my three daughters held unretirement party for me because they knew what it was really about. it was so that i could spend all my time research and writing and keeping up with all these great researchers i have working with me to get the research out on a variety of issues that i'm going to talk about. okay, now, what i'm going to talk about today is going to deal with really five issues, but the four issues i'm going to deal with fairly quickly because i want to get to the question of market fundamentalism, which is fundamental. so, i'm going to talk about what buybacks, what they are, very briefly, how big they are. i'm going to talk about why they are a problem, who benefits from them and ralph's already said a few things about that and why they are permitted. and then i'll get to, really, the crux of it is how they are legitimized, why you can have this phenomenon going on, which really nobody can defend. tim cook, when he was asked about these buybacks last may in an interview he said, well, you know, some people are going to pay capital gains taxes on the money they make