You can find the text of the full speech at:
http://www.gov.ca.gov/news.php?id=18828 We also provide a video link below to the higher ed remarks.
Most of the speech was devoted to other topics, notably environmental. The speech itself was not especially memorable. What was memorable was the introduction by First Lady Anne Gust Brown. If I were the among the powers-that-be at UCOP, I would study what she had to say rather than try and analyze what the governor had to say about higher ed. Her remarks can be read as recounting what she thinks make Jerry Brown tick nowadays. Words like "mind" (lots of praise for the governor's mind), "legacy" (family history was prominent), and "heart" (the governor is good hearted) were much of what she had to say. So UC statements, communications (including communications with the governor), and what gets said at the January Regents meeting should be geared to these themes.
You can see Anne Gust Brown's introduction below:
You can see the governor's remarks on higher ed at:
You can find the entire inaugural/state of the state address at: