video transcript

ROUGH CUT (NO REPORTER NARRATION) President Barack Obama urged Americans on Monday to reject political "absolutism" and partisan rancor as he kicked off his second term with a call for national unity, setting a pragmatic tone for the daunting challenges he faces over the next four years. Obama's ceremonial swearing-in at the U.S. Capitol was filled with traditional pomp and pageantry, but it was a scaled-back inauguration compared to the historic start of his presidency in 2009 when he swept into office on a mantle of hope and change as America's first black president "We cannot mistake absolutism for principle, or substitute spectacle for politics, or treat name-calling as reasoned debate," Obama said as he stood in the wintry cold atop a giant makeshift platform on the Capitol steps overlooking the National Mall.