Here’s the video posted on YouTube last May:
The sound track goes:
As for the international order that we have worked for generations to build, [camera cut to audience] ordinary men and women are too small-minded to govern their own affairs. That order and progress can only come when individuals surrender their rights to an all-powerful sovereign.
I tried to punctuate that transcript so as to follow what I think the video maker intended people to hear, but it doesn’t quite match the vocal inflection that would dictate a period following the word “build,” creating an incomplete first sentence. Indeed the camera cuts to the audience shot at just that point and the video cuts out an entire paragraph of the actual speech. Rather than praising authoritarian government, Obama is actually critiquing that idea.