So therefore, I put it down there.

Well, that one time lump sum fee should probably be spread over the life of the debt, so you would amortize that expense over its life.

They're usable over two years.

And then their SG amp A is the same.

So I'll just write down the number first.

And there's all sorts of intangible assets that you might amortize.

But this I just want to show you some data here.

And amortizing really just means spreading out the cost of this asset, just like depreciation was spreading out the cost of a physical asset.

This is the interest rate you assume.

And I'm running out of time in this video, and I'll cover it in the next, but you might have also heard of the word

Really, in my mind, it's very similar to depreciation.

Well, you know depreciation, man.

And just so you know, most corporate debt actually works that way.

You're still solvent.

They serviced the loans.

This is all a review of the depreciation video.

To figure out the cash from operations from actually how much cash the operations are producing.

So no cash went out of the door.

Depreciation is tangible.

We would create incentives for securitization.

Payable to the City of San Francisco.

Helps bring it down.

If you divide 50,000 by 4, it's 12,500.

No, we didn't.

That's just the gasoline cost.

So 20,000 over 3 years is the life of that truck.

You have 189,000 as the value of this equity.

Now let's say it gets even worse.

What is your strategy in your household?

Well everyone knows that it's not going to be exactly 10 .

So that's bankruptcy.

You go get bankruptcy protection.

This guy, he does have interest.

It allows let's say this group of borrowers let's say this pool of borrowers right here actually didn't

Our profit, once again, is 30,000.

It can do it through debt or equity.

I have 4 billion in residential CDOs, collateralized debt obligations.

Over the next few years big decisions will be made in Washington on jobs, the economy, taxes and deficits, energy, education, war and peace.

External debt something that I can tell you a long story about because I personally worked on one of the biggest debts on the continent has come down dramatically.

It just makes economic sense. Right now, solar paybacks are between 30 and 50 years.

So I used half of it in year one.

So we still have the same amount of debt.

So, each of these is an investor.

Have a surplus? Take two tax cuts, roll back some regulations and call us in the morning.

It's exciting, but we went over our finances and...