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Would California Take Advantage of Fracking Money?
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Author Mike Reagan discusses whether the Golden State would tap into oil reserves.
- Duration 5:19
- Date Feb 13, 2013
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Author Mike Reagan discusses whether the Golden State would tap into oil reserves.
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We told you that Colorado's governor drank a glass of fracking -- to to prove there is nothing wrong with it.
If governor John Hickenlooper is rights -- California could be sitting on -- real gold line that would really help California get out of a lot of its debt.
Researchers say that -- formally Golden State.
Could collect a quarter -- trillion dollars at the very least of -- -- -- decades.
If the state would just tap into the natural resources under its territory.
There is Mike raising.
If there are actively that you would mark Iraq you off and Mike Reagan the voice of reason from California I want you to Telus might give isn't giving -- -- of the all odds that Jerry Brown will do a you to notice yet.
Get out there -- Track in California debt -- money.
-- not going to be doing that because -- -- the State's senate state assembly right now working on the way to bring less water to the central valley California.
Here's to -- the bread after the world.
-- -- -- -- that place into adults poll taken over by eminent domain so they can put in their bullet train to nowhere that was going on the state California.
Now don't detracting yeah I tell you at this time this time you've gotta be wrong you all the voice of reason but this -- you go off to be -- how can a state that is flat broke.
And has been run down into oblivion for thirty years.
-- -- -- -- -- -- -- At 250.
Billion dollars in revenue without spending a dime of -- of the State's money happen to understand.
-- yep because of all the green laws have been put in effect owned by the federal government also in the government state of California.
AB 32 all the things that happened during the Schwarzenegger.
Years of running this state has become that green state.
And that is why those things are not in fact going to happen and anybody in that business is moving to Texas and getting out.
Of the state of California.
What's gonna happen I was actually was so when the other night who is a lawyer -- DWP's that the cost of energy in California.
There's going to triple in the next five to ten years and right now.
It is too high and it's -- the working -- from the state of California is being chased out of this state.
That every place else but California you can limit Reagan you do that you just killing on the on the open -- -- Hillary I was born and raised here and I'm looking at this.
-- it's just outrageous what is happening in the state of California right now.
Two thirds majority in the Statehouse in these state assembly -- And in the state house.
And these people have you might say liberals gone wild to great television -- yeah I think.
Affecting good idea that a -- -- comment on the Obama President Obama vs senator rubio last night I'm sure you -- on both.
What's your judgment.
-- I wish the president would -- -- glass water and gone home.
Up there the reality of it is what you gotta you've got progressive.
Speech by the -- United States.
And -- other -- according I think you got a very reaganesque type of speech.
Out of marker -- in the short amount of time that he had to in -- speak.
The the problem is his side our side not running the country be run by the president what did the president say do it my way -- an executive order right behind it.
And I'm gonna take here this issue would run it all by myself I don't need the congress.
The United States but there was nothing that speak to extort nothing this week to talk to that.
Young girl who who works at Starbucks -- -- thirteen fourteen dollars an hour who's -- -- taking home 200 dollars less a month.
In pay because of the fiscal -- legislation.
That in fact put back the fight attacks -- she's wondering how she's gonna make ends meet.
What's happened is the middle class is being devastated.
By this government they're not being uplifted.
Now I'm gonna say the same thing to you that I set to run of Wright's previous -- on the show he's the RNC chairman I said look.
The president last night articulated a very strong political line.
He said things which will be politically.
A popular -- politically popular right previous agree -- -- That in many ways the president if it was a contest last night the president one what do you say.
Well the president normally when things he's the president of the United States America most people watched the president's speech.
And the only people watch the Marco Rubio speech or people like myself for people on that side of the equation.
Most people just watch the president and then they turn it off and go have dinner whatever they're gonna do.
So the president does win on that side where our side -- -- to the conservative side wind is when this all this fiscal cliff happens.
And the world changes and people are really more out of work they are today did we come in to try -- effects -- today.
The Republicans need to -- on the front side of the issues.
Not the backside the issue and it's good for Marco Rubio to be on the front side of the immigration issue instead of on the backside of it.
Net next time -- -- and it will be soon I want you to promise there's something I want you to promise that you'll gonna deliver it to me good news from California.
Can you do that.
Boy oh boy you know I'm -- I will work on that he immediately as soon as I leave here now also are working on it.
Like Reagan thank you very much and he we will see against thank you.
You go.