Barrak Obama Facebook Live

President Obama made plenty of political points at his virtual town hall meeting at Facebook's Palo Alto, Calif., headquarters today.

During an hour-long question-and-answer session moderated by Facebook CEO Mark Zuckerberg, Obama touched on issues ranging from technology and education to immigration and an onerous deficit. At times, the Q&A took on a campaign pep rally in anticipation of the 2012 election.

 Among the president's more memorable lines:
-- "My name is Barack Obama, and I'm the first guy to get Mark Zuckerberg to wear a jacket and tie."
-- "What makes me incredible optimistic is that at every juncture in our history, we've always been able to adapt."
Reducing the $1 trillion debt, he said, is "doable."
-- "The housing market is the biggest drag on the economy."
-- "If we don't have a serious (plan) to attack the deficit, we will have an even bigger problem" of investors pulling back when the economy starts to perk up.
-- "Immigration in this country has always been complicated. We are a nation of immigrants and laws. And sometimes the laws are unfair."
"If we bring high-skilled immigants to come here, why wouldn't we want them to stay? They are job generators. We don't want them starting an Intel in China or France. We want them starting them here."
-- "Our education system has to do a better job of math and science education for women, Hispanics and blacks."
-- "I want people to think of the next big Internet breakthrough as the next moon launch."
"We have to lift our game up for the Internet, math and science."
-- Obama said he is confident of a federal education law by 2012 to initiate good school reform.

At the conclusion of the meeting, Zuckerberg presented Obama with a Facebook-logoed hoodie. Obama lauded the "fashion" statement.