When people get frustrated, it's when they feel they are living in a context that deprives them of dignity, deprives them of justice and deprives them of the freedom to realize their full potential, and that to me is what the Arab awakening was all about. I think it applied to every country, and so I have been an unmitigated supporter of it.

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

If you are self-motivated, wow, this world is tailored for you. The boundaries are all gone. But if you're not self-motivated, this world will be a challenge because the walls, ceilings and floors that protected people are also disappearing. That is what I mean when I say "it is a 401(k) world." Government will do less for you. Companies will do less for you. Unions can do less for you. There will be fewer limits, but also fewer guarantees. Your specific contribution will define your specific benefits much more. Just showing up will not cut it.

I am always a little skeptical on the water thing because I have been hearing that for 30 years, but one year it's going to be true. With the rising populations, Yemen could be the first country in the world, or Sana'a the first major city in the world, to run out of water, that's from Yemeni hydrological engineers and the United Nations. Sooner or later, all of these people, from 7 to 9 billion, all of them want to live like America, will be consuming so much more water that some of the societies will hit a wall without more sustainable environmental practices.

Supply chains cannot tolerate even 24 hours of disruption. So if you lose your place in the supply chain because of wild behavior you could lose a lot. It would be like pouring cement down one of your oil wells.

Arnold Schwarzenegger said it best: "Your son is sick. Ninety-eight doctors give you one diagnosis, two doctors give you another. Who are you going to go with?" Well, why would it be the conservative position to go with the two? That's not conservative, that's crazy.

I'm a radical pro-immigration advocate. I'm not saying we just look at the Muslim world or we just look at China, we just look at India as a source of our talent. But, one thing we know... first or second generation or new immigrants or children of immigrants have started about 40% of the Fortune 500 companies. For me it's always been a really very important issue that I want America to be open to the most energetic and talented people from around the world.