THE PRESIDENT: You know, most people I see, you know, when I'm moving around the country, for example, they're not angry. And they're not hostile people. And they -- we never meet people who disagree, that's just not true. I've met a lot of people who don't agree with the decisions I make. But they have been civil in their discourse.

And so, I view those who get angry and yell and say bad things and, you know, all that kind of stuff, it's just a very few people in the country. I don't know why they get angry. I don't know why they get hostile. It's not the first time, however, in history that people have expressed themselves in sometimes undignified ways. I've been reading, you know, a lot about Abraham Lincoln during my presidency, and there was some pretty harsh discord when it came to the 16th President, just like there's been harsh discord for the 43rd President.

You know, Presidents can try to avoid hard decisions and therefore avoid controversy. That's just not my nature. I'm the kind of person that, you know, is willing to take on hard tasks, and in times of war people get emotional; I understand that. Never really, you know, spent that much time, frankly, worrying about the loud voices. I of course hear them, but they didn't affect my policy, nor did they affect -- affect how I made decisions.

You know, the -- President-Elect Obama will find this, too. He'll get in the Oval Office and there will be a lot of people that are real critical and harsh, and he'll be disappointed at times by the tone of the rhetoric. And he's going to have to do what he thinks is right, Jim. And if you don't, then I don't see how you can live with yourself. I don't see how I can get back home in Texas and look in the mirror and be proud of what I see if I allowed the loud voices, the loud critics, to prevent me from doing what I thought was necessary to protect this country.

Mike.

Q Mr. President, thank you very much. Since your philosophy is so different from President-Elect Obama's, what concerns you the most about what he may attempt to do?

THE PRESIDENT: You know, Michael, I'm not going to speculate about what he's going to do. It's going to be -- you know, he's going to get in the Oval Office, he's going to analyze each situation, and he's going to make the decisions that he think is necessary.

And the other thing is, when I get out of here, I'm getting off the stage. I believe there ought to be, you know, one person in the klieg lights at a time, and I've had my time in the klieg lights. You know, I'm confident, you know, you'll catch me opining on occasion, but I wish him all the best.

And people say, oh, you just -- that's just a throwaway line. No, it's not a throwaway line. The stakes are high. There is an enemy that still is out there. You know, people can maybe try to write that off as, you know, he's trying to set something up. I'm telling you there's an enemy that would like to attack America, Americans, again. There just is. That's the reality of the world. And I wish him all the very best.

And of course, he's going to have his hands full with the economy. I understand. It's tough for a lot of working people out there. The people are concerned about their economic future. You know, one of the very difficult parts of the decision I made on the financial crisis was to use hardworking people's money to help prevent there to be a crisis, and in so doing, some of that money went into Wall Street firms that caused the crisis in the first place. I wasn't kidding when I said Wall Street got drunk and we got the hangover. And -- but nevertheless, President-Elect Obama will find the problems and the situations surrounding problems sometimes cause people to have to make decisions that they, you know, weren't initially comfortable with. And there was such a decision when it came to Wall Street.

I mean, I had a lot of people -- when I went out to Midland that time -- say, what the heck are you doing? Those people up East caused the problem. I said, I know, but if we hadn't worked to fix the problem, your situation would be worse. And -- anyway, I really do wish him all the best.

Sheryl.

Q Thank you, Mr. President. Mr. President, in recent days, there's been a fair amount of discussion in legal circles about whether or not you might give preemptive pardons, pardons in advance, to officials of your administration who engaged in anything from harsh interrogation tactics to perhaps dismissing U.S. attorneys. I'd like to know, have you given any consideration to this? And are you planning on it?

THE PRESIDENT: I won't be discussing pardons here at this press conference.

Q Can I have a follow-up?

THE PRESIDENT: Would you like to ask another question?

Q Yes, I would, sir. Thank you. Four years ago --

THE PRESIDENT: That's the spirit, isn't it? (Laughter.)

Q I appreciate that.

THE PRESIDENT: Thank you. (Laughter.)

Q Four years ago, you were asked if you had made any mistakes.

THE PRESIDENT: Yes.

Q And I'm not trying to play "gotcha," but I wonder, when you look back over the long arc of your presidency, do you think, in retrospect, that you have made any mistakes? And if so, what is the single biggest mistake that you may have made?

THE PRESIDENT: Gotcha. I have often said that history will look back and determine that which could have been done better, or, you know, mistakes I made. Clearly putting a "Mission Accomplished" on a aircraft carrier was a mistake. It sent the wrong message. We were trying to say something differently, but nevertheless, it conveyed a different message. Obviously, some of my rhetoric has been a mistake.

I've thought long and hard about Katrina -- you know, could I have done something differently, like land Air Force One either in New Orleans or Baton Rouge. The problem with that and -- is that law enforcement would have been pulled away from the mission. And then your questions, I suspect, would have been, how could you possibly have flown Air Force One into Baton Rouge, and police officers that were needed to expedite traffic out of New Orleans were taken off the task to look after you?

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