For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.

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It's not just Bin Laden or just those that are involved in the counterterrorism effort. We've gotta cast the net broader than that. But I think it's a - very special tribute that we all owe to the bravery and courage of the men and women in the intelligence and military business who performed so well to finally get it done.