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“I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits. All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size.”

“The people who are good in the long run fail a lot, especially at the beginning. So, when you fail early, it might be worth realizing that this is part of the deal, the price you pay for being good in the long run. Every rejection is a gift. A chance to learn and to do it better next time. An opportunity to figure out how to bounce, not break. Don't waste them.”

“What can I do to make sure that middle-class families are feeling more secure, that more young people are able to access opportunity, that we are safe, that we are working with our international partners to try to create more order at a time when there's a lot of chaos? How do we deal with terrorism in a way that's consistent with our values? As long as I stay focused on those north stars, then I tend not to get too rattled.”

“In the distance, I see a frightful storm brewing in the form of un-tethered government debt. I choose the words -“frightful storm' - deliberately to avoid hyperbole. Unless we take steps to deal with it, the long-term fiscal situation of the federal government will be unimaginably more devastating to our economic prosperity than the subprime debacle and the recent debauching of credit markets that we are working right now so hard to correct.”

“We can no longer communicate with the apes by direct language, nor can we understand, without special study, their modes of communication which we have long since replaced by more elaborate forms. But it is at least presumable that they could still detect in our speech, at least when it is public and elaborate, the underlying tone values with which it began. Thus if we could take a gibbon ape to a college public lecture, he would not understand it, but he would "get a good deal of it." This is all the students get anyway.”

“It is strange how the romances of the teenage years retain a poignancy all through life - how a girl who turns you down when you're 16 retains an aura in your memory even long after you, and she, have ceased to be who you were then. I attended my high school reunion a couple of weeks ago and discovered, in the souvenir booklet assembled by the reunion committee, that one of the girls in my class had a crush on me all those years ago. I would have given a great deal to have had that information at the time.”

“A great deal of what passes by the name of patriotism in these days consists of the merest bigotry and narrow-mindedness; exhibiting itself in national prejudice, national conceit, and national hatred. It does not show itself in deeds, but in boastings--in howlings, gesticulations, and shrieking helplessly for help--in flying flags and singing songs--and in perpetual grinding at the hurdy-gurdy of long-dead grievances and long-remedied wrongs. To be infested by such a patriotism as this is perhaps among the greatest curses that can befall any country.”

“What people think about you is not supposed to matter much, so long as you yourself know where the truth lies; but I have found out, as have others who move in and out of newspaper headlines, that on occasion it can matter a good deal. For once you enter the world of headlines you learn there is not one truth but two: the one which you know from the facts; and the one which the public, or at any rate a highly imaginative part of the public, acquires by osmosis.”