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.

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.

If you want to get an advance machine tool job today, you need to know calculus. We know a lot of people don't, we can't expect everyone to know calculus, what do we do? We created a huge bubble that created a huge number of jobs to build houses and to be in retail. You don't have to have a lot of skills to work in the new Gap store that opened, at the latest Starbucks branch, or to hammer a nail for a new house.

Some would ask which country am I from? We are supposed to tell the truth, [so] we tell them India. Some thought it was Indiana, not India! Some did not know where India is. I said it is the country next to Pakistan.

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.

The financial crisis just made the hole deeper, which is why our stimulus needs to be both big and smart, both financially and educationally stimulating. It needs to be able to produce not only more shovel-ready jobs and shovel-ready workers, but more Google-ready jobs and Windows-ready and knowledge-ready workers.

Even if America tomorrow - and it won't happen overnight - but if we did reduce our demand for gas and natural gas and crude oil by a significant degree, that does have an exponential effect on producers in the Middle East, everything else being equal. But if China's demand is growing and India's demand is growing, they are not going back.