(CNN) On Tuesday night in Orlando, Florida, President Donald Trump made it official: He's running for a second term in 2020 .

This should surprise absolutely no one, since it's been clear since the second Trump won the White House that he was running -- and running hard -- to claim a second four-year stint. The formal announcement of Trump's reelection plan, however, is a moment -- and deserves attention and scrutiny. I tried to do both in going through the transcript from his speech, which stretched well more than an hour amid the sweltering humidity of a Florida summer night.

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The most notable lines are below.

1. "I said, this is a very big arena, for a Tuesday night, I said, you know, if we have about three or four empty seats, the fake news will say headlines: 'He didn't fill up the arena,' you know."

Meet the new boss, same as the old boss. And away we go!

2. "And not only did we fill it up, but we had 120,000 requests."

Less than 24 hours before, Trump tweeted that the campaign had received 100,000 requests. Now it's 120,000. How can you verify whether that's accurate? You, um, can't.

3. "You know what I say? The amount of press we have tonight reminds me of the Academy Awards before it went political and their ratings went down the tube."

This has become one of Trump's standard stump speech lines. It's both a callback to The Way Things Used To Be and a revealing acknowledgment of how hyper-aware he is of his own press coverage.

4. "Many times I said we would drain the swamp, and that's exactly what we're doing right now -- we're draining the swamp."

5. "For the last two and a half years we have been under siege, and with the Mueller report we won."

"If we had had confidence that the President had clearly not committed a crime, we would have said so." -- Robert Mueller

6. "No president should ever have to go through this again, it is so bad for our great country -- a hoax. The great hoax."

Mueller brought 199 criminal counts against 37 people and entities. Seven people pleaded guilty and five were sentenced to prison. One -- Paul Manafort -- was convicted by a jury of his peers. Add it all up: do you get a "hoax"?

7. "It was an all-illegal attempt to overturn the results of the election, spy on our campaign, which is what they did -- and subvert our democracy."

Trump is alleging a broadscale conspiracy here -- one begun in the Justice Department and involving both Hillary Clinton's campaign, Barack Obama's presidency and the Russians. Pretty big stuff! The entirety of his evidence? That the Clinton campaign helped fund the collection of opposition research on him by former British spy Christopher Steele.

8. "What did they come up with? No collusion -- and the facts that led our great attorney general to determine no obstruction, no collusion, no obstruction."

It's interesting that Trump has started to nuance the "no obstruction" thing to, rightly, note that it was Attorney General William Barr who decided not to bring obstruction charges against him. Mueller didn't offer a conclusion on obstruction -- although he did document a number of instances of what might be construed obstructive behavior by the President.

9. "Nobody has been tougher on Russia than Donald Trump, nobody."

Simply not accurate. Need an example? How about the time when, standing side by side with Russian President Vladimir Putin in Helsinki, Finland, Trump took the word of a foreign adversary over the conclusions of US intelligence agencies regarding Russian interference in the 2016 campaign?

10. "And in September, just before the election, the FBI told President Obama about possible Russian interference, and he did nothing because he thought that Hillary Clinton, 'Crooked Hillary,' was going to win. That's why he did nothing. He did nothing."

A few things here: First, the Obama administration didn't do "nothing." They simply didn't publicize what they did . Second, it's not at all clear that the administration's public silence was designed to help Clinton. In fact, all of the contemporaneous reporting suggested that Obama and his team were worried that going public with the Russia interference attempts would make it look as though they were trying to sway the election to her.

11. "They want to destroy you and they want to destroy our country as we know it, not acceptable. It's not going to happen."

I know this is political rhetoric. And that political rhetoric is often over the top. But the incumbent President saying that Democrats want to "destroy" his supporters and the country "as we know it?" Feels a little over the edge, no?

12. "One person has a higher percentage than your favorite president, Donald Trump. Do you know who that president is? He's got a higher percentage than me and it's devastating. His name is George Washington."

First, Trump is saying his record of appointing federal judges is behind only that of America's first president. Second: "Your favorite president, Donald Trump."

13. "Look at what they did to a great gentleman, Justice Kavanaugh. Highly respected."

14. "It's beautiful. I changed the design. It's stronger, bigger, better and cheaper."

Trump is talking about the border wall here. "Beautiful" seems like a strange adjective choice.

15. "Instead of bringing us together as one America, Democrats want to splinter us into factions and tribes. They want us divided."

Oh, this is rich.

16. "This election is not merely a verdict on the amazing progress we've made; it's a verdict on the un-American conduct of those who try to undermine our great democracy and undermine you."

"Un-American conduct?" That HAS to be a purposeful word choice to evoke images of Joe McCarthy and the House Un-American Activities Committee right? If it was accidental, talk about a Freudian slip!

17. "And by the way, on July 4 in Washington, DC, come on down; we're going to have a big day. Bring your flags. Bring those flags."

18. "This election is a verdict on whether we want to live in a country where the people who lose an election refuse to concede and spend the next two years trying to shred our Constitution and rip your country apart."

Hillary Clinton calls Donald Trump to concede election ." Also, Trump has repeatedly questioned the election results -- claiming that 3-5 million illegal votes were cast which caused him to lose the popular vote to Clinton.

19. "They acid wash those emails. Never to be seen again. But we may find them somewhere deep in the State Department. Believe me."

"Russia, if you're listening, I hope you're able to find the 30,000 emails that are missing, I think you will probably be rewarded mightily by our press." -- Donald Trump, July 2016

20. "And this time should be a lot easier, because we have done so much with our military, with our vets, with the Second Amendment, with our regulations, with the biggest tax cut in history, with getting rid of so many different problems, so many different things, including, by the way, the individual mandate on Obamacare, one of the worst things."

21. "Our political opponents look down with hatred on our values and with utter disdain for the people whose lives they want to run. That's the way they've been doing it."

If you are looking for an encapsulation of why Trump won in 2016 -- and why he could win again in 2020 -- this is it. This is Trump at his anti-elite, populist best -- railing against a system that he argues hates and disdains the average person.

22. "It's going to be Make America Great Again -- which is probably and possibly the greatest theme in the history of politics, I think. Make America Great Again."

In which the President of the United States says that his 2016 slogan was "the greatest theme in the history of politics." Um, Mr. President, I have "ask not what your country can do for you, ask what you can do for your country" on the line for you.

23. "MAGA Country. Right? MAGA. MAGA. MAGA Country. We're in MAGA Country. That I can tell you."

All totally normal stuff here!

24. "Ah, I'm sorry, MAGA Country, but that wasn't too close. I thought you had it won, and then I heard this cheer; my eardrums will never been the same. Keep America Great."

The President choosing his 2020 campaign slogan via an applause contest. This all makes sense!

25. "A woman who has been so good, so talented, so wonderful, and we're sort of going to be losing her. I have a feeling she's going to be running for a certain gubernatorial position."

So, at the rally where he announces his own reelection bid, Trump also brings up on stage his outgoing press secretary -- Sarah Sanders -- and touts her potential candidacy for the Arkansas governorship. Very cool and very legal

26. "And today, right now as we speak, almost 160 million people are working. That's more than ever before. It's the first time ever the number of people is almost 160 million."

True! But also misleading . More people are working than ever before because America has more people than ever before. It's called population growth.

27. "And something I want to make clear to the media, we have among the cleanest and sharpest, crystal-clean -- you've heard me say it, 'I want crystal clean air and water anywhere on Earth,' we are creating a future of American energy independence, and yet our air and water are the cleanest they've ever been by far."

I do like a nice, sharp air ....

28. "Remember the statement from the previous administration? You'd need a magic wand to bring back manufacture -- well, we'll tell 'Sleepy Joe,' that we found the magic wand. A 'Sleepy Guy.'"

Trump has been repeatedly advised to ignore Joe Biden's candidacy because it could well elevate the former VP amid the fray of 23 Democrats. He has, um, ignored that advice.

29. "We have the greatest medical labs in the world. We have incredible things under advisement."

"We have incredible things under advisement." -- Donald Trump

30. "Democrats in California even voted to give free health care to illegal aliens instead of helping homeless Americans in Democrat-run cities."

This is only partially true. Under California's new budget, undocumented immigrants aged 19-25 would be eligible for the state's Medicaid program . (That same budget makes California the first state to subsidize health care for middle-class families.)

31. "And with the help of Vice President Mike Pence, we are creating the space force. That's where it's going to be. The space force."

32. "A vote for any Democrat in 2020 is a vote for the rise of radical socialism, and the destruction of the American dream."

Pretty low-stakes then, right?

33. "We will lay the foundation for landing American astronauts on the surface of Mars."

Like I just said: Mars Awaits

34. "We are going to keep on fighting. And we are going to keep on winning, winning, winning."