We exaggerated the threat. We worst-cased it and then acted as if that worst case was the most likely case.

I think we're at a fairly exaggerated level. The market is considering worst case scenarios.

Secretary Rice has implemented a subtle but important shift in U.S. policy, ... There is no question that the lack of flexibility for the negotiators precluded any possibility of getting a deal for the past three years. Clearly, we are now in a period of give-and-take and genuine negotiations.

Iran is five to 10 years away from having a nuclear weapon. We have time to try diplomacy.

It is time for Israel to take it's nuclear weapons out of the basement and put them on the table.

We looked at the intelligence assessment process, and we've come to the conclusion that it is broken, ... American Morning.