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'The whole world is appalled by the brutal murder of James Foley,' Obama says (VIDEO)

US President Barack Obama said the United States will continue to do 'what we must do to protect our people.'

Obama aug. 20 2014Enlarge
US President Barack Obama makes a statement to the press on the death of American journalist James Foley at Martha's Vineyard, Massachusetts Aug. 20, 2014. (NICHOLAS KAMM/AFP/Getty Images)

US President Barack Obama on Wednesday condemned the Islamic State militants who beheaded an American journalist as "a cancer" and said "their ideology is bankrupt."

"The whole world is appalled by the brutal murder of James Foley," Obama said, speaking a day after the militants released a video of Foley being beheaded.

Watch the president's full remarks here:

More from GlobalPost: Foley execution boosts European support for intervention in Iraq

Obama said he called Foley's family earlier in the day to express his condolences.

The Islamic State, which has been marching through northern Iraq, released the video as a warning to Washington but Obama said the United States will continue to do "what we must do to protect our people."

More from GlobalPost: Britain searching for Foley killer

(Writing by Bill Trott in Washington; Editing by Susan Heavey)

http://www.globalpost.com/dispatch/news/regions/americas/united-states/140820/obama-deliver-statement-at-1245-pm-est-live-vi-2