The coffin represents the massive casualties we're seeing in the war in Iraq.

We were told at the beginning of the war, 'a few billion dollars and then Iraqi oil will pay for everything.' We're now looking at $320 billion that have been spent on the wars in Iraq and Afghanistan.

The Iraq war was not necessary.

Everybody wants a timeline, but you can't get a timeline because, in Iraq, it's not a one-sided mechanical problem.

One of the hardest parts of my job is to connect Iraq to the war on terror.

All this talk about a war with Iraq is adding a tremendous amount of volatility in all the markets. We see it in bonds, gold, oil. The uncertainty of what's going to happen is weighing on the markets.