It's informative and not too long. Click it!
What do you think should be done in Iraq?
Well, the first thing that should be done in Iraq is for us to be serious about what's going on. There is almost no serious discussion, I'm sorry to say, across the spectrum, of the question of withdrawal. The reason for that is that we are under a rigid doctrine in the West, a religious fanaticism, that says we must believe that the United States would have invaded Iraq even if its main product was lettuce and pickles, and the oil resources of the world were in Central Africa. Anyone who doesn't believe that is condemned as a conspiracy theorist, a Marxist, a madman, or something. Well, you know, if you have three gray cells functioning, you know that that's perfect nonsense. The U.S. invaded Iraq because it has enormous oil resources, mostly untapped, and it's right in the heart of the world's energy system.
How will the U.S. deal with China as a superpower?
What's the problem with China?
Well, competing for resources, for example.
NC: Well, if you believe in markets, the way we're supposed to, compete for resources through the market. So what's the problem? The problem is that the United States doesn't like the way it's coming out. Well, too bad. Who has ever liked the way it's coming out when you're not winning? China isn't any kind of threat. We can make it a threat. If you increase the military threats against China, then they will respond. And they're already doing it. They'll respond by building up their military forces, their offensive military capacity, and that's a threat. So, yeah, we can force them to become a threat.
(The 'three grey cells' made me laugh outloud and his 'market' point is a good one)