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In Chapter 16 of The Hobbit, little Bilbo takes matters (and the Arkenstone) into his own hands and makes a deal with Bard and the Elvenking, who presumably don\u2019t already have one, in an attempt to end the standoff peacefully. We consider just how short-sighted Thorin\u2019s position really is, discuss how Bilbo totally owns the whole \u201chonest burglar\u201d thing, and finally welcome the return of one of Tolkien\u2019s most beloved characters. Plus still more raven voices, and a question from Barliman\u2019s Bag about Gandalf\u2019s D&D character sheet that makes us reach for a lifeline.