Gilad: Look! Is pancakes! (points to the picture of Eggo waffles on the side of his box of Frosted Flakes)
Me: Well, waffles, but yes.
Gilad: I have them when I finish my cereal.
Me: Sorry, we don't have any waffles right now.
Gilad: But they right here!
It's really funny how their minds just don't quite grasp reality. At least, it's funny in a 3 year old.