We need to intensify cooperation with civilized governments all over the world to combat the common threat of terrorism. - Al Gore

It is well documented that humans are especially fearful of threats that can be easily pictured or imagined. For example, one study found that people are willing to spend significantly more for flight insurance that covers "death by terrorism" than for flight insurance that covers "death by any cause." Now, logically, flight insurance for death by any cause would cover terrorism in addition to a number of other potential problems. But something about the buzzword terrorism creates a vivid impression that generates excessive fear.

This is a time of great opportunity for our country. Our economy is the envy of the world. Living standards are rising — and the gap between the rich and the poor is closing for the first time in 20 years. America is a powerful engine for the global economy, because we have met our responsibility to balance our budget, to begin paying down our debt, and to embrace our role in supporting free markets and economic growth among all nations.

Our founders were insightful students of human nature. They feared the abuse of power because they understood that every human being has not only "better angels" in his nature, but also an innate vulnerability to temptation — especially the temptation to abuse power over others. Our founders understood full well that a system of checks and balances is needed in our constitution because every human being lives with an internal system of checks and balances that cannot be relied upon to produce virtue if they are allowed to attain an unhealthy degree of power over their fellow citizens.