REFORM CALIFORNIA

“That first part, first 100 grand tax free, actually in many counties in California today, the official definition for low income is 100,000. That number may sound very high to people in other parts of the country. It's actually the definition in a lot of counties of low income. So you've got people earning 70 grand, 80 grand, 90 grand in California. They are paying 9.3% state income tax. That rate is higher than the top rate in most states in America.”

“One billion dollars over the last 10 years, 100 million every year since 2015 This is from the Climate Change Mitigation Fund, which is part of the cap and trade system. 100 million a year was allocated to be spent on climate change mitigation. In this case, it was solar panels for low-income apartment buildings. Of that one billion total in 10 years, the actual amount spent on the purported benefit here, solar panel installation was 72 million. 928 million actually went to non-profits doing all the usual Democrat associated bullshit, frankly, voter registration, environmental justice campaigns, all that kind of stuff.”

“In 2024, in the presidential race, President Trump in California, without even campaigning here or spending money on ads or anything, wasn't a targeted state, got 6.1 million votes. In other words, there's more than enough. People have just voted Republican for President Trump. Now, of course, you're not going to get 100 percent of a presidential year turnout in the midterm election. But the reason I make that point is that the votes are there, actually, even with just Republicans.”

“There are so many things I see in California today that are exactly like the UK in the 70s. You've got the massive dominance of the unions in policy making. You've got a slurotic economy. You've got massively high taxation. At one point, I think the top rate when you add in the wealth taxes in the UK was literally 98 percent, but you had that confiscatory taxation and top rate of 60 percent and so on. Very very similar.”

“You see a lot of attention now on Mississippi, rightly so, because for one third of their spend per student than California, their results are spectacularly better. It's really happened in the last 10 years, and there's some simple practical things that they do. Number one is how you teach kids to read. There's a technique called phonics. It's a way to teach kids to read, and it's totally clearly established as the most effective. It's barely used in California schools at all.”

“You see a lot of attention now on Mississippi, rightly so, because for one third of their spend per student than California, their results are spectacularly better. It's really happened in the last 10 years, and there's some simple practical things that they do. Number one is how you teach kids to read. There's a technique called phonics. It's a way to teach kids to read, and it's totally clearly established as the most effective. It's barely used in California schools at all.”

“Well, one side recommendation I have is, don't worry about squirreling money away for retirement in 10 or 20 years, it won't matter. You won't need to save for retirement. If any of the things that we've said are true, saving for retirement will be irrelevant. Yes, that was one of the more economically incoherent things I've ever heard. These guys are brilliant about starting companies and AI, but not about adding together.”

“So far, the average refund is about 11% higher than this time last year, about $350 more according to data from the IRS. Michael Pierce with Oxford Economics expects that average will go up. That's because higher income filers typically procrastinate on filing and seem to be benefiting more from the new tax changes.”

“My parents are Hungarian. They were refugees from Communism. And I grew up in England in a town called Brighton on the South Coast. My stepfather is also Hungarian. He had an amazing story. He was a refugee as well, but literally ran across the border. He grew up in a small village on the west side of Hungary. In 1956, when he had the Soviet invasion. And he tells this amazing story they heard on the radio. The Russians are coming. And he and his brother and some friends from his school, he was 14 years old, like one year younger than my youngest son right now. And they just ran. They literally ran for this right. We want our freedom. They ran to the border, barbed wire fences, minefields, got shot out by the guards, all that. Half of them were killed.”

“There's one meeting I had with the legislator who was described to me as good on housing. We had a great meeting. They said, this would be transformational. I said, great, let's work on it together, bipartisan, you're Democrat, I'm Republican, that'd be great, people like that. Oh, I couldn't support you publicly. Why not? Well, the unions would hate it. We were sitting in an office, you could see the state capitol down below, high up. They just wave their arm around like this and said, yeah, the unions run this place.”

“Within hours of those reports, nearly all of his major endorsers abandoned him. On x, Swalwell apologized for mistakes in judgment but denies the allegations. He's now facing calls from fellow Democrats in California to resign his house seat.”

“It's called the Section 1250A, National Defense Authorization Act Fiscal for 2024 Law, designed to prevent a president from unilaterally withdrawing from NATO. And by the way, you know who signed on it? Kane and Rubio, which is very interesting. Two-thirds, on the bottom, to withdraw from NATO. One of the following must happen. Two-thirds of Senate has to prove it or Congress passes a law authorizing withdrawal.”

“We are now importing nearly 80% of the oil that we use. But the difference is, we used to produce most of what we use in state. Now we are importing nearly 80%. And that has driven up the cost. You have to strip it for halfway around the world. Our number one provider is Iraq right now. That's the number one source of oil.”

“Franklin Roosevelt started giving money to farmers. We've been doing it ever since. The fraction of the US who works on farms is way under 2% right now, most of which are illegal immigrants. So this is a tiny slice of the US economy. We would get cheaper food and more productive and cheaper food. So you end up subsidizing all the unproductive farms. Because they can't make enough food to make it profitable to sell it to the market.”

“The fundamental problem in Sacramento is that we measure success by how much we spend, not by the results we achieve for our residents.”

“The Hungarian government under Orban has not been using the veto to protect Hungarian interest. It was using the veto to protect Russian interest. So that very clearly will need to stop.”

“There are so many things I see in California today that are exactly like the UK in the 70s. You've got the massive dominance of the unions in policy making. You've got a slurotic economy. You've got massively high taxation. At one point, I think the top rate when you add in the wealth taxes in the UK was literally 98 percent, but you had that confiscatory taxation and top rate of 60 percent and so on. Very very similar.”

“There's one meeting I had with the legislator who was described to me as good on housing. We had a great meeting. They said, this would be transformational. I said, great, let's work on it together, bipartisan, you're Democrat, I'm Republican, that'd be great, people like that. Oh, I couldn't support you publicly. Why not? Well, the unions would hate it. We were sitting in an office, you could see the state capitol down below, high up. They just wave their arm around like this and said, yeah, the unions run this place.”

“The fundamental problem in Sacramento is that we measure success by how much we spend, not by the results we achieve for our residents.”

“In 2024, in the presidential race, President Trump in California, without even campaigning here or spending money on ads or anything, wasn't a targeted state, got 6.1 million votes. In other words, there's more than enough. People have just voted Republican for President Trump. Now, of course, you're not going to get 100 percent of a presidential year turnout in the midterm election. But the reason I make that point is that the votes are there, actually, even with just Republicans.”

“This is the way third world countries work, that when you lose an election, the entire, you go to jail, you're lucky if you keep your life, you lose your business, your family loses your business, your supporters lose your business. And what do you do? You make darn sure not to lose an election. The key to democracy is the ability to lose an election and just lick your wounds, go back and try again the next time.”

“He had a great debate with Emmanuel Saez, an economist who was one of the big brains behind this thing. Saez was quite honest. It wasn't about raising revenue. It's about getting rid of billionaires. He thinks that if you can get rid of the billionaires' wealth, you'll lose their political power. That's an interesting theory.”

“One billion dollars over the last 10 years, 100 million every year since 2015 This is from the Climate Change Mitigation Fund, which is part of the cap and trade system. 100 million a year was allocated to be spent on climate change mitigation. In this case, it was solar panels for low-income apartment buildings. Of that one billion total in 10 years, the actual amount spent on the purported benefit here, solar panel installation was 72 million. 928 million actually went to non-profits doing all the usual Democrat associated bullshit, frankly, voter registration, environmental justice campaigns, all that kind of stuff.”

“That first part, first 100 grand tax free, actually in many counties in California today, the official definition for low income is 100,000. That number may sound very high to people in other parts of the country. It's actually the definition in a lot of counties of low income. So you've got people earning 70 grand, 80 grand, 90 grand in California. They are paying 9.3% state income tax. That rate is higher than the top rate in most states in America.”

“Look, first of all, the UAE goes to Washington for the IMF meetings a couple of weeks ago. A couple of days later, we hear, UAE asked for a dollar swap line with the Treasury Department. Then suddenly, a couple of days after that, UAE says, hey, guess what? We're out of OPEC. So there has to be financial guarantees. They had to have top level discussions with the Trump administration saying, look, this Iran conflict, we're on your side here because we're getting hit more than Israel.”

“My parents are Hungarian. They were refugees from Communism. And I grew up in England in a town called Brighton on the South Coast. My stepfather is also Hungarian. He had an amazing story. He was a refugee as well, but literally ran across the border. He grew up in a small village on the west side of Hungary. In 1956, when he had the Soviet invasion. And he tells this amazing story they heard on the radio. The Russians are coming. And he and his brother and some friends from his school, he was 14 years old, like one year younger than my youngest son right now. And they just ran. They literally ran for this right. We want our freedom. They ran to the border, barbed wire fences, minefields, got shot out by the guards, all that. Half of them were killed.”

“She came to America at 19, met my incredible father. We loved him so much. We all loved him. We loved her. We loved him, Fred. And they were married for 63 years. And excuse me, if you don't mind. That's a record we won't be able to match, darling. Just not going to work out that way. We'll do well, but we're not going to do that well.”

“Last year, even the Democrat legislature passed a bill called the Sober Housing Act, which would have taken a certain proportion of homeless spending and allocated it to a shelter where you had a requirement with sobriety. Newsom vetoed that bill. It's unbelievable. So we got to have a 100 percent sober requirement for any kind of state services on homelessness.”

“World Cup tickets are getting even pricier. FIFA, the international governing body for professional soccer, is adding a more expensive tier. A ticket for a front category one seat at the US opener against Argentina in Los Angeles will cost as much as $5,470 according to the Associated Press.”

“There's something you just said is really important, that you're not negotiating with the United Kingdom. One of the reasons why is that for the Iranians, at least the Iranian regime or what's left of it, this is a war of survival. There is no tomorrow. If they lose this, I mean, it's very likely they're going to be hauled up into the streets.”

“Last year, even the Democrat legislature passed a bill called the Sober Housing Act, which would have taken a certain proportion of homeless spending and allocated it to a shelter where you had a requirement with sobriety. Newsom vetoed that bill. It's unbelievable. So we got to have a 100 percent sober requirement for any kind of state services on homelessness.”

“We are now importing nearly 80% of the oil that we use. But the difference is, we used to produce most of what we use in state. Now we are importing nearly 80%. And that has driven up the cost. You have to strip it for halfway around the world. Our number one provider is Iraq right now. That's the number one source of oil.”

“The US military is blocking ships from entering or exiting Iranian ports absent a peace agreement. The blockade was due to take effect two hours ago. US central command says the action will not, quote, impede freedom of navigation for vessels transiting the Strait Of Hormuz to and from non Iranian ports.”