"Innovation and transformation have been at the heart of America's success. If there ever was a time when innovation and transformation were needed in government, it is now. We have lost faith in government, not in just one party, not in just one house, but in government. We are weary of the bickering and bombast, fatigued by the posturing and self-promotion. For even as America faces a new generation of challenges, the halls of government are clogged with petty politics and stuffed with peddlers of influence. It is time for innovation and transformation in Washington. It is what our country needs. It is what our people deserve. . . .
"This Christmas, Ann and I gathered my five sons and five daughters-in-law to ask them whether I should run for President. We talked about the special time this is in the history of America - the challenges and the opportunities. We talked about the qualities that are needed in our leaders. They were unanimous. They know our hearts. They know our values. They know my experience innovating and transforming, in business, in the Olympics, and in Massachusetts. And they know we love this country.
"And so, with them behind us, with the fine people of Michigan before us, and with my sweetheart beside me, I declare my intention to run for President of the United States."