Chamath Palihapitiya
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Appearances Over Time
Podcast Appearances
It doesn't pencil out.
It's got to end.
They use your last year's W-2, so you stuff it with overtime your last year, and you end up retiring with like 150% of your annual salary for life.
It doesn't even apply to your spouse, too.
But this was the promise.
Let's say you start working for the state at 22 and you can retire at 42.
Actually, what a lot of people do is they'll go then take a second government job and they'll stack a second pension.
But yeah, you could retire at 42.
Can you do that?
Yeah, of course you can.
You can stuff it with overtime, and I think it applies to your spouse as well.
Just fact check me on that.
I'm not against police officers and teachers and people getting reasonable benefits.
Well, it is becoming more significant from a national security standpoint as those Arctic ices melt and you have new shipping lanes that have opened up.
So it is important on that dimension.
But look, American politicians have wanted to acquire Greenland for a long time.
The great Secretary of State William Seward wanted to acquire it.
He acquired Alaska.
He wanted to get Greenland to, was unable to make that deal.
But FDR and Truman both were interested in acquiring Greenland.