Excerpts from Obama's Speech in Philadelphia

"We are here today not simply to pay tribute to our first patriots but to take up the work that they began. The trials we face are very different now, but severe in their own right. Only a handful of times in our history has a generation been confronted with challenges so vast. An economy that is faltering. Two wars, one that needs to be ended responsibly, one that needs to be waged wisely. A planet that is warming from our unsustainable dependence on oil.

And yet while our problems may be new, what is required to overcome them is not. What is required is the same perseverance and idealism that our founders displayed. What is required is a new declaration of independence, not just in our nation, but in our own lives - from ideology and small thinking, prejudice and bigotry - an appeal not to our easy instincts but to our better angels.

That is the reason I launched my campaign for the presidency nearly two years ago. I did so in the belief that the most fundamental American ideal, that a better life is in store for all those willing to work for it, was slipping out of reach. That Washington was serving the interests of the few, not the many. And that our politics had grown too small for the scale of the challenges we faced.

But I also believed something else. I believed that our future is our choice, and that if we could just recognize ourselves in one another and bring everyone together - Democrats, Republicans, and Independents, north, south, east and west, black, white, Latino, Asian, and Native American, gay and straight, disabled and not - then not only would we restore hope and opportunity in places that yearned for both, but maybe, just maybe, we might perfect our union in the process.

This is what I believed, but you made this belief real. You proved once more that people who love this country can change it. And as I prepare to leave for Washington on a trip that you made possible, know that I will not be traveling alone. I will be taking with me some of the men and women I met along the way, Americans from every corner of this country, whose hopes and heartaches were the core of our cause; whose dreams and struggles have become my own.

Theirs are the voices I will carry with me every day in the White House. Theirs are the stories I will be thinking of when we deliver the changes you elected me to make.

We recognize that such enormous challenges will not be solved quickly. There will be false starts and setbacks, frustrations and disappointments. And we will be called to show patience even as we act with fierce urgency.

But we should never forget that we are the heirs of that first band of patriots, ordinary men and women who refused to give up when it all seemed so improbable; and who somehow believed that they had the power to make the world anew. That is the spirit that we must reclaim today.

For the American Revolution did not end when British guns fell silent. It was never something to be won only on a battlefield or fulfilled only in our founding documents. It was not simply a struggle to break free from empire and declare independence. The American Revolution was - and remains - an ongoing struggle 'in the minds and hearts of the people' to live up to our founding creed.

Starting now, let's take up in our own lives the work of perfecting our union.

Let's build a government that is responsible to the people, and accept our own responsibilities as citizens to hold our government accountable.

Let's all of us do our part to rebuild this country.

Let's make sure this election is not the end of what we do to change America, but the beginning."

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