David Friedberg

I just think it's a great...

mission to the moon style framing to say, what if we could make all residential electricity free in the United States.

And over the next decade, if we can do that, not only do we help Americans with their wallet, but we actually can enable a distributed investment scheme in American energy production.

And we force the corporations to step up and do their part rather than centralize it.

So I just like the framing of making this whole thing free, making residential electricity free in the US as a core benefit.

I'm here.

Why is this video off?

Turn it on.

Texas infrastructure.

Oh, my God.

Sachs is going to do the Texas bounce back.

My prediction is there'll be a big meme by the end of this year called the Texas bounce back.

And it's a bunch of billionaires.

They do a little jiggy as they dance back from Texas back to California.

Yeah, so it's direct and implicit in those states' constitutions, or they have an amendment to the Constitution that makes it direct or implicit that you can't do a wealth tax or an asset seizure tax.

Yes, that is correct.

But because of some of the other state constitutions, it's implicit.

So Texas has in their constitution a prohibition on, quote, tax on wealth or net worth.

Washington has a uniformity clause which treats income as property, which bans non-uniform rates.

Florida's constitution bans any sort of personal tax.