Eric Schmidt

If you look at the history of technology over a couple hundred years, it's all about time compression and making the globe smaller. It's had positive effects, all the ones that we know. So we're much less likely to have the kind of terrible misunderstandings that led to World War I, for example.

Incumbent White House parties have won 10 of the last 18 presidential elections; the odds are tight, but they favor Obama in 2012. And so gloomy Democrats, check your despair; gleeful Republicans, watch the hubris.