Hilton’s analysis sharply exposes how California’s regulatory bloat has transformed governance into a mechanism for wealth destruction rather than public service. It is a compelling warning that excessive state intervention eventually turns a thriving economy into a cautionary tale of fiscal insolvency.
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Steve Hilton: “They’re Robbing You Blind”Added:
So, I just sat down with Steve Hilton, gubberatorial candidate, former Fox News host, my neighbor here in San Jose, and I got to tell you, this was not a polished politician interview. This was a real conversation. No talking points, no handlers, just two guys going off on everything is broken in California. And look, I was watching a CBS debate the other night. You know that eight candidates on stage and every single one of them open with, "I grew up poor. I came from a broken family."
>> Thanks for the question. And this this topic is personal for me because I grew up in a workingclass family in a small farming town, paycheck to paycheck.
>> I know what it's like to grow up in a household without food and on public assistance. I grew up on government cheese >> because my parents came to this state with $12 in their pocket. Yet, they did build a California dream for my sisters and me. The home ownership used to be part of the American dream. My mom struggled to make ends meet and we rented for most of our life. But I'm the single mom of three teenagers who believe they will not be able to buy houses here in California.
>> Every single one. Meanwhile, the people watching, you and me, are poor right now. Today, we're not we're not reminiscing. We're at the pump paying $67 a gallon trying to figure out how to make rent. How am I going to put dinner on the table?
>> I think what you just saw there is actually what's going wrong with our politics in California. They can't do anything except blame Trump.
>> So I pulled Steve aside and I said, "Hey, let's get into the real stuff.
Insurance, gas prices, the mileage tax they're trying to sneak in on you.
Homelessness, Matt Mayan's numbers, the pipeline Sacramento is literally suing to keep shut down while you pay $67 at the pump."
>> He said that he would declare a state of emergency on insurance. Um, have you read the statute that sets out the governor's emergency powers?
>> I've actually defended the governor in any number of forms when I was attorney general for the stat.
>> Have you read the emergency powers statute?
>> I have read the statutes before.
>> And then in that case, you would know that what you're proposing is not in there. You can't correct. And here's what I love about this guy. He actually reads the bills. He called out Bera on stage live in front of everybody. He said, "Have you actually read the emergency power statute because what you're proposing is illegal." That's not something you hear on a debate stage in California. Now, before I get into this, Rick and Rancher Cukamonga, the single mom in Fresno, the retired couple in San Jose, hang in there, guys. This one's for you. Stay with me to the end because I got some breadcrumbs that are going to make your head explode. Let's go. All right, Steve. Welcome, man. How are you?
I'm very well very excited to be with you. It feels like we went from, you know, zero to 100 in terms of our connection and our relationship. I'd sort of never seen you that I saw you all over um everything on social media and then we met and then we keep seeing each other and now we're here and it's great.
>> I love it. I love it. I'm actually going to see you again, I think, in the Palisades if I'm not mistaken on Monday.
>> Fantastic. Great.
>> May the fourth be with you. Yeah. Hey, let's talk about uh your buddies on the stage. Uh, so my um my my thing for my channel is I I I want to make my an uncle angry and I want him to throw the phone against the wall. But watching that debate, I wanted to crush my laptop and just I couldn't believe the things these guys were saying. And what really angered me the most, a few things angered me. One was the troll Trump business. Trump has this, Trump did this, Trump did that.
>> Uh the second one was u the we got businessmen on stage. Tommy Styer, billionaire, but he when you guys when a question about insurance came up. How do we make the insurance companies come back to the state? I want to force them to come back to the state. I I teach business. You're a business owner. I own my own business. Uh first rule of business is increase shareholder wealth.
If I'm not making money, I'm going to choose to leave this market and not come back. What do you mean force me to come back to this market? That just didn't make sense. It blew my mind that a businessman would say that. What do you any anything to say about that? or just in general that the insurance in in California >> it's a it's it's insane. This whole crisis is caused by their policies, right? It is a classic market failure um caused by government because the you know the participants in the market have left because they can't make it work here because of all the ridiculous regulations over years. It goes back a long way. Actually goes back to the previous insurance commissioner I think a guy called Dave Jones or something like that when I dug into it. goes back a long way and that's why you've had this problem building for a long time which is when you and look how you don't have to have like university level economics degree to understand that when there's less competition the price goes up and the quality goes down. I mean that's basically what's been happening.
You've got higher costs in terms of premiums for lower worse coverage. And so that's what's been happening because of the fact that they've driven the business out of the state. And there's a number of ways they've done that.
They've um the big ones were that they wouldn't let the insurers take into account the uh the two two big things that are necessary for them to make money. One is the cost of reinsurance, which is kind of insurance policies for the insurance companies, right? So that they are protected in case there's some kind of catastrophic situation. And secondly, to model in their rate setting the risks of future things like wildfires, right? They weren't allowed to do that. By the way, this all goes back in my view to the fact of even having an insurance commissioner because when you've got an elected person whose only job is insurance, of course they want to pander to the voters. And so what you've really been seeing for the last remember in the in the last presidential um election, Kla Harris got ripped apart when she started going on about price controls and and and everyone just the answer to gouging is price controls.
The government's going to set the prices. Well, that's basically what's been going on in insurance and it's a disaster. And so you've got so that's one of that's been going on for years.
Um on top of that, you've got you've got other forms of overregulation. the fact that for example in the original Prop 103 that set up the insurance commissioner's department there's a very specific rule that says rate changes have to be approved within or rejected whatever you need an answer in 60 days these days it can take over a year it's another reason just there's massive bureaucracy and over regulation and endless back and forth and lawsuits and there's so many things that have just made it impossible to make money here now a couple of the big things actually have being addressed to be fair as I pointed out on stage. You got to be accurate by the current commissioner.
And this is what really was shocking to me. You've got Matt Mayan who's running around saying, "I'm the policy guy and I really know what I'm talking about."
Whatever. And he starts blathering on about how we need to have reinsurance risks and future. Yes. And that's been done. They actually did that at the end of 2024 in December. You people can look it up, right? doesn't mean the problem's solved, but at least those things have been dealt with. There are more things that need to be done. Some of the things I mentioned, the 60-day rule and lawsuits, and we got to get people off the fair plan, whatever. But none of these people know what they're talking about, and they're running for governor.
You've got Matt Mayan proposing things that that have already been done. And then you've got Basera next to me saying unbelievably like his answer to this is I'll declare a state of emergency. Just insane.
>> I love that you said that. You you called him out on that on stage. I love that you did that.
>> And I mean I've actually read this. I mean of course it'd be you know in one sense yeah great. If I can just declare a state of emergency I'll do it on everything and just solve all the problems overnight with common sense solutions. But it's not like that because we actually have something called the rule of law in this country and we have a constitution and there's a specific list of things that you can use as governor to as a basis for declaring a state of emergency. All of them are connected to something to do with health or safety or immediate peril and whatever. And yes, of course, we can say it's an emergency in the sense that people are being gouged and it's a nightmare. That's all true, but it's illegal. And this is the guy running for governor. As I said, you can't have a governor who doesn't understand how the government works. These people are not serious. They're not serious.
>> They all sign the back of checks. They don't sign the front of checks. They've never owned businesses. They don't understand what it is, what it means to actually run your own deal. They don't get it. They've always had handouts from us. We're signing their checks and that's what they've lived on for their entire life. Brera is a is a career Democrat and politician.
>> I mean, I I kept looking across at him and thinking, who does this guy remind me of? It was weird. all through the debate. He was next to me. Um, and then it it came to me right towards the end.
He's Biden. He's just like Biden. Look, total hack career politician.
>> Doesn't I don't believes in anything other than whatever. He'll say whatever it what needs to be said >> what needs to be said to get the vote.
>> You know, get the unions on board or the activists or whatever. And that's why I think on some of these things even even in this campaign in the last few weeks he's completely changed what he says about stuff about the corruption that's been going on doesn't they don't care.
They they just they're just career politicians and that's what's brought this state to where we are.
>> And and we need to get rid of these career politicians. And speaking of Matt Mayan, you invoked his name so I'm going to throw him in the mix here real quick.
Uh he's my local mayor. Um I voted for him.
>> It's very unfair. I mean, he doesn't get his 30 secondond rebuttal, which of course >> Matt, you're more than welcome to call me. Actually, I think we've reached out to you a couple times.
>> I got time. Anytime you want, I'd love to bring you on. Um, but I've called him out on a couple things. One of them, he's he's he's been pinning his thing on. He hanging his hat on. I fixed homelessness. Well, I I got some numbers to throw at you. Okay. So, this whole because I'm sensitive to this. I live uh I live down south in San Jose. uh the south of San Jose and I'm not I I pay my property taxes like everybody else. My house is almost a a couple million bucks, right? I'm not supposed to have homeless encampments at In and Out and that's what just blew my lid. So when I saw that I was like, "Okay, let me dig into the homelessness thing." Matt Mayan, let's see. Homelessness went up 8% since he started in 2023.
>> Is that a real number? Because this is >> that's a real number. 8% on this guy and and on his own website, this is what blew my lid on on two debates. He actually did. He didn't mention it this last time in the previous one. We're spending over a million dollars a door to house the homeless. Dude, uh a million dollars anywhere in the country.
If anybody is listening to me in Florida, you're going to I I know you just dropped your coffee or you you spit it out or something. A million dollars to house a homeless person is the most ridiculous number I've heard in my life.
Uh we can get a tiny home going for these people. We can do whatever. And and and you have mentioned this before.
It's not just they're homeless. it's uh that uh they have problems. Some of these people have drug issues. Some of these people have mental issues. You need to resolve those issues before you put them in their own house and let them, you know, turn on the lights and and cook their own food essentially, right? They got issues. So, I want to touch on that real quick with you. And then I also let let me let me let you hit that real quick.
>> So, I'm first of all that eight so 8% increase in homelessness on his watch as mayor.
>> 237 more homeless when he started since he started the program. 237. I got that number dialed in my head now.
>> 237 more homeless people.
>> Yeah, >> that's and he's touting his record on homelessness as a reason that he he's going to be a good governor. It's amazing. That's really amazing. Now, let's look at this 1 million because that's a number that I've cite as an example of the insane policies and the corruption that of the home what we call the homeless industrial complex. Because when you actually look at what that is, a million dollars a door as they say that and I've got, you know, I got a friend who's fantastic um developer builds apartment buildings using mass timber. Great guy. Um and he's, you know, market rate, he can do it in the Bay Area for 250,000.
That's how But if you get into the world of what they call permanent supportive housing, you've got government bonds, you've got these government programs. So what does that mean? You layer on all these different costs and it's all corrupt. You got to use union labor.
You've got to do this. You got to pay them more prevailing wage. You've got to use particular. It's got endless different rules. It even specifies some of the construction materials that you need to use because that's the result of lobbying. You know, because the whole of Sacramento, the more I look at it, is just a total swamp of corruption. That's basically what it is. And no one pays attention. They pass all these bills every year. Last year they passed 1,118 bills, right? That in just in one session. Um, we printed them all out. I know I'm not very tall, but they were double my height, right? No one can read this stuff. Seriously, this is what's going on. And that's how you get to these numbers because the bills get passed without real scrutiny. No one can keep track of all this stuff. And so what actually happens is that the the lot the interest the interest groups whether that's unions sometimes it's businesses whatever they get they they have all the corruption going on they they fund the legislators who basically are their puppets and they often they provide the research for these bill writing processes and whatever. I mean, they write their own laws and so they put in all this stuff that benefits them and that's why it ends up being a million dollars when you've got the government involved. If you don't have the government involved, it's a quarter of the price.
>> Yeah. I did that story on the million-dollar toilet in San Francisco.
The the company donated the toilets and it was $930,000 in fees and impact fees and soil reports and blah blah blah to put a toilet in a park in San Francisco that was donated.
So, it's it's insane. Um, awesome. Let's uh let's let's move.
>> Can I just ask you what I wanted to ask you is why is he bragging about that because that really is an example of a failure. So he's saying though I haven't heard him say that. I've heard him talk about the tiny homes or whatever. He actually took me around and to look at something.
>> Yeah. You visited actually. Yeah.
>> Yeah. Yeah. Yeah. And it's, you know, it seemed perfectly fine. And they had seen B. They were little sort of, you know, bunk cabins. But where? So why is he >> I don't know. It's on his website. A million bucks a he said it in the previous debate. not this one but the previous one. We spent a million dollars per per homeless unit and we you know blah blah blah. And they've also uh Steve I I don't know the exact terminology they're using. They're using unhoused uh versus homeless which means something different. So you know they're moving the goalpost but they want to make sure that we change our vocabulary.
>> I mean I've got to be honest it's it's just like this Orwellian use of language um to try and change the narrative. So unhoused um means it sets up in the mind of the person hearing that that there is a requirement to be there is a right to be housed that you have um a uh there's a sort of government entitlement there for housing and if you don't get it you're unhoused and it's the same as they do with you know I noticed years ago they started talking you know they're trying to stop talking about poor and poverty and instead talk about underserved communities.
>> Underserved.
>> This is what they're loving.
>> This is a a tactic. This is the like you said, Orwellian. If I change the vocabulary, then we can't talk about the same thing anymore.
>> I mean, actually, to jump off of economics for a second, the, you know, the most kind of egregious example of course is gender affirming care, which is, you know, sex changes for children.
>> Yep.
>> But it's gender affirming care for minors, I should say. and and and it's just a this is what this is and by the way there's a whole long you know intellectual and philosophical tradition behind this that if you change the language you can change the policy there's a whole leftist Marxist you know heritage here of intellectual thought that is very clear about what needs to happen >> Steve one more thing that I wanted to mention on this u this vocabulary change you're talking about um Katie Porter in the last debate she said there's so college students sleeping in their car and there's so many people who and I think it was Bera who said I want to help the guys who can't pay their mortgage and now they're unhoused. I don't think the 187,000 people that have moved to California to become homeless are having problems with their mortgage.
Number one. Number two, I don't think they're all college students sleeping in their cars. I don't think it's the guy who lost his job at Intel or Facebook and has now moved his family to a camper sleeping on the railroad tracks. That's not that we're talking about minuscule proportions or proportions of that population and these guys want to flash that in the front and say this is why we have homelessness.
>> Yeah, of course. And they want to make it all about um anything other than their own policy failures that have brought us to this point and the fact that actually there is a simple answer to this which starts with removing homeless encampments because they are illegal. All of them are illegal. And it's not even me just saying that.
You've had um Newsome periodically over the years, like he's at least three times we've tracked, he's made the same announcement, you know, two years apart um where he's done these ridiculous photo ops with trash bags and >> here I am cleaning up the home >> and and you know, we're going to use law enforcement. Nothing happens. They just move it from one to another. But the fact that they're even doing it shows that they are agreeing with my point that this is doable by the government that otherwise why would you do that?
Why would you make an announcement like that? The fact is they just don't follow it through and they're not serious and there's no concerted effort to remove the homeless encampments and as governor that's exactly what I was I would do.
I've made that very very clear that I if if the local politicians won't do it then I mean but let's say you know I'll give them a bit of time. um I don't know, three months or whatever. We'll have a conversation about that and say, "Right, it's it's me you're dealing with now. Um and you've got, you know, here we are. Here's the here's the date. Get it done or if if you don't, I will because it's gone on for nearly two decades now.
>> It's too long. This is totally unacceptable." This is the point I think we got to keep coming back to. All of it is totally unacceptable. All of it. You do not see this in other places. You don't see it in other states. You don't see it in other countries. Other countries that have far less wealth and ingenuity and creativity and resources than we do in California, as he keeps reminding us with a fourth biggest economy in the world. Well, why don't you act like it then?
>> Right. I I hate when they say that. It's not true. We're not we are not if we're the fourth largest that means we are the number one people in the in the entire we are actually the the number one state of of income in in the United States in terms of what we >> largest the way I point that out the way I impact that is to say yeah statistically GDP fine that's right and it's a you know and I always say great I want us to be big and successful and I think that once I'm you know completed my plan of you know to cut regulations and taxes we could be the third biggest we could overtake um Germany or whatever it is, you know, I just think that um you've got um the the number, however, the the size of our economy is it is completely distorted for two reasons.
Number one, it includes the the revenue.
You know, we've got it's it's it's topheavy in the sense that we just driven by a lot of very very, you know, large um tech companies that generate enormous amounts of revenue but don't create jobs. But the bigger point is that the size of the economy includes the size of the government. So that's what's blo that's what's actually causing the increase. It's the government that's been growing, not the private sector economy. They've doubled the budget of the state of California nearly in the last 10 years. That's why we're so big because they've just been spending more.
And that's not a healthy way to have a big economy. It should be the private sector growing, not the the government should be shrinking.
>> I attribute that I I I actually my analogy is the teenager who gets a hold of his parents credit card and goes nuts. Uh and the parents just keep giving him an extended credit card.
Here, try this one. This one didn't work. Try this one. He keeps coming back. Mom, I don't have money for that Porsche. Mom, I don't have money for that vacation in Cabo. Stop spending, dude. You need to go in your room and you're off the iPad for three months now. Three years, actually. I want them off the iPad for 10 years now. You need to read. Do something. Um, Steve, let's go to the mileage tax. You were talking about all these bills that are stacked up in your office that they passed.
AB1421 was touted as a study. Uh, and this is again a distortion of facts here. And then they passed uh SB130. On page 137, they snuck in uh the the VMT tax, which is Yeah. Yeah. I was on that.
>> So, they snuck in this mileage tax on new developers. They talk about affordable housing. Let's make housing affordable. How you going to make housing affordable when you're sneaking in taxes on these guys? And I think it was the coalition for affordable um it's called care. They said it's $324,000 per unit now in California on on a worst case basis. So as I build if I build a new apartment complex, if I build a new house, I'm going to charge my tenants or the people who buy the place this extra money because I have to pay it to the government as a VMT tax. Uh and they're sneaking these things. But what I think is a distortion is this. They say EVs are taking over and we don't have enough money from gas. Wait a second. Uh, I think I I I want to say it's 6.8% of cars in California or EV. 11.3. I use I say 7%. Exactly.
>> There you go. 11.3 in San Jose because we are the, you know, we're Tesla headquarters, whatever. Right. So, let's just say 10%. 10% of the cars in in California are electric. What happened to your gas money, dude? Uh, where's that coming from? So, that's a lie.
Number one, they changed the vocabulary again. And then you've got I think it was um 25% of the roads in California are state federal I believe. Another 10 or 15 or 20 something like that is state. The rest of them are local roads which are covered by other mandates and taxes and and roadway fees and so forth and so on. So this whole we need to charge people for the miles they drive is a total fallacy. If you take it on the EV route, 10% of cars are EVs, let's just say that's a fallacy. It's not it's not all the cars are EVs anymore. What What's your take on this whole mileage thing?
>> No, exactly. I'm very glad you pointed that out and because you a lot of these I do these interviews and on the from the left they come at you on that and they they just believe they assume that everyone literally every I don't know anyone who has a gas car. Everyone has an EV. Yeah. And you're ridiculous bubble. No, it's really interesting.
They and when I point out that number, they actually don't believe me and they say no. And they and they I think because what they hear in their head is the hype around EVs and they and they look at some numbers like when new sales you know the proportion of new sales and it's like sometimes it's 25% 30%. But even that's collapsed now the subsidy has been removed. Exactly.
>> You look at the numbers since they took away the they were bribing people with taxpayers money to buy these EVs. So like the whole thing is ridiculous. Um the mileage tax apart from anything else is just the authoritarian nature of it is just totally unacceptable that they're going to be tracking you everywhere you drive and then charging you for it. No. What are you talking about? It's just not this is a non-starter. I will be completely against it. Um and we have to just and and going back to the roads. I mean the other aspect of it when they say well how do we pay for the roads? There's two things that go into you've got the you've got the gas tax highest in the country. We have the worst roads in the country, 50th out of 50. So it's clearly not working. And then the second part is vehicle registration, which I've taken a look at. So vehicle registration is the highest in the country. Most other states it's under a hundred bucks a year. Here four, five, six00. Some people pay over a,000. I've heard people give me figures as high as over 2,000 for vehicle registration. Depends on the make, the age, and sort. But it's so complicated. It's another example of just ridiculous complicated bureaucracy.
I looked at it in detail. when you see the a breakdown of where your vehicle registration goes, right? They've got there's the flat registration fee, $71, and then below it, you got all these extra charges, and it's all [ __ ] And and it's one of them, I remember, was transportation improvement fund.
What is that? What are they improving?
Nothing's improving. And then you look at the total amount of money from the the vehicle registration fee whole you know income stream brings in about roughly 10 I think it's nearly 11 billion a year. Okay. of that money, 2.5 billion actually goes to roads and that is the amount that we would bring in if as we did my proposal which is to cap vehicle registration at the flat registration fee which is $71 per vehicle per year. That's my plan. Flat registration fee $71. But the further point we need to make on roads is when they say we got to spend all this money on all they ever think about is spending and the amount of money. They never think about how you do it or what you get in exchange for it.
>> No.
>> I was talking to some contractors um public works contractors >> meeting in Southern California. These people what this this lady she runs a company that actually builds the roads.
It's what she does. And she told me that it costs four times as much to build the exact same piece of road in California as it does in Texas where they also operate. Four times as much.
>> You angry again. I want to throw my phone against the wall right now.
>> Entirely due and you know there's a there's a neat symmetry there but by the fact that you know I'm going to cut vehicle registration revenue income by a quarter to a quarter of what it is. I I I made that promise before I'd heard this about the four times as much. But why? because of all these ridiculous rules and regulations and things like, you know, they, you know, project labor agreements with the unions, the community workforce agreements, you have you have to hire local people, you have to hire homeless people, you have to, you know, just the environmental just endless nonsense that's just tying us down, you know, like sometimes I think I don't know all these different analogies coming to your head, but you know, California is an amazing great place um with incredible talent and energy and whatever. We've just been tied down by the like Guliver, you know, in that story with all the pathetic little the Liipuchian with their pathetic little rules, you know, tying down this amazing state of California.
>> California.
>> Yeah.
>> More time or do you need to go?
>> I have to go. I think Matt's waving at me. Do you want to do a little wrap-up?
>> Yeah, let's do a wrap. I want you to touch on Second Amendment real quick if you don't mind. Touch on on the gun thing. I got a lot of If you want to. If not, uh, let's just wrap. You want to touch on 2A? Um, I just want to say this very quickly because I know I get a lot of questions on it and you do too. Um, one thing that's very important for people to understand about me, I'm a very, very strong supporter of the Second Amendment. Very strong. And I've been studying it in detail. And there's a plan on my website. We're not going to have time to get into it now about how I will um restore Second Amendment rights in California. Starting with concealed carry, which is a total outrage. You've got now many counties blatantly violating the constitution in their attitude to concealed carry, holding it up with endless hassle and delay and and that's going to change because you've actually as as governor and working with Michael Gates who's running with me for attorney general who's who's fantastic.
We're going to be massively clamping down on these violations of the Second Amendment. And then the second and third parts of the plan are number one to ensure that every part of the state government is second amendment compliant. And then three to review all our laws um for where they are not compliant with the second amendment. And then to find the places where we've got legal grounds to overturn them because they violate the constitution. So that's the plan. Very strong on second amendment. Um you can read more on my website Steve Hilton for governor.
>> Yeah. Hit me with the website Stephen.
And then where can we uh help you to become the governor? They asked, "Well, um, it's going well. We're leading in all the polls, leading on fundraising.
Everything's great, but we need more."
You know, the elections now here, ballots are dropping. We got to vote, vote, vote. Um, Steve Hilton forgovernor.com.
Very important we get behind the leading Republican. I know for a long time people had this kind of idea that maybe you'll have two Republicans in the top two. I always said that's a fantasy. The Democrat machine isn't going to The Democrat machine is not going to let that happen. And and what you're seeing now is they're all consolidating behind this, you know, puppet of the of the Democrat machine, Javier Bera. But you've also got Tommy Styer, the billionaire climate fanatic with all his money.
>> Okay.
>> Okay. But you could see both of them moving up and if we're not careful, we could be squeezed out. So we've got to get behind the leading Republican on every single measure. That's me. Leading in the polls, leading on fundraising, endorsed by President Trump. It's time to make a decision. Make sure we get a Republican in the top two so we can offer change to California in November.
>> Rock on, Steve. Man, thank you so much for coming on. I appreciate you. Uh I know you got things to go to. I'll I'll see you on Monday.
>> Fantastic. See you then. Great to be with you.
>> Bye.
>> Have a good one.
>> All right, we're done. That's a wrap.
Thank you, man. Appreciate you.
>> All right, so you heard it. Let me break this down for you real quick because there's a lot in there and I want to make sure you walk away with all the receipts. Breadcrumb number one, insurance. Every candidate on that debate stage said, "Force the insurance companies back. Force them." Steve was the only one who understood that you can't force a private company to lose money. The market broke because Sacramento took over a year to approve rate changes, blocked catastrophic modeling, blocked in reinsurance pricing. The insurance companies didn't leave because they're evil. They left because your government made it impossible to do business. Period.
Breadcrumb number two, the mileage tax.
They want to track every mile you drive and charge you for it. Their excuse? EVs don't pay the gas tax. So, I looked it up. EVs are 6 and a half% of cars on the road statewide. In San Jose, the EV capital of America, it's only 11.3.
That's it. So 93.5% of California drivers are already paying the highest gas tax in America and the roads are still 50th out of 50 states. So where did the money go? Well, your buddies in Sacramento spent it and now they want more. Breadcrumb number three, homelessness. Matt Mayan is running around saying he fixed homelessness in San Jose. I dug into it. Homelessness went up 8% on his watch. 237 more homeless people since he took over and it costs over a million dollar per door to house one homeless person. His own website says that a million bucks. Now, if you're listening in Kansas, Florida, Texas, you're flipping your lid right now. Steve knows a developer who builds market rate apartments in the Bay Area for $250,000 each. The difference? Well, government involvement, union labor mandates, prevailing wages, endless rules about construction materials.
That's not a housing program. That's a moneyaundering operation dressed up as compassion. Breadcrumb number four, the pipeline. Trump opens up the Sable Pipeline in Santa Barbara. Been shut for 10 years. First thing California does, sues them. The AG sprints to court to block cheaper oil from coming online.
We're paying $6 gas and Sacramento's first instinct is to keep it that way.
Breadcrumb number five, and this one I want you to really sit with. Steve said something that hit me. California has the fourth largest economy in the world.
Gavin Newsome keeps saying that. They love saying that. But he broke down why.
It's not the private sector growing.
It's the government growing. They're nearly doubled the state budget in 10 years. The government got bigger. You got poorer. That's not success. That's Sacramento signing their own paychecks with your money. Look, I don't care if you're Republican or Democrat. I don't care who you voted for last time. If you're a homeowner in California, if you're paying $6 gas, if your insurance got cancelled, if your kids can't afford to buy a house, this affects you. Hit that subscribe button. Share this with someone who needs to hear it. and I'll see you on the next flight.
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