War is an extraordinary condition to be in - to be, for example, in the combat information center of a warship [and behaving] as though you were merely processing credit card applications. [Instead,] the information you're processing is that an incoming missile is 15 kilometers away, now 10 kilometers away, now 5 kilometers. You have to separate yourself psychologically from the fact that your mortal existence may well end. That is the ancient reality of war.

The Chinese have a long history of slaughtering each other without bothering their neighbors.

The first thing you have to do is understand what success looks like. And to understand what success looks like you have to understand the intent. If you understand that intent is to make sure the sea lines are secure, then suddenly bombing Kosovo makes sense, because you don't want Serbia to reemerge as a major power.

A research division develops marketing material for its deal makers. We have no policy position. If you have a policy position you can't possibly forecast.

Well what are our geopolitical objectives? First, that North America be peaceful, prosperous, dominated by the United States. Second, that no nation be able to approach the United States militarily ... Those are the goals. It's very simple. We achieve that by making certain that all conflict takes place in the Eastern Hemisphere so we don't have conflict here.

Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.

The importance of the question and the availability of an answer are two different things. I'm not willing to state that because the question is fundamental, therefore I possess the answer. And I'm certainly not willing to say that since I don't possess the answer, I'll pretend that I do.