WEBVTT - The City Sold Your Water feat. Prop 

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<v Speaker 1>A media We's so, y'all's your favorite cousin.

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<v Speaker 2>I just came over. You feel me, y'all don't have.

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<v Speaker 1>No cousins that just kind of pop up, just be

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<v Speaker 1>at the house like like a ninety sitcom where you

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<v Speaker 1>don't knock on the door, you just be walking in.

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<v Speaker 1>That wasn't my life, mainly because most of the cousins

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<v Speaker 1>on my mother's side lived on the other side of

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<v Speaker 1>the country, and then my cousin's on my father's side,

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<v Speaker 1>since we lived in gang infested areas, you didn't just

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<v Speaker 1>pop up. That was just not the safest thing to do.

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<v Speaker 1>But I'm doing that at your house. And you know

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<v Speaker 1>what happens when you have cousins come over. Well, now,

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<v Speaker 1>a small percentage of y'all are black, but a lot

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<v Speaker 1>of percentages y'all grew up poor, which means that you

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<v Speaker 1>got whoopings just.

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<v Speaker 2>Like we did.

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<v Speaker 1>So you know, usually when your cousin comes over, somebody's

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<v Speaker 1>getting We all somebody getting in trouble, and it's usually

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<v Speaker 1>you because you're supposed to know better. I never got

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<v Speaker 1>more spankings then when my cousins came over, because we

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<v Speaker 1>would just get into stuff. And then since I'm the

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<v Speaker 1>one that lived there, and I was cutting up in

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<v Speaker 1>front of company.

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<v Speaker 2>I ended up getting into most trouble.

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<v Speaker 1>Anyway, this isn't where I'm working out trauma, although it

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<v Speaker 1>is called it can happen here podcasts, So I feel

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<v Speaker 1>like we all collectively working out trauma of being Americans.

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<v Speaker 1>And lastly, on the rambling preamble, I got a dog. Now, well,

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<v Speaker 1>my daughter got a dog. And to all the parents

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<v Speaker 1>that listen, you know when your child gets a pet,

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<v Speaker 1>who's pet that actually is? So I find myself doing

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<v Speaker 1>a lot more chores than I signed up for. But

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<v Speaker 1>it's a pug, and it keeps trying to eat the

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<v Speaker 1>cat's food.

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<v Speaker 2>Therefore it's got liquid doodoo. And I'm not a fan

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<v Speaker 2>of that.

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<v Speaker 1>And since I get to work in my pajamas because

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<v Speaker 1>I'm just recording podcasts and rap music back here, seems

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<v Speaker 1>to fall on me to scoop up this liquid doodoo.

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<v Speaker 2>But that's only when she eats the cat's food. Stupid dog,

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<v Speaker 2>eat your own food.

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<v Speaker 1>Anyway, I'm here to talk about something that you can

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<v Speaker 1>do nothing about. All right, y'all ready here we go,

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<v Speaker 1>a brother like me who bleeds Los Angeles. You cut

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<v Speaker 1>me open and Pacific Ocean salt water comes out. You

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<v Speaker 1>poke my lungs and smog pours out of me. I

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<v Speaker 1>could work for the Tourist Department of Los Angeles. I

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<v Speaker 1>love this city at an unhealthy level. There are things

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<v Speaker 1>about this place that is absolute trash. Don't get me wrong,

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<v Speaker 1>there is a lot wrong with this city. With this place,

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<v Speaker 1>the ground shakes up under us. We've been such a

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<v Speaker 1>horrible steward as to how to take care of this land.

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<v Speaker 1>I'm gonna include myself, even though I am not the

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<v Speaker 1>invasive colonizer. But there are really only nine native trees

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<v Speaker 1>to California, two of which are not the palm tree

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<v Speaker 1>or the eucalyptus. The plants that are here naturally are

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<v Speaker 1>drought resistant and fire resistant.

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<v Speaker 2>They don't burn that easy.

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<v Speaker 1>The ones that burn up real quick are the sycamores

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<v Speaker 1>and the palm trees.

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<v Speaker 2>And if you may have noticed, Los Angeles hit a

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<v Speaker 2>bit of a dry spell recently and had quite the disaster.

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<v Speaker 1>Now, I'm slowly backing that thing up into what we're

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<v Speaker 1>gonna talk about right now, which you should probably know

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<v Speaker 1>if you have already read the show title when you

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<v Speaker 1>clicked play. But I'm gonna back that thing up into it.

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<v Speaker 1>California catches fire every year in some location. Now, my mother,

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<v Speaker 1>you know, Mama prop she worked thirty years for the

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<v Speaker 1>La County Fire Department, you know, in the city of Westkovina.

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<v Speaker 2>Because almost six two sixer and I have vivid.

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<v Speaker 1>Memories of the different firemen, fire chiefs. I think I

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<v Speaker 1>talked about this in the La on Fire episode. Block

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<v Speaker 1>is literally Hot on the Hood politics show, which hopefully

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<v Speaker 1>you guys are supporting and listening to also.

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<v Speaker 2>But even my boy Chris.

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<v Speaker 1>Who's you know, firefighter, you know, been fighting the fires

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<v Speaker 1>out here. Everybody knew that one day this day would

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<v Speaker 1>come and that let's just say, all of the bureaucratic

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<v Speaker 1>failures had not happened. If the water was as full

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<v Speaker 1>as possible, the fire hydrants were fine, if everything was

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<v Speaker 1>the budget, if everything was done perfectly, this was going

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<v Speaker 1>to happen.

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<v Speaker 2>This day was going to come. That it's a perfect storm.

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<v Speaker 1>We were had a specific type of drought, lack of rain,

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<v Speaker 1>the Santa Ana winds, and then a fire sparking, and

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<v Speaker 1>that fire sparking in a densely populated urban area. It

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<v Speaker 1>was every fireman I knew was like, yeah, one day

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<v Speaker 1>it's gonna happen. And like I said in the last episode, yeah,

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<v Speaker 1>like you know, we could find ourselves a time machine

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<v Speaker 1>and practice the indigenous practices.

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<v Speaker 2>Oh.

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<v Speaker 1>Actually, as a small little beacon alike, there's an area

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<v Speaker 1>Alta Dina that was actually given back to the Tongla

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<v Speaker 1>tribe many years back. There was a first like actual

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<v Speaker 1>land back given back to the tribe and they started

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<v Speaker 1>taking care of the land the way that their elders

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<v Speaker 1>and ancestors did. And guess what, that area didn't burn

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<v Speaker 1>anyway in the midst of this disaster that we were

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<v Speaker 1>having a desperate, desperate man who I completely understand is desperation.

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<v Speaker 1>On Tuesday night on January seventh, while the fires were

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<v Speaker 1>just rumbling through the palisades, a man named Keith Posserman,

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<v Speaker 1>who's the co founder of a real estate investment firm,

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<v Speaker 1>desperately took to Twitter and said, does anyone have access

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<v Speaker 1>to private firefighters to protect our home? Need to act

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<v Speaker 1>fast here all neighbors houses burning, will pay any amount.

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<v Speaker 1>There was another click of Rick Caruso, who almost in

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<v Speaker 1>a multiverse situation, is our mayor, a billionaire developer who

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<v Speaker 1>owns the grove on the West Side. Just that if

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<v Speaker 1>you ever watched TMZ, whenever somebody's walking out of a place,

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<v Speaker 1>it's probably at the grove and was a you know,

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<v Speaker 1>real estate magnate. Anyway, there are videos of him driving

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<v Speaker 1>through an area that he had with his private security

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<v Speaker 1>and private firefighters where it's smoke billowing all around the place,

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<v Speaker 1>but his situation was fine. Why because he had private firefighters.

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<v Speaker 1>They shaved this shopping center, but he tried to unsuccessfully

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<v Speaker 1>save nearby homes as well, which reminded everybody about the

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<v Speaker 1>time that Kanye and Kim tweeted about their house being

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<v Speaker 1>saved by firefighters.

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<v Speaker 2>And which made people be like, wait a minute, you

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<v Speaker 2>can buy a fire department, man, What the hell is this?

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<v Speaker 2>What type of shit? Man? What we over here arguing

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<v Speaker 2>over firefidrants.

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<v Speaker 3>And tanks running low and somebody just paid them where

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<v Speaker 3>they get the water from? How the hell you can

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<v Speaker 3>just Oh my god, what the hell.

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<v Speaker 2>Water you using, nigga, that's not your water? And what

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<v Speaker 2>you gonna do? Are you gonna help out the neighbors?

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<v Speaker 1>Okay, so if I buy fire department five apartment, show

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<v Speaker 1>up from my house, but the neighbor's house is burned,

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<v Speaker 1>you just gonna leave a neighbors house, you gonna tell

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<v Speaker 1>them to.

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<v Speaker 3>Call the city's fire department. What the hell is happening?

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<v Speaker 3>How does this shit work? Is there any other way

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<v Speaker 3>rich people can be evil? What is happening right now?

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<v Speaker 1>Which is basically what happened and how most of the

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<v Speaker 1>regulars felt. So this episode is not just about private

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<v Speaker 1>fire departments, because that would not be a very interesting

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<v Speaker 1>full episode. It's about the question that private fire departments

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<v Speaker 1>bring up, which is like nigga, whose water is that?

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<v Speaker 2>Wait a minute, who owns the water? Is the water

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<v Speaker 2>private too?

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<v Speaker 1>And if the water's private too, what else of my

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<v Speaker 1>utilities are private? And this is what I mean by

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<v Speaker 1>there is nothing you can do about it.

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<v Speaker 2>Now.

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<v Speaker 1>If there is any of you that are built like

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<v Speaker 1>Robert and Magpie, then maybe you ain't gotta worry about this.

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<v Speaker 1>Maybe you could dig your own well and find the groundwater. However,

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<v Speaker 1>there are things called water land rights, which I will

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<v Speaker 1>talk about into this.

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<v Speaker 2>So even if.

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<v Speaker 1>You move off the grid to live on a mountain,

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<v Speaker 1>you find somewhere in the backwoods, you know fou Aca

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<v Speaker 1>is away from Magpie wherever the hell Magpie live, and

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<v Speaker 1>you dig to find some water, somebody owned that water.

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<v Speaker 1>It already happened here, y'all. Let's go all right, this

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<v Speaker 1>may or may not be a shock to y'all. I

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<v Speaker 1>know in the first the block is literally hot episode

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<v Speaker 1>I did way way, way way back when I first

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<v Speaker 1>joined when kuols On Media first launch, when I first

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<v Speaker 1>joined the team, my first episodes. It was one of

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<v Speaker 1>those things where it's like the thought has probably never

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<v Speaker 1>crossed your mind, and and some of it's like sitting

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<v Speaker 1>I'm talking to y'all who pay bills. Some of this

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<v Speaker 1>stuff is sitting right up under your nose, Like Southern California.

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<v Speaker 1>Edison is one of our power companies. But then there's

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<v Speaker 1>PG and E. This isn't the city of Los Angeles

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<v Speaker 1>providing this, That's a company. In the same way that

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<v Speaker 1>your internet from a company. What makes you think your

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<v Speaker 1>power don't come from a company. And if your power

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<v Speaker 1>come from a company and an internet come from a company,

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<v Speaker 1>why wouldn't your water come from a company? I like, well,

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<v Speaker 1>I don't know what would make you think that that's

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<v Speaker 1>just a city municipality? Well, because duh, because water fall

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<v Speaker 1>from the sky. What the shit? So what I'm paying

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<v Speaker 1>for you to pump it through the through the dog

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<v Speaker 1>on pipes. For me, I understand that that's a service,

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<v Speaker 1>But what the hell of my taxes for you somebody

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<v Speaker 1>like I don't know if you noticed, you can own

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<v Speaker 1>the rain. So the water that fell inside the lake,

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<v Speaker 1>somebody bought the lake. This is the episode that I'm

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<v Speaker 1>going to tell y'all. Right now, so your utilities, most

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<v Speaker 1>likely your city has sold your water and your sewage

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<v Speaker 1>processing to a private company. And the bills that you're

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<v Speaker 1>paying your water bill is not going to the city

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<v Speaker 1>for the service you are receiving. It is paying the

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<v Speaker 1>company back the money that the company paid your city.

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<v Speaker 2>To get this gig.

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<v Speaker 1>Let me back up here first, let me cover the

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<v Speaker 1>private fire departments. Now here's the thing. Private fire departments

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<v Speaker 1>usually are hired by insurance companies. So what they do

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<v Speaker 1>a lot of time is like prevention. They'll come in

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<v Speaker 1>here and you know, clear out shrub, make sure that

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<v Speaker 1>your house is not like set up for failure.

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<v Speaker 2>You know.

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<v Speaker 1>In California, I mean, people always talk about our strict

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<v Speaker 1>laws and building codes and it's like, well, nigga, do

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<v Speaker 1>you see why every time you got a bureaucratic law,

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<v Speaker 1>like there might be a historical evidence as to why

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<v Speaker 1>we need that, one of which is my nigga.

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<v Speaker 2>California ain't got a lot of water.

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<v Speaker 1>So if you gonna build a house, you can't just

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<v Speaker 1>have dry shrubbery up around your house. Why because you

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<v Speaker 1>just basically put a some matches just around your house.

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<v Speaker 1>So yes, bam, like that's why you can't do that.

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<v Speaker 2>Why you not allowed to have a lot of trash

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<v Speaker 2>in your house? Nigga?

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<v Speaker 1>What I mean, what the hell you think? Because this

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<v Speaker 1>shit'll catch on fire. So these private companies, private fire

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<v Speaker 1>companies usually come through and again they hire body insurance

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<v Speaker 1>companies normally to come and clear shrubbery, make sure that

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<v Speaker 1>your lint, your dryer is uh cleared out, make sure

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<v Speaker 1>your HVAC is good. And usually they got their own

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<v Speaker 1>little tank, right, So they come in with their own

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<v Speaker 1>little tank of water that's stay private water that basically

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<v Speaker 1>they bring in their bottle water.

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<v Speaker 2>You know what I'm saying. Why the rest of us

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<v Speaker 2>is using.

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<v Speaker 1>Tap right, But eventually that little tank go run out,

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<v Speaker 1>you feel me, And then at that point you got

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<v Speaker 1>to tap into the fire hydrant. Right now, What most

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<v Speaker 1>of these companies will say is like the guys were

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<v Speaker 1>not monsters, dude, Like, if the neighborhood is on fire,

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<v Speaker 1>of course we're going to help. What are you, like,

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<v Speaker 1>what are you talking about? Which I truly believe for

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<v Speaker 1>this reason. If I'm paying to protect this house, but

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<v Speaker 1>the neighbor's house is on fire, that probably means that

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<v Speaker 1>the neighbor's house is going to cause my house to

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<v Speaker 1>catch on fire. So of course it would be in

0:13:13.360 --> 0:13:16.960
<v Speaker 1>my best interest to help put that one out. According

0:13:17.000 --> 0:13:20.280
<v Speaker 1>to the New York Times, they reported that, yeah, good,

0:13:20.320 --> 0:13:23.280
<v Speaker 1>forty five percent of all firefighters working in the United

0:13:23.280 --> 0:13:28.200
<v Speaker 1>States today are employed privately. Right now, a lot of

0:13:28.200 --> 0:13:31.959
<v Speaker 1>those are like wildlife suppression. Now, there's such thing as

0:13:32.000 --> 0:13:35.199
<v Speaker 1>called the National Wildlife Suppression Association, which represents more than

0:13:35.200 --> 0:13:38.640
<v Speaker 1>like three hundred private firefighting groups, and a lot of

0:13:38.679 --> 0:13:43.720
<v Speaker 1>them work more as like government contractors, right, as far

0:13:43.760 --> 0:13:48.040
<v Speaker 1>as like again supplement for like wildfires, right and like

0:13:48.080 --> 0:13:52.920
<v Speaker 1>I said, the others are hired by private companies.

0:13:52.720 --> 0:13:53.320
<v Speaker 2>Yo, and peak.

0:13:53.400 --> 0:13:57.120
<v Speaker 1>This like a little two person private firefighting crew with

0:13:57.200 --> 0:13:59.560
<v Speaker 1>a small vehicle, I mean it could cost like three

0:13:59.559 --> 0:14:04.240
<v Speaker 1>granded day. Like a large crew of like twenty firefighters

0:14:04.480 --> 0:14:08.320
<v Speaker 1>and four trucks can run ten thousand dollars a day.

0:14:08.360 --> 0:14:11.600
<v Speaker 1>This is according to Brian Weelock, the vice president of

0:14:11.760 --> 0:14:15.960
<v Speaker 1>the Gray Back Forestry. It's a private firefighting company in Oregon.

0:14:16.160 --> 0:14:18.000
<v Speaker 1>But most of the time, like I said, these people

0:14:18.080 --> 0:14:22.120
<v Speaker 1>don't really work directly with homeowners. But that's not what's

0:14:22.320 --> 0:14:24.720
<v Speaker 1>the interesting part of this story to me. The interesting

0:14:24.760 --> 0:14:28.160
<v Speaker 1>part of this story to me is the reality of

0:14:29.000 --> 0:14:42.240
<v Speaker 1>the utilities that we live in. Now, let me go

0:14:42.240 --> 0:14:44.680
<v Speaker 1>ahead and run off some statistics to you. I just

0:14:44.680 --> 0:14:47.960
<v Speaker 1>want to go ahead and add to the dystopia that

0:14:48.000 --> 0:14:50.720
<v Speaker 1>we live in because we need to say, we need

0:14:50.760 --> 0:14:52.200
<v Speaker 1>to change the name of this show too.

0:14:52.280 --> 0:14:53.360
<v Speaker 2>It has happened here.

0:14:54.160 --> 0:14:58.920
<v Speaker 1>I'm gonna link all this data to.

0:14:57.320 --> 0:15:01.280
<v Speaker 2>The show notes. Now you're ready for this.

0:15:03.400 --> 0:15:07.840
<v Speaker 1>Water and wastewater service privatization follows broader trends. More than

0:15:08.120 --> 0:15:14.440
<v Speaker 1>forty percent of drinking water systems nationwide are private regulated

0:15:14.840 --> 0:15:18.480
<v Speaker 1>utility systems. Of the sixty percent of the systems owned

0:15:18.480 --> 0:15:22.680
<v Speaker 1>by local governments. Privatization by contracting of operations management has

0:15:22.720 --> 0:15:26.560
<v Speaker 1>grown rapidly since two thousand and one. Nationwide, the privatization

0:15:26.640 --> 0:15:30.640
<v Speaker 1>of water wastewater grew by thirteen percent after growing eighty

0:15:30.800 --> 0:15:33.120
<v Speaker 1>four percent over the decade.

0:15:33.200 --> 0:15:34.360
<v Speaker 2>In the nineteen nineties.

0:15:35.080 --> 0:15:38.520
<v Speaker 1>Right, So what that means is almost half of y'all

0:15:38.560 --> 0:15:42.320
<v Speaker 1>are paying a private company for your water. Now, let's

0:15:42.320 --> 0:15:46.520
<v Speaker 1>make some distinctions here between public utilities and private utilities,

0:15:46.800 --> 0:15:48.000
<v Speaker 1>and you.

0:15:47.960 --> 0:15:49.880
<v Speaker 2>Know what are we even talking about?

0:15:49.920 --> 0:15:53.440
<v Speaker 1>So public utilities are owned and operated by your local,

0:15:53.480 --> 0:15:56.360
<v Speaker 1>state and federal governments on behalf of the citizens and

0:15:56.440 --> 0:16:02.000
<v Speaker 1>customers in that area. So up, public utility would be

0:16:02.280 --> 0:16:06.640
<v Speaker 1>your municipal water, sewage, sanitation services, like if you have

0:16:06.680 --> 0:16:11.520
<v Speaker 1>a public electricity providers, government government ran public transit systems,

0:16:11.920 --> 0:16:18.240
<v Speaker 1>state owned telecommunication companies, public utilities right now, listen, here's

0:16:18.280 --> 0:16:21.440
<v Speaker 1>where it's interesting. Have to balance serving the public interest

0:16:21.560 --> 0:16:26.520
<v Speaker 1>while remaining financially sustainable since they are not profit driven.

0:16:27.160 --> 0:16:31.960
<v Speaker 1>Any revenue earned is invested back into maintaining the infrastructure

0:16:31.960 --> 0:16:35.720
<v Speaker 1>of the operations, which seems like a big old dug.

0:16:36.120 --> 0:16:40.080
<v Speaker 1>We're not here to make money. This is not our

0:16:40.160 --> 0:16:46.160
<v Speaker 1>money making interest. This is living, right, It's a utility. Like,

0:16:46.200 --> 0:16:48.360
<v Speaker 1>it's just I'm not trying to make money off it.

0:16:48.440 --> 0:16:51.520
<v Speaker 1>I'm trying to keep the lights on, right, But as

0:16:51.520 --> 0:16:54.840
<v Speaker 1>we know, it costs to do those things, so the

0:16:54.880 --> 0:16:58.640
<v Speaker 1>temptation becomes easy to be like, how do I offload

0:16:58.720 --> 0:17:03.000
<v Speaker 1>this cost right and make sure that this service is there, because,

0:17:03.040 --> 0:17:08.200
<v Speaker 1>as you know, oftentimes public utilities don't be very good.

0:17:08.800 --> 0:17:12.760
<v Speaker 1>You know what I'm saying. Flint still ain't got fresh

0:17:12.760 --> 0:17:16.919
<v Speaker 1>water right now. Altadena is in a situation where they

0:17:17.040 --> 0:17:19.520
<v Speaker 1>was like, look, don't even boil the water, like whatever

0:17:19.600 --> 0:17:23.679
<v Speaker 1>coming out of your tap is just not good.

0:17:24.040 --> 0:17:27.280
<v Speaker 2>Boiling is not good enough. Like, do not drink this water?

0:17:28.040 --> 0:17:31.159
<v Speaker 1>Right is the situation that they in and it's like,

0:17:31.400 --> 0:17:33.800
<v Speaker 1>we're where the money at, Like, how are we going

0:17:33.840 --> 0:17:34.359
<v Speaker 1>to fix this?

0:17:34.960 --> 0:17:36.399
<v Speaker 2>Now? That's a public utility.

0:17:36.440 --> 0:17:42.000
<v Speaker 1>Now, private utility is utilities obviously owned and operated by

0:17:42.040 --> 0:17:48.080
<v Speaker 1>private companies. So that would be an investored owned electricity

0:17:48.119 --> 0:17:53.120
<v Speaker 1>company like a private telecommunication, private owned oil gas and pipelines,

0:17:53.160 --> 0:17:57.320
<v Speaker 1>and private owned waste management companies. Now, their goal, because

0:17:57.320 --> 0:17:59.760
<v Speaker 1>it's a company, is still to make profit for their

0:17:59.720 --> 0:18:05.440
<v Speaker 1>shaitareholders while also delivering reliable service. Now, they argument their

0:18:05.480 --> 0:18:08.520
<v Speaker 1>defense would be, if we don't give you a good product,

0:18:09.440 --> 0:18:12.800
<v Speaker 1>we won't have customers. So it is in our best

0:18:12.800 --> 0:18:17.040
<v Speaker 1>interests for our own money to give you a best service. However,

0:18:17.119 --> 0:18:20.120
<v Speaker 1>are you seeing the truck size hole in their logic?

0:18:20.680 --> 0:18:22.200
<v Speaker 2>Nigga, we don't have a choice.

0:18:22.880 --> 0:18:25.320
<v Speaker 1>Do you have a choice as to what water company

0:18:25.359 --> 0:18:28.160
<v Speaker 1>provides the water to your house? Who go run the sewer?

0:18:28.160 --> 0:18:32.080
<v Speaker 1>I don't have an option anyway. So the key differences

0:18:32.119 --> 0:18:33.040
<v Speaker 1>are very obvious.

0:18:33.200 --> 0:18:36.000
<v Speaker 2>Right. One is the ownership and motives.

0:18:36.040 --> 0:18:39.760
<v Speaker 1>Like publicly owned utilities serve the public interests rather than

0:18:39.800 --> 0:18:43.800
<v Speaker 1>pursue profits. Right, private owned utilities are there for their

0:18:43.800 --> 0:18:45.520
<v Speaker 1>investors in the maximize returns.

0:18:45.720 --> 0:18:46.760
<v Speaker 2>Regulation and pricing.

0:18:46.800 --> 0:18:50.359
<v Speaker 1>Public utilities are regulated by the government apported commissions that

0:18:50.520 --> 0:18:55.880
<v Speaker 1>oversee pricing. Private utilities are also regulated, but usually more

0:18:55.960 --> 0:18:59.119
<v Speaker 1>flexible in their rate setting, because what the hell you

0:18:59.240 --> 0:19:02.080
<v Speaker 1>gonna do? Get you a called a water company, be like,

0:19:02.119 --> 0:19:03.800
<v Speaker 1>I ain't paying this bill. They gonna be like, ool,

0:19:03.840 --> 0:19:07.920
<v Speaker 1>no problem. Service areas most publics utility service customers are

0:19:07.920 --> 0:19:12.640
<v Speaker 1>within municipal boundaries. Investor owned utilities often are defined by

0:19:13.119 --> 0:19:17.760
<v Speaker 1>regional monopolies with little overlap or competition with customers. Listen,

0:19:18.520 --> 0:19:22.840
<v Speaker 1>if you ever moved into an apartment and you was like, y'all,

0:19:22.880 --> 0:19:26.800
<v Speaker 1>I'm trying to, like, you know, install cable, and they

0:19:26.920 --> 0:19:29.640
<v Speaker 1>was like, or your Internet. It was like, oh, it's

0:19:29.680 --> 0:19:31.240
<v Speaker 1>at and t over here. I was like, oh, but

0:19:31.280 --> 0:19:33.840
<v Speaker 1>I have spectrum. They're like Spectrum don't serve this area.

0:19:34.000 --> 0:19:34.320
<v Speaker 2>Nigga.

0:19:34.359 --> 0:19:38.800
<v Speaker 1>It's the Internet, it's the air, it's wires, this polls

0:19:39.440 --> 0:19:42.800
<v Speaker 1>I'm not allowed to. U can't come over here because

0:19:42.840 --> 0:19:46.440
<v Speaker 1>it's a private company. Now I'm in a situation where

0:19:46.960 --> 0:19:48.800
<v Speaker 1>AT and T knock on my door every day and

0:19:48.840 --> 0:19:51.720
<v Speaker 1>being like, yo, we laying fiber optics. You know we

0:19:51.440 --> 0:19:53.560
<v Speaker 1>lay we laying new pipes down here, up under you,

0:19:53.920 --> 0:19:54.720
<v Speaker 1>up under your street.

0:19:54.760 --> 0:19:56.359
<v Speaker 2>We can move faster than Spectrum.

0:19:56.640 --> 0:19:59.240
<v Speaker 1>I done ditch them both, and then Spectrum still email

0:19:59.320 --> 0:20:01.159
<v Speaker 1>me every day s Bectrum sent somebody was like, we

0:20:01.200 --> 0:20:03.240
<v Speaker 1>heard you left Spectrum. We're trying to figure out why.

0:20:03.560 --> 0:20:06.200
<v Speaker 1>I'm like nigga because I don't want to use either

0:20:06.280 --> 0:20:10.159
<v Speaker 1>of y'all, but we're the area you serve. When I

0:20:10.160 --> 0:20:13.000
<v Speaker 1>first moved into the house that I'm in now, like

0:20:13.680 --> 0:20:19.639
<v Speaker 1>I made an account on Edison and they were like, oh, nigga,

0:20:19.840 --> 0:20:23.000
<v Speaker 1>Edison don't serve here. You had SoCal Gas And I

0:20:23.080 --> 0:20:26.160
<v Speaker 1>was like, who the hell is so cal Gas? They

0:20:26.240 --> 0:20:29.240
<v Speaker 1>was like that's who's who else gonna give me the gap?

0:20:29.320 --> 0:20:31.800
<v Speaker 2>I don't have no options. Oh, I got to live

0:20:31.800 --> 0:20:32.200
<v Speaker 2>in LA.

0:20:32.960 --> 0:20:37.840
<v Speaker 1>This is who serves LA infrastructure spending with public utilities,

0:20:38.280 --> 0:20:40.840
<v Speaker 1>they might find it easier to raise funds for long

0:20:40.920 --> 0:20:46.040
<v Speaker 1>term capital projects and maintain infrastructure proactively, while privately owned

0:20:46.040 --> 0:20:51.360
<v Speaker 1>businesses and utilities answered to shareholders seeking returns, which impact

0:20:51.480 --> 0:20:56.680
<v Speaker 1>investment decisions. Meaning, if I'm like, Yo, somebody gotta clean

0:20:56.760 --> 0:21:01.160
<v Speaker 1>this sewer pipe because this water ain't good in this neighborhood,

0:21:01.400 --> 0:21:03.600
<v Speaker 1>it would be whove the City of Los Angeles to

0:21:03.640 --> 0:21:05.639
<v Speaker 1>fix this, and it would be easy for them because

0:21:05.680 --> 0:21:08.680
<v Speaker 1>I am a Los Angeles resident. This is a public utility.

0:21:08.840 --> 0:21:11.520
<v Speaker 1>If I have private water, they might be like, oh,

0:21:13.280 --> 0:21:13.800
<v Speaker 1>how much.

0:21:13.680 --> 0:21:15.400
<v Speaker 2>Money that's that neighborhood give us?

0:21:15.680 --> 0:21:17.320
<v Speaker 1>You know, if we fix the water up there in

0:21:17.960 --> 0:21:20.639
<v Speaker 1>Palace verd aids you know what I'm saying, Like, we

0:21:20.680 --> 0:21:22.360
<v Speaker 1>got to talk to them because they know, I mean,

0:21:22.400 --> 0:21:24.679
<v Speaker 1>they kind of give us the breads, so they're not

0:21:24.720 --> 0:21:27.560
<v Speaker 1>incentivized necessarily to fix my infrastructure.

0:21:27.640 --> 0:21:30.520
<v Speaker 2>Right, and then the customer service focus right.

0:21:30.760 --> 0:21:34.640
<v Speaker 1>Public utilities often focus more on customer satisfaction and addressing

0:21:34.680 --> 0:21:39.520
<v Speaker 1>community complaints, while private entities have profit motives. I mean,

0:21:39.680 --> 0:21:44.520
<v Speaker 1>I don't know what else I need to explain to y'all. Right, now,

0:21:44.840 --> 0:21:47.520
<v Speaker 1>let me show you how this works and what the

0:21:48.320 --> 0:21:53.440
<v Speaker 1>allure is for a public city council to make this decision.

0:21:53.760 --> 0:21:56.840
<v Speaker 1>Are y'all here to more perfect union? It's another one

0:21:56.840 --> 0:22:00.760
<v Speaker 1>of those podcast folks that just got more money than us.

0:22:01.000 --> 0:22:03.720
<v Speaker 1>They able to produce things that we had bread, We

0:22:03.720 --> 0:22:07.359
<v Speaker 1>would produce it anyway. They did one about investor own

0:22:07.720 --> 0:22:13.080
<v Speaker 1>water companies and how they lobby to give them the

0:22:13.160 --> 0:22:15.399
<v Speaker 1>contract to run their sewage and water, right.

0:22:15.720 --> 0:22:17.960
<v Speaker 2>And it's a super dope stuff. It's a super dope study.

0:22:18.000 --> 0:22:20.760
<v Speaker 1>It's a good, like focused study to show like as

0:22:21.119 --> 0:22:24.120
<v Speaker 1>sort of an example of how it can happen anywhere.

0:22:24.119 --> 0:22:29.720
<v Speaker 1>And they focused this one study on this city in Pennsylvania, right.

0:22:30.240 --> 0:22:33.239
<v Speaker 1>And here's the ill part about all of this is

0:22:33.240 --> 0:22:35.240
<v Speaker 1>that how would you know this is happening?

0:22:35.560 --> 0:22:37.760
<v Speaker 2>I mean, are you really looking at the logo on

0:22:37.800 --> 0:22:39.600
<v Speaker 2>your water bill? I mean.

0:22:41.080 --> 0:22:44.400
<v Speaker 1>No, you just like looking at the costs, right and

0:22:44.440 --> 0:22:48.000
<v Speaker 1>hoping that it don't be that much. Now again, if

0:22:48.040 --> 0:22:50.000
<v Speaker 1>you've written it, if you're rent in an apartment, I

0:22:50.000 --> 0:22:51.720
<v Speaker 1>don't know what utilities you gotta cover.

0:22:51.840 --> 0:22:53.480
<v Speaker 2>Right, Let's say you are written in an apartment.

0:22:53.520 --> 0:22:54.720
<v Speaker 1>You know what I'm saying, Like a lot of times,

0:22:54.760 --> 0:22:57.560
<v Speaker 1>Joe utilities, It's like it's like they cover water and gas,

0:22:57.560 --> 0:22:59.960
<v Speaker 1>you cover electricity and internet and then whatever it is.

0:23:00.680 --> 0:23:03.320
<v Speaker 1>I'm not thinking about who the company is. I'm just

0:23:03.440 --> 0:23:07.200
<v Speaker 1>like paying the bill. But if one day your bill triple,

0:23:07.880 --> 0:23:10.439
<v Speaker 1>I mean, who do you call you like, I haven't

0:23:10.640 --> 0:23:14.760
<v Speaker 1>used more water. I don't understand why it costs more.

0:23:14.840 --> 0:23:17.439
<v Speaker 1>Now you might call the city the city like, oh,

0:23:17.480 --> 0:23:18.760
<v Speaker 1>we don't even run the water no more.

0:23:19.359 --> 0:23:20.679
<v Speaker 2>And that's exactly what happened.

0:23:20.720 --> 0:23:24.359
<v Speaker 1>So in twenty twenty in New Garden, Pennsylvania, they sold

0:23:24.400 --> 0:23:29.399
<v Speaker 1>their water to get this, I go up Pennsylvania Jerks,

0:23:29.880 --> 0:23:35.439
<v Speaker 1>a subsidiary of Essential Utilities, they sold their water for

0:23:35.560 --> 0:23:38.879
<v Speaker 1>thirty million dollars. And just for you to get a

0:23:39.000 --> 0:23:41.399
<v Speaker 1>grasp on how much money can be made by doing this.

0:23:41.440 --> 0:23:44.320
<v Speaker 1>If you a company, that company made two point zero

0:23:44.480 --> 0:23:47.760
<v Speaker 1>five billion dollars in twenty twenty three. And essentially, if

0:23:47.760 --> 0:23:50.280
<v Speaker 1>you the city, the city runs up, you are you

0:23:50.320 --> 0:23:52.400
<v Speaker 1>having all kinds of problems. You got people not paying

0:23:52.440 --> 0:23:54.560
<v Speaker 1>bills on time, you got all these different you know,

0:23:54.640 --> 0:23:56.240
<v Speaker 1>all this stuff, you got to hire the worker, you

0:23:56.240 --> 0:23:59.120
<v Speaker 1>got to do all this stuff. And this company runs

0:23:59.200 --> 0:24:02.000
<v Speaker 1>up and was like, yo, we'll take all this off

0:24:02.000 --> 0:24:02.440
<v Speaker 1>your hands.

0:24:02.440 --> 0:24:04.320
<v Speaker 2>Not only will we take it off your hands. We'll

0:24:04.320 --> 0:24:04.919
<v Speaker 2>pay you for it.

0:24:05.320 --> 0:24:08.080
<v Speaker 1>So to the city and they saying, look, I do

0:24:08.119 --> 0:24:10.000
<v Speaker 1>a better job than y'all do. Why because this is

0:24:10.000 --> 0:24:11.879
<v Speaker 1>all we do. You got all this other stuff you

0:24:11.880 --> 0:24:13.600
<v Speaker 1>got to take care. We gonna only take care of

0:24:13.600 --> 0:24:16.119
<v Speaker 1>the water. Look, we'll give you thirty million dollars for it.

0:24:16.840 --> 0:24:19.679
<v Speaker 2>That's free money. And you ain't got to worry about it.

0:24:19.720 --> 0:24:22.040
<v Speaker 1>All you gotta do when people call complaining about they

0:24:22.080 --> 0:24:24.920
<v Speaker 1>water is just say please hold and transfer it to us.

0:24:25.000 --> 0:24:27.199
<v Speaker 1>You ain't got nothing to worry about it. And the

0:24:27.240 --> 0:24:30.800
<v Speaker 1>city say, okay, that sounds good. Now are you going

0:24:31.520 --> 0:24:34.520
<v Speaker 1>you're gonna change your prices? It's like, why would we

0:24:34.600 --> 0:24:36.880
<v Speaker 1>change our prices. We won't need to change our price.

0:24:36.960 --> 0:24:39.080
<v Speaker 1>Matter of fact, we can probably charge less because we

0:24:39.080 --> 0:24:41.680
<v Speaker 1>ain't got the same things y'all got, well, at least

0:24:41.680 --> 0:24:44.160
<v Speaker 1>for the first few years. Kind Of like the phone

0:24:44.200 --> 0:24:46.000
<v Speaker 1>bill when they're like, oh, you sign up for this

0:24:46.080 --> 0:24:48.159
<v Speaker 1>much money a month for the first three months, or

0:24:48.240 --> 0:24:51.040
<v Speaker 1>your cable for the first first two years, and then

0:24:51.240 --> 0:24:53.359
<v Speaker 1>one day your cable bill come in and it's just

0:24:53.480 --> 0:24:55.760
<v Speaker 1>psycho and you like, I don't know why the hell

0:24:55.840 --> 0:24:58.080
<v Speaker 1>this costs so much more, And they're like oh yeah,

0:24:58.119 --> 0:25:00.440
<v Speaker 1>the contract was for this long and then after that

0:25:01.000 --> 0:25:03.800
<v Speaker 1>it went back to regular price. That's essentially what's happening.

0:25:03.880 --> 0:25:05.680
<v Speaker 1>That's why I was like, if your water bill go crazy,

0:25:05.680 --> 0:25:07.280
<v Speaker 1>who you're gonna call? Like what you're gonna say?

0:25:07.320 --> 0:25:08.800
<v Speaker 2>Like? Uh?

0:25:08.960 --> 0:25:10.800
<v Speaker 1>They could just be like, yeah, it just costs more now.

0:25:11.720 --> 0:25:13.800
<v Speaker 1>So for the city, the city is like, look, it's

0:25:13.800 --> 0:25:16.879
<v Speaker 1>free money. We could put this money into other stuff

0:25:16.880 --> 0:25:19.320
<v Speaker 1>we've been trying to work on, and y'all gonna get

0:25:19.520 --> 0:25:22.359
<v Speaker 1>a better situation. And again, no one looks at the

0:25:22.400 --> 0:25:27.199
<v Speaker 1>logo on their bill. So the utilities industries, right a

0:25:27.240 --> 0:25:30.399
<v Speaker 1>few years ago, I think in twenty sixteen, got this

0:25:30.600 --> 0:25:33.360
<v Speaker 1>law passed that made cities want to sell it. It's

0:25:33.359 --> 0:25:36.639
<v Speaker 1>called the fair Market Value laws. One example is in

0:25:36.680 --> 0:25:39.920
<v Speaker 1>Pennsylvania was Act twelve, which was in twenty sixteen.

0:25:40.440 --> 0:25:44.399
<v Speaker 2>And the concern is cities feel like they.

0:25:44.280 --> 0:25:48.399
<v Speaker 1>Can't keep up with dunt dunt dun environmental laws and

0:25:49.080 --> 0:25:52.280
<v Speaker 1>keep up with city growth. Cities are growing so fast,

0:25:52.760 --> 0:25:56.040
<v Speaker 1>so many people are moving in. We're destroying the earth

0:25:56.119 --> 0:26:02.280
<v Speaker 1>at a particular exponential rate, and the government wants us

0:26:02.320 --> 0:26:04.359
<v Speaker 1>to not destroy the planet.

0:26:05.000 --> 0:26:07.520
<v Speaker 2>Ho home, So I got all.

0:26:07.440 --> 0:26:09.920
<v Speaker 1>These laws I got, he just you know, he is

0:26:09.960 --> 0:26:11.000
<v Speaker 1>a hat of the money for it.

0:26:11.640 --> 0:26:14.760
<v Speaker 2>He is out of the money for it at the time.

0:26:16.600 --> 0:26:21.080
<v Speaker 1>So when you're evaluating how much this utility would be worth,

0:26:21.359 --> 0:26:25.199
<v Speaker 1>you can include, because of Act twelve in Pennsylvania, the

0:26:25.280 --> 0:26:30.640
<v Speaker 1>median income, the expected repairs and future revenue, which means

0:26:30.760 --> 0:26:36.600
<v Speaker 1>it makes that water worth way much more. Right, And

0:26:36.720 --> 0:26:39.080
<v Speaker 1>a lot of times when you selling this, when you

0:26:39.240 --> 0:26:43.879
<v Speaker 1>selling this disutility, the price tag what these people be

0:26:44.000 --> 0:26:49.720
<v Speaker 1>paying you be six times the city's budget.

0:26:49.920 --> 0:26:52.760
<v Speaker 2>So think about this. I'm just trying to make this

0:26:52.840 --> 0:26:53.480
<v Speaker 2>real for you.

0:26:54.240 --> 0:26:57.360
<v Speaker 1>Let's just say somebody comes in and says I'll buy

0:26:57.440 --> 0:26:58.560
<v Speaker 1>your car.

0:26:59.080 --> 0:27:00.520
<v Speaker 2>You say, word for how much?

0:27:01.880 --> 0:27:04.920
<v Speaker 1>And they say, I tell you what, I'll pay you

0:27:04.920 --> 0:27:09.720
<v Speaker 1>your year's salary for this car. The fam you gonna add,

0:27:10.160 --> 0:27:11.879
<v Speaker 1>I add another car in there for that. You know

0:27:11.920 --> 0:27:15.919
<v Speaker 1>what I'm saying? Hey, you know, throwing another six months

0:27:16.000 --> 0:27:17.760
<v Speaker 1>for the stalary, I'll make you some dinner.

0:27:17.880 --> 0:27:20.199
<v Speaker 2>Like it's it's kind of a no brainer. You like,

0:27:20.320 --> 0:27:27.640
<v Speaker 2>you our entire year's budget just for the water? No brainer?

0:27:28.800 --> 0:27:34.119
<v Speaker 2>But who pays the company? Nigga?

0:27:34.160 --> 0:27:38.280
<v Speaker 1>You you paying the company? What do I mean by that?

0:27:38.320 --> 0:27:40.720
<v Speaker 1>The company cuts cuts the city at check? Now the

0:27:40.720 --> 0:27:42.600
<v Speaker 1>company gotta make their money back. How they make their

0:27:42.640 --> 0:27:46.159
<v Speaker 1>money back? Nigga, your bills? What did you like? What

0:27:46.280 --> 0:27:48.680
<v Speaker 1>is you saying? Of course they gonna make their money

0:27:48.680 --> 0:27:53.680
<v Speaker 1>back now again, they're incentivized to make that money back

0:27:53.720 --> 0:27:56.159
<v Speaker 1>as fast as possible, which means they're not gonna spend

0:27:56.200 --> 0:27:58.320
<v Speaker 1>more than they added. Already spent thirty million dollars to

0:27:58.359 --> 0:28:01.560
<v Speaker 1>get the thing. But then they'll promise to like fix

0:28:01.640 --> 0:28:05.840
<v Speaker 1>their systems, their promise like you sold the city saying

0:28:06.080 --> 0:28:08.280
<v Speaker 1>I'm gonna be able to spend some time to upgrade

0:28:08.320 --> 0:28:09.800
<v Speaker 1>and do all this difference. And they don't have an

0:28:09.840 --> 0:28:12.959
<v Speaker 1>upgrade nothing, because it's kind of a no brainer.

0:28:13.080 --> 0:28:14.560
<v Speaker 2>This is easy money to them.

0:28:15.080 --> 0:28:18.320
<v Speaker 1>In Philly, there's this area called the Chester Water Authority

0:28:18.440 --> 0:28:22.000
<v Speaker 1>that went straight up bankrupt, so like the city's water

0:28:22.000 --> 0:28:23.919
<v Speaker 1>authority just went bankrupt. So they was like, yo, we

0:28:23.960 --> 0:28:26.560
<v Speaker 1>gotta sell it. They got offered four hundred and ten

0:28:26.640 --> 0:28:31.760
<v Speaker 1>million dollars. Well the city did, and the city says, nigga,

0:28:31.840 --> 0:28:34.760
<v Speaker 1>Chester Water Authority, you ain't got the right to sell

0:28:35.320 --> 0:28:37.240
<v Speaker 1>because you are not a company.

0:28:37.320 --> 0:28:40.000
<v Speaker 2>You are part of the City of Philadelphia.

0:28:40.840 --> 0:28:44.000
<v Speaker 3>Chester Water Authority is like, my jig, I mean, what

0:28:44.040 --> 0:28:45.200
<v Speaker 3>the hell you want us to do?

0:28:46.200 --> 0:28:48.640
<v Speaker 1>How does this stuff become legal? Well, like the same

0:28:48.680 --> 0:28:51.160
<v Speaker 1>way any others dick come legal. They just you lobby

0:28:51.200 --> 0:28:54.040
<v Speaker 1>candidates all the time. And the only way to stop

0:28:54.080 --> 0:28:56.800
<v Speaker 1>this is you got to sign up to some sort

0:28:56.800 --> 0:28:59.480
<v Speaker 1>of city council news led us something to be able

0:28:59.480 --> 0:29:00.960
<v Speaker 1>to walk up in there and.

0:29:02.440 --> 0:29:04.960
<v Speaker 2>Protest the shit. Nigga, good luck.

0:29:05.720 --> 0:29:19.200
<v Speaker 1>Now let's talk about specifically California. All right, I bring

0:29:19.280 --> 0:29:22.640
<v Speaker 1>up specifically California because of all this stuff about the fire,

0:29:22.720 --> 0:29:28.200
<v Speaker 1>hydrants and water issues that we had recently. Remember that

0:29:28.800 --> 0:29:32.560
<v Speaker 1>the water that water's Los Angeles comes from the north right,

0:29:32.680 --> 0:29:37.920
<v Speaker 1>It comes from right up under Sacramento through the California

0:29:38.000 --> 0:29:41.760
<v Speaker 1>Aqueduct that was put together by this man named maulhulland.

0:29:41.400 --> 0:29:43.560
<v Speaker 2>So the mulhulland passed mulhulland drive.

0:29:43.720 --> 0:29:46.680
<v Speaker 1>That was all based on this man that made Los

0:29:46.720 --> 0:29:51.400
<v Speaker 1>Angeles be possible because he just went up there just

0:29:51.440 --> 0:29:54.160
<v Speaker 1>like any other colonizing, was like I buy your water,

0:29:56.280 --> 0:29:58.080
<v Speaker 1>and they was like water ain't for sale.

0:29:58.120 --> 0:30:00.840
<v Speaker 2>He was like, yeah it is, and went over their

0:30:00.880 --> 0:30:01.800
<v Speaker 2>heads and bought the water.

0:30:02.040 --> 0:30:04.840
<v Speaker 1>Built a whole basically like when you was a kid

0:30:04.840 --> 0:30:07.680
<v Speaker 1>at the beach and you dig a little thing in

0:30:07.760 --> 0:30:10.040
<v Speaker 1>the sand to make the water go a certain way.

0:30:10.080 --> 0:30:12.240
<v Speaker 1>That's basically what he did through the middle of California

0:30:12.320 --> 0:30:15.200
<v Speaker 1>to bring water to Los Angeles. Now, Los Angeles did

0:30:15.240 --> 0:30:18.040
<v Speaker 1>have one river. That was the San Gabril River that

0:30:18.120 --> 0:30:20.800
<v Speaker 1>starts in the top of the San Gabriel Foothills and

0:30:21.480 --> 0:30:24.320
<v Speaker 1>comes into what we call the La River, which is paved,

0:30:24.440 --> 0:30:27.280
<v Speaker 1>which there is a movement to unpave that because that

0:30:27.320 --> 0:30:29.560
<v Speaker 1>would probably help us with a lot of climate issues.

0:30:29.600 --> 0:30:33.000
<v Speaker 1>But either way, that was an actual river. It was

0:30:33.200 --> 0:30:35.360
<v Speaker 1>enough to support the native tribes here because it wasn't

0:30:35.400 --> 0:30:37.480
<v Speaker 1>that many people here, and they had sense enough to

0:30:37.520 --> 0:30:41.000
<v Speaker 1>not plant plants that need the water that they ain't got.

0:30:41.320 --> 0:30:43.000
<v Speaker 1>They wasn't trying to build a city in the area.

0:30:43.040 --> 0:30:45.000
<v Speaker 1>They ain't supposed to be a city. Nigga, Have you

0:30:45.040 --> 0:30:47.720
<v Speaker 1>ever been to Las Vegas. There should not be a

0:30:47.760 --> 0:30:51.240
<v Speaker 1>city there. Y'all ever been to the Inland Empire? There

0:30:51.240 --> 0:30:54.000
<v Speaker 1>should not be that many humans there, according to the Earth,

0:30:54.120 --> 0:30:56.280
<v Speaker 1>unless you pump water over there.

0:30:57.440 --> 0:30:58.520
<v Speaker 2>The natives were fine.

0:30:59.240 --> 0:31:02.200
<v Speaker 3>The indigenous communities figured out how to live in the

0:31:02.240 --> 0:31:04.040
<v Speaker 3>shit for thousands of years.

0:31:04.560 --> 0:31:08.920
<v Speaker 2>But uh, you know, we had to do our thing. Now,

0:31:09.400 --> 0:31:10.280
<v Speaker 2>some vocabulary.

0:31:10.320 --> 0:31:13.120
<v Speaker 1>California got a thing called senior water rights, which means

0:31:13.120 --> 0:31:16.440
<v Speaker 1>whoever got there first gets the water, Like basically, it's

0:31:16.480 --> 0:31:20.120
<v Speaker 1>my land, I licted right. But they only got them

0:31:20.200 --> 0:31:22.040
<v Speaker 1>rights when it started from the gold Rush. So they

0:31:22.120 --> 0:31:24.480
<v Speaker 1>was like, well, who was there first? Was this white man?

0:31:24.560 --> 0:31:27.280
<v Speaker 1>Not the people that already lived there, but these white men.

0:31:27.360 --> 0:31:30.280
<v Speaker 1>So if you happen to have a farm, you know

0:31:30.440 --> 0:31:33.680
<v Speaker 1>up near North Fresno, if your family been there longer

0:31:33.720 --> 0:31:37.200
<v Speaker 1>than somebody else's family, then that water is yours, right,

0:31:37.400 --> 0:31:41.320
<v Speaker 1>that's senior water rights. And then there's junior water rights,

0:31:41.320 --> 0:31:43.800
<v Speaker 1>which is like the second person. So whatever water you

0:31:43.880 --> 0:31:47.600
<v Speaker 1>don't use, they get to use right now. Why that

0:31:47.680 --> 0:31:51.920
<v Speaker 1>is specifically important for California, especially the Central Valley, is

0:31:51.960 --> 0:31:55.200
<v Speaker 1>because Cali provides everybody's produce.

0:31:55.600 --> 0:31:57.000
<v Speaker 2>I mean, for the rest of the country.

0:31:57.360 --> 0:32:01.320
<v Speaker 1>The vast majority of the fruits, vegetab nuts, and lagoons

0:32:01.360 --> 0:32:02.920
<v Speaker 1>that you eat come from California.

0:32:03.400 --> 0:32:04.480
<v Speaker 2>We gotta have water.

0:32:04.920 --> 0:32:07.520
<v Speaker 3>It would be hoof of rest of America to make

0:32:07.560 --> 0:32:08.760
<v Speaker 3>sure that Calli got water.

0:32:09.520 --> 0:32:10.520
<v Speaker 2>So those are water rights.

0:32:10.560 --> 0:32:15.280
<v Speaker 1>Now the water that gets pumped down into our fire hydrants.

0:32:16.400 --> 0:32:18.959
<v Speaker 1>Here's the situation, like that had to do a water pressure.

0:32:19.000 --> 0:32:21.520
<v Speaker 1>Now you could refer to the block is literally hot

0:32:21.560 --> 0:32:23.840
<v Speaker 1>episode where I go into detail as to what happened

0:32:23.840 --> 0:32:24.080
<v Speaker 1>with that.

0:32:24.680 --> 0:32:26.400
<v Speaker 2>But there was this whole thing.

0:32:26.240 --> 0:32:31.720
<v Speaker 1>About the water being owned by some billionaires. Now I

0:32:31.760 --> 0:32:34.400
<v Speaker 1>would love to run with that one, but the fact is,

0:32:34.480 --> 0:32:35.360
<v Speaker 1>that's just not true.

0:32:35.440 --> 0:32:37.680
<v Speaker 2>It's not that simple. Let me go ahead in fact

0:32:37.760 --> 0:32:38.080
<v Speaker 2>check that.

0:32:38.760 --> 0:32:42.280
<v Speaker 1>So the wonderful code which is who they were talking about,

0:32:42.400 --> 0:32:45.800
<v Speaker 1>it's Steward and Linda Resnik. They do have a majority

0:32:45.840 --> 0:32:50.320
<v Speaker 1>steak in a water bank that can store up to

0:32:50.440 --> 0:32:54.760
<v Speaker 1>one point five million acres, right, which is close to

0:32:54.800 --> 0:32:58.080
<v Speaker 1>five hundred billion gallons of water. But the realness is

0:32:58.120 --> 0:33:03.800
<v Speaker 1>that's like a tiny fraction of the water capacity of California.

0:33:03.920 --> 0:33:07.280
<v Speaker 1>California's groundwater basins combined can hold more than five hundred

0:33:07.320 --> 0:33:10.440
<v Speaker 1>and sixty six times as much water, with a storage

0:33:10.440 --> 0:33:14.040
<v Speaker 1>capacity of eight hundred and fifty million to one point

0:33:14.080 --> 0:33:18.680
<v Speaker 1>three billion acres of feet across the California Department of

0:33:18.760 --> 0:33:23.560
<v Speaker 1>Water Sources. The state's surface resources hold more than forty

0:33:23.640 --> 0:33:28.960
<v Speaker 1>million acres on top of that, So there's two types

0:33:29.000 --> 0:33:29.440
<v Speaker 1>of water here.

0:33:29.440 --> 0:33:30.920
<v Speaker 2>There's surface water and there's groundwater.

0:33:30.960 --> 0:33:33.280
<v Speaker 1>Groundwater obviously that's stuff that you would dig in for

0:33:33.320 --> 0:33:37.160
<v Speaker 1>a well, that's a whole other thing, right now, it

0:33:37.240 --> 0:33:42.120
<v Speaker 1>is true this family owns brands is like wonderful pistachios,

0:33:42.200 --> 0:33:48.000
<v Speaker 1>Fiji water wonderful, land halos wonderful halos, and palm wonderful.

0:33:48.640 --> 0:33:50.840
<v Speaker 1>And that's a you know, I don't know if you're

0:33:50.840 --> 0:33:53.760
<v Speaker 1>in a pomegranate juice, but if that's your thing. But anyway,

0:33:54.040 --> 0:33:57.120
<v Speaker 1>let me quote from politiffect. The water the residents use

0:33:57.760 --> 0:34:00.680
<v Speaker 1>get stored underground initially before or the water that is

0:34:00.720 --> 0:34:04.920
<v Speaker 1>delivered to the roots of Resinic's pistachios, almonds, pomegranate courts

0:34:05.240 --> 0:34:09.640
<v Speaker 1>specifically is stored in the Kerrent Water Bank that is

0:34:09.680 --> 0:34:13.040
<v Speaker 1>the most valuable water resource in the region and critical

0:34:13.040 --> 0:34:16.239
<v Speaker 1>to America's fresh flood supplies. The water bank which is

0:34:16.680 --> 0:34:20.759
<v Speaker 1>watch This the bank itself a public private partnership with

0:34:20.800 --> 0:34:24.160
<v Speaker 1>the Resnic's owned fifty seven percent of the steak is

0:34:24.280 --> 0:34:29.120
<v Speaker 1>thirty two square mile recharge basin, which looks like floodlands

0:34:29.440 --> 0:34:33.120
<v Speaker 1>from the street that essentially stores again the one point

0:34:33.160 --> 0:34:35.880
<v Speaker 1>five million acre feet of water five hundred billion gallons.

0:34:36.000 --> 0:34:41.200
<v Speaker 1>Thes storage arrangement is very controversial, right They've been banking

0:34:41.239 --> 0:34:44.880
<v Speaker 1>on the water by using public and private dollars to

0:34:45.000 --> 0:34:48.920
<v Speaker 1>corral public resource. Because of their water rights and their wealth,

0:34:49.840 --> 0:34:54.360
<v Speaker 1>they are insulating themselves from this type of drought, which,

0:34:55.400 --> 0:34:58.399
<v Speaker 1>of course that's what rich do, right. This is what

0:34:58.640 --> 0:35:02.640
<v Speaker 1>Chas Miller says, the director Environmental Analysis at Pomona College.

0:35:02.960 --> 0:35:06.960
<v Speaker 1>Private capital has no problem with the drought, while the

0:35:07.000 --> 0:35:12.640
<v Speaker 1>rest of us are looking at deep social divides. Somebody

0:35:12.640 --> 0:35:15.880
<v Speaker 1>bought the water, but water isn't the only thing. Like

0:35:15.920 --> 0:35:18.880
<v Speaker 1>I said that somebody else owes you know. According to

0:35:19.719 --> 0:35:24.359
<v Speaker 1>Publicpower dot Org, utilities that were sold since nineteen eighty

0:35:24.400 --> 0:35:27.160
<v Speaker 1>have ranged dramatically in size. Although many had a small

0:35:27.239 --> 0:35:29.880
<v Speaker 1>number of customers at the time of the sale, with

0:35:30.000 --> 0:35:33.359
<v Speaker 1>the median of fewer than six hundred customers, less than

0:35:33.400 --> 0:35:37.360
<v Speaker 1>thirty percent of utilities sold had more than a thousand

0:35:37.400 --> 0:35:41.640
<v Speaker 1>customers at the time of sale. Right, so back then

0:35:41.760 --> 0:35:43.360
<v Speaker 1>it was a small amount of people.

0:35:43.680 --> 0:35:43.839
<v Speaker 2>Right.

0:35:44.280 --> 0:35:49.320
<v Speaker 1>Watch this, Only five public power utilities with ten thousand

0:35:49.400 --> 0:35:52.760
<v Speaker 1>or more customers have sold, right, and four of those

0:35:53.160 --> 0:35:59.640
<v Speaker 1>five sales occurred were approved since twenty fifteen. Now the

0:35:59.760 --> 0:36:03.520
<v Speaker 1>law or just sale of such electric department was the

0:36:03.560 --> 0:36:06.920
<v Speaker 1>city of Murphysboro, Tennessee, which had about sixty eight thousand

0:36:06.920 --> 0:36:11.440
<v Speaker 1>customers and when it's sold to the Middle Tennessee Electric

0:36:11.520 --> 0:36:16.960
<v Speaker 1>Membership Cooperative in twenty twenty. Other utilities substantial size include

0:36:17.480 --> 0:36:22.960
<v Speaker 1>those serving the cities of Vero Beach, Anchorage, Alaska, Eagle Mountain, Utah,

0:36:23.400 --> 0:36:26.520
<v Speaker 1>and all together we are talking about eight hundred thousand

0:36:26.520 --> 0:36:32.440
<v Speaker 1>citizens today have their electricity. Private sales have occurred in

0:36:32.480 --> 0:36:39.360
<v Speaker 1>twenty six states, and almost all of Kansas was sold,

0:36:39.440 --> 0:36:43.680
<v Speaker 1>and it was sold in the nineteen eighties. Now why

0:36:43.800 --> 0:36:47.239
<v Speaker 1>even make an episode on this? And it's because of

0:36:47.280 --> 0:36:52.760
<v Speaker 1>this last thing. Corporate cities. Now, of course, company towns

0:36:53.200 --> 0:36:55.799
<v Speaker 1>is as old as companies are. You know, you had

0:36:55.840 --> 0:36:58.160
<v Speaker 1>trained things and stuff like that, you know, where like

0:36:58.239 --> 0:37:01.120
<v Speaker 1>a company moves in and it just it just made

0:37:01.160 --> 0:37:02.920
<v Speaker 1>sense for the company to make sure that they were

0:37:02.960 --> 0:37:08.640
<v Speaker 1>providing housing and you know, saloons and stuff like that

0:37:08.880 --> 0:37:12.120
<v Speaker 1>for the people that you know, lived in their area.

0:37:12.480 --> 0:37:13.319
<v Speaker 2>It just made sense.

0:37:13.400 --> 0:37:15.560
<v Speaker 1>That was just it was just good business, right, you

0:37:15.600 --> 0:37:19.120
<v Speaker 1>wanted to attract more people to stay in this area.

0:37:19.640 --> 0:37:22.880
<v Speaker 1>If you've ever been in northwest Arkansas city called Bentonville,

0:37:23.480 --> 0:37:26.040
<v Speaker 1>it's actually very dope to be in. But it is

0:37:26.080 --> 0:37:29.239
<v Speaker 1>the headquarters for Walmart. So if you're gonna work in

0:37:29.239 --> 0:37:33.720
<v Speaker 1>corporate Walmart. You gotta live in Bentonville. Now, the city's

0:37:33.760 --> 0:37:37.920
<v Speaker 1>dope is that a corporate town? Not in what I'm

0:37:37.960 --> 0:37:41.000
<v Speaker 1>talking about. It is a company that said we're gonna

0:37:41.040 --> 0:37:44.160
<v Speaker 1>dump a kajillion dollars to make this city as dope

0:37:44.200 --> 0:37:47.440
<v Speaker 1>as possible. That's one thing I am talking about, a

0:37:47.680 --> 0:37:50.360
<v Speaker 1>brand duh making a city.

0:37:51.080 --> 0:37:52.560
<v Speaker 2>I wish I was making this up.

0:37:53.400 --> 0:37:56.759
<v Speaker 1>Google Got One's working on a community called North Bay

0:37:56.840 --> 0:38:02.000
<v Speaker 1>Shore in Mountain View, California. I'll have seven thousand housing units,

0:38:02.440 --> 0:38:06.480
<v Speaker 1>and another called Middlefield Park that'll have two thousand units.

0:38:06.760 --> 0:38:14.600
<v Speaker 1>Meta is building Willow Village dubbed Zucktown in Menlo Park, California,

0:38:14.640 --> 0:38:18.279
<v Speaker 1>and they'll have seventeen hundred housing units, a hotel, and

0:38:18.360 --> 0:38:23.279
<v Speaker 1>plenty of retail. Disney is developing a fourteen hundred thousand

0:38:23.719 --> 0:38:29.080
<v Speaker 1>units across eighty acres in Kissamee, Florida, right near.

0:38:29.160 --> 0:38:30.200
<v Speaker 2>Walt Disney World.

0:38:30.680 --> 0:38:36.600
<v Speaker 1>Elon Musk is building his city called in snail Brook

0:38:36.800 --> 0:38:41.960
<v Speaker 1>outside of Austin, Texas for employees of his constellations of startups,

0:38:42.040 --> 0:38:44.240
<v Speaker 1>including SpaceX, Tesla, and Boeing.

0:38:45.080 --> 0:38:49.480
<v Speaker 2>But the most ambitious is California.

0:38:49.560 --> 0:38:53.480
<v Speaker 1>Forever It's supposed to be Silicon Valley two point zero.

0:38:53.520 --> 0:38:57.000
<v Speaker 1>It's this group ran by the former Golden Sax trader

0:38:57.600 --> 0:39:00.480
<v Speaker 1>Jane Samark and is backed by investors like the Lincoln

0:39:00.600 --> 0:39:05.479
<v Speaker 1>co founder Reed hofsman Chris Dixon, and this philanthropist named

0:39:05.719 --> 0:39:08.560
<v Speaker 1>Loreene Powell. And it plans to create this new city

0:39:08.600 --> 0:39:11.239
<v Speaker 1>in Solano County, sixty miles north of San Bernardino, with

0:39:11.320 --> 0:39:16.000
<v Speaker 1>tens of thousands of homes, large solar energy orchards, with

0:39:16.280 --> 0:39:19.600
<v Speaker 1>a million new trees, and one hundred thousand acres of

0:39:19.719 --> 0:39:23.200
<v Speaker 1>new park space. And they hope to build this community

0:39:23.239 --> 0:39:27.000
<v Speaker 1>will generate thousands of jobs in a wockable Paris or

0:39:27.080 --> 0:39:29.080
<v Speaker 1>West Village in New York.

0:39:29.400 --> 0:39:31.080
<v Speaker 2>And there was this.

0:39:31.200 --> 0:39:35.920
<v Speaker 1>Reporting of this unknown group that was coming up in

0:39:36.040 --> 0:39:40.799
<v Speaker 1>just like just buying farmland. It was called Flannery Associates.

0:39:40.840 --> 0:39:43.640
<v Speaker 1>And for years nobody had any idea who these people were.

0:39:44.000 --> 0:39:49.720
<v Speaker 1>They purchased fifty two thousand acres, spent eight hundred million dollars,

0:39:49.800 --> 0:39:51.839
<v Speaker 1>paying five times a market rate, and.

0:39:51.800 --> 0:39:52.719
<v Speaker 2>Nobody knew who they were.

0:39:53.320 --> 0:39:56.960
<v Speaker 3>This little po dunk town people selling their little farms.

0:39:57.480 --> 0:40:00.760
<v Speaker 2>It's because these billionaires building a city.

0:40:01.440 --> 0:40:05.719
<v Speaker 1>Now, I am telling you all this ultimately to introduce

0:40:05.800 --> 0:40:09.560
<v Speaker 1>you to Curtis Yarvin, who is probably going to be.

0:40:09.760 --> 0:40:12.800
<v Speaker 2>A future bastard pod person.

0:40:12.719 --> 0:40:16.160
<v Speaker 1>Or either way, one of these shows is going to

0:40:16.239 --> 0:40:19.480
<v Speaker 1>cover this man, because this man, in a lot of ways,

0:40:20.280 --> 0:40:28.440
<v Speaker 1>is the patient zero, the contagion number one of these

0:40:28.480 --> 0:40:33.319
<v Speaker 1>new Republicans, this new conservatism, this new extremist that's been

0:40:33.440 --> 0:40:35.960
<v Speaker 1>kind of been trying to tell everybody, here's why it's

0:40:35.960 --> 0:40:39.520
<v Speaker 1>so poisonous. He's like, because not only is democracy dead,

0:40:40.040 --> 0:40:44.080
<v Speaker 1>democracy being dead, and whatever you think you have now

0:40:44.280 --> 0:40:48.439
<v Speaker 1>ain't a democracy, to which all of us would be like, nigga, Yes,

0:40:49.160 --> 0:40:51.040
<v Speaker 1>that's why it's so dangerous because I'd be like yeah.

0:40:51.080 --> 0:40:53.360
<v Speaker 2>He's like, the system's failing you, and I'm like amen.

0:40:54.080 --> 0:40:58.960
<v Speaker 1>So his solution is a monarchy, but.

0:40:58.960 --> 0:41:00.800
<v Speaker 2>He mean a monarchy like a CEO.

0:41:01.920 --> 0:41:04.640
<v Speaker 1>So this man says if the country was ran like

0:41:04.680 --> 0:41:07.959
<v Speaker 1>a tech company, everything would be cool, we would all

0:41:08.000 --> 0:41:12.400
<v Speaker 1>be better. And his example of that is he would say, Okay,

0:41:12.880 --> 0:41:14.360
<v Speaker 1>look at that laptop you use it.

0:41:14.800 --> 0:41:16.000
<v Speaker 2>Look at that phone you got.

0:41:16.520 --> 0:41:18.320
<v Speaker 1>Do you think you would have got to that phone,

0:41:18.360 --> 0:41:21.040
<v Speaker 1>to that laptop, the quality of that laptop you had

0:41:21.600 --> 0:41:24.680
<v Speaker 1>if it was done by the City of California's Tech

0:41:24.800 --> 0:41:26.640
<v Speaker 1>Municipal Department.

0:41:27.520 --> 0:41:30.400
<v Speaker 2>He's like, nigga, no, you got that because.

0:41:30.000 --> 0:41:32.359
<v Speaker 1>Of Steve Jobs. That's why you got that phone. Because

0:41:32.400 --> 0:41:34.040
<v Speaker 1>that nigga was like, look, this is what we're doing.

0:41:34.080 --> 0:41:36.160
<v Speaker 1>This is how we're doing it. He would argued that

0:41:37.480 --> 0:41:40.200
<v Speaker 1>Roosevelt over the New Deal. He was a tech bro.

0:41:40.640 --> 0:41:42.919
<v Speaker 1>He ran his mug like a tech startup. He was like, look, nigga,

0:41:42.920 --> 0:41:45.239
<v Speaker 1>this is what we're doing. We building freeways. I don't

0:41:45.239 --> 0:41:47.279
<v Speaker 1>care what y'all say. We building freeways. He's like, if

0:41:47.280 --> 0:41:52.240
<v Speaker 1>the country was ran like a tech company, then maybe

0:41:52.239 --> 0:41:55.280
<v Speaker 1>this country would work better. And he's like, in newsflash,

0:41:55.600 --> 0:41:59.160
<v Speaker 1>whatever the hell you think you got now ain't working anyway.

0:41:59.280 --> 0:42:02.279
<v Speaker 1>We might as well is lean into it. All I'm

0:42:02.360 --> 0:42:08.040
<v Speaker 1>saying is I don't know what I'm saying, fam, it

0:42:08.080 --> 0:42:11.840
<v Speaker 1>could happen here. So this is your favorite cousin swooping

0:42:11.920 --> 0:42:15.840
<v Speaker 1>in and signing off ruining another thing for you.

0:42:16.680 --> 0:42:18.160
<v Speaker 2>Don't catch me at the hood of politics.

0:42:18.160 --> 0:42:18.359
<v Speaker 1>Pop.

0:42:22.000 --> 0:42:24.520
<v Speaker 2>It could happen here is a production of cool Zone Media.

0:42:24.680 --> 0:42:27.760
<v Speaker 2>For more podcasts from cool Zone Media, visit our website

0:42:27.840 --> 0:42:31.400
<v Speaker 2>Coolzonemedia dot com, or check us out on the iHeartRadio app,

0:42:31.480 --> 0:42:35.040
<v Speaker 2>Apple Podcasts, or wherever you listen to podcasts. You can

0:42:35.080 --> 0:42:37.400
<v Speaker 2>now find sources for it could happen here. Listen directly

0:42:37.440 --> 0:42:39.720
<v Speaker 2>in episode descriptions. Thanks for listening.