Jay Powell

So there are big issues around climate change. You want to believe me, you don't want to believe me, fine, put that aside. But I can tell you that when I saw Karen Bass get off that flight Play the clip, Nick, of Karen Bass here, because it's a short enough clip that we can play it here for the audience.

I'm assuming you all, three of you saw this clip of her being absolutely unwilling to answer a single goddamn question about what's going on. This is the opposite of a leadership. Just 10 seconds of this.

I'm assuming you all, three of you saw this clip of her being absolutely unwilling to answer a single goddamn question about what's going on. This is the opposite of a leadership. Just 10 seconds of this.

She's in shock. I mean, I have zero sympathy. You took the leadership job. I don't give a shit if you're in shock. You're a leader. You sold yourself as the leader that you were going to service these people and you don't have the dignity, the honor to just answer the questions. That is absolutely the worst leadership I've ever seen under fire.

She's in shock. I mean, I have zero sympathy. You took the leadership job. I don't give a shit if you're in shock. You're a leader. You sold yourself as the leader that you were going to service these people and you don't have the dignity, the honor to just answer the questions. That is absolutely the worst leadership I've ever seen under fire.

You fire them all and you vote for Rick Caruso, you vote for executives who know what the they're doing and know what to do in a crisis because they've been under fire before, because they've run a business before, because they've seen hit the fan. This person, I don't know her, I don't know her history, but I'll be totally honest, like I wouldn't trust her

You fire them all and you vote for Rick Caruso, you vote for executives who know what the they're doing and know what to do in a crisis because they've been under fire before, because they've run a business before, because they've seen hit the fan. This person, I don't know her, I don't know her history, but I'll be totally honest, like I wouldn't trust her

literally to pick up my lunch, if she can't answer one or two goddamn questions and give a placating answer to a reporter, hey, it's an intense situation. We're working as hard as we can. She can't even say two goddamn words to the people who voted her in.

literally to pick up my lunch, if she can't answer one or two goddamn questions and give a placating answer to a reporter, hey, it's an intense situation. We're working as hard as we can. She can't even say two goddamn words to the people who voted her in.

And for anybody who voted for this level of incompetence, it reminds me of exactly what we went through in San Francisco when I was living there in the Bay Area, when you put someone like Chesa Boudin in or London Breed or this entire...

And for anybody who voted for this level of incompetence, it reminds me of exactly what we went through in San Francisco when I was living there in the Bay Area, when you put someone like Chesa Boudin in or London Breed or this entire...

Clown car, Aaron Petsker, all these disgraceful, the Marxist lunatics who would rather virtue signal dopey Dean Preston, the whole lot of them, you vote them out and you vote in executives. And it doesn't mean a Republican executive. It doesn't mean a Democrat executive. It means an executive who's run something in their life before.

Clown car, Aaron Petsker, all these disgraceful, the Marxist lunatics who would rather virtue signal dopey Dean Preston, the whole lot of them, you vote them out and you vote in executives. And it doesn't mean a Republican executive. It doesn't mean a Democrat executive. It means an executive who's run something in their life before.

Whether it's Bloomberg, whether it's Trump, whether it's Rick Caruso, it doesn't matter their ideology. It matters their effectiveness. And if you vote for ineffective people, you're going to get situations like this over and over and over again. So use your brains and vote for executives who've done something in the world. This is why I've changed my position on rooting for Trump now.

Whether it's Bloomberg, whether it's Trump, whether it's Rick Caruso, it doesn't matter their ideology. It matters their effectiveness. And if you vote for ineffective people, you're going to get situations like this over and over and over again. So use your brains and vote for executives who've done something in the world. This is why I've changed my position on rooting for Trump now.

I was a never Trump or everybody knows that, but he put executives around him this time around. And I am rooting for those executives to do what's right for the American people and solve big problems, not make them worse. It's infuriating. Timoth, what do you think?

I was a never Trump or everybody knows that, but he put executives around him this time around. And I am rooting for those executives to do what's right for the American people and solve big problems, not make them worse. It's infuriating. Timoth, what do you think?

It's a crisis of competence. I mean, I think we all see it. These are incompetent people.

It's a crisis of competence. I mean, I think we all see it. These are incompetent people.

Well said. I mean, and as we said in this segment, there are so many common sense, tactical, strategic things that these people could be doing, that they should be doing, that they're not. And there needs to be a full-blown investigation. You kind of alluded to this earlier, Chamath, but if there is, if this is dereliction of duty, then we need to look into this in a very deep fashion.