What is revolutionary today is that we're using precision-guided munitions. And instead of building individual weapons, we are building an industry and a philosophy, the culture of precision. You saw Desert Storm. Precision works.

The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it.

When I get asked the question, "Do I want to loan you money?" I want to know, how much do you earn? How much do you owe? What is your net worth? When people talk about countries for some reason they only ask how much did you earn and what's your debt?

I'm not a journalist. So I didn't down and let Assad charm me. I didn't walk away and say "my god he's got an Apple computer and he really likes Beyonce so he must be a liberal."

Wars are times of intense technological transformation, because societies invest - sometimes with extensive borrowing - when and where matters of life and death are at stake.

One definition of the wicked is that they will resort to whatever means are necessary to achieve their ends. Therefore, if those who oppose wickedness don't learn the art of war, they will be helpless.

Because the US has control of the sea. Because the US has built up its wealth. Because the US is the only country in the world really not to have a war fought on its territory since the time of the Civil War ... Therefore we can afford mistakes that would kill other countries. And therefore we can take risks that they can't ... the core answer to why the United States is like this is we didn't fight World War I and World War II and the Cold War here.