Clearly this will be a challenging time for the economy, ... The normal pattern is that after the negative consequences, we get into a rebuilding mode, and that rebuilding mode takes you to higher GDP levels.

There will be sentencing and some further consequences at that time. I think you either need a long-term drug program or a long term in county jail.

If it (the CN-BNSF merger approval process) goes forward, it will be catalyst for the end game for the railroad industry, ... And in that end game, no one wants to get left out. If you're left out, the terms of trade can turn very sour for you.

It implies a slower U.S. economy, and so over time I think this will turn out to be bullish for the fixed-income markets.

We have the most flexible and adaptive economy. Making sure we sustain the ability of the American economy to perform well is really the priority of economic policy.

We have for the first time an economy based on a key resource [Information] that is not only renewable, but self-generating. Running out of it is not a problem, but drowning in it is.