Topic: Mark Beckwith

Mark Beckwith of Fort Worth, Texas, is granted a knighthood for his financial support of the program. A brief discussion follows regarding the distinction between the "rich guys" of Houston and the "established money" found in Fort Worth. The logistics of PayPal transaction fees on large donations are also addressed.

The formal knighthood ceremony for Mark Beckwith and the elevation of Bill Bauman to Baronet are conducted. The hosts emphasize the "value-for-value" model, where listeners contribute monetary capital to support the show's production. New No Agenda rings are also mentioned as being available for producers.