it is also an extraordinarily powerful country because it dominates a united continent, it has no continental enemies, it is not in the 100 some odd years have a domestic war to devastated to which almost differentiates us from all of the powers and therefore extremely wealthy. but we speak of all the crises of the united states that are serious but the fact remains the united states economy is larger than the next four economies combined, japan, china united kingdom and germany and combine all of them they're not quite as large as the american economy. we speak of the industrialization of the united states and that has happened america industrial put out 2. 8 trillion per year which means the american industrial output is only larger than the combined output of china and japan and it is utterly vital to understand the scale of the american economy. to begin to measure american power. is extremely important to understand that i will not call it orders of magnitude greater but the power of the united continent native to atlantic and pacific is extraordinarily more powerful than those of other

day, we are going to have the president of the african unit, and the main african organizations, and we will discuss the development of the continent, and the issue of hunger. [speaking italian] >> and i thank obama and express my warmest congratulations to him, this is coming from a person who has been long enough in international politics, to chair for the third time the summet, in 1994, 100 , --- 2001, and this is the third one. i want to thank h

relatively unpopulated and in a world of declining populations, the united nations -- denies states knows how to live in a continent with relatively few people and how to welcome immigrants very effectively. this is not a argument we are more virtuous than anybody that we are smarter than anybody it is simply a geographical fact we are in the right place at the right time. and it is an attempt to put things into perspective things that looked absolutely horrendous right now want to look so horrendous and five years. to check that out go back 21978/to 79 the last time we thought the world was sending. let me stop there and i invite questions [applause] >> i read how the world works today and how that defines how it will work in the future of like to open up to questions and i just ask that you identify yourself. >> please wait until the microphone comes to you. >> professor huntington cannot within influential article in the early 90's where he essentially argued that now that the east-west conflict was over , now the ideological conflict between communism and capitalism had evaded the new way we were to look at the

united states would be able to argue the challenge that knows no borders. the chinese and indians do not act. the air that they built will soon come to this continent and it will put our people at risk. america is the leader and must leave. america must set the example. this bill does exactly that. we will send a powerful job- creating signal to the private sector spurring innovation in every part of the renewable energy economy. jobs, jobs, jobs. that is one of the reasons why a business coalition dedicated to battling climate change is working on this. this coming change represents an excellent opportunity for economic growth. 19 businesses, the national grid, starbucks, and 90 road to president obama that this bill will drive investment by -- and nike wrote to the president that this bill will drive investment by innovation. we need to plan for future business success. those are the words of leaders in the corporate community in america who knows something about innovation, enterprise, and free markets. it has been understood that acting on global warming is a necessity as well as an intellectual necessity. more of us are realizing that it makes

continents. that experience? my conviction that a partnership between america and islam must be based on what it is not what it is not. i consider part of my responsibility as president of the united states to fight against negative stereotypes of islam wherever they appear. [applause] but that same principle must apply to muslim perceptions of america. [applause] just as muslims do not fit a stereotype, america is not the crude stereotype of a self interested empire. the united states has been one of the greatest sources of progress that the world has ever known. we were born out of revolution against an empire. we were founded upon the idea that all are created equal. we have shed blood and struggled for centuries to give meaning to those words. within our borders and around the world, we are shaped and drawn from every culture and end from the earth. we are dedicated to a simple concept. out of many, one. much has been made of the fact that an african-american with the name barack hussein obama could be elected president. [applause] but my personal story is not so unique. the dream of opportunity for all people has not come true for everyone in america, but its promise exists f