1 00:00:00,120 --> 00:00:02,960 Speaker 1: So while you were traveling back Nige, we had the 2 00:00:03,000 --> 00:00:07,520 Speaker 1: story about how as they're trying to make it look 3 00:00:07,560 --> 00:00:10,200 Speaker 1: like they're doing some sort of victory lap here because 4 00:00:10,400 --> 00:00:13,760 Speaker 1: instead of having people pay a minimum of twenty dollars 5 00:00:13,840 --> 00:00:17,840 Speaker 1: extra per month, they've agreed to only make it ten. 6 00:00:19,000 --> 00:00:21,079 Speaker 1: And this is supposed to be some sort of big win. 7 00:00:21,800 --> 00:00:24,000 Speaker 1: It's like when Joe hawk Set Ryan Meers talking about 8 00:00:24,000 --> 00:00:26,439 Speaker 1: the murder rate in the city. Well, we didn't set 9 00:00:26,480 --> 00:00:29,360 Speaker 1: a record, so I bet you bastards are pretty happy, 10 00:00:29,400 --> 00:00:33,479 Speaker 1: aren't you. Well not really, We're still paying more and 11 00:00:33,800 --> 00:00:36,839 Speaker 1: people are still getting killed. Well, now, it seems like 12 00:00:37,960 --> 00:00:40,839 Speaker 1: a lot of the city County council members, Republicans and 13 00:00:40,880 --> 00:00:45,320 Speaker 1: Democrats are ganging up on hog Set because hogg Set 14 00:00:45,360 --> 00:00:49,559 Speaker 1: was part of the group that came up with this 15 00:00:49,600 --> 00:00:52,760 Speaker 1: little deal. He was part of the negotiating group, and 16 00:00:53,159 --> 00:00:59,400 Speaker 1: a bipartisan coalition of sixteen councilors signed earlier today a 17 00:00:59,400 --> 00:01:04,559 Speaker 1: statement saying that aes the big power provider for most 18 00:01:04,560 --> 00:01:08,720 Speaker 1: of Marion County. Yeah, we're not going to accept this. 19 00:01:08,880 --> 00:01:12,520 Speaker 1: We're pushing back on this good and the iu RC 20 00:01:13,319 --> 00:01:18,440 Speaker 1: they still have to approve, deny, or modify this new agreement, 21 00:01:18,800 --> 00:01:21,400 Speaker 1: and that's not expected to happen until spring of twenty 22 00:01:21,480 --> 00:01:24,600 Speaker 1: twenty six, so there's a lot of time here between 23 00:01:24,640 --> 00:01:28,080 Speaker 1: now and the spring of next year. But you've got 24 00:01:28,200 --> 00:01:31,960 Speaker 1: dudes like Michael Paul Hart teaming up with dudes like 25 00:01:32,120 --> 00:01:36,360 Speaker 1: Jesse Brown on the council. Even Ali Brown signed her 26 00:01:36,480 --> 00:01:39,360 Speaker 1: name to it. Now, some of the great butts niffers 27 00:01:39,440 --> 00:01:44,039 Speaker 1: have not. Bob Ossley did not put his name on this, 28 00:01:44,560 --> 00:01:48,160 Speaker 1: Maggie Lewis did not put her name on this. They 29 00:01:48,200 --> 00:01:50,560 Speaker 1: want you to keep paying more and they think it's fine. 30 00:01:51,080 --> 00:01:54,040 Speaker 1: But most of the other counselors, man, they're gaining up 31 00:01:54,120 --> 00:01:57,880 Speaker 1: and saying the stinks. Now. Jesse Brown went on with 32 00:01:58,040 --> 00:02:01,280 Speaker 1: Rob I think on his show yesterday Socialist Sweetheart on 33 00:02:01,360 --> 00:02:05,360 Speaker 1: the City County Council. It's true. Now again I will 34 00:02:05,400 --> 00:02:08,919 Speaker 1: say this, well, we are on total opposite ends of 35 00:02:08,960 --> 00:02:12,680 Speaker 1: the spectrum politically. I do have more in common with 36 00:02:12,760 --> 00:02:16,360 Speaker 1: Jesse Brown though, than I do vop Osley, than I 37 00:02:16,520 --> 00:02:21,320 Speaker 1: do Frank Mascari, because at least Jesse is willing to 38 00:02:21,360 --> 00:02:24,720 Speaker 1: call out boss hog set. All these other butts sniffers 39 00:02:24,720 --> 00:02:27,920 Speaker 1: are afraid to do it and the other thing. And 40 00:02:27,960 --> 00:02:31,280 Speaker 1: I reached out to Jesse and I said, hey, what's 41 00:02:31,320 --> 00:02:33,880 Speaker 1: going on with this and with black Rock coming in? 42 00:02:33,960 --> 00:02:36,440 Speaker 1: Is that going to change anything? He told me, no, 43 00:02:36,800 --> 00:02:39,880 Speaker 1: black Rock shouldn't change too much because Jesse's on the 44 00:02:39,919 --> 00:02:44,480 Speaker 1: council subcuncil that deals with this black Rock purchasing. Right, Yes, 45 00:02:45,440 --> 00:02:48,840 Speaker 1: but he says, keep in mind about this. Number one, 46 00:02:49,120 --> 00:02:51,920 Speaker 1: rate cases are not the only way to raise prices. 47 00:02:52,040 --> 00:02:56,360 Speaker 1: In Indiana, utilities can use trackers to charge consumers for 48 00:02:56,400 --> 00:03:00,840 Speaker 1: their costs without asking for a formal rate case. Rate 49 00:03:01,000 --> 00:03:04,000 Speaker 1: cases require them to open the books to the regulators, 50 00:03:04,200 --> 00:03:07,959 Speaker 1: so they prefer not to use that tool to get 51 00:03:08,000 --> 00:03:10,560 Speaker 1: the costs if they can afford it. And number two, 52 00:03:11,080 --> 00:03:15,400 Speaker 1: they justify their rates based on guaranteed rate of profit. 53 00:03:16,040 --> 00:03:19,639 Speaker 1: So if a gigantic data center gets built in an 54 00:03:19,639 --> 00:03:23,240 Speaker 1: area like they're trying to get in Monrovia, that would 55 00:03:23,280 --> 00:03:25,440 Speaker 1: be a more efficient way for them to sell power. 56 00:03:25,840 --> 00:03:28,119 Speaker 1: Think of it as a beer truck. Yes, a beer 57 00:03:28,160 --> 00:03:30,560 Speaker 1: truck could go around and provide beers to all these 58 00:03:30,600 --> 00:03:34,040 Speaker 1: different bars, but they could also just open up the 59 00:03:34,080 --> 00:03:36,280 Speaker 1: truck and sell it that way. And it's a heck 60 00:03:36,320 --> 00:03:39,400 Speaker 1: of a lot easier one place compared to others. So 61 00:03:39,720 --> 00:03:43,240 Speaker 1: don't get it twisted. AEES has multiple ways that they're 62 00:03:43,240 --> 00:03:46,960 Speaker 1: going to try to screw you for their money. That 63 00:03:47,040 --> 00:03:50,400 Speaker 1: they just jacked up the rates last year and now 64 00:03:50,400 --> 00:03:53,840 Speaker 1: they're wanting to do it again. And Boss hawk Set 65 00:03:54,080 --> 00:03:56,400 Speaker 1: is the wheel behind all of this. He's the one 66 00:03:56,440 --> 00:04:00,400 Speaker 1: negotiating this deal because he's got financial skin in the game. 67 00:04:01,360 --> 00:04:04,160 Speaker 2: Like on a base level, I wonder what AEES could 68 00:04:04,200 --> 00:04:07,240 Speaker 2: do to cut costs over there so they wouldn't have 69 00:04:07,320 --> 00:04:09,000 Speaker 2: to raise their rates. 70 00:04:09,160 --> 00:04:12,160 Speaker 1: You lost the EES when you said cut costs. It's 71 00:04:12,200 --> 00:04:14,040 Speaker 1: just like AES just turned off the radio. 72 00:04:14,240 --> 00:04:20,480 Speaker 2: You know. It's like property taxes, referendums here in the city, 73 00:04:20,880 --> 00:04:25,559 Speaker 2: in the state, the government shut down. So what maybe 74 00:04:25,560 --> 00:04:28,400 Speaker 2: could you cut back on your end so you wouldn't 75 00:04:28,440 --> 00:04:30,480 Speaker 2: have to screw the consumer. 76 00:04:30,839 --> 00:04:33,440 Speaker 1: Well, we don't accept any of that, nige On behalf 77 00:04:33,480 --> 00:04:36,560 Speaker 1: of AES and black Rock. We're here to screw you. 78 00:04:37,080 --> 00:04:37,200 Speaker 2: Now. 79 00:04:37,240 --> 00:04:39,800 Speaker 1: If we screw you a little less than originally pitched, 80 00:04:40,000 --> 00:04:43,800 Speaker 1: then you should be thankful for it. AES out. That's 81 00:04:43,800 --> 00:04:46,480 Speaker 1: a little role playing there, U