WEBVTT 1 00:00:00.200 --> 00:00:01.240 Whether it is l. 2 00:00:04.960 --> 00:00:09.480 Kelly and six. 3 00:00:11.160 --> 00:00:13.800 I'm a Lane Colate and I'm one hundred percent about us. 4 00:00:14.560 --> 00:00:16.839 I'm a builder, I'm a developer, I'm a designer, and 5 00:00:16.879 --> 00:00:21.280 I'm a visionary casinos, hospitals, luxury homes. I've handled over 6 00:00:21.320 --> 00:00:23.440 a billion dollars worth of real estate. If it can 7 00:00:23.480 --> 00:00:24.960 be built, I can figure out a way. 8 00:00:24.839 --> 00:00:25.199 To do it. 9 00:00:26.039 --> 00:00:28.320 Growing up, my father was in the military. He was 10 00:00:28.320 --> 00:00:30.920 a fighter pilot. He flew F one hundreds and F 11 00:00:30.920 --> 00:00:34.679 one eleven's. My father was gone a lot and we traveled. 12 00:00:35.320 --> 00:00:37.799 But children that come from the military that move a 13 00:00:37.840 --> 00:00:41.280 lot are independent and really quick to make friends. 14 00:00:41.920 --> 00:00:44.159 I was able to figure it out being a woman 15 00:00:44.439 --> 00:00:45.520 that was in a man's world. 16 00:00:46.719 --> 00:00:49.280 My dad told me that the most important outfit that 17 00:00:49.320 --> 00:00:50.640 you could put on is confidence. 18 00:00:51.320 --> 00:00:54.719 Undercover Billionaire in Lane Colodia is a builder, interior designer, 19 00:00:54.799 --> 00:00:58.240 and the visionary behind standout projects like Santa Monica's iconic 20 00:00:58.359 --> 00:01:01.000 House of Rock. She also owned Big Z Ranch, a 21 00:01:01.039 --> 00:01:04.599 forty acre working farm supporting local agriculture and direct to 22 00:01:04.680 --> 00:01:08.480 consumer food distribution. While on the Discovery Plus series, Undercover 23 00:01:08.560 --> 00:01:10.799 Billionaire and Lane proved she could build from the ground 24 00:01:10.920 --> 00:01:14.400 up under extreme pressure now, after the devastating Palisades and 25 00:01:14.400 --> 00:01:18.200 Eating Canyon fires, she's leveraging decades of real world experience 26 00:01:18.239 --> 00:01:21.519 to cut through the noise, offering smart, actionable solutions and 27 00:01:21.560 --> 00:01:25.400 calling out leadership failures at every level. She joins us 28 00:01:25.439 --> 00:01:28.599 in the studio as part of our first YouTube simulcast, 29 00:01:28.599 --> 00:01:29.719 and Lane Claude's good see you. 30 00:01:29.719 --> 00:01:30.480 How are you this evening? 31 00:01:30.599 --> 00:01:32.920 I'm oh, my gosh, I'm so excited to be a 32 00:01:33.000 --> 00:01:34.319 virgin guest on your show. 33 00:01:34.439 --> 00:01:36.959 Oh you had to put it in that way, and 34 00:01:37.159 --> 00:01:38.040 we're all. 35 00:01:37.879 --> 00:01:40.359 Hey, well, you know what, I'll take any virgin I 36 00:01:40.359 --> 00:01:40.719 can get. 37 00:01:43.000 --> 00:01:46.319 Let's be fair here. I mean, you know, I'm really 38 00:01:46.359 --> 00:01:48.519 glad you're doing this. So great to stream live. 39 00:01:49.439 --> 00:01:52.319 It's great to have you, and it provides a completely 40 00:01:52.519 --> 00:01:56.879 different i'll say, ethic and energy to it. 41 00:01:56.879 --> 00:01:58.040 It's nice to be able to see you. 42 00:01:58.040 --> 00:02:01.239 It's nice that everyone could see us had this interaction. 43 00:02:01.719 --> 00:02:05.040 You are very familiar, obviously with southern California. What was 44 00:02:05.079 --> 00:02:10.199 going through your mind as these fires were unfurling and growing? 45 00:02:11.080 --> 00:02:14.000 Well, first of all, I was at work and I 46 00:02:14.080 --> 00:02:17.439 was I looked over it. Tim had called and said, hey, listen, 47 00:02:17.599 --> 00:02:20.680 this this thing looks like it's growing really quickly. And 48 00:02:20.759 --> 00:02:23.439 when I saw it and I said, oh no, it's 49 00:02:23.479 --> 00:02:25.159 far away, and he goes, no on lane, it's not 50 00:02:25.280 --> 00:02:29.560 it's close and it's fast. And we didn't even get 51 00:02:29.560 --> 00:02:32.719 a chance to get get anything out. I got nothing out. 52 00:02:33.439 --> 00:02:35.439 I literally had to pick him up. He had the 53 00:02:35.479 --> 00:02:37.719 dogs hit it, go all the way around, and it 54 00:02:37.759 --> 00:02:38.439 was it was. 55 00:02:38.400 --> 00:02:39.759 It, that was it. It was gone. 56 00:02:39.800 --> 00:02:44.080 It's done, it's all over. Whole thing's gone. Altadina's gone, 57 00:02:44.479 --> 00:02:48.800 Pasadena's gone. It's all that whole area gone. Palisades. People 58 00:02:48.840 --> 00:02:51.680 don't even talk about Malibu, Malibous completely leveled almost all 59 00:02:51.680 --> 00:02:52.080 the way to up. 60 00:02:52.159 --> 00:02:54.759 No boot you can't go to, you can't get down there. 61 00:02:56.479 --> 00:02:58.719 When I'm quite sure you knew a lot of people 62 00:02:59.039 --> 00:03:01.120 who lost their house. I'm put sure you knew a 63 00:03:01.120 --> 00:03:04.800 lot of people who had to start over. What were 64 00:03:04.840 --> 00:03:06.439 you hearing from them? 65 00:03:06.719 --> 00:03:09.319 I think, first of all, I think everybody's in shock. 66 00:03:10.120 --> 00:03:12.759 Let's just let's just be realistic. And I really want 67 00:03:12.800 --> 00:03:14.439 to talk about the Palisades because I want I want 68 00:03:14.479 --> 00:03:16.680 to talk about Palisades as in terms of its power. 69 00:03:17.879 --> 00:03:21.520 It's a it's ground zero for sort of the blue 70 00:03:21.560 --> 00:03:27.240 Czech Democrat. You know real California all in voter all 71 00:03:27.400 --> 00:03:31.719 this is this is the government that they elected, that 72 00:03:31.800 --> 00:03:37.120 we elected, and these are the people that change who 73 00:03:37.280 --> 00:03:38.199 gets into government. 74 00:03:38.599 --> 00:03:41.319 This is these are the people that run California. 75 00:03:41.360 --> 00:03:44.560 In the Palisades, it's one of the most expensive neighborhoods 76 00:03:44.599 --> 00:03:48.240 in California. And when you talk about California, that's meaningful. 77 00:03:49.560 --> 00:03:55.919 And now they've all we're responsible for this. These are 78 00:03:56.159 --> 00:04:00.520 our managers of our money, our spatter, our fire to apartment. 79 00:04:01.520 --> 00:04:05.439 It's our choice that we made to be managed like this. 80 00:04:06.599 --> 00:04:10.319 And they are not potted plants. To understand they can 81 00:04:10.439 --> 00:04:14.039 really change things because these people are the people that 82 00:04:14.159 --> 00:04:14.719 change everything. 83 00:04:14.759 --> 00:04:15.120 Anyway. 84 00:04:15.479 --> 00:04:18.600 Let me ask you this, with different politicians, do we 85 00:04:18.639 --> 00:04:21.879 get a different result what we had, a different result 86 00:04:21.959 --> 00:04:22.680 from where you see? 87 00:04:22.759 --> 00:04:25.839 Yes, we absolutely. First all, let me just say different management. 88 00:04:25.920 --> 00:04:28.120 Let's not call them politicians. I don't I think when 89 00:04:28.120 --> 00:04:30.519 you're running for office, you probably shouldn't be doing that. 90 00:04:30.560 --> 00:04:32.759 I mean you should be you should be elected into office. 91 00:04:32.800 --> 00:04:36.000 It shouldn't be something you pay for. And part of 92 00:04:36.000 --> 00:04:37.879 the problem I think is, you know, we've lost we've 93 00:04:37.920 --> 00:04:42.600 completely lost the whole you know, grassroots running for an 94 00:04:42.639 --> 00:04:45.079 office because you know you live in the neighborhood, and 95 00:04:45.120 --> 00:04:47.360 you know your neighborhood, and you know your neighbors. It's 96 00:04:47.399 --> 00:04:50.399 gone away and it's being paid for by you know, 97 00:04:50.480 --> 00:04:53.120 citizens united in corporations and you're and this is the 98 00:04:53.160 --> 00:04:53.800 result of that. 99 00:04:53.800 --> 00:04:55.879 The rubber has hit the road. The jig is up. 100 00:04:55.920 --> 00:04:58.040 The Emperor has no close say whatever you want. 101 00:04:58.399 --> 00:05:02.040 It didn't work, the little speriment, the little democratic experiment, 102 00:05:02.240 --> 00:05:04.480 it did not work. This is a perfect example of 103 00:05:04.519 --> 00:05:06.680 it because now they got to work. They got to 104 00:05:06.759 --> 00:05:09.519 roll up their sleeves and really manage it. And they 105 00:05:09.560 --> 00:05:10.160 can't do it. 106 00:05:10.480 --> 00:05:12.920 Short of waiting for the next election, which is going 107 00:05:12.959 --> 00:05:15.360 to be in twenty twenty sixth in June and twenty 108 00:05:15.399 --> 00:05:15.920 twenty eight. 109 00:05:16.000 --> 00:05:16.600 What have you? 110 00:05:17.160 --> 00:05:23.519 What can Angelinos do now which could help change the 111 00:05:23.639 --> 00:05:26.800 trajectory for the next fire or the next calamity, the 112 00:05:26.800 --> 00:05:27.519 next disaster. 113 00:05:28.800 --> 00:05:32.439 Well, okay, first it's a big question. 114 00:05:32.480 --> 00:05:35.439 But first, the most I think active thing you can 115 00:05:35.480 --> 00:05:41.279 do is register read literally, change your your make your 116 00:05:41.360 --> 00:05:44.560 voice heard, and change yourself from a Democrat or a Republican. 117 00:05:44.600 --> 00:05:46.240 Go on a register and just change it to red 118 00:05:46.360 --> 00:05:49.160 because you will get the attention of absolutely everybody in Sacramento. 119 00:05:49.519 --> 00:05:51.600 I let me jump in there because you talk about 120 00:05:51.639 --> 00:05:54.319 something I talked about. But it's more than registration. I 121 00:05:54.399 --> 00:05:56.920 have been on the Republicans. You got to run somebody, 122 00:05:56.959 --> 00:05:58.920 and you have to run somebody credible. And I can 123 00:05:58.959 --> 00:06:01.160 tell you right now there is no one who is 124 00:06:01.240 --> 00:06:04.720 running for mayor of Los Angeles who is a Republican 125 00:06:04.800 --> 00:06:05.639 as of this moment. 126 00:06:06.519 --> 00:06:09.360 Well, Grick Cruso I think is a Republican. 127 00:06:09.639 --> 00:06:12.319 No he is, but no, no, no, but in mindset. 128 00:06:12.360 --> 00:06:15.000 But since he is a registered Democrat, the Democratic Party 129 00:06:15.040 --> 00:06:17.800 is not going to embrace him. And he and to 130 00:06:17.879 --> 00:06:20.360 the people who are not paying close attention, they're still 131 00:06:20.360 --> 00:06:22.519 going to see a D and not an R. Why 132 00:06:22.560 --> 00:06:25.600 is it the Republican Party is not putting forth a candidate. 133 00:06:25.959 --> 00:06:29.560 Well again, this is this is the reason that Rick 134 00:06:29.800 --> 00:06:32.319 Caruso ran as a Democrat is because he believed, like 135 00:06:32.360 --> 00:06:35.000 everybody believes, you can't win in California, only show a Democrat. 136 00:06:35.800 --> 00:06:38.040 The governor's race is kind of interesting because the governor's 137 00:06:38.120 --> 00:06:40.040 race is a runoff, so it's not run like a 138 00:06:40.040 --> 00:06:42.600 typical race where you have, like you know, basically two 139 00:06:42.639 --> 00:06:45.639 groups of Republicans or three. You have the Republicans, the Democrats, 140 00:06:45.680 --> 00:06:47.560 and the independents, and then everybody gets kind of their 141 00:06:47.560 --> 00:06:50.040 own like little primary, and then what's leftover gets to 142 00:06:50.120 --> 00:06:50.560 run against. 143 00:06:50.560 --> 00:06:51.240 It doesn't work like that. 144 00:06:51.319 --> 00:06:53.759 It's basically whoever gets the most votes against whoever got 145 00:06:53.800 --> 00:06:55.600 the second most votes. Those are the top two, and 146 00:06:55.639 --> 00:06:58.360 then they have a runoff a runoff election. It could 147 00:06:58.399 --> 00:07:01.720 be two Democrats. So there's plenty of time. Funk coming 148 00:07:01.720 --> 00:07:03.639 come up the jungle primary. Yeah, they're coming up with. 149 00:07:03.639 --> 00:07:05.000 They're coming up with They're going to come up with 150 00:07:05.120 --> 00:07:08.240 really a couple of really good Republicans. There's there's going 151 00:07:08.279 --> 00:07:09.639 to come up with a couple of really good Democrats. 152 00:07:09.680 --> 00:07:12.199 Kamala Harris is probably going to run, and it concerns me, 153 00:07:12.360 --> 00:07:15.759 you know, if Rick Carusso does run, and he's got 154 00:07:15.759 --> 00:07:17.279 no chance if she runs, because he's just going to 155 00:07:17.319 --> 00:07:19.680 split it in two and some big Republican will win. 156 00:07:19.959 --> 00:07:20.639 And that's okay. 157 00:07:20.879 --> 00:07:22.600 I just want somebody that's got boots on the ground, 158 00:07:22.839 --> 00:07:26.480 that understands California is not about politics, but rather about resources. 159 00:07:26.839 --> 00:07:29.519 You mentioned resources before we go to this first break. 160 00:07:29.800 --> 00:07:32.839 How did resources play a role or didn't play a 161 00:07:32.920 --> 00:07:36.279 role in the preparation for the fires of the management 162 00:07:36.279 --> 00:07:36.519 of them. 163 00:07:36.560 --> 00:07:37.720 From where you sit, it. 164 00:07:37.680 --> 00:07:39.160 Depends on which one you want to talk about. 165 00:07:39.199 --> 00:07:41.079 But you know, thirty years ago we stopped cutting our 166 00:07:41.079 --> 00:07:42.399 trees and stop cutting our brush. 167 00:07:42.480 --> 00:07:44.000 I mean, it's a thirty year old problem. 168 00:07:44.319 --> 00:07:46.839 It's an environmental idea that you know, we want to 169 00:07:46.879 --> 00:07:49.560 save all these brush, you know, and not cut fire lanes. 170 00:07:50.319 --> 00:07:53.560 It's it's a respectable idea to be environmentally conscious, but 171 00:07:53.639 --> 00:07:56.000 not at the cost of the health and safety of 172 00:07:56.000 --> 00:07:57.560 the citizens that pay for that to happen. 173 00:07:57.839 --> 00:07:59.600 So it's just like it went too far, just went 174 00:07:59.639 --> 00:08:01.079 off the and decided. 175 00:08:01.279 --> 00:08:04.120 You know, they have multiple groups in California that stop 176 00:08:04.160 --> 00:08:06.639 you from building. They have these wildlife groups, they have 177 00:08:06.680 --> 00:08:09.399 open space rules, and the problem is there's no one 178 00:08:09.399 --> 00:08:12.680 to maintain those. So if you talk someone into literally 179 00:08:12.800 --> 00:08:15.160 talk someone into giving up space that you'll give them 180 00:08:15.160 --> 00:08:17.959 a permit and then say, you know, we'll maintain it, 181 00:08:18.000 --> 00:08:19.600 and then no one maintains it. This is what you have. 182 00:08:20.000 --> 00:08:22.240 You have houses that have debris in between them and 183 00:08:22.279 --> 00:08:26.360 it never nobody takes care of it. So those resources 184 00:08:26.480 --> 00:08:28.600 are thirty years old from just being not taken care 185 00:08:28.600 --> 00:08:31.279 of it. Then the water situation, I mean, water's a 186 00:08:31.360 --> 00:08:34.039 completely different problem because in the farming world, you know, 187 00:08:34.080 --> 00:08:36.399 we obviously need water. There's signs all up and down 188 00:08:36.399 --> 00:08:39.039 the ninety nine Freeway everywhere he goes is to Gavin 189 00:08:39.039 --> 00:08:42.080 Dear Gavin A, we are farmers stealing water, Like they 190 00:08:42.120 --> 00:08:44.759 want to know why they don't get water and the 191 00:08:44.799 --> 00:08:47.080 water system and the watershed they've had come up with 192 00:08:47.120 --> 00:08:49.759 all these ideas about stat water storage. All this money's 193 00:08:49.759 --> 00:08:52.240 been poortant into it. There's no water storage. Where's the 194 00:08:52.279 --> 00:08:52.600 money go? 195 00:08:53.000 --> 00:08:54.559 Where's the money? 196 00:08:54.360 --> 00:08:54.519 Why? 197 00:08:54.679 --> 00:08:56.759 Why is it more important to make white wine? You're 198 00:08:56.840 --> 00:09:01.039 using Central Valley grapes anyway, I mean the Rombar Shardonnay 199 00:09:01.080 --> 00:09:02.720 and all the big chardonnays that make all the money 200 00:09:02.759 --> 00:09:05.159 up in the Northern California. They're only required to use 201 00:09:05.200 --> 00:09:08.639 I think like twenty percent of their own grapes. It's 202 00:09:08.679 --> 00:09:11.039 ridiculous they get them all down for Central Valley. 203 00:09:11.279 --> 00:09:13.600 But the argument, I know, and I've heard the argument 204 00:09:13.639 --> 00:09:16.440 is like, hey, we had enough water for the fires, 205 00:09:16.759 --> 00:09:18.879 and the water which was released from the Central Valley 206 00:09:19.320 --> 00:09:22.519 by President Trump would not have impacted the fires. 207 00:09:22.600 --> 00:09:23.919 So where do you come out on that? 208 00:09:23.960 --> 00:09:26.720 How do you separate the water which would be used 209 00:09:26.720 --> 00:09:29.960 for the Central Valley versus the water which was available 210 00:09:29.960 --> 00:09:31.080 for the fires down here. 211 00:09:31.519 --> 00:09:34.320 If all our water's going in different directions other than 212 00:09:34.360 --> 00:09:36.320 the Central Valley and down to Los Angeles in San 213 00:09:36.360 --> 00:09:38.960 Diego County, if we're not getting any water, we're not 214 00:09:38.960 --> 00:09:41.600 getting we don't need storage. It doesn't matter if it 215 00:09:41.720 --> 00:09:44.240 just runs off. We have no storage and there's not 216 00:09:44.320 --> 00:09:46.679 enough money. There's not enough money apparently left to make 217 00:09:46.720 --> 00:09:50.080 storage for water. Water should be stored. It should be 218 00:09:50.120 --> 00:09:52.440 stored for when you have a fire. And so when 219 00:09:52.480 --> 00:09:54.320 they went to open up fire hydrants and they went 220 00:09:54.320 --> 00:09:56.120 to go use water, there's no water pressure because there's 221 00:09:56.120 --> 00:09:59.240 no water because there's nothing stored. They have reservoirs that 222 00:09:59.240 --> 00:10:02.039 are half full or not at all. They have reservoirs 223 00:10:02.039 --> 00:10:04.639 that have holes in their lids, which it's important that 224 00:10:04.639 --> 00:10:07.399 they're not dirty because the water it won't filter through. 225 00:10:07.879 --> 00:10:11.039 Point being is they're not maintained. All of our resources 226 00:10:11.080 --> 00:10:14.320 are not maintained. And it's not just water and are 227 00:10:14.879 --> 00:10:18.320 our forests. It's also our landfills. Our landfills are full. 228 00:10:18.919 --> 00:10:20.639 So what are we going to do with eleven million 229 00:10:20.639 --> 00:10:23.200 tons of debris that they're not even talking about? What 230 00:10:23.240 --> 00:10:24.679 are we going to do with a million, six hundred 231 00:10:24.679 --> 00:10:28.039 and fifty thousand trucks of debris. They're doing seven hundred 232 00:10:28.039 --> 00:10:30.279 and fifty a day, and that's only the Army Corps. 233 00:10:30.559 --> 00:10:32.399 It's going to take six years to clean up. I mean, 234 00:10:32.399 --> 00:10:35.120 it's ridiculous. And by the way, they're going to be full. 235 00:10:35.720 --> 00:10:39.440 So the resources that we need are not being managed. 236 00:10:39.639 --> 00:10:40.879 Nobody's even looking at it. 237 00:10:41.480 --> 00:10:44.679 And on top of it, we're not talking about what 238 00:10:44.759 --> 00:10:47.919 it really takes to clean it up because nobody understands 239 00:10:47.960 --> 00:10:50.600 that because the people that are running it are politicians. 240 00:10:50.600 --> 00:10:53.639 They're not construction people, they're not debris removal people. The 241 00:10:54.039 --> 00:10:56.919 Army Corps of Engineers is a contract company under ECC, 242 00:10:57.600 --> 00:11:00.320 which happens to be under the Federal Maytalk, which is 243 00:11:00.399 --> 00:11:02.879 the Biden May Talk. It's not even the Trump may Talk. 244 00:11:03.320 --> 00:11:05.240 I think it had one point one billion dollars in it. 245 00:11:05.240 --> 00:11:05.919 They deployed him. 246 00:11:05.919 --> 00:11:07.919 They're here, they're doing a great job, but it's not 247 00:11:07.960 --> 00:11:11.240 anywhere near enough. And then poor Christy No, she hit 248 00:11:11.240 --> 00:11:13.559 the ground running right, she's got her hands full. She's 249 00:11:13.559 --> 00:11:16.080 in charge of FEMA, so she's got to sit down 250 00:11:16.120 --> 00:11:17.960 and get her hands around what's going on here before 251 00:11:18.000 --> 00:11:21.399 we get more money federally, and because our resources are 252 00:11:21.440 --> 00:11:24.080 so mismanaged, Donald Trump doesn't want to just give us 253 00:11:24.120 --> 00:11:25.840 the money, which I don't blame him, because where is 254 00:11:25.879 --> 00:11:28.720 all the money, Where's the ula at tax money, Where's 255 00:11:28.720 --> 00:11:31.720 the homeless money, Where's the forest money, Where's the water money, 256 00:11:31.799 --> 00:11:34.639 Where's the watershed money? So when you get down to it, 257 00:11:34.720 --> 00:11:37.320 we're not going to get federal aid. Gavin Newsom, in 258 00:11:37.360 --> 00:11:41.960 a simultaneous parallel lane, flew to Washington, DC to ask 259 00:11:41.960 --> 00:11:44.320 for forty billion dollars while he's teeing up his fifty million 260 00:11:44.360 --> 00:11:46.720 dollar fight against Donald Trump protection. 261 00:11:47.399 --> 00:11:48.200 I hate to stop there. 262 00:11:48.320 --> 00:11:49.759 We have to go to a commercial break, but I 263 00:11:49.840 --> 00:11:51.720 want to pick up there when we come back. How 264 00:11:51.759 --> 00:11:56.080 does the federal contingent impact this situation, not only right 265 00:11:56.080 --> 00:11:58.799 now but going forward. My guests on YouTube as well 266 00:11:58.799 --> 00:12:01.960 as iHeartRadio is a Colotti who is a builder, interior 267 00:12:02.000 --> 00:12:05.679 designer and visionary behind standout projects like Santa Monica's iconic 268 00:12:05.720 --> 00:12:08.240 House of Rock. You might have seen her on Undercover 269 00:12:08.360 --> 00:12:11.559 Billionaire recently, and we'll have more with Elaine Colotti in 270 00:12:11.600 --> 00:12:13.759 just a moment. It's later with mo Kelly Live everywhere 271 00:12:13.799 --> 00:12:16.080 in the Heart Radio app and on YouTube at mister 272 00:12:16.120 --> 00:12:18.120 mo Kelly m R M O K E L L Y. 273 00:12:18.840 --> 00:12:22.440 You're listening to Later with mo Kelly on demand from 274 00:12:22.519 --> 00:12:24.360 KFI AM six forty. 275 00:12:24.159 --> 00:12:26.720 Later with mo Kelly we're live everywhere on the iHeartRadio 276 00:12:26.840 --> 00:12:29.399 app and also on YouTube at mister mo Kelly. Yes 277 00:12:29.399 --> 00:12:33.000 a live video simulcast, and our first guest in studio 278 00:12:33.080 --> 00:12:36.159 is Elaine Colotti. We're talking about the fires prior to 279 00:12:37.120 --> 00:12:40.759 during and also the way forward, the people who might 280 00:12:40.799 --> 00:12:43.639 be responsible, the things that we need, the resources we 281 00:12:43.679 --> 00:12:46.480 need going forward, and Elaine, before the break, we're getting 282 00:12:46.519 --> 00:12:49.639 ready to get into the money of it, all the 283 00:12:49.720 --> 00:12:52.600 money that has been spent, the money has yet to 284 00:12:52.720 --> 00:12:56.440 be spent, in what federal aid we may need going forward. 285 00:12:56.440 --> 00:12:59.799 What would you say in regard to that, Well, I think. 286 00:12:59.759 --> 00:13:03.480 We have to be really so let's let's start with 287 00:13:03.519 --> 00:13:05.080 us at the moment. 288 00:13:05.159 --> 00:13:08.000 We're talking about the people that have opted in or 289 00:13:08.039 --> 00:13:08.600 opted out. 290 00:13:09.840 --> 00:13:11.480 Yeah, and everybody's heard it, if. 291 00:13:11.320 --> 00:13:13.399 Anyone's involved it all in the fires, they've heard about 292 00:13:13.399 --> 00:13:15.200 opt in opt out, and opt in opt out has 293 00:13:15.240 --> 00:13:17.559 to do with whether or not you're asking FEMA to 294 00:13:17.600 --> 00:13:18.240 clean your lot. 295 00:13:18.679 --> 00:13:20.440 Okay, that's the only thing that's really going on. 296 00:13:20.759 --> 00:13:23.320 Six permits have been pulled since it happened, so there's 297 00:13:23.320 --> 00:13:25.600 the permit, and the rebuilding thing hasn't even started yet. 298 00:13:25.600 --> 00:13:27.159 This is just getting your lot cleaned up. 299 00:13:27.919 --> 00:13:29.919 And you know, you could imagine what it must be 300 00:13:30.080 --> 00:13:32.120 like to, you know, have a house standing there and 301 00:13:32.559 --> 00:13:34.799 nobody else around you has a house, and the lock 302 00:13:34.840 --> 00:13:37.399 cleaning is going really slowly, and maybe only three lots 303 00:13:37.399 --> 00:13:42.279 are cleaned in your neighborhood. And that's because the amount 304 00:13:42.360 --> 00:13:44.320 of people that have opted in is somewhere between thirty 305 00:13:44.320 --> 00:13:48.120 four hundred people and four thousand, you know, ish, it's 306 00:13:48.159 --> 00:13:52.120 not eighteen thousand. So and the reason that is is 307 00:13:52.159 --> 00:13:54.960 because first of all, California Fair Plan has only twenty 308 00:13:54.960 --> 00:13:58.039 five thousand dollars worth of debris insurance. And what you 309 00:13:58.080 --> 00:14:00.879 got to understand is, if you're going to do all 310 00:14:00.919 --> 00:14:03.200 the metrics on the news, if Karen bass is going 311 00:14:03.279 --> 00:14:05.360 to get on a report on how great things are going, 312 00:14:06.240 --> 00:14:08.639 she's only reporting on what she knows, and what she 313 00:14:08.759 --> 00:14:10.840 knows is what FEMA's doing because that's the only report 314 00:14:10.840 --> 00:14:13.639 she's getting. So if she says we're fifteen percent done, 315 00:14:13.679 --> 00:14:15.840 she's fifteen percent done of thirty four hundred and fifteen 316 00:14:15.879 --> 00:14:16.919 percent done of eighteen thousand. 317 00:14:17.039 --> 00:14:19.120 But most people don't understand in the station she's talking 318 00:14:19.159 --> 00:14:22.399 about La City, not La County. She's not talking about Altadina, 319 00:14:22.559 --> 00:14:24.519 and people I think missed that she's. 320 00:14:24.320 --> 00:14:27.960 Not talking about She's talking about a fraction of the 321 00:14:28.000 --> 00:14:30.519 cleanup that's under contract with opt in. 322 00:14:30.960 --> 00:14:31.559 It's a fraction. 323 00:14:32.120 --> 00:14:34.639 And all the other contractors that are out there that 324 00:14:34.720 --> 00:14:38.279 want to clean and do stuff, they are completely hogtide. 325 00:14:38.559 --> 00:14:40.600 And the reason are hogtied is because there's this thing 326 00:14:40.679 --> 00:14:42.480 called a haul route, which is how you get the 327 00:14:42.559 --> 00:14:43.360 stuff to the dump. 328 00:14:44.000 --> 00:14:45.200 The hall route is. 329 00:14:45.080 --> 00:14:50.039 For ECC, FEMA, FEMA contractors, and everybody that's removing dirt 330 00:14:50.120 --> 00:14:52.840 under the FEMA contracts. That's what they went and met 331 00:14:52.919 --> 00:14:55.440 with the Board of Supervisors about. They had a big win. 332 00:14:55.639 --> 00:14:57.399 They were able to get more trucks per day, not 333 00:14:57.480 --> 00:15:01.080 more trucks in there in the long run, more more 334 00:15:01.200 --> 00:15:04.399 yardage going into the dump, just more trucks per day. 335 00:15:04.480 --> 00:15:06.720 So we've got a huge problem with the debris and 336 00:15:06.720 --> 00:15:09.159 the debris removal because there's just not enough hands on 337 00:15:09.240 --> 00:15:11.759 deck and the only way to get that out is 338 00:15:11.840 --> 00:15:15.799 femal money or government federal money. Because la is broke, 339 00:15:16.600 --> 00:15:19.399 and we're broke because we mismanaged our money. We didn't 340 00:15:19.399 --> 00:15:22.240 just mismanage our forests, and we didn't just mismanage our water. 341 00:15:22.519 --> 00:15:25.759 We mismanaged all our money. We had a billion dollars surplus. 342 00:15:25.799 --> 00:15:27.159 We have no money. We're in the hole. 343 00:15:27.480 --> 00:15:30.759 When Gavin leaves or whoever takes over, has got this 344 00:15:30.960 --> 00:15:33.879 massive deficit that they've got to fill. And then on 345 00:15:33.960 --> 00:15:37.519 top of it, they they passed ula tax, which they 346 00:15:37.559 --> 00:15:41.679 call a mansion tax. It doesn't tax mansions. It taxes 347 00:15:41.799 --> 00:15:46.279 anybody transacting real estate over five million dollars, hospitals, low 348 00:15:46.320 --> 00:15:49.120 income lots. Let me tell you, you have a burned 349 00:15:49.120 --> 00:15:51.120 out lot worth more than five million dollars, you're paying 350 00:15:51.120 --> 00:15:51.759 mansion tax. 351 00:15:52.360 --> 00:15:56.159 Does that seem right to you? That's circumventing Proposition thirteen. 352 00:15:56.639 --> 00:15:59.559 You have to educate folks may not be old enough 353 00:15:59.559 --> 00:16:01.159 to remember Proposition thirteen. 354 00:16:01.240 --> 00:16:02.919 And it's impact on property tax is. 355 00:16:02.840 --> 00:16:06.200 Go ahead, well, everybody here, if you own property in California, 356 00:16:06.320 --> 00:16:09.399 it is our Wall Street. Okay, so your real estate 357 00:16:09.440 --> 00:16:11.320 and your equity is your stock investment. 358 00:16:11.440 --> 00:16:14.000 It is the Gold Coast. That's why they call it. 359 00:16:14.039 --> 00:16:15.879 That is the best real estate in the world. 360 00:16:15.879 --> 00:16:18.000 We have the best temperatures, we have the most resources, 361 00:16:18.080 --> 00:16:20.279 we have the most beautiful land in the world, and 362 00:16:20.320 --> 00:16:21.399 they are trying. 363 00:16:21.120 --> 00:16:23.399 To get it from you. Why wake up? 364 00:16:24.360 --> 00:16:28.320 The Proposition thirteen freezes your tax basis at like it's 365 00:16:28.360 --> 00:16:30.919 one percent is one point two five percent. That's your 366 00:16:30.960 --> 00:16:33.399 transfer tax when you sell that property, and you can 367 00:16:33.440 --> 00:16:35.320 take it with you one time when you're older and 368 00:16:35.320 --> 00:16:37.440 you retire, when you buy another piece of property. It 369 00:16:37.559 --> 00:16:40.320 protects your investment. And they've been trying to get at 370 00:16:40.320 --> 00:16:43.279 it since nineteen seventy ninety nineteen seventy nine. They've been 371 00:16:43.320 --> 00:16:45.240 trying to figure out a way around it, and they 372 00:16:45.320 --> 00:16:47.039 got all these ideas about how to do it, and 373 00:16:47.039 --> 00:16:49.639 they finally did it when they penetrated this mansion tax thing. 374 00:16:49.679 --> 00:16:52.360 And they called it mansion tax, which is unfair because 375 00:16:52.399 --> 00:16:54.879 it's not a mansion tax. It's a straight it's a 376 00:16:54.919 --> 00:16:57.919 transactional tax. It's a levee, which is illegal. It's a 377 00:16:58.000 --> 00:17:00.559 legal to tax real estate under a levee. It's gonna 378 00:17:00.600 --> 00:17:04.799 lose ultimately, but not soon enough. And meanwhile, it froze 379 00:17:04.960 --> 00:17:08.400 our market and not just La City, it froze everything 380 00:17:08.680 --> 00:17:11.200 because when you stop the Titanic, it takes a minute 381 00:17:11.200 --> 00:17:13.200 to get it going again. And at the end of 382 00:17:13.240 --> 00:17:16.720 the day, mansion tax ruined the Los Angeles, California real 383 00:17:16.799 --> 00:17:19.519 estate market. Which ruined the real estate market here in California. 384 00:17:19.599 --> 00:17:21.279 It brought it to its knees. 385 00:17:21.920 --> 00:17:24.079 We had a conversation off air that I wanted you 386 00:17:24.119 --> 00:17:28.119 to circle back to. You were talking about Mayor Karen 387 00:17:28.200 --> 00:17:31.960 Bass and what we as those who are Angelino's and 388 00:17:32.000 --> 00:17:34.720 those who may be on the periphery of Los Angeles, 389 00:17:35.000 --> 00:17:37.079 what we should we think of her, what we should 390 00:17:37.160 --> 00:17:38.000 do in this moment. 391 00:17:39.039 --> 00:17:42.079 Well, okay, a couple things. I mean, obviously, when she 392 00:17:42.079 --> 00:17:43.640 got off the plane and she was in the airport 393 00:17:43.680 --> 00:17:46.799 and she was, you know, the reporter came up to her, 394 00:17:46.839 --> 00:17:49.759 she was like a dre in the headlights, and I 395 00:17:49.799 --> 00:17:52.079 didn't It didn't give me a warm, fuzzy feeling that 396 00:17:52.079 --> 00:17:53.839 she's going to be a good leader. Okay, there's lack 397 00:17:53.839 --> 00:17:59.079 of leadership, but the recalling hers is challenging. First of all, 398 00:17:59.359 --> 00:18:01.559 a lot of people don't understand if she is recalled, 399 00:18:01.759 --> 00:18:04.839 city council chooses her replacement until there's an actual runoff. 400 00:18:05.200 --> 00:18:08.119 Most people don't understand that. So it's you know, I 401 00:18:08.119 --> 00:18:11.839