The world is beset by challenges including the ongoing danger of international terrorism, and the significant political and economic threats posed by factors such as the high levels of corporate and sovereign debt and persistent unemployment.

Tobacco exports should be expanded aggressively because Americans are smoking less.

The peace dividend is peace.

Want to hear a sad story about the Dukakis campaign? The governor of Massachusetts, he lost his top naval advisor last week. His rubber ducky drowned in the bathtub.

Bobby Knight told me this: 'There is nothing that a good defense cannot beat a better offense.' In other words a good offense wins.

Investments - particularly those that involve the change of control of a company - only work when they work well for all parties involved.

It's a very valuable function and requirement that you're performing, so have a great day and keep a stiff upper lip.