's balanced and responsive. [applause] we inherited a 1 trillion-dollar deficit.

the other side doesn't like to be reminded of this. but that's okay. i signed 2 trillion-dollar of spending cuts. [applause] now i want to finish the job. by streamlining government and cutting more waste, and reforming our tax code so that it's simpler and that it's fairer, and that it asks the wealthiest americans to pay a little bit more. [applause]

a it will be paid for by a whole lot of you, a whole lot of ordinary americans. virginia, i refuse to let that happen again. [cheers and applause] i refuse to let that happen again. i refuse to pay for another millionaires' tax cut by eliminating medical research projects on things like cancer and alzheimer's. i refuse to pay for another tax cut by kicking kids off of the headstart program or eliminating health insurance for millions of poor and elderly and disabled americans on medicaid. we are not going to do that. as long as i am president of the united states, i will never

allow medicare to be turned into a voucher that would end the program as we know it. [applause] we are not going to go back to the days when our citizens spent their golden years at the mercy of private insurance companies. we will reform medicare not shifting the cost to seniors but by reducing the spending that is not making people healthier. that is the right way to do it. that is what is at stake. on issue after issue, we just cannot afford to spend the next four years going backwards. if america does not need to read fight the battles we just had over wall street reform, health care reform.

here is what i know on health care reform. allowing 2.5 million young people to stay on their parent'' health insurance, that was the right thing to do. [cheers and applause] cutting prescription drug costs for seniors, that was the right thing to do. we are not going back to the days when insurance companies had unchecked power to cancel your policy or deny you coverage surcharge women differently than men. we're not going back to that. we certainly do not need in other political fight about ending a woman's right to choose. taking away access to affordable birth control. [cheers and applause] i want women to control their own health choices.

[cheers and applause] just like the one my daughters to have the same opportunities as your son. we are not turning back the clock. we are not returning to the days when you can be kicked out of the united states military because of you you are and who you love. we are not going back to that. that would be wrong for our national security. it would be a betrayal of our values. it will not happen on my watch. [cheers and applause] this should be the last election where multimillion-dollar donations speak louder than the

voices of ordinary citizens. we need more checks on special interests and lobbyists, not fewer checks on them. we are not going to eliminate the epa. we are not going to roll back the bargaining rights of generations of workers. it is time to stop denying citizenship to responsible young people just because they are the children of undocumented workers. [cheers and applause] this country is at its best when we harness the god-given talents of every individual. when we hear every voice. and when we come together as one american family striving for

the same dream. that is what we are fighting for. a bold america. a competitive america. a forward looking america where everybody has the chance to make of their life what they will. that is what made us the envy of the world. that is what makes us great. that is why i am running again for president of the united states. [cheers and applause] virginia, that is why i need your help. you know, this election will be even closer than the last. to many of our friends and neighbors are still hurting because of this crisis. i have heard from too many people who have been wondering why they have not been able to get one of the jobs that have been created.

while a family has not yet been touched by the recovery. the other side will not be offering these americans any real answers to those questions. they will not be offering a better vision. they will not be offering new ideas. what they will do is spend more money than we have ever seen before. all on negative ads on tv and radio, in the mail, on the internet. as they exploit people pose a frustration for my opponent's political gain. they will tell you america is down and out. they will tell you who to blame.

they will ask if you were better off than you were before the worst crisis of our lifetime. we have seen the play before. we know what they expect. but you know what, the question that will actually make a difference in your life in the lives of your children is not just about how we are doing today. it is how we will be doing tomorrow. will we be better off if more americans get a better education? will we be better off if we depend less on foreign oil and more on our own ingenuity? will we be better off if we start doing some nation- building at home? will we be doing -- will we be better off if we bring down our deficits and responsible way

without gutting the very things we need to grow? when we look back 10 years from now or 20 years from now, will be be better off if we have the courage to keep moving forward? [applause] and that is the question in this election. that outcome is entirely up to you. you know, we are going to have to contend with even more negative ads, more cynicism, more nastiness, and sometimes plain foolishness. it will be worse than we saw in the last campaign. we know because we have seen some of the foolishness over the last three and a half years. but if there is one thing we learned in 2008, it is that nothing is more powerful than

the millions of voices calling for change. [cheers and applause] when enough of you knock on doors and enough of you pick up the phone when enough of you are talking to your friends and your co-workers, when you decide it is time for change to happen, guess what? change happens. change comes to america. va., that is the spirit we need again. when people ask you, what is this campaign about? you tell them that it is still about hope. it is still about change. you tell them it is still about ordinary people who believe in the face of great odds we can make a great difference in the country.

[cheers and applause] because i still believe -- i still believe that we are not as divided as our politics suggest. i think we have more in common than the pundits tell us. we are not democrats or republicans first, but we are americans first. [cheers and applause] i still believe that interview. -- i still believe in you. i am asking you to keep believing in me.

i told you in 2008 i was not a perfect man and i would never be a perfect president, i promised you that i would always tell you what i thought. i will always tell you where i stood. i would wake up every single day fighting for you as hard as i know how. i have kept that promise. i have kept that promise. i will keep it so long as i have the honor to be your president. if you are willing to stick with me and a fight with me and press on with me, if you are willing to work even harder and and this election than in the last election, i guarantee you we will move this country forward. we will finish what we started. we are still fired up.

we are still ready to go. we will reminded the world once more what it is the united states of america is the greatest nation on earth. thank you. god bless you. [cheers and applause] [cheers and applause]

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[captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> sunday, michael scheuer joins us to talk about the osama bin laden documents recovered in the raid last year. trey grayson talks about obama widening the gap in view of the voters. anthony foxx as well.

washington journal sunday at 7:00 eastern. this past week the executive commission on china held a meeting on the ongoing human rights abuses there. >> i really fear my other family members lives. they have installed seven video cameras. even an electric fence. now, he said, those security officers near my house -- we want to see what else cheng guangcheng can do, too.

the libertarian party on saturday elected former new mexico gov. gary johnson as their nominee an las vegas. he said his goal was to reach 15% in the polls to qualify for the presidential debate and at least 5% in november to secure funding in 2016. former california superior chief judge jim and gray was chosen as his vice president. >> i sat down with them afterwards and i then and there decided i had to vote for a libertarian party candidate.

one of the first things i loved about him when he came to san jose and we all went down to the airport and in those days you could go out to the tarmac, believe it or not. roger macbride came in on a rented played named the know force one. ed clark, has this guy not aged in 32 years? he is as good looking as ever and has set up here where it counts. he has been a delight to work with. he is supportive of the libertarian party. we have some procedures that i would like to read to you to indicate how we will select our presidential nominees. before you do that, please turn turn your cell phones off. jake over here will turn on your microphone so you can speak. of course, we are being covered

by c-span. we thank them for covering our convention. rule no. 7, nomination of candidates, no person shall be nominated for president or vice president unless at least 30 registered delegates join in the nomination in writing submitted by the chair. it no delegate may be joining in nominating more than one candidate for each office. fixing signatures is affected by the transfer of a signature tokens issued by the credentials committee. the party oppose the nominee for president will be chosen by a majority vote. if no candidate has obtained a

majority, the candidate with the fewest votes:less than 5% will be struck from subsequent balance -- ballots. until one candidate obtains a majority. each will calculate their total votes and the delegation chair -- the secretary shall declare the voting closed. at this point, the totals will be made by the delegation chairs in alphabetical order beginning with a randomly selected designation. vicearty nominee's for president shall be chosen in the same procedure. after nominations have been made but before voting has begun for the purpose of endorsing or rejecting too many vice-

presidential nominees. nominees for vice president shall close after the selection of the nominee. >> are we supposed to get a credentials committee report? >> is, we will. thank you very much. >> for president, a total of 16 minutes and four vice president a total of 11 minutes. at this point, if he would come to the podium and give us the updated credentials report for today.

>> thank you. good morning. before i give my report i would like to thank the credentials committee who are up here with me. joe coleman, scott leiberman, vicky kirkland, steve from ohio, and gary johnson from texas. thank you. thank you. working hard on your behalf. mr. chairman, as of 8:55 this morning there were 611 delegates and four alternates. there were registered and credential to cast 614 votes. majority 3 and 06, 2/3 to 08 and seven thirds 505.

i move to amend these roles of delegates to include these numbers. >> is there a second? are there any objections to accepting this report? hearing none, so move. >> thank you. in addition, we have that five people who have been added to the role of voters. they are dave walter from pennsylvania, a delegate for pennsylvania. nicholas miller from ohio, a delegate for michigan. cheryl smith from california, a delegate for ohio. jason thompson, a delegate for misery. on behalf of the committee i moved to add those people to the role of voters. it collects any objections to accepting these submissions.

hearing none. all right. the nominees. is there somebody to nominate a presidential candidates out there? there?