Democracy requires you to learn how to lose as well as how to exercise power when you win. And that requires restraint all around. One of the reasons it works is because when you win you don't do things that are so upsetting to the losers that they feel like they have less, they have more to gain by turning over the system.

A presidential speech is always the work of many hands.

The system has evolved to protect parties from people like Donald Trump. It really is true that people without well-established public records, without proven capability in public service, without tested beliefs and at least apparently under the influence of a foreign power, such people are screened out by major parties.

I am not a person of the left. But one of the things, the central idea of democracy is that you have a bigger investment in the system as a whole than you do in any particular outcome.

The big winners under the American fiscal system are the rich, who pay some of the lowest taxes anywhere in the world; the old, who are the main beneficiaries of the American social service state; farmers, rural people. These are Republican constituencies.

I do think Hillary Clinton, I mean the Clintons, I`ve got a lot of critiques of the Clinton foundation. I do think they bend the law. But Hillary Clinton accepts the concept of legality, she accepts that courts are supreme, laws must be complied with and the power of the state is not to be used for persona revenge or personal enrichment. And that`s something - not something I trust Donald Trump to do.

People need to understand that in Washington, the process is the punishment.