Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Check out yesterday's post by at Hickenlooper where he thinks
that mail in Ballance are very secure, quite ratioed on
his post. People also point out countries like French, Belangium
in Mexico have banned mail in voting because of fraud,
(00:20):
and many other countries do not allow it.
Speaker 2 (00:25):
Let go check that. If things are a little disjointed today,
or they seem a little off a little bit, it's
because that's normal. Well, that would be normal. So if
it is more so than usual, it's because I have
no mouse. I have no computer. I have no well no, no.
Speaker 3 (00:46):
No, the computer's on. We we rebooted it, but I
was able to reboot it to the command prompt. But
still no mouse.
Speaker 2 (00:55):
Still no mouse. And well you may think that we
have a computer. The keyboard doesn't work either, because I
have Microsoft Copilot has popped up with Ryan's AI assistant
(01:16):
for work. And when I hit continue, it doesn't. You know,
the arrows don't move. I can't move the arrows.
Speaker 3 (01:23):
Do I need to come in there and crawl under
the desk and start pulling wires just willy nilly, like,
well there's an air.
Speaker 2 (01:29):
There's a bar to me that just says, you know,
I don't give a crap.
Speaker 3 (01:33):
Yes, you do, because you're gonna bitch and mom on
the entire show, and then we will all be upset.
Speaker 2 (01:39):
Yes, because next Gen is the program that we all use.
Speaker 4 (01:45):
It's our broadcast software.
Speaker 2 (01:46):
Yes, it's broadcast software. I use it because there is
a log that shows me everything going on. It shows
me my content segments, It shows me, you know, all
of the spots that run. So let's say I'm doing
an American Financing spot and before me is a I
don't know a traffic report, traffic report, so I can
(02:10):
see exactly when the traffic report's going to end, so
I can start the American Financing spot, do that live hit,
next event, move on, and it scrolls through the entire program.
And of course that all that info gets put, you know,
into into your logger whatever wherever it goes, and it
(02:31):
allows us to seamlessly conduct a program.
Speaker 3 (02:35):
I mean, I can read it off right now. I
can say it's six twenty four and ten seconds is
a hard break with the k how intro break bed
that's thirty seconds. Then it's six twenty four and forty
seconds spot block hard timed that goes into a K
how legal id brown now slash PAGs at six pm.
Then that will immediately follow with a K how traffic
(02:57):
impact open, then the Superstar car into the billboard, into
the color.
Speaker 4 (03:03):
Just do that.
Speaker 2 (03:04):
Let's just let's just read the Let's just read next
Gen for the next four hours. Let's just do that.
Then the other the other problem. It gives me both. Obviously,
I have an audio queue, because Dragon will do some
queue that you know we're reaching the end of a block,
so I'll know to start wrapping things up. Plus I
(03:25):
can also see on next Gen that we're coming near
the end where we're getting ready to move into a
spot block, so I can start wrapping up what I'm saying,
so I can boom stop, you know, right at the
right time. Now, I have no visual or audio clues whatsoever.
I have no clues whatsoever. So it'll be like Dragon
(03:47):
shut up, and I'll just have to stop and we'll
just wait, and.
Speaker 3 (03:50):
Then you should still be able to hear everything. You'll
hear the the K howe into break bed.
Speaker 2 (03:56):
That won't change, right, right, I'll hear that bed, but
remember that bed is a certain length of time.
Speaker 4 (04:02):
Right, you won't have the visual I won't have the.
Speaker 2 (04:04):
Visual so that I can see as we're as the
bed's playing, I can't see the visual cue that I
need to know that. Bah blah blah blah. I've got
five seconds left, Say good night everybody, and move on
to whatever's next. It just pisses me off beyond belief
that a billion dollar company with hundreds, you know, thousands
(04:27):
and thousands of employees and we we can't make things work.
Speaker 4 (04:33):
You want to talk about the blinds.
Speaker 2 (04:37):
Yes, And did I come in and I see that
the blinds directly behind me? Fortunately they are closed, but
unfortunately means I won't be able to open them after
the sun gets up to a certain point. But now
I have even less light in the studio because somebody
came in here and not only broke the little handle
that you turned open and closed the blinds, but I
(04:59):
thought I'll just stick it back up on the little hook.
They have ripped the hook out of the blinds too.
Do you sometimes think you're listening to the to the
Ghetto station? Yeah, the Ghetto station.
Speaker 4 (05:13):
So now two out of the five blinds are no
longer working.
Speaker 2 (05:16):
We have two of five blinds that are non functioning.
So at some point, And I'm not gonna lay blame anywhere,
but I know some people like these studios when they
work in them completely dark. So they they rush in
and they close all the blinds, you know, you know,
and they're all in a big hurry to close the blinds.
And did I know the capitalist likes them open, you know,
(05:36):
So they get closed and opened all day long, and
and it honestly just puts me in an effing foul mood.
Speaker 1 (05:46):
Hey.
Speaker 3 (05:46):
But as for the term of life, I mean, they've
been here since we got here, and they probably came
with the building. So we're talking twenty five plus years.
Oh yeah, that's a pretty good life span for the year.
It's a great five dollars blinds.
Speaker 2 (05:58):
Particularly once you're point, particularly good for five dollars blind
which then raises the next point. Okay, I'll tell you what.
I bet we could get the twelve listeners to contribute
the twenty five dollars that we would need to replace
the blinds. Hell's bills. I would pay to replace the blinds,
(06:20):
but I refuse to do so because I work for
a billion dollar company and I'm just I'm not gonna
do that.
Speaker 3 (06:28):
So you want me to come in there and start
pulling some plugs.
Speaker 2 (06:34):
What good is that going to do?
Speaker 3 (06:35):
Because I could reset the box, that could happen. That's
happened to me on the third floor numerous times.
Speaker 2 (06:41):
Why don't we do it during a break? I mean,
I mean, if.
Speaker 3 (06:45):
We have work to do during a break, I mean,
we have worked to do during the talk segments. But yeah,
you've got a Dan Caplis spot and an American financing
spot in this spot lock and I have to say.
Speaker 4 (06:54):
But you'll have to do no idea.
Speaker 2 (06:55):
You'll have to tell me go.
Speaker 4 (06:59):
Or you?
Speaker 2 (07:00):
Who is it? I forget whether I don't know whether
they still do it or not. But some hosts don't
play their own sound bites. So they asked, they tell
to and so they'll be talking along and so so, uh,
mister producer, play play play clip number forty five twelve.
You know, it's just it just sounds so stupid to me.
It's like, come on, at least you can do so. Anyway,
(07:22):
here we are.
Speaker 4 (07:23):
This morning, I'm coming in there. I'm gonna try something.
Speaker 2 (07:27):
Now. I want to get to a story that let
me find uh, at least at least mine is working, right,
I think mine is working do No, mine is not
working right now. I'll have to go back and find this. Oh,
he's coming in here. He can't resist.
Speaker 4 (07:47):
I'm pretty sure I know the box.
Speaker 2 (07:49):
He can't wait to come in here and try to
do this. There is a story over at the Colorado
Sun that I use for my Michael Brown minute this morning,
and I want to I want to share with you
because it shows you just and when we finished the
Colorado Sun story about Excel Energy and our rates increasing
(08:11):
exorbitantly in the in the next few years, at the
same time, screen just went blank. In case you're wondering
if that helps you know what you're doing down there
the street. You got the right box. Okay, so you
got the right box. Things things are going, aren't you
glad you tuned in this morning? Aren't you glad you tuned?
And here's the weird part. He's down there on his
(08:34):
knees in the middle of what is probably a health hazard.
It popped right back up to the same thing that
you had on before. So and and and it's still
I have a mouse. I have a workable mouse. I
have a workable mouse. I don't care about the keyboard.
Right now, let's se if we get next in the
work live radio people, Well, usually it's already on, so
(08:57):
I don't have to find that stupid icon. And it's loading,
it's loading. We may be able to save the program
yet today, aren't you? Aren't you glad you tuned in
all the thrilling, the spinning blue micro Assault ninety eight,
Michael Windows ninety five. Oh, we can log all keyboard works.
(09:21):
Holy cow, we're doing at six point fifteen. Well, it's
normally done at five thirty am, and it's loading. Oh
my gosh, if if let me be careful what I
(09:42):
say here, it is astounding to me. It is truly
astounding that the monitors, the servers, everything are so old.
And this this business depends upon the electronic equipment that
(10:07):
we use, not only for the over the air broadcast,
but for the streaming and for someone who is live
like we are every morning. These computers are absolutely essential. Now.
In old days, prior to computers, you had a clock.
(10:29):
You usually had a clock with you know, a second
hand on it, and you watched that clock, and you
had the log for the day on paper. You literally
had the log on paper, so you had to look
at the log.
Speaker 3 (10:43):
Look at the ka used to do that until about
five years ago. Do what KOA used to have paper
logs up until about five years ago.
Speaker 2 (10:50):
Seriously, Yeah, I don't think I ever used a paper log.
Speaker 3 (10:54):
Oh no, they just whoever the traffic coordinator was the
person that creates the logs. She would come in and
put them in one of the little folders in the corner.
Speaker 4 (11:04):
Nobody actually use nobody, No, not a one of us.
Speaker 2 (11:07):
They were still creating a paper log.
Speaker 3 (11:09):
Yeah, Dave Lower, he loved flipping through it, but he
didn't really ever do anything with it. But he would
just do that's it, okay, right in, put it right
back right.
Speaker 2 (11:18):
So imagine right now, so I'm looking at a computer
screen that gives me I don't even have to look
at the clock because the clocks are all synced, so
I see exactly what time it is. I see that
we're in content. I see that we've got As Dragon
said earlier, we go the kehow into break. Bed starts
at six twenty four to ten. It's a thirty second break.
(11:40):
So when when we get to that point, I will
hear that break music that bed start. Plus I will
then see a progression bar that shows me that thirty seconds.
So as I'm talking, and that bed's playing under me.
I know precisely when to stop to maximize them around
(12:00):
the time I have for content before I boom, it
hits heartbreak and you can't hear me anymore. Without that,
people would literally look at a sheet of paper and
see that, oh, I'm coming up in six twenty four.
So now they're they're looking down at their paper, looking
up at a clock, unless they happen to have, you know,
(12:21):
a clock on their console somewhere, and then they would
have to juggle their eyes up and down, up in
their head going bobbing up and down like a like
a Hawaiian doll on the dashboard of a jeep traveling somewhere, you.
Speaker 4 (12:34):
Know, you know Hulu girls, Yeah yeah.
Speaker 2 (12:37):
And you look up and down, looking down, and you
try to time it just right. And now we've all
become accustomed to which, which is another example of how
we have become so accustomed to all of this wonderful
technology that makes life so much simpler when it works,
(12:57):
and when it doesn't work, it completely throws everything off.
Plus the other thing I find interesting about this fiasco
this morning is this is what a routine that we
are in and how much we expect things to work,
particularly when we're working with a company that to a
certain degree doesn't give a ride to ask whether things
(13:17):
work or not. That's what fascinates me is that you
and I expected we come in here, and then when
it doesn't, it really throws everything off because I come in,
as Dragon will tell you, I had everything laid out
ready to go, telling him about a story that I
want to do this morning, and asking him, you know,
have we talked about this war ball while we were
(13:38):
doing all that kind of all that kind of stuff.
And as we're talking, I just happen to reach over
because things, things aren't where I need them on the computers,
not my computer, cause my computers work can find on
the old Windows machine. And I realized, oh I don't
have a mouse, Dragon, I can't find the mouse. I'm
literally begging Dragon, now.
Speaker 4 (13:58):
Do you see it?
Speaker 2 (13:59):
Right? I'm scrolling. I can't see it? Do I see it?
Am I going blind? Where's itsen? Right now? Now? And
now we're both beginning the panic because now we're at
like six fifty six something.
Speaker 4 (14:10):
But just frustrated, well yeah, panic's.
Speaker 2 (14:13):
Not the right word. Just frustrating because you come in here,
and I'm you know me, when I come in here, boom,
I'm ready to go. I've got four hours. I've got rambam,
thank you mam, things to do and then that kind
of stuff.
Speaker 3 (14:25):
And I will say to those that have texted in
an email then saying, hey, just replace the mouse.
Speaker 4 (14:29):
Well, it's not that easy.
Speaker 3 (14:30):
The box to that machine, to that computer is five
floors beneath us. We're on the fourth floor. That box
that the computer is is in the basement, is in
the basement, right, So there's a junction box that leads
into there, and there are three separate PCs that are
in there that all have different junction box. And let's
(14:51):
not forget mics. Uh, and then the the little turrets
that the the on off button is for the mics
as well as the program.
Speaker 4 (14:58):
I mean, there's just so.
Speaker 3 (14:59):
Much electronic and wiring underneath that console. It's it's literally
a rats nest. I should take a picture.
Speaker 2 (15:06):
You should, because it is a rats nest.
Speaker 4 (15:10):
That simple.
Speaker 2 (15:11):
And then even better than that is it's a wired mouse. Yeah,
it's wired.
Speaker 3 (15:15):
I would prefer you trust me. Over across the hall,
they've got wireless. And when that battery dies, what are
they gonna do.
Speaker 2 (15:24):
Wa you go to the office supply room and get
batteries to replace the batteries.
Speaker 4 (15:31):
Of course, Yeah, we've totally got one of those.
Speaker 2 (15:33):
That that cabinet that had stuff in it disappeared years ago.
There was a cabinet that had batteries in it, that
had you know, legal pads in it, had eat pins
in it, had stationary, had everything you could possibly make.
You know, it was an office supply cabinet that's completely disappeared. Yeah,
you're lucky, if you you're lucky that we get office
(15:54):
depot to make sure there's a delivery of some I've
actually gone out here to the reception area to get
an office depot box of paper to go.
Speaker 3 (16:02):
Fill the dude, we straight up gone mad Max Thunderdome
for you know, just one ream of paper.
Speaker 2 (16:08):
Oh we have we have.
Speaker 3 (16:10):
We'll go down to the third floor and be like,
all right, I started breaking up with stealing paper.
Speaker 2 (16:13):
From where people put it out. In fact, if our
key cards still work for the new company that's on
the second floor, we would go into their offices and
steal paper if we had to. Yep, that's how desperate
we are. The vagaries of It's just fascinating to me
because it shows the dependency we have on a a
(16:35):
our routines of how we do things, uh, the dependency
on electronics, which is always fascinating me. Because again this
morning I heard the hurricane everybody's been talking about. I
actually heard a reporter talk about he was standing on
the beach and how oh it's beautiful out here. Oh well,
(16:56):
you've been telling us for days how awful is going
to be, while the experts were telling you, hey, this
thing's going out in the Atlantic. You're going to get
a little bit of you might get a little higher
tide than usual, you might get a slight storm surge.
Of course, you're going to get the thunderstorms that you'll
spin off the outer bands of a hurricane. You're going
to you're going to get those. And we're told, you know,
(17:18):
as as somebody told me yesterday, it's Peter Boyles that
always used to use the phrase danger weather, and that's
exactly what we've been having for a week. And then
this morning it's like, well, here we are, and so
they've got their their live shot of a guy standing
on a beach where it's well kind of nice, be
a nice morning for a walk on the beach. I
(17:39):
wouldn't get in the water because of the reptides. But
nonetheless it's still a nice day for anyone.
Speaker 3 (17:43):
For us here in Denver, near record breaking temperatures, near
record breaking near near.
Speaker 4 (17:52):
You need to be sunny in ninety five and it's
middle of August in Denver.
Speaker 2 (18:00):
I do admit sometimes when I see that the weather
in say Aspen or Basalt or something is ninety degrees,
that I would consider hot, because if i'm you know,
if I'm at nine thousand feet ten thousand feet and
it's ninety degrees, you know it's kind of hot. See
now I can see, I hear the bed, and now
(18:22):
I see the progression. I have nineteen seconds, eighteen seconds,
so I know precisely when I can stop talking, and
it runs smoothly. So now, thank you, iHeart. We've completely
wasted a total segment trying to make things work. So
we'll just pretend that we're starting at six set. We'll
starting at six thirty. At six or six or six,
Mike and Dragon, what the hell? What's going on over
(18:45):
there in Denver or across the continent? Shall we say?
Why don't you just play best of Michael Brown, be
done with it, go home for the day. I think
we will all give you a break on that. What
the hell are you eating?
Speaker 4 (19:01):
What are you do? It sounds like he was walking
on like a gravel path.
Speaker 2 (19:05):
Oh is that what it was? Okay? Well, in my
little earbud, it sound like he was like he was
eating potato chips and talking at the same time. Now,
I don't want to pick on Goober number seventy five
seventy two. In fact, let's let's see if Goober seventy
five to seventy two has sent us other messages before real.
Speaker 3 (19:22):
Quick going back to his thought of playing a best of.
Speaker 2 (19:27):
Or a replay, do not say what I think you're
going to say?
Speaker 4 (19:30):
Yeah, I do have one? Oh you do?
Speaker 2 (19:33):
Right? Okay, Well that's not what I thought you were
going to say.
Speaker 3 (19:36):
Do you do you want to know when it was
recorded into the system the last time it was updated? Yeah,
July nineteenth, twenty twenty two.
Speaker 2 (19:48):
Can you tell what the topics are?
Speaker 3 (19:50):
No, it just says, you know, Michael Brown backup show
hour one, segment two.
Speaker 2 (19:54):
Oh, do you think maybe we have to update that?
I don't know that might I don't make those calls.
I don't do you make those.
Speaker 3 (20:02):
Calls or just I suppose I could, and I mean
I have admin privileges and I can update them.
Speaker 2 (20:09):
Yeah.
Speaker 3 (20:10):
The hard thing is that these are everything you talk
about is damn near topical, So whatever, it would just
be relevant to that time.
Speaker 2 (20:20):
Right, I don't do a lot of Well, I suppose
generally the subject matters are ever green because we talk
about a lot of things that are ongoing, but topically
it tends to be pretty contemporaneous with what's happening in
the news.
Speaker 3 (20:34):
Do you want to hear some of it? No, I'm
not slightly curious. Huh, I'm slightly curious.
Speaker 4 (20:40):
I don't well.
Speaker 2 (20:41):
That you can do that and tell us later. I
want to go to this text message, all right, because
this is you know how we always talk about you
must be new here. Well, I think seventy five to
seventy two must be new here. But I've checked. No,
he has several at least just on the first page.
He has sent us several text messages, so he is
(21:04):
not new here. But he writes Here's the other reasonhy
I know he's not new here. Mike or Michael is
how he begins the text, so you know he's a
smart ass. If you want blinds that work in all caps,
put in a ticket. And to your response was what
(21:24):
we have, we have, we have, and we have, and
we have.
Speaker 3 (21:32):
It only took six months to get light bulbs. And
those are what a couple of bucks apiece. I wonder
how much and fifty dollars blinds are going to take?
Speaker 2 (21:40):
Right? And then I can't. I just want to say
the Gouber number seventy four to thirty one. I can't read. Well,
I'll just read the first part right now. This show
meaning the crap we were just doing because we couldn't
get things to work. Right now, this show is still
better than the current version of another.
Speaker 4 (21:59):
Show's a haul same time.
Speaker 2 (22:03):
Well, yeah, it could be behind us, Yeah, it could
be behind us. It can be over there. Uh. And
Dragon came in here during the break and took some photographs,
so we are you gonna put those up?
Speaker 4 (22:16):
Yeah, I'll put it at Michael says, go here dot com.
Speaker 2 (22:18):
So sometime later in the program, depending on when you
get it done, I truly do want you to see
what he described as a rat's nest.
Speaker 3 (22:27):
And pick the right cable, pick the right one. Just
go ahead, go ahead, good.
Speaker 2 (22:31):
Yeah, yeah. So when you tell dragon, we'll just pick
the right cable and just you know, exchange out the mouse.
You look down there and you tell us which cable
it is. That's great. Let's get to the story about
the Colorado's Son because again, you know, I hate to
say it pisses me off, because it doesn't piss me off.
It's just like, really, how stupid do does the State
(22:56):
of Colorado or a company like Excel Energy think that
their taxpayers and their rate payers are? And then I
wonder how stupid the Colorado's Sun thinks that we are.
Based on the way they've written this story, I want
to read part of it to you, and then I
want to analyze part of it. The story the headline
(23:19):
is Excel Energies building boom, search for profits may send
Colorado electricity bills soaring. Excel has to search for profits.
Every time I write a check to Excel Energy, that's
a profit, not one hundred percent. I know they have costs,
(23:41):
they have embedded costs, they have emergency costs, they have
capital costs, they have overhead, just like everybody else. I
understand that, But you are a regulated monopoly and so
you know what your costs are. Now if you are
in a engaged in a building boom, then you go
(24:04):
to the Public Utilities Commission and say, we need to
repair transmission lines, we need to extend transmission lines, we
need to build more capacity, whatever, and so for that
we need a rate increase. And then there's a negotiation
going on and probably some payoffs and whatever, and they
figure out who's going to get what, and then you know,
(24:25):
the PUC agrees to the rate increase, and then you
and I end up paying for it. Oh what you know?
Have you ever thought to yourself why we don't have
competitive electrical providers some states like like I think Texas
does now. I don't know what their average TILLAWAP per
(24:46):
hour rate is. Somebody might, if you want to look
it up and tell me that'd be great compared to Colorado's.
But it seems to me that having this regulated monopoly
is way out of date. I know there's a lot
of capital costs in building a power plant, but if
(25:07):
you could build a new power plant, and even if
your rate was only slightly less, I might choose you,
which would give you more money, and you could you
could grow you could start as a startup power supply company,
and you could grow and grow and grow and grow.
The subhead of the subhead on the Colorado Sun story
(25:28):
is excels is set to spend more in Colorado than
any of the other seven states it serves, and will
want a good return on that money. Well define good
for me. Yes, you deserve a rate of return if
you're going to expand capital to expand your generation capability
(25:51):
in the state. Here's the first paragraph. Are you sitting down,
Swallow your coffee, Swallow your bacon. If you're in your car,
grip the wheel with the steering wheel with both hands
because this should wake you up. Excel Energy customers are
facing the risk of their electricity rates doubling or tripling.
(26:19):
That's two times three times what it is today, as
the company launches an unprecedented spending plan to build new
generation and transmission and feed power hungry data centers. Now
I confess ignorance here. I have not heard, and there
(26:41):
may be, but I have not heard of any particular company.
Meta X or Nvidia TSMC is not coming here, but
I've not heard the chip manufacturers. But I've not heard
of any giant data centers you know that take you know,
(27:02):
a square mile of an entire section of land I've
not heard of. You know, farmers out there or ranchers,
you know, all excited because they have a chance to
have a data center put on their property somewhere, and
they're going to make millions of dollars selling that land.
So I call bull crap on they need to expand
(27:24):
because there are data centers being located in the state
of Colorado. Now, I don't care about Nebraska or Wyoming
or Texas or anybody else when it comes to Excel.
I know they serve seven different states. I don't care
about the six other states. I care about Colorado because
I'm a rate payer in Colorado. So I want to know, Excel,
what power hungry data centers are you spending money on
(27:47):
that you need all this capital investment such that you're
going to double or triple our residential rates. There's one
point six million customers of Excel. Now they say they're
going to invest twenty two point three billion dollars in
Colorado over the next seven years, and that's more than
(28:11):
they're going to expend in any of the other states.
The so called rate based upon which their rates are set,
is going to go from eight billion this is based
on their electrical assets, is going to go from eight
billion in twenty twenty one to thirty six billion in
twenty twenty nine and more than forty four point six
billion dollars in twenty thirty two, according to the filings
(28:34):
they made with the PUC. All right, now, obviously I
just saw the story last night, so I've not done
any full yer requests or CORA requests. I've not dug
in to see if I can find any online information
about you know, what is or what are the things
they are doing for their capital investments. I'd like to know,
(28:56):
as would I think. The Chairman of the Public Utilities Commission,
Eric Blank, is reported as saying I cannot get comfortable
approving anything like that level of resource need and investment
the company is seeking. That just seems like an enormous
increase it is. So listen, mister Blank, get off your ass.
You should be asking to do what now. There's this
(29:21):
little statement in the Colorado Suns story that questions and
then there's a paragraph that I want to tell you
about that. Well, government's the problem. Not better than Glenn Beck.
The bite me just bite my ass if you want
(29:47):
to go. And no, I'm not going to say anything.
I'm gonna be nice. Excel Energy makes money off spending money,
which is not on you. I mean, you know the
old saw that you have to spend money to make money.
But they are able under existing PUC rules to increase
(30:10):
their rates based upon their capital investments, and their capital
investments are based upon what I believe to be unrealistic
growth expectations. Much like pair of the Public Employees Retirement Association.
You know how they they have their investment funds, which
(30:33):
is where they get their money, their additional revenue in
addition to what people pay in. They invest that money
you know, from teachers, firefighters, everybody else, and then they
use that investment income to pay the retirement benefits to
those public employees. Well, the way they try to maintain
(30:53):
a almost a double set of books is they don't
literally do that, but they strap laid out that they're
going to have an amazing return on their investments. That
there ROI on their investments is going to be twenty
two percent. They have anti Pelosi like returns on their
investments when really you know, the market is up, you
(31:16):
know let's just say the market's up ten percent. They
they estimate that the market will be up, you know,
twenty five percent. And so they got they got plenty
of money. We're not anywhere near and solvent, which is
all bull crap. Well, Excel does the same thing. They
they expect eight percent growth in electric sales for the
(31:39):
next five years and that that will double by the
year twenty thirty four. Well, the PUC says that that
is as much as forty times above historical growth rates.
In other words, it's unrealistic. And there's a couple of two.
There's two more points in this story that I want
to make, just to remind you that at the heart
(32:03):
of most of our problems is either federal or state government.
That's next