On this episode of Coffee and California Politics I discuss how Gavin Newsom plans to have California make its own insulin. I discuss how government solutions are not always the solutions to free market failures which in this case are caused by the government.
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If you're a California, conservative a Libertarian, a
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for you. It's the California underground
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podcast. What's going on everybody?
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Thanks for tuning in to another episode of coffee and
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California, politics. Sorry, for a little bit of delay
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of trying to get better video, better video, quality and stuff
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like that. And as always, you're doing it
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all by yourself. Sometimes it takes a little time
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to actually get all this stuff done.
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So, a couple announcements running the California
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underground with the USA flag. In the background as a limited
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edition for this month. So if you want to grab that
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probably just be for the month of July and it's coming up quick
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at the month of the end of the month of July, there's t-shirts,
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tank tops, all that stuff so you can go check that out.
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Let me see what else is going on tomorrow night.
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I'm very excited. We're going to have just in
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time, almost the perfect timing is.
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We're going to have Anthony cabooses and Karina Manuela.
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They're going to be on to talk about far-right.
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Latinos, the New York Times had already said that being a Latino
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who believes in God and Country and loves their family means
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your far right, and it just so happened serendipitously, that
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we at the same time. Also got Joe Biden, comparing,
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Mexicans, and Latinos to tacos. And also for her really bad
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pronunciation of bodegas, as Bogut has, I don't know why they
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keep sending her out to talk to Hispanic.
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I guess they just feel like there's no way that Joe is going
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to be able to actually do what he I mean.
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I Joe Biden can't get like two sentence is out, so the fact
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that they're they think maybe Jill Biden has a better shot of
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getting getting the word out, but and we're going to be
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talking about that. We're going to be talking about
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what it means and why all of a sudden, I guess, if you're a
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Hispanic, who doesn't agree with the mainstream media narrative,
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all of a sudden, you are going to be key.
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Cast out as someone who does not get with the program in your
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far, right? So I'm trying to imagine Joe
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Biden actually, trying to pronounce anything in Spanish.
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So I'm sure if Joe Biden is pretty bad that.
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I'm sure Joe Biden is probably got to be a lot worse.
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Remember, cisse pod way really spot-on?
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I mean, you think would like a noun or like people who are sort
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of people who are around them? You have so many professionals
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and people around Them, that you would think at a certain point,
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they'd be like, okay, so first lady, mrs.
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First Lady. This is how you do it and it si
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se puede, you want to say it correctly, right?
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You don't want to say, Seascape, W away, okay?
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You want to make sure you say it, correct.
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Are we having tacos for breakfast today?
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No, I'm not having I'm any way too many breakfast tacos.
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It's something we make a lot here at the house.
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We make a lot but we make them like we try to make them as
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healthy as possible. Although I made breakfast tacos
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the other day and I figured out a really cool trick which is, if
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you fry bacon like a little bit of bacon for the taco, take your
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corn tortilla and then you just dredge it a little bit and then
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put it on the Kemal. And the grease helps to make the
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tortilla really pliable because if it's a corn tortilla that it
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could like break. So, My camera is reversed.
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What do you mean? My camera is reversed.
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Is it? Because it's from a different
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angle. Yeah, we're at a different angle
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today because we're trying something out.
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So if that's what it looks like, looks a little different today.
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So, trying out different technology.
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Obviously, we're trying to make good improvements to our videos
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and stuff like that. And so but anyway, let's start
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off with the first top topic of the day, which is this idea that
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California is going to get into trying to make their own insulin
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because making your own insulin. And it's super easy, guys, it's
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like super easy and you can do that.
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This is something that noodles is wanted to have for a while.
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I guess he's been pushing for this and once the budget has
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been passed just recently, it, you saw a hundred million
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dollars for low-cost insulin. So, his whole thing is that he
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wants to create low-cost insulin that the state makes because in
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his words, the state Is the only solution to market failures.
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Now remember that they always thinks that a solution to a
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market? Failure, is always the
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government, which is not always the case, something may fail
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because there's something wrong with the market itself.
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And government intervention is, probably not always going to be
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the best solution. So earlier this year, the
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assembly Senate, and Governor Newsom agreed.
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That California should begin its own low-cost, Eric insulin and
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set aside a hundred million dollars in the new budget for
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it. Once the over 300 billion,
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dollar budget was passed late last month.
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So is the insulin program? Prompting Governor newsom's
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office to release a press release noting, the new program,
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quote, want insulin, California will be producing our own
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insulin to make it cheaper and more affordable for everyone,
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exclaimed Newsome's, July first press release, quote the budget
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invest a hundred million dollars to develop and manufacture a low
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cost. Biosimilar insulin products to
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increase insulin availability and affordability in California.
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It goes on to say nothing epitomizes market failure.
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More than the cost of insulin said, Newsom on Thursday, many
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Americans experience out-of-pocket cost anywhere from
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$300 to $500 per month for this life-saving drug.
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I mean, yeah, it's an issue and we have to obviously address
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this but there's obviously a lot of things in it.
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They always try to see make it seem like it's Always the
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markets fall. It's always these big greedy
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Pharma corporations that are going to, they're the ones who
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are racking up the price when I reality.
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It's the game more than anything I heard that, for example, it
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takes about, I don't know around 2 billion dollars in investment
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to get your product. If you're a pharmaceutical
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company to get your product, from idea, to actual
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implementation, because you have to go through a number of
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studies, He's and you have to go through so many studies, you
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have to go through all these regulations.
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You have to go through this whole process.
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Hence, why they did this whole warp-speed thing with the covid
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vaccine was because they want to get it out fast and if they did
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it, like, the normal way would take years to get out.
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But usually, it takes a long time and a lot of money to come
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out with your own drug, your own pharmaceutical drug.
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So now you have Gavin. Newsom who has basically
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declared that a hundred million dollars should be Enough to get
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my own insulin onto the market, another fact that they doesn't
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think about is the fact that a lot of insulin, just the normal
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insulin, just normal insulin has been generic for a while, but
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every time they put a little bit of an update on any sort of
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insulin, there's a new patent and then that patent runs for 20
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years. So you have a lot of these
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pharmaceutical companies, or what they're doing is they'll
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switch it around and say, okay. Well now the insulin is going to
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be this or it's gonna have this different compound or it's going
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to be in a different. Went way of delivery.
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So now we have a new patent and that's why it's going to cost so
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much money. Again, this hundred million
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dollars that he's put aside to me seems like a really, really,
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really low ball estimate and obviously it looks good.
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It looks good that he's going to come flying in and say, hey
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everybody, look at this, I'm going to create generic insulin
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for the low cost of a hundred million dollars.
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You know, that's not much out of a 300 billion dollar budget and
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he's going to make us seem like, look, the government can do
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these things better than the free.
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Market. When in reality it's the
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government that really is sort of getting in the way of the
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free market being able to make this really affordable.
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Now this is someone her name is Carla.
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Chavez. She's a consultant on
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manufacturing facilities. She said to the California
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Globe, there are ton of federal regulations on everything from
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construction to storage of insulin, to manufacturing right
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down to who can be hired in facilities making this.
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So there's a lot of Federal Regulation already, right?
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And there's there is this enormous amount of federal
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regulations that does make it super costly.
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Again, Gavin Newsom doesn't want to admit that maybe A reason why
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insulin. So expensive is there so much
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government regulation in the way, and makes it really hard to
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produce sort of cheap insulin, that if there was a completely
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free market insulin might be almost so cheap.
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It might be almost free. She goes on to say where they
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choose to make the insulin, for example, can have a huge
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political consequences, these are pretty good paying jobs even
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down on the line. Do you build in a central
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location? Say Modesto?
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So that the drugs will have a More equal route to travel and
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generally have save on salary or do you go for La where these
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jobs are very much wanted or do you go with the Bay Area and
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score? Some brownie points with the
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local leaders or is it closer to the Rail lines or major
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Trucking? Hubs for ocean access?
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You're gonna have lawmakers mad no matter what you do but
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something of this magnitude can maybe make people less favorable
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towards you for being snubbed while not exactly the same other
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states have felt. This one recommending facilities
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for foreign companies to move to especially helping one depressed
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City by ignoring all The others, finally, she goes on to say and
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that is just one consideration. Can that can take a lot of time
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to look at making your own insulin sounds a lot easier on
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paper. This is highly regulated.
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Everything around, this has miles of red tape, just like the
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pharmaceutical drugs. I really hope the state has
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thought of thought all this through a hundred million
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dollars. Seems like a really low ball
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estimate here too, with what they have in the road ahead of
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them. I think there's some grammatical
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errors in there, maybe they didn't proofread this So, she
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nailed it on the head. Right?
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And I think under a million dollars is a really low ball,
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number for something that is supposed to be turning the
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insulin industry on its head. And somehow in some way that's
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going to, that's going to fix it.
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I fully expect that this will probably end up a lot.
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Like the bullet train on the sense that you're going to say,
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it's a hundred million dollars. But then year, after year,
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they're going Keep dumping more and more money into it and who's
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also going to be picked as the people who were going to produce
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this. Who were the people, who are
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going to get the kickback, who were the people, obviously
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they're going to have to partner with private companies and
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obviously they're going to have to they're not going to build
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their own pharmaceutical company.
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I mean, their own state run, but don't put it past them, they
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might actually do something like that.
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But who are they going to partner with what connections
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do? These people have with the
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Newsom Administration. So there's a lot of questions
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about this and obviously, this is going to As we watch this go
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through, I think this will be something that the longer this
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goes on, will be more of an example of how when the
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government gets involved with the economy things don't go so
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well, and it's always seems to be, well, if the free market
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fails, then obviously government is the solution.
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And we really need to get out of that sort of mind frame of
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thinking that if the free market fails, it's probably because
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there's something wrong with the free market.
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It itself and not necessarily that government is going to be
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this white knight that comes riding in saves the day and
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makes it so that you can so that they'll fix everything as if all
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the answers are always in front of you, and all you had to do
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was let the government just do what they had to do.
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It was just so simple, the government could do it better.
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And we've not we've seen throughout history, time, and
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time and time again, that the government, always usually seems
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to mock up a lot of there. Private Enterprises.
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They seemed to mock up a lot of their own solutions for these
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free market issues and sometimes they just make it absolutely
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worse. And so this is probably going to
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be a prime and recent example of why the government is going to
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muck up the free market. And if this is probably gonna
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end up being more costly than they expected.
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I fully expect. It's going to be called more
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costly than they expected and at the end of the day, this is
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going to cost a lot more than a hundred million dollars.
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And in fact that they only have 50 million dollars set aside for
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A factory makes me believe, they're not really being super
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serious because with the amount of unions that are going to be
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standing there with their hands out expecting the government to
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give them the contracts, especially when their government
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contracts. Do you think that they're going
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to try and do these things ahead of schedule and under budget?
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No, I don't think so at all. I think they're probably going
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to figure. Well, there's going to be more
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money where that came from. So let's just keep taking as
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long as we need and charging more for the materials in the
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And you know that 50 million dollar Factory could easily be
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200 million dollars by the end, it's by the by the time it's
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over. So there's some other things
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want to pull out from, this is from cow matters.
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Let's see, pull this up. The stories of people of the
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ration, their insulin because they can't afford their
00:14:01
prescriptions are common place between 2012 and 2016.
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The price of insulin doubled prompting higher out-of-pocket
00:14:07
costs for diabetics according to health care costs Institute
00:14:10
today, a 10 mm vial of insulin can go from anywhere from a
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hundred seventy dollars to four hundred dollars, depending on
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the type and brand person usually needs two or three vials
00:14:21
a month and some may need more see in 2020 news.
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Sign into law and we already talked about that.
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Insulin is a biological drug meaning.
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It's made from the living cells medications, a copy of brand
00:14:35
name, biological or called biosimilars like generic.
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They tend to be more affordable. Drug manufacturing is the only
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source of the problem, executive director of value of life
00:14:44
science at the University of Southern California, Schaefer
00:14:47
Center. She said, policymakers seeking
00:14:49
Solutions should be looking at all the players involved in the
00:14:51
supply chain from drug manufacturers to wholesalers
00:14:55
pharmacies insurers and pharmacy.
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It managers, which are companies that negotiate prices with drug
00:15:00
makers and pharmacies on behalf of an insurer all entities
00:15:05
profit and contribute to the final price.
00:15:07
She said doo doo doo and that's about it for this.
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But Let's say at least 15 states have passed their own laws.
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Limiting insulin co-pays from $100 for a 30 day supply in
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Colorado to $25 in New Mexico. So they created the problem and
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now they want to fix the problem which is what government always
00:15:29
loves to do is they create the problem and then they try to fix
00:15:33
the problem, right? If politicians were ever
00:15:36
concerned about actually fixing problems, we actually have a lot
00:15:39
of problems that could be fixed, but at the end of the day, it
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doesn't seem like they really want.
00:15:46
I mean, how else are you going to make more money?
00:15:48
I will see you going to raise taxes if all the problems are
00:15:50
gone, right? So this next story, I wanted to
00:15:57
talk about which I was reading about this morning is abortion
00:16:03
pills will soon be available on California.
00:16:05
Campuses as California efforts to enshrine, abortion, access
00:16:09
continue, the University of California and Hold on one
00:16:14
second, one second, one second. Here we go, let me start over as
00:16:24
California's efforts to enshrine abortion, access continue, the
00:16:28
University of California, and California State University are
00:16:30
working to provide medication, abortions, on all campuses, by
00:16:34
January 1st. So far, none of the Cal State
00:16:37
campuses offer medication abortions and access.
00:16:40
Within the, you see Sibyl system varies from campus to campus
00:16:44
both University Systems. However, say they are on track
00:16:46
to implement a law passed in 2019, requiring their student
00:16:50
health. Centers to provide access to the
00:16:53
pills. Quote because there's going to
00:16:56
be an increase in people coming to California, I guess, they
00:17:00
believe that there's going to be some sort of deluge of people
00:17:03
coming to California to get abortions.
00:17:05
That it's just going to be people, stampeding over the
00:17:07
border to come and get abortions here in California, and not
00:17:10
other states. That might allow it closer to
00:17:12
them because there's going to be an increase in people coming to
00:17:14
California, all of the clinics are going to have, you know,
00:17:17
additional demand and kind of struggle with capacity, right?
00:17:21
Because that's their that's going to be their excuse is that
00:17:23
the stamp You have people who were coming over to California,
00:17:26
that just absolutely have to get abortions.
00:17:30
Will create a surge on all the capacity and it won't be able to
00:17:34
handle how many people are going to come and get abortions.
00:17:37
So obviously this is the rationale for why people on
00:17:40
California campuses need to have access to medication abortions
00:17:45
while it's not necessarily going to help all the people coming
00:17:47
from out of state. It's just generally going to
00:17:50
increase the number of abortion providers.
00:17:54
As campuses start providing medication abortions, many
00:17:57
students will spend less time on the road and we'll see
00:17:59
out-of-pocket costs. Decrease getting a medication
00:18:02
abortion often involves a couple of appointments either in person
00:18:06
or virtually and receiving a prescription.
00:18:10
Keep it going, keep it going and think that was basically all I
00:18:13
want to talk about. So This is something that they
00:18:18
believe that because there's going to be such a deluge of
00:18:21
people who are going to be coming across and coming over to
00:18:24
California because they need abortions that they figure.
00:18:28
They'll just keep all the kids who are on campus is now these
00:18:30
are pretty big campuses. These are campuses that are, you
00:18:33
know, tens of thousands of people.
00:18:35
They're really big campuses, so I guess they believe that
00:18:38
there's going to be that many abortions, not only from college
00:18:40
campuses. But also the people coming in
00:18:43
that this is something that they need to pass.
00:18:47
And I'm not quite sure what a medication abortion is.
00:18:51
I mean, they say it is an abortion, it's to my knowledge.
00:18:54
Someone in the chat, can definitely let me know.
00:18:56
It's not the same as Plan B, but if it's something that they need
00:18:59
to take care of and it's something that they can do on
00:19:02
campus. But again it's just this belief
00:19:04
that they want to make it as normal as possible here in the
00:19:07
state of California that they want to make it almost
00:19:10
acceptable. Almost like you can go to your
00:19:11
corner, Bogota and get whatever you want to have a medic.
00:19:15
An abortion and it this this sort of rationale or this sort
00:19:20
of belief that you're going to that they just need to have more
00:19:22
access to abortion. I think they're playing a little
00:19:26
bit too far. And yesterday, I was talking to
00:19:30
the, this group conservative order of good governance,
00:19:33
actually gave me this really get great flag.
00:19:36
I want to thank them for that this flag was actually flown
00:19:38
over the US. Capitol says a pretty cool gift
00:19:42
and I was Going about how prop one is, I believe something that
00:19:50
they may have shot themselves in the foot with and I believe that
00:19:53
they shot themselves in the foot.
00:19:55
Because I think when people see, really what prop 1 is going to
00:20:01
be and what it's going to allow, I doubt there's going to be a
00:20:04
lot of people who are going to want to go for it because in
00:20:07
reality, most people, when it comes to abortion, they're sort
00:20:10
of right in the middle when it comes to what they're Dances
00:20:16
people are sort of in the middle.
00:20:17
They believe that there's should be some acceptances but not like
00:20:21
past 15 weeks. It's not the Polar Opposites.
00:20:25
That a lot of people seem to think this whole argument is
00:20:27
that it has to be either completely like unfettered
00:20:32
access to abortion all the way up until delivery.
00:20:36
And then there's the Other Extreme, which is that it should
00:20:38
be banned entirely most people live right around the middle,
00:20:43
which is that, they believe there should be Be accessed, but
00:20:46
it shouldn't be that much. And I think with prop one, they
00:20:49
may have shot themselves in the foot because I do believe that a
00:20:53
lot of people when they see what's going to happen with prop
00:20:57
one. I think a lot of people going to
00:20:58
look at and go. Hmm I don't believe that much.
00:21:01
I do believe you should have an abortion up until the day that
00:21:05
you can actually deliver the baby.
00:21:08
And with you know, a large Hispanic Community, a large,
00:21:11
Asian American community, that can both be very religious.
00:21:14
I doubt that either one of them are going to Overwhelmingly vote
00:21:17
for prop 1. So we will see what happens and
00:21:19
we'll see. It will be interesting to me.
00:21:22
I still believe it will probably pass, because I think enough
00:21:24
people will show up as sort of this is there.
00:21:28
Lightning rod to get people out to the polls.
00:21:32
They can't focus on anything else in California.
00:21:34
So this is one thing they can use to get people out to the
00:21:36
polls, but it is something that they can certainly use to get
00:21:42
people out to the polls, but I don't think it's going to I
00:21:45
think when we look at and we look at really the breakdown,
00:21:50
it'll be interesting, it'll be an interesting sort of snapshot
00:21:53
of where California politics is, and where voters are right now,
00:21:57
which I believe is even more important in terms of, where do
00:22:00
people line up on a lot of these issues.
00:22:04
So, with that said, I didn't really have.
00:22:09
This was basically all I had for today, in terms of the news, but
00:22:14
I did want to open it up. You any sort of comments or
00:22:17
questions? That's the point of coffee in
00:22:18
California politics, is that you can we can sit and we can chat.
00:22:22
And if anybody has a comment or a question while I drink, my
00:22:24
coffee will go to chats. Otherwise this might be a really
00:22:31
short coffee in California politics.
00:22:35
It's a major distraction from real issues that everyday people
00:22:38
are facing. Yeah, it's it's while it is a
00:22:41
distraction just like January 6 it's going to be a distraction
00:22:44
in terms of not facing how expensive gas is how there's no
00:22:49
way you can buy a house in California, how the economy in
00:22:52
California is really prohibitive if you're middle class and down,
00:22:56
but if we can, enshrine abortion in the California Constitution,
00:23:00
that will be probably the most important thing.
00:23:03
So SB 1070. Let's look that up.
00:23:11
I think you told me about this the other day so let me look
00:23:17
this up. Hold please Talk Amongst
00:23:21
yourselves. Wait, for the internet to load.
00:23:32
Waiting for. Why is this taking so long?
00:23:35
It doesn't want me to say. It's all a conspiracy.
00:23:37
They don't want me to see what SB 1070 is.
00:23:43
There we go. Oh, okay.
00:23:50
This bill would prohibit bring this up on.
00:23:55
This bill would prohibit a provider of healthcare, a health
00:23:58
care service plan or contractor from releasing medical
00:24:01
information related to sensitive services or related to person or
00:24:04
entity allowing a child to receive gender affirming, Health
00:24:08
Care in response to a criminal or civil action including a
00:24:12
foreign subpoena based on other states law.
00:24:14
That authorizes a person to bring a civil or Criminal action
00:24:17
against a person or entity that allows a child to receive gender
00:24:20
affirming, Health Care, the bill, additionally would
00:24:23
prohibit, law enforcement agencies from Gain or
00:24:25
intentionally participating in the arrest of an individual,
00:24:29
pursuant to an out-of-state arrest.
00:24:31
Warrant based on another States laws against providing
00:24:34
receiving, or allowing a child to receive gender affirming,
00:24:37
Health Care, the bill would prohibit the extradition of an
00:24:41
individual charged with violating another States law,
00:24:44
that criminalizes allowing a person to receive or provide
00:24:48
gender affirming Healthcare. Okay, so the bill would prohibit
00:24:55
the enforcement of an order based on another States law.
00:24:57
Authorizing a child to be removed from their parent or
00:24:59
Guardian. Based on the panel is in gender
00:25:01
affirming, Healthcare gender, affirming, Healthcare broken
00:25:05
down in plain English. Obviously has to do with whether
00:25:08
your child or minor wants to transition.
00:25:12
That's how they flower. Use the flower language that if
00:25:14
you want to have a child who wants to go through the process
00:25:19
of transitioning. Guess what you can come to
00:25:21
California and even if you go to his if you're from a state that
00:25:24
doesn't allow gender affirming, health care.
00:25:28
And any and any sort of transition for minors, you can
00:25:33
actually be prosecuted under this law.
00:25:36
Now it'll be interesting to see because there is an issue of
00:25:41
State sovereignty. There is an issue of if you're
00:25:43
from this state and you get it done, another state, it will be
00:25:47
an interesting debate legally. Let's see.
00:25:50
So California can override other state laws, any person, get
00:25:54
bring another state and get them.
00:25:55
Gender, affirming Healthcare. I guess the issue is, is that
00:25:58
you could come from another state and get this done.
00:26:02
It's similar to what happens if you go from one state, that
00:26:04
doesn't allow the purchase of marijuana and you go to
00:26:07
Colorado, or you go to California for example, and you
00:26:12
buy marijuana there. It's not like your home state is
00:26:15
going to say, will you you're going to be under arrest?
00:26:18
Because you bought marijuana in State, I guess that's the
00:26:21
principle. They're starting to go off of.
00:26:25
But again, this is one of those bills where they're just sort of
00:26:28
opening the door for virtue signal and you, they want to
00:26:33
make it seem like everybody is going to be flooding in to get
00:26:35
their gender affirming health care.
00:26:38
But it will be interesting. I'm just reading this right now
00:26:41
and I'm trying to think of how they're trying to, if the other
00:26:46
state law says that children should not be allowed to get.
00:26:49
Gender affirming, health care, and it says here anywhere else.
00:26:55
Maybe it might cause an issue of State sovereignty and what's
00:26:58
going on between the states and whether one state can allow it
00:27:02
and once they can one stage, trying to prosecute and the
00:27:05
other state says you can't prosecute, I think, yeah, the
00:27:08
language is very interesting because they're trying to say,
00:27:10
well, if it's a legal, your law, enforcement agencies, or your
00:27:16
prosecutors can't prosecute, this person, because we're going
00:27:21
to protect them. But Guess who's the author?
00:27:27
Not surprising. Who the author is it?
00:27:29
Scott wiener. He loves to put out a lot of
00:27:32
these bills. Let's see where it's at right
00:27:35
now. As of June 28th, it do pass as
00:27:39
amended and re-referred to the committee on Appropriations.
00:27:42
It was introduced, it looks like it was introduced way back in
00:27:48
last year, March 9th, 2021. And then in January 6, 2022 is
00:27:54
finally brought back and Then June 8th is starting to pick up
00:27:57
steam and then June 28th. So, those were the different
00:28:00
votes. Let's see.
00:28:03
No actually goes farther back. Excuse me, January 5th. 2021, it
00:28:08
was introduced into the Senate by Scott wiener, because these
00:28:12
were the really important issues in 2021 and that needed to be
00:28:16
tackled. And 2021, let's just say, things
00:28:20
were not super great here in California because we were still
00:28:23
under, well, we're still under a state of emergency.
00:28:25
But we're still under a lot of covid restrictions but this was
00:28:28
really what was important here in the state of California.
00:28:30
I will be interested to see you know if you can find me another
00:28:38
law what they're talking about that would be a lot easier to
00:28:42
figure out what they're talking about.
00:28:43
Because if it does have sort of a clash with another bill, then
00:28:50
that legally may bring up a lawsuit as to one state and
00:28:55
another state Saying that you can't allow minors to have
00:28:57
gender affirming surgery, or anyone who helps in the bades,
00:29:00
and it will be prosecuted. And then of California does it,
00:29:04
then California is aiding and abetting and people in
00:29:07
California are aiding and abetting and people are aiding
00:29:11
and abetting so that may create an issue with another state.
00:29:15
So I mean, you can commit a crime in one state and then go
00:29:17
to another state and you're still on the hook for a crime in
00:29:20
the original state. So yeah, I'll be interested to
00:29:24
maybe dive into This and see where there is a bill or a law
00:29:29
on the books that says that getting gender affirming
00:29:32
surgery, or assistance, all of gain gender affirming, surgery
00:29:35
in, or out of state is punishable by a bike
00:29:39
prosecution. So if that's the case that will
00:29:41
be the real, that will be the real legal issue going on right
00:29:46
there. So, How does somebody asked, how
00:29:49
does he keep getting away with these radical bills?
00:29:51
All, because he's from the Bay Area, and he doesn't have to
00:29:55
worry about any of the repercussions going to miss
00:30:00
eating in and out, but I don't want to be on California,
00:30:02
insulin. Yeah, he doesn't have any
00:30:06
pushback and when he gets to push a lot of these crazy ideas.
00:30:10
Now the like we talked about last week in the legislative
00:30:12
Roundup, when Jonathan was on the show which I would highly
00:30:15
suggest you check out because there's a lot of bills that
00:30:17
actually went by the wayside. Thanks to pressure political
00:30:21
pressure People Like Us calling in writing in and all that
00:30:25
stuff. I think it was definitely a.
00:30:28
There's definitely some good news.
00:30:29
A lot of Richard. Pans bills, have seemed to have
00:30:31
died out or they effectively have no teeth anymore, but
00:30:35
Council like Scott weiner. He just likes to push all of
00:30:38
these really radical Bay Area bills.
00:30:40
It's always about gender affirming, this gender affirming
00:30:42
that and he believes he's making some really big important moves,
00:30:49
but when you have a, super majority of Democrats who's
00:30:52
going to stop them again, that's why it's really important that
00:30:55
you have to get rid of the supermajority in the California
00:30:57
legislature because bills like this would die or a lot quicker.
00:31:00
If there was no supermajority, if it was split even 50/50 these
00:31:05
bills would, Ever see the light of day and they probably
00:31:07
wouldn't even be introduced. They might be introduced by
00:31:09
radicals like Scott wiener, but they wouldn't get as far as they
00:31:12
do in our legislature right now. So, All right.
00:31:18
What else you guys got for today?
00:31:23
What other questions? What are their comments?
00:31:26
He's a, yeah, he's adamant on stripping parental rights.
00:31:29
He is not a fan of allowing you to do what you want to do, or
00:31:34
what you are entitled to do. As a parent and how to raise
00:31:38
your kids in reality. It's he believes that the state
00:31:42
owns your kids and that's a scary notion is that the a lot
00:31:48
of these? These leftist in these status
00:31:50
believe that you'd the kids don't belong to you, children
00:31:54
don't belong to you, you don't get to service a in their life
00:31:57
and in their decisions and sorry, the state gets to figure
00:32:02
out what's best for your child. Whether it's their teaching,
00:32:05
what they're teaching in public school.
00:32:07
What they're allowing, what their decriminalizing they
00:32:10
Believe, you know what's best for your child?
00:32:14
And again stuff like that, I don't think really resonates
00:32:17
with the majority of Californians.
00:32:18
When it really comes down to it, that we want to strip all of
00:32:22
your parental rights away when you are when you're a parent.
00:32:27
So let's see. Any other questions comments?
00:32:33
What's going on again? Like I said tomorrow we're going
00:32:37
to have Anthony cabassa this and Korea Manuela who are going to
00:32:40
be on to talk about. I guess we can call it far.
00:32:44
Latino summer. What are your thoughts on the
00:32:46
coming Supply shortage due to truckers being pushed out of
00:32:48
California? Well, I mean, I wish I wish my
00:32:53
wife was here to talk about because she's much more of an
00:32:55
expert than I am. When it comes to trucking, and
00:33:01
it's going to be a problem. And this is one of those things
00:33:06
that a B5 was drafted by our favorite Lorena Gonzalez,
00:33:12
because they were trying to Push back on a lot of the well, I
00:33:18
guess they were trying to push back on Uber and Lyft and all of
00:33:21
these ride shares which when you enter it, you know, that you're
00:33:24
going to be a contract. You know, you're not going to be
00:33:26
an employee, you know, Uber and Lyft.
00:33:28
Give you the freedom to kind of do what you want to do.
00:33:31
Work on your own schedule. You want to drive it around?
00:33:34
You got extra time. You flip on your ruber app.
00:33:37
You start picking up a couple fares.
00:33:38
Maybe make a quick hundred bucks or something like that.
00:33:41
That was the idea and This idea that we'll know, they all want
00:33:45
to be employees and they all want to be taken care of.
00:33:48
I'm not sure they were all necessarily on board with that
00:33:50
and they didn't really want that.
00:33:52
Maybe they thought that they were going to get some sort of
00:33:54
health care, but that was really the Crux of a B5 was that they
00:33:59
wanted to Make it so that Uber and Lyft because it's funny that
00:34:05
it was aimed so much a tuber and lift because they wanted to try
00:34:09
and help them become employees and then those employees
00:34:12
unionize and, you know, Lorena Gonzalez, does anything she can
00:34:15
to help the Union's, whatever. Then there was the proposition
00:34:20
that Exempted Uber, and Lyft and all these rideshares.
00:34:23
Anyway, now, you're still stuck with all these different people
00:34:26
who are holding by independent contractor laws and you can't be
00:34:30
an independent trucker, Tractor, unless you're engaged in sort of
00:34:33
the same exact sort of. If you're, you can't be an
00:34:37
independent contractor who are engaged in the same business as
00:34:40
each other. So, for example, for like me, if
00:34:46
I want to hire a paralegal as an independent contractor you can't
00:34:52
do that, right? I can't hire an independent
00:34:55
contractor paralegal who just wants to work from home and they
00:34:58
have a whole bunch of different clients.
00:35:00
I can't do that. They either have Have to set up
00:35:02
an LLC, some sort of corporate formation, they have to set up
00:35:06
their own business, and then, then it's fine.
00:35:08
Then you can actually have them as an independent contractor as
00:35:11
long as our business. Why?
00:35:12
Because guess why, when you're an LLC or Corporation, you get
00:35:15
800 dollars every year from them.
00:35:18
So obviously an incentive for the state for everyone to start
00:35:21
filing as llc's and corporations.
00:35:24
But if I work for myself as an attorney, I can go be an
00:35:29
independent contractor for other people because Lawyers are
00:35:32
exempt. So what I'm trying to say and
00:35:36
I'm getting back to the trucker issue that you brought up.
00:35:40
It has this sort of trickle down effect, where a lot of these
00:35:44
truckers are independent contractors, they own their own
00:35:47
truck. They work for different
00:35:49
companies. They may halt, something they
00:35:50
may do this. They may have one contract that
00:35:53
they have to do, but at the end of the day, if they have to be
00:35:58
an employee of somebody and they're their own person and
00:36:02
they own their own truck, it's going Cause a problem because
00:36:07
that was the idea you're sort of your own business man.
00:36:09
If you can buy a truck to carry the truck and then all your job
00:36:13
is is kind of moving loads around the country and in
00:36:18
California, if you can't be an independent contractor, these
00:36:21
Trucking kind of these delivery companies are not going to start
00:36:24
paying truck drivers as employees.
00:36:27
So that really causes a huge issue when it comes to the
00:36:32
supply chain because of the fact that What were you going to find
00:36:36
all the trucker's? The trucker's are independent
00:36:38
contractors and they move our stuff around so, but they don't
00:36:43
really care about that. They care about whatever the
00:36:45
Union's asked him to do, and that's basically it.
00:36:47
So, maybe five might be one of the worst bills that has been
00:36:51
passed recently. That has such a had such a huge
00:36:54
enormous impact on our economy here in California, and that's
00:37:00
just one aspect of it. We have a lot of other aspects.
00:37:03
The trucks have to run a lot. Are they have to meet California
00:37:06
standards? So a lot of trucks like when
00:37:09
there was that. And again, this is sort of
00:37:13
second hand. This is what was told to me,
00:37:16
when we had the issue at the ports, where we weren't getting
00:37:19
enough stuff out. And there weren't enough
00:37:21
truckers, it was mostly because one there wasn't enough that the
00:37:25
trucks that were coming in. We're not California compliant,
00:37:28
they weren't being. They weren't being allowed in
00:37:30
even though people were ready to come in, people were ready to
00:37:32
come into California. And help as much as possible
00:37:36
while because they're going to get paid to do.
00:37:37
So if there's high demand somewhere, they're going to go
00:37:39
get it but allies trucks could not come in.
00:37:42
So there was only a limited amount of trucks that could
00:37:45
start taking a lot of this stuff out.
00:37:47
And that's something that if Gavin Newsome, really cared
00:37:50
about the problem, then he would have waived that while there was
00:37:57
an emergency. That there wasn't enough people,
00:38:00
there wasn't enough, truckers going to get stuff from the
00:38:03
board's. You could have said Look, I have
00:38:05
the state of emergency Powers. We're in a were in a supply
00:38:08
chain crisis. We have all these these boats
00:38:12
hanging off the coast of California, and Long Beach, and
00:38:15
all that stuff. So what I'm going to do is I'm
00:38:17
going to waive this requirement for a while so that we get rid
00:38:22
of the backlog and that way we can get caught up because then
00:38:27
all these trucks can come in and get this stuff.
00:38:30
So that was one issue too. It's really hard to be a trucker
00:38:33
in California. Let's just put it that way.
00:38:36
It's really hard to be a trucker in California.
00:38:39
It's not easy. So you have to deal a lot of
00:38:41
regulations, obviously, a lot of environmental regulations, a lot
00:38:44
of stuff like that, so What else?
00:38:51
What else? Somebody mentioned, Uber files.
00:38:52
I don't even know what that is. Am I that out of the loop?
00:38:55
Again, I don't know what the over files are.
00:38:59
I'm not really sure what the Uber files are.
00:39:05
Someone wants to give me a quick rundown of what the Uber files
00:39:08
are. Nope.
00:39:19
Nobody wants to talk about the Uber files.
00:39:22
Is it like the X-Files maybe? And maybe it's like the X-Files.
00:39:24
I don't know. Also the regulations on diesel
00:39:27
truck. Yeah it's incredibly incredibly
00:39:30
hard to run trucks in California.
00:39:34
It's really, really hard. Yes someone said there is a
00:39:38
there's a whistleblower and I didn't even know that there was
00:39:42
over whistleblower. He's we could just look it up.
00:39:45
That's the point of Having my computer right here.
00:39:53
Uber whistleblower, 1 day ago. Uber whistleblower business and
00:39:59
let's look at market watch and see what they say.
00:40:04
Uber whistleblower company Mets. Massage the facts to earn the
00:40:08
trust of drivers of consumers and the political Elite former
00:40:13
Uber executive Mark Megan at leaked, thousands of documents
00:40:16
from Callen acara to the guardian ride-hailing giant
00:40:19
contains Uber is a different company.
00:40:21
Now, I regret being a part of a group of people which massage
00:40:24
the facts are in the trust. The drivers and consumers.
00:40:26
End of political Elites is my duty to now speak up and help
00:40:30
governments and parliamentarians, write some
00:40:32
fundamental wrong. Magan was a former top lobbyist
00:40:38
for Uber in Europe, the Middle East and Africa came forward
00:40:41
Monday as The Whistleblower Who provided company presentations,
00:40:44
security reports and emails from the ride-hailing giant.
00:40:48
Interesting, what is the new gun Bill allowing gun manufacturers?
00:40:53
To be sued mean for us. They're going to stop selling
00:40:56
guns in California, we'll see. I mean, probably there's writing
00:41:01
to be a lot of gun. Jurors who just go, I'm not
00:41:04
going to deal with this stuff so I'm going to get the hell out of
00:41:06
Dodge. Like I'm not going to deal with
00:41:08
the liability of possibly being sued.
00:41:11
So there are most likely not going to be around much longer
00:41:15
and I wouldn't blame him. I mean if there's a law that
00:41:17
says that they can sue gun manufacturers.
00:41:19
It's only a matter of time. If something happens and you
00:41:23
know, those gang violence or something, it just happens to
00:41:25
be. You know, I don't even know how
00:41:27
many gun manufacturers there are in the state of California.
00:41:32
So, Do I think you'll get challenged in court?
00:41:35
Oh yeah. I think I will absolutely get
00:41:36
challenged in court mostly Beyond a, on sort of a tort
00:41:41
liability. I like a torch basis.
00:41:44
So torture like injuries any sort of personal injury or
00:41:48
anything like that in most. And I I'll try and break this
00:41:52
down so that you know it gets pretty wonky and like law school
00:41:55
terms, what you're looking for but like product liability.
00:41:58
There's like this idea like the stream of Commerce.
00:42:01
And that there's like, you're not supposed to use items for
00:42:05
what they were not intended for. And there, there's always been
00:42:10
this assumption that, or in law. There's always been this believe
00:42:13
that, you know, you as a product manufacturer, you are sort of
00:42:17
limited or you are protected, from what your consumer is might
00:42:22
do wrongfully with your items. You know, one of the biggest
00:42:26
comments is like you buy a baseball bat because you want to
00:42:30
go play baseball. Not because you want to go and
00:42:33
Bash someone's head and that's an abnormal use of the product.
00:42:38
And I guess they'll be arguing over, the fact of whether if a
00:42:41
firearm is used to, well, I guess they could say a firearm
00:42:46
is used to shoot at people or animals.
00:42:49
They may say well then that's why we can sue them is because
00:42:53
there is liability there. But I would say that's not the
00:42:55
intent of gun manufacturers is to have people run around and
00:43:01
kill Kill people with their handguns.
00:43:03
So, That'll be an interesting products.
00:43:09
Liability question to see whether or not they actually go
00:43:13
through with it and whether or not they extend the liability
00:43:16
from gun manufacturers to what happens out on the streets
00:43:23
because if there's like I said there's gang on gang violence.
00:43:25
Let's say like I don't even think they have a manufacturing
00:43:28
problem plant here but let's say like Glock or something like
00:43:33
that and then all of a sudden someone goes well, you know, all
00:43:36
these people were shot and gang violence.
00:43:38
Because of your weapon. We're going to sue you now.
00:43:42
Well, the point is not for you to go murder people with our
00:43:45
guns. The point is probably
00:43:46
self-defense. Not necessarily go out and
00:43:48
intentionally murder people so they keep making it harder to
00:43:54
stay here, more and more. Yeah, I think, I don't know what
00:43:57
their ultimate plan is, but, you know, this is something.
00:44:01
I maybe I'll do another whole episode on.
00:44:03
I was going to do an episode on this because of what happened in
00:44:07
Sri Lanka and what's going on in Holland.
00:44:10
If you haven't been paying attention go You know, I posted
00:44:12
it to my series on my stories, but what's going on in Sri,
00:44:15
Lanka and what's going on in in Holland is a lot of these green
00:44:22
policies are being pushed more and more, right?
00:44:27
And at a certain point it actually is too much and now You
00:44:34
can see the collapse of these societies because of that and I
00:44:38
think California and its own way is a microcosm of what's
00:44:41
happening around the world where California is continually
00:44:46
pushing and pushing and pushing these green policies, and more
00:44:51
green energy, and all this stuff to the point where it might just
00:44:55
bankrupt us as a state. And then the people will might
00:44:58
go, wait a second. Now, of course, they have the
00:45:02
The great benefit of having the federal government that's going
00:45:04
to bail them out. But it, you know, to bail out
00:45:09
California's, not going to be that easy.
00:45:17
But yeah, I think I, maybe I'll do that next week.
00:45:20
That might be a good coffee in California politics.
00:45:22
Next week is to really talk about like, what's going on with
00:45:24
Sri Lanka, and Holland and explain sort of how maybe
00:45:29
California is on the same path. Like, it's getting so hard to
00:45:33
live in California, because they keep pushing more and more green
00:45:36
energy. I mean, they want to ban cars by
00:45:40
the time is 2035, they don't want you have a gas car, they've
00:45:43
already banned the use of gas powered motors, even with like
00:45:48
Landscaping. Like you can't even use that
00:45:49
stuff anymore. So yeah, I think they keep
00:45:55
pushing this stuff and I keep they keep pushing all of this
00:45:58
green energy and these green policies.
00:46:01
And the result is that. These countries fell.
00:46:08
I mean, Yeah. And that's basically it.
00:46:12
So I would definitely check it out.
00:46:14
I would definitely see what's going on with Sri Lanka.
00:46:17
So, so yeah. Let's see.
00:46:32
There we go. Yeah.
00:46:35
And prices are going to go. Can you do an episode on the
00:46:38
California, Exodus? I mean, yeah, sure do
00:46:41
absolutely, do an episode on the California access.
00:46:45
I mean, people are voting with their feet and that might be the
00:46:50
biggest event instead of a vote in a ballot box, that might be
00:46:53
the most powerful vote of all, which is voting with your feet
00:46:58
and just believing in you're losing that tax base. they're
00:47:04
moving to other states and that was sort of the idea of why we
00:47:09
have the system we have is Where other states try different
00:47:17
things and they're supposed to try different ideals.
00:47:21
And if people like that way of living, they go to that state
00:47:25
and they move to that state. And that was sort of the idea,
00:47:27
was that all these different states were supposed to be sort
00:47:30
of their own little microcosms and they can do what they want.
00:47:34
And moving with your feet is the voting with your feet is the
00:47:38
biggest thing. That's what Gavin is now banging
00:47:41
for Google move to California under the guise of Freedom.
00:47:43
So you can keep getting those tax dollars.
00:47:47
Well yeah, I mean, you know, so many people left and he's trying
00:47:49
to pretend like If you move back to California, there's more
00:47:56
freedom here. Well, we talked about that last
00:48:00
week on coughing, California politics about how much Freedom
00:48:02
we really don't have here, but I mean, he's dropped five hundred
00:48:06
thousand dollars on that ad. So I mean he's sitting on like
00:48:10
20 million dollars in his campaign funds so it's not
00:48:12
surprising that he That he spent that money.
00:48:17
I mean, he's basically just lighting piles of money on fire,
00:48:21
just because he can. So anything you can do to sort
00:48:25
of dig at DeSantis, which is funny because he seems so
00:48:28
obsessed with the Santa Santa Santa is just like, I don't
00:48:32
really care. I don't really care what Gavin
00:48:33
Newsom says, or what he does. I guess not really.
00:48:36
I'm too busy running, Florida. All right.
00:48:41
What else we got? A couple more minutes.
00:48:44
I have friends moving out of California monthly.
00:48:47
Yeah, it's hard. It's hard to.
00:48:49
It's hard to live in California. Not gonna lie, you know, even a
00:48:54
used to be, it's hard to live in like, coastal areas, like San
00:48:58
Diego or LA, or San Francisco, but now it's becoming.
00:49:00
It's hard to live anywhere really even the Central Valley
00:49:05
and the Inland Empire and places like that.
00:49:07
It's getting harder and harder to live, like Houses are going
00:49:10
up. I mean housing, or is it weird
00:49:14
Temecula? We were looking at a house,
00:49:17
there is still five. Hundred fifty thousand dollars.
00:49:20
Do you know offhand? How many people moved out of
00:49:22
California versus how many people moved in last year now?
00:49:27
But I know is a net loss for California.
00:49:30
So we've had a couple years where it's like a net loss.
00:49:34
The oil and gas industry here is about to be displaced.
00:49:37
Yeah. And that's another sad thing is
00:49:40
that there could there's so much potential for economic growth
00:49:44
and economic Prosperity here in California.
00:49:48
But at the end of the day, just again these green policies and a
00:49:55
lot of this government overreach is really killing a lot of any
00:49:59
sort of chance of economic Prosperity.
00:50:01
I always say that they were so California is the fifth bit
00:50:04
large. Economy, and it's so fantastic
00:50:06
and is doing so well. I would say it's the fifth
00:50:08
largest economy, despite everything they do because
00:50:13
people still want to come to California.
00:50:14
There's still a lot of money in California, but at the end of
00:50:17
the day, if there was, if you really Unshackled the power of
00:50:20
California, it would be a Bucky myth.
00:50:23
It would be a monster of an economic Powerhouse.
00:50:27
If we unleashed really the economic might of California, we
00:50:33
just visited friends in Idaho and sad because people coming
00:50:35
from Cali are running natives out of California because they
00:50:38
can't afford it. Well, yeah, people.
00:50:43
Well, they cash out here, they take their cash out here because
00:50:47
maybe they bought their house years and years and years ago,
00:50:50
for three hundred thousand dollars or something like that.
00:50:53
They sell it for eight hundred thousand dollars, and then they
00:50:58
have this big pile of cash and they can go and they can outbid
00:51:00
basically everywhere in Idaho or Arizona or Nevada, or stuff like
00:51:04
that. We're in Texas because a lot of
00:51:07
Californians are just like, well, I could take this big pile
00:51:09
of money and we can move somewhere else and live in a
00:51:12
much bigger house, like a mcmansion or something like
00:51:15
that, instead of living where we leave sure.
00:51:19
I need to find a Temecula home. You mentioned sounds cheap it,
00:51:23
it was actually a nice home. It was pretty good, but I don't
00:51:27
want to live in Temecula, so to make this too far from
00:51:29
everything. It's almost like more than an
00:51:31
hour from where we are right now.
00:51:33
Now, I understand that housing prices continually Rising when
00:51:36
so many people are living California.
00:51:37
There should be a surplus of housing.
00:51:39
We've been actually looking and we've noticed that houses have
00:51:44
gone down. There was one that my wife was
00:51:47
looking at the other day and she just keeps an eye on everything
00:51:50
because she wants to buy a house.
00:51:52
We would eventually want to buy a house but she saw one drop 45
00:51:56
thousand dollars just recently. So she's been watching and she
00:51:59
says the the prices are going down again.
00:52:04
But at the end of the day, I don't know how much they're
00:52:06
going to go down some of these houses you look at and you're
00:52:08
like, I don't want to buy a townhouse for six hundred and
00:52:11
forty five thousand dollars. So I want to wait until it's
00:52:16
actually reasonable. Maybe I want to buy my own house
00:52:18
with like a backyard and stuff like that.
00:52:21
China in Black Rock or buying up homes in California, black
00:52:24
rocks, the biggest issue. You know, Black Rock can come in
00:52:27
and outbid everybody and that's a big issue and you know someone
00:52:32
just mentioned and the housing bubble is about to burst.
00:52:35
I'm concerned that with the housing bubble bursting that
00:52:38
would just give incentive for places like Black Rock to just
00:52:41
swoop in and buy up even more properties that on the cheap or
00:52:46
or or this is the other thing. I saw believe it was on
00:52:51
Bloomberg or somebody was talking about it.
00:52:55
Actually, that's a good comment Karma.
00:52:57
I want to get back to that because Mexico does not allow
00:52:59
foreigners to buy any sort of property and I think we talked
00:53:03
about that way back. Maybe last year when we had
00:53:07
somebody on, who is an expert in China?
00:53:09
Is that Mexico doesn't allow foreign buyers or foreign
00:53:12
entities to buy any of their property.
00:53:16
And if you put sort of a moratorium on foreign buyers,
00:53:19
you might see a better for Californians or Americans in
00:53:22
general. But the other thing I heard in
00:53:27
this is talking about black rock and all these companies is if
00:53:30
there is a burst and the bubble burst and all these prices go
00:53:34
down, think about how many houses they have on their asset
00:53:37
sheets. That they may say this is not
00:53:40
really a good investment. So we're going to start getting
00:53:43
rid of in selling all of these housing so that may be one of
00:53:48
the upsides of the housing bubble bursting.
00:53:50
Is that a lot of these big companies like Black Rock will
00:53:52
look at their asset sheets and go Well, it's not really
00:53:56
profitable for us to hold on to these houses because they're all
00:53:59
going down. So we're going to start selling
00:54:01
out selling off a lot of these houses, which may create a
00:54:04
deluge of Supply back on the market, which will cause the
00:54:07
prices to go down even further. So, you know, it's all
00:54:10
connected. It's the free market.
00:54:11
That's what happens, you know, Gavin, Newsom thinks that the
00:54:15
government's the solution to free market because that's how
00:54:19
it works when stuff fails in the free market, just have the
00:54:23
government do it because they do away.
00:54:24
A better job. Yeah you can only lease land in
00:54:28
Mexico. If you are a foreign citizen you
00:54:33
can lease for like a 99 year lease.
00:54:35
But again, I don't know how, you know, I wouldn't be in a foreign
00:54:42
citizen. I that is not favorable to
00:54:44
foreign citizens owning property.
00:54:46
I don't know how safe I would feel even having a 99-year
00:54:50
lease. I don't I don't know.
00:54:51
They could just change the law and say, okay now we're going to
00:54:53
get rid of you. So But if you know someone who
00:54:59
is a Mexican citizen, you can buy property.
00:55:03
I don't foresee Sacramento, homes, dropping as far as cities
00:55:05
along the coast, but we'll see. Yeah, I don't know much about
00:55:09
Sacramento, but I do see prices going down here when it comes to
00:55:12
housing. People leaving interest rates,
00:55:16
Rising mortgage applications going down.
00:55:19
Demand is going down the longer places, sit on the market, the
00:55:24
longer there, the more their prices are going to get slashed,
00:55:27
you know, the more they're going to just keep slashing more and
00:55:31
more. So hopefully it does go down.
00:55:36
I mean, I hopefully, for people like me who want to buy a house,
00:55:39
it goes down. I feel bad for anybody who owns
00:55:41
a house right now. I don't want the bubble to burst
00:55:43
and to have your whole Equity, why?
00:55:44
Out. But that's the problem when the
00:55:46
FED plays too much games with the economy and they print money
00:55:50
and then inflation and they allow companies like BlackRock
00:55:53
to be too big to fail. And, you know, that's what
00:55:56
happens when you have the government really intervening in
00:55:58
the economy too much to keep pumping and pumping and pumping
00:56:00
and pumping because it's not politically advantageous to have
00:56:06
to have a bust, right? So Let's see, the difference is
00:56:13
that there is far more inventory. 2008, when the bubble
00:56:16
burst there really isn't the inventory.
00:56:18
Now there would be need to be massive layoffs in the people,
00:56:21
go into foreclosures. Yeah, I think they're holding
00:56:23
off a lot of foreclosures because of covid and stuff like
00:56:27
that. It's a perfect storm right now
00:56:29
and I think it's headed towards a big drop soon.
00:56:34
They're going to try and pump it up as much as possible but
00:56:37
bottom line. We're still looking you to lead
00:56:40
the seat flipping Revolution. So you have to tell us what to
00:56:42
do. Well, that's what the Cala
00:56:44
public and caucuses for, and I'm happy to say we're back on track
00:56:47
with the cow Publican caucus. We've we've been discussing.
00:56:50
We're going to get back out there.
00:56:51
We're going to make it official. We're going to start being able
00:56:53
to raise money and start getting out there and working on stuff.
00:56:57
So I think it'll mostly be a San Diego, Orange County thing for
00:57:01
right now. Because if it can work in Orange
00:57:03
county and San Diego, then we'll just keep replicating it
00:57:06
throughout the entire state. So, keep your eyes peeled.
00:57:10
For the Calla Publican caucus to get more active again,
00:57:13
officially and you know, see where it goes because I think we
00:57:18
need leaders and we need people who are actually going to
00:57:20
provide real solutions and not just say they are not Democrats
00:57:24
and hope that people will vote for him.
00:57:26
Because just say, in California saying you're not a Democrat is
00:57:31
not going to cut it. Like you actually have to You
00:57:35
actually have to provide Solutions.
00:57:38
Let's help to make a Hamilton one.
00:57:39
Yeah. Hopefully to make a winds, will
00:57:41
have to make a Hamilton just one of our favorite guests.
00:57:43
She's a, she's a close friend, so condo for almost a million.
00:57:48
Whoo, geez. And Laguna Nigel.
00:57:50
Well that's a nice area to Laguna.
00:57:52
I Joe. So I don't I don't expect
00:57:55
anything to be cheap and look Moon.
00:57:56
I Joe, every once in a while for traveling up an orange, I think
00:58:01
I can't remember. The last time I was in Laguna
00:58:02
Niguel, it was probably I know how many years ago when I went
00:58:09
up to interview, Anthony Trevino for the first time I interviewed
00:58:12
him at his office and we drove back the the scenic route from
00:58:16
Orange County because we want to stop and get lunch at Javier's.
00:58:19
So it's been a while since I've been up in that area.
00:58:24
But it's a beautiful area. I mean, that's That's why I'm
00:58:29
not shocked that they're they have expensive prices.
00:58:32
All right, well did hop on a little bit layers are give you a
00:58:36
couple extra minutes mother-in-law's.
00:58:39
Having trouble selling her home and Carlsbad interesting just
00:58:44
goes to show you. It was you know it is it is hard
00:58:48
to sell property. Now people aren't really buying
00:58:50
so when people don't buy, guess what happens?
00:58:52
People start slashing and those prices start to fall because no
00:58:56
one's buying Javier's. The I have a hobby Aires is a
00:59:02
what is this Xavier shall be no? See next month.
00:59:04
Javier's is an upscale Mexican restaurant, very famous, very
00:59:10
good food. Really kind of swanky place.
00:59:14
It's right there, like on the cliffs.
00:59:18
So, it's right there. Overlooking the ocean.
00:59:20
It's very, very nice. So that's where we stopped for
00:59:24
lunch on the way back because we just had all the time we put It
00:59:28
the whole day aside. So we're like we have all this
00:59:30
time when we just stop and get expensive, Mexican food yet.
00:59:35
It can be a little expensive but it's good.
00:59:37
It's good. I'm very wary and I'll finish
00:59:40
with this thought kind of rounding it out before we go to
00:59:43
our podcast tomorrow night. Remember tomorrow night at 8
00:59:45
p.m. Live on YouTube.
00:59:47
We're going to have an think abbas's cabassa.
00:59:51
I think it's cabassa and Karina Manuela who are going to be on.
00:59:56
And we're going to be talking about Right Latino summer.
01:00:00
And basically what it means to, if you're not with the program,
01:00:04
are you Hispanic who's determined to be far, right?
01:00:07
But my thing about expensive Mexican food is that it's really
01:00:13
hit or miss. And that nine times out of 10, I
01:00:17
would much rather go to, like a place.
01:00:20
Like Tacos, El Gordo, or like a street Taco, like a taco truck
01:00:25
or something like that. Where I can buy a fish taco for
01:00:29
350, and it's going to be way better than like in twelve
01:00:33
dollar fish taco at a really expensive place, but Javier's is
01:00:36
good Javier's is really good. It's one of those rare places.
01:00:39
A lot of times they try and make like tokaiya or organic or
01:00:43
something. That's another chain and it's
01:00:45
like healthy Mexican food. I'm like, man, that doesn't
01:00:48
really work and it's expensive. It's expensive and oh no, yeah
01:00:53
I'm absolutely against crispy tacos.
01:00:55
Hardshell Tacos. Yeah, I'm against Hardshell
01:00:57
tacos. That's White people tacos crispy
01:00:59
tacos, but yeah. Anyway, you know, like crispy
01:01:05
tacos. I like our potato tacos when you
01:01:07
fry them with the potatoes, and mmm.
01:01:10
So with that said, thanks everyone for tuning in.
01:01:13
Don't forget to tune in tomorrow at at 8 p.m., we're going to
01:01:19
have Antigua basses and Karina Manuela.
01:01:22
We're going to be talking about a lot of these issues and it'll
01:01:26
be a good one. I'm looking forward.
01:01:27
Word to this must be an Italian thing.
01:01:29
Me, neither my mother, she would get the Ortega and she would
01:01:36
just get those pills like Ortega packets, which had like the
01:01:41
Hardshell tacos and all the mixings in there.
01:01:44
And I hate, I couldn't stand the Hardshell tacos.
01:01:47
I was all about the flour tortillas or the softer
01:01:49
tortillas. I couldn't stand it and now I've
01:01:52
grown to love corn, tortillas even more.
01:01:54
So anyway with that said, thanks for tuning in.
01:01:57
Everybody will Back next week. Same time. 9:00 a.m. coffee in
01:02:01
California politics. And yeah, see you all tomorrow
01:02:05
night. So thanks.
01:02:36
Thank you for listening to another episode of California
01:02:39
underground. If you like what you heard,
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