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Fiscal Policy — Transcript

by Andrew Johnson · 10,072 words · 1,481 segments · language en · Watch on YouTube

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0:01hey welcome
0:03back so we were talking
0:07[Music]
0:08about
0:10LBJ and the
0:12infamous Andrew Johnson
0:17dollars Andrew Johnson
0:20dollars pretty crazy there there's the
0:22Andrew Johnson dollars see nothing he's
0:25got hair I don't anyway so um LBJ was
0:30able to go to
0:32war go goes to war didn't raise taxes
0:36didn't increase debt increased social
0:40spending and he did it by printing money
0:42which should have caused inflation
0:44shouldn't it should so the value of
0:46money should have gone down it did not
0:49and people say how is that possible
0:52because we've been talking about the
0:53supply curve for money the supply of
0:57money right but remember there's also a
1:01demand curve for money oh so prices
1:05change depend where the pr where the
1:07supply curve and the demand curve mean
1:10so the supply curve for money changed
1:13but also the demand curve for money
1:15changed and that's called fiscal
1:19policy fiscal policy is the demand curve
1:23for money have you ever heard the phrase
1:24it takes money to make
1:26money it does it takes money to make
1:28money right right so you need money for
1:32the jobs so think about all those jobs
1:35that were created when they were going
1:37to the moon and they're going to Vietnam
1:40War and they're building community
1:43colleges all across the United States
1:46right that creates all sorts of jobs
1:48doesn't it so you have these people with
1:51jobs you have to pay them don't you so
1:53you need money to pay them so that
1:56causes the demand curve for money the
1:58demand for money to go up when you have
2:00all these jobs don't you wow wow wow wow
2:05so since there was so much more money
2:09there's a lot of money out there but
2:10there's a lot more demand for the money
2:13they actually balanced
2:15out yeah yeah it nothing really happened
2:18right it should by printing all that
2:20money it should have gone the economy
2:21should have just collapsed it should
2:22have been just a terrible mess but all
2:24those jobs are created and balanced
2:28out hey that's pretty smart isn't
2:31it now let's talk about the grand
2:35Dam think of how many damn jobs were
2:38created when they built the grand
2:40Dam so well they had a lot of damn jobs
2:43but those are no no no think about the
2:45grand Dam right first you have
2:46the damn workers don't you right so you
2:49got to pay the damn workers what what
2:51happens when the damn workers get sick
2:53you got to get a doctor to take care of
2:55the damn worker right the damn workers
2:57got to eat the damn workers have to have
3:00a place to sleep at night think of all
3:03the damn jobs were created when they
3:04built the grand
3:06Dam a lot of damn jobs yeah same thing
3:11happened during the war think about all
3:13the jobs that created during the war
3:16same thing so it printed about it
3:17balanced it out well well well but it
3:22gets different so then LBJ everybody
3:25said LBJ you made a big mess with
3:28Vietnam and he knew he not wasn't going
3:30to get reelected so then he uh didn't
3:33run for re-election and we hired a new
3:35guy his name was Richard
3:37Nixon Richard Nixon became president of
3:40the United States after LBJ and he was a
3:43crook had caught him doing all sorts of
3:46terrible terrible things very very
3:48dishonest
3:49person and he said elect me to president
3:53I'll get his out of
3:55Vietnam he didn't because if he got us
3:58out of Vietnam all those jobs associated
4:01with the Vietnam War would have gone
4:06away um he says I'll get us out don't
4:09worry I'll get us out he didn't so he's
4:11in for four years he didn't get us out
4:14stats quot right then he goes elect me
4:17for another four years and I'll get us
4:19out this time right so they elected him
4:22for another four years but that we
4:24caught him doing some really bad stuff
4:27and he was getting ready to be impeached
4:30yeah impeached does anybody know the
4:34name of the first president to ever be
4:39impeached the name the very first
4:41president to ever be impeached I'll give
4:43you a
4:45hint Andrew Johnson right so I was the
4:48Andrew Johnson was the first president
4:50to ever be impeached that's how bad he
4:52was he won by I think like by one vote
4:55right but he did not get he didn't get
4:56kicked out impeached means you go to
4:58trial right
5:00and so so now we've had three presidents
5:04who have been impeached Andrew Johnson's
5:06a first though okay
5:09so he they he was getting ready to be
5:12impeach and he was gonna lose and he
5:14knew he was GNA lose
5:16bad because he recorded all the evil
5:19stuff that he had done we had they some
5:22somehow we found copies of the tapes
5:24where he talk yeah you can Google them
5:26and you can listen to him called the
5:28Watergate tapes you hear him and they're
5:31not that interesting he's just was a
5:33mean old man so then he steps down and
5:37his vice president comes up and he
5:39becomes president name was Gerald Ford
5:42now Gerald
5:43Ford um was considered one of the most
5:45honest presidents we've had too he was
5:47very very honest and he said hey I
5:52promise to get us out of the Vietnam War
5:55and we will be out when I get out of
5:59office
6:01or at the end of my first term you know
6:03so two more years so they said so he
6:06actually kept his word he did he pulled
6:09us out of Vietnam right just as he's
6:11leaving office he lost to the other to
6:14the next guy and just as he's leaving
6:16office he pulls
6:17out and then we get this guy Jimmy
6:22Carter as soon as Jimmy Carter becomes
6:25president our inflation goes up to about
6:3020% 20 20% inflation right right and
6:35remember the Space Program had been
6:37canell by the time he came around right
6:40so we stopped going to the Moon uh the
6:43Vietnam War was completely gone so now
6:45you got all this money flooding the
6:49market and the jobs went away and you
6:52get to 20% inflation and everybody says
6:55Jimmy Carter you're a terrible president
6:58look how much inflation have under you
7:01well was it really Jimmy Carter's fault
7:04no no it wasn't right whose fault really
7:08was it it was
7:10LBJ right now I'm not being political
7:13because Jimmy Carter and LBJ are the
7:15same political we're in the same
7:16political party right so it's not like
7:19it's Democrats versus Republicans or
7:21anything like that but everybody blames
7:23poor Jimmy and it really wasn't his
7:26fault right but sometimes you get credit
7:28for other people stuff sometimes you get
7:30blamed for other people's stuff they got
7:34blamed
7:36so a lot of you guys have been to
7:38Disneyland haven't you Disneyland my
7:41daughter wants to go to Disneyland so
7:43bad she's just like screaming Disneyland
7:45Disney she's saving money so when she
7:47goes to Disneyland she'll have money
7:48she's six right she's I think she's got
7:51like 50 bucks already saved right just
7:53going
7:54crazy so Disneyland has a castle you've
7:58all seen that cast cast the Disneyland
8:00castle it actually exists in real
8:04life the Disneyland castle does actually
8:07exist and not Disneyland in
8:11Germany so here's the Disneyland castle
8:14it's could Mish Einstein I can never
8:16pronounce it the right way nanstein name
8:19I don't know anyway nanstein is the name
8:21of this Castle I've been there been
8:23there a couple times I've run all the
8:25way through this castle and had a lot of
8:26fun it really
8:28exists now the guy who came up with this
8:31castle by the way it's the only castle
8:32in the world that really looks like it
8:34does but it's the standard Castle it's
8:36the Disneyland castle that we all think
8:38of right so this Castle was created by
8:41this guy named Crazy King
8:43ludig now crazy King Ludi I mean he was
8:48he was Bonkers weirdo right to give you
8:52an idea how weird this dude was when he
8:56built this beautiful castle he designed
8:59it and had it built it's really really
9:01cool and beautiful in one of the rooms
9:04there is up up towards the top he built
9:07in a Blue
9:09Cave say a Blue Cave a Blue Cave you
9:14know with stag ties and stag mites and
9:17water dripping and all this and he made
9:19it blue
9:22now when would a normal person ever
9:27create a be
9:29beautiful castle and put a blue cave in
9:35it I
9:37mean he was crazy crazy crazy King now
9:41crazy King ludvig loved himself very
9:44very
9:45much he thought he was
9:48Neato so crazy King ludic decided to
9:52build more than one Castle see back in
9:54the day way back then it's like you
9:56build a castle and you show everybody
9:58how cool you are kind of like driving a
10:00Porsche if you're rich you drive a
10:01Porsche so everybody says oh you're cool
10:03which I don't know if that really makes
10:05you cool or not but anyway that's what
10:07people do they say Drive look look at me
10:08I'm driving in my porit you must think
10:10I'm really cool right so back then you
10:14build a castle to show everybody how
10:16cool you are okay now Castle think about
10:19a castle very expensive to build isn't
10:22it it takes a lot of money right but you
10:26can do that and crazy King ludig was
10:28loaded had all this money so he decided
10:31that he's cooler than most Kings so he
10:34decided to build more than one Castle so
10:38here's some pictures of some of his
10:43castles King ludvig's
10:46castles right so there's newstein right
10:49the one that the Disneyland castle this
10:51is from the back view there's you can go
10:53up it's on top of a mountain kind of
10:56it's a long walk but then you get around
10:59behind it and there's this beautiful
11:00waterfall and you can just stand right
11:02there and look take this picture so this
11:05is what it looks like on a nice sunny
11:07day I've been there on sunny days and I
11:09went one day and it rained on me the
11:10whole time and I was cold and
11:12miserable uh but it's still gorgeous
11:14either way right so that's nanstein
11:17that's pretty
11:18cool okay then he's got some other
11:22castles here you'll
11:23see so newstead this is most famous now
11:27this one is this is the one that he was
11:30he grew up
11:31in and
11:33it's okay by Castle standards I mean
11:36it's got some cool stuff to it but it's
11:38older it's not nothing like newstein but
11:41anyway this is his other castle and this
11:42is just at the foot so if you want to
11:44just go see newstein you can see this
11:47also but nobody really sees it because
11:49you want to see the Disneyland castle
11:51you can go see this one if you want to
11:53but it's not that interesting right then
11:56you've got linderhof linderhof is
11:59beautiful it's a palace not a castle I
12:02know and this picture does not do it
12:04justce you see wow it's not that big it
12:06actually is Big there this big old area
12:09on there uh and it's got Gardens and
12:11stuff all around it it's really really
12:14cool
12:15right and then you've got
12:19nienberg I doubt if that's how it's
12:21pronounced but ni bird um uh yeah you
12:27I've been there too yeah yeah yeah and
12:29there's another here's another house
12:31he's
12:32got and he's got this palace here by the
12:34way this Palace isn't finished right he
12:37says I'm gonna beat Versailles and the
12:40French we're gonna show the French how
12:41to make a castle he makes this beautiful
12:43cat it's not finished yet right you walk
12:45in it and there's areas that just aren't
12:48finished actually there's areas in
12:50newstein that aren't finished either and
12:52you're going like that's weird not
12:55really so
12:57weird so that's all the king's
13:01castles yeah now think about
13:05this he starts building castles building
13:08castles building castles he used up all
13:10their money on pretty
13:13castles now if you were German and your
13:17king spent you were a fairly wealthy
13:20country and your king spent all his
13:23money all of your money on pretty
13:26castles would you be happy with your
13:28king
13:30and they weren't happy with him right
13:33and you know how they rewarded him for
13:36um spending all their
13:39money they killed him right he di well
13:44technically it was an
13:46accident he accidentally
13:49drowned in two feet of water and he was
13:53an excellent
13:54swimmer yeah they held him down
13:57underwater till he stopped wiggling
14:00right that's how they killed him right
14:02so then they said we're not going to
14:04finish building these stupid castles
14:07let's go so they stopped they stopped
14:09all the production right now let's think
14:12about this so now all the before you had
14:14all these people working on castles all
14:16over the country and now their jobs are
14:18just
14:19gone right so now what happens all those
14:22jobs went away all the supporting jobs
14:24went away all those other jobs and the
14:25economy starts to crash it starts to go
14:28down down down down down then they had
14:30something called World War
14:33I World War I they got in a in a fight
14:37with a bunch of other
14:39countries it was a really basically the
14:43war was caused by somebody took a wrong
14:44turn in a
14:46car who would think that taking a wrong
14:48turn in a car can cause a World War but
14:51it didn't so now Germany and Hungary and
14:54all these countries everybody's fighting
14:56everybody else but think of all the jobs
14:58are created during World
15:01War a lot of jobs stimulated their
15:04economy so as they have the war going
15:06stimulate their economy goes up and up
15:08and up right uh and then they lost World
15:12War I okay after they lost World War I
15:16the other countries like France and
15:18England that fought Germany said hey we
15:21had to spend a lot of money on World War
15:23I you need to pay us back what do you
15:27mean pay us back all the money we spent
15:29you need to pay us back so what we're
15:31going to do is anytime you make any
15:34money in Germany we're going to take it
15:36to pay off your debt right that you owe
15:38us for causing this war when somebody
15:42took a wrong turn right so now anybody
15:47creates creates a job anybody has a job
15:49what happens to those jobs they go away
15:52because the French and the British are
15:54just stealing them right so their
15:55economy goes down down down down it was
15:58a bad place to be you did not want to be
16:01in Germany at this time right the
16:03inflation was inflation rates were up
16:05there with Zimbabwe right just really
16:08really terrible place to go so the
16:10econom is going down down down down and
16:11people are starving terrible thing and
16:14then comes the worst man in the history
16:17of the
16:18planet Adolf
16:20Hitler and Adolf Hitler
16:23said if you give me power I will make
16:28Germany great
16:32again he said that you don't believe me
16:35Google it he said he will make Germany
16:38great
16:40again I know yeah exactly right right
16:44it's called the Third Reich he says we
16:45were great before we'll be great
16:48again that's what now Adolf Hitler evil
16:53terrible man but he did one thing he did
16:57fix the German economy he did so many
17:00terrible things but he did one thing and
17:01how do you fix the economy go to war
17:03with everybody so he goes to war with
17:06everybody he's doing ter he's killing
17:07thousands of people right I've been to
17:09concentration camps in Europe they're
17:12not happy places I've taken students to
17:15uh concentration camps uh in in uh
17:19Poland and Germany and everybody cries
17:22you cannot go to one of those places and
17:24not cry it's part of what what you have
17:26to do when you go to I mean so he did
17:28all these terrible
17:29but he did fix their economy okay then
17:34they lost World War II and now they're
17:37still a fairly wealthy country yeah
17:40they're one of the wealthier they're in
17:41the top 10 wealthy countries of the
17:42world right but they're not rock stars
17:46right so then you look at England
17:49England they used to say the Sun never
17:50sets on the British Empire which means
17:53they had land all around was always
17:55someplace with the Sun up around the
17:57world wow now England went into World
18:00War I fairly wealthy but it cost them a
18:04lot of money right then they won World
18:07War
18:08I and so then they started taking money
18:10from the Germans but their economy still
18:12started going down a little bit right
18:14and then World War II happened their
18:16economy goes up and then after World War
18:19II it went back down again went down
18:23down down and it's pretty close with
18:25Germany United States we look like that
18:30we were okay wealthy country before
18:32World War I we got in World War
18:34I stimulate our economy a little bit
18:38after World War I we had something
18:39called the Great
18:41Depression was bad you did not want to
18:43be in the United States because all
18:45those jobs had gone away we had the dust
18:48bow it was just a big terrible
18:50mess and our economy start to go down
18:53down down down down not like the Germans
18:56but still this was a bad place to be
18:59right called the Great
19:00Depression then we had this President
19:04his name was
19:05FDR Franklin Delona Roosevelt and he
19:08says I think we can fix it so he says
19:12we're going to start to build
19:14roads and
19:16schools and
19:19hospitals and
19:21universities and those will create jobs
19:25and when we create those jobs that will
19:27stimulate our economy
19:30sounds like a good idea actually it was
19:32pretty good idea so our economy was
19:34going down down down he's doing all this
19:35stuff and slowly starts to turn and then
19:39all of a sudden we had World War II now
19:43World War II was pretty bad right so now
19:47the whole United States focused on the
19:50War I mean that's it it was you couldn't
19:52look anywhere without hearing about the
19:54war right everybody's so focused and we
19:56spend all these money on tanks and
19:59airplanes and boats and ships and
20:02Torpedoes and building a big bad bomb we
20:06spent so much money on to stimulated our
20:08economy and our economy goes
20:11up hey that's pretty cool right so it
20:14went up up up up fixed our economy after
20:17World War II our economy went down a
20:19little bit and then just goes straight
20:21up right we went from being a pretty
20:26wealthy country to being the Jeff Jus or
20:30Bill Gates of the world so well I'm not
20:33that rich if you're in the United States
20:35you're rich if you were listening to my
20:38if you see in my face right now my in my
20:40lack of hair right now you are rich so
20:43no you don't know me do you have indoor
20:45plumbing do you have clean water did you
20:47get enough
20:49food I've been to lots of places where
20:51the answer to all three of those
20:53questions is
20:55no yeah so we are rich
20:59now what happened though it's kind of
21:00scra so we went from being pretty okay
21:03wealthy to being it just like in a
21:07really quick period of time so we had
21:10something happen at that
21:12time something happened to something
21:14happened to us okay so we decided that
21:17we were going we decided to do something
21:20we decided to go to the
21:22moon the space program space Pro going
21:26to the moon going to the Moon going to
21:29the Moon made us silly stinking Rich no
21:33we didn't make much money going to the
21:36Moon we made it huge did you know um a
21:39normal investment in the stock market is
21:4115% return on your investment minus 3%
21:44for inflation about right which gets you
21:47a 12% 12% is a it's a good rate although
21:51some investors will give you lower rates
21:52we'll talk about when we talk about
21:54investing see why that's right and why
21:56that's wrong well anyway just figure
21:5912% okay we put money in on the space
22:03program we put more money on the space
22:06program that has ever been spent on any
22:11single nonmilitary related project so
22:16not going to war we put in more money on
22:18the Space Program than anybody on any
22:20single project has ever put in way more
22:23than the grand
22:24D we put in huge amounts of money on it
22:28I mean
22:29and so normal investment the stock
22:31market's 15% minus 3% inflation so you
22:34get 12% we got over
22:3740% return on our
22:40investment say Andy we got a couple moon
22:43rocks who cares about a couple moon
22:46rocks because you don't care about the
22:48moon rocks and going to the Moon wasn't
22:50it it was all the research and
22:53development to get to the moon that's
22:56where we made our money
22:58oh see go go in the Moon is not an easy
23:01thing but it's all the spin-offs all the
23:04R&D that we did associated with it we
23:06got so much stuff from the space
23:09program okay so send people up to the
23:13space program right we're going to sends
23:14people to into to the boo right in outer
23:18space now what are people made out of
23:22what is the number one ingredient of
23:25people water we're basically water bags
23:29that's what we are we're lot of water
23:31right so if you've ever gone outside on
23:34a cold day and you go and you can see
23:37your breath can't you right when you're
23:39a little kid didn't you act like you're
23:40smoking cigarette
23:41you yeah yeah yeah okay we all did
23:45that well I don't know if they're doing
23:48it so much now they probably are maybe
23:50they're pretending like they're vaping I
23:51don't know anyway so now so we're water
23:54creatures so we're going to put you in a
23:56bear can right space Space Capsule is
23:59basically an aluminum
24:01can right and we're going to put you in
24:04a a your warm wet creature we're going
24:07to put you in a beer can with lots of
24:10electronics now think about it if you
24:13take a can of Coca-Cola out of the
24:15refrigerator on a hot muggy
24:18day what happens to the
24:20can well it gets warm no no no no no
24:23before that it sweats doesn't it you get
24:26condensation
24:28get all this water running on the sides
24:30of your can so now we're going to put
24:32you which you're a warm wet bag of water
24:37in a beer can with electronics in outer
24:41space and what's the temperature in
24:42outer space it's cold right so what's
24:46going to happen you're going to have
24:48water and it's going to get in all the
24:49electronics now what happens when
24:50Electronics touch
24:52water throw your laptop in the bathtub
24:55and see what happens it isn't pretty
24:59well my laptop is
25:01waterproof really it's not waterproof
25:04it's water
25:05resistant oh yeah so it's not if you've
25:09ever had one to have your cell phone
25:11dropped it in the toilet I haven't but I
25:14can see how that could happen very
25:16easily
25:18yeah what yeah so maybe the new ones
25:21okay maybe you've got the iPhone right
25:24and maybe it's supposed to be
25:25waterresistant
25:26not waterproof anyway so they said we
25:29need to find a way to dry that
25:32water how can we disperse the water
25:34drying it so they came up with water
25:37drying formula number one it didn't work
25:40came up with water drying formula number
25:42two it didn't work 3 four 5 6 7 8 9 10
25:45then they finally came up with something
25:47called water drying formula number
25:5240
25:54WD40 now when you see a can of WD40
25:58you say wow look at this space
26:02technology you don't WD40 is wonderful
26:05stuff though so so right now if you've
26:07got a bolt and you need to get that bolt
26:11off but it's rested you squirt a little
26:13WD40 in there you wait 20 minutes and it
26:15comes right off right before you had to
26:19get a flamethrower basically and cut the
26:22bolt off and then weld another one on
26:25there that's a mess isn't it think about
26:28how much money WD40 has saved us now
26:31there's a lot of stuff that you have no
26:34clue that came from the space
26:36program so let's see here everyday
26:40things that you didn't know were
26:41invented by NASA smoke
26:44detectors think about this if you're up
26:47in outer space and you catch fire you
26:50can't just like pull over to the side of
26:52the road and get out buyers are pretty
26:55bad out space SP yeah um cordless
27:00drills no battery drills they got
27:03together and they built
27:05drills when you get your little handheld
27:08drill out you say wow space
27:10technology I don't but it
27:13is space blanket you know how many lives
27:17this thing have saved the space blankets
27:21are absolutely amazing if like they're
27:23about the size of a pack of a deck of
27:25cards but if you're an emergency you
27:28open it up and it all it reflects all
27:30your heat back on you and it almost
27:32feels like it's heating you in fact it
27:35does feel like it's heating you but it's
27:36really just you're just not losing the
27:39heat wow thousands and thousands of
27:42lives have been saved because the space
27:45blanket right
27:48sunglasses sunglasses sunglasses they
27:51had sunglasses before not the same thing
27:53all right so when you go into outer
27:56space you look accidentally look at the
27:59Sun for just an eighth of a second and
28:00zap you're never going to see again
28:03right so they said we need to come up
28:05with some stuff to block the UV UVA and
28:08UVB and let's make sunglasses out of
28:12them for you and now now when you buy
28:15sunglasses they say UV 100% UV
28:18protection Space Program well
28:22tires now when I was a
28:25kid everybody knew how to change a tire
28:29and everybody changed tires it was just
28:31you had Flats everybody had a flat it
28:34wasn't uncommon to have a flat you knew
28:36it it was and the cars were actually
28:37pretty easy to change the tires because
28:39it kind of had to be because everybody
28:41was doing it all the
28:42time
28:44now well I had a car that didn't even
28:47have a spare tire on it no spare tire on
28:51this
28:52car wow because they last forever my
28:55grandpa when he bought a Model T
28:59he drove it home and the first thing he
29:01did was he put it up on Jacks so there
29:03wasn't any pressure on the tires because
29:05those tires didn't last very long now
29:08heck I haven't had a flat tire in a long
29:12time oh I don't care about
29:15that in a long long time I bet you a lot
29:18of you have never had a flat
29:20tire pretty crazy so the rubber on the
29:24tires they they wouldn't make something
29:25that would for like seals and stuff like
29:27that so it doesn't doesn't
29:30uh destroy itself so rubber tires memory
29:35phone you know those uh Temperpedic
29:37things yeah I used to have one it hurt
29:40my shoulders I didn't like the tempered
29:42but
29:44anyway okay tennis
29:47shoes your sneakers have technology in
29:50it go to a Value Village buy a real old
29:54pair of tennis shoes and put them on
29:56then go to the Nike store and put on a
29:59new pair of tenis shoes you cannot miss
30:02the
30:05difference longdistance phone
30:08calls yeah yeah yeah yeah I remember
30:11when you basically couldn't make a
30:15longdistance phone call to like Europe
30:17yep you I didn't know anybody who would
30:20I mean of course the president of the
30:21United States had the the bat hotline or
30:24something like that but it nobody did it
30:27now
30:28H
30:31Skype
30:36satellites uh solar power Sol we'll talk
30:39more about solar power you don't see
30:41these type in the United States very
30:43often but that these are more popular in
30:46Europe but what these are is instead of
30:50uh so here's a a building give unit this
30:52is a fairly large building so these are
30:54all mirrors so they're not building
30:57solar panel these are El these are
30:59mirrors and when the sunlight hits the
31:03mirrors the mirrors reflect the light
31:06and focus it back on these pilings so
31:09you'll be driving across the road
31:10driving through Spain and you'll see
31:12this big
31:13bright structure it's just like wow it's
31:17like it looks like the sun uh and what
31:20happens is it shines it back on here and
31:22it takes salt and makes it and melts the
31:26salt so melt salt with heat think about
31:29that then they take that salt Pump It
31:33underground and then when they need
31:35electricity they take the salt back up
31:38expose it to water the water boils
31:41because it's super super hot produces
31:44Steam and that produces
31:46electricity so wow solar panels we'll
31:49talk more about that and there you can
31:50kind of see the see them hitting that
31:54thing and bionic legs and
31:59yeah pretty crazy
32:01stuff okay um you said but Andy this
32:04stuff doesn't really affect me on a
32:05daily B I don't use WD40 on a daily
32:08basis here's a question do you
32:12eat well I'm an eater and you're an
32:15eater if you're listening to this video
32:18You're an eater right and eating comes
32:22from the space how does eating come from
32:24the space program so my
32:26dad remember he was a small time farmer
32:29in Nebraska he had that one big field
32:32right so one of the problems with corn
32:34farming is there's this thing called a
32:36corn root worm a corn root worm is this
32:40little tiny worm and it's bad we do not
32:45like corn root worms because what they
32:48do is they love to eat the roots on the
32:50corn so the Corn's growing they eat the
32:54roots the corn tips over falls down and
32:58dies and there's you don't get any corn
32:59from them and they're very hard to kill
33:03the only way to really kill corn R worms
33:04is with really
33:06expensive nasty
33:08chemicals you don't want nasty chemicals
33:11on your corn I sure don't so before the
33:16space program my dad would have to go
33:18out and spray his entire field with
33:22these terrible chemicals to stop the
33:24corn root
33:26worm now very expensive not good for us
33:30either to eat it he had no choice right
33:34then they came up with the space program
33:36and they started taking satellite
33:37pictures of his fields for him and they
33:40said here's a picture of your field and
33:42they would take it in different
33:43wavelengths and different like UVS and
33:45stuff like that and by looking at the
33:47satellite pictures he could tell very
33:51precisely where in his Fields he has
33:53corn root worm so now instead of
33:56spraying the whole field with tons and
34:00tons and tons of toxic terrible
34:03chemicals he hires a helicopter he says
34:06go get this spot get this spot and get
34:09this spot helicopter goes in there five
34:12minutes later it's all done they used
34:15three gallons of pesticide versus tons
34:17and tons and
34:19tons and yeah there's all sorts of other
34:23examples of things like this that have
34:26happened right you ever heard of canola
34:28oil in Europe they call it rape seed oil
34:32by the way canola oil is toxic it's bad
34:35for you but we figured a way to make it
34:37so it's
34:38not there's so many things if you ever
34:40if if you ever go scuba diving I'm a
34:43scuba diver love sco diving right you go
34:45under they have a thing called a dry
34:47suit and a dry suit is you can put on
34:50this dry suit and except for your hands
34:54and your face like this big you're
34:57completely dry and warm and you can be
35:00under 200 feet of water and you are
35:03dry wow well that's pretty cool now
35:07that's basically a space suit they just
35:09took the technology for a space suit the
35:11zippers and all that other stuff and
35:12just said let's use it for scuba diving
35:14too I mean it it affects your your your
35:17life in so many different
35:20ways now one thing I like to do in my
35:25classes is I like to teach you something
35:27that you did not expect to learn or
35:31see now one thing that I uh I do so you
35:35go to a math class you you say okay I'm
35:38going to learn math and I'm going to
35:39learn a formula or something like that
35:42right and that's what you do in
35:45this my classes are a little different
35:47in case you haven't figured that out so
35:49without further Ado I'd like you guys to
35:52look at a
35:54video now I'll put the I'll send this
35:57the link out to you so you get a video
36:00chance to see these two videos of Bill
36:04Gates drinking poo poo
36:08water I bet that's a sentence you never
36:11expected to hear in a business 101 class
36:13digit Bill Gates drinking poo poo water
36:17he really does and you'll get to see it
36:20and so I'll send you these links and you
36:22can see Bill Gates drinking poo poo
36:24water
36:26it's it's
36:30fun
36:32okay now so we're talking about research
36:35and development
36:36R&D that's how you make money that's
36:39it's all the
36:41R&D so let's look at companies that
36:44spend a lot of money on
36:46R&D how about Mr
36:48musk Elon Musk so Elon Musk how often is
36:53he coming up with new ideas and new
36:56things Stu
36:58there's a reason for that okay I Googled
37:01most valuable car company
37:05Tesla Tesla is now the most Valu now
37:08think about all the Innovations if
37:09you've ever been in a Tesla you know
37:11that they are amazing cars aren't they
37:14all the innovations that go in those
37:16things that they're crazy that's why
37:18they're beating General Motors and
37:20that's why they're beating Ford and
37:23that's why they're being
37:24Volkswagen and Toyota they are the most
37:27most valuable car company in the world W
37:32now Toyota's pretty good company too and
37:35they come up with technology stuff all
37:36the time don't they you driven a Toyota
37:38Prius you know what I'm talking about
37:41right wow so Tesla Tesla is the most
37:45because they spend so much money on R&D
37:47research and
37:51development okay so so you say
37:55Andy I
37:58don't think I'm G to get in the space
38:00program wait wait say Elon Musk is in
38:02the space program isn't he he's got his
38:05own little space program going on
38:07there
38:09huh huh what's happening to his
38:14wealth okay say but Andy I'm not a
38:18scientist
38:21I'm I'm a student at Belleview Community
38:24College I'm not going to be in the space
38:26I'm not a rocket Scientist by definition
38:30right now there is a project that's you
38:34can get into and you can make a lot of
38:37money just like the Space Program in
38:40fact this project has the potential to
38:44make more money than the Space Program
38:47ever even
38:48anticipated and it's something that
38:52almost anybody can get
38:54into so before George
38:58Bush senior died by the way I did two
39:00projects for him I got to meet him tell
39:02you stories about that
39:04but George Bush who is a republican by
39:09every
39:10definition and Bill Clinton who is a
39:13Democrat by every
39:16definition both agree on
39:19something what how often do Democrats
39:21and Republicans agree on something they
39:24both agree on this they both say that
39:28there's something way bigger than the
39:30space program and anybody can get
39:32involved in it and it's GNA be wide open
39:36and what could that
39:39be climate change say climate change I
39:43don't believe in climate
39:45change really no Andy I don't I don't
39:49believe it doesn't it's not mad M it
39:51doesn't
39:53okay you watch you watch the news and
39:55they say well you know there's some
39:57people that say that it doesn't exist
39:59yes there are it's like 99% of
40:04all earth scientists believe climate
40:07change is
40:09real and that it's caused by humans
40:12right they they do right are there a
40:14couple of weirdos out there that say it
40:15doesn't sure there are when I was
40:18growing up they said the same thing
40:20about smoking
40:21cigarettes right you had doctors that
40:23say nine out of 10 doctors prefer Camel
40:26cigarettes because they're better for
40:27you they're cool and minty and
40:29all they really did look go look go look
40:33back at the at the lature they they had
40:35all sorts of people saying oh cigarette
40:37smoking is actually good for you it
40:39helps clear your sinus passages and
40:41stuff well we know that that was a bunch
40:43of hooie don't we and people say the
40:46same thing with climate change so I I
40:49saw television where I saw this
40:51politician and he says said what do you
40:53think about climate change and the guy
40:56says qu
40:59I don't know about climate change is
41:00real I'm not a scientist so I don't I
41:03don't know about climate I don't I just
41:06don't know because I'm know as
41:08scientist
41:10okay you're driving down the road you
41:13see a baby on the side of the road with
41:17blood coming out of its ears and it's
41:19not
41:21moving do you need to be a doctor to
41:24know that that baby needs some medical
41:26help
41:30no you say yeah that baby might have
41:34been hit by a car or something or thrown
41:35out the window or something like that
41:37but I'm not an doctor so I don't know
41:38I'm just leave let it let it Let It Go
41:43no you don't I've traveled all over the
41:45world you cannot miss climate change you
41:48just cannot miss it right so we got this
41:51beautiful Park in Montana called Glacier
41:53National
41:54Park Glacier glacier's big
41:57pile of snow right okay there are at
42:01least 35
42:03glaciers left in there in 1850 they had
42:08150 by the year 2030 there will be no
42:13glaciers in Glacier National
42:16Park you can't miss it so I've traveled
42:18all all over the world right I got I've
42:20been all over South America South
42:21America is really cool now South America
42:25has some of the most beautiful mountain
42:27mountains in the world they are
42:30phenomenal you know what the name of
42:31those mountains are they're about the
42:34prettiest mountains in the world they're
42:36the Andes
42:39mountain is really they're called the
42:41Andes Mountain they spell it wrong but
42:44it's Andy Mountain so I've been all over
42:46the Andy Mountain I've been I've been
42:48glacier climbing and and had a lot of
42:51fun so guess how
42:54many glaciers in South America America
42:58are not in Retreat are not melting
43:03away one there's only one but it's fed
43:07by three other glaciers that are melting
43:09and as soon as those glaciers go away it
43:11will melt and go away they are all going
43:15away wow wow wow so uh up in Alaska they
43:20have something on Glacier Bay if you
43:22haven't been to Glacier Bay you need to
43:24go it's beautiful it's beautiful
43:27by the way 100 years ago Glacier Bay did
43:30not exist it wasn't there now it goes
43:34back 35 miles I've been it I've been
43:38there a couple times right it didn't
43:40exist before what do you mean there was
43:42there was no Glacier Bay it was just a
43:43glacier right but it's melted back 35
43:48miles right so I've been i' I've been to
43:51Glacier Bank couple times and i' I've
43:54been there so I was there like two years
43:57ago and then I was there 10 years before
44:00that you cannot miss the difference when
44:03you go to Glacier Bay between 10 years
44:0610 year difference you cannot miss the
44:08glaciers that are melting so here let's
44:12take a look let's got some pictures
44:20here come on pop up
44:29oh cut based what the
44:34heck I don't know why it's not coming up
44:36but oh
44:38well so I did a Google
44:45search climate change before and after
44:49pictures yeah I
44:53mean yeah versus that right you cannot
44:57miss it right when when you go there so
45:00I
45:01went and I remember a glacier that was
45:04like this you can get right up next to
45:07the glacier and it was cool
45:10right I was there 10 years later you
45:13could not see the glacier it was
45:15gone just gone this River of ice has
45:19melted right you you just can't can't
45:22miss can't miss it that that's climate
45:25change is everywhere look at that
45:28and people say well I don't think that
45:30it's really real it is so I went on a I
45:32went on Safari in Africa right wonderful
45:35stuff yeah I saw the elephants and the
45:38gazel and all sort I actually had an
45:41elephant attack my
45:43Jeep he put a big old dent in the hood
45:46yeah I was gonna take a group of
45:47students to um uh Africa but then I had
45:52that je that elephant attacked my Jeep
45:54and I thought maybe not such a good idea
45:56it was in kruer National Park if you
45:57ever know anything about South South
45:59Africa so a couple days later I heard
46:02another elephant attacked another Jeep
46:05and as they tipped it over tipped the
46:07Jeep over and as the people were
46:09crawling out of the tipped over Jeep
46:11they got a welcoming party from the
46:13local
46:14Lions not Lions
46:16Club lions and ate them so I said maybe
46:21not a good thing to do right so went
46:23went to Krueger Krueger's it's old park
46:25it's beautiful you see all you see see
46:27monkeys and warthogs and all sorts of
46:29great stuff it's it's really really cool
46:30you should go on by the way Africa is
46:33profoundly beautiful it is you think
46:36it's pretty it's gorgeous right you you
46:39unless you've been there you have no
46:41idea how how just raw Beauty it is but
46:43it it's really so then I went on Safari
46:46to so I went on a number of safaris I
46:47went to Kruger and then I went to some
46:48other places and I went on this other
46:51Safari
46:52and the park looked
46:55weird I looked at the it it just didn't
46:58feel the same there was just something
47:01weird about them I notic the trees
47:03weren't nearly as big or big around and
47:07it just didn't feel right and so we saw
47:10giraffes and all sorts of Critters and
47:13and uh but then I asked my tour guy I
47:15said this place doesn't feel like the
47:17other one and we're not that far away
47:19from it how come why is it this he says
47:21well this is new I said what do you mean
47:24new it's a new park it's a new park yeah
47:28brand new
47:30park really how do how what makes it a
47:33new park he says well these used to be
47:35wheat Fields call these trees no they're
47:38not here right we put the so we took the
47:41wheat field the the climate change
47:43stopped us from being able to grow wheat
47:45here by the way wheat uses almost no
47:48water wheat if you ever go to Eastern
47:51Washington and see where they can't have
47:53any if they they don't have water to
47:55irrigate they grow wheat because it
47:57needs almost no water I can it's very
47:59dry land
48:01tolerant but all the wheat Fields they
48:04died out they couldn't go they did not
48:05get enough water because of climate
48:07change so they said well so we had this
48:09Barren
48:10desert where the soil's not that bad but
48:14there's no there's no water for the for
48:17the wheat so what we did was we planted
48:19some
48:21trees and then we truck in water to
48:25water the trees and then we put
48:26elephants and some giraffes on it and
48:29then we get people like you to pay to
48:31come to visit the park the fake
48:35Park wow climate change you cannot miss
48:40climate
48:43change you say but Andy how can I make
48:46money on climate change oh there's so
48:48many ways to make money on climate
48:50change big time so went to
48:53India went to shanai India I'll show you
48:55some pictures of shanai IND Shai is this
48:58huge huge mega City on the southeast
49:02part of India right and if you go to
49:06India one of the things so I've traveled
49:09all over India right one of the things
49:10you'll notice in India is it's very
49:13polluted it's really polluted and we'll
49:15I'll show you some stats on that too but
49:18there's pollution everywhere so you go
49:19to
49:20shanai Shai very polluted they get over
49:24half of their energy from Renewables in
49:29other words solar
49:30panels wait Shai gets half of their
49:33electricity from solar panels and
49:34they're not doing it because they care
49:36about the environment the Indian
49:37government does not care about the
49:40environment at all they're doing it to
49:43make money and they are making money on
49:47it okay so see but that's the other side
49:50of the planet okay so so if you live in
49:52sish
49:54county sish county is working on getting
49:58Bing electricity as the tides come in
50:00and out so when the tides go up and down
50:02they usually go twice a
50:04day they're working on ways to De put
50:07little turbines underwater to make
50:10electricity uh I live over in North Ben
50:13our electric companies called Tanner
50:15Co-op they're investing in solar
50:17panels yep China and India loves solar
50:21panels right they love it and it's not
50:24because they are environmentally
50:25friendly
50:27they're not it's because they can make
50:30money so go to New Zealand New Zealand's
50:33a cool place to go to too see the kiwis
50:35which are really not that interesting
50:37the little birds that live underground
50:39anyway you can get to see the kiwis so
50:41in New Zealand they use petroleum pretty
50:45much only for
50:46cars everything else is you they use
50:50Earth generated heat so when you go to
50:53go to uh New Zealand you're walking
50:55through town and you'll see steam pipes
50:57and they get the steam from underground
50:59because it's geologically active and
51:01they steam in all their houses and so
51:03they they don't have any heating things
51:05or anything it's it's really really cool
51:07Iceland they do the same thing and you
51:09say well that's nice you can do that in
51:11Iceland which is basically a volcano and
51:13you can do that in New Zealand which is
51:15basically a volcano but we don't have
51:17any volcanoes here in
51:20Washington we
51:23don't well Mount St Helens
51:26Mount
51:27rineer Mount Baker Mount Adams I think
51:32there's another one three sisters we've
51:35got some volcanoes you say but anyy
51:37that's it's hard it's hard to get the
51:40heat from the ground have you ever been
51:42in the r building at Bel college that
51:46building uses almost no electricity the
51:49only electricity it uses is for
51:53lighting that's it oh how do they heat
51:56the building
51:57have you ever noticed if you I've been
51:59teaching there for a while did you know
52:01that ever notic that our building is
52:03always
52:04hot in the winter and you're say why is
52:08it hot shouldn't they be saving money
52:11because they use it like they get it
52:12it's geothermal heated from the earth so
52:16you there's a courtyard out in front of
52:18the r building and when they were
52:21building the our building that courtyard
52:23they built a whole bunch of deep Wells
52:25that go way down in the earth and then
52:28we pipe water down below to it it warms
52:31it up and then we take the warm water
52:32and we use it to heat the
52:34building at the time when our building
52:36was built it was one of the most uh
52:39environmentally friendly Green buildings
52:42in the world it's actually a very
52:44high-tech building now do you think
52:46bellia college did it because we care
52:47about the
52:49environment oh
52:51yeah okay some people do
52:55sure there's a lot of stuff that they
52:57could do that would be a lot easier on
52:59the environment right that they're not
53:01doing it they did it to save
53:04money now you go down to
53:08um to uh New Zealand and they have
53:13living
53:14buildings living buildings yep
53:29let's see
53:30here where's some of the living
53:34buildings see how they put trees there
53:37but there's one building that's really
53:39famous I'm surprised it didn't come up
53:42yeah here's one of the living
53:43buildings there's a real famous one yeah
53:46see they have on the
53:49inside where is that one there's a one I
53:52thought I had a link to it to show you
53:54because it's really really
53:59fun is that it I can't
54:05tell darn it I'll send you a link and
54:09get you a better picture but they do
54:11they have living
54:12buildings and the reason they have
54:14living buildings is they basically take
54:16a
54:17building and drape it with plants so
54:20it's covered with
54:23plants then they take the waste water
54:26that the building produces you know so
54:28when you brush your teeth or do
54:30something like that take a shower they
54:32take that water not the poooo water they
54:34give that to Bill
54:36Gates yeah so they take the waste water
54:41and they feed it to the plants so the
54:43plants take this water that was waste
54:46water and they eat it they drink it or
54:49what whatever plants do with water right
54:51now when the plants do
54:54photosynthesis they take the sunlight
54:57they take water and they take carbon
55:01dioxide and they let out the water it
55:04evaporates and the carbon dioxide turns
55:07into
55:09oxygen yeah greenhouse gas yeah o turns
55:13an oxygen which is not a greenhouse gas
55:16but also when it does this it lets off
55:19heat or it takes away heat so when they
55:23put these build these these plants on
55:24the side of the buildings first St it
55:26stops them for having to do water
55:28treatment which is a good thing right
55:30they can save a lot more water also it
55:32cools the building it's actually an air
55:35conditioner and it reflects some of it
55:37back and it's good on the environment
55:39and it's really cool looking too right
55:42and they're doing it so I've been there
55:44you walk by these buildings and so if
55:47you've ever been to Sydney this was in
55:49Sydney one that I've been to it's so hot
55:53Sydney is unbelievably hot all right and
55:57they spend a lot of money on air
55:59conditioning that's why they have these
56:01buildings you don't need air
56:03conditioning so you're walking down to
56:04straight Sydney all a sudden the
56:06temperature drops because you're like
56:08dying right because it's just you're
56:10just a big sweatball all a sudden the
56:12temperature drops and you're like going
56:14oh that's what's it and then you see the
56:15building so it cools they do that to
56:19make
56:21money
56:23wow so let's look at Electric
56:26cars electric cars Gotta Love electric
56:29cars I do no I don't like electric cars
56:31what do you do when the battery runs out
56:34well what do you do when your gas runs
56:36out of your car it's the same thing you
56:40plug it so if you get a a Tesla and
56:43Tesla's get like what 250 miles is on a
56:48charge and they have these Tesla
56:50recharging stations all over the place
56:52it takes you about 20 minutes to charge
56:54up your car well I don't want to wait
56:56around for 20
56:57minutes yeah you do you've driven 250
57:00miles and you haven't charged up you
57:02need to get out of the car anyway go get
57:05a cup of coffee go pee do whatever you
57:07need to do right so you you you pull
57:10into one of these charging stations and
57:12then they can charge up your battery
57:13100% in 20 minutes say but Andy I don't
57:17want to wait for 20 minutes Well
57:18normally you have to put in gas in your
57:20car don't you and how long does it take
57:22you to put in the gas so let's say it
57:24takes you five minutes to put in gas
57:26right then you need to go to the
57:28bathroom right so it's going to take you
57:30five minutes to go to the bathroom then
57:32you might grab a cup of coffee or some
57:35to heat right five minutes now you're
57:37ready to go it's the same thing plug-in
57:39cars by the way EVS so let's look at
57:43plug-in
57:49cars these are plug-in who makes plug-in
57:53cars when you think of a car company do
57:56you think of a company that's
57:58environmentally
58:00friendly you think Volkswagen was really
58:03worried about the environment when they
58:05caus all their cars to cheat on the
58:07emission
58:10systems no they're not so let's see who
58:13makes electric cars Audi by the way Audi
58:17is
58:19Volkswagen BMW BMW BMW BMW BMW Chevrolet
58:26Chrysler Ford Honda Honda Hyundai
58:30Hyundai Hyundai Hyundai Jag KIA KIA KIA
58:35KIA mercedesbenz mini mini Mitsubishi
58:39Nissan Porsche Porsche Porsche by the
58:43way Bill Gates drives a Porsche EV he
58:45drives one of
58:47these that's why Elon Musk doesn't like
58:50him because he's driving this car right
58:53right so Subaru Tesla Tesla Tesla Tesla
58:57Honda
58:58plug-in hybrid I bought my wife one of
59:01these so the first 25
59:03miles it's all electric and so we live
59:08in Northbend grocery store is about six
59:11miles
59:12away we never buy gas I haven't been in
59:15a gas station for a long time well what
59:18about how much you have to pay for
59:20electricity remember our electricity
59:22here in the Northwest is very cheap
59:24because the grand Dam that damn
59:26thing gives us the cheapest electricity
59:28in the in the the country so yeah it
59:31costs a little bit of extra money to
59:32plug in your car nothing like the price
59:35of gasoline well price of gasoline's
59:37down it is and what's going to happen
59:40the price of gasoline it's going to go
59:42up yes it
59:45is
59:47Volkswagen remember not a green company
59:51Volvo Volvo
59:53Volvo Bon I don't know but Who Bite Bite
59:56Me
59:57Is Right Ford Lucid I don't know that
1:00:01person who designed this car I don't
1:00:03think was very lucid Lucid means
1:00:06mentally
1:00:07aware Mercedes-Benz pstar I think I
1:00:10changed my name there too
1:00:13Tesla wow all these companies do it do
1:00:16you think they do it because they care
1:00:18about the
1:00:21environment nope NOP NOP nope now you
1:00:24say Andy I didn't see a Toyota Tessa I
1:00:27know because they stopped making Toyota
1:00:30tesas
1:00:31but here's the list of discontinued cars
1:00:35they don't make these cars any longer
1:00:38right well I can see why they don't make
1:00:41this car any longer you know if you
1:00:44drive one of
1:00:45those and you pull in the gas stations
1:00:47you're G to get beat up because it looks
1:00:50just so nerdy right BMW Cadillac Kota F
1:00:55car
1:00:56Ford Ford these are all the ones they
1:00:59don't make anymore fit mini Mercedes
1:01:03Tesla Roadster think Toyota EV Toyota
1:01:07RAV for this is what I have Andy you
1:01:11paid $50,000 for that
1:01:14car no I did not I did
1:01:18not so let's look at the Toyota Rav
1:01:224 so it's an electric car right
1:01:26discontinued when they sold them they
1:01:29charged you $50,000 for to buy them
1:01:31brand new you can only buy them in
1:01:33California okay but out of the $50,000
1:01:36then you got
1:01:37$7,500 tax credit so instead of 50,000
1:01:42now it's
1:01:4443 you say well still 43 is pretty
1:01:47terrible no in California if you drive
1:01:50an EV you get to use the carpol lanes
1:01:54too so now you get to drive in to work
1:01:58and you don't to pay all that money for
1:02:00you get in Faster he that's pretty cool
1:02:04yeah but Andy it only has 100 mile range
1:02:06that's correct it only has 100 mile
1:02:08range it takes a little it's not like a
1:02:10regular Tesla it takes a little longer
1:02:12to plug in yeah so if you want to go you
1:02:15said well what if I want to drive from
1:02:16here to Florida well then get a
1:02:19different car right it's not designed
1:02:21for that but it is for a commuter car I
1:02:24love my car it's fast it costs almost
1:02:27nothing to to drive and people look at
1:02:30it they go oh Toyota R for dpy car and
1:02:33then it just
1:02:35flies and there's no maintenance think I
1:02:38don't have to do oil changes I don't do
1:02:40brakes but you don't do break no no need
1:02:43to do braks it's regenerative which
1:02:45means when you press on the break it
1:02:48doesn't break it turns the motors that
1:02:51make the car go forward into generators
1:02:55and recharge chares the
1:02:58battery oh that's pretty good yeah so it
1:03:02gets a lot better mileage than you might
1:03:04think right so it's a great car Andy
1:03:06though I was still $43,000 wait a second
1:03:09isn't that about what a top-of-the-line
1:03:11ra 4 goes for now pretty close no by the
1:03:15way I didn't pay that I paid $177,000
1:03:18for
1:03:20it
1:03:23$177,000 how do you get it for $177,000
1:03:25it was used it was three years old right
1:03:28it had 30,000 miles on it right a Toyota
1:03:31with 30,000 miles what does
1:03:34that brand new it's not even broken in
1:03:37right so yeah had 30 so it was used
1:03:40right
1:03:41and 17 isn't bad no no it gets
1:03:45better because the
1:03:47$117,000 that it cost you figure how
1:03:50much money you're going to save on
1:03:54fuel brakes
1:03:57uh fuel braks
1:04:00gasoline oil
1:04:02changes this is electric motor nothing
1:04:04goes wrong with electric motors but very
1:04:07rarely they're very very very very very
1:04:10reliable so whenever you see a cho cho
1:04:12they use diesel electrics basically they
1:04:15use a diesel engine to produce
1:04:17electricity to drive the train you ever
1:04:19ride the fairies they use the same
1:04:21system they're doing it for a reason
1:04:23because it's very efficient and they're
1:04:24very reliable so they don't have to
1:04:26worry about it breaking down and they
1:04:28don't well Fair break down all the time
1:04:31yeah it's probably the diesel part not
1:04:32the electric right so these things are
1:04:34going to last forever so if you take all
1:04:36those those together and then you figure
1:04:39out how much you're
1:04:41saving I figured that the fiveyear
1:04:44fiveyear cost to operate this car when
1:04:47you take all those away and then you add
1:04:50in
1:04:52electricity I figure that the cost to to
1:04:55to buy it
1:04:56drive it five years and sell it I figur
1:05:00it's going to cost me about
1:05:01$3,000 to
1:05:04own
1:05:05$3,000 fiveyear cost of ownership go on
1:05:09Kelly Blue Book or whatever and see what
1:05:11the fiveyear cost to operate most cars
1:05:16is a lot more right so you buy go buy a
1:05:20brand new rad 4 it's probably going to
1:05:22cost you closer to
1:05:2425,000 in operating said drive it for
1:05:27five years and then then sell it yeah it
1:05:31huge difference huge difference that's
1:05:33why I drive the ramp for yeah yeah and
1:05:36you you'd never know it except you
1:05:38except there's no
1:05:39tailpipe it's quiet everybody rides in
1:05:42it they go this is so quiet and smooth
1:05:44it is and fast pretty fun
1:05:48so we'll talk about more about making
1:05:52money a little bit but it's been nice
1:05:54talking to you have a good day bye- bye

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