balance sheets are not solid fortunately, right now their balance sheets are very solid and they re in a secure place, but these multibillion-dollar banks, i think the thing that downright offends me is that gary becker and these other ceos were coming to washington telling donald trump, telling the republicans, and telling the congress they pose no risk they should be treated just like the small community banks that know their communities and don t take on much risk. but look these are guys who figured out they could make a lot of money by loading up on risk. look at just the piece on inflation. yeah. they made the bet that inflation would stay at historic lows forever now, why not because they re not smart. they made that bet because it cost money to hedge that bet, and that would have bitten into profits, and that would have bitten into the bonuses they
but if you identify as a wealthy person. i will say this. it s is still on feet on tv, what are you writing about? very pragmatic. good head on his shoulder shoulders frickey it cost money. can you believe, my poor kids because i can t get jordan s. who said there is no such thing as every lunch. milton, don t call me adams smith. do your homework. people in the gilded age would have loved this frisky i don t think it s going. that part it s great. to me it s crazy, but you are obviously it s a necessary evil. it as part of capitalism. hi and demand. so keen on it 20 minutes ago. gig i think you re accusing me of being very superficial, whic
get so excited and they opened and there s a ticket there and many massive mickey mouse costume. if you told the kid you get to go to disney world but the cost was eight years old is to shove yourself into an infant car sea smother your blankets and hundred degree weather, i think the child may have very different decision-making process as if they want to go t disney world. that is true. i look at this in a differen way. is that what what you will call a disney anchor baby? actually. not really. i m not quite understanding the story. the other saying disney is too expensive to go into but it s literally the only one we can bring your child and as your so and they will take them out as your daughter. that cost money. yes it cost money that is true.
freedom to have livestock, grow crops. limiting crops, livestock, meat production for some geeniac idea. this freedom seed was planted one of those truckers drove to ottawa and people around the world realized that there is more of us than there are of than they are in wtf contributors. these people are fighting for their lives and the literal sense of the term. farmers are on edge because farms that they were held do the families for generations in some cases since the 1300s are now going to have to be sold off because they re notso going to e able to maintain their herds. it cost money to run an operation and without a critical mass of livestock or output,
money to refine more oil. it cost money to get refineries up online. it costs money to produce more oil. they are not introduced interested in spending that money if they can sit back, kick their feet up and just print money, profiting off the shortages we are seeing, because of the war in ukraine. and so what we have got our companies with no incentive to bring more oil online, no terest in investing in additional infrastructure and instead, just really enjoying these really eye-popping profits in this moment. so, it s a real pickle for the biden administration. and the president, he tried to address this head on today by sending a letter to all of the big refinery ceos, [inaudible] turned the crude oil into gas. and he said, it worked the last time that crude oil was selling at $120 a barrel in march. gas prices were about 75 cents lower and diesel prices were about 90 cents lower. so, the thing that explains that 75 cent increase in that