The starting point for understanding the deterioration in the relationship between the U.S. and Russia lies in Washington rather than Moscow. After 1989, Russia was a defeated power. Despite the fine words and some limited gestures, the Americans have treated it like one. Their policy has been one of encirclement.

Always beware your moment of triumphalism: such emotions are a poor steer on the future.

The world is fortunate - for the time being, at least - that it has an American president in Obama who is prepared to take a conciliatory and concessive attitude towards America's decline and that it has a Chinese leadership which has been extremely cautious about expressing an opinion, let alone flexing its muscles.

Now, I know it's a widespread assumption in the West that as countries modernize, they also westernize. This is an illusion. It's an assumption that modernity is a product simply of competition, markets and technology. It is not. It is also shaped equally by history and culture. China is not like the West, and it will not become like the West.

Absolutely the United States should lead in space, for the survival of the United States. It's inspiring for the next generation. If we lose leadership, then we'll be using Chinese capability to inspire Americans.

This week you will nominate the most experienced executive to seek the presidency in 60 years in Mitt Romney. He has no illusions about what makes America great, and he doesn't confuse the presidency with celebrity, or loftiness with leadership.

Billy Graham is one of my great lifetime heroes. I think he epitomizes the essence of what a Christian leader should be. I have participated in some of his crusades a couple of times in Atlanta. I've seen the profound impact he's had on me personally, and on other people who were not Christians and accepted Christ as Savior.

I'm confident that the commitment of the co-chairs of the Ferguson Commission - along with the work of other local leaders and the Missouri General Assembly - will have a very positive impact as this community works to move forward.