Obama: America has lost faith in leaders

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"People don't understand an administration that treats our Constitution as a nuisance," he says.

The only mission that was accomplished was to take us into a war that never should have happened, he says as the crowd cheers.

"It's because of these failures that America is listening to the candidates in this election," he said. "America wants to believe again. It's because of that, this a moment of great challenge, but also great opportunity."

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