00:03:38.560So next, we are going to check in with our newsroom.
00:03:42.420We're going to do this every day. The Western Standard, I mean, this is part of this show.
00:03:46.200We're integrated with a newsroom. We do breaking stories, live stories, and of course, we've got
00:03:52.320columnists and we're covering things all over. So I've got Melanie Risden from the newsroom
00:03:56.580checking in with me today. How are you doing, Melanie? Good, good. How about you?
00:04:01.660Oh, very good. A fun new show to kick off. I've got a whole new audience to reach out to.
00:04:05.760If I'm not triggered, I will trigger them. You will. You're good at that.
00:04:11.340Yes. So yeah, you want to do a little bit of a touch on what's happening in the news right now.
00:04:18.140One of the stories that has been getting a lot of clicks is, and it's been trending now for four
00:04:25.180days, it's the story about Justin Trudeau calling unvaccinated people racist and misogynistic
00:04:34.140extremists uh we covered that story a few days ago um and it looks like we also have us we have
00:04:43.740a letter uh that was written uh sort of a letter to the editor that was written in response to uh
00:04:49.900to trudeau sort of shaming him for for what he's calling racist and misogynistic um but yeah that
00:04:57.100seems to be that seems to have I would say ticked off quite a few of our readers for sure. One of
00:05:07.100the other stories that is getting a lot of traction right now is from one of our columnists Linda
00:05:12.620Slobodian. She did a column on a CBC reporter that recently quit the CBC and you know discusses
00:05:22.060at length why why she decided to leave and and the things that this reporter was was experiencing at
00:05:29.820CBC and and uh how the stories were sort of moving away from uh what was important to Canadians and
00:05:38.380um yeah that was uh that was a pretty interesting turn of events I think and probably didn't uh
00:05:46.060bode very well for CBC's audience for sure. Yeah, go ahead. Carry on. No, I'm going to be talking
00:05:55.780at length and I'm sure our listeners, if we want to talk about triggered, I mean, Trudeau has
00:06:00.000certainly triggered people. I mean, you can have different opinions, you know, you can differ on
00:06:04.620these things. You can even get emotional about them, but that gross blanket layering of calling
00:06:08.880them misogynists and racists and extremists is just beyond the pale. It's no wonder that story
00:06:14.500has stayed at the top with us for some time. Well, yeah, it's really, it really creates
00:06:19.460divisive nature, right? Within, especially coming from our top leader in the country. It seems
00:06:26.580an interesting choice of words, certainly. We're also looking at a story that just developed out
00:06:35.060of Kelowna, BC. Of course, we know a couple of weeks ago, Dr. Bonnie Henry and the BC government
00:06:40.720did bring in some new restrictions and sort of further locked things down.
00:06:46.300One of the things that they brought in was the restriction for gyms to close.
00:06:50.600However, we have a story up right now out of Kelowna where there is a BC gym called,
00:06:55.780I believe it's Iron Energy, and they are staying open.
00:07:00.160They're bucking the calls to have gyms close.
00:07:05.000Their argument is we're here to help our our patrons and our customers deal with, you know, mental health and stress issues.
00:07:14.660You know, I think a lot of people can argue that that working out and staying physically active is is good for the mind, not only the body.
00:07:26.880They've actually asked their, based on the story, they've asked their gym users to come with their phones and make sure that if anything's happening, if there seems to be, you know, any kind of law enforcement outside or whatever, they really want to make sure that they have all sorts of means to document what's happening and make sure they're encouraging their participants and their users to record anything that comes up while they're at the gym or coming to the gym or
00:07:56.880what they're seeing happening. So that's another one. And then of course, this afternoon, we've
00:08:03.140got a couple of health updates coming from not only the BC government, which we'll be covering,
00:08:08.800that's happening at 2.30 our time. And we'll have an update from our provincial government,
00:08:13.840from Kenny and Dr. Hinshaw. That one is scheduled for 3.30 and we will have the watch
00:08:19.680on our website for that one as well. Great. Well, just to remind everybody with those stories that
00:08:25.020Melanie touched on and I'm certain others that'll be breaking as they come along, Dave and
00:08:29.500Eva and the rest are all working in the newsroom. Go to westernstandardonline.com and you can see
00:08:35.600these things in detail as they break are the ones that have come up. So thanks for joining me and
00:08:39.560I'm certain we'll be talking again soon as more things break, Melanie. Sounds great.
00:08:45.840Great. And yeah, Cheryl pointed out one of the commenters, Cheryl Dawn, with Trudeau's statements,
00:08:50.660He said, Trudeau said it in French, hoping there'd be no bilinguals in Canada.
00:08:54.720Yeah, there are more people speaking French than they'd like to admit outside of Quebec.
00:08:59.240Bridget's asking about something with Quebec's Indian lockdowns and bringing in 300 Canadian forces to help with booster rollouts.
00:22:20.100She said the federal government had no intention
00:22:22.800of raising its carbon tax beyond 11 cents per litre.
00:22:26.740Of course, we found that out to not be true.
00:22:29.820But also, the Conservative Party leader, Aaron O'Toole,
00:22:33.000has been a complete flip-flopper on this issue.
00:22:35.320When he was running for Conservative Party leadership, he promised us he would fight carbon taxes.
00:22:39.880He promised us he wouldn't put a carbon tax in of his own.
00:22:43.900But then he did a complete 180 just before the last election and decided one day that he would, in fact, hammer Canadians with a Conservative Party carbon tax.
00:22:53.580Well, there's that reminder that as much as the Canadian Taxpayers Federation is speaking on taxes and small government, you're nonpartisan.
00:22:59.480you will call them out no matter what party it is if they're abusing taxpayers and not keeping
00:23:05.240true to their word. Yeah, that's absolutely correct. Now, let's talk about another politician
00:23:10.500who hasn't exactly been true to his word a little bit closer to home for you, Corey,
00:23:15.160and that's Premier Jason Kenney. Remember when he was riding that blue Dodge pickup truck from
00:23:21.800provinces north to the province of south? What was he promising? Essentially, he said that he
00:23:27.580would balance the budget or fix the province's finances without raising taxes. He also doubled
00:23:33.560down on that just before his first budget. But in his first budget, he did in fact increase taxes
00:23:39.940through a sneaky form of income tax hike known as bracket creep. Now, bracket creep happens when
00:23:45.420governments stop moving their tax brackets with inflation, and then inflation can automatically
00:23:50.700bump taxpayers into paying a higher tax bracket, even though what they can actually afford to buy
00:23:56.260hasn't increased. Now bracket creep again is going to cost Alberta taxpayers more money in 2022. It'll
00:24:03.120cost you anywhere between about 40 bucks all the way up to $141 this year alone. But the problem
00:24:09.620with bracket creep is that it adds up over time, over time. So if you go back to 2020, the total
00:24:15.840cost of bracket creep for each Alberta taxpayers is about $105 all the way up to $300. It's such
00:24:23.820a sneaky form of income tax hike. Yeah, I believe actually the Klein government relied on bracket
00:25:18.540back then well guess who was maybe the best spokesperson bashing bracket creep during those
00:25:25.040days jason well well yes um dr milky has done some great stuff but but but kenny as a reform
00:25:34.540party member of parliament i think back in 97 wrote a scathing column in the calgary herald
00:25:41.100bashing bracket creep he called it uh paraphrasing but a a regressive and hidden tax grab so where
00:25:48.520is that Jason Kenney when it comes to income taxes? So long story short, Corey, of course,
00:25:54.340we would support income tax reductions. And we've been pushing Kenny to remove his sneaky bracket
00:25:59.600creep income tax hype for years now. Yeah. So you're here and you were talking all things
00:26:05.340tax. Here's a bit of a confusing one or a complicated one. A commenter, Tony Hoffer,
00:26:10.540pointed out, he says, speaking along imported oil being carbon tax exempt. I think that one's a
00:26:15.200little trickier. I mean, once it's consumed here, it'll definitely, whatever that final product is
00:26:19.460still going to be hit with those taxes when it gets to the consumer and the retailer. But I think
00:26:24.540there were some downstream exemptions and things like that when it came to producers from outside
00:26:28.440of the country, like our oil sands are certainly getting a good deal of emission caps and carbon
00:26:32.420taxes and things applied. But if it's coming up a tanker up in St. Lawrence, I think they skipped
00:26:36.720some of those taxes. Yeah. You know, Corey, I don't have all of the technical details on that
00:26:41.520for use. But one thing that we have heard politicians discuss federally are the potential
00:26:48.260for these carbon tax tariffs, right? Charging carbon taxes on products that come from places
00:26:55.520that don't have the same type of carbon tax that Canada does. The problem is, is who ends up paying
00:27:00.820for that tax at the end of the day? Canadian consumers, right? So in a sense, you're definitely
00:27:06.140shooting yourself in the foot there. And I mean, look, I think maybe the key economic issue facing
00:27:13.280Canadian families is inflation, the rising cost of living. And the last thing that we should be
00:27:19.200seeing from our politicians is making life less affordable through these higher taxes. You know,
00:27:24.280when are we going to hear politicians talk about actually reducing the tax burden and leaving a
00:27:28.640little bit more of our own money in our pockets? Well, we'll get on to that question I always lead
00:27:33.880to when we get to this, we know all the taxes we don't want to see anymore. But people, the question
00:27:39.040they hit you with all the time, of course, is where are we going to cut the spending? Because
00:27:41.760the government has to spend less. I mean, if we're going to take in less, we have to spend less.
00:27:46.680Where are you proposing we start to take away some of the government spending?
00:27:50.940Well, look, I know that's a big question. Yeah, I mean, it'd be easier, it'd be easier for me to
00:27:56.400say where not to reduce spending. But all kidding aside, let me just provide a little bit of context,
00:28:01.920which I think will shine a light on this overspending problem that we've seen
00:28:05.520by the federal government. Now, we've heard of this massive amounts of pandemic spending come
00:28:10.980from the federal government, but there's a first thing that you have to remember is that even in
00:28:15.9602020, the majority of the federal government's spending was not related to COVID-19. But then
00:28:21.960also before the pandemic, the federal government was already spending all-time highs, even adjusted
00:28:28.420for inflation and population, which means that before the pandemic, Trudeau was spending more
00:28:33.400than the federal government did during any single year during World War II. So when you think of
00:28:39.000that context, I mean, certainly we should be able to find savings every single area of the budget.
00:28:45.580Yeah, no, and a valid point that this isn't something new. You know, you're absolutely
00:28:51.920right. This was going on well before the pandemic hit. The pandemic just massively exacerbated it.
00:28:57.220So, I mean, I hope that, you know, when maybe when the time comes, we've got to start backing off on the pandemic measures eventually.
00:29:05.240I mean, it's just a physical impossibility to keep going the way we have.
00:29:09.560Maybe they'll they'll shave some of the areas on us at that point.
00:29:14.000Well, let me give it. So, so, Corey, I mean, essentially, we need to see our governments and really it's all levels of government and many different governments across Canada take a two prong attached or approach to finding savings.
00:29:25.680Number one, as I mentioned, we should be seeing savings across the board.
00:29:29.720But number two, I mean, here's some specifics.
00:29:32.120First, you got to start with labor costs, right?
00:50:37.280There was a news clip that you probably saw recently with some safety officers ejecting some homeless people from an LRT station in cold weather.
00:50:45.900And everybody felt terrible because, yeah, you step outside in your driveway, you know how cold that is.
00:50:49.260You don't want to be tossed out and you don't want to think of somebody else there.
00:50:51.560But at the same time, they are LRT stations and commuters and people feel very uncomfortable and they're having some crimes committed.
00:50:58.500They're not appropriate for people to be as a warming space or living space.1.00
00:51:02.200So what do we do with those displaced persons?0.99
00:51:04.500and that's where the discussion is right now i guess is it oh exactly that i mean it's it's it's
00:51:09.380you know how to say very disconcerting to see something get thrown out on you know minus 30
00:51:14.500degrees so it's just the same uh we had 297 apartments uh frozen out as a result people
00:51:20.420on the on the streets we had to quickly get into hotels and that so it's never good to see that
00:51:24.660situation but the flip side of the equation as a city we have a responsibility to do it right and
00:51:30.100that's the thing that i've been trying to do especially during christmas time do the right
00:51:33.540things do it the right way and that really means getting all the different partners all the
00:51:38.660services and all the different uh law enforcement groups to work together with one common objective
00:51:44.660and number one let's be human about how we do things but secondly let's whatever we do let's
00:51:49.780make sure it's a situation doesn't repeat itself again and that's uh that's going to be one of my
00:51:54.180focuses going on 2022 is how do we bring the different agencies the different services and
00:51:59.780and the different law enforcement groups together with a common outcome and a common sort of focus
00:52:04.780on how to get there without making it repeatedly hard for everybody.
00:52:09.900Yeah, well, and there's been some conflict already, and I got a feeling we're going to unfortunately
00:52:14.320see more of it. I believe there was a column out there about that today. Between the police
00:52:18.860service and the mayor, I guess some of it's philosophical almost. I mean, I understand.
00:52:23.940We don't want to see the police going out with truncheons and going after homeless people,1.00
00:52:28.720And we worry again about the racial aspects, but at the same time, we do need police, especially when we have this many troubled people.1.00
00:52:37.400You need that for people to feel safe.
00:52:38.780You do need it to de-escalate dangerous situations.
00:52:41.760We know that, you know, sometimes it'd be better to have a trained counselor than a police officer, but sometimes you need that darn police officer.
00:52:49.580And we're hearing that morale is terribly low on the force right now, which I think could lead to more dangerous situations if you have an officer who's not feeling very good about themselves or their jobs.
00:52:58.980So, I mean, going forward, that atmosphere you're going to have in council, because I mean, this is just speculative on my part, but I got a feeling you're going to have another kind of defund push coming into there sometime in the next year or so.
00:53:10.220And how will you be able to productively respond to that?
00:53:13.180Well, I think what we're going to try to do is head it off at the past, meaning that yesterday I had a good meeting with Ward 8 Counselor Corey Wolcott, similarly with Ward 9 Counselor Jean-Carlo Crawl.
00:53:25.200And the fundamental is we want, as I say, to be in a humanistic sort of way that however we treat our people, that we do it in a way that's not repeatable.
00:53:33.620In other words, that instead of pushing them out of a tent into a street, we find a place to take care of them.
00:53:40.620uh and so they don't go back on the street when you talk about defunding the police i think a lot
00:53:45.420of people who are i say again um whether it be mental health issues or drug addiction issues
00:53:51.020or whatever case may be they want police support just as just the same as you and i they want to
00:53:56.180make sure that you know that uh people are not preying on them and god knows in our encampment
00:54:01.360areas and even our drop-in centers there are predators out there who want to prey on the
00:54:05.940vulnerable vulnerable people and try to get them addicted on drugs and get them you know be uh
00:54:10.380human trafficking, whatever the case may be.
00:54:12.320So they need police there just as much as you and I.
00:54:15.220The question is, how do we get, again,
00:54:17.480our agencies and services and our law enforcement
00:55:36.920and and uh when we came on council this whole new council came on in october we were assigned to
00:55:43.300different committees to you know to take a look at you know how calgary's uh both spending its
00:55:47.840money and achieving our programs we have a osif uh uh committee and we have one of our council
00:55:53.080members assigned to it and their focus is to do exactly what you just said make sure that the
00:55:57.980the remaining 60 million dollars that are out there is allocated in the right sort of way to
00:56:02.460to have the the not only the benefits we want but also that they are going to be successful
00:56:07.900so um you know we are looking at that through the osa funding i sit on the calgary convention board
00:56:13.500we are taking a look at the calgary convention board in light of the new bmo convention center
00:56:18.140and making sure that you know there is no wastage but rather we opportunity opportunize
00:56:23.100and take advantage of every single asset we've got out there making it to make it done right
00:56:27.580i think what you're going to find with this council is nothing is status quo anymore we are
00:56:32.780definitely taking a look at you know what's out there and do they fit together and if they fit
00:56:37.020together are they operating correctly and if not then we will you know turn it over and fix it i
00:56:42.220i know i've got a commitment from mayor gondack and my council members to uh to ensure we we do
00:56:47.100it the right way okay i'm gonna bounce over again a little bit here just two uh jurisdictional
00:56:52.700issues this somewhere i've had some concern uh i mean there's been a lot of discussion bill 21
00:56:56.540in Quebec, it's an odious bill. It's a discriminatory bill. The only thing that
00:57:01.080keeps them from having that completely thrown out in court is the fact that the notwithstanding
00:57:05.100clause protects them from charter challenges. I guess there's other legal challenges that
00:57:08.740potentially can be done. And I know it's been deferred without necessarily spending on,
00:57:14.380so it's gone to a committee or a group to look at it at this point. Initially, Mayor Gondek had
00:57:19.480proposed spending $100,000 for a legal challenge on that. I think most people understand,
00:57:25.500And, you know, city mayor and council condemning actions outside of their jurisdiction and making motions to take a stance.
00:57:32.200But to get directly involved in legal challenges, you know, completely out of our jurisdiction like that, is that appropriate?
00:57:37.720And how are we going to stop more of these going forward?
00:57:40.200Because you guys got a heck of a lot of stuff to do without fighting over what's going on in Quebec.
00:57:43.800Well, I think, you know, I think most people are going to agree, as just said, Bill 21 in Quebec is not the right sort of society that we want in Alberta here.
00:57:54.500as a result people are you know fighting against it however the question gets back to you know how
00:58:01.060much can we actually control versus influence versus uh keep your hands off of and i think
00:58:06.260from our perspective we can only influence the ideas we can't control what's going on out there
00:58:11.700so the the notion of of putting a statement out there outcry that's fine the notion of dedicating
00:58:18.580city resources and city dollars to it that's where we're hearing back from a lot of constituents that
00:58:23.380No, $100,000 may be a drop in a bucket, but that's a bucket that could be used somewhere else.
00:58:29.680And so the idea of spending $100,000 of city money is likely something that will not be found favorable when it comes back to council.
00:58:41.740I tell you, if you want to get one of the things that gets me triggered, as per the name of the show,
00:58:45.280it's when we hear any elected official try to dismiss an amount of money and just saying, oh, it's just a little bit.
00:58:49.480I know that, you know, there's no sense bringing them up too often, but our past mayor used to love saying, oh, it's just a cup of coffee a day for every Calgarian.
00:58:56.520Well, yeah, I know, but this still adds up to millions of dollars at times and even $100,000 to those of us out there in the working world.
00:59:05.500And we could see some very practical things from that, even if it feels like a drop in a bucket in something as large as a city the size of Calgary.
00:59:12.960You know, I hope that more of our elected officials would always watch and realize there's no amount that's too small to be watching on our behalf.
00:59:19.960So getting to that, there was something that during Mayor Gondek's year end interview, one of them, she had spoken of potentially tying property taxes to a progressive model so people would pay based on income.
00:59:37.960I think she was just floating an idea balloon.
00:59:40.180I don't know if that's come across to you guys or anything like that yet.
00:59:43.680But it just sounded like, for one, a complicated potential scheme,
00:59:48.360as well as one that's moving into an ideology sort of area of wealth redistribution rather than tax raising.
00:59:58.900Yeah, as a matter of fact, I have heard.
01:00:00.580And something that came up during my campaign in one of the maritime provinces there,
01:00:05.600They struggle to save property tax issues that everybody else does, and that is why we tax people on the wealth of their assets as opposed to whether it be the services they utilize or their capacity to pay.
01:00:19.020And in the Maritime province, and I believe it's in New Brunswick, what they've done is to cap the property tax at one particular level and start shifting their focus on a provincial income tax approach.
01:00:32.640meaning that if the provincial income tax let's say was 10 percent the municipality would make
01:00:38.120a requisition to tackle one percent on the provincial income tax and that one percent
01:00:43.060would come back directly to the municipality now by doing that it gets focused on those that can
01:00:49.140have the income have the affordability to pay pay for the one percent they pay more those that are
01:00:54.340unable to whether it be low incomes or seniors on fixed incomes and that that that they're not
01:01:00.680bearing the increases of cost of service or inflation uh but rather they're bearing the
01:01:05.800cost of what they can afford so that is just a another way of looking at it uh the whole world
01:01:12.360of municipal taxation is is um quite a quandary because from a provincial perspective there's
01:01:18.760only so much the provincial legislation allows us to do and and from a i say being an innovative
01:01:25.320approach and as you as you know i spent you know 12 years in assessment taxation area at the city
01:01:30.680There are other approaches to look at, and if we take a look at what model fits both their capacity to pay and the services that you receive, that I think is the approach that most people would like to consider.
01:01:47.620But it'll take a lot of study and a lot of work before we get to that stage.
01:01:52.360Yeah, well, and that's something that, I mean, mayors for a generation, I mean, the property tax system is a limited and rigid one.
01:02:01.080And it's one of the only ones available to municipalities, along with perhaps service charges and fees as revenue generators.
01:02:07.600But I think part of the problem is there's a lack of trust.
01:02:09.740We don't open the door to giving a mayor and council the ability to implement a sales tax or, you know, get unrestrained access to income for income taxes because we fear they're really going to hit us hard with it.
01:02:23.160Part of it, too, is if we shifted the means of collecting, that's fine.
01:02:30.780Actually, you know, the fundamental question in municipal finances, people will always say, you know, what's the best way to calculate the taxes and distribute it equally across, you know, across the, whether it be the tax base.
01:02:45.720And the difficult question is, once again, is it the tax, is it the rate, or is it what we assess?
01:02:55.300And I often say, you know what, it's neither of those three things.
01:02:58.020The most important thing that any municipal government needs to do, and counselors especially, is manage your spending.
01:03:05.040If we take a look at a $4.5 billion corporation and we can keep our costs at $4.5 billion over the next 10 years, I think people would realize, okay, that's fine.
01:03:17.140How you collect it, who you collect it from is a different cutoff fish.
01:03:22.060So the focus I think we need to look at 2023, 2026 is a continued focus on our spending and making sure that we're not adding 10% spending increases or another $500 million on top of what we've got.
01:03:40.360Great. Well, I mean, our time is up for you joining me today. I really appreciate you coming in.
01:03:45.620We'll be looking forward to how things go in City Hall.
01:03:48.280As I said in the intro too, I'll be on your case,
01:03:50.920pushing for smaller government and reduced taxes as much as realistic.
01:03:55.240Is there more you'd like to let our listeners know about what you're up to
01:03:58.660and how to contact you before you go, Terry?
01:05:38.980And I saw some discussion between the Albertans and Shane about that.
01:05:42.760Shane pointing out the training of police forces in Canada is more than what it is in the States.
01:05:46.820And there's always going to be some bad eggs.
01:05:48.260You know, like part of what happens and actually in a valid point for the Albertans, you know, that there's a lot of different jurisdictions and the police training can be up and down.
01:05:56.500You don't necessarily want to blanket cover the police there as well.
01:06:01.600So in both cases, you know, you don't want to cast your net too wide.
01:06:04.280There's things to be learned from all sorts of jurisdictions.
01:06:06.860We do have to, you know, every time one police officer goes off, we can't always attribute that
01:06:11.720to an entire inherent problem within the force. We don't have to condemn the entire force. We don't
01:06:16.460have to ride in the streets. We don't have to lose trust with all of them. I mean, there are
01:06:20.060some issues going on. Look at the Lethbridge police force. I don't know what is going on down
01:06:24.140there, if it's the wind or whatever it might be, but sanity isn't a word that's often attributed
01:06:29.020to that bunch and it's hugely in need of reform. But then we get cases in Calgary where I've found
01:06:33.600most police officers, when I've had to deal with them, if you look back on Cory Morgan Occupy,
01:06:36.880if you want to see some fun, that's where police officers escorted me out of Calgary's Olympic
01:06:42.560Plaza during the Occupy thing. It was quite fun. They were very polite and controlled and civil
01:06:47.040and common sense sort of guys. So we understand and appreciate our police. And we know that
01:06:54.640they can also be damaging to us if the state is pushing too far. So I do want to mention again,
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01:07:10.700money and things. I assure you, alternative media doesn't pay as well as some people might like to
01:07:14.060think it is. But people always accuse me of being bought off or paid by this group or that. I wish.
01:07:18.920Either way, though, Bitcoin Well is an affordable way to have a look and check out and try out
01:07:23.700cyber currencies. You know, look at what they've got. Try out one of those ATMs. They've got a map
01:07:28.780of it. They're all over the city. They're all over the West. These ATMs, you can take, you know,
01:07:32.480if you've got a Bitcoin account, you can take out cash on it. You can set up all sorts of your bills
01:07:36.200to be paid from your Bitcoin account. It's, it's, it's where you're going to start to move away from
01:07:41.580the banks, from common currency and things like that. And onto cyber currencies, check them out,
01:07:47.200bitcoinwell.com. It's a cool site. They even do some training to go with things like that.
01:07:51.900Gets you clear of the government control things. As Bryce said, it fixes bloated government.0.82
01:07:56.380check them out as with our other sponsor, which I'll talk about in a bit. So we've got some time
01:08:02.720together for a little while now to talk about some other things. And I've got some. Let's talk
01:08:08.860about the arena. Let's talk about that giant behemoth that is now fallen by the wayside. I
01:08:14.960believe the stories are saying that what we've got 20 million or 40 million of sunk costs. I'm just
01:08:19.680kind of on the rant portion, so I don't have the exact numbers. There is a story on westernstandardonline.com
01:08:23.560about it. There's a number of them. But again, if you haven't subscribed, get on there, have a look
01:08:28.040at them. But what a mess, you know, tens of millions gone. I mean, my issue is they never
01:08:34.160should have partnered, you know, with private and public in the first place. Either have the,
01:08:38.760and I don't think the taxpayers should anyways, but if they did build it as a completely taxpayer
01:08:42.460to own some facility and lease it out then to hockey teams, trade shows, and all those good
01:08:47.240things, or preferably just get out of the way, build a good market environment and let private
01:08:54.640enterprise build that arena. Now, what are we stuck with? Nothing. Money down the tubes,
01:08:59.820a city council and mayor that have lost the trust with investors. I mean, that's part of the problem
01:09:04.080what's going on. It's not just that this deal fell apart. It's the way it fell apart. The mayor and
01:09:09.800other people felt we can just keep throwing expenses at this thing and these guys will
01:09:13.940keep eating it. Well, eventually they said, no, we're out. I mean, I don't know if she purposely
01:09:18.360torpedoed that thing and I'm meeting Mayor Gondek, or if she really thought she was going to get away
01:09:23.960with just keep nickel and diming these guys. Either way, it was a partnership that never
01:09:27.560should have happened, but it was made official today. The deadlines have passed. It's done.
01:09:31.440It's not coming. It's not coming back. I mean, there may be a push to start a whole new deal
01:09:37.260and that's what I get worried about. And that's why we got to talk a little bit about it now.