Transcript: Vice President Joe Biden's DNC Speech

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Folks, the Bain way may bring your firm the highest profit. But it's not the way to lead your country from its highest office.

When things hung in the balance, the President understood it was about a lot more than the automobile industry. It was about restoring America's pride. He knew what it would mean to leave 1 million people without hope or work if we didn't act. He knew the message it would have sent to the rest of the world if the United States of America gave up on the industry that helped put America on the map. Conviction. Resolve.

Barack Obama. This President has shown that same resolve, that same steady hand, in his role as Commander in Chief. Which brings me to the second crisis.

In 2008, Barack Obama made a promise to the American people. He said, "If we have Osama bin Laden in our sights, we will take him out. That has to be our biggest national security priority." Barack understood that the search for bin Laden was about a lot more than taking a monstrous leader off the battlefield. It was about righting an unspeakable wrong, healing a nearly unbearable wound in America's heart. He also knew the message we had to send to terrorists around the world—if you attack innocent Americans, we will follow you to the ends of the earth. Most of all, the President had faith in our special forces--the finest warriors the world has ever known.

We sat for days in the Situation Room. He listened to the risks and reservations about the raid. And he asked the tough questions. But when Admiral McRaven looked him in the eye and said-- "Sir, we can get this done," I knew at that moment Barack had made his decision. His response was decisive. He said do it. And justice was done.

But Governor Romney didn't see things that way. When he was asked about bin Laden in 2007, he said, and I quote, "it's not worth moving heaven and earth, and spending billions of dollars, just trying to catch one person."

He was wrong. If you understood that America's heart had to be healed, you would have done exactly what the President did. And you too would have moved heaven and earth--to hunt down bin Laden, and bring him to justice.

Four years ago, when my mom was still with us, sitting in the stadium in Denver, I quoted one of her favorite expressions. She used to say, Joey, bravery resides in every heart, and the time will come, when it must be summoned.

Ladies and Gentlemen, I'm here to tell you, bravery resides in the heart of Barack Obama. And time and time again, I witnessed him summon it. This man has courage in his soul, compassion in his heart, and steel in his spine. And because of all the actions he took, because of the calls he made--and because of the grit and determination of American workers--and the unparalled bravery of our special forces--we can now proudly say— Osama Bin Laden is dead, and General Motors is alive.

Folks, we know we have more work to do. We know we're not there yet. But not a day has gone by, in the last four years when I haven't been grateful that Barack Obama is our President. Because he has always had the courage to make the tough calls.

Speaking of tough calls, last week at their convention, our opponents pledged that they too had the courage to make tough calls. But in case you didn't notice, they didn't have the courage to tell you what calls they would make. They talked about how much they cared about Medicare. How much they wanted to preserve it. That's what they told you.

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