I challenge anybody to say that I wouldn't know how to approach foreign policy because, unlike some of the other people, I at least have a foreign policy philosophy, which is an extension of the Reagan philosophy. Peace through strength, and my philosophy is peace through strength and clarity.

That's the biggest problem, is the tax code itself.

We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify the tax code. The ultimate answer, in my opinion, is the fair tax, which is a fair tax for everybody, because as long as we still have this messed-up tax code, the politicians are going to use it to reward winners and losers.

I used to vote Democrat.

One of the things that I did before I ran for president is I was a professional speaker. Not a motivational speaker - an inspirational speaker. Motivation comes from within. You have to be inspired. That's what I do. I inspire people, I inspire the public, I inspire my staff. I inspired the organizations I took over to want to succeed.

We need responsible regulations, not regulations that have gone wild. For example, the EPA has a rule that is going to be implemented Jan. 1, 2012, where they're going to begin to regulate dust. That's right, dust. It's called PM 2.5. That is focusing on the wrong thing.

The lesson that I'm learning is that I've got to be careful of being pigeonholed because people can take a piece of tape and edit out the first half and only pull out one snippet that could start a firestorm.