What goes on in Europe concerns us greatly because, if Europe comes apart, the E.U. comes apart, then you're going to have enormous impact on America, that's a very big trading partner of ours, and people own securities around the world in this day and age.

Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.

We all must recognize that homeland security funds should be allocated by threat and no other reason.

The public is mad, frustrated, but what the public wants is progress.

Keep in mind, Mike Bloomberg's kids and grandkids are breathing that air just like the coalminers' families are breathing that air. And the coalminers are the ones that have the conflict. They want their jobs, I understand that. They need to be able to feed their families. They also have to worry about their health and the health of their families.

Unemployment in America today is too high. And part of the reason, unfortunately, is that many companies cannot fill the high-skilled jobs increasingly at risk of going overseas.

The estate taxes, on balance, are good. They get people to give money to charity, and they prevent these family dynasties which keep other people from having opportunities. It may be good for a family, but for society it's probably not good. And I've always been in favor of having an estate tax.