Obviously a Conservative government will always leave taxes lower than they have been under Labour. Those things go with the territory of the Conservative Party.

I think the way things have been left after Iraq is that people won't believe the Government of the day, so they have to know that lessons have been learnt and that all political parties and people, whether they were for or against the invasion of Iraq, have learnt lessons.

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive.

Taxes are like abortion, and not just because both are grotesque procedures supported by Democrats. You're for them or against them. Taxes go up or down government raises taxes or lowers them. But Democrats will not let the words 'abortion' or 'tax hikes' pass their lips.

Also, when you escape a Communist regime, you treasure liberty and you understand that as government and state expand, liberty must contract.