I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments. ↗
One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world. ↗
I love the idea of a beautiful neighborhood that represents the very best of American values, but also as a fun backdrop to some darker, deliciously sneaky things going on in people's lives. ↗
And here where the fact that we've given over half a billion dollars to New York really plays a role, because New York has already made a lot of investments in the kinds of things which you'd expect to have as basic security. ↗
And one of the things I want to say, Wolf, is we're 100 days from hurricane season, and we've got to start focusing on what we're going to do to make ourselves ready for the next hurricane. ↗
And one of the things we did here was we put the maximum amount of money up front in those cities that were at the greater risk, but that doesn't mean that we keep rebuilding the same security over and over again. ↗
I think the idea that you can go this alone is - was a huge mistake. And unfortunately, there was a price paid in terms of suffering and pain for people in New Orleans. ↗