This is the retiree health care benefits.

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

So we still have the same amount of debt.

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

This is the angel investor, and this is all of us down here, and all of this is equity.

I've put every money Launderer in Gotham behind bars but the mob is still getting its money out.

That assets, A for assets, is equal to

As long as they don't get to Lau, we've cut off their funds.

But essentially what happened is the investors in the mortgage backed securities provided the money to the special purpose entity to essentially loan to the borrowers.

The second is collaborative lifestyles.

So it buys, it buys debt.

It should start to make a little bit of intuitive sense

(Audience cheers) And while my opponent would spend more money on military hardware that our Joint Chiefs don't even want, I would use the money that we're no longer spending on war to pay down our debt and put more people back to work rebuilding roads and bridges, and schools and runways because after two wars that have cost us thousands of lives and over a trillion dollars, it's time to do some nation building right here at home.

And you hear the words scarce resources a lot when people talk about economics.

That was one of those turning points where I said, wow what am I doing here?

You're still solvent.

They serviced the loans.

lying about my balance sheet, then I actually am good for the money.

nothing but a communist cell.

Or the other way to view it is, assets minus liabilities is equal to equity, right?

So this is just another visual representation that

Where do they get their water? Where do they get their shelter?

Resources.

And then the equity is, essentially we would look at this formula.

Bonds were issued to finance a war.

liabilities.

And if you look at the species level, you saw about fish.

(Applause)

We would create incentives for securitization.

Payable to the City of San Francisco.

And so when the Federal Reserve or any Central Bank prints money, and it buys debt, it goes out into debt markets and it buys it, it usually buys the safest kind of debt, but that affects all of the debt markets, it goes out and buys in the debt market, they're essentially shifting the supply curve of money to the right, they shift the supply curve to the right.

Helps bring it down.

So the only liability is this 5,000.

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

Now let's say it gets even worse.

They're giving it to me for safekeeping.

And to show that, you can put on the way of United Arab Emirates.

What is your strategy in your household?

This is 120,000 in equity, market value of equity, he has another 105,000 in liabilites.

liabilities plus equity is equal to assets.

They are the happiest place.

In order to restore the bond, we need to utilize regional resources.

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

So that's bankruptcy.

You go get bankruptcy protection.