Carol Roth
π€ SpeakerAppearances Over Time
Podcast Appearances
Kevin Warsh is somebody who is a former Wall Street guy, former M&A banker that went into politics.
He was appointed to the Board of Governors of the Fed by George W. Bush.
And so he has that experience, but he also is sort of a liaison.
So during the Great Recession financial crisis, he was the one who was liaising between the Fed and the banks and the White House and creating that.
So he's seen, even though he's somebody who wants to lower interest rates and he's aligned with a lot of the
Yeah, I don't like that.
Yeah, I know the market will like that.
Right.
You want Ron Paul in there.
Well, I'm less concerned about California as I am about the rest of the country, because this is something that is going to have reverberations throughout the country.
We know every bad economic proposal this country has is incubated in California and then it ends up spreading.
So if this is something that is adopted and you talked about capital controls, let's try to trap wealth here in the state.
You know, if it's January 1st and you are not out of here yet,
We're going to make this retroactive.
You have to keep it in the state.
Well, that's because there are other states to go to.
If Democrats get behind this nationally, this means this could be enacted not only nationally, but we know no policies that come out for the wealthy ever stay with the wealthy.
They roll down to the middle class.
So this is a Trojan horse.
But also something that you've talked about that's so critically important is we are in a race for our lives with tech for the future of this country in terms of the economy and growth and national security.