"We will respond to the threat of the climate change, knowing that the failure to do so would betray our children and future generation."

That was part of president Obama's inaugural speech on Monday, he mentioned some of the issues that are going to be a second term agenda, what he hopes to get done during the next four years. Some of the issues are hold over from his first term, trying to lower the country's debt, working on immigration reform. Other issues are new for him, like gun control. On our blob, some of you shared your expectations for president Obama's second term.

Antonio said I hope to see a more stable economy, and a more united nation rather than a nation that's divided on political and social issues.

Maddie wants to see that we lower our debt and stop depending on countries like China for the things we need.

John's list, immigration reform, gun control and the debt ceiling.

See if you can ID me?

I'm European country that's between France, Germany and Italy, I didn't get involved in either world war, I'm known for tourism, banking and watches and my capital is Bern.

I'm Switzerland, a country that's homed to around 8 million people.

Davos is the resort city in the Swiss moutains, that's not where we're talking about it. It's because this week, like every year, Davos is hosting the world economic forum. This is a group that brings together business leaders, political leaders and other influential folks. We're gonna be talk about globle economic issues, like the debt crisis and high unemployment rates cross parts of Europe or the fiscal cliff and debt ceiling debates in Washington. The group also brainstorms possible solutions like creating a bailout fund or coming up with ways for governments to reduce their debt. Richard Quest now has an analogy comparing some of the economic issues that will be discussed at Davos to a popular pastime.