Once people get a taste for whatever you want to call it - economic independence, a better lifestyle, and a better life for their children - they grab on to that and don't want to give it up.

I am being very humble about the Arab Spring. There's kind of a competition out there, you might have noticed, of who can be the first to say the Arab Spring is going to fail. Everyone says, "I told you so, I told you so about the Muslim Brotherhood." I have no desire to tell anyone anything. I don't know. I'm just listening, watching. It may turn out all these people are right, they may be wrong. They may be right this year and wrong next year, by the way. I'm just trying to listen day to day, figure it out.

The reason that we are becoming less equal is because of the greater requirements, secure requirements, for a good job. This goes back to the '80s basically, this started changing as globalization and the IT revolution merged, and each started to drive the other.

The historical debate is over. The answer is free-market capitalism.

Iraq may still have a decent outcome...but even if it becomes Switzerland, we overpaid for it.

I think we have lost our groove as a country. One of the reasons was the attack on 9/11. We got knocked off our game. From a country that always exported hope we went into the business of exporting fear.

The Middle East would always be an important trading partner in just a market sense, like America is a big market for us, Asia is a big market, Europe is a big market. You are going to have hundreds of millions of consumers there, from just a standard market point of view, from a very narrow American point of view.