We're better off without the TPP

We have this principal that we don't touch that produces returns, social, economic and ecological.

I'm not interested in material gains.

I felt misled.

So notice this was a little bit more I guess, you could even say abstract or unusual than this case.

I'm not interested in material gain.

I am not interested in material gain.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

The reason this is happening boils down, in my mind, to one basic problem, which is our inability to perceive the difference between public benefits and private profits.

This is an exceptional case.

Biodiesel and ethanol are made from crops grown by petroleum powered agriculture.

Yep, that's right.

They just want the sharing to go away.

Because during conflict economic policy typically deteriorates.

Our interests clash with theirs.

Minus 500,000.

The company's profits soared.

This is what the owners of the company get before they pay the government.

(Laughter) But I know it's the bottom line, or one's perception of it, that motivates people in the end.

But here you see it means very, very different things.

They acquire a library of intellectual property rights, then litigate to earn profits.

We are assuming a very simple world, were the is no taxes, we have no debt, we have no intrest or things

This is really important to pay attention to, because so many people say, oh, a company made this much.

So most cash flow statements, they'll start so I'm going to do a cash flow statement right over here

I'll just abbreviate that as Nl.

Go ahead, eat.

And when people talk about earnings of a company, this is what they're talking about.

And let's say, assume if I inherited this million dollars, I didn't finance it.

listening and watching elsewhere

Probably not. Mr. Darcy can please what he chooses, if he thinks it worth his while.

Why make this thing?

Why isn't it on every poster across the third world?

All they care about is profits.

So cash could be an asset.

No one wants it to go off.

How do you get from trauma to growth?

And then they'll say well in the most naive interpretation of things, you net income in theory should be the cash you're getting or at least it's some type of profit you're getting assets in the door or at least you're counting as if you're getting some assets in the door.

It is to his advantage.

No pain, no gain.

No gains without pains.

Kill the goose that lays the golden eggs.

But what do you do when the two come into conflict and you're forced to make a decision that either is in Britain's interest, or the interest of Britons, or citizens elsewhere in the world?

The taxes will be 153,000.

I'm not a charity commissioner.

A benefit to both our worlds.