WarrenWe don't plan to start health care companies or necessarily insurers or anything. We simply have three organizations with leaders that I admire and trust, and that mutually goes around all three. And we hope to do something which Charlie correctly would probably say is almost impossible to change in some way a system which is, was taking 5% of GDP in 1960 and now taking close to 18%. And we have a hugely non-competitive medical cost in American business relating to any country in the world. So there were some countries that were around our 5% when we were at 5%, but we managed to get to 18 without them going beyond 11 or so. Literally in 1960, we were spending $170 per capita on medical costs in the United States, and now we're spending over $10,000. And, you know, every dollar only has 100 cents. So there is a cost problem. It is a tapeworm in terms of American business and in its competitiveness. We don't, we have fewer doctors per capita. We have fewer hospital beds per capita, fewer nurses per capita than some of the other countries that are well below us. And you've got a system that is delivering $3.3 trillion. That's almost as much as the federal government raises. It's delivering $3.3 trillion or some number like that. to millions and millions and millions of people who are involved in the system and every dollar has a constituency. It's just like politics. And whether we can find the chief executive, which we're working in now, and which I would expect we would be able to announce before too long, but that's a key part of it. And whether that person will have the, imagination and support of people that will enable us to make any kinds of significant improvements in a system which everybody agrees is sort of out of control on cost, but what, but, but they all think it's the other guy's fault, generally. We'll find out it won't be, it won't be easy, but it is not a, the motivations are not primarily profit making. They're, there, we want to deliver, we want our employees to get better medical service at a lower cost. We're not going to, we're certainly not going to come up with something where we think the service that they receive is, is inferior to what they're getting now, but we do think that there may be ways to make a real, some significant changes that could have an effect, and we know that the resistance will be unbelievable. If we fail, we've at least tried.
[3:42]
WarrenWe are, we're making a lot of progress, and I think we'll probably have a CEO within a couple of months, but if we don't have one, we're not going to pick somebody just because we want to meet any deadline or anything like that. We've got these wonderful partners. We don't have a partnership agreement among us. Somebody started drawing up one in the legal department, and the CEO just put a stop to it. I mean, they, you do have places that have a lot of resources, and, you do have a lot of resources, and And while we all have a share of bureaucracy, we can cut through it if we've got something that we really think makes sense. And we will get the support, we'll get a lot of resistance too, but we will get the support of a lot of American business if we can come up with something that makes sense. But if it was easy, it would have already been done. There's no question about that.