garbage in that package that i'm sure you know all about like to under $50,000 for a tattoo removal parvenu in los angeles. in san francisco the idea of a tattoo removal hasn't caught on yet. [laughter] but the idea that this massive spending would somehow lift up the economy is just totally wrong and it was wrong when they did in japan. for 20 years they've had it stimulus spending in japan. when they started in 1990, the ratio of debt to the economy was 25%. now the debt is two and half times the economy, to under 50%. and you know what, over the last 20 years japan now has a gdp lower than it did 20 years ago. is an absolutely no good and when bush send out checks in 2008 it did absolutely no good. the reason is very simple and we explain it in "catastrophe". the idea of keynesian economics, that theory has been replaced by the theory of rational expectations which says we are not stupid. [laughter] when we get a check in the mail and are in danger of losing our jobs and in danger of losing our houses, we do not run out and buy a flat screen tvs. thank goodness we buy books. a [laughte