Jay Powell

Here's a framing. If you're paying 50% tax in California, you're a shareholder of an organization known as California Inc. You're on the board of that company. You're paying the salaries of the people there. You have a say. Recall these people. Start a recall of Newsom. Start a recall of Karen Bass. Just do it. I'm not doing it. I don't have time for this. I'm in Austin.

Here's a framing. If you're paying 50% tax in California, you're a shareholder of an organization known as California Inc. You're on the board of that company. You're paying the salaries of the people there. You have a say. Recall these people. Start a recall of Newsom. Start a recall of Karen Bass. Just do it. I'm not doing it. I don't have time for this. I'm in Austin.

But y'all who are still in California, start a page, recall Newsom, recall Bass, and you have the power to do it and you will succeed. I guarantee it. Now is the moment to strike. There's other news we should get to. You know, I hate to say thoughts and prayers, but literally I've been thinking about this, you know, all day long. And I have a lot of friends. My friend Mark Suster lost his home.

But y'all who are still in California, start a page, recall Newsom, recall Bass, and you have the power to do it and you will succeed. I guarantee it. Now is the moment to strike. There's other news we should get to. You know, I hate to say thoughts and prayers, but literally I've been thinking about this, you know, all day long. And I have a lot of friends. My friend Mark Suster lost his home.

I used to play cards with Jimmy Woods. And, you know, I just feel terrible for everybody who's lost their homes and then their kids and their schools are burned down as well. All those great schools in Pacific Palisades are gone.

I used to play cards with Jimmy Woods. And, you know, I just feel terrible for everybody who's lost their homes and then their kids and their schools are burned down as well. All those great schools in Pacific Palisades are gone.

Oh, that's what's going to happen. They're going to sit on them, yeah. They're going to just sit on them and wait for people to forget like they did in 1962.

Oh, that's what's going to happen. They're going to sit on them, yeah. They're going to just sit on them and wait for people to forget like they did in 1962.

Yeah, he should be running the place.

Yeah, he should be running the place.

So they're distorting it. They're putting their thumbs on the scale and they're distorting it even more, which creates a bigger crater.

So they're distorting it. They're putting their thumbs on the scale and they're distorting it even more, which creates a bigger crater.

All right. This has been an absolutely fantastic discussion. Let's move on to our next topic here. Zuck just fired Meta's third party fact checkers, and he is going to embrace the community notes model from Twitter slash X, which predates Elon's ownership of the platform and is an open source project for those folks who don't know. On Tuesday, he made the announcement on an Instagram video.

All right. This has been an absolutely fantastic discussion. Let's move on to our next topic here. Zuck just fired Meta's third party fact checkers, and he is going to embrace the community notes model from Twitter slash X, which predates Elon's ownership of the platform and is an open source project for those folks who don't know. On Tuesday, he made the announcement on an Instagram video.

He published a blog with a bunch of details. And he made the signal that he was going to move the trust and safety team out of California, which he feels maybe was too far to the left, as we were just discussing in the previous story, and move it to the great state of Texas. And here's a quote from his comments.

He published a blog with a bunch of details. And he made the signal that he was going to move the trust and safety team out of California, which he feels maybe was too far to the left, as we were just discussing in the previous story, and move it to the great state of Texas. And here's a quote from his comments.

In recent years, we've developed increasingly complex systems to manage content across our platforms, partly in response to societal and political pressures to moderate content. This approach has gone too far.

In recent years, we've developed increasingly complex systems to manage content across our platforms, partly in response to societal and political pressures to moderate content. This approach has gone too far.

If you remember back in August, Zuck sent a letter to the House Judiciary Committee explaining how the FBI and Biden administration have pressured Facebook into censoring posts about COVID and Hunter Biden. You'll also remember that Zuckerberg has over 3 billion members to his platform and had no problem banning Trump from the platform after January 6th. A lot to talk about in this topic, Cyan.

If you remember back in August, Zuck sent a letter to the House Judiciary Committee explaining how the FBI and Biden administration have pressured Facebook into censoring posts about COVID and Hunter Biden. You'll also remember that Zuckerberg has over 3 billion members to his platform and had no problem banning Trump from the platform after January 6th. A lot to talk about in this topic, Cyan.