In the first place, bureaucracies never become efficient; they're never going to get rid of administrative costs; they're never going to reduce them. That's not the purpose of bureaucracies. It's to increase those things.

Look at Jeb Bush, $115 million and Jeb actually stated in December 2014 that he was going to win this primary by not winning it. He was going to win it without winning base voters. They have made it clear they want nothing of their base. They're embarrassed of their base.

Millennials do not know their country at war. They don't see militant Islam as evil. They don't see Islamic terrorism as evil. If they're 30, 911, 2001, they were teenagers, there's been so much propaganda about that. The United States largely has been blamed for these acts of terror, presidents like Bush with their torture have created terrorists and so forth. They've really been given a dose of anti-Americanism, well, I think since they first started going to school but it intensified once they got to high school and college.

If the popular vote elected the president today, two states - California and New York - would be all you would need. And that means campaigns would occur only there and campaigns would focus only on issues relevant to those people in those states.

You go ask any founder of any company why he or she did it, you will never hear, "I wanted to create jobs for the community" as the number one, number two, number three, number four, number five, number 10 reason for doing so. That is a result of the success the business enjoys. Creating jobs is not why people start businesses. Creating jobs is not how people innovate in business. It's not how they compete.

Jeff Bezos buys the Washington Post. I think a lot of this is the PR value. Look at what we're doing here. We are talking about how Jeff Bezos cares about the poor. And for some people that's all you need.

Going forward, which story will the media find more interesting, [Donald] Trump's or Hillary's [Clinton]? Does Hillary even have a story? Does anyone even care?