8-12-26 - 10am - The Jones Act and Prop NN

This episode is a wake-up call for anyone who's ever wondered why gas prices seem to skyrocket during times of crisis. The speaker takes a deep dive into the Jones Act, a 100-year-old law that's supposed to protect American shipping, but is actually causing more harm than good. With a personal anecdote from his experience as the under Secretary of Homeland Security, the speaker reveals how this law is standing in the way of getting fuel to the people who need it most.

The Jones Act requires that any goods traveling between two US ports be on a ship built, owned, and crewed by Americans. Sounds patriotic, but in reality, it's led to a tiny fleet of just over 100 qualifying ships. The speaker argues that this law is outdated and is causing prices to rise for people living in coastal communities, who are already struggling to make ends meet. He also touches on the recent waiver of the Jones Act, which was meant to help during the war, but was narrowed down to a specific list of goods and added a new layer of bureaucracy.

The speaker also tackles the topic of Proposition 116, a ballot measure that's supposed to fund schools, but may actually be a sneaky way to abolish the Taxpayer's Bill of Rights (TABOR). He shares his concerns about the way the state is handling tax revenue and how it's affecting seniors living on fixed incomes.

If you're curious about how the Jones Act is affecting your wallet and the state's handling of tax revenue, tune in to this episode to hear the speaker's insightful analysis and personal experiences.

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