professor dressler is a client science and politics of climate change.e is that really a heinz chair in geoscience texas a&m in 2022 hehe was named director of texas a&m texas center for climate studies. professor dressler also served in the clintone administration during the last year he servedr as a senior policy analyst in the white house office of science and technology policy. his latest book introduction to modern climate change on the 2014 american meteorological society's louis j batten authors award. we are also pleased to have alex epstein president founder for the center for industrial progress, author of the moyle trend moral fuels he is a philosopher who argues human flourishing should be the guiding principle of industrial and environmentalst progress. he is the author of the "new york times" bestseller the moral case for fossil fuel but alex is known for his willingness to debate anyone, anytime. has publicly debated leading environmental organizations such as greenpeace, the serra club and the 350.org over the morality of fossil fuel use.

so let's and by the way, you are very referred to as desler and dressler just for the record you are destler right de ssl here. yes. and and a number of fall into that rubric. let's use this one here. you said that your electric car costs you $10 to fill up and will continue to do so for the future because renewables are the cheapest form of energy. why do you think california and europe have such high electricity prices when they have built the most amount of renewable energy infrastructure. yeah. it's a good question. so so i think you have to look at the time of when people build out their infrastructure. so if you looked at the lazard plot showed, it showed that 10 years ago solar was the most expensive power and today solar is the least expensive power and so germany built a lot of power when it was expensive. and so, you know that's going to drive up the cost. we should thank germany because there that they're spending a lot of money on it helped drive the price down. so now it's the cheapest powers you can see that's what texas energy producers are doing. they're building sola

inventory, i'm talking about this at my investment club 12:00 meeting, inventory as mickey dressler would tell you, is the bane of every retailer and we're getting a glut of inventory throughout the system in part because the fed made it more expensive to keep inventory, but they don't have any place to put the inventory because they've also made the consumer so scared the consumer is being told to worry. look, it's like the goldman piece. money managers, you better be getting ready to worry i don't like that. but it can work. >> certainly you talk and banks there's a report out today about credit suisse potentially looking at some av layoffs to help revive. and we've talked about the banks and -- >> the investment banking. we know that goldman sachs is quick to be able to -- if they have divisions that aren't doing well, very quick to slice those divisions. i remember when i was at goldman that mortgage business wasn't doing well and then one day you went down and there was no mortgage department like, where's the mortgage guys? just a bunch of copy machines. i knew that because i was th