1 00:00:00,080 --> 00:00:02,800 Speaker 1: Well, it turns out we were right. That happens sometimes, 2 00:00:02,800 --> 00:00:03,280 Speaker 1: doesn't it. 3 00:00:03,920 --> 00:00:07,440 Speaker 2: Yeah, And you know, the best of all worlds for us, Casey, 4 00:00:07,600 --> 00:00:12,080 Speaker 2: what's that is when we're proven right and. 5 00:00:11,960 --> 00:00:13,480 Speaker 1: We don't have to do any of the work to 6 00:00:13,520 --> 00:00:14,440 Speaker 1: prove ourselves right. 7 00:00:14,960 --> 00:00:17,159 Speaker 3: You know what. Ever, since this article came out, I 8 00:00:17,160 --> 00:00:19,600 Speaker 3: have had a certain Christmas song playing. 9 00:00:19,360 --> 00:00:21,280 Speaker 1: Over and over in my head. 10 00:00:22,079 --> 00:00:23,840 Speaker 3: You'll know what I'm talking about when we tell you 11 00:00:23,880 --> 00:00:26,360 Speaker 3: the title of the article featured in The Indie Star. 12 00:00:26,680 --> 00:00:31,200 Speaker 3: The Three Kings top IEDC official and his partners received 13 00:00:31,560 --> 00:00:35,600 Speaker 3: one hundred eighty million dollars in IEDC contracts. 14 00:00:35,680 --> 00:00:36,920 Speaker 1: All right, So it is. 15 00:00:36,880 --> 00:00:40,440 Speaker 2: By three members of The Indie Star, the Hailey Columbo 16 00:00:40,760 --> 00:00:43,320 Speaker 2: Kaylea Dwyer who have been on our show before. 17 00:00:43,840 --> 00:00:45,520 Speaker 1: MRSA Mader helped him as well. 18 00:00:46,080 --> 00:00:49,200 Speaker 2: And coming up at ten o'clock, Hailey Columbo and Kayla 19 00:00:49,240 --> 00:00:50,840 Speaker 2: Dwyer are going to be with us to talk about 20 00:00:50,840 --> 00:00:55,959 Speaker 2: this piece. This journalism should win all the awards. If 21 00:00:56,000 --> 00:01:00,600 Speaker 2: you do nothing else today, read this article because it 22 00:01:00,680 --> 00:01:03,480 Speaker 2: is so well done. Before we get to kind of 23 00:01:03,520 --> 00:01:05,479 Speaker 2: the meat of the article, I want to come back 24 00:01:05,480 --> 00:01:08,240 Speaker 2: to some I've talked about before. People are critical of 25 00:01:08,240 --> 00:01:10,360 Speaker 2: me sometimes on the right because it's like, oh, you're 26 00:01:10,360 --> 00:01:12,640 Speaker 2: friends with all these liberal Indie Star people to blah 27 00:01:12,680 --> 00:01:14,959 Speaker 2: blah blah, and I said, look, first of all, I 28 00:01:14,959 --> 00:01:16,760 Speaker 2: can be friends with anybody as long as they're honest 29 00:01:16,800 --> 00:01:22,280 Speaker 2: with me. But we need a thriving Indianapolis Star, the 30 00:01:22,319 --> 00:01:26,160 Speaker 2: city of Indianapolis, the people of Central Indiana should be 31 00:01:27,080 --> 00:01:32,600 Speaker 2: all cheering for the Star to thrive because their journalism 32 00:01:32,720 --> 00:01:39,160 Speaker 2: side oftentimes is excellent and we need eyes as many 33 00:01:39,240 --> 00:01:42,280 Speaker 2: eyes and ears on the ground as we can possibly get. 34 00:01:42,800 --> 00:01:45,039 Speaker 2: And the Star is still the paper record in the 35 00:01:45,080 --> 00:01:48,000 Speaker 2: city of Indianapolis. We need them thriving and doing good 36 00:01:48,080 --> 00:01:51,680 Speaker 2: work because they expose things like what we're about to 37 00:01:51,800 --> 00:01:54,920 Speaker 2: talk about. We're all on the same team, whether regardless 38 00:01:54,960 --> 00:01:58,520 Speaker 2: of our politics, of exposing what's going on in our government. 39 00:01:58,640 --> 00:02:02,240 Speaker 2: We should all be rooting for each other to be 40 00:02:02,360 --> 00:02:05,600 Speaker 2: succeeding if it comes to holding governments who go out 41 00:02:05,640 --> 00:02:07,520 Speaker 2: of their way to not be transparent accountable. 42 00:02:07,600 --> 00:02:08,360 Speaker 1: Yeah, exactly. 43 00:02:08,400 --> 00:02:10,960 Speaker 3: We don't need cheerleaders, right, we need people who are 44 00:02:10,960 --> 00:02:13,720 Speaker 3: going to dig through all of this and find out, 45 00:02:14,000 --> 00:02:16,680 Speaker 3: like what the ladies at the Indie Star did that 46 00:02:16,760 --> 00:02:19,520 Speaker 3: the IEDC awarded over one hundred and eighty million dollars 47 00:02:19,560 --> 00:02:23,400 Speaker 3: to entities connected to three influential insiders. 48 00:02:23,480 --> 00:02:23,679 Speaker 1: Yeah. 49 00:02:23,720 --> 00:02:29,000 Speaker 2: So basically what this article alleges is that, and it's 50 00:02:29,200 --> 00:02:33,040 Speaker 2: so well done. I mean, these these women probably spent 51 00:02:33,520 --> 00:02:36,080 Speaker 2: I mean I think they and will ask them when 52 00:02:36,080 --> 00:02:38,679 Speaker 2: they come on with this at ten months. Because the 53 00:02:38,720 --> 00:02:41,880 Speaker 2: problem with the IDC, the Indian Economic Development Corporation is 54 00:02:41,919 --> 00:02:45,040 Speaker 2: there what they we call quasi government entity, which means 55 00:02:45,040 --> 00:02:48,360 Speaker 2: and this is done deliberately so they can avoid giving 56 00:02:48,440 --> 00:02:52,120 Speaker 2: information that other government entities, other government agencies have to 57 00:02:52,160 --> 00:02:55,040 Speaker 2: give away. They can stall, they can deflect, they can 58 00:02:55,120 --> 00:02:57,320 Speaker 2: just not give it to you, and they have all 59 00:02:57,360 --> 00:02:59,480 Speaker 2: sorts of special rules they get to play by it. 60 00:02:59,520 --> 00:03:02,760 Speaker 2: So we have said for years now in this program 61 00:03:03,360 --> 00:03:06,880 Speaker 2: that the idea that we take money from poor and 62 00:03:06,919 --> 00:03:11,760 Speaker 2: middle class people and we give it through a quasi 63 00:03:11,800 --> 00:03:16,960 Speaker 2: government entity that avoids transparency and reporting requirements to some 64 00:03:17,000 --> 00:03:21,680 Speaker 2: of the richest, most powerful people sometimes companies in the 65 00:03:21,800 --> 00:03:25,120 Speaker 2: world or in the country or certainly here in Central 66 00:03:25,160 --> 00:03:30,040 Speaker 2: Indiana is ridiculous. And this article lays out how these 67 00:03:30,120 --> 00:03:34,760 Speaker 2: three guys dubbed the Three Kings basically to what the 68 00:03:34,800 --> 00:03:37,760 Speaker 2: Stars alleges is one hundred and eighty million dollars of 69 00:03:37,880 --> 00:03:42,640 Speaker 2: mostly taxpayer money, and they were able to control through 70 00:03:42,640 --> 00:03:47,160 Speaker 2: the IDC where that money went, and that money went 71 00:03:47,720 --> 00:03:51,880 Speaker 2: to companies that they were in control of or involved with, 72 00:03:52,400 --> 00:03:54,920 Speaker 2: or people that they were super close buddies with that 73 00:03:55,000 --> 00:03:57,800 Speaker 2: might come back and benefit them in some capacity. It 74 00:03:57,920 --> 00:04:04,920 Speaker 2: is egregious beyond belief. It is disgusting, and I would 75 00:04:04,920 --> 00:04:07,520 Speaker 2: say should be ashamed of themselves, but these people have 76 00:04:07,640 --> 00:04:08,160 Speaker 2: no shame. 77 00:04:09,000 --> 00:04:10,920 Speaker 1: And I think the worst part about it is. 78 00:04:10,840 --> 00:04:12,760 Speaker 2: Even though it's just been exposed for the whole world 79 00:04:12,840 --> 00:04:15,680 Speaker 2: to see, nothing's going to happen to these people, and 80 00:04:15,760 --> 00:04:17,640 Speaker 2: nothing meaningful will probably come of it. 81 00:04:17,839 --> 00:04:18,440 Speaker 1: So one of the. 82 00:04:18,400 --> 00:04:21,320 Speaker 3: Things that the article highlights is that the Three Kings, 83 00:04:21,480 --> 00:04:25,840 Speaker 3: or the Three Musketeers as they're sometimes called. Their entities 84 00:04:25,880 --> 00:04:28,200 Speaker 3: linked to these three received one hundred and eighty million 85 00:04:28,279 --> 00:04:31,400 Speaker 3: dollars in awards over six years, plus twenty five percent 86 00:04:31,440 --> 00:04:34,280 Speaker 3: of all grants from the twenty first Century Research and 87 00:04:34,320 --> 00:04:37,880 Speaker 3: Technology Fund over a twenty six year period, plus no 88 00:04:38,040 --> 00:04:43,600 Speaker 3: bid contracts right, and also grant money seventeen point five 89 00:04:43,640 --> 00:04:44,679 Speaker 3: million dollars worth. 90 00:04:44,960 --> 00:04:48,159 Speaker 2: Yeah, I mean we're talking in some cases like actual dollars. 91 00:04:48,279 --> 00:04:52,000 Speaker 2: We're talking about like abatements or whatever where they you know, 92 00:04:52,040 --> 00:04:54,239 Speaker 2: you pay less than taxes over over time. 93 00:04:54,440 --> 00:04:56,480 Speaker 1: We're talking about real money in some cases. 94 00:04:56,680 --> 00:04:59,760 Speaker 3: Not only that, it seems to be some favoritism where 95 00:05:00,000 --> 00:05:04,960 Speaker 3: some other startups were excluded or squeezed out because they 96 00:05:04,960 --> 00:05:07,320 Speaker 3: didn't have the connection to the Three Kings. 97 00:05:07,480 --> 00:05:11,000 Speaker 2: Yeah, and this is your money. This is the state 98 00:05:11,720 --> 00:05:15,920 Speaker 2: taking money from you and giving it away to their buddies. 99 00:05:16,400 --> 00:05:19,320 Speaker 2: But they didn't have the guts or the cajones to 100 00:05:19,400 --> 00:05:22,440 Speaker 2: do it out in the sunshine, so they create this 101 00:05:22,680 --> 00:05:27,800 Speaker 2: convoluted soup that is the Indian Economic Development Corporation that 102 00:05:28,480 --> 00:05:34,760 Speaker 2: no reasonable person can understand or or track what's going on. 103 00:05:34,800 --> 00:05:38,160 Speaker 1: I mean, you got to really know what you're doing. 104 00:05:38,680 --> 00:05:40,400 Speaker 2: You know, one of the best guys at tracking this 105 00:05:40,560 --> 00:05:43,800 Speaker 2: is our our old pal Steven from Indie Reporter. Think 106 00:05:43,800 --> 00:05:46,520 Speaker 2: of the hours upon hours he spends digging into this. 107 00:05:47,040 --> 00:05:49,840 Speaker 2: I'm sure Kayla and Haley are gonna tell us from 108 00:05:49,880 --> 00:05:51,960 Speaker 2: the start it took them months to put this together. 109 00:05:52,279 --> 00:05:55,479 Speaker 2: No reasonable person has the ability to do this. Government 110 00:05:55,560 --> 00:05:58,520 Speaker 2: should be this simple. We spend it. You go here, 111 00:05:58,720 --> 00:06:02,800 Speaker 2: you look, you see, you understand where it went done, Siya. 112 00:06:02,839 --> 00:06:08,440 Speaker 2: But instead what we have is again this convoluted by design, 113 00:06:09,000 --> 00:06:13,920 Speaker 2: this convoluted mess in which some subcommittees are voting on this, 114 00:06:14,480 --> 00:06:16,120 Speaker 2: some subcommittees. 115 00:06:15,440 --> 00:06:16,040 Speaker 1: Are voting on that. 116 00:06:16,440 --> 00:06:19,880 Speaker 2: You have to really be on the ball to figure 117 00:06:19,880 --> 00:06:24,560 Speaker 2: out what's going on. And probably nothing's going to happen 118 00:06:24,640 --> 00:06:26,440 Speaker 2: to these people because they're probably going to be able 119 00:06:26,480 --> 00:06:27,240 Speaker 2: to say, well. 120 00:06:27,120 --> 00:06:29,599 Speaker 1: By the letter of the law or by. 121 00:06:29,440 --> 00:06:32,799 Speaker 2: The system we had set up, these guys were checking 122 00:06:32,880 --> 00:06:37,120 Speaker 2: all the boxes when we all know that we deserve 123 00:06:37,400 --> 00:06:40,520 Speaker 2: much better in terms of knowing one how are money 124 00:06:40,600 --> 00:06:45,760 Speaker 2: spent and two how are the results of what happened 125 00:06:45,760 --> 00:06:46,720 Speaker 2: for that money being spent. 126 00:06:46,880 --> 00:06:49,200 Speaker 3: Yeah, so a lot of critics are questioning whether the 127 00:06:49,240 --> 00:06:52,880 Speaker 3: awards were based on relationships rather than merit, and based 128 00:06:52,920 --> 00:06:56,080 Speaker 3: on this reporting, it seems to be somewhat clear, but 129 00:06:56,360 --> 00:07:01,360 Speaker 3: it does make you question the impact on Indiana taxpayers 130 00:07:01,440 --> 00:07:02,839 Speaker 3: and other startups. 131 00:07:02,920 --> 00:07:05,039 Speaker 2: Well, and I've said this numerous times and I'll say 132 00:07:05,040 --> 00:07:09,760 Speaker 2: it again, the Indian Economic Development Corporation is a glorified 133 00:07:10,120 --> 00:07:14,600 Speaker 2: money laundering scheme. They do things that if regular people 134 00:07:14,720 --> 00:07:17,400 Speaker 2: did them, like, this is what I can't get my 135 00:07:17,480 --> 00:07:20,920 Speaker 2: mind around, especially after they're do this Indie Star report 136 00:07:21,000 --> 00:07:23,800 Speaker 2: came to light as an elected official like a local 137 00:07:23,800 --> 00:07:24,640 Speaker 2: elected official. 138 00:07:25,400 --> 00:07:25,960 Speaker 1: If you. 139 00:07:27,720 --> 00:07:30,040 Speaker 2: Have a project or a vote that comes in front 140 00:07:30,040 --> 00:07:34,120 Speaker 2: of you that you have some financial interest in, you 141 00:07:34,120 --> 00:07:36,880 Speaker 2: have to fill out a conflict of interest form and 142 00:07:36,920 --> 00:07:38,440 Speaker 2: recuse yourself from voting. 143 00:07:39,160 --> 00:07:40,920 Speaker 1: How did these guys. 144 00:07:41,360 --> 00:07:43,880 Speaker 2: When you've got one hundred and eighty million according to 145 00:07:43,920 --> 00:07:47,800 Speaker 2: the Star, how were they able to funnel all this 146 00:07:48,040 --> 00:07:50,960 Speaker 2: money to all these different projects or groups or whatever, 147 00:07:51,320 --> 00:07:55,600 Speaker 2: much of it benefiting them? How is that legal? How 148 00:07:55,680 --> 00:07:58,480 Speaker 2: is that okay? And that's what I said. These people 149 00:07:58,520 --> 00:08:01,000 Speaker 2: do in the government or government related into these or 150 00:08:01,040 --> 00:08:03,880 Speaker 2: agencies that if anybody else did it, they go to prison. 151 00:08:04,080 --> 00:08:06,280 Speaker 2: But because it's the government and it's no different than 152 00:08:06,320 --> 00:08:08,400 Speaker 2: the inside or trading stuff that goes on in Washington. 153 00:08:09,000 --> 00:08:11,240 Speaker 2: If you or I did what those congress people do, 154 00:08:11,480 --> 00:08:14,400 Speaker 2: we'd go to federal prison. But somehow they're able to 155 00:08:14,400 --> 00:08:16,800 Speaker 2: do it and make it gajillion dollars in it's just fine. 156 00:08:16,840 --> 00:08:19,880 Speaker 2: So I want to know how it's legal or okay 157 00:08:20,560 --> 00:08:25,200 Speaker 2: that these guys controlled where money went, much of it 158 00:08:25,280 --> 00:08:28,440 Speaker 2: benefiting them or things they're associated with, and that's okay, 159 00:08:28,760 --> 00:08:29,680 Speaker 2: that's just fine. 160 00:08:29,760 --> 00:08:32,360 Speaker 3: Well, we know a few months ago, Governor Brawn said 161 00:08:32,400 --> 00:08:36,319 Speaker 3: that he wanted an audit done of IEDC. So I'm curious, 162 00:08:36,480 --> 00:08:40,240 Speaker 3: is he going to find systemic issues with the structure 163 00:08:40,240 --> 00:08:43,760 Speaker 3: of the IEDC or is he going to find problems 164 00:08:43,800 --> 00:08:48,440 Speaker 3: with specific individuals and what sort of reforms will be 165 00:08:48,520 --> 00:08:50,679 Speaker 3: put in place based on what he finds. 166 00:08:50,840 --> 00:08:53,000 Speaker 2: Okay, so we get this is the other part that 167 00:08:53,000 --> 00:08:55,000 Speaker 2: came out of this. Okay, let's take a break because 168 00:08:55,160 --> 00:08:57,719 Speaker 2: this and we hate to do two segments of ro 169 00:08:57,720 --> 00:08:58,720 Speaker 2: own kind of the same stuff. 170 00:08:58,760 --> 00:09:00,240 Speaker 1: But this is so big. 171 00:09:00,760 --> 00:09:03,760 Speaker 2: This issue is everything we tell you about on this 172 00:09:03,840 --> 00:09:06,960 Speaker 2: show every single day about who the and it's the 173 00:09:06,960 --> 00:09:12,119 Speaker 2: Republicans again, the Republicans control everything. This is the Republican 174 00:09:12,200 --> 00:09:15,160 Speaker 2: governor's Republicans. You know, not all these people are Republican appointees, 175 00:09:15,200 --> 00:09:18,520 Speaker 2: but I mean they control the legislature that funds the ADC. 176 00:09:19,520 --> 00:09:21,920 Speaker 2: This is what Rob is so mean to the Republicans 177 00:09:22,120 --> 00:09:23,720 Speaker 2: because they do this stuff. 178 00:09:23,800 --> 00:09:23,839 Speaker 3: Y