Spielberg: "He Is The President Of Ideas"

Reporting from the seating area closest to President-elect Barack Obama's inaugural platform, CBS News Capitol Hill correspondent Chip Reid asked renowned director Steven Spielberg what brought him to the inauguration.

"What inspires me is what inspires everybody. He is young, he has tremendous optimism and courage about this country," he said. "The most important thing is he's got great ideas. He is the president of ideas."

"This is more than just a presidential election. This is really the new beginning," he continued. "Two of my kids are here. I just wanted them to ... rub up against history."