California

“If in New York New York's been hit about 12 times harder than California, but if the doubling time is just two days one week is a 12 x difference.”

“I think people will, are going to leave in droves, honestly.”

“We are not going to have police reform of any kind in California, which is where you'd think would be the first state where people got their act together and said, okay, if we really believe that we need to reform police we can do it in our own backyards, but …”

“My taxes I've set up in such a way where California can't get access to most of my assets anyway.”

“California is like a, Bunch of clowns in a clown car right now. It's a joke.”

“So so I saw that, that Mark Zuckerberg had contributed eleven million dollars to try and convince the people of California to vote for this prop 15, which is the largest property tax increase in California history.”

“Well, in one of the businesses I run, Inside.com, we had to tell all of the freelancers we were hiring who are writers that they would lose their gig work with us because they could only write five stories a year or 10 stories a year, and Vox, one of the big p…”

“I think we're going to have the single largest migration of economic the single largest economic migration in the history of this country.”

“So by the time AB five was set to be put in action, there were over a hundred industries that have been carved out because it was a stupid law written just to target and a single industry.”

“The rule, the law that's causing more companies to leave from my perspective than AB five is something called PAGA.”

“This is why there could be a big recall next year in California.”

“If Newsom is recalled, I would like to put my name on the ballot, and my commitments are quite simple. I just want to, I'm going to cut the taxes to zero, and I'm going to basically create an incredibly pro-climate change Jobs and pro tech jobs and pro biotech…”

“We've only deployed 37% of our doses in California. And that makes us, you know, of the major states that are putting out a lot of these vaccines one of the worst performers second. Texas and Florida and New York are the other large states, and they're at 56, …”

“We're the most heavily taxed. Number two, we are, we have some of the worst infrastructure in the country. We have some of the lowest and poorest performing schools in the country. We have the highest homeless rates for veterans in the country.”

“I think most of the spread is not happening at businesses. It's happening in homes. And in California, we have a particularly difficult problem because of multi-generational family homes, especially in the Latino communities that have been hardest hit by COVID…”

“We now have certainly more cases. We have more deaths and we have more deaths per capita than Florida, despite the fact that Florida has no lockdowns and a much older population.”

“If these climate jobs and these technology jobs and these biotechnology jobs pivot to more accepting and progressive local and state managements like Austin, Texas and Miami, Florida, we lose these things forever. This is a multi-generational decay that we're …”

“I can say that tens of thousands of people have signed up for updates.”

“He's worked his way up the ladder of California politics by, you know, by basically benefiting from these special interests throughout his rise. You know, you step by step. He's never challenged the insiders or any special interests. He just kind of caters to …”

“The state of California generates about a hundred and forty billion dollars in revenue. 70% of that comes from personal income tax, and as Sachs pointed out, half of that comes from the top one percent or 40,000 households.”

“In California, we have over 340,000 public employees who make over a 100,000 dollars a year that cost taxpayers over forty five billion, okay?”

“What if whenever you started a company in California, you got, you know, three or four years worth of tax credits for engineers in return for one percent of the equity that California was not allowed to sell.”

“53% of Californians want to leave the state and 63% of Californians believe the American dream is dead.”

“The reality is that if I were to do it, if like all the checks came back and it seemed like it was a plausible thing, I would only do it for the 18 months”

“I'm working on something in batteries that I think is, it's important for a lot of places much, you know, more than just California. And so like, if I have to abandon this battery project, I wouldn't do it, you know, just that simple.”

“The only middle class that's going to be left in California pretty soon are government workers.”

“The second thing I would probably do is I would actually just cut all taxes to zero on the personal side, but I would introduce a progressive taxation system for corporations.”

“Reagan was the one that defunded all of the mental health institutions, you know, when he was governor of California and sent all these folks spilling into the streets.”

“Thirty billion dollars of potential fraudulent unemployment benefits From 2020, eleven billion already determined fraudulent.”

“The average student in California costs 18,000 dollars a year, roughly, ok? And we have a classroom size on average of about 25 students. It's actually higher than the national average.”

“I mean, there's a California version of this where we've accrued a trillion dollars of pension obligations that we have no ability to pay”

“And if these two things don't turn around, I think Gavin Newsom is going to get recalled.”

“California's got like four or five million vaccines sitting in storage.”

“Newsom has said the state won't reopen until August, but I think that by May, June, July, you will see just about every other state reopen.”

“They're up to 1.95 million signatures. So, 50,000 votes short of two million. They will be At or over two million in two weeks, which is the end of the signature period, their validation rate is about 84%. So, I think this is clearly going to pass. There will …”

“There was a hundred million dollars spent on Accenture to build the vaccination website. No bid contract.”

“Newsom just announced that 40% of the vaccines are now going to be Basically separated out and reserved for equity zones”

“All that does is put money through some no-bid contract to some shitty technical company a bunch of consultants that then take advantage of the system, get paid hundreds of millions or billions of dollars, To do nothing.”

“So in California yesterday, just yesterday, we added. 250,000 more doses of unused inventory. So we, the amount grew to 4.5 million unused doses sitting on a shelf. Only 215,000 people got vaccinated.”

“Anybody who's high risk Has already gotten the vaccine by now, or has had access to get the vaccine.”

“Starting on Monday. You can, anyone in California can get the vaccine with a doctor's note. And they're saying that doctors have total discretion To give the note.”

“We hit 500,000 shots a day Sachs in California, and now we're down to a 150,000. We've literally gone down two thirds under the management of governor hair gel.”

“I also think that we should do Miami first, because they're not, afraid to come out to an audience. I think that people in New York and California still have, they have more PTSD.”

“You're not going to raise twenty two billion from this. You're going to raise, it's actually going to lead to a decrease in tax revenue because so many of these people are going to leave the state and they're going to take investment with them, their businesse…”

“I would contend the even bigger issue is the contempt for capitalism. The contempt for entrepreneurialism and innovation that exists in California.”

“By the time we actually get around to the recall, which will be in about five or six months the recall election, you know, the economy's going to be booming again. COVID's going to be over. People will probably forget.”

“We've got seven million unused doses sitting on the shelf in California because of all of his crazy eligibility requirements.”

“I've been here since 2000, I'm not leaving.”

“I think this is going to take re domiciling to another level. I mean, if you're in New York or California right now, and you were thinking about Wyoming or Utah or Texas or Florida, I mean, this kind of makes the decision for you if it does go to 40”

“I feel like it's a lot harder to leave when you've been here longer, and it's a lot easier to leave when you've been here less time. That certainly seems to be the pattern I've seen amongst friends and colleagues with respect to leaving the state.”

“There's a lot of issues in California. There's a lot of things that are wrong from homelessness to Unemployment and these crazy COVID restrictions. But the number one issue I think has to be crime.”

“We have a seventy five billion dollar surplus this year as the city devolves.”

“California, by the way, has about a four billion dollar, if I remember right, stem cell grant program, where they're funding research into stem cell therapies.”

“We had net migration loss of 182,000 in 2020.”

“Last year based on the forests that burnt in California we released about one and a half times as much carbon into the atmosphere from our forest fires as we did from cars Is burning fossil fuels in the state.”

“I'm moving to Texas or to Florida. I'm making the announcement now.”

“I mean, I think California is my position right now is California is going to be on a decade long slide”

“Desal plants don't solve the problem of hydroelectric plants, which requires snowpack to melt to get rivers to run to turn those turbines to generate electricity for the state.”

“Israel, correct me if I'm wrong, is now they charge three times as much for water than we do. So people take water seriously, and they actually monitor their water usage, and they have desalinization, and they have more water than they need per capita.”

“Snowpack level in California reached zero percent throughout the entire state by June first. That has never happened before.”

“Newsom was recently caught in a lie saying that, you know, they had basically treated 90,000 acres. This is what this article I'll put in the chat said. In reality, that only really treated about 11,000 acres.”

“Take education in California. We have very high levels of per pupil spending and our test scores keep going down.”

“Where we fail as entrepreneurs, where we fail as allocators, is we had no strategic plan for California. We have no strategic alternative plan for America.”

“This is the EDD fraud where thirty billion basically went to anyone claiming unemployment insurance and thirty billion and fake claims were paid out.”

“One difference between Florida or Miami in particular and California and San Francisco in particular is nobody hates money or success over here. They're happy for, you know, all these rich people to come in and spend their money. They really believe in capital…”

“It is PG&E, who this year was charged with felonies and manslaughter in the death of four people because of the wildfires that they started because of their inability to maintain their power infrastructure throughout the state of California.”

“There's going to be a ballot initiative that says that any Parent who wants to send their kid to an accredited school can get a voucher for 13,000 dollars from the state.”

“In New York and California, adults don't have to wear masks anymore, but the kids do.”

“Like, for example, you take a state like California, you know, it's the most populous state in the country, it's the richest state in the country, but it has an electricity prices that are three times higher than the national average.”

“California has gone from the land of opportunity to the land of sort of taxes, over-regulation and litigation.”

“I'm mainly pissed off that SBF is trying to raise my taxes in California.”

“If you look at the data, California needs to build three and a half million extra homes by 2025.”

“In fact, last year, we had, for the first time, Net migration out of the state.”

“I think California is my big political loser. And I would say in particular, the city of San Francisco, both are going to have gigantic budget shortfalls.”

“And now he's gone from a massive surplus to a twenty five billion dollar deficit overnight, which we talked about even a year ago, because that was just the law of numbers catching up with the state of California.”

“From 20 10 to 20 18, the unauthorized immigrant population in the state declined by 10%. To 2.6 million”

“It's a machine state. It's the most corrupt out of 50.”

“Because specifically, California went from having a seventy-six billion dollar surplus in twenty-twenty-two to a sixty-eight billion dollar deficit now.”

“The most recent model called ArcStorm two point oh, which was an analysis done By the USGS showed that if this sort of an event were to occur again, would drive over a trillion dollars in damages in California.”

“These sorts of events are predicted historically to happen every 150 to 200 years, but based on the warm temperature in the oceans we see, it's now predicted that these will happen every, call it 25 to 50 years or much sooner.”

“You also had this referendum in California that Essentially lowered a whole bunch of felonies to misdemeanors. Basically, if you steal less than 950 dollars, that's considered a misdemeanor now instead of a felony.”

“I think one of the reasons why the tech industry moves so fast and innovates so well is because of the happy coincidence that California doesn't allow non-competes, and so the industry's never had them. And as a result of that, like you're saying, the talent j…”

“I got threatened by the city of San Francisco and the state of California three months after we launched Uber with 90 days in jail for every ride that had occurred.”

“This economy has been the biggest beneficiary of China's rise probably in the whole world.”

“Yeah, it would wreck California for one thing. It would destroy the economy that you guys are making completely.”

“In California, like you said, we now have a new law signed by Gavin Newsom to make it illegal to ask for voter ID.”

“If we were to actually put real resources into those three states, Trump would be virtually guaranteed to win the popular vote.”

“I think in 2020, they won California by 29 points. It was barely half is what they won by this year. In New York, it shrunk to a 12 point margin.”

“I completely agree with you, and I'll go even further, which is, I think that the Democrats will lose one of California or New York in the next eight years.”

“I think that the person that runs for governor in California should commit to cutting those 65,000 regulations down to 10,000 as needed, to replacing the DMV with a digital app, and to cut taxes to near zero, and to create school choice. Whoever does that will…”

“The regulatory burden in California as a state From 1997 to 20 15, this is when the data is available that I found, has increased by almost 50%.”

“Well, you know, there, there's a lot of scuttlebutt online that Nicole Shanahan is going to run for governor of California. And I'd be all in favor of that.”

“As of May of 2022, There are almost 61,000 individual regulations in the state of California.”

“So you're not allowed to use a weather model To price in, you know, your decision making for insurance in the state.”

“In the 19 fifties, the average amount of timber, so wood that was harvested in California was around six billion board feet per year. In the intervening 70 years, that shrank to about 1.5 billion board feet.”

“I think that the liabilities of the insurance claims are going to be so massive that the state's going to look to the federal government to bill them out.”

“In California, it's three quarters of a trillion dollars that are at about 1.26 million homes. That are at moderate or great risk of fires.”

“After the 1994 Northridge earthquake, They rebuilt I-TEN, right? Which is like, that is like a crazy artery, in 66 days.”

“They offered a 200,000 dollar per day early build bonus on that program back then. So they basically, the state declared, we need this freeway reopened, and here's the date. It was like a 144 days, and they're like, you'll get a 200,000 dollar bonus for every …”

“Having lived in New York and grown up there now, and then done 20 years in California now, my second year in Texas, or starting my second year it's amazing to me that you're allowed to build things in Texas, like homes or factories, and the price of homes has …”

“States like California, which has, you know, a three hundred and twenty-two billion dollar budget, is just completely falling apart.”

“The highest concentration of illegal immigrants was in California, in 1988.”

“And so I think the amnesty law played a significant part, the federal law changing the voting composition of the state.”

“It feels to me like Californians have had enough, and it's just going to take a decade or two to unwind it.”

“And the biggest state folks come from is California.”

“Well, this is where there'll be a federal preemption challenge, I think, of California.”

“If all of the miles in California went EV ride sharing, you would need to double the energy capacity of California.”

“By the way, his popularity has gone up, which is insane, which after the fires and all of the ineptitude in California, all of the corporations that have run away, all of the people that have left, the chaos in San Francisco, after all of that, he started a po…”

“So is there something we could do where you put another layer of private money in there, and then the federal government is the fifth risk. Traunch. But if the federal government comes in, can we mandate down here proper hygiene?”

“Yeah, I think the four, four big. And so it's like, okay, so go to Gerber's website, I can't find heavy metals results anywhere. And then I realized my VPN's on, and I'm coming from a server outside of California, they've IP blocked.”

“Ronald Reagan signed amnesty, and you know, some, four years later, it is now a solidly blue state, and I think some of us on this program, I know you, Jason, are a refugee from California because of that, because of some of those policies, and I want to be, I…”

“And the cost of creating housing in California market rate is two X in California, what it is in Texas. But when you get into that publicly subsidized housing, where you have all these new standards and rules and regulations being triggered by the addition of …”

“We wouldn't have agriculture in Arizona or California without that.”

“But fundamentally the state is a slum. It's a Latin American country, and immigration did that.”

“I do think the drug cartels are involved, flexing their authority in California. They have a lot of control in California, as I'm sure you know.”

“We would not film in Los Angeles. Unless we absolutely had to. We will stay as far away from California as possible.”

“In California, our grid is on average about between 45 and 50% utilized. This is for PG&E.”

“The thing I worry about is in California, you've got ballot harvesting is legal, and checking someone's voter ID is illegal.”

“Well, you know, it may, David, but I may give that a try.”

“Despite all of its flaws and challenges, California is irreplaceable. Whether you like it or not, there is nowhere else in America that can play the role that California plays, ah, in the United States right now.”

“They're already trying to extend Prop. 55, which is the progressive tax for people making over a million dollars. They're going to get that passed.”

“Now in California, the civil rights agency that deals with housing has now embraced algorithmic discrimination and Illinois has also embraced it.”

“25% of the bills going through state legislatures are in four states. California, New York, Colorado, and Illinois.”

“You guys are gonna look back on Gavin and realize he was the most upstanding, moderate governor that California had in modern era”

“We would still be in LA if the, if California didn't completely mishandle the pandemic and let police take such a terrible hit during the George Floyd riots.”

“California, more homeless people than any other state.”

“It's probably a hundred billion dollars a year that's being just completely pilfered out of California.”

“In the state of California, these billionaires, there's 200 of them. The total net worth of billionaires in the state of California is two trillion dollars.”

“It establishes a precedent that we can define an arbitrary group of people And confiscate a bunch of their property because they're politically unpopular. And if it succeeds here, it will be replicated over and over and over again. And obviously the line will …”

“For me, we already talked about this, but it was California because of the wealth tax and also the onerous regulations driving business and capital out of the state.”

“I think a lot of people expect that some version this comes back in 2028, which is the thing that kind of pushed me over the edge in terms of leaving is I don't think this bomb is going away.”

“I think a lot of other people will leave. It's probably half the total wealth that the budget estimated would be available to be taxed will be gone.”

“If it gets on the ballot, You know, again, we'll know in just a few months, there's going to be a huge freak out. And I think there'll be a lot of people who will say, I can't take the risk. They're going to leave the state. So I think there's going to be a ru…”

“This is, what I'm starting to learn is basically what people are calling gyno-fascism, which is way too many women in positions of power with an eye on safety.”

“Yes, it's definitely going to drive migration up”

“One in 12 boys in California now being diagnosed with autism.”

“In California we're looking at a thirty billion a year deficit, we've got five hundred billion of debt, and we have a nearly one trillion dollar pension obligation that is not funded.”

“California collects roughly double per capita what Texas and Florida do. So California collects about 10,319 dollars per taxpayer, whereas Texas 5469, Florida 4914.”

“The California budget has doubled over the past decade while the population stayed flat”

“My estimates would probably be 20% of the billionaires have already left in California, that it's already created a negative ten billion tax hole, even if, even with the amount that they hope to raise from the people who stay.”

“The history of the last 10 years in California is that the budget has gone up dramatically and the services have gotten worse.”

“California, the budget's three hundred fifty billion dollars, by far the biggest. It has doubled in the last decade.”

“We have seven times more hospice in California. Hospice is for people at the end of their life. Seven times more hospice than was there five, six, seven years ago.”

“The survival rate for most of these hospice centers is a hundred percent.”

“If you're on Medicare, you don't get free dental, you don't get free vision. You do if you're an illegal immigrant in California.”

“We've audited him now. This data's coming out this week. We have now found over one and a half billion dollars of money spent wrongly. We've audited it. They're not even arguing. One and a half billion dollars from that California charged the federal governmen…”

“California has a trillion dollar fiscal cliff coming up because of the pension obligations.”

“Current course and speed, the top two vote getters are trending to be both Republican candidates.”

“So fundamentally and functionally, there are two ways that California can be saved. Number one, you pass an amendment to the Constitution to fix this pension liability problem. And number two is the state has the ability to declare bankruptcy.”

“Texas and Florida Do a better job for their population, collecting half as much in taxes per capita as California does and having no income tax or capital gains tax.”

“California has nearly a trillion dollars of unfunded pension obligations to its public retirees or public employees that are going to retire.”

“The Hoover Institution basically ran this Monte Carlo simulation. They ran a 100,000 runs, and in 71% of those runs, it comes out with a negative NPV, and if you expected value it out, It's about a twenty five billion dollar hole.”

“So I suspect when you look back on this in 18 or 24 months, it'll be as bad or worse than California.”

“There are literally dozens of startup CEOs of call it successful or growing companies that I talked to who were like, dude, I want to leave, but I got employees here.”

“So there's a group of people trying to raise five hundred million dollars to create like a tech slash business coalition to go to Sacramento, which arguably is something that everyone's left and avoided doing forever because no one wants to spend time in freak…”

“It's time for California to go through an exercise of zero-based budgeting and say, what are the outcomes we need, and are we actually spending dollars to achieve those outcomes, or are we just funding a sprawling, bloated bureaucracy”

“The state's population has stayed flat over the last six years. Spending is up 75%, as you point out, and headcount in state employees is up, I believe, over 20%.”

“We've seen over a trillion dollars of capital flight.”

“I don't think it's realistic for California to create a single state-run free healthcare for all system.”

“Yeah, and I would, just to be clear, as governor, veto even more of these bills”

“We have led the state in reducing crime and become the safest big city in the country.”

“I'm frustrated with a state that keeps spending more and seemingly getting less, which is why I jumped in.”

“I think that's fair. I think regulation, Bureaucracy. A set of codes and laws that don't work for people and work for the special interests in Sacramento.”

“Texas is providing dramatically cheaper power that is cleaner than California.”

“With Prop. 36, I was the first Democratic mayor in the state to come out in support of Prop. 36.”

“As governor, I would create a task force that just focuses on fixing the insurance market, and if the state will invest in vegetation management to reduce the risk of catastrophic loss, you're gonna see premiums go down over the long term.”

“We spend eight dollars in fire response and recovery for every one dollar we spend on prevention”

“During the last five years or so, roughly during the pandemic, unemployment claims in California that were fraudulent totaled over thirty billion dollars.”

“We've added over 2000 shelter beds in my first three years as mayor, and led the state in reducing unsheltered homelessness”

“The state has lost most of its refineries over the last decade because we have intentionally regulated them out of existence.”

“We're not building condos in California, partly because construction defect liability allows a trial lawyer to come in in year nine of a project And if they see that the paint is starting to bubble, they'll file a suit, and they care about the fees.”

“And yet we lead the nation in unsheltered homelessness over 40% of the people living outside in tents in the entire country live in California, which is only about 12% of the country's population.”

“I think the state is heading toward an inflection point past which there may be no return.”

“Mississippi and Louisiana are doing a better job of helping low-income kids get on grade level for reading than we are in the very well-resourced, very progressive state of California.”

“Power is so cheap and abundant in California that we sometimes pay Arizona to take our excess solar”

“I will absolutely stand up to protect undocumented residents who are playing by the rules, who are doing the most American thing, and I get all the arguments around lawful immigration.”

“They're not getting the help that they need, and part of the reason they're not getting the help that they need is this hyper-partisanship in which California and Washington are fighting rhetorically and politically, and the people who are being hurt are the f…”

“Over the last decade, we've had 50,000 people die on our streets in California about Half from overdose and suicide.”

“When it comes to housing, just to slightly switch topics, the fees that cities can assess, one-time fees can add 20% to the cost of a project.”

“Anybody can sue under CEQA. You don't even have to be a resident of California to sue under CEQA.”

“If the Democratic Party doesn't start to wake up and be more responsive to the needs of our constituents and deliver with the resources we've got, we're gonna see the pendulum swing all the way the other way, and you're going to see a MAGA-like movement happen…”

“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.”

“We're the state with the highest unemployment rate in the country and the highest poverty rate in the country tied with Louisiana.”

“California still has the worst air quality in the country, largely because of the addiction to cars and traffic.”

“There are so many things I see in California today that are exactly like the UK in the seventies. You've got the massive dominance of the unions in policymaking. You've got a slurotic economy. You've got massively high taxation.”

“The same exact floor plan, house, apartment building, industrial building, whatever it is, costs two or three times more to build. In other, in, in California than in neighboring states.”

“California, still 30% more violent Then the rest of the country.”

“Our number one provider is Iraq right now. That's the number one source of oil.”

“We spend nearly the most of any state per student right now in this year. It's about 27,000, just, it's more than, just over 27,000 per student per year. In California, if you take the average out of the money, and we get some of the worst results in the count…”

“One of my Democrat opponents in the governor's race, Katie Porter. Actually, you know, we were doing a debate the other week in Fresno, and she just said, we're talking about affordability or whatever it was, and she said, well, I'm, I've decided I'm stealing …”

“If you look at the budget of the state of California, it's nearly doubled In the last 10 years.”

“And that's one of the proposals I've got in my campaign, which is a grade for every school and a grade for every teacher. So we can reward the good ones and remove the bad ones.”

“If you look at EVs, I mean, EV penetration, even with all the subsidies and so on, it's incredibly low in California. So you can't point, it's about four or five percent, something like that.”

“Chief executive magazine ranks us and has done for the last 10 years or so the 50th out of 50 for business climate.”

“We had a really strong energy industry and infrastructure in California where we produced most of the oil and gas that we use, and we had refineries, about 40 of them around the state, mostly in the Bay Area, down in LA, that refined and turned it into product…”

“We have the highest gas prices in the country, as you know, the highest electric bills everywhere except for Hawaii housing costs the highest in the country”

“And then the, you know, the ballot initiative, the Retirement Protection and Savings Act, right, it's going to pass with big numbers.”

“60% of these guys fly in”

“And if that happens, there is one thing that Steve Hilton can do to start to completely change the way that this state is run, which is instantly on day one, declare a state of emergency.”

“Gavin Newsom just signed a law making it virtually impossible to audit any of this stuff.”

“We live in a autocracy in California where one political machine has shaped the laws so inexorably that whether it's a mayor or it's a state legislator or it's a state senator or it's the governor, it's a one-way door.”

“California Assembly Bill 1921 legalized the practice of unlimited ballot harvesting in the state.”

“This is a foundational destruction of our rights to vote for people in a free democracy.”

“It has been set up and structured in a way that with the right construct, you can get an individual appointed, not elected, but appointed to a particular role in government under a, quote, free election in California.”

“We know That there's billions of dollars in fraud in California for things like Medicaid fraud, unemployment fraud, EBT fraud, hospice fraud, fraud related to the homeless industrial complex, and on and on. That's all been proven, ok?”

“I think the California vote count is an accurate tally of the votes that were cast.”

“If you just look at the budget per person places like Texas and Florida spend about 5000 dollars per citizen on services, you know, if you divide the budget by the population, and then you look at New York City, it's close to 13,000 dollars, and you look at Ca…”

“I guarantee you, Friedberg and Chamath, you will be paying 60 to 65% tax if you stay in California”

“Then we're gonna deal with a California bankruptcy in the next 10 years, and it is unfortunately, no, and it will unfortunately result in a complete restructuring of those debt obligations.”

“Since 2019, at least 15 Fortune 500 companies have moved out of California, moved their headquarters out, not to mention all the local franchises and everything that moved out. 2100 companies that are mid or large size have moved out of California since 2019.”

“California's state budget ballooned from two hundred and fifteen billion a year in 2019, six years ago, to three hundred and fifty five billion today, so a 65% jump in the state budget.”

“You're gonna have two or 300 individual lawsuits that will take a decade to meander through the courts, and ultimately I think a lot of people have standing here, and I just wonder what will they have proven at that point, because it'll be a decade later, it'l…”

“Look, this idea that somehow things get bad enough where you get a red wave in super blue California. And everything gets magically fixed. Not gonna happen. What's gonna happen is a blue state's gonna get bluer.”

“If you just look at the load growth that's expected between now and 20 50. We are about three entire California's worth of energy short. And that's just assuming regular consumption of devices and cars, fridges, televisions and computers. So we are, we have a,…”

“They've won in a bunch of states. They already won in California and Illinois and New York, and I mean, they're winning in all the blue states and maybe even some red states.”

“By 20 50, the United States of America will be two and a half California's worth of energy in deficit.”

“We will be 1.7 terawatt hours short by 20 50, which is when you calculate it as energy. It is six X of California's entire energy consumption. Six California's short of energy.”

“And you look at like California, you know, there was 7000 reported abuses of their state database last year.”