Golf has an ambivalent relationship with the environment. On one hand, it's a great preserver of open spaces. Golf doesn't pave the world - it helps to green the world. But the downside is, it uses a lot of fertilizer, pesticides and water. And this is in a world where we know that synthetic fertilizers and pesticides are toxic, and water is more and more scarce. Golf could do a lot more.

Hope and optimism aren't just attitudes, they are life strategies.

Never before in the history of the planet have so many people, on their own, had the ability to find so much information about so many things and about so many other people.

The hidden hand of the market will never work without a hidden fist -- McDonald's cannot flourish without McDonnell Douglas, the builder of the F-15. And the hidden fist that keeps the world safe for Silicon Valley's technologies is called the United States Army, Air Force, Navy and Marine Corps.

American young people have got to understand from an early age that the world pays off on results, not on effort. Not everyone should win a prize no matter where he or she finishes.

What we do know is that the planet is going from 7 billion people today to 9 billion. More people want to live like us, drive American- size cars, live in an American-size home, and eat American-size Big Macs. What does that mean? It means that energy demand is going to be going up.

I would say that in 2000, we understand as much about how today's system of globalization is going to work as we understood about how the Cold War system was going to work in 1946.