I, for one, struggle a little bit with a $250,000 education for a philosophy degree. They are a wonderful people, but we can't employ philosophers in manufacturing in the United States. We need a one- or two-year technical add-on for a high school.

We're going to have to raise revenues in some form or fashion, and we're going to have to cut spending, including entitlements of all kind, including the military. We all know this. Lets get on with it.

Why is Caterpillar bad if we create a new job in India or China to receive U.S. exports? It makes no sense to me. We want to drive all the exports we can from the United States. We want to concentrate on all those consumers, outside contractors, customers outside the United States that we possibly can.

Inflation was driven by higher labor costs, not higher goods costs. Frankly, I'd love to see a little bit of that. Because I'd love to pay people more. I'd love to see rising wages for everybody.

I've never felt fully able to sustain myself because I've run out of money many, many times, and it's been scary.

A fine timepiece is part of dressing like a gentleman. When I first made a little money, I bought my first watch which was a Rolex Daytona. It was just one of those things that said I was successful.

We keep spending money and sending it overseas when we should be developing American energy.

What Mexicans want and aspire to, is to go there and work temporarily and raise some money and come back home. That's what they want, so nobody's asking for those two, three million Mexicans that are illegally in the United States to become American citizens.