What is the most entrepreneurial country in the Middle East today? It's Lebanon. Which country has no oil or gas? Lebanon. The same was true of Israel, the same was of Bahrain. You could see a real gradation. Turkey, for instance: no oil and gas, very entrepreneurial. You can either dig your future out of the ground or you can unlock the potential of your people.

America was the funder of petro-dictatorships. We treated all these countries as basically big, large gas stations: Libya station, Iraq station, Iran station, Egypt station, Syria station, and all we asked of them were three things: Keep your palms open, your prices low and don't bother Israel too much, and you can do whatever you want to your own people.

No matter what your profession – doctor, lawyer, architect, accountant – if you are an American, you better be good at the touchy-feely service stuff, because anything that can be digitized can be outsourced to either the smartest or the cheapest producer.

Our bailout of Detroit will be remembered as the equivalent of pouring billions of taxpayers' money into the mail-order catalogue business on the eve of the birth of eBay.

America is interested in change and reform in the Middle East but in a stable way.

If you don't visit a bad neighborhood, it might visit you.

No, most of our political elite has not realized that the world is flat.