Proposition 119 Defeated

Kim, Producer Steve and Researcher Patti Kurgan summarize the election results. Proposition 119: LEAP, Learning Enrichment and Academic Progress Program (the proposed new state retail marijuana tax “for the children”) is defeated definitively by the voters. Almost $3 million was spent by the proponents and less than $10,000 in actual cash was spent by those against Prop 119. A few people can make a difference. This is a huge win for the grassroots! Keep those shoes on as we have a lot of miles to cover for the 2022 election to claim the governor’s office and put a conservative into the Colorado U.S. Senate. Amendment 78 and Proposition 120 are also defeated by the voters which gives an unanimous defeat on all three statewide ballot questions. Unfortunately, the City of Lone Tree will get their 55% retail sales tax increase. Douglas County School Board conservatives win all four seats, sending the board back into the hands of the conservatives who care about children, families and teachers.

In the words of Vice President Harris, this election, specifically in Virginia, will show us what to expect in 2022, 2024 and afterwards. It looks like Red Wave is coming. Republicans win Virginia’s governorship, lt. governor and legislature. Parents are speaking up! New Jersey governorship race is too close to call in the morning. Few thought that the New Jersey governor’s race would even be competitive. Is this a warning for Democrats and an overwhelming rejection of their policies?

Lorne Levy with Polygon Financial addresses the upcoming tapering announcement by the Federal Reserve. Tapering is expected, meaning the Fed may slow down the buying of bonds which will result in higher interest rates. Now is a good time for some individuals to look at a reverse mortgage before rates go up. Give Lorne a call at 303-880-8881 for advice that can help you and your family regarding reverse mortgages..

This Sunday on America’s Veterans Stories Kim interviews Rick McFadden. Rick shares the history of the Marines. Tune in to KLZ 560 AM and KLZ 100.7 FM at 3pm for this terrific conversation!