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Speaker 1: Good morning for South Dakota. With all this going on

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Speaker 1: in the world today, the shutdown, what's going on in

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Speaker 1: the Middle East, the war in Ukraine, the immigration issues,

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Speaker 1: the one thing I'm most thankful for is that I

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Speaker 1: wake up at three o'clock in the morning and go

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Speaker 1: Pete instead of the other way around. Everyone have a

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Speaker 1: great day.

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Speaker 2: Well, I guess idea is that it's better to do

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Speaker 2: it in that order than do it in reverse order. Yeah, yeah, okay,

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Speaker 2: all right, old.

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Speaker 3: Give it a few years and I'm sure that'll change.

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Speaker 2: Yes, absolutely, And that's when you get the well it

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Speaker 2: depends depends. Is this is the way my life goes,

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Speaker 2: which is very pathetic. Yesterday, I am yesterday afternoon because

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Speaker 2: I had a dinner with a friend last night. I'm

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Speaker 2: downstairs sitting in my office perusing the news, local news,

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Speaker 2: because I'm trying to find a story to do the

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Speaker 2: Michael Brown Minute that plays over on Freedom to promote

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Speaker 2: the Ashley Syndicate Weekend program, which, by the way, you

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Speaker 2: can listen to tomorrow on Freedom ninety three seven am,

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Speaker 2: seven sixty from ten to one Mountain time, or on

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Speaker 2: the podcast you know wherever your podcast used to be.

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Speaker 2: You know you can buy my book wherever books are sold,

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Speaker 2: and now you can listen to my podcast wherever podcasts

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Speaker 2: are delivered. And one of the places I normally go

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Speaker 2: first to check for a Michael Brown minute is the

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Speaker 2: Colorado Colorado Sun, and I go there primarily because you

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Speaker 2: can depend upon the Colorado Sun whatever the story is,

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Speaker 2: to have the left leaning view of it, or a

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Speaker 2: scared view of the story that misleads their readership. And

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Speaker 2: here's the headline that hit my that got my attention.

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Speaker 2: Colorado steps into federal gap with boosted cash for clunkers

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Speaker 2: ev incentives.

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Speaker 3: Yay yay.

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Speaker 2: First paragraph sums it up. Colorado clean energy officials. That's

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Speaker 2: a thing I just think about that. You know we

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Speaker 2: have clean energy officials. What are they doing well. I've

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Speaker 2: got another story about that, also from the Colorado Sun,

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Speaker 2: which we'll get to in a minute. I'm going to

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Speaker 2: roll with some state issues today because wherever you're listening,

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Speaker 2: don't think that this doesn't apply to you. You just

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Speaker 2: don't have a talk show host that is pointing out

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Speaker 2: Maybe you do. I hope that, I really hope you

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Speaker 2: that you do that is pointing out the absurdity if

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Speaker 2: you live in a blue state like we do that

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Speaker 2: they do stupid stuff like this. Here's here. You know,

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Speaker 2: the leading paragraphs should sum up if you're a good reporter,

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Speaker 2: good writer. The first paragraph should sum up kind of

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Speaker 2: what the story is about and entice you to read further.

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Speaker 2: The first paragraph of this story says Colorado Clean Energy

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Speaker 2: officials are boosting their cash for Clunkers offer to nine

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Speaker 2: thousand dollars for turning in an old gasoline car and

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Speaker 2: buying a new electric vehicle, up from the previous six

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Speaker 2: thousand dollars, in order to bolster sales after a lucrative

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Speaker 2: federal subsidy ended Tuesday, the end of the physical year.

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Speaker 2: Wait a minute, so we're going to boost our tax

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Speaker 2: state tax credit in order to offset the loss of

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Speaker 2: the federal tax credit, trying to get people to buy

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Speaker 2: electric vehicles which are sitting on the lots unsold, because

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Speaker 2: the marketplace, the invisible hand of the market, has decided

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Speaker 2: we don't want electric vehicles. We certainly don't want them

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Speaker 2: in the amount that you're trying to sell them at

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Speaker 2: the amount and to the dollar amount you're trying to

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Speaker 2: sell them at the price point you're trying to say

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Speaker 2: them and we don't want you know charging In fact,

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Speaker 2: in fact, there was a story, another story. Let me

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Speaker 2: just digress for one moment to show you how I

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Speaker 2: want because I want to get to the I want

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Speaker 2: you to understand the absurdity of all of this. I

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Speaker 2: get a notice from Excel Energy, our electric supplier, about

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Speaker 2: how they've changed the time of use rates, and buried

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Speaker 2: in the story about the time of use rates, which

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Speaker 2: is now, I mean the off peak period is like

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Speaker 2: twenty four hours a day other than from five to

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Speaker 2: nine pm. So outside that you're paying a lower energy

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Speaker 2: rate than the energy you use between five pm. I

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Speaker 2: think it's five pm and nine pm. So if you're

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Speaker 2: going to use your electric clothes dryer, are you going to,

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Speaker 2: you know, run the dishwasher or whatever it might be

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Speaker 2: that consumes electricity, do that outside the hours of five

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Speaker 2: to nine o'clock. But buried within that was we're doing

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Speaker 2: that so that it is more economical for you to

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Speaker 2: recharge your electric vehicle. Now, I did not dig around

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Speaker 2: to see how many electric vehicles are registered in the

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Speaker 2: state of Colorado, but that's what they care about. Now,

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Speaker 2: that's not the only reason they're doing I think they're

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Speaker 2: doing it primarily because there was a backlash against this.

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Speaker 2: They had an off peak period, a peak period, and

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Speaker 2: then a mid peak period, so they had three periods.

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Speaker 2: It was kind of convoluted, difficult to understand, and I

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Speaker 2: think the Public Utilities Commission and customers and everybody said, wait, wait,

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Speaker 2: simplify this. Nonetheless, they simplified it, but they tried to

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Speaker 2: rationalize it by saying, because that will be more effective

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Speaker 2: to charge your EVE. And I thought, wow, that's a

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Speaker 2: reason to do it, because I don't know how many

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Speaker 2: EV's on the road. But whatever. Back to the Colorado Sun, which,

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Speaker 2: again that tangent was to show you that we still,

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Speaker 2: we still, for some reason, are embracing EV's. We're out

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Speaker 2: there hugging our EV's or your EV's because I don't

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Speaker 2: have one. You're hugging your EV as though that's somehow

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Speaker 2: going to save humanity. We'll get to it in a minute.

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Speaker 2: But the person who's going to save humanity is Pope Leo,

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Speaker 2: who blessed the chunk of ice yesterday. I don't even

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Speaker 2: get me started on that. We'll do that in a minute.

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Speaker 2: So back to the Colorado Sun. So the Colorado Sun

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Speaker 2: is trying to convince me that, hey, This is great

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Speaker 2: news because Colorado has stepped up and they have increased

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Speaker 2: their state income tax credit that you will get if

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Speaker 2: you buy an EV. It's up from the previous six

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Speaker 2: thousand dollars to nine thousand dollars. Do you know what

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Speaker 2: a tax credit is? I mean, I don't. I'm not

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Speaker 2: trying to impugne your your intelligence here, but a tax

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Speaker 2: credit is a direct offset against any taxes ode to

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Speaker 2: the State of Colorado on your income tax return. So

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Speaker 2: when you finish your Colorado state income tax return and

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Speaker 2: you owe you know, fifteen thousand dollars, you can now

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Speaker 2: only pay the state six thousand dollars because there's now

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Speaker 2: nine thousand dollars tax credit that you can take against

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Speaker 2: those income taxes. It's a tax credit. The story says

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Speaker 2: the federal EV tax credit of seven five hundred dollars,

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Speaker 2: taken off at the point of sales, was a victim

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Speaker 2: of the Summer's Big Beautiful Bill Act by Congress and

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Speaker 2: state and local officials and car dealers worried the cut

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Speaker 2: would slow Colorado's progress in transforming from a fossil fuel

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Speaker 2: fleet to cleaner transportation. Now that caught my The word

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Speaker 2: fleet caught my attention because are they worried about you

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Speaker 2: and me driving an internal combustion engine, or are they

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Speaker 2: doing this to somehow get the state vehicles and municipal

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Speaker 2: and you know, special district vehicles to convert to evs.

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Speaker 2: Because I don't refer to the cars that Dragon and

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Speaker 2: I own as a fleet. When I think of a fleet,

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Speaker 2: I think of a company has a fleet. We have

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Speaker 2: a fleet of vans in the back parking lot. None

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Speaker 2: of what you're ev that I know of, shame on us.

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Speaker 2: The state's three three thousand dollars addition to an existing

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Speaker 2: vehicle exchange program for income qualified buyers doesn't fill the

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Speaker 2: whole federal gap, but could make a difference for some

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Speaker 2: shoppers who missed the September thirty deadline. Then they go

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Speaker 2: on to site Will Too or chief of the Colorado

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Speaker 2: Energy Office, quote, the federal tax credit has been ended

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Speaker 2: seven years prematurely by the Trump administration, and at a

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Speaker 2: time when we are seeing really significant consumer demand for

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Speaker 2: electric vehicles in Colorado. I didn't look that up, but

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Speaker 2: I questioned that. He goes on to quote, We thought

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Speaker 2: that it was important to step up and do what

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Speaker 2: we can as a state to really help keep that

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Speaker 2: momentum going, and in particular to help make sure that

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Speaker 2: low and moderate income Colorados can continue to be able

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Speaker 2: to have access to electric vehicles. Oh yes, that's so very,

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Speaker 2: very important, the story continues. The expansion will be paid

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Speaker 2: for with money left in the Vehicle Exchange Fund for

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Speaker 2: fiscal year twenty twenty six. The exchange, launched in summer

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Speaker 2: of twenty twenty three, had twenty twenty five point six

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Speaker 2: million dollars to operate over the first three years from

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Speaker 2: the Community Access Enterprise of the state budget. Hmm, what

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Speaker 2: the crap is the Community Access Enterprise within the state budget? Well,

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Speaker 2: the next sentence, the fund accumulates specific transportation fees. And

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Speaker 2: to make sure you understand this, according to the Colorado Sun,

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Speaker 2: is not part of the state general fund spending. Now

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Speaker 2: we're gonna we're gonna counter that. In just a minute,

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Speaker 2: about two thousand, six hundred older vehicles had been retired.

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Speaker 2: They're at the old Car Home now, yes, they're in

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Speaker 2: an assisted living for old cars. About two thousand, six

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Speaker 2: hundred older vehicles have been retired through the exchange program

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Speaker 2: so far. Okay, well that doesn't seem like a lot lot,

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Speaker 2: but whatever. Buyers must be turning in a car twelve

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Speaker 2: years or older, or one that's failed a recent emissions test.

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Speaker 2: If your car failed to call air Care air Quality

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Speaker 2: emissions test, you've got a truly old clunker that really

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Speaker 2: ought to just be burned, just ought to be taken

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Speaker 2: out to somewhere and just smashed up. Environmental groups. They write.

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Speaker 2: Environmental groups like the exchange programs because they take older,

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Speaker 2: higher emitting gasoline engines off the road permanently while also

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Speaker 2: boosting the EV market. You know, government intervention boosting a market.

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Speaker 2: It's a fake market. Now. You can also turn in

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Speaker 2: an old vehicle to buy a used EV, in which

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Speaker 2: case the exchange in cent even November three, goes from

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Speaker 2: the existing four grand up to six grand. The income

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Speaker 2: qualification is pegged at eighty percent of the area median

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Speaker 2: income in the buyer's home county. The exchange and cent

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Speaker 2: can be layered on top of the still in place

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Speaker 2: state tax credit of thirty five hundred dollars state credit

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Speaker 2: a credit of thirty five hundred dollars, plus an extra

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Speaker 2: twenty five hundred dollars from the state if buying a

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Speaker 2: new EV priced under thirty five thousand dollars to recap,

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Speaker 2: if you have a qualifying old car and you're buying

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Speaker 2: a new EV under thirty five thousand dollars from November

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Speaker 2: three through the rest of twenty twenty five, your total

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Speaker 2: state discount would be fifteen thousand dollars. Now, Matthew Graves Groves,

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Speaker 2: I'm sorry, Matthew Groves of the Colorado Auto Dealers Association quote,

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Speaker 2: we appreciate Colorad's continue commitment to electric vehicles. The sales

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Speaker 2: number of the last few years show the consumer interest

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Speaker 2: is stronger than mere tax credits. However, as we face

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Speaker 2: troubling economic times, programs like the Vehicle Exchange or instrumental

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Speaker 2: in turning that interest into reality for everyday Colorados. That

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Speaker 2: sounds like a bullcrap kind of statement to me. Didn't

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Speaker 2: really say anything, but you know, they had to get

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Speaker 2: a quote. And of course, the Colorado Auto Dealers Association

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Speaker 2: represents all auto dealers and the ones that sell evs,

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Speaker 2: and you know they you know, so they represent Tesla,

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Speaker 2: but they also represent you know, General Motors or GM

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Speaker 2: or G or Stalentius or BMW or whatever, so you know,

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Speaker 2: people that sell all sorts of stuff. Now, of course

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Speaker 2: POLIS has to get on the story because you know,

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Speaker 2: you got to have a quote from the governor. By

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Speaker 2: increasing the vehicle Exchange Colorado incentive, my team is helping

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Speaker 2: families or access and important opportunity to save money. This

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Speaker 2: is the right thing to do. With the federal government

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Speaker 2: abandoning support for clean energy. State leadership is more important

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Speaker 2: now than ever. The Colorado Community Access Enterprise Fund now

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Speaker 2: they say it's not part of the state budget. So

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Speaker 2: but does it impact the state budget? You may recall

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Speaker 2: that we had a one point five billion dollar deficit

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Speaker 2: that was so bad that Governor Poulos had to call

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Speaker 2: a special session. All of the marksists show up at

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Speaker 2: the Pollot Bureau this summer and they have a special

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Speaker 2: session and they fill the gap by taking away some

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Speaker 2: of you know, taking some more of your money, increasing

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Speaker 2: in some fees, and doing all sorts of stuff. However,

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Speaker 2: the structural deficit that exists within the Colorado annual state

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Speaker 2: budget has not been fixed. So stories that I found

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Speaker 2: in trying to understand where the Colorado Community Access Enterprise

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Speaker 2: Fund gets its money, which they keep emphasizing does not

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Speaker 2: come from a state budget. That budget deficit is structural,

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Speaker 2: as is expected to pop up again next legislative session

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Speaker 2: and will be eight hundred million dollars and is and

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Speaker 2: that will continue for the foreseeable future until these are

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Speaker 2: my words, until we quit spending money on the wrong things.

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Speaker 2: So back to the Colorado Community Access Enterprise Fund. That

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Speaker 2: fund has received approximately drum roll, please, three hundred and

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Speaker 2: ten million dollars over its first decade of operation. That's

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Speaker 2: a lot of money. Three hundred and ten million dollars.

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Speaker 2: In fact, that's almost half, about a third to a

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Speaker 2: half of the budget deficit that we're going to have

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Speaker 2: structurally in future fiscal years. So where do the where's

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Speaker 2: the Colorado Community Access Enterprise Fund get Their money? Is

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Speaker 2: funded primarily by the retail delivery fee. Yes, that's the

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Speaker 2: primary source of their funding, the retail delivery fee. So

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Speaker 2: that when you know, have somebody deliver something from the

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Speaker 2: grocery restore from home depot, or you get an Amazon delivery,

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Speaker 2: or you get you know, or anytime you're ordering anything

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Speaker 2: and you see, you know, you when you get ready

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Speaker 2: to pay your bill, you thought you were going to

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Speaker 2: pay twenty nine to ninety five for some item from Amazon,

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Speaker 2: and then you see, oh now I got to pay

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Speaker 2: state income. I got to pay state sales tax on that.

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Speaker 2: Oh and then there's a delivery fee on top of that,

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Speaker 2: so you're actually paying like, you know, thirty five bucks

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Speaker 2: or something. Well, some of that money from the delivery

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Speaker 2: delivery fee itself is going to the Colorado Community Access

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Speaker 2: Enterprise Fund, and that's what they're using to provide the

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Speaker 2: state tax credit for you to trade in your you know,

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Speaker 2: this is this is a cash for cluckers thing, right,

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Speaker 2: This is a cash for cluckers. So that's where you're

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Speaker 2: gonna that's where the money comes from for the state

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Speaker 2: to provide you a tax credit to replace the diminished

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Speaker 2: and outright eliminated federal ev tax credit. Let's think about

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Speaker 2: this for a minute.

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Speaker 3: Now.

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Speaker 2: There are some other sources, some federal grants. So that's

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Speaker 2: taxpayer dollars private of public donations. I dug and I

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Speaker 2: dug and I dug trying because they have a dashboard.

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Speaker 2: The Colorado Community Access Enterprise Fund has a dashboard. But

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Speaker 2: I was trying to find, like, who gives a donation

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Speaker 2: a public donation on ColorADD Gives Day. Do you think

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Speaker 2: to yourself, Oh, you know what I could give to

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Speaker 2: some you know, children's fund to take care of children

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Speaker 2: to have you know, handicaps, or you know they've had

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Speaker 2: a father killed in a war somewhere. No, no, I

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Speaker 2: think I'll give to the Coloroug Community Access Fund, because well,

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Speaker 2: they got three hundred ten million dollars fund the state

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Speaker 2: Delivery y As of its first decade, the expected revenue

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Speaker 2: is three hundred and ten million dollars, averaging roughly thirty

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Speaker 2: one million dollars per year. Now, let's think about where

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Speaker 2: this money goes.

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Speaker 4: Hey, Mike, I can't tell you how absolutely angry I

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Speaker 4: am about that tax rebate increase. I don't know what

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Speaker 4: I can do. I want to get rid of that

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Speaker 4: governor of ours. I want to storm the capitol. I

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Speaker 4: know that's not the right thing to do, but.

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Speaker 2: No, how do you do by yourself?

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Speaker 4: Understand, that's money out of our pockets. I'm a blue

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Speaker 4: collar I can't afford the extra taxes. Every time he

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Speaker 4: thinks about something new.

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Speaker 2: I'm not laughing at you, I'm laughing with you, and

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Speaker 2: you actually are laughing too. Because the point of the

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Speaker 2: story is not to make anybody angry, is to show

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Speaker 2: you the absurd world that we live in and the

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Speaker 2: Colorado soun as a Now, look Colorado, Son does not

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Speaker 2: have a wide circulation. It's it's an online newspaper. It's

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Speaker 2: all like you can get it delivered to your driveway

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Speaker 2: every morning or the Chief and would if you could.

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Speaker 2: But this is what liberals read, and this is what

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Speaker 2: liberals believe. And all I'm trying to do is point

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Speaker 2: out the absurdity of the claim that somehow this is

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Speaker 2: going to save the environment, is is going to sell

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Speaker 2: more evs, and then at the end of the day,

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Speaker 2: it's not going to cost the taxpayers anything, Well, bull crap.

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Speaker 2: If it's not costing the taxpayers anything, The only way

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Speaker 2: you can make a legitimate argument that it's not costing

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Speaker 2: the taxpayers anything is if you have such minimal income

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Speaker 2: that you don't pay any say income tax to begin with,

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Speaker 2: and two that you're so destitute and poor that you

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Speaker 2: never order anything from Amazon or have anything deliveracy you

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Speaker 2: never pay the fee. If you're living and breathing in

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Speaker 2: Colorado and your IQ's above room temperature and you've ever

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Speaker 2: ordered anything from Amazon, if anything's ever shown up other

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Speaker 2: than from the USPS that has shown up on your

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Speaker 2: front porch, from FedEx or DHL or ups or anybody else,

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Speaker 2: you've paid a delivery fee.

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Speaker 3: That's increased over the past few years too, by the way,

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Speaker 3: from twenty six today.

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Speaker 2: We will get to that in a minute.

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Speaker 3: Okay, do you mind if I jump to the.

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Speaker 2: No, you might while I catch my breath. You certainly

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Speaker 2: make so.

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Speaker 3: You were reading the article and something that caught my

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Speaker 3: ear us it does. Yeah, I just had to dive

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Speaker 3: into it too and figure out, Oh, this sounds kind.

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Speaker 2: Of before you say anything. Yeah, let me just say this.

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Speaker 2: As I was printing out and doing my research for

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Speaker 2: the stupid give Me Access whatever it is Enterprise Mound,

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Speaker 2: I thought, as I go through the story today, there

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Speaker 2: are things that I did not I caught my eye too,

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Speaker 2: and I thought, yeah, but I'll just do the story

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Speaker 2: and somebody will jump in and go somebody will say

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Speaker 2: something that's right, Sure enough, here you are.

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Speaker 3: The exchange incentive can be layered on top of the

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Speaker 3: still in place tax credit of thirty five hundred plus

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Speaker 3: an extra twenty five hundred from the state if buying

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Speaker 3: a new EV priced priced under thirty five grand. Yes,

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Speaker 3: So that got me thinking. I was like, huh, I

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Speaker 3: wonder how many new evs out there are under thirty

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Speaker 3: five grand.

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Speaker 2: Of course you did so.

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Speaker 3: According to cars dot com in an article that was

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Speaker 3: posted just last month, so this is new and accurate information.

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Speaker 3: There are four, a total of four evs priced under

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Speaker 3: thirty five hundred dollars.

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Speaker 2: Okay, and of those four, what is priced at what?

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Speaker 3: Thirty four nine ninety five.

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Speaker 2: So if you wanted, like, oh, I don't know, steering wheels,

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Speaker 2: it goes over thirty five miles, power windows, oh, you

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Speaker 2: want seat belts with that? And now thirty five grand.

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Speaker 3: Just to look at what vehicles these are, the Nissan

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Speaker 3: Leaf Whoom that looks like a great car, the Fiat five.

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Speaker 2: Hundred little lady bug driving down to.

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Speaker 3: You, yep, yep. Now there is also the Honda Hondai

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Speaker 3: KNA had no idea, and the Chevy Equinox.

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Speaker 2: I think I think I may have may have seen Equinox.

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Speaker 3: I don't really know either of those cars, but there

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Speaker 3: I would have liked to think. They're hopefully not as

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Speaker 3: dorky as the Nissan lead for the Fiat five hundred.

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Speaker 2: Now, just to further the and again to the talk back,

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Speaker 2: you're more than welcome to go storm the capitol on

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Speaker 2: your own. In fact, if you do, be sure and

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Speaker 2: get one of those handheld selfie sticks and show us

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Speaker 2: as you storm the capitol and bang on the door

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Speaker 2: and let us know how that goes for you. The

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Speaker 2: purpose of this is not to make you angry. The

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Speaker 2: purpose of this story is to make you realize how

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Speaker 2: stupid things are and how the liberals, the lefties that

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Speaker 2: swarm around among us really are. They're true believers. They

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Speaker 2: believe in this crap. So let's go back to the

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Speaker 2: to the stupid Colorado Community Access Enterprise Fund. Doesn't that

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Speaker 2: sound wonderful? The Colorado Community Access Enterprise Fund. Oh my

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Speaker 2: heart just flutters when I think about that. This was

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Speaker 2: started to Senate Bill twenty one two sixty back in

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Speaker 2: twenty twenty one. Formal implementation began in twenty twenty two.

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Speaker 2: Projected ten year budget three hundred and ten million dollars.

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Speaker 2: Expenditures from this fund are dedicated to supporting the transition

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Speaker 2: to EV's and related infrastructure. The categories they can spend

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Speaker 2: this money on are the following. Grants and rebates for residents, businesses,

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Speaker 2: local governments. Oh, so they're going to eat The state

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Speaker 2: is actually going to reimburse local government in that special

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Speaker 2: and industry partners whatever, the crap that means to offset

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Speaker 2: EV purchase costs, funding for EV charging infrastructure statewide, including

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Speaker 2: public workplace, multifamily fast charging clauses, and infrastructure in low

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00:24:04,840 --> 00:24:09,160
Speaker 2: income and disproportionately impacting communities. Oh, it's a DEI program

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00:24:09,280 --> 00:24:13,840
Speaker 2: in that fantastic support for electric alternatives like e bikes,

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Speaker 2: electric scooters, including incentives and rebased targeting pollutant heavy vehicle

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Speaker 2: replacement grants for medium and heavy duty electric vehicle charging

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Speaker 2: such as buses and refrigerated trailers, refers, and operational costs

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Speaker 2: including board expenses, consulting. Oh, there we go. I bet

385
00:24:34,760 --> 00:24:39,480
Speaker 2: there's a lot of money going to consultants, administrations, salaries,

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Speaker 2: salaries and bonuses, technical assistance, whatever the crap that means,

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Speaker 2: Oh we need to hire, we need some engineers. Look

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Speaker 2: at this and public engagement as mandated by law. Oh

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Speaker 2: so you pay to get propagandized by the Community Access enterprise.

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00:25:01,359 --> 00:25:05,600
Speaker 2: It's all just so fantastic. It's just also wonderful. Now

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00:25:05,640 --> 00:25:09,600
Speaker 2: they're required by law to maintain a public facing dashboard

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Speaker 2: to track the program's status, the funding allocations, the project

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00:25:13,640 --> 00:25:17,920
Speaker 2: progress and all the total expenditures by category. Now project

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00:25:17,960 --> 00:25:21,560
Speaker 2: details and status by fiscal year location and equity classification,

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Speaker 2: which is the way they described it, are available via

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Speaker 2: periodic dashboard updates. In other words, we can't update this

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00:25:29,440 --> 00:25:31,600
Speaker 2: thing every day. We just we're going to do it

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00:25:31,640 --> 00:25:36,760
Speaker 2: every once in a while periodically. Spending is overseen by

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Speaker 2: a board comprised of four government governor appointed members, with

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Speaker 2: representation required for disproportionately impacted communities. So we're going to

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Speaker 2: get a poor, uneducated individual to serve on this board. Wow,

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00:25:53,280 --> 00:25:57,199
Speaker 2: I bet they really are heavy contributors to the intellectual

403
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Speaker 2: discussion about how we should be spending this money. I'm

404
00:26:00,160 --> 00:26:03,480
Speaker 2: just three professionals. So the people that are benefiting from

405
00:26:03,480 --> 00:26:09,080
Speaker 2: this are on the board too. And sustainability advocates, you

406
00:26:09,160 --> 00:26:11,560
Speaker 2: know where they go to get that. They go to

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Speaker 2: twenty third and Main Street, where the Church of the

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Speaker 2: Climate activists have their big church, their big temple, and

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Speaker 2: they go there and they pluck some people out of

410
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Speaker 2: that congregation and they get to serve on the board too.

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Speaker 2: So the very people that are pushing this bull crap

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Speaker 2: on us get to be on the board. Oh this

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Speaker 2: is I'm telling you. This has got me so excited.

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Speaker 2: I'm about to pee my pants. I ask several AI

415
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Speaker 2: platforms to analyze and give me the most in depth

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00:26:38,600 --> 00:26:44,639
Speaker 2: breakdown available. These are the main expenditure categories today HICGELO

417
00:26:44,640 --> 00:26:49,640
Speaker 2: grants and EV rebate programs, infrastructure deployment for public, workplace

418
00:26:49,640 --> 00:26:54,360
Speaker 2: and multifamily charging, fast charging corridors and sendings for replacing

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00:26:54,440 --> 00:27:00,639
Speaker 2: high plooting vehicles, Equity focus programs for law, income and

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00:27:00,680 --> 00:27:05,760
Speaker 2: impact burden communities, EV alternaty promotions. Those are the E

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Speaker 2: bike and E scooter incentives, medium and heavy duty EV

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00:27:10,200 --> 00:27:13,560
Speaker 2: support for fleets, buses and trailers, and of course year

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00:27:13,600 --> 00:27:17,399
Speaker 2: administrati even operational expenses such as staff, all the consultants,

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00:27:17,400 --> 00:27:22,119
Speaker 2: the board, tossing communications. So then I said, well that's

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Speaker 2: not good enough. I want you to get more granular.

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Speaker 2: I want you to get I want you to tell

427
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Speaker 2: me spending for example, you know by year my category.

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Speaker 2: And of course they had a hard time doing it.

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Speaker 2: In its first fiscal year, the CAE, the Community Access

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00:27:41,160 --> 00:27:46,879
Speaker 2: Enterprise Fund, funded the Vehicle Exchange Colorado program. They issued

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Speaker 2: more than thirteen hundred rebates with a total budget of

432
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Speaker 2: five point seven million as of June thirty of last year,

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Speaker 2: sixty eight percent of those rebates were redeemed The budget

434
00:27:58,160 --> 00:28:01,120
Speaker 2: for this program was expanded by no. Nine million dollars

435
00:28:01,200 --> 00:28:05,200
Speaker 2: last August twenty four, I'm sorry August twenty four, making

436
00:28:05,240 --> 00:28:07,639
Speaker 2: total funding about fourteen and a half million for the

437
00:28:07,640 --> 00:28:11,080
Speaker 2: first two years of operation. They're expected to distribute about

438
00:28:11,119 --> 00:28:13,400
Speaker 2: three hundred and ten million dollars orth of first decade

439
00:28:13,480 --> 00:28:17,439
Speaker 2: since its inception in twenty twenty one, supporting all these stupid,

440
00:28:17,480 --> 00:28:21,640
Speaker 2: dumbass programs that I just described for you. But then

441
00:28:23,760 --> 00:28:28,399
Speaker 2: I ask several AI platforms dig deeper. I want you

442
00:28:28,480 --> 00:28:31,679
Speaker 2: to dig deeper. Here are the results that I get

443
00:28:32,040 --> 00:28:37,639
Speaker 2: compiled in my terms, in my language. Specific annual breakdowns

444
00:28:37,720 --> 00:28:43,400
Speaker 2: of tax credit equivalent payouts are not publicly detailed, but

445
00:28:43,600 --> 00:28:47,000
Speaker 2: seem to be embedded in the broader rebate programs funded

446
00:28:47,000 --> 00:28:51,280
Speaker 2: by CAAE the Community Access Enterprise Fund. In other words,

447
00:28:52,520 --> 00:28:56,320
Speaker 2: all the four artificial intelligence platforms I asked to research

448
00:28:56,400 --> 00:28:58,920
Speaker 2: and dig into that and find me the numbers. Couldn't

449
00:28:58,920 --> 00:29:02,320
Speaker 2: find the numbers. What are you hide in c AE.

450
00:29:03,000 --> 00:29:06,160
Speaker 2: What are you hiding? That's what I'd like to know. Now,

451
00:29:06,280 --> 00:29:12,719
Speaker 2: the the COUDA gross of this entire story. Well, that's next.

452
00:29:13,600 --> 00:29:16,800
Speaker 3: Hey, Michael, we run the conas out at the airport.

453
00:29:17,080 --> 00:29:18,640
Speaker 1: If you want to come over to eve us and.

454
00:29:18,600 --> 00:29:22,120
Speaker 3: Try a ConA out. That'd be great. See then bye?

455
00:29:23,200 --> 00:29:25,320
Speaker 2: Can I drive it up and down one of the runways?

456
00:29:26,280 --> 00:29:31,080
Speaker 2: Can I can I chase a Dreamliner you know taking off?

457
00:29:31,080 --> 00:29:33,960
Speaker 2: Can I can I do that? Your chat blast, we'd

458
00:29:34,000 --> 00:29:36,560
Speaker 2: just drive fly the ConA off into the air.

459
00:29:36,720 --> 00:29:38,360
Speaker 3: Yeah, but you're not a delta flight, so you're not

460
00:29:38,400 --> 00:29:39,680
Speaker 3: gonna hit anybody. So it's fine.

461
00:29:39,760 --> 00:29:43,640
Speaker 2: Oh that's true. That's true. I will come out and

462
00:29:43,680 --> 00:29:46,600
Speaker 2: do that. We'll come out and try a ConA. All right. Now,

463
00:29:46,680 --> 00:29:50,840
Speaker 2: here's here's the coudah gross about this story. The most

464
00:29:50,840 --> 00:29:53,920
Speaker 2: recent Colorado budget deficit was about one point two billion

465
00:29:53,920 --> 00:29:56,800
Speaker 2: dollars for fiscal year twenty five to twenty six. The

466
00:29:56,840 --> 00:30:01,680
Speaker 2: budget hole was large was caused be fair by a

467
00:30:01,760 --> 00:30:06,400
Speaker 2: reduction of state revenue following the passage of the One

468
00:30:06,400 --> 00:30:09,600
Speaker 2: Big Beautiful Bill, which cut Colorado's income and corporate tax

469
00:30:09,640 --> 00:30:13,520
Speaker 2: revenue by about one point two billion dollars. Now, during

470
00:30:13,520 --> 00:30:18,960
Speaker 2: the special session August, the Politbureau members took action to

471
00:30:19,040 --> 00:30:24,160
Speaker 2: include tax adjustments and some spending cuts to address roughly

472
00:30:24,640 --> 00:30:27,200
Speaker 2: seven hundred and fifty to eight hundred million dollars of

473
00:30:27,240 --> 00:30:31,960
Speaker 2: that one point two billion dollars gap. Poll assigned executive

474
00:30:32,080 --> 00:30:35,040
Speaker 2: orders cutting an additional two hundred and fifty two million

475
00:30:35,040 --> 00:30:37,720
Speaker 2: from the budget to help close the gap, But despite

476
00:30:37,800 --> 00:30:42,520
Speaker 2: those actions, the state still faces a structural deficit forecasted

477
00:30:42,560 --> 00:30:45,240
Speaker 2: to be nearly eight hundred and fifty million dollars for

478
00:30:45,280 --> 00:30:50,440
Speaker 2: the next fiscal year starting next July. First, that structural

479
00:30:50,480 --> 00:30:54,640
Speaker 2: deficit is due to ongoing higher costing government programs like

480
00:30:54,760 --> 00:30:58,120
Speaker 2: medicaid education, coupled with all the statutory spending growth limits

481
00:30:58,360 --> 00:31:02,480
Speaker 2: that are tied to the Tabor tax Payer Bill of Rights,

482
00:31:02,960 --> 00:31:06,440
Speaker 2: which means they'll be attacking Tabor. But why not attack

483
00:31:06,680 --> 00:31:12,640
Speaker 2: this And here's why we face a structural budget deficit.

484
00:31:12,720 --> 00:31:15,880
Speaker 2: The Calvado Sun wants you to believe that this is great,

485
00:31:15,920 --> 00:31:20,840
Speaker 2: that these rebates and these incentives and these tax credits

486
00:31:21,120 --> 00:31:25,600
Speaker 2: are good for Colorado. What they never tell you anywhere

487
00:31:25,680 --> 00:31:31,280
Speaker 2: in the story is that every single tax credit is

488
00:31:31,880 --> 00:31:36,520
Speaker 2: money that is foregone from collection by the State of Colorado.

489
00:31:37,840 --> 00:31:40,560
Speaker 2: So if I get a tax credit, and let's say

490
00:31:40,560 --> 00:31:43,120
Speaker 2: I get a full just let's say I get a

491
00:31:43,120 --> 00:31:46,840
Speaker 2: full three thousand, five hundred dollars tax credit in my

492
00:31:47,120 --> 00:31:52,520
Speaker 2: tax bracket, that means I probably don't pay three thousand,

493
00:31:52,640 --> 00:31:56,200
Speaker 2: five hundred dollars in income tax to the state of Colorado.

494
00:31:57,120 --> 00:32:01,400
Speaker 2: That's money that is lost gone, and where did it

495
00:32:01,480 --> 00:32:04,720
Speaker 2: go to support something that people don't want to buy?

496
00:32:05,000 --> 00:32:07,120
Speaker 2: That they have to provide incentives to try to get

497
00:32:07,120 --> 00:32:09,400
Speaker 2: people to buy a product that the people don't want,

498
00:32:10,200 --> 00:32:13,800
Speaker 2: and in the course of doing so, further impacts the

499
00:32:13,840 --> 00:32:18,160
Speaker 2: state budget. But you will not find that anywhere in

500
00:32:18,160 --> 00:32:21,640
Speaker 2: the Colorado Sun article. Why because they want you to

501
00:32:21,680 --> 00:32:25,520
Speaker 2: believe that the fee that you pay pays for everything,

502
00:32:25,800 --> 00:32:28,760
Speaker 2: without ever stopping and thinking that, oh, the fee goes

503
00:32:28,800 --> 00:32:32,480
Speaker 2: to fund a tax credit, and the tax credit means

504
00:32:32,680 --> 00:32:36,600
Speaker 2: that's money that is not paid in in income taxes

505
00:32:36,720 --> 00:32:39,960
Speaker 2: when you fill out your Colorado form, whatever the form

506
00:32:40,080 --> 00:32:43,560
Speaker 2: number is, Do you see how stupid this stuff is?

507
00:32:45,040 --> 00:32:50,080
Speaker 2: Do you see how absolutely outrageous it is? Now? Maybe again,

508
00:32:50,200 --> 00:32:52,880
Speaker 2: the purpose was not to make you mad. The purpose

509
00:32:53,000 --> 00:32:56,520
Speaker 2: was to make you to help you understand that all

510
00:32:56,560 --> 00:32:59,040
Speaker 2: of this bull crap that they keep shoving down our

511
00:32:59,160 --> 00:33:04,080
Speaker 2: throats about climate or EVS or everything else, or anytime

512
00:33:04,160 --> 00:33:06,320
Speaker 2: they talk about, hey, we got an INCENTI for you.

513
00:33:07,080 --> 00:33:09,960
Speaker 2: That's why I get pissed off when I see somebody

514
00:33:10,040 --> 00:33:13,520
Speaker 2: driving an EV not because I cared that you drive

515
00:33:13,520 --> 00:33:17,720
Speaker 2: an EV, but because I subsidized it, and because it

516
00:33:17,840 --> 00:33:22,440
Speaker 2: added to our budget deficit, because you didn't pay any questions,

517
00:33:22,440 --> 00:33:25,200
Speaker 2: so you didn't pay any but you paid less state

518
00:33:25,360 --> 00:33:33,080
Speaker 2: income tax because it is a tax credit. You know,

519
00:33:33,160 --> 00:33:37,240
Speaker 2: if we didn't have such a stupid education program, teenagers

520
00:33:37,320 --> 00:33:41,880
Speaker 2: might be understanding that, let alone adults