In 2012, Hillary Clinton's State Department, acting through its ambassador, Mari Carmen Aponte, threatened to withhold critical development aid unless El Salvador passed a major privatization law.

If all Henry Kissinger contributed to the Middle East were a regional arms race, petrodollar addiction, Iranian radicalization, and the Tehran-Riyadh conflict, it would be bad enough. His legacy, however, is far worse than that: He has to answer for his role in the rise of political Islam.

Just as much as the United States mattered to cotton, cotton mattered to the United States. Cotton reinvigorated slavery, established the young nation's place in the global economy, and eventually helped create the political and economic conflicts that resulted in civil war.

Toughness' and 'credibility' are leitmotifs that run through both Trumpian and Kissingerian deal-making. Both men insist that war and diplomacy are inseparable and that, to be effective, diplomats need to be able to wield threats and offer incentives in equal, unrestricted measure.

If the investor doesn't have enough time and skill to investigate individual stocks or enough money to diversify a portfolio, the right thing to do is to invest in exchange-traded funds that give you exposure to asset classes. It does make sense for the individual investor to think in terms of holding individual asset classes.

Sometimes when you've got too much money you lose your imagination.

I've always been sensible with my money. I can't say I'm a business genius.

The voters of Hawaii have said loud and clear that it's not money that wins elections.