Capitalist Investor
Check out the "Capitalist Investor" podcast where hosts Derek, Luke and Tony break down complex financial topics and recent market trends with a sharp eye. This podcast is all about getting into the nitty-gritty of things like stock buybacks, tax policies, meme stocks, and a whole lot more. The guys aren’t just brains; they keep things light with a great mix of deep dives and easy banter that keeps you hooked and learning. Whether they’re chatting about Warren Buffett’s latest strategies, how Biden’s tax plans might hit different income levels, or the buzz around a big golf tournament, you’ll come away with a solid grip on how these issues could shake up your financial world. Perfect for investors, retirees, or just anyone keen to keep up with the financial universe, "Capitalist Investor" makes the complex understandable and entertaining.
Capitalist Investor
Lawfare and the Election, Ep. 295
1. Migration from Blue States to Red States
In this episode, the hosts discussed the ongoing trend of liberals moving from traditionally blue states like California to red states. Diamond Hands D and Tony dissected the critical issues plaguing California, pinpointing big government policies rather than making it a Democrat vs. Republican issue. The conversation drove home the notion that excessive regulation and taxation are pushing residents and businesses to seek more favorable environments elsewhere.
2. The Socialism vs. Capitalism Debate
The debate between socialism and capitalism was a focal point of this podcast episode. The hosts argued passionately that innovation is the bedrock of human progress, made feasible primarily through capitalist principles. They criticized the left for allegedly prioritizing material gains over meaningful progress. This discussion extended to the regulatory environment impacting large corporations like Google and Microsoft.
3. Election Integrity and Voting System Security
Election integrity was another significant topic, with concerns raised over voting irregularities, particularly ballot harvesting in Arizona during the 2020 election. Tony and Luke debated potential voter influence schemes and suggested technological advances like blockchain for a more secure voting system. The episode highlighted the complex landscape of American elections, including weaponized legal actions against political figures and shifts in presidential election odds.
4. Elon Musk and SpaceX's Struggles with Government Policies
Elon Musk's ventures, especially SpaceX, came under the spotlight due to denied permits in California, attributed to Musk's political views. The hosts discussed the concept of "lawfare" and praised SpaceX’s technological accomplishments despite operational hurdles. Musk's innovation with projects like Starlink was also highlighted, drawing a sharp comparison to NASA's bureaucratic approach.
5. Price Hikes in Consumer Goods and Economic Impact
Rising costs, particularly the price of everyday consumer goods like food, were discussed extensively. The example of a $22 burrito at Chipotle underscored the broader issue of inflation. The hosts examined possible reasons behind this trend, from supply-demand imbalances post-COVID to price gouging accusations. They also touched on regulation and monopolistic practices affecting prices, illustrating the complex dynamics of free market capitalism.
These diverse topics collectively provided a panoramic view of the current socio-economic and political climate, emphasizing the importance of informed discussion in navigating these challenges.
Hello and welcome to this week's episode of the Capitalist Investor. As always, you have me, diamond hands D, and we got the whole crew here today. Cool hands, Luke. Tony the tiger. What's going on, guys? What's up, man? I almost got stranded in Kentucky. My alternator went out. I tried to take it to the shop that was only open on Sundays. It was the only one, like within the 30 miles radius open and took it halfway. And then the whole car, one by one, everything started shutting off. Anti lock braking system, power steering. The next thing you know, the speedometer starts fluctuating and then everything shuts off and I had to pull off. So how to get towed? Almost get stranded in Kentucky. But I'm here. I'm ready to rock. That stinks. That's not where you want to get stranded. That is not good bourbon down there. Well, just, I mean. I mean, you got like, you know, between you and you and your fiance, what do you got? Two cars now? Two cars. I sold. We had three and then I sold one of them. And the one you don't drive because. It'S like a. Yeah, it's like my two. My little fun cardinal. It's a family heirloom. So real quick backstory. My father bought a Daytona Dodge charger in 2006, brand new. And he looked at me in the eyes, like a year after. And I was what, nine years old and I was ten when he said this to me. He looked me in the eyes, said, luke, if you're valedictorian in high school, I'll give you this car. So my entire life I had something to work towards. Like, I was like, if I'm valedictorian, I get that car. So I ended up somehow becoming valedictorian and I got the cardinal. So that's more of a family antler. It's a 2006. It's only got 33,000 miles on it. So it's how many? 33,000 2006. So we barely drive it. So I'm gonna drive that probably once or maybe twice, maximum a week while she works from. When she doesn't work, from home. When she works from home. I'll drive her car. Fun stuff. Good stuff, man. Alright, topics today, there's a new term out there called lawfare. We're gonna talk about that, the election. Is it too big to rig now? We'll talk a little bit about that because we know that. What is it, November 6, right? Yes. Election. I mean, there's gonna. The media is gonna go find all the nonsense that's going on the riots and the fights. And they're gonna find it, right? And it's probably not gonna be very widespread, but it will seem that way, I'm sure, because of the, the media, but we'll see. And then cake. Cake is becoming expensive, and we're going to talk about that, too. So. Because I'm eating it. All right. Law fair. So this, this is becoming more relevant as political views are being. The whole nation is being ripped apart by the left and the right. And if you're in the middle, like, you don't even know which way's up at this point, but if you are a hard left or a hard right, you guys can't exist in a room. It feels like, and that's fine. But essentially, this article started because California rejected Elon's request for SpaceX to launch more rockets in California. And they said no because of his political views. And they said that he is spewing falsehoods about FEMA not having enough money being given to immigrants rather than the american people who have paid into the system. And how he's dropping Starlink, which is like, basically Internet, like satellite Internet. It's like a hotspot, right? He's dropped a hotspot somewhere so people can get into. And get onto the Internet, right? And they're saying that he'd rather, you know, prioritize all of these political views over the welfare of the SpaceX employees and the environment and focus on profit maximization. I mean, didn't he drop those starred links for free? Oh, yeah. I'm pretty sure that's going to hurt his profit. Literally. SpaceX and Starlink don't make any money. He's, like, negative. They're unprofitable. I mean, with that rocket landing and being plucked out of the air, essentially. I mean, it ran into, like, the little. That is a MIT. That is, like, absolutely incredible. It was a moment in time, and. They were saying how NASA's got 40,000 employees and SpaceX got, like, 10,000, and look what Elon's doing and look what NASA's not doing. Like, that is power of american free market innovation. Correct. It's blatantly obvious. You know, it's, it really is. Didn't, didn't Elon have to, like, rescue astronauts from the space station? Was that successful? Yeah, yeah, I know. They got them. See, now that's the problem. Like, they were talking about, like, they're stuck. They're stuck. He goes and saves them, and there's, like, no run on it, right? Like, I was kind of like waiting for, like, a big, like, hey, thanks. I don't know. I was expecting somebody to say something. I think I saw it, but it was. It was so under the radar. That is. Again, man, it's just this place. It's getting crazy. So what you're referring to there is weaponization of politics, essentially, to pick and choose who they like, who can operate on their land, who can do what they. What they want to do on their. In their state. Like, this is the times we live in now, where the country is becoming almost a left and right, state by state by state. You either go move to a liberal state or a conservative state. And it's almost getting to the point where it feels like we're kind of going back, obviously, for different reasons, but going back to, like, almost the civil war almost mentality of, you know, if you're going to move up and move to the state that you're. That you believe in, the politics you believe in. And that's not healthy for the long term either, because, I mean, it feels like America is becoming two different countries at this point. Yeah. I mean, what, what else, what else can you, can you say? I mean, the, like, I'm not an elon musk fanboy by any stretch of the imagination. I thought you were. Well, I mean, I like them, but I'm not, you know, like, cheering him on or anything like that. I don't have, like, Tesla posters in my room or anything. But, you know, it's a. It's remarkable how brainwashed the society has become, right. If you're in one of those camps, whether it be right or left, you know, it seems logic and intuition and reason just go out the window. This guy is trying to launch space shuttles so we can explore the universe. He's doing it for free. He doesn't live in a. I think he still lives at Tesla, the Tesla factory in Austin. He doesn't have, you know, a$500 million yacht. Like, the guy does nothing but work, and he's trying to basically foster in a new era, era of technology. And these yahoos in California say he can't launch, but it's completely ridiculous. What about all the. What about all the liberals that are moving from the blue states to the red states? Yeah, they've just, like, you can't look at it from a 10,000 foot view and say, hey, look what has happened to California. Can no one else see this? They have essentially unlimited money, right, from Hollywood and Silicon Valley. Basically unlimited money. And they have essentially moved their middle class to tents in the streets, and they do everything in the name of, you know, keeping the environment safe. And they provide nothing in the way of feedback on how that's working. And it's just. It's gotten to the point where I don't understand why more people can't see it's not a Democrat versus republican thing. It's a big government thing. Like that is the main problem. The bigger the government gets, the worse off the people are. It's also absolutely, 100% agree it's a government problem. But also, on even a deeper philosophical level, it's a non understanding of what's important in the world problem. And what I mean by that on a deeper level, and I don't want to get too far into this, but what's important is it to redistribute Elon Musk and all these billionaires? Well, to provide the middle class a fancier house, a nicer car, nicer materialistic things? Or is it allowing people like Elon Musk to innovate to the point where we can explore this space, we can get deeper answers onto maybe where we come from, what is out there, what's going on around the universe, but also to expand. His old philosophy is expand our, you know, get off of Earth, essentially, to become a multi planetary species in case something absolutely insane happens here. Whether it is truly global warming, whether it's us launching nukes against each other, blowing us up internally, whether it's something like a solar flare coming in, wiping off the. Everyone off the face of the. Who knows what it is. If we can go to a second planet, we can maintain. Well, you're talking. You're talking socialism versus capitalism. Am I? You said, like, just redistribute, right? I hear redistribute, but my point is the deeper. On a deeper level, the reason why California, these. These liberal states, they're almost selfish to the point they want more materialistic things, and they don't want to actually innovate to progress to. There's. They say they're progressive. They don't actually progress the human race. They want to progress their own selfish interests of whatever it be, putting more money in people's pockets, which is fake in the big scheme of things anyway. All the system is built on the system working, and the system changes over time. So my point is with that is there's a deeper philosophical take that allow these billionaires that are the smartest minds in the world to innovate, to progress the human race. I'll take them down. I mean, it's just, I mean, they weaponized everything with Trump, too, indicting him while he, while he was running for presidency, you know, and that kind of fell apart. At least there, it's on hold or whatever's going on. Well, we gotta, we gotta move. I know, but Elon Musk also said if he, like, if Donald Trump loses the election. Oh, yeah. He's concerned about his well being. Oh, absolutely. He's in physical and. Yeah. And just, you know, his, not as maybe money, but his enterprise, he will definitely be like, Twitter might cease to exist. Oh, yeah. Unplugged from. They might, they might. Misinformation everywhere or disinformation. You know, they use both of those words right now. All right, so, yeah, so is it, is it, is the election too big to, to rig right now? I don't know. I didn't come up with this topic. Derek, this is, you hit me with whatever you're. Well, so, so in the last ten days or so, really, even since the last, maybe even seven days since the last time recording the presidential winning, who's going to win the election changed from essentially 50 50. And now Trump has pretty much the biggest lead ever that he's had. Roughly 56 and a half, 57 to 42 and a half, or 43. So he's way up in the presidential odds of winning, really in the last ten days. So when you say it's too big to rig. So when I hear that, are you telling me that because there's this conspiracy theory that all these illegals were implanted so that they can vote, so with the now 55%, are there too many registered voters to vote for him where they can't even come up with the amount of money to sneak, quote unquote sneak in if they wanted to or if that's even happening. Right. I don't want to make any assumptions or say anything too political, but, like, is if they, if they got every new immigrant to vote, are they still behind? Is that what, is that what this means? Yes. And, you know, I think, I think the main, the main talking point isn't that, you know, should someone who comes into the country, should they be able to vote? That's not really the case. They basically vote for them. That's kind of the ballot harvesting scheme, quote unquote correct. And, you know, that's, that's why a lot of people, when they saw what happened in 2020, you know, that you can, you can question it, right? Say, hey, that, that seems strange. Hey, I've never seen that before. You know, I watched it in real time with Arizona. You know, it's, what did you see when, when I was watching Fox, the election coverage. And essentially as soon as the polls closed in Arizona, within five minutes, Fox was calling Arizona for Biden. And you can only do that because you kind of know who hasn't voted yet, whose votes haven't come in. So you can easily kind of project based on past results who's going to win within a margin of error. And Arizona came down to what, like 42,000 votes, like 1012 days later, something like that. So basically it was an impossibility for them to be able to call Arizona so soon with it being so close. There's no way they could have done that. So that's, that's strange, right? I don't, so just to kind of go deeper on that, what, just so everyone understands from what I understand with that, Derek, is the only way for that to have happened is some votes come in later than it was expected. That completely went against what has happened in history. Against the margin of error. Exactly. Yeah. How do we not have a more sophisticated voting system? Exactly. That's all anyone wants. I don't know why it's not electronic almost to where it's tied to your Social Security number. Like something simple like that. We only get one vote per Social Security number. You literally, as american citizen, citizen have to have a Social Security number. Why is it not that simple? Yeah. Why isn't on the blockchain with technology on today? It easily could be done. When the polls close. We should instantly know who wins. Exactly. That's, that's all I want. And until then, I don't understand why you can't question what's going on. You just can't talk about it. But that's, that's what I will say. I, I do agree there's some weird things that go on and it's not a hundred percent accurate. I do agree with that. I do believe truly this, the issue is bigger than, than that. This, in the scheme of things, that it just people, their mentalities and, you know, whether you call it brainwashed, whether you call it whatever it be, like, people's mentalities have shifted and people have become more communistic, socialistic, liberal. And I mean, that's the fact of the matter is we are going through a transition where, you know, I will go back to this simple quote, you know, great time with weak time, bad times create great men, and good times create weak Mendez. And that's essentially the philosophy of, you know, do you want more socialistic communistic tendencies because times are too good. So this is where I'm just disconnected. I don't feel there's anyone trying to really do that except what the media is showing us. The only thing, the only thing that you have. I have a bunch of crazy friends. The only thing that we all have is access to the Internet and tv. I can, I can't be in California. I can't see people. How do you, how do we know? And it's whatever's being broadcast to us. So that's how I feel like. So all these ideologies. Maybe it's just because I'm a Gen Z and I was closer to it in college, seeing it firsthand of how the kids think. Maybe it's just kids aren't growing up yet. What's this? What's the saying? If you, if you're young and a Republican, you have no heart? If you're old and a Democrat, you have no brain? Brain. Yeah, something like that. Maybe it's just the fact that I, my generation hasn't gone through that transition yet, but, no, I mean, I have two or three buddies I can think off the top of my head. I'm still friends with. Surprisingly, had some conversations with them this past couple years. But, you know, they truly believe in what the left wing, crazy left wing agenda is pushing out there. And there's no convincing them, no matter how many stats I show them and facts I show them doesn't matter. And I think they, more from the left, people that I know, too, they beat. They don't talk about all the good things that their side does. They just talk about the negatives of what the other side. So, like, if they're a left, they just talk about how bad the right is. And Bubba, like, just bang up. Like, all of the policies and doings and personal and political issues, they don't talk about their own side, where I think, like, the right kind of does. They don't say, I don't know. Maybe I'm wrong. Maybe we look at their side, like, how can you believe that? And how can you think that? And why would you want to do that? I mean, there was a guy, I was at watching the Indians game yesterday, and I was at a place. This guy next to me, you could definitely tell, long hair, like, probably went through the nice night, early 1970s hippie stage. Like, he stayed that way through the past 50 years, though. And we're talking a comeback. We were talking a little bit, and there was a guy across from me wearing a suit, like, an old, probably 75, 80 year old guy wearing a suit. He went over there and started talking politics, this guy. And they got this heated debate. I was listening, watching these guys get into this heated debate, and I'm thinking, like, most of the things this guy was saying, like, actually wasn't untrue. And the conservative guy also was saying things that weren't untrue. They were basically on the same page with a lot of ways. And I think the true mentality of what we need to get back to is the we talk about classical liberalism. We talk about what our founding fathers believed in. You know, the best way I can describe, I think myself in some ways, and what I think that we need to get back to as a society, be a conservative hippie. I think if you're concerned, we need to get back to the conservative hippie mentality of get off my lawn, allow me to do what I want on my own property and stuff, but also let's get back to my freedom of values. And I'm like, it made me realize, like, both of those guys had it right. Like, some of the, he wasn't a crazy left wing agenda. He's just like, I just want to do what I want to do. Like, I want the government to stay off. And the other guy's like, well, yeah, but we also want to make sure the government's involved in certain things. I'm like, yeah, to some point, but, like, also, we don't need a huge government. So it's very interesting, me observing that conversation. I'm like, conservative hippie. Let's combine them both. I think conservative hippie is the way we gotta go. Conservative hippie. Nice. I'm gonna bring myself as that. All right, let's talk about. Let's shift gears one more time. I saw this, and it's pretty hilarious because, so actually, the memories just popped up. So a year ago, we went to Orlando because my mom has a place outside of Orlando, so we can pop down there, and then obviously with the kids, we can hop over to Disney for a day. So anyway, part of my youth, I watched the ESPN zone go into the boardwalk at Disney. And that was like, that was a really big deal back then. But now that space, there's no more ESPN zone there. And they actually put a cake shop in there. And this cake shop is known because in one of the, it's like, sharper image, something like that. This lady, you can get a cake delivered to you, but it costs like$325 for this cake. And my mom actually, someone brought one of those cakes to a party that she was at, and she said it was, like the greatest, the greatest cake ever. Presentation or taste? Both. Yeah. Okay. So this cake shop was going into, into this space in Disney, and yesterday I was looking at some headlines, and I saw this one, and I instantly knew what it was going to be. And essentially it was, you know, you know, everyone's complaining about the obscene prices, the new cake shop, and they are pretty obscene. I think, basically it starts for one slice of cake at$22. Okay, well, I mean, it's like getting a pour of bourbon. You want to think of pappy. You're going to pay $100. Do you want to pay$1,200 aftermarket price for a bottle of pappy? No, but I'll maybe cough up 100 and try it once and entertain myself. Right, but so, I mean. All right, so, like, let's talk about price gouging. Why is. Is this one of the companies? Price gouging doesn't exist. No, it doesn't. But I'm saying, no, the. My point with that is you're 100% right. Let's talk about price gouging, because price gouging only exists if you let it exist. So, for example, cakes, too expensive, don't buy it. If you're buying it, you're supporting that business now. You're the cause of the price gouging now. Now I can maybe support the $22 for a piece of cake. I'm sure if I went to, you know, cake cheesecake factory, I'm sure. I'm sure it's like 1214, $15 for a piece of cheesecake. So. So this is where the real. Here's the real route. You should be going after Disney, because this cake shop is not part of Disney. They are renting space on the boardwalk. Therefore, you know, Disney is charging a premium to be on the boardwalk, so they have to charge more because they have to pay for rent. And the employees that make the cake. Right. They need people to show up and do that stuff. And I'm sure the ingredients, we know that ingredients are up, I don't know, ten to 40%, depending on what you're getting in the last couple years. So it all makes sense. It's just an unfortunate reality for everything, because I was talking to Jerome, one of our colleagues here at strategic. He said, he goes, man, I haven't been to Chipotle in so long. And I got that new brisket burrito, and, you know, I was really hungry. He's bigger guy, you know, like, works out things like that he's like, I got double meat. And I go, I got to the end, and it was$22 for double meat burrito. And he goes, they didn't even give me a full scoop on the. He's going into detail about how he got banged up on this. But the burritos, $13 to begin with. Yeah, you want double meat, it's $7 more like. Yeah, you're looking at $20 for everything. You can't. I can't go to McDonald's for under $10 if. And that's probably just a hamburger and a drink and maybe a fry if. I don't even know. Gotta use the app. But no cake. I will end on this for me. I have been eating a good bit of cake recently, and I went to Hyde park. There's a Hyde park right down the street from Crocker park. And I haven't ate there actually for food, but stopped in there for a cocktail one time. Then look at the dessert menu. They have some really good desserts here. They have, like, a carrot cake. Talking about price and, like, amounts you can get. They have, like, a carrot cake. It's, like, almost a full cake. You know, it's like a birthday cake. You would get like a. It's a full cake of carrot cake. Like $14. Yeah, it's like the best value you can get at a high end, like, steakhouse. Like, I don't know. I don't know if it was $14, you're bringing up carrot cake. So here's a. For some of our homebred kind of Cleveland listeners and stuff, there used to be a restaurant they closed a year or two ago called Sokolowski's University Inn. It's in. It was, like, in Tremont, Ohio city kind of area. And they had. It was awesome, man. It was like. It was cafeteria style. Like polish food. Like, the pierogies there. They would like. I always. The way I described it is like, they marinated their pierogies and butter. Like, it was just so much butter and onions and stuff. But they had a piece of carrot cake that was the size of your head. You ever put butter on carrot cake? I don't think so. That's good. If you put butter and cake in japanese. I put butter on cake. Like. Like more of like a yellow cake or something. Or a bundt cake or something. Yeah, I'm the guy that eats butter from a stick. I do like a lot of butter when the butter tub comes with the hot bread from. Call me butter. Cause I'm on a roll. I just. I just start digging in. I get my own ramekin and just. I don't even use the knife anymore. I just pile it on the bread. The point is, if these liberals are in, left wing people are concerned about price gouging and they're running on this all Kamala Harris is talking about his price gouging. Like, Lily, all of our campaign ads, it's about price gouging. Everyone I've seen, and that's all they have to run on. But if you are concerned about price gouging, stop buying shit. Revolt. Like, that's literally strike, like you strikes, you know, you're striking against your job. Strike against things, people that you think are price gouging. No lower prices. It's also applying demand, but also go. Go, you know, the day of, you know, I'll call it Internet coupon clipping, but, like, going and finding the best price will probably become a thing again. You know, free market capitalism is great, is the best at deflationary aspects of setting prices because competition drives prices lower. So allow the free markets to work, allow companies to exist, allow companies to innovate, and then prices come down for everybody. It's really the left wing regulation that gets in the way of price, that creates price gouging in some ways, because it creates monopolies and duopolies. Don't they try and break those up like Google and Microsoft? And weren't they apple? Weren't they trying to, weren't all these companies being attacked? Oh, yeah. So I don't know, man. It's just. It's just. It's just the new reality. It costs more to get the ingredients, pay the people to make things, to work there and serve your products. And that is the real price gouging because everything went up. And I had this conversation with a golf buddy of mine. He's very, he's very left wing. We get along. We don't cut each other, you know, up and stuff. He's like, what's up with this blah blah? You know? And we got into price gouging, and I'm like, pod. I really don't believe it's price gouging. When price gouging. He's like, well, it started when Covid hit. I'm like, exactly. People stop making stuff. It became a supply and demand issue. It wasn't price gouging. There wasn't. They were able to charge more because they had to slow down the sale of things, or they were gonna. We're gonna literally run out and if you need something and not want it. If you need it, yes, you're gonna pay more for it, but it's eliminating the people that just want stuff. If I'm not mistaken, earnings in the S and P 500 profits are actually below average, like, right now compared to history. Like, compared to, like, the eighties, seventies, eighties and nineties. So, like, price gouging was worse. If you want to go back to history, I'm almost positive, looking at the stats, I don't have anything in front of me, but I've done research on this before, like, seventies, eighties, and nineties. Like, prices were worse from a profit margin standpoint. Yeah, well, these companies are making too much money. They're doing stock buybacks and stuff like that. And I'm like, yeah, Paul, the companies, there are companies out there that do operate on positive profit margin. And if they have money, they are going to buy their stock back. And that's smart. And it's actually good if you own their stock. Is that what should they do with their, with their profits? Like, what is the alternative? I mean, I got, I guess you cut your prices. It's never worked. So that you don't make as much money. Yeah, no, what you do is they. Should have the government tell us what to charge for stuff. Well, everyone says that if you're making profits, you should give it back to the employees. Now, the concern there, how do we. The concern there is if you give it all to the employees and you have one bad year, you have no cushion. Right. If you don't have any cash, savings, whatever it be, it's just like anything else. You know? If most consumers right now are operating paycheck to paycheck, if they lose their job tomorrow, then that paycheck's turned off. Like, they can spend as much money as they want while the paycheck's turned on, but that goes off, they're screwed. Like, they don't have any money. So it's like every company, you need to operate a profit, and you also have to put some cash on the savings or in the savings, not give it all to the employees for that rainy day fund. Yeah, it's a, it's a form of a war chest, right. You know, for bad economic times, we are putting money, we're saving money, we're building cash reserves so that we can keep our employees. Okay. Let's just employ what, things like that. I want to get to or be. Able to sell stock to create. I think it was Descartes philosophy a little bit. So Descartes I think it has a categorical imperative, if I'm not mistaken. Essentially, the categorical imperative from a philosophy, morality standpoint is if you apply the, like, crazy, like, holistic thing to everything, is it moral or immoral? So let's go with the extreme case of if there's no businesses ever that exists, what happens? There's no employees. There's no employees. You don't have jobs, you don't have income, and then the whole system doesn't exist. So essentially the left wing agenda is let's, let's get rid of all corporations and make power to employees. Well, that doesn't work because you need corporations to employ people. So it's immoral almost to think that way. But they pick and choose the companies they think are immoral versus the ones they think can just operate on their own. They don't apply the same philosophies to everything. Exactly. And so maybe we can close with this because I'm going to go buy one of these cakes off of it's $115.06 inch cake on Williams Sonoma. That was the website I was looking for, Gwendolyn's famous court chocolate cake. She's got like, all these celebrities on her website. So that's what it is. If you want to eat the cake of celebrities, you know, it only costs $115. I got bring a piece in for me. The guys from only murderers in the building, Martin short. And I don't know, I can't think of the other guy's name drawing a big blanken. But yeah, if you want that, you go buy it. It's America. It's America. $115. It's America. So Steve Martin is his name. All right, well, thanks, guys, for listening this week. That was a good discussion on what's going on now in the world. And if you guys have any questions or show ideas, hit us up at info connect.com and we'll talk to you next week. The opinions expressed in the podcast are for general informational purposes only and are not intended to provide specific advice or recommendations for any investment, legal, financial, or tax strategy. It is only intended to provide education about the financial industry. Please consult a qualified professional about your individual needs.