Oil is a tangible commodity, so there is a global market. The fact that we may need less may affect the global price because we're big consumers: we probably take about a quarter of global demand. But if suddenly, let's just use a crazy example, fighting in the Middle East led to the closure of the Strait of Hormuz and no oil could get out through the Strait of Hormuz, well that would affect China, India, Europe, it will affect the whole global economy. It will affect us, too, then.

Sometimes, when my wife and I were going out to dinner, I would take my laptop with me and work in the car, so as to take advantage of the half hour going and coming.

I am hoping, though, that many of them have kids, who, when they have a moment to take a break from their iPods, Internet, or Google, will explain to their parents running the country just how the world is being flattened.

The unemployment rate today for people with our-year college degrees is 4.1%, which is almost none. That's people switching jobs basically. That tells you that education is the only way up and the only way out. If that is the fact, then we've got to get more of it for more people.

If e-mail had been around before the telephone was invented, people would have said, 'Hey, forget e-mail! With this new telephone invention I can actually talk to people!'.

We are led by lawyers who do not understand either technology or balance sheets.

I'm a capitalist. I believe in capitalism. But capitalism only works if you have safety nets to deal with people who are naturally left behind and brutalized by it.