Ed

Yeah.

Who needs Congress to throw another half a trillion dollars at the military?

We'll see if that happens or not.

So the stocks recovered.

But the point was, the guy came out and said...

We're taking control of these private companies' capital allocation until they do what I say.

And then he comes out and says, and this one's even stupider, we're not going to let institutional investors buy houses anymore because it's making houses unaffordable.

And Blackstone is in that business and Invitation Homes, those stocks tank.

Right.

And never mind that they own a tiny percentage of the houses out there.

The idea here is, I mean, you can't make this stuff up.

It's like we're going to discourage investment in housing as a way to make housing more affordable.

This was the big plan.

You know what I mean?

And so but again, that sounds like the president being imperial towards Americans.

Right.

to me.

So, by the way, I don't think those things will happen.

I think this is just big talk, which we're familiar with from this guy.

They have recovered a little bit, to be fair.