$625K Homeless Units, $236B Gov Spending, META Layoffs | Numbers Scream Ep. 13

Spring times the perfect time to turn the page and refresh your home style.

The only problem? It can be expensive. Luckily, there's a better way to shop

while we're the pieces for less. At Bob's discount furniture,

Bob's negotiates with manufacturers to get you the best everyday low prices,

giving the shopping power back to you. The power to get more style, comfort,

and quality for less on amazing pieces. Like stylish mid-century dining sets

made for hosting those big spring branches, pop up sleeper sectionals with all the bells and

whistles so you can turn any room into a guest room and next level Bobo-Pedic mattresses

so you can get a great night's rest after you've finished redecorating every room.

So, when you're ready to spring into new style, stop into your nearest store or shop online

and see how you can get while we're the style for less with Bob's discount furniture.

Guys, it's no use putting it off. The best time for an underwear refreshes now.

Tommy John underwear is designed for a perfect fit that stays put all day.

There's zero shape thanks to four times more stretch than competing brands,

and their innovative horizontal quick draw fly is a game-changer.

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Don't settle for less. Go to TommyJohn.com today for 25% off your first order with code comfort.

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Tom, also with the BizDoc. Welcome back to NumberScream. This week, five numbers. We've been going

with themes. The themes this week is no sh- or no kidding. This is numbers that jump out and say,

no kidding, you're kidding. I can't believe that. That's what they say. First up, homeless.

We're going to tell you about the $625,000 room for a homeless person in LA. That's right.

Then, US government, 236 billion given away. It's not in welfare. It's actually wasted. We'll tell

you how and the government admitted it. Then, oil companies. $63 billion windfall, thanks to the

price flux of the market price of oil during the war. Then, foreclosures. Oh, one consecutive year

of foreclosures going up. Oh, they're clutching pearls. People are getting upset. Is there some truth

to it? Yes. Is it overblown? Yes. Lastly, meta. 16,000 laughs. 20% of the workforce. I'm going to

tell you what's up with all these numbers this week. First up, LA homeless. The $625,000 hotel room

for a homeless. That's right. Once upon a time in 2020, Los Angeles thought it'd be a good idea to

just be in the property business, rather than the governing and taxing business and taking care

of the streets business and running a good police force and fire department. They thought that they

would be in the, let's build housing for the homeless business. Bad idea. They went out after an

$8 million purchase and renovations and things they did. It took them six years to complete it.

Their own permitting was behind. You can read more about the story. You just sit there saying,

no kidding. I can't believe this. Nonetheless, it was 20 million at the end. But when you added up

the amount of units, 32 units, that was $625,000 per room. In other words, if I had given you

$20 million and put you outside Indianapolis, Salt Lake City, even outside Las Vegas, outside Phoenix,

in the middle class areas and gave you a budget of $625,000, you could have built 32 homes.

If I gave you a budget of 300,000, you could have built 64 homes and then given them the wounded

warriors or donated it to Habitat for Humanity, that's what you and I would have done on a

capital efficient basis. But what did L.A. do? $20 million, 150 percent increase from the original

and it's $625,000 for the homeless and no coffee maker and no room service. That's L.A. Your tax dollar

work. Next up, the U.S. government in competition with California saying, we can waste far more than you

can. 20 million for housing. We will give away $236 billion and we will be at the top of the

let's waste the tax dollar leaderboard. Well, they did it. Their own study in 2023 that now has come

out and been validated. This is not sensational. This is not CNN from the left. Box from the right.

This is not that. This is our own government saying, yeah, we did we did not it and actually

236 billion, 74 percent of it was pure waste on overpayments, which is basically money loss that

we never recovered. And then 61 billion was technical errors. Technical errors, 61 billion. Your

stock goes to zero. Your company closes and you get sued by the shareholders on Wall Street.

This is our government actually admitting it. Now you go to Los Angeles and the hospice crisis

it's this week. Actually, there's not a hospice crisis. There's plenty of hospices, but there's no

elderly people or people in hospice care. It's a bunch of people that use hospices to get federal

money to an address running a fake business the same way they did daycare in Minneapolis. So it's

the liberal from the cradle to the grave fraud system. That's what it runs. And in this case,

your federal government is saying, yeah, we did it. Unbelievable. Hold them accountable every time you vote.

Oil companies, 63 billion dollar windfall. That's the headline we're hearing. What's behind it and

what does it mean? Well, if you take a look at the price per barrel since January, then you come

to the end of February and the war breaks out. Well, the war broke out because Israel and the

United States decided to stop Iran with what they're doing. So a way we went. So you can see the

price of oil goes up to about 98 where it is right now. So they're talking about $200 oil and

things like that. I don't think that's going to happen. But $100 oil, what does that mean?

That means if you're drilling for oil in Texas, the Permian Basin, Midland, Odessa,

or you're in North Dakota and you're drilling in shale or or you're off the coast there in the

Gulf of America right next to Houston, Galveston and you're drilling there. It doesn't matter.

That American oil is unaffected by the by the war. There's no increased cost. There's no increased

labor. There's no increased energy costs. Guess what? But the world market for oil. So when we

sell this oil to others, including ourselves, unfortunately, we sell it at $100 a barrel because

that's the market price. And by the way, the US is an exporter, which the liberal media conveniently

forgets when they all tell, oh, Middle East oil is up. It's going to hit the American consumer.

It hits the American consumer when the market price goes up. It doesn't hit the consumer because

there's a shortage. When has there been a shortage of oil in America? There hasn't been for

decades. And you think also about this? Do you know where Europe gets 60% of its natural gas?

60% from the United States. Estato-Sionitos ship in natural gas, keep in Europe warm and

keeping their natural gas electrical power plants going. Isn't that amazing? We are an energy

exporter. But the market price does affect ultimately the pump, the air travel costs, and especially

diesel fuel, which is the transportation of all of our goods and services on those 18-wheeler trucks.

So there is a net negative for the United States when the world market is up because there's an

inflation effect. We hope that the market goes down before that. But the $63 billion windfall,

that's additional profits being made because the market price of oil is up, not because there's

a shortage in the United States. And that's just the way the market works.

Next up, the headlines saying, foreclosures are up every month for the last year. They are?

Well, they are. But let's see how bad it is. It's bad if you've lost your home. It's bad if your

friends, family members, or somebody you know is incurred economic situation and they've actually

lost the home. It's bad and it's not a laughing matter and I don't joke about it. However,

I like to point out that I think there's fear porn happening in the headlines in America,

designed to freak everybody out, make Trump look bad, make this look bad. Forget who's president

or the headlines accurate foreclosures up every month for one year straight. Yes, but let's see

how bad it is and let's compare it to history. So here it is from March of 2025 all the way to

February of 2026. It's gone up sequentially to 38,840 properties foreclose in the month of

February according to North American border real literacy and other services that we were able to

get. Interesting. How does that compare to 2008 to 2010? Remember the housing crisis, the

financial crisis in the United States? I decided because I'm a curious guy to go take a look and

guess what I found out. Look at this from 2008, 2009, 2010, 2008. The sky is falling 2.3 million

foreclosures in America. 2009, the sky has fallen 2.8 million foreclosures and finally 2010,

we've reached the peak. If you add that up, that's where you get the 8 million numbers just a

hair under 8 million that homes foreclose in America over the 36 months of the financial crisis.

You see that? Let's compare that to 24, 25 and 26 estimate. 2025, the try to just show you 367,000

homes foreclose. If we stay around 38,000, it's going to be about 460,000 for the year.

So you can see foreclosures are up, cause for concern? Yes, cause for panic? No.

Interest rates have actually come down a little bit right now. Now, if you've lost your home and

there's a foreclosure, my heart is with you and it's nothing to laugh about. But for the rest of

us, if we're wondering, my gosh, if my 401k is my retirement save, is the world coming to an end

and problems, the answer is no, it's not, at least not yet. That doesn't mean that we're not

able to screw it up next quarter and have it come down. I'll have it here if we do. But right now,

it doesn't look like it. But this also means that there's homes out here that are foreclosed

that are being auctioned by banks that maybe you're available to other people who are ready and

trying to buy a home. Oh, wait, the greedy private equity firms are buying up all those houses.

That has been happening. However, there's legislation coming and do we have a calcium on that? We do.

Take a look at this calcium because we don't want those foreclosed homes just bought up by a

private equity firm. We want them to be available to buyers like you and me to go out and maybe

bid and get a hold of one of those homes as part of the inventory that we hope to get more

inventory to help prices come down. Well, guess what? Will legislation restricting institutional

private equity firms single family home investment become law this year? It's still at a 64

percent chance. It was 85 when it first hit the floor. Our House of Representatives, our Congress

have to push it through. If you want to get a calcium account, go the link below, get a calcium

account and put a wager up here. Say, you know what? I'm going to put 10 bucks that this says it goes.

It's all part of the prediction market and you can be part of it and you might even make a little

gain on your prediction. But this clearly shows the pulse of America. We want the housing market

to be accessible for all of us and we don't want the artificial large bulk buyers coming from

institutions interfering with our ability to buy that home or to bid on that foreclosure.

Next, 20 percent of Facebook being laid off. Metta, the corporate company that owns Facebook,

Instagram, WhatsApp and what else I forget, but it's a lot of stuff. Metta, 16,000 people losing

their jobs, 20 percent being laid off. I'm not cheering for them. When Mark Zuckerberg was asked for

a quote on 80s said, no, we did nothing to cause, you know, young girls to be addicted to Facebook

and to be cutting themselves and be frustrated. Oh, I'm sorry, Mark, that wasn't the question.

The question was, why did you lay off all those people? Oh, sorry. It was the metaverse. No,

it was AI. They went out and told the market that basically AI was up. When the market was looking

at, was saying it, I read two stories this week, very specific that said they believe about 4,000

of these jobs was a metaverse. You remember when they said we're changing our name to Metta and

we're building the metaverse? Put on your VR goggles and jump into your timeline and experience

life differently with all your friends and enter the metaverse. And then Wall Street was asking,

how deep is that hole called metaverse that you keep pouring billions of dollars into?

It was pretty damn deep until they kind of stopped. And then they're coming back and they're

talking about AI. AI may have impacted this and maybe there was some AI impacting the coding.

Facebook and all these things, a lot of code involved there, a lot of coders, you can see it,

but you have to remember, they're also saying AI is the reason when they really are right-sizing

the company for other reasons. You can't use AI as an excuse as many companies are when you're

making layoffs due to loss of market share or other challenges in the business. Oh, it's at

damn AI again. That creates fear porn of a whole other level. And so this is the right sizing of

Facebook and Metta and all of the businesses that are inside, including cleaning up the sin

of hiring the world to work on the metaverse and now finally getting back around to cleaning that

up. And so that's the story. The layoffs were aligned with business change, but suddenly,

it's fashionable to blame AI as many people are doing when you're merely right-sizing,

such as what Metta did now making amends for the metaverse with a lot of people, including me,

believing there's up to 4,000 jobs that were in here that were related to the metaverse that

should have been dumped long ago when they found out it didn't work. Now, do layoffs work?

Does the market like layoffs? The stock market loves layoffs. I don't. It means real people like

you and me are losing jobs, but the stock market enjoys layoffs, especially when they're right-sizing

the costs for a company. Now, right-sizing the costs and expenses for the company comes at a

human cost as people have to go find new jobs. But take a look. Since 2022, meta is up 84 percent

in less than five years. That's pretty reasonable growth. That's not in video, but that's very

reasonable growth. And if you go look in here, you'll find spikes right about the time that they

announced they were laying people off to reduce costs, improve profits as they right-size the

business moving forward. And that is the tale of meta. If you like the way we break down these

numbers, we'd love to help you with your numbers. Go to the link below, bet David consulting.

It's where we work with entrepreneurs and leaders such as you to help your business grow,

whether it's EBITDA, structure, scaling, getting ready to sell, or building the perfect sales team

we're here to help. Go to the link below, fill out the form. We will reach out to help you.

Until next time, I'm Tom Mills with the Bizzak and I hope I let you, better than I found you.

Springtimes the perfect time to turn the page and refresh your home style. The only problem,

it can be expensive. Luckily, there's a better way to shop well-worthy pieces for less.

At Bob's discount furniture, Bob's negotiates with manufacturers to get you the best

everyday low prices, giving the shopping power back to you. The power to get more style,

comfort, and quality for less on amazing pieces, like stylish mid-century dining sets made

for hosting those big spring branches, pop up sleeper sectionals with all the bells and whistles

so you can turn any room into a guest room, and next level Bobo-Pedic mattresses,

so you can get a great night's rest after you've finished redecorating every room.

So, when you're ready to spring into new style, stop into your nearest store or shop online

and see how you can get well-worthy style for less with Bob's discount furniture.

Guys, it's no use putting it off. The best time for an underwear refreshes now.

Tommy John, underwear is designed for a perfect fit that stays put all day.

There's zero shape thanks to four times more stretch than competing brands,

and their innovative horizontal quick draw fly is a game-changer. With over 30 million pairs sold,

there are thousands of men out there more comfortable than you. Don't settle for less.

Go to TommyJohn.com today for 25% off your first order with code comfort. That's TommyJohn.com

code comfort. Tommy John, comfort perfected.