WEBVTT - Joe Borelli - The Buck Sexton Show

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<v Speaker 1>You're listening to The Buck Sexton Show podcast, make sure

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<v Speaker 2>Hey, everybody, Welcome to the Buck Sexton Show. The one

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<v Speaker 2>and only Joe Borelli is with us. He is the

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<v Speaker 2>Republican leader of the New York City Council. He is

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<v Speaker 2>the Sage of Staten Island. A man who knows many

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<v Speaker 2>things about many things. Mister Barelli, always an honor of

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<v Speaker 2>privilege and a pleasure.

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<v Speaker 1>How you doing, I'm doing good. It is great to

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<v Speaker 1>see you. Great. You look healthy, Buck, As they.

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<v Speaker 2>Say, yeah, you know, I'm trying. I'm a Florida man now,

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<v Speaker 2>and I will say the weather is nice. It makes

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<v Speaker 2>you soft, although you have to be really fit here,

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<v Speaker 2>so it makes you soft, like to temperature wise. But

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<v Speaker 2>then again, you know, I probably should like stop eating

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<v Speaker 2>carbs entirely if I want to fit in with the

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<v Speaker 2>Miami set here. But tell me this, I actually want

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<v Speaker 2>to dive into how are things going in good old

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<v Speaker 2>NYC these days? Like what what's the latest with the

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<v Speaker 2>mayor Adams? How would you grade him at this point?

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<v Speaker 2>How's it all going?

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<v Speaker 1>Well? I'd give him a pretty low grade. But the

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<v Speaker 1>irony is that if he were to lose in two

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<v Speaker 1>years from today to twenty twenty five is the next

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<v Speaker 1>mayoral election. If he were to lose, it would only

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<v Speaker 1>be to someone attacking him from the left, and that

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<v Speaker 1>would be even worse than the current situation we have now.

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<v Speaker 2>How is that even possible? Like, what does it take

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<v Speaker 2>for people in New York City to figure out that

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<v Speaker 2>having homeless people defecating on the streets and stabbing people

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<v Speaker 2>with you know, whatever they have at hand, and rising

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<v Speaker 2>crime and all this stuff, and the subways being unsafe

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<v Speaker 2>and people getting pushed in front of trains, what does

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<v Speaker 2>it take for the Libs to be less crazy? In

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<v Speaker 2>my hometown and your hometown? How does this happen.

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<v Speaker 1>They don't get less crazy, if any thing, They just

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<v Speaker 1>get more entrenched in their bizarre world. And you see

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<v Speaker 1>that mostly in Manhattan. You see this less frequently in

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<v Speaker 1>the outer boroughs, where regular assault of the earth New

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<v Speaker 1>Yorkers live. That I'm talking about Black New Yorkers, Hispanic

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<v Speaker 1>New Yorkers, Jewish people, Russian people. They're all starting to shift.

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<v Speaker 1>But the epicenter of the problem is Manhattan. And I'll

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<v Speaker 1>give you a great example. I mean, Alvin Bragg is

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<v Speaker 1>the epitome of moronic district attorney Soros Fund the district attorneys,

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<v Speaker 1>and he is being cheered on right now or indicting

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<v Speaker 1>a police officer yesterday. So this cop was basically involved

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<v Speaker 1>in a situation in a Manhattan Apple store in twenty

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<v Speaker 1>twenty one. Alvin Bragg investigated this for two years, two years,

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<v Speaker 1>and just brought an indictment against the cop for punching

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<v Speaker 1>someone as he was trying to escort this person outside

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<v Speaker 1>of the apple store who was harassing people in the

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<v Speaker 1>store and threatening to kill everyone. That's the one we

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<v Speaker 1>live in. So even though we see you know, Deoderant

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<v Speaker 1>locked up in in cages in Dwayne Reid, the elected

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<v Speaker 1>leaders who are actually in charge of prosecuting these people

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<v Speaker 1>are completely on this side of the criminals.

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<v Speaker 2>What is what justificates an excessive force from the police officer.

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<v Speaker 2>That's why he's bringing the indictment.

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<v Speaker 1>A third degree misdemeanor, the lowest charge possible you can

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<v Speaker 1>bring to basically get the cop fired, which is just

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<v Speaker 1>again two years of an investigation, not of the person

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<v Speaker 1>who has been a serial burglar and arrested numerous times

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<v Speaker 1>for a host of crimes. And by the way, the

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<v Speaker 1>Apple security guard just had a great story in the

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<v Speaker 1>Post today basically saying, I saw the whole thing. The

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<v Speaker 1>DA's office didn't even ask me, and I'm the damned

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<v Speaker 1>security guard and the cop did nothing wrong. And this

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<v Speaker 1>is sort of, you know, the example du jour of

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<v Speaker 1>the backwardsness of the majority of New York City.

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<v Speaker 2>Why is this? Why is Alvin Bragg? Why is DA

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<v Speaker 2>Alvin Bragg pro criminal? Because that's really what it seems like.

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<v Speaker 2>He thinks his job is to use the hower he

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<v Speaker 2>has to the greatest possible benefit of the criminal class

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<v Speaker 2>in New York City.

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<v Speaker 1>Why Yeah, I mean, I think the best thing we

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<v Speaker 1>could say about him, and the most favorable thing I

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<v Speaker 1>can come up with, is that he was honest in

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<v Speaker 1>telling us this is exactly who he is. And that's

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<v Speaker 1>why this is such a problem, because the voters picked this.

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<v Speaker 1>The voters didn't get you know, they didn't get Option B.

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<v Speaker 1>And then suddenly, behind door number two, some woke liberal

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<v Speaker 1>came out. They got a guy who said, I am

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<v Speaker 1>going to make sure the fewest number of people get

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<v Speaker 1>put in jail. I am going to make sure the

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<v Speaker 1>absolute fewest number possible people who are convicted of a

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<v Speaker 1>crime or plead to a crime get put in a

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<v Speaker 1>New York City jail. And he's doing that. His Day

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<v Speaker 1>one memo basically said, here are the crimes we are

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<v Speaker 1>no longer going to prosecute for now. Downstream two years,

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<v Speaker 1>we're suddenly surprised again that you know, if you want

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<v Speaker 1>to get lipstick, it's locked up in a cage somewhere

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<v Speaker 1>in your local supermarket, or that stores are closing and

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<v Speaker 1>bodega owners are getting charged criminally, cops are getting charge criminally,

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<v Speaker 1>but not the regular people were regularly committing these crimes.

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<v Speaker 2>It's just remarkable to me. I would I would have

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<v Speaker 2>thought years ago, given what New York City went through,

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<v Speaker 2>Joe in the nineties, you were there, right, you were

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<v Speaker 2>in Stane out right, Yeah, given the crime rate which

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<v Speaker 2>was truly just heinous for people's day to day lives

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<v Speaker 2>all over the Five boroughs, and then the turnaround during

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<v Speaker 2>the Giuliani era, and just how much better it was

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<v Speaker 2>for everybody once the city got cleaned up. And it's

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<v Speaker 2>not that complicated, it's literally cleaned up like the streets,

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<v Speaker 2>but also enforced the laws. How do we get to

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<v Speaker 2>this place where New York, which was the case study

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<v Speaker 2>of how to fix it all, decided to unfix it.

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<v Speaker 2>You know what is that?

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<v Speaker 1>So this is by no means blaming the pandemic, because

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<v Speaker 1>a lot of big cities in the country did not

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<v Speaker 1>go through a similar thing. But the pandemic as the

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<v Speaker 1>catalyst of acceleration for some of these problems. Absolutely happened

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<v Speaker 1>because you even had and you got to remember, Buck,

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<v Speaker 1>you lived here during this time. You lived during the

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<v Speaker 1>first term of the de Blasio administration. That was a

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<v Speaker 1>pretty good time for New York Mayor Bloomberg, who I

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<v Speaker 1>disagreed with on twenty different things a year at least

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<v Speaker 1>kept the basic services and functionality of the city under

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<v Speaker 1>good management, and he should be commended for that. Then

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<v Speaker 1>you had the pandemic hit, and you had sort of

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<v Speaker 1>the acceleration of seeing all the woke policies that were

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<v Speaker 1>put into place, like bail reform and all sorts of

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<v Speaker 1>criminal justice reform were actually playing out in quick time

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<v Speaker 1>because people got arrested, people felt like they can get

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<v Speaker 1>away with things, and sort of the narrative arc of

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<v Speaker 1>crime went so quickly. Now other cities in even blue

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<v Speaker 1>cities in red states, those came, you know, parabolic, the

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<v Speaker 1>crime went up, and the crime went down. In New York,

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<v Speaker 1>we're just starting to see the crime going down, largely

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<v Speaker 1>because of the NYPD. The NYPD is making more red

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<v Speaker 1>I mean low and behold right, what we always said,

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<v Speaker 1>if we have more aggressive policing in a lower crime

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<v Speaker 1>that is actually happening. The crime level is down, But

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<v Speaker 1>on the prosecution side and on the keeping people behind bars,

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<v Speaker 1>I mean, this is just not happening. Build a Blasio

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<v Speaker 1>in his last year, did a press conference touting the

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<v Speaker 1>fact that we had the lowest jail population on Rikers

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<v Speaker 1>Island since World War Two. If the crime rate was

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<v Speaker 1>the same as it was in nineteen forty five, the

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<v Speaker 1>number of violent felonies were the same as it was

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<v Speaker 1>in nineteen forty five, we would be patting Build A

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<v Speaker 1>Blasio on the back saying, hey, heck of with a job, buddy.

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<v Speaker 1>But it wasn't. The crime was actually going up by then.

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<v Speaker 1>Just the number of people who are criminals that were

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<v Speaker 1>segregated from us through the criminal justice system was at

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<v Speaker 1>its lowest point since nineteen forty five.

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<v Speaker 2>So this is important. I feel like everyone should know

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<v Speaker 2>that in some of these places like New York where

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<v Speaker 2>the Democrats or Democrat left is calling the shots and

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<v Speaker 2>you got the Soros back. Prosecutors ess actially not the police,

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<v Speaker 2>that are really the weak point. Necessarily, it's often not

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<v Speaker 2>the police at all. It's the prosecutorial arm of the

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<v Speaker 2>local government.

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<v Speaker 1>Right.

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<v Speaker 2>It's the decision what to charge and how long to

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<v Speaker 2>hold them in prison for the crimes they've committed. I

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<v Speaker 2>want to come back though, and talking about the economic

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<v Speaker 2>side of things, the Mayor Adams said that New York

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<v Speaker 2>is full when it comes to illegal migrants. That's so

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<v Speaker 2>strange because I thought we're a nation of illegal migrants

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<v Speaker 2>now and we're supposed to think that they make everything better.

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<v Speaker 2>for thirty five percent off. So what happened to New

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<v Speaker 2>York City is going to just take in all the

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<v Speaker 2>huddled masses of abroad and right to give me. You're tired,

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<v Speaker 2>you're poor, You're the thing on the poem, the Lazarus

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<v Speaker 2>poem on the Statue of Liberty. That's what they always

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<v Speaker 2>tell us about all the need for open borders. But

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<v Speaker 2>now Adams is saying, all full too many illegals. What's

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<v Speaker 2>going on?

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<v Speaker 1>Yeah, it turns out poems don't pay the bills. So

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<v Speaker 1>what I believe happened? And from my conversations, both with

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<v Speaker 1>people in the Adams administration and just sort of my

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<v Speaker 1>own observation is that he was more than willing to

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<v Speaker 1>sort of carry the Democrats water be the post of

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<v Speaker 1>boy of sanctuary cities. And when the projections were going

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<v Speaker 1>to be that it was going to be five thousand people,

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<v Speaker 1>ten thousand people, you know, So that effect on our

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<v Speaker 1>budget is like a fart in a breezy day. It

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<v Speaker 1>wasn't going to have any impact. But now that we've

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<v Speaker 1>had almost one hundred thousand people come through our system

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<v Speaker 1>and over fifty thousand people in our shelters nightly in

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<v Speaker 1>addition to our regular homeless shelter population. Mind you, this

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<v Speaker 1>is fifty thousand migrant homeless population. Now the dollar amount

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<v Speaker 1>is simply unsustainable. Not only is the dollar amount unsustainable,

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<v Speaker 1>but the Adams Administration can't actually find enough rooms to

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<v Speaker 1>put people. Know, they can't basically put tent cities wherever

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<v Speaker 1>they want. There's no hotels that are any long and

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<v Speaker 1>willing to lease space, and they're coming up on basically

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<v Speaker 1>a hard stop of where they can put people. They're

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<v Speaker 1>actually renting hotels outside of the city limits in counties

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<v Speaker 1>on the island and in the Hudson Valley. But the

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<v Speaker 1>number is insane. The number in our last budget that

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<v Speaker 1>was unaccounted for, meaning it was migrant money that was

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<v Speaker 1>not budgeted prior to the start of the fiscal year,

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<v Speaker 1>was about one point eight billion dollars. So, to give

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<v Speaker 1>the listeners a comparable, one point eight billion dollars is

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<v Speaker 1>more more than we spend on the fd and Y.

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<v Speaker 1>FD and Y has ten thousand firefighters, five thousand EMPs,

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<v Speaker 1>three hundreds firehouses, five thousand ambulances, twenty four hour rotations,

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<v Speaker 1>people watching the city all day long, and yet the

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<v Speaker 1>migrant crisis is actually costing more money than the largest

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<v Speaker 1>fire department and EMS system in the country. It's simply bonkers.

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<v Speaker 1>And now add them to the stuff between a rock

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<v Speaker 1>and a hard place, where they've they've resorted to actually

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<v Speaker 1>putting flyers out. I don't know if you've seen this book.

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<v Speaker 1>They're actually putting flyers out that they're sending to Texas

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<v Speaker 1>and having people hand them out at the basically the

0:11:49.897 --> 0:11:52.217
<v Speaker 1>centers that process people when they come across the border,

0:11:52.577 --> 0:11:55.217
<v Speaker 1>telling them that New York's really expensive and there might

0:11:55.257 --> 0:11:58.057
<v Speaker 1>not be a place for them to live. So that's

0:11:58.097 --> 0:12:01.297
<v Speaker 1>how far We've come from let me be the poster

0:12:01.377 --> 0:12:04.617
<v Speaker 1>boy for sanctuary city policies to now he's attacking the

0:12:04.657 --> 0:12:07.737
<v Speaker 1>Biden administration rightfully, by the way, for not paying for

0:12:07.777 --> 0:12:10.457
<v Speaker 1>this problem that has caused one hundred percent by the

0:12:10.497 --> 0:12:15.257
<v Speaker 1>federal government's failure. We're just on the hook on being

0:12:15.297 --> 0:12:18.217
<v Speaker 1>the world's refugee camp because of our own dopey politicians

0:12:18.257 --> 0:12:20.737
<v Speaker 1>who decided to have not just the sanctuary city law,

0:12:21.057 --> 0:12:24.257
<v Speaker 1>but a right to shelter law ingrained at our state constitution,

0:12:24.617 --> 0:12:27.537
<v Speaker 1>which guarantees any person, which person is now defined as

0:12:27.537 --> 0:12:31.297
<v Speaker 1>a migrant, unlimited resources should they need them.

0:12:31.977 --> 0:12:33.257
<v Speaker 2>It's unbelievable.

0:12:33.297 --> 0:12:35.257
<v Speaker 1>I mean, just give me the right choice by leaving Buck,

0:12:35.257 --> 0:12:36.177
<v Speaker 1>I'm not gonna lie.

0:12:36.937 --> 0:12:39.217
<v Speaker 2>I Well, you know, I see now where do all

0:12:39.257 --> 0:12:41.697
<v Speaker 2>my tax dollars go? Recently I saw not only do

0:12:41.697 --> 0:12:43.977
<v Speaker 2>you got the one point eight billion going for illegals,

0:12:44.697 --> 0:12:48.857
<v Speaker 2>but there's this judgment that Deblasio set up this fund

0:12:48.937 --> 0:12:50.977
<v Speaker 2>right for teachers that failed the test who are black

0:12:50.977 --> 0:12:55.137
<v Speaker 2>and Hispanic, who failed this teacher certification exam. They're getting

0:12:55.137 --> 0:12:57.417
<v Speaker 2>a million dollars, some of them two million dollars, paying

0:12:57.417 --> 0:13:00.817
<v Speaker 2>them for an entire career of work that they never did,

0:13:01.177 --> 0:13:04.057
<v Speaker 2>They went off and did other jobs. But now after

0:13:04.097 --> 0:13:06.097
<v Speaker 2>twenty years they get the full back pay for all

0:13:06.097 --> 0:13:09.177
<v Speaker 2>twenty years and benefits because they failed the test of

0:13:09.257 --> 0:13:13.497
<v Speaker 2>basic reading and teaching skills. Like, that's where my tax

0:13:13.537 --> 0:13:15.057
<v Speaker 2>dollars are going as a New Yorker, or where they

0:13:15.097 --> 0:13:17.777
<v Speaker 2>would be going. Rather, that's where yours are going, Joe, Yeah.

0:13:17.897 --> 0:13:21.177
<v Speaker 1>Or the thirteen million they just settled with on BLM

0:13:21.257 --> 0:13:24.497
<v Speaker 1>protesters after George Floyd. So if you were arrested during

0:13:24.497 --> 0:13:28.777
<v Speaker 1>the protest and perhaps roughed up in the ensuing scuffle,

0:13:29.097 --> 0:13:31.977
<v Speaker 1>or maybe you were held two hours too long, they

0:13:32.017 --> 0:13:34.497
<v Speaker 1>settled about thirteen million dollars with a whole bunch of

0:13:34.497 --> 0:13:38.017
<v Speaker 1>defendants who felt they were wrongly arrested and wrongly detained.

0:13:38.057 --> 0:13:39.537
<v Speaker 1>I mean, this is this is the kind of city

0:13:39.577 --> 0:13:42.377
<v Speaker 1>we live in where where it just it is unsustainable.

0:13:43.017 --> 0:13:45.057
<v Speaker 1>The New Yorker, which I'm sure you don't read it

0:13:45.057 --> 0:13:47.377
<v Speaker 1>because I don't really read it that often, but they

0:13:47.377 --> 0:13:50.297
<v Speaker 1>came out with a really good article yesterday about the

0:13:50.337 --> 0:13:54.057
<v Speaker 1>crisis involving New York real estate, both commercial and residential.

0:13:54.537 --> 0:13:57.457
<v Speaker 1>And we are at the precipice of a fiscal cliff.

0:13:57.737 --> 0:14:00.857
<v Speaker 1>And you know, I've been hyperbolic about this in the past,

0:14:00.857 --> 0:14:03.137
<v Speaker 1>and maybe too much though, but now we really are

0:14:03.297 --> 0:14:08.777
<v Speaker 1>up against a very very very hard situation where banks

0:14:08.817 --> 0:14:13.417
<v Speaker 1>may have to default on lenders. Uh and and UH business.

0:14:13.497 --> 0:14:16.377
<v Speaker 1>I'm rather building owners no longer have the ability to

0:14:16.417 --> 0:14:18.937
<v Speaker 1>go to local banks to get refinancing, and some of

0:14:18.937 --> 0:14:21.417
<v Speaker 1>the largest buildings in New York City. This is this

0:14:21.457 --> 0:14:24.737
<v Speaker 1>is actually a catastrophic event for New York that could

0:14:24.777 --> 0:14:25.217
<v Speaker 1>be happening.

0:14:25.697 --> 0:14:28.457
<v Speaker 2>How far off is that from becoming a reality at

0:14:28.457 --> 0:14:31.577
<v Speaker 2>this point? Like, is this expected to happen in a

0:14:31.617 --> 0:14:34.977
<v Speaker 2>matter of of you know, weeks, months, years?

0:14:36.177 --> 0:14:37.617
<v Speaker 1>I would say within a year or two. I mean,

0:14:37.657 --> 0:14:40.417
<v Speaker 1>you'll start seeing some of the regional banks and lenders

0:14:40.737 --> 0:14:44.297
<v Speaker 1>who finance some of these smaller properties. You'll see it

0:14:44.297 --> 0:14:46.257
<v Speaker 1>affected in their stock market price and some of the

0:14:46.657 --> 0:14:49.177
<v Speaker 1>issues in the market on them. Then you'll see some

0:14:49.217 --> 0:14:52.057
<v Speaker 1>of these and and a Blackstone a company just handed

0:14:52.097 --> 0:14:54.857
<v Speaker 1>back the keys of their building because they couldn't refinance.

0:14:54.897 --> 0:14:57.697
<v Speaker 1>I mean, so you're you're starting to see the cracks

0:14:57.697 --> 0:15:00.217
<v Speaker 1>in the dam. The dam hasn't cracked completely yet, the

0:15:00.257 --> 0:15:03.857
<v Speaker 1>water isn't flowing, but we're at the point now where

0:15:03.897 --> 0:15:07.457
<v Speaker 1>you're starting to see major buildings get defaulted on, or

0:15:07.577 --> 0:15:09.697
<v Speaker 1>just the older the owners handing back the keys to

0:15:10.137 --> 0:15:11.417
<v Speaker 1>the lending institutions.

0:15:11.697 --> 0:15:14.097
<v Speaker 2>I want to come back and ask you, Joe, if

0:15:14.137 --> 0:15:17.057
<v Speaker 2>I made you the King of New York, which arguably

0:15:17.057 --> 0:15:18.777
<v Speaker 2>you are, But if I made you the king of

0:15:18.817 --> 0:15:21.497
<v Speaker 2>New York and you had to fix the place, and

0:15:21.537 --> 0:15:24.897
<v Speaker 2>you could just do whatever you needed to do to

0:15:24.977 --> 0:15:27.537
<v Speaker 2>fix it, to make it the greatest city in America,

0:15:27.617 --> 0:15:29.137
<v Speaker 2>which I think, at least for a period of my

0:15:29.177 --> 0:15:31.097
<v Speaker 2>life I lived in, which I do believe it was

0:15:31.137 --> 0:15:33.377
<v Speaker 2>for a while the greatest city in America. I want

0:15:33.377 --> 0:15:35.097
<v Speaker 2>to ask you how you'd fix it, given that you

0:15:35.137 --> 0:15:37.777
<v Speaker 2>work in the city council. You know, the budgetary issues,

0:15:37.817 --> 0:15:41.137
<v Speaker 2>the police and law enforcement issues, the sanitation you know.

0:15:41.497 --> 0:15:44.017
<v Speaker 2>I just want you to give me your quick version

0:15:44.097 --> 0:15:48.097
<v Speaker 2>of how you just make the city function at its

0:15:48.097 --> 0:15:50.217
<v Speaker 2>absolute best. But we'll get to that a second. One

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<v Speaker 2>Uh Joe, how do you fix? You're the King of

0:16:44.737 --> 0:16:46.857
<v Speaker 2>New York for a year. How do you fix the city?

0:16:47.737 --> 0:16:50.697
<v Speaker 1>Well? It's interesting. It essentially would have been the zeldn plan.

0:16:51.337 --> 0:16:53.017
<v Speaker 1>You know, I was very close to when still am

0:16:53.057 --> 0:16:55.777
<v Speaker 1>with Lee Zelden, and we ran a pretty good campaign

0:16:55.977 --> 0:17:00.297
<v Speaker 1>where he almost actually won and became governor. His plan

0:17:00.417 --> 0:17:02.497
<v Speaker 1>started with public safety, and so would mine. I mean

0:17:02.577 --> 0:17:06.457
<v Speaker 1>public safety is paramount to getting people back into their offices.

0:17:06.577 --> 0:17:08.737
<v Speaker 1>By the way, people are not not going to offices

0:17:08.777 --> 0:17:11.377
<v Speaker 1>in Manhattan because they don't want you. It's partially because

0:17:11.377 --> 0:17:13.337
<v Speaker 1>they don't feel safe. So the first thing we have

0:17:13.417 --> 0:17:16.617
<v Speaker 1>to do is repeal cashless bail. We have to repeal

0:17:16.657 --> 0:17:20.297
<v Speaker 1>most of the criminal justice provisions that were voted on

0:17:20.377 --> 0:17:23.977
<v Speaker 1>over the last ten years that said we have to

0:17:23.977 --> 0:17:27.097
<v Speaker 1>make real estate valuable in New York City. Again, we

0:17:27.177 --> 0:17:29.697
<v Speaker 1>have to make sure the industry is solid, and you

0:17:29.817 --> 0:17:32.497
<v Speaker 1>do that by giving, you know, old fashioned tax breaks.

0:17:32.537 --> 0:17:34.657
<v Speaker 1>The governor and the legislature couldn't come up with a

0:17:34.657 --> 0:17:36.857
<v Speaker 1>great agreement this year to extend some of the tax

0:17:36.897 --> 0:17:40.097
<v Speaker 1>abatements that a lot of these developers needed to continue

0:17:40.137 --> 0:17:43.577
<v Speaker 1>building the skyscrapers and apartment buildings that New York Is need.

0:17:43.697 --> 0:17:47.257
<v Speaker 1>So it's an interesting catch twenty two where on the

0:17:47.257 --> 0:17:50.137
<v Speaker 1>finance side we have to spur some growth, we also

0:17:50.177 --> 0:17:52.257
<v Speaker 1>need to lower our business taxes. I mean, right now

0:17:52.297 --> 0:17:55.017
<v Speaker 1>we're losing companies. Forget the people that'll leave it right

0:17:55.537 --> 0:17:58.057
<v Speaker 1>I might leave because the weather's nice, but JP Morgan

0:17:58.177 --> 0:18:01.457
<v Speaker 1>just went to the Dallas Metro because of the tax

0:18:01.497 --> 0:18:04.857
<v Speaker 1>structure and the business climate of Texas, So we'd have

0:18:04.937 --> 0:18:07.337
<v Speaker 1>to reform that as well, if we could do that,

0:18:08.177 --> 0:18:10.057
<v Speaker 1>and I think we do. I really do think New

0:18:10.057 --> 0:18:13.097
<v Speaker 1>New York is poised for the pendulum to start swinging back.

0:18:13.457 --> 0:18:15.017
<v Speaker 1>I just don't know if it's going to happen in

0:18:15.057 --> 0:18:17.417
<v Speaker 1>my say, political lifetime, but I bet you by the

0:18:17.417 --> 0:18:20.097
<v Speaker 1>time I have grandkids, New York will be in full

0:18:20.097 --> 0:18:23.377
<v Speaker 1>swing again. It took you mentioned the nineteen nineties before. Remember,

0:18:23.417 --> 0:18:25.937
<v Speaker 1>crime was really bad in the late seventies, early eighties,

0:18:25.977 --> 0:18:28.697
<v Speaker 1>and it took about, you know, five or six years

0:18:28.697 --> 0:18:31.537
<v Speaker 1>for things to really level off going into ninety nine,

0:18:31.577 --> 0:18:32.977
<v Speaker 1>two thousand, two thousand and one.

0:18:33.937 --> 0:18:37.937
<v Speaker 2>What are the biggest areas of the city budget in

0:18:37.937 --> 0:18:40.057
<v Speaker 2>New York that you're just like, what the heck are

0:18:40.097 --> 0:18:40.537
<v Speaker 2>we doing?

0:18:42.057 --> 0:18:44.057
<v Speaker 1>Yeah? I mean I would have to say the Department

0:18:44.057 --> 0:18:46.657
<v Speaker 1>of Education, I mean our Department of Education. And my

0:18:46.697 --> 0:18:48.977
<v Speaker 1>wife's a teacher, and God blessed the work, and some

0:18:49.057 --> 0:18:52.177
<v Speaker 1>of them do. But we spend more per child than

0:18:52.217 --> 0:18:55.657
<v Speaker 1>any other system by far. And I don't mean like

0:18:55.737 --> 0:18:59.337
<v Speaker 1>we spend ten percent more five percent. We spend about

0:18:59.377 --> 0:19:02.537
<v Speaker 1>triple what say the private school systems here in New

0:19:02.577 --> 0:19:05.697
<v Speaker 1>York spend on average the Catholic schools, for example, educated

0:19:05.737 --> 0:19:07.537
<v Speaker 1>kids for about seven or eight thousand a year. In

0:19:07.577 --> 0:19:10.297
<v Speaker 1>elementary school we're up to twenty seven, twenty eight, twenty

0:19:10.377 --> 0:19:13.497
<v Speaker 1>nine thousand dollars per year, So that is the biggest

0:19:13.537 --> 0:19:15.977
<v Speaker 1>vacuum of city spending. A lot of it has to

0:19:15.977 --> 0:19:17.777
<v Speaker 1>do with the age of some of our school buildings.

0:19:17.817 --> 0:19:20.017
<v Speaker 1>We have, you know, twelve hundred school buildings in New

0:19:20.097 --> 0:19:21.537
<v Speaker 1>York City. A lot of them are are one hundred

0:19:21.617 --> 0:19:23.537
<v Speaker 1>years old. So there is going to be some capital

0:19:23.577 --> 0:19:27.857
<v Speaker 1>needs for keeping the system itself going. But this cost

0:19:27.897 --> 0:19:30.857
<v Speaker 1>per spending is probably astronomical. And then you can look

0:19:30.897 --> 0:19:33.177
<v Speaker 1>at any agency. I mean, the NYPD spends more money

0:19:33.217 --> 0:19:35.777
<v Speaker 1>than North Korea, but would I wouldn't say we should

0:19:35.777 --> 0:19:39.177
<v Speaker 1>cut that. So even though New York is so big,

0:19:39.617 --> 0:19:42.697
<v Speaker 1>we have to approach cuts with a scalpel. And by

0:19:42.737 --> 0:19:45.497
<v Speaker 1>the way, you know, the budget growth of one percent

0:19:45.537 --> 0:19:47.857
<v Speaker 1>two percent a year is falling in a city like

0:19:47.937 --> 0:19:49.817
<v Speaker 1>New York that for the last twenty years was able

0:19:49.857 --> 0:19:51.897
<v Speaker 1>to meet that with regular old growth. We haven't really

0:19:52.017 --> 0:19:55.057
<v Speaker 1>raised taxes. Taxes are high, we haven't raised them. It's

0:19:55.057 --> 0:19:58.057
<v Speaker 1>only recently with this migrant crisis and sort of the

0:19:58.097 --> 0:20:01.497
<v Speaker 1>out of control pension and liability, pension and healthcare spending

0:20:01.537 --> 0:20:04.377
<v Speaker 1>that that we've been put in this fiscal problem.

0:20:04.577 --> 0:20:05.977
<v Speaker 2>I want to ask you to tell me a little

0:20:06.017 --> 0:20:09.017
<v Speaker 2>bit of Staten Island history to close us out here

0:20:09.017 --> 0:20:11.377
<v Speaker 2>in a second, mister Joe Burdh, because Joe, oh, my god,

0:20:11.617 --> 0:20:14.377
<v Speaker 2>has written a book on the history of the great

0:20:14.377 --> 0:20:17.657
<v Speaker 2>island known as the Staten My understanding was that Stton

0:20:17.617 --> 0:20:19.457
<v Speaker 2>Aims were the British like to hang out when they

0:20:19.457 --> 0:20:22.897
<v Speaker 2>were trying to crush George Washington and the Patriots.

0:20:23.017 --> 0:20:25.057
<v Speaker 1>Oh sure, as heck I mean, so I'll give you

0:20:25.097 --> 0:20:27.777
<v Speaker 1>two fun facts about State is Ale history. And by

0:20:27.777 --> 0:20:29.777
<v Speaker 1>the way, I wrote one book, but my publisher made

0:20:29.817 --> 0:20:31.977
<v Speaker 1>it two books, so you can go on Amazon and

0:20:32.017 --> 0:20:34.057
<v Speaker 1>buy and I get a buck of books. So hopefully

0:20:34.097 --> 0:20:37.497
<v Speaker 1>the audience buys a couple but so fun fact about

0:20:37.497 --> 0:20:40.577
<v Speaker 1>the American Revolution. If people like the show Turn it

0:20:40.617 --> 0:20:42.617
<v Speaker 1>was on AMC. It was a great show about the

0:20:42.617 --> 0:20:45.897
<v Speaker 1>American Revolution and the spy network. That spy network really

0:20:45.977 --> 0:20:48.297
<v Speaker 1>happened on Staten Island, and one of the main characters

0:20:48.337 --> 0:20:50.897
<v Speaker 1>was Lieutenant Simcoe. He was the sort of the evil

0:20:51.897 --> 0:20:55.337
<v Speaker 1>antagonist of the show. If you're on the eleventh tee

0:20:55.417 --> 0:20:58.297
<v Speaker 1>at Latarette Golf Course, it's a very high elevated tea

0:20:58.377 --> 0:21:01.337
<v Speaker 1>on top of a hill. You're actually teeing off on

0:21:01.417 --> 0:21:04.497
<v Speaker 1>top of a redoubt that was construction constructed by the

0:21:04.537 --> 0:21:07.817
<v Speaker 1>British in seventeen seventy seven, So it's a one hundred

0:21:07.897 --> 0:21:11.297
<v Speaker 1>year old burm that you're basically playing off your tea.

0:21:11.337 --> 0:21:14.177
<v Speaker 1>And if you're playing at Silver Lake Golf Course on

0:21:14.217 --> 0:21:17.577
<v Speaker 1>the eighteenth fairway, you're actually trampling over the graves of

0:21:17.657 --> 0:21:21.257
<v Speaker 1>ten thousand Irish and German people who were killed by typhoid,

0:21:21.297 --> 0:21:24.737
<v Speaker 1>fever and scurvy and god knows what else they brought

0:21:24.777 --> 0:21:27.457
<v Speaker 1>with them over as they came across the ocean to

0:21:27.657 --> 0:21:31.377
<v Speaker 1>come to New York. So macabre history for New York City, goth.

0:21:31.977 --> 0:21:34.097
<v Speaker 2>What's the name of the book or the books?

0:21:34.657 --> 0:21:37.137
<v Speaker 1>So revolutionary Staten Island is the first one, and then

0:21:37.137 --> 0:21:39.417
<v Speaker 1>Staten Island the nineteenth century is the second one. The

0:21:39.417 --> 0:21:41.577
<v Speaker 1>first one's better. It's you got more gore, more killing,

0:21:41.617 --> 0:21:42.297
<v Speaker 1>stuff like that.

0:21:42.937 --> 0:21:45.737
<v Speaker 2>Very good, mister Joe Borelli, Sage of Staten Island. Great

0:21:45.737 --> 0:21:47.217
<v Speaker 2>to have you on, sir, Thanks so much.

0:21:47.497 --> 0:21:48.137
<v Speaker 1>Thank you. Book