:34:00
What's a bond?
:34:02
Sherman, do explain it.
:34:04
Yes, your mother and I really want
to hear this.
:34:09
A bond is a way of lending people money.
:34:13
Say you want to build a road or a hospital,
and you need a lot of money.
:34:18
What you do is issue a bond.
:34:21
Do you build roads?
:34:23
No, I don't actually build them.
:34:26
You're in over your head.
:34:28
Let me try.
:34:30
Darling, Daddy doesn't build roads
or hospitals or anything, really.
:34:35
Daddy handles bonds for the people
who raise the money.
:34:38
That's what he said. Bonds.
:34:43
Just imagine that a bond is a slice of cake.
:34:47
Now, you didn't bake that cake.
:34:50
But every time you hand a slice
of that cake to somebody else...
:34:54
...a little piece comes off.
:34:55
Little crumbs fall off.
:34:58
Really. Crumbs?
:35:00
And you are allowed to keep those crumbs.
:35:03
And many a man has sold his soul
for those little crumbs.
:35:07
And that's what Daddy does.
:35:09
Daddy passes somebody else's cake around
and picks up all of the crumbs.
:35:14
But you have to imagine a lot of crumbs,
and a great big golden cake...
:35:19
...and a lot of golden crumbs.
:35:22
And imagine Daddy running around
picking up every little golden crumb...
:35:26
...he can grab.
:35:28
And that's what Daddy does.
:35:31
You can call them crumbs if you want to.
:35:34
I'm doing the best I can.
:35:37
Excuse me.
:35:47
In my day, there was some integrity to it.
:35:53
Now it isn't about anything, is it?
Except the money.
:35:58
Well, I don't make the rules, so....