The world has conducted a massive macro-economic experiment since the cataclysm of 2008. In Europe, the fans of austerity have had their chance, and the results have been a disaster.

I don't have any particular expertise-I've never been a banker or an investment banker. But I did see an evolution in the system that I thought was problematic.

I do not believe that politics in the long run is about individuals. It is about ideas.

In politics you learn to always smile.

Never write when you can talk. Never talk when you can nod. And never put anything in an e-mail.

It's not Big Brother that we now have to be afraid of, but Big Browser.

The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.