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We need to keep investing in economic and homeland security. We need to bank on the right kind of economic development. We need to embrace opportunities, but with the right kind of safeguards.

We have already significant sums of money in our petroleum fund, a fund created by law that includes all the revenues received from the Timor Sea, and invests in conservative, safe, long-term investment portfolios - right now in US Treasury Bonds.

We aren't going to let our first investment be the best.

What I put in the stock market, I don't have to touch in my lifetime. I want to live off my bonds. I want to be that safe.

We will as soon as possible reexamine our laws and policies and eliminate all obstacles to genuine investment.

And here where the fact that we've given over half a billion dollars to New York really plays a role, because New York has already made a lot of investments in the kinds of things which you'd expect to have as basic security.

We make a series of investments, some will pan out and some won't.

We like to be the largest outside investor, and the first outside investor.

We will invest in our people, quality education, job opportunity, family, neighborhood, and yes, a thing we call America.

Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.