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.

Also, in the interest of security and public safety...

This is the world first scrub for the iPad.

So now look at the different lens.

To go to war, to free people from an outside aggressor, is noble

People do not enslave people to be mean to them.

And that's my dad found that.

And so you can already imagine that both EBlT and the way I defined it initially, operating profit divided by assets.

So the idea is we can make advertising useful, not just annoying, right?

And it was primarily because Kiribati realized that this was in their own self interest to do this.

If they start to abuse their power, serving the interests of a selected few, instead of the common interest...

So, that's one general conclusion about why societies make bad decisions conflicts of interest.

Kill the goose that lays the golden eggs.

Let no one appropriate a common benefit.

Everyone has a right to enjoy his liberty, and all the more, his life.

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

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

The word arbitrage sounds very fancy, but it's actually a very simple idea.

The way I like to put this is one idea.

Create service packs for sharing with other computers

So, it was not necessarily a bad thing.

That is what America stands for that is the outcome that we will work for with sanctions and consequences for those who persecute and assistance and support for those who work for this common good.

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

They buy more of your service and they tell more of their friends, which leads to more profit.

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.

Science comes first, but business comes a close fucking second.

I must be allowed to close the door. Come out, then.

But go to war to defend the interests of the USA,

I mean, these are state assets.

We share written things, we share images, we share audio, we share video.

And that's what these brands did.

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.

He would do anything for gain.

And then if you subtract your costs from your revenue, or if you just add these two numbers, because this one is negative, you have your gross profit.

You need to be authorized to share folders.

You need to be authorized to share directories.

To discover compassion, you need to be compassionate.

Turns out Singapore and Hong Kong are cities that made huge gains on the value of the land that they owned when they got started.

He acted in his own interest.

People tend to place a much higher value on losses than on gains.

There is no interest... in the common good.

We must always consider the public interest.

Where do we go from here?

War does have its benefits...