In this episode we tackle how Sleepy Joe, may be Biden the Jerk. His confrontations with voters has shown that he has no interest in constructive dialogue and that can hurt him come November.
Coronavirus has forced us all in the house, but my opinion is that the worst is behind us. While the Media and the Left tried to use this to sink President Trump, it will be another failed attempt.
California may have hit the breaking point with taxes. Voters rejected Prop 13 which was supposed to raise billions for schools through the issuance of a bond and yet it was voted down. Are Californians finally figuring out bonds = debt and to pay off the debt you need to raise taxes?
Link to full article below.
http://www.capoliticalreview.com/top-stories/californians-reject-new-taxes-and-borrowing/
00:00:06
If you're a California, conservative a Libertarian, a
00:00:09
moderate Democrat. Believe in common sense, or just
00:00:12
the same person. This is the political podcast
00:00:15
for you. It's the California underground
00:00:17
podcast. What's going on everybody?
00:00:23
Thank you for tuning in to another episode of California
00:00:26
underground. I know things have been crazy.
00:00:32
But all the news going on. It has been a wild ride as of
00:00:43
this far. It's incredible.
00:00:45
So it is it crazy to think that only two months ago.
00:00:50
We were talking about going into World War 3.
00:00:53
And now, the whole world is gripped by coronavirus.
00:00:56
I mean, it's just unbelievable. Think the amount of panic that's
00:01:00
been going on in 2020. Thus far, I you think 2020, I'm
00:01:07
constantly surprised by what's going to happen next.
00:01:09
When it comes to 2020 and this coronavirus thing.
00:01:13
We're going to talk about in a little bit.
00:01:14
But the first thing I want to talk about is the presidential
00:01:18
race because it got Interesting. Definitely got interesting.
00:01:22
It looked like Bernie was going to steamroll to the nomination.
00:01:26
It now with Biden and super Tuesday.
00:01:29
It looks like he's going to steamroll his way to the
00:01:32
nomination. And that is the subject of
00:01:36
today's out of the gate monologue.
00:01:40
So, the Democratic party's biggest enemy is not Donald
00:01:44
Trump. I mean, he's one of them, but
00:01:46
he's not the only one. No, it's an enemy Within it's a
00:01:52
fracturing of the party right down the middle of their voters
00:01:55
and supporters. You have the revolution faction
00:01:59
with Bernie Sanders and his supporters and the establishment
00:02:02
faction coalescing behind by it. And you saw it with mere hours
00:02:07
before super Tuesday. You had Pete Buddha judge, and
00:02:10
Amy Klobuchar, dropping out. You saw the fear in the
00:02:15
establishment when it day before super Tuesday, just out of the
00:02:17
blue to so-called moderates and I say so called because they
00:02:21
pretend like they're moderates, but they're not really
00:02:23
moderates. People who Judging Amy Klobuchar
00:02:26
dropped out within hours of each other were around the next
00:02:29
private jet down a Texas to throw their support behind
00:02:32
Biden. Oh, and Robert Francis O'Rourke
00:02:36
another moderate, or at least about socialist was there.
00:02:42
Which is odd, considering Robert Francis O'Rourke, was supposed
00:02:46
to be part of this. New Revolution of young
00:02:48
Democratic socialists, who want to tax the rich.
00:02:50
Take your guns and leave the borders open, but I guess even
00:02:54
Robert Francis O'Rourke has a price.
00:02:58
And now, you don't think this is how politics work.
00:03:01
Remember, what happened in 2016. Bernie got robbed by Hillary
00:03:04
Clinton in the weight of the establishment, bearing down on
00:03:06
him. What if and this is a crazy
00:03:09
conspiracy theory? I know but what if Elizabeth
00:03:12
Warren was approached by The Establishment, told to stay in
00:03:15
the race to split the progressive vote and clear the
00:03:17
way for Bernie or for Biden. Is this the Democratic
00:03:20
establishment, closing ranks to keep out outside like burning?
00:03:24
It wouldn't be shocking if it was.
00:03:27
It's not like they didn't do this for years ago to Old
00:03:29
Bolshevik Bernie. So now the party is coalesced
00:03:33
around the last remaining. Viable candidate Joseph Biden,
00:03:36
Junior? Now the dust settles and what do
00:03:39
they have? A politician who's been running
00:03:41
for president for 30 years? And just now finally won his
00:03:44
first primary State a man who can barely find his way out of a
00:03:47
conversation without insulting. Someone a man who is constantly
00:03:51
confused in lacking Focus. And this is the best they have.
00:03:57
Somewhat, I know said the worst thing.
00:03:59
President Obama did was bring along all these has-beens and
00:04:02
old guards with him into the new Administration, it just breathe
00:04:07
life into their sunsetting political careers, Hillary
00:04:10
Clinton a woman who lost her Mojo and was trounced by a
00:04:13
first-time politician and Donald Trump.
00:04:15
Joe Biden. A seemingly nice guy who went
00:04:18
confronts on the campaign Trail shows a remarkable ability than
00:04:21
skin. So now you have a Democratic
00:04:24
party who in my mind is probably using old Joe as the sacrificial
00:04:27
lamb. The old.
00:04:28
We'll get them next time, type a candidate.
00:04:30
The kind you saw with John McCain and Mitt Romney.
00:04:33
It was their turn. So we'll let them run for
00:04:35
President. We know we're probably not going
00:04:37
to win. We'll get him next time.
00:04:39
You are crazy about these cannons, but you plug your nose
00:04:42
and voted for him anyway. The energy of the party for
00:04:46
Better, or For Worse is with its Progressive Wing.
00:04:49
If and that's a big, if Biden manages to win the White House,
00:04:53
he'll be still be beholding to the far left Progressive wing of
00:04:56
the democratic party. Nancy Pelosi.
00:04:58
Couldn't control the squad. What makes you think that Joe?
00:05:00
Could? You will have AOC Ryan
00:05:03
Department of energy and Robert Francis O'Rourke, run the ATF
00:05:06
within 100 days. But that won't nearly be enough
00:05:09
to satisfy the progressives before the election when the
00:05:13
berry supporters feel like they were robbed again, which they
00:05:16
will. Do you think that they will sit
00:05:18
idly by and accept another establishment candidate?
00:05:22
Some might, but a majority of the diehards have vowed to burn
00:05:25
the party down. They vowed to create chaos at
00:05:28
the Democratic Convention. In Milwaukee riots protest, you
00:05:32
name it and nobody knows how to throw a protest quite like a
00:05:35
progressive. So know what orange man.
00:05:38
Bad is a grave enemy to the Democratic party.
00:05:41
Their biggest enemy lies within their own ranks.
00:05:44
It's the progressive folder who will feel left out in the cold
00:05:48
again. They're stubborn is to get what
00:05:51
they want will cause trouble, it will cause tension.
00:05:54
I doubt Joe can keep their party together.
00:05:57
So while the world spins out of control with this coronavirus,
00:06:00
the Democratic party still has a much bigger issue their own
00:06:05
disgruntled supporters, any Lackluster candidate.
00:06:10
So at first, I thought this the other night about Joe Biden.
00:06:17
At first, I thought to myself, this is just cruel what they're
00:06:19
doing to Old Joe, you know, he's been a good foot soldier of the
00:06:24
democratic party for 30, 40 plus years.
00:06:29
He's done his job. He served admirably as he puts
00:06:31
it with the Obama Administration, which he likes
00:06:34
to remind everybody every time he's on a campaign stump.
00:06:40
But now I've started to dislike the guy and lose respect for
00:06:44
him. And that's because every time
00:06:47
that he seems to talk or open up his mouth, he can't help but
00:06:50
insult people. And this is my thought is, can
00:06:54
we all just agree that Joe Biden is a jerk and before people say,
00:06:58
well, I know Donald Trump was insulting people.
00:07:01
Donald Trump never went to a voter's phase and called him
00:07:05
something like a horse's ass or fat or a lying dog face pony
00:07:10
soldier. Whatever the heck that means.
00:07:14
It Seems like by it, and even by his own supporters, his own
00:07:17
supporters, come up to him and ask him questions and push him
00:07:19
on stuff, and he can't seem to get out of his own way.
00:07:25
The most famous this past week that we all saw was this union
00:07:30
worker who pressed? Joe, Biden on the Second
00:07:34
Amendment. Now, union workers used to be
00:07:36
the backbone of the democratic party.
00:07:39
They used to be solidly lockstep with Democrats.
00:07:43
Donald Trump has shown that he can actually break into the
00:07:45
Union's. Why?
00:07:46
Because he has a construction guy has worked with unions.
00:07:49
He knows how to talk to these guys.
00:07:51
And to be honest. The Democratic party hasn't
00:07:53
really done anything. To show that they actually
00:07:57
appreciate the Union's. It's the same old.
00:07:59
Well, we're going to promise this that and the other thing,
00:08:02
and then after we get your votes for years of Outsourcing, your
00:08:06
jobs, Outsourcing labor, Outsourcing manufacturing, so
00:08:09
that you lose your union jobs and that there's no jobs for any
00:08:13
of the unions to work. But for him to look at a unit
00:08:19
and some people are saying, well, he was a trump supporter.
00:08:21
He was obviously trolling the guy.
00:08:25
I don't know if that's absolutely true.
00:08:27
This was a bite in event. He came to see Joe Biden whether
00:08:31
or not he was voting for Trump or not.
00:08:33
He's still a voter. You still have to fight for
00:08:35
every boat in this is going to be a tight race.
00:08:37
This is not going to be a blowout that I think it's going
00:08:39
to be a lot of people think it's going to be a blowout.
00:08:42
I think it's gonna be a lot closer than we need to
00:08:44
participate. It's not going to be that big of
00:08:48
a blow, unless Joe. Biden, absolutely falls apart
00:08:50
and looks like he doesn't know where he is.
00:08:52
And the Democrats are stuck with him.
00:08:55
I don't doubt. I don't think that this is going
00:08:57
to be a huge blowout and it's going to be a lot closer.
00:09:00
So fighting for all these different votes is important.
00:09:04
And Joe, Biden doesn't seem to respect that.
00:09:07
You know, he has a guy, ask him a question an event and he talks
00:09:10
about Fitness and he says, well, let's do some push-ups.
00:09:12
And, you know, I tell you what fat, as if to call the guy fat,
00:09:16
I mean, it was a little bit, you know, husky but you don't call
00:09:20
someone fat. I need to look at a woman and
00:09:25
call her a lying dog face pony soldier and people are trying to
00:09:27
rationalize a say. Oh, well, it's an old movie
00:09:30
reference. He's an old guy.
00:09:31
That's what it is. I thought in today's day and age
00:09:34
you never insult. You should never insult a woman
00:09:37
period but I thought in today's date you don't insult especially
00:09:40
from the Democrats. I don't care what you call
00:09:43
there. You could have called her a
00:09:44
doodoo head. Same thing with this union
00:09:49
worker. He pushed back a little bit on
00:09:51
the Second Amendment. He said, well, you know, you
00:09:56
said you were going to take all guns and the guy said, well,
00:09:59
you're full of shit. And so, he keeps pushing back
00:10:06
and he says, well why you could see that he ran out of talking
00:10:10
points and he got completely flabbergasted.
00:10:13
When the union worker correctly stated that more gun violence is
00:10:16
committed by handguns rather than AR-15s.
00:10:21
And you have to say it's AR-15s, not a are 14s because no one
00:10:26
knows what an AR 14 is because it doesn't exist.
00:10:30
But he was correct and pushing back on that point.
00:10:34
And once Joe Biden ran out of talking points, he shuffled off.
00:10:38
But it's evident that every day that Joe Biden's on the campaign
00:10:41
Trail and every day he gets in touch with someone.
00:10:45
He can't handle it. He can't handle being pushed
00:10:48
back on by voters. He thought that because of his
00:10:53
connection with President Obama who is still very much adored by
00:10:58
the Democratic Party. He thought that he could just
00:11:03
Waltz into places and people would think because he's you
00:11:06
know, the sidekick. He's the robin to Obama's Batman
00:11:10
that they were just going to love Biden uncut,
00:11:12
unconditionally, but that world is gone.
00:11:16
And this is because of two times with Bernie running.
00:11:18
The progressives is right? Like I was saying in the out of
00:11:20
the gate monologue, That this is because the progressive wing of
00:11:25
the party is tired of what they call the corporatist
00:11:28
middle-of-the-road Democrats. They're tired of these Democrats
00:11:35
who think that they're Progressive, but they're not
00:11:37
really Progressive. They want real change.
00:11:39
They want a real left party. And that wing of the party has
00:11:43
left old. Has-beens, like, Joe way behind,
00:11:48
so you're going to see a lot of pushback.
00:11:49
You're going to see only pushback from people who are
00:11:54
maybe in the middle Independence, who are still
00:11:57
deciding whether they want to support President Trump or Joe
00:12:01
Biden. You're going to see a lot of
00:12:04
people pushing back on him and ask him questions.
00:12:10
I'm interested to see if he can hold it together.
00:12:15
Because quite frankly. He looks like a jerk.
00:12:18
He looks like a guy you don't want to talk to in the old car
00:12:22
with thing is. When you're coming off as a
00:12:25
president, you want to come off as a guy that you want to have a
00:12:30
beer with? Now.
00:12:34
Does Joe Biden when he calls people names and gets in their
00:12:38
face. And says, I ought to slap you.
00:12:41
Or I take it out back or immediately resort to violence
00:12:44
and call you names. Do you as I sing like the guy,
00:12:46
you want to sit down have a beer with probably not.
00:12:50
As opposed to maybe President Trump's demeanor.
00:12:53
When he talks to people, he seems to be a little bit more
00:12:55
warm and the universal. It seems that everybody who
00:13:00
meets him says, he's very friendly, very outgoing.
00:13:03
He's very calm, very accommodating.
00:13:09
They're all surprised at how nice he is.
00:13:12
This matters this late, these little things matter.
00:13:15
It doesn't matter policy versus policy people vote for a person.
00:13:19
And if they look at Joe Biden and say, this guy looks like a
00:13:23
jerk. They're not going to vote for
00:13:25
him. And if he continues to look like
00:13:28
a jerk, people are going to there's going to be one, you
00:13:32
know, they'll be one insult that will send thousands of Voters
00:13:34
out and say I you know, I'm not voting for this guy.
00:13:38
He may get a senior citizens face.
00:13:42
He may get in another woman's face, but whatever it is.
00:13:48
They're going to have to really try and Wrangle old Cho and stop
00:13:53
him from being such a jerk. Because at this point.
00:13:59
This is the candidate they got. They screwed old Bernie and now
00:14:05
they're stuck with Joe Biden and he may have a thousand dollar
00:14:09
smile. He may look like he's got enough
00:14:12
hair plugs up there to keep him going, but all honesty, I this
00:14:17
is a train wreck waiting to happen.
00:14:19
Now, people in the left, people who are obviously anti-trump,
00:14:24
they will vote for him. It's these people in the middle.
00:14:28
The people in the middle is what it all comes down to.
00:14:33
And those people are going to have to decide based on
00:14:35
personality whether they like President Trump or whether they
00:14:41
like Joe Biden. And the more Joe Biden goes out
00:14:43
there insults people. I believe that that's what's
00:14:47
going to happen. Which leads me to my next point
00:14:50
about this whole coronavirus. Now.
00:14:53
I know you're all sitting on. We got to talk about this
00:14:55
coronavirus again. How much more can people talk
00:14:59
about this grunt? Believe me?
00:15:00
I've been stuck in the house. I'm not a fan of it.
00:15:03
I've had to cancel trips. I've had to cancel plans.
00:15:06
I had a very busy March lined up for myself, and now I have to
00:15:11
cancel it all and sit at home. So I'm not too happy about the
00:15:15
coronavirus either, but as I'm recording, this President, Trump
00:15:19
just got done with the Rose Garden speech, Dow finished at
00:15:22
1985 points. That's probably the biggest
00:15:25
rally gain and US history. So whatever he said, the markets
00:15:32
loved it. Now, of course, you won't hear
00:15:35
that from the left. The left will obviously, pin
00:15:38
black Thursday on Trump and say, well, it's his fault.
00:15:41
He didn't do anything correctly. Now that will they turn around
00:15:44
and say, well today's stock market rally was because
00:15:48
President Trump came out and said, X y&z, he came out.
00:15:53
He had a detailed plan. He had CEOs Executives saying,
00:15:56
look, we're going to do, X, Y and Z.
00:15:58
This is what's going to happen. We've declared a National
00:16:00
Emergency which releases 50 billion dollars from different
00:16:04
agencies. Combat, this, this is an
00:16:06
all-hands-on-deck approach right now.
00:16:09
As you can see and it's been a month, okay?
00:16:13
It's been about a month and this is an all-hands-on-deck National
00:16:17
Emergency, every agency, that could possibly be out there is
00:16:20
doing what they're doing. Now.
00:16:21
I'm going to say that he didn't kill it in his prime-time
00:16:26
speech. And the market showed that he
00:16:29
didn't kill, he wasn't specific enough.
00:16:31
He didn't tell people what the plan was in pandemics.
00:16:34
Like this. It's the uncertainty that just
00:16:38
absolutely takes the air out of the room.
00:16:41
It is the uncertainty that you don't know what's going to
00:16:45
happen and people need that certainty.
00:16:47
And I will admit that President, Trump did not provide that with
00:16:51
his off, with his stated over. We're not say the union has
00:16:54
address in prime time. That's not to say he didn't do
00:17:00
fine, that his tone wasn't fine that he he just didn't come off
00:17:05
as a guy who had it under control as opposed to contrast
00:17:10
that today in the Rose Garden where he was much more natural.
00:17:13
He came out, he had a team behind him.
00:17:15
He had Executives. He had all his heads of
00:17:17
different departments. He had Mike Pence with him and
00:17:21
he came out and said very boldly.
00:17:23
This is a National Emergency. This is what we're going to do.
00:17:26
These are the steps were going to take This is the stimulus.
00:17:30
We're going to provide. This is how we're going to help
00:17:32
people get through this. Through the economy.
00:17:35
This is how we're going to help people get testing and he
00:17:38
actually had CEOs come up and say, okay, we've agreed to this.
00:17:40
This is what we're going to do, and that's the clarity that the
00:17:44
market needed, and we saw that today.
00:17:48
We saw the rebound, we saw it go from.
00:17:50
It was middle in around 500 points, five 700 points, going
00:17:54
up and down, bouncing around. But as the speech went on the
00:17:59
rally began and you started to see it, go from 700, to 1000, to
00:18:04
1200, and it kept going and going at one point.
00:18:07
I thought it was going to hit 2 points. but the typical
00:18:16
obviously hypocritical response, is that black Thursday is all
00:18:20
Trump's fault. Black.
00:18:22
Thursday is his fault because he because the markets didn't have
00:18:25
confidence in him. Today.
00:18:26
He comes out while he's speaking.
00:18:29
The rally continues and continues and continues and you
00:18:33
Ki. Try to tell me what else could
00:18:36
have caused that Rally from it to go file Windows, Middle East
00:18:40
around 5 702 all of a sudden now, it's almost 2 points.
00:18:45
That's a rally in a half an hour.
00:18:47
That is a huge rally. That's the market saying.
00:18:50
Okay, the federal government's, got this under control.
00:18:54
They're going to start implementing these things.
00:18:56
There is going to be stimulus on the way and this is we're going
00:18:59
to get through this. And that's what you need to hear
00:19:01
from the president and I think so.
00:19:05
He nailed it today. Was much better than the speech
00:19:07
on Wednesday. I think he absolutely nailed it
00:19:12
in the sense that he just laid it out, and that's what people
00:19:15
need to hear my my optimistic. Prediction about coronavirus is
00:19:23
this less than 30 days from now. I said, 30 days earlier in the
00:19:28
week. I think less than 30 about 30
00:19:30
days. We're going to see a complete
00:19:32
turnaround with the coronavirus and I says, before not to wish
00:19:36
ill. I love Tom Hanks, Forrest Gump's
00:19:38
one of my favorite movies, but I think Tom Hanks and his wife
00:19:42
getting coronavirus. Maybe one of the best things to
00:19:44
help calm the panic. When it comes to this, this
00:19:47
virus. Why?
00:19:49
Because Right. Now, we know people are
00:19:51
recovering. There are 60 recoveries
00:19:54
right now, of people not dying. Mind you.
00:19:58
There's only been 40 deaths, so far in the United States.
00:20:01
And I only say, only as in the sense of Statistics, obviously,
00:20:04
every life is important. It's a shame that anybody has to
00:20:07
pass away because of this coronavirus.
00:20:09
But in the statistical scheme of things 60, recoveries
00:20:15
compared to 40 fatalities is a big number and while they've
00:20:21
tried to get people on the news who say, yeah, I got
00:20:24
coronavirus. I felt a little sick.
00:20:25
I had a fever, it's like the normal.
00:20:27
Flu or you know, I did what people do when they get the flu.
00:20:30
I stayed home. I watch TV.
00:20:32
I did this, I did that and now I'm better.
00:20:34
I feel much better. But that wasn't on a scale
00:20:39
enough to get people to understand that recovery is
00:20:44
possible. And I think when Tom Hanks gets
00:20:46
this and now we have the wife of Justin Trudeau.
00:20:49
Sophie Trudeau has also got this more public figures who get this
00:20:53
and come out, you know, I got sick for a little bit.
00:20:56
It's like the flu. I didn't feel well.
00:20:59
I had a fever, I stayed home. I got fluids, just like the flu.
00:21:05
And I recovered. And here I am 57 days later.
00:21:08
Just like a normal flu. I'm fine.
00:21:10
When people start to see that when people start to see that,
00:21:14
it's okay for the majority of Americans that if you get this
00:21:17
coronavirus, it's not a death sentence.
00:21:20
It's not the end of the world. It's not Ebola, which is going
00:21:23
to eat your insides. It's a flu.
00:21:26
It is a respiratory virus, which if you're healthy and you have a
00:21:30
good immune system will fight it off.
00:21:35
Obviously, we don't want to keep having this spread, but I think
00:21:39
the more we start to see public figures recover from this, say
00:21:43
look I may have gotten it but I'm okay.
00:21:46
Now shows people. Okay, we can maybe we can go out
00:21:49
and it maybe we can come out of the house.
00:21:52
Maybe we can do it. And obviously we're trying to
00:21:55
stop the spread of it right now. With social distancing, what
00:21:58
everyone else is doing? But I think when you see public
00:22:01
figures. Who are going to get it, but
00:22:06
they're also going to turn around and show that they're
00:22:09
fine. I think that's really what's
00:22:13
going to help turn the corner between that I think a strong
00:22:18
plan, which was laid out today by the White House.
00:22:20
A stimulus bill from Congress. You're going to start people
00:22:23
saying, okay, we have tools to deal with this.
00:22:26
This isn't the end of the world and a lot of people are
00:22:28
obviously going to try and make it the end of the world.
00:22:31
The media is going to blame this on Trump, as long as possible.
00:22:34
They may have found, they figured this is the kill shot.
00:22:37
This is what's going to get him, because if we can get him on his
00:22:41
strongest asset, which is the Roaring economy.
00:22:46
Then people are going to, this is what we're going to go after,
00:22:48
we're going to so panic and fear to the point where the markets
00:22:53
crash and we can say well Trump didn't handle this correctly.
00:22:55
Now. Look what happened is precious
00:22:57
economies and Garb is in the garbage can and now we need Joe
00:23:01
Biden to come in. I think President Trump looked
00:23:04
way more presidential today in the Rose Garden.
00:23:07
The way he handled it. Then Joe Biden or Bernie Sanders
00:23:10
did coming out yesterday. Play Monday Morning Quarterback.
00:23:14
And I'll give it to Nancy Pelosi.
00:23:15
I hate to say. It actually makes me makes me a
00:23:19
little sick, but she has been at the Forefront saying, we're
00:23:23
going to figure this out. We're going to pass a bill.
00:23:25
We're working on it. Maybe she's been trying to slide
00:23:27
a couple things in there. Like the permanent removal of
00:23:33
work requirements for SNAP, which now, they've scaled back
00:23:36
to a temporary removal of work requirements for snap.
00:23:44
But the left is going to use this.
00:23:47
It's like one hoax after the other.
00:23:49
It's like World War 3. When we shot Rockets, all those
00:23:53
odds World War 3 or then, it's world war three, writing to
00:23:56
world war three Trump's going to get us into a huge War.
00:23:59
That was the end of it. Yes.
00:24:00
They fired more Rockets just the other day, but Well, it happened
00:24:08
to world war three world war three is gone.
00:24:10
We're going to get past coronavirus.
00:24:11
The markets will rebound. The fundamentals of this economy
00:24:15
are still strong. The economy's been roaring for
00:24:18
three and three plus years. Now, all of a sudden everyone's
00:24:21
going on. The markets, going to crash,
00:24:24
just out of nowhere, just because the fundamentals aren't
00:24:26
strong. Fundamentals are strong.
00:24:30
Hey, we're going to say once there is more certainty.
00:24:33
The market will react. It's just, the media has been
00:24:39
pushing this panic and hysteria because they want people to
00:24:43
believe one that President Trump can't handle this.
00:24:47
And two, they want to push it because the more Panic they
00:24:50
spread the market looks bad and the economy looks like it's
00:24:55
going to tank. So we're not out of the woods
00:25:00
yet. But compare this reaction by the
00:25:03
media to when President Obama had to deal with swine flu,
00:25:07
they're going to rationalize everything, everything out of
00:25:11
the, you know, it was 2009. It was right after the recession
00:25:15
or we're trying to stop the recession.
00:25:17
It was a global, you know, has a global collapse.
00:25:24
They're going to rationalize everything.
00:25:25
Forget the fact that President Obama waited six months to
00:25:28
declared a national emergency and a thousand people.
00:25:31
Died. 6 months before it was declared, President, Trump
00:25:35
declared it today. A National Emergency 40 people
00:25:38
died. That is a huge difference.
00:25:43
Experts like dr. Fauci are saying, it is
00:25:46
absolutely a huge benefit that we have these travel bans in
00:25:51
place. They put the travel ban out.
00:25:54
We implemented the travel ban long before the world horse
00:25:58
Health Organization said, you shouldn't go to China and it was
00:26:01
actually the world horse Health Organization that said that was
00:26:05
against this idea of a travel ban to China.
00:26:08
They didn't like the idea that the Secretary of State and that
00:26:11
the state department was putting out travel advisories to China
00:26:15
and then when we finally banned all travel to China, World,
00:26:19
Health Organization was not happy about it.
00:26:20
And now now, that has become a global pandemic, obviously,
00:26:24
they're behind it. The same thing with the ban on
00:26:27
Europe travel. It's been helping slow it in
00:26:33
these contagions and these pandemics you have to slow the
00:26:37
rate of infection and people spreading it.
00:26:39
And the less people you have coming in in the last people you
00:26:43
have who might be infected coming through Europe.
00:26:47
It is a huge help because there's only so many resources.
00:26:51
There's a limited amount of resources we can use to fight
00:26:54
this. I mean, obviously there's a lot
00:26:57
of resources when you release 50 billion dollars to help but I'm
00:27:00
saying there's a limited amount of resources or the limit amount
00:27:02
of hospital beds. It can't turn into Mass
00:27:05
hysteria. Can't be everyone in a hospital,
00:27:07
but there's not a hospital bed for every American in the
00:27:10
country. But compare the media reaction
00:27:16
between now we're its mass hysteria every single day.
00:27:21
We're all going to die. Stay in your home.
00:27:23
The president doesn't know what he's doing to back then.
00:27:26
I don't remember a mass hysteria like this.
00:27:29
I don't remember them saying that we're all going to die.
00:27:32
This is all that the president doesn't have it under control.
00:27:37
That he waited six months until he actually declared a National
00:27:43
Emergency. After 1000, people were dead, a
00:27:46
thousand Americans were dead. That's crazy.
00:27:50
But people are coming out saying President, Trump wasn't prepared
00:27:53
President Trump doesn't. Yeah, they bungled the whole CPC
00:27:56
testing. Sure.
00:27:59
Does he have a clamp on it now? Bold action?
00:28:03
Stop travel. We got to figure out how we take
00:28:06
care of the people within our country right now.
00:28:11
That's it. That's the bottom line.
00:28:12
We got to figure out how to take care of the people right now.
00:28:17
So that's my prediction. 30 days.
00:28:20
This will be a whole different world.
00:28:24
It's gonna be a whole different thing and to give Gavin Newsom,
00:28:27
I hated is not again. I'm now I've given credit to
00:28:30
Nancy Pelosi and Gavin Newsom. Gruesome.
00:28:33
No soon as I call them gruesome Newsom.
00:28:37
I'm giving him credit to, he acted swiftly, he acted boldly.
00:28:41
So for the whole Disneyland thing, which they kind of went
00:28:44
back on, but I understand that this meal is very important and
00:28:48
in California, but he acted swiftly.
00:28:51
Yeah, and that's all you can ask for from a governor state of
00:28:54
emergency. He knew that we needed to the
00:28:56
release funds. He knew that we needed to get
00:28:57
this under control. Obviously.
00:29:00
I'm not happy about baseball being delayed, big baseball,
00:29:03
fan. I wait for it all year round for
00:29:06
opening day, but now we gotta wait two more weeks, but it is
00:29:09
what it is. He acted swiftly and he gave the
00:29:13
Trump Administration, nothing but glowing, praise and and Mike
00:29:17
Pence's well for saying that they've been able to give him
00:29:20
everything he's asked for every request.
00:29:23
The federal government has helped him out.
00:29:26
Every promise. He's been able to help out.
00:29:31
So I give him credit. I gave him credit for Rising
00:29:33
above the politics at a time. Like this and saying, look, we
00:29:36
just need to figure out how to help people and protect people
00:29:39
in California and he did that. so, with that said, Enough with
00:29:52
coronavirus. I want to talk about the recent
00:29:54
elections on March third. This article is coming from
00:30:02
losses article coming from. Let me pull this up real quick,
00:30:06
California Globe again. I'll post it in the show notes
00:30:11
so you can read it. This is important.
00:30:14
You know, I didn't want to keep talking about coronavirus Corona
00:30:17
because things are changing. So rapidly.
00:30:18
I want to say my piece about coronavirus and by the time this
00:30:22
comes out whole nother thing can happen.
00:30:24
I mean, it seems it changes every 24 hours.
00:30:27
What's going on across? Virus.
00:30:29
But this was about, it's called Californians, reject new taxes
00:30:32
and borrowing. And it goes, it was written by
00:30:36
Edward. Rings says, the preliminary
00:30:37
election returns reported on March 4th the day after the
00:30:40
election. In the day when we used to get
00:30:42
final returns, indicate that California's voters delivered.
00:30:46
A stunning rejection of new taxes and borrowing it's about
00:30:50
time at the state level Prop 13, which would have authorized 15
00:30:53
billion in general obligation bonds for schools and colleges
00:30:57
required, a simple majority of approval.
00:30:59
But as of March 9th, the yes, votes only stood at forty five
00:31:02
point six percent and that This is unprecedented as reported by
00:31:06
Cal matter. Since 1998, voters, have passed
00:31:09
five, State School bonds, including nine billion measure
00:31:11
in 2016, that Governor Jerry Brown even Moonbeam opposed.
00:31:16
While Prop 13 s likely failure is surprisingly enough the
00:31:19
Dismal fate of hundreds of local Bond and tax.
00:31:22
Proposals indicates a broader shift in California's,
00:31:25
electorate one school. One state school bond, May Fail
00:31:28
for various reason, but there's only one that's only one data
00:31:31
point on the other hand, California had 121 local Bonds
00:31:34
on the March third ballot. The Returns on March 4th, had 86
00:31:39
of them falling, short of the 55 percent threshold necessary for
00:31:42
passage nearly 70 percent. That's a lot of Points local
00:31:47
taxes, didn't do much, better of the 111, local tax measures
00:31:51
proposed voters as of March 4th were rejecting 65 of them or
00:31:56
nearly 60% the table depicted below uses data.
00:32:00
Papa caltex. Of course, like I said, I'll be
00:32:03
showing it. I'll put it up in the show
00:32:04
notes. So you can read it for yourself
00:32:06
shows that the local school bonds had all of them accepted
00:32:09
by voters would have piled eighteen point five billion in
00:32:12
debt into California's taxpayers more than Prop 13.
00:32:16
These preliminary March, 20 2008, election results amount to
00:32:20
a near inversion of text and bond approval rates compared to
00:32:23
previous elections in California.
00:32:25
In November. 2018, November 2016, / November 2014.
00:32:29
California voters were reliable supporters of local Bond and tax
00:32:32
measures across the three elections, voters approved,
00:32:36
local spa, local school bonds at a rate that always exceed at 80%
00:32:40
and they approved local taxes at a rate that was consistently or
00:32:43
close to 70%. And this is something Next part
00:32:47
of this article is something I've been saying a long time,
00:32:49
bonds are taxes. A lot of people don't ever put
00:32:54
those two together. But now, it looks like people
00:32:56
are starting to figure it out. The previously, mentioned
00:32:58
commenters, articles suggested that voters have might may have
00:33:01
confused. The 2020, Prop 13 school bond
00:33:03
with the famous 1978 Prop 13, which froze property taxes that
00:33:08
presented an opening to philosophical opponents, wrote,
00:33:11
Richard. Crenna such as the Howard Jarvis
00:33:13
taxpayers Association, which like in the measure to attack.
00:33:16
Is increase. First of all, the fact that the
00:33:18
2020 Prop 13 had the same number as the historic 1978 Prop, 13
00:33:23
might have been misleading in both directions.
00:33:25
After all for several decades, opponents of new taxes in
00:33:27
California have had the centrepiece of their agenda, any
00:33:30
desire to protect Prop 13. Why would it low information
00:33:34
voters? Were anti-tax inclination simply
00:33:36
vote. Yes.
00:33:36
On Prop 13 to protect it. Of course, it could be that
00:33:40
quote low information voters. With anti-tax inclinations is an
00:33:44
oxymoron fair enough, but the second Of canals assertion is
00:33:47
even more debatable. The reason the Howard Jarvis
00:33:51
taxpayers Association like and measure Prop 13 to a tax
00:33:54
increase is because it is a tax increase refer again to the
00:33:58
above chord chart and consider the row additional taxes, 30
00:34:02
years, 5% interest. Based on March 4th election
00:34:07
results. The annual payment on just
00:34:08
School bonds, that passed 398 million per year.
00:34:11
Exceeds the projected annual collections on local tax
00:34:14
measures that passed through 116.
00:34:16
How is this not taxes? How will these payments of
00:34:18
principal and interest? Did you do?
00:34:27
As a result, California voters settling displaying a petulant
00:34:30
reluctance to approve billions in new taxes and borrowing also
00:34:33
taxes. Two things are certain first,
00:34:35
the recent measures enacted by California legislature, to
00:34:38
improve turnout and ensure a voting access and prevent voter
00:34:42
suppression are about to bear fruit, because a lot of these
00:34:45
local tax and bond measures remain too close to call the
00:34:49
more accurate way to describe what's now happening.
00:34:52
Goes as follows. Quote responsible people who
00:34:54
bother to register to vote in, turn up at a polling place on
00:34:56
Election Day, or Also, the people who pay taxes and
00:34:59
irresponsible people who have to be herded into casting a vote by
00:35:03
a United government operative. Tend to be the people who do not
00:35:06
pay taxes or put it another way early voters, pay taxes and late
00:35:10
voters receive taxpayer funded entitlements.
00:35:13
So put away the crystal ball because everyone knows what's
00:35:15
going on here up to 38. Local school bond measures that
00:35:18
were reported as approved on March 4th.
00:35:20
There were 14 totaling 2.3 billion.
00:35:24
That were only ahead by three percent points or less, how many
00:35:27
of those might one expect to eventually fail?
00:35:30
Once all the votes are counted zero, conversely of the 86,
00:35:34
local school bond measures that were reported as rejected as a
00:35:37
March 14th. There were also 14 totally 1.6
00:35:40
billion that were failing by three percentage points or less.
00:35:43
How many of those might want to expect to eventually succeed.
00:35:46
Once all the votes are counted, in The short-run Californians.
00:35:49
Thanks efforts to Goose the electorate in the name of voter
00:35:52
access. May expect another Billion or
00:35:54
two in debt vs. Will bond once.
00:35:56
Final results are available in certifying April 10. 38 days
00:35:59
after the election in the long run California's legislature is
00:36:03
doing everything, it can, to remake it selector into a
00:36:05
reliably socialist voting block as they deny the lessons of
00:36:09
History. The other thing that is certain,
00:36:12
as a result of Californians, voters becoming less willing to
00:36:15
cooperate with their ravenous government.
00:36:17
Bureaucrats is that we can expect more local tax and bond
00:36:20
proposals in November and from now on Far More.
00:36:23
I so understand why this is considered King City, Union
00:36:26
School District in Monterey County.
00:36:29
Their voters are March 13. Had two measures to consider
00:36:31
measure, a will approve a 19 million dollar bond to pay for
00:36:35
it campus safety and alongside that is measure B, which will
00:36:38
borrow 19 million dollars to modernize quote, modernized
00:36:42
classrooms perchance to make these classrooms safer as a
00:36:45
mark, As of March 4th, both were too close to call, but double
00:36:48
your measures double your chances.
00:36:51
It is redundant to site. Yet again, the The a failure is
00:36:54
locked by California's state and local governments, just in the
00:36:57
past few years. Much less the accumulating long
00:37:00
train of abuses. Over the past few decades, but
00:37:03
Californians of all ages incomes ethnicities and genders are
00:37:06
Awakening and alas, it isn't the complaint manipulable or the
00:37:11
compliant, the manipulable programmable quote, that was
00:37:15
planned for by California's government unions and their
00:37:17
plutocratic Partners. The next year's should be very
00:37:20
interesting. Indeed, long read.
00:37:23
Leslie. I'm going to put it up so you
00:37:24
can read it more. I want to give you some
00:37:26
highlights. I skipped a lot of stuff because
00:37:28
otherwise we'd be here this whole time talking about this
00:37:30
article, but this is something I've been talking about for a
00:37:33
long time, and it's about time that people are starting to wake
00:37:36
up to this. Rational.
00:37:37
This realization bonds are taxes, which become debt.
00:37:43
So, this is how this happens. A bond is debt, who pays back.
00:37:48
How does the government pay back their debt?
00:37:51
Well, there's only one income. Source for a government, and
00:37:55
that's taxes. And that is taxes of
00:37:59
Corporations, that's taxes of roadways, that's taxes of
00:38:02
people. That's taxes of homes.
00:38:04
That's taxes of its taxes taxes. Taxes.
00:38:08
There may be a thousand different ways to attack
00:38:11
someone, but the only way that a government pays down a bond is
00:38:14
through taxes. So, every time you take a bond,
00:38:18
it has interest, it has principal just like any other
00:38:21
debt instrument, just like your that card or your student loan.
00:38:25
A bond is a fixed debt. You are essentially saying yes,
00:38:28
let's take on more debt. Yes.
00:38:31
Let's keep taking on more debt. Yes.
00:38:33
Let's get in as this article stated.
00:38:35
If all these were to pass it would have surpassed the amount
00:38:37
of money that we actually took in.
00:38:41
For taxable money to spend on these bonds.
00:38:45
And it's nice to see that voters are finally starting.
00:38:48
Maybe to wake up and say, wait a second, a bond is a tax and the
00:38:52
tax is paying the debt or that it should be the slogan from
00:38:56
here on out. A bond is a debt and a debt gets
00:38:58
paid by taxes and the more bonds you take out the more taxes.
00:39:04
You need to keep paying them down and this is something I
00:39:07
don't understand. And talked about before, as
00:39:09
well. California likes to boast that.
00:39:12
We have an enormous Surplus that the economy is doing so well, in
00:39:16
the state government is doing so well and we're a model of what
00:39:21
the country should be like because obviously we have this
00:39:23
huge Surplus, forget, you know, the amount of billions dollars
00:39:27
in unfunded pension so that they don't want to talk about.
00:39:29
But we have this huge Surplus and don't forget to talk about
00:39:32
the debt that we're actually carrying.
00:39:33
But we have this huge surplus of money.
00:39:37
If we have this huge surplus of money, sitting around, because
00:39:41
we keep taking more and more taxes.
00:39:43
Why don't we use it? Why don't we spend it?
00:39:45
I know they say there's a rainy day fun.
00:39:46
And in California, you got to worry about wild fires and
00:39:49
earthquakes, and there's obviously.
00:39:51
Okay, that's fine. I understand that if you want to
00:39:53
Sock money away for a rainy day or for an earthquake or
00:39:56
something like that. By the end of the day, if you
00:40:00
have more money laying around, why are you asking the
00:40:03
electorate in the voters and the people of California to continue
00:40:06
paying into something? If you have billions of dollars
00:40:10
sitting around, not doing anything.
00:40:13
Do you need to pay it out to the benefit of the people?
00:40:17
If you need to fix roads, pay it out of the Surplus.
00:40:19
If you need to fix classrooms, pay it out of the Surplus, why
00:40:23
keep asking for more and more debt?
00:40:25
Why do we keep going into this whole?
00:40:26
Just take out. More debt, will take on more
00:40:28
debt and we'll just keep out, taking up, more debt.
00:40:30
And this is the cycle, and I think people are starting to
00:40:33
realize, maybe they're starting to put everything together.
00:40:37
They're connecting the dots. That this is the life cycle of
00:40:43
how I get taxed to death here in California to the point where I
00:40:46
can't live here anymore, and I got to move somewhere to look,
00:40:48
Idaho or Nevada, or Texas. Maybe they're starting to
00:40:52
realize if I vote Yes. On this measure.
00:40:57
And then they take out more debt and then they have to pay it
00:41:01
back with taxes and I'm already being taxed a lot.
00:41:08
Hmm, where are we going to get the much more taxes?
00:41:12
Obviously, I think maybe people are starting to connect the dots
00:41:16
that why our taxes so high because you have a legislature
00:41:19
that continually just says, well, we'll just take out more
00:41:22
debt. Everything.
00:41:23
Have you noticed that? All these propositions are
00:41:26
always authorize. A bond, authorized, a bond.
00:41:28
Authorized a bond. It's never hey, we have a, you
00:41:32
know, two billion dollars sitting around in the Surplus,
00:41:36
you know. Hey voters.
00:41:37
Do you want to authorize? I so we can use that to improve
00:41:39
classrooms great. That seems like a no-brainer if
00:41:42
we already have the money and they're saying, hey, let's take
00:41:44
two billion dollars. We're going to fix up all the
00:41:46
classrooms in the schools. Awesome, take it.
00:41:49
That's I mean, that's what you pay it for but instead every
00:41:52
proposition is we need to take out more debt.
00:41:57
Okay? To do this.
00:41:57
We need to take out more debt. Okay?
00:41:59
To fix this, we need to take out more debt.
00:42:05
Now people are sorry. I think realize that.
00:42:08
You can't just keep taking out debt.
00:42:11
It's like your own personal income.
00:42:13
You can't keep taking out debt and holding on to money and
00:42:16
saying your fiscally responsible.
00:42:18
If you have thousands and thousands of dollars in debt,
00:42:22
and you're sitting on thousands and thousands of dollars in
00:42:25
savings. Most Financial people are going
00:42:28
to tell you, you probably want to pay down your debt.
00:42:31
That's what that most people say.
00:42:32
You don't really start saving until you get your debt under
00:42:35
control. It's kind of putting the cart
00:42:38
before the horse. You don't need both, but it's a
00:42:41
good sign. It's the start of something.
00:42:45
And is it the start of people starting to realize that they're
00:42:50
going to stop voting on these measures that maybe they're
00:42:55
going to start looking at these things a little bit more and
00:42:57
saying where are my tax dollars going?
00:43:01
Why do you keep asking for more? Why do you brag?
00:43:05
You have an enormous Surplus? And we're the biggest economy in
00:43:08
the country. Yet you keep asking us to take
00:43:12
on more debt. So we'll see.
00:43:16
I I think it's a good sign. I think it's a good sign that
00:43:19
this Prop 13 thing died. I was actually not expecting it
00:43:22
to be voted down. I thought to myself, there's no
00:43:27
way. I mean, they're going to going
00:43:29
to attach the whole school thing to it.
00:43:31
They're going to say it's for schools.
00:43:32
It's for the children. There's no way it's going to
00:43:34
fail and it's it has failed. I was surprised even here in San
00:43:38
Diego measure, C failed. Measure C, which was going to
00:43:43
raise taxes on the hotel's failed which I thought to myself
00:43:48
as well. That's pretty incredible.
00:43:50
People actually didn't want to raise taxes on hotels by like a
00:43:54
couple percentage points, even though it was supposed to help.
00:43:57
The confident that the convention center, which in San
00:44:01
Diego is a big economic drivers, having that Convention Center
00:44:04
for Comic-Con for all these different conventions that come
00:44:06
here. But people voted that down is
00:44:10
maybe there is something going on here.
00:44:12
Maybe people are starting to see this hole.
00:44:16
Maybe we've reached that Breaking Point.
00:44:19
Wouldn't that be something? Maybe we've reached that
00:44:21
Breaking Point? Where people are sorry to say
00:44:27
enough is enough? That we don't want to keep being
00:44:32
taxed. We don't want to keep paying for
00:44:34
all these different projects. If you have the money figure, it
00:44:39
out, move money around cut programs.
00:44:42
If you're the biggest economy in the world, you're bringing in so
00:44:44
much money and you have a sitting on a huge Surplus,
00:44:46
figure it out. Maybe we'll start seeing people
00:44:50
change. Maybe maybe, I'm not saying it's
00:44:53
gonna change overnight. I'm not gonna say it's changing
00:44:56
overnight, but I think when you put it in terms of people's
00:44:59
personal interest in their kitchen table politics, which I
00:45:02
will Harper about because I believe that is the only thing
00:45:05
that matters in this country is kitchen table politics.
00:45:08
And at the end of the day, people get to a breaking point
00:45:11
and I think California may have just entered that that Breaking
00:45:14
Point how long it takes. We don't know, it could take a
00:45:18
year. Maybe it takes five years, maybe
00:45:19
takes 10 years, maybe over the course of 10 years will start to
00:45:22
see. People say, no more taxes.
00:45:24
Maybe it'll stop that. Maybe we'll start voting for may
00:45:27
be more moderate candidates. We'll see, but it's definitely a
00:45:33
breath of fresh air. When you are expecting measures
00:45:38
that increase taxes and take out, more debt are going to pass
00:45:42
with flying colors. And then you wake up to find out
00:45:46
that they didn't pass. I think that's, it's an
00:45:50
interesting sign. It's an interesting sign of the
00:45:52
times that people are maybe starting to figure this out.
00:45:56
So with that, I don't want to drag on too much about it.
00:46:00
Just happy, I'm back. I always say this.
00:46:03
I always want to keep getting back on a regular schedule.
00:46:06
I've made it like a New Year's resolution forget that it's
00:46:08
March, who cares, but I want to try and get these out more
00:46:11
regularly, whether it's every week, whether it's every two
00:46:13
weeks. It's going to be a crazy year
00:46:15
2020 has already been absolutely nuts.
00:46:20
Absolutely crazy. So for the fact that it's only
00:46:25
been March, it's only been Little over two months and we've
00:46:27
already had World War 3 and a global pandemic.
00:46:30
It's crazy as just 2020 is going to be a year to remember.
00:46:36
That's all I'm gonna say. So with that.
00:46:39
I'm going to sign off for today. Remember to follow us on
00:46:42
Instagram, California underground.
00:46:44
Also, anchor is where we listen if you want to send the Nate
00:46:46
voice message, go to Anchor dot f, m /, California on a forward,
00:46:50
slash California, underground, and there you can find a I guess
00:46:55
you can. Send an a phone message.
00:46:57
So it's like if you want to talk or you want to call in, you want
00:46:59
to call into a podcast, that's pretty cool.
00:47:01
Anchored FM, /, California underground you call in.
00:47:05
You ask a question. I'll do my best to answer it and
00:47:08
that's basically it. Until next time, stay safe out
00:47:12
there. Wash your hands, do everything
00:47:16
you can. If you are elderly, stay home.
00:47:19
It's not worth it. Stay home.
00:47:21
If you're young and healthy. I'm not going to tell you to
00:47:24
stay home because I think you're pretty safe as a former
00:47:28
restaurant or go out and support those restaurants.
00:47:30
Go out and support your local businesses.
00:47:32
They need you. Now support your local
00:47:34
economies. We all got a band together on
00:47:37
this board or Dutch border. Post me.
00:47:40
I don't care support these local businesses.
00:47:44
So with that stay safe out there until we're.
00:47:46
All right, out of our point, in our case basis.
00:47:50
Talk to you later. Thank you for listening to
00:48:15
another episode of California underground.
00:48:17
If you like what you heard, remember to subscribe?
00:48:19
Like and review it and follow California Underground on social
00:48:22
media for updates as to when new episodes are available.