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when trump was still president. your dollar went a whole lot further under trump. you could fill up your gas tank for less than two bucks a gallon and the stock market was doing so well we all looked like geniuses. >> the 401(k)s, they are up 90%. 95%. [cheers] >> i always tell the story people come up to me they say i want to thank you my wife thinks i'm a total loser, sir. she thinks i'm the worst person with money, financials. she thinks i'm just horrible and the last three years i'm up 94%, sir. she thinks i'm a total genius when it comes to finances. >> jesse: well in biden's am...

In september. so he said this is a deal i want you to pitch. we're going to avert any problems before the mid-term election. now here we are late november and the railway workers didn't like that deal very much. four of the 12 unions rejected it. so now we're at crunch time again. trace, let's be clear on how big of a deal this is. 40% of our long haul haulage goes over railroads. you're talking about two billion a day hit. you're talking about things like oil, talking about chemicals, feed stock. it doesn't just start when a strike starts. you can't have chemicals sitting on railway cars if w...

Is there a longer-term solution where the united states might be able to produce more of its own fertilizer? >> well, yes, there is. of course, that means with making more domestic energy available. natural gas is the basic feed stock for most fertilizer nitrogen-based fertilizers but there are steps we can take to provide almost immediate relief just by policy action. by what i'm talking about there, dana, is about tariffs that got put on. in february of 21 the international trade commission under the current administration put in place tariffs that block us from worldwide supplies from frien...

The world of natural gas and fracking that we are in a unique position in the united states where we have abundant supply of natural gas. natural gas has become so cheap today in the free and open market that we enjoy in the united states that it has become the cheapest feed stock we have. it won't always be that way. i believe in all forms of feed stock. i believe that every one of the energy components in the u.s. is an important energy component and in the cyclical nature of the world we live in, all of these different fee stocks at some point we'll make enormous amount of sense. i believe ...

But it's true. and so there has been a conversion of central valley agriculture from annual crops to perennial crops. they have to be watered year round. cannot let them fallow in dry airs and a big drain on the ground water. agriculture does use 80% of our water supply. not only in california but around the world. so if we're talking about saving water, we have to be looking for some additional efficiencies in the agricultural sector. >> it's not just the poor almond but alfalfa to feed cattle accounts for 14% of water use, pastor livestock. neat is a water intensive food product. >> that's r...