ee. We're talking about being completely out of business in a few years. I don't know what's going on because I was pretty sure that this is an unsustainable level of spending and apparently we're just going to do it. We're just going to do an unsustainable thing. What am I missing? Did we really decide that death was better than life? Because life would require us doing a bunch of things that the bureaucracy doesn't like. I don't know.

Well, former Google CEO Eric Schmidt told Congress that 99% of all electricity will be used to power AI. Do you believe that? This is according to Joe Wilkins in Futurism. Do you believe that 99% of all electricity will be used to power super intelligent AI? What would the rest of us do? Why would you even need super intelligence if it was going to use all of your electricity? Like you wouldn't be able to iron a shirt, but at least you'd have AI. I know. I think he's probably just making a point with hyperbole. The point being we need a lot more energy.

According to the Washington Times, drug traffickers made 1.4 billion from the fentanyl trade in 2024. I don't know how they measure that. How in the world could you know that number anyway? And China, as you know, is the main supplier of precursor chemicals but I guess India is coming up fast too as a supplier of these precursors. So that's not good. If it's that profitable nothing's going to stop it. You know, people will do anything for 1.4 billion.

You might know or maybe you didn't know that the Hollywood writers were on strike. How many of you even knew that the Hollywood writers were on strike? I didn't even know it. But apparently during the strike the losses of jobs were tremendous. Forty-two percent of the writing jobs went away between 2023 and 2024. Forty-two percent went away. Wow. So I always thought the shows had too many writers. Anyway, some of my favorite shows had one writer. Do you remember The West Wing and the guy who wrote it? Most of those were written by the same guy. Do you remember Babylon 5? Most if not all of them were written by one guy. So it seems to me we have too many writers. That's what I think.

Anyway, there's some negotiations going on between Iran and the United States over in Oman. They were there yesterday and both the Iran and the US team said that it was positive and constructive talks. Now what does that mean? So the one and only thing we're really asking of Iran is you can't have a nuke. So what does the meeting sound like? All right. The one and only thing we want is you can't have a nuke. Oh, we're definitely going to have a nuke. And then what do you talk about? What could you possibly talk about when the one thing that you want is the one thing they're never going to give you? Is there nuance there? Is there anything else on the table that they need to talk about? Because if they get the no nukes part, probably everything else is easy, relatively easy. So I don't think anything happened. I think they went in and said we'd really like to talk you out of having a nuke. And then Iran said we'd really like to keep our nukes because we don't trust you. We're going to need one. I can't possibly imagine that that's working out.

Meanwhile also the Ukraine-Russia negotiations. I don't think anything's happening. You know, Trump tried to put a positive spin on it. He goes, I think Ukraine-Russia might be going okay. You're going to be finding out pretty soon. I don't think it's going okay. I would place a very large bet that literally nothing happened because neither side wants peace. Trump wants peace, but Ukraine wants to fight and Russia wants to keep fighting. So I don't see how you solve that. So I don't think there's going to be an Iran deal. I don't think there's going to be a Ukraine-Russia deal. I think they're just gonna keep grinding at each other until something changes.

All right, ladies and gentlemen, if you're joining me late, I was confe