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Jay Powell

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
396 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

So you have now these two competing ideologies here. But to the question of who is responsible, it is economically going to make no sense to rebuild unless you can get that insurance. It is a coveted place to live. But because of the construction costs have gone absolutely parabolic in California because of regulations, you're talking about $14 million in income to build a $7 million house.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

So you have now these two competing ideologies here. But to the question of who is responsible, it is economically going to make no sense to rebuild unless you can get that insurance. It is a coveted place to live. But because of the construction costs have gone absolutely parabolic in California because of regulations, you're talking about $14 million in income to build a $7 million house.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

And maybe you're just better off selling the lot for $1 million and letting it be somebody else's problem going forward and just taking the $2 or $3 or $4 million loss. Who should pay? for on a go forward basis, underwriting these homes.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

And maybe you're just better off selling the lot for $1 million and letting it be somebody else's problem going forward and just taking the $2 or $3 or $4 million loss. Who should pay? for on a go forward basis, underwriting these homes.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

This is more regulations that were layered on here to try to create equality. And the fact is, it's now... working against the system in Tahoe, to your point, they gave us explicit instructions around homes. Put stone and pebbles around your home. Cut the trees and bushes down around your homes. Do this over here. Your premium should go down when you do that.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

This is more regulations that were layered on here to try to create equality. And the fact is, it's now... working against the system in Tahoe, to your point, they gave us explicit instructions around homes. Put stone and pebbles around your home. Cut the trees and bushes down around your homes. Do this over here. Your premium should go down when you do that.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

And if you do that, which might cost $10,000 a home, it would keep these from jumping from one to the other in most fire situations. Freeburg, you're back. Is everything okay?

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

And if you do that, which might cost $10,000 a home, it would keep these from jumping from one to the other in most fire situations. Freeburg, you're back. Is everything okay?

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

Yeah. What are they saying?

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

Yeah. What are they saying?

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

We're the last generation that will be thinking about this issue of grabbing the photos. Yeah. It's fascinating. I just want to say, like, you know, as we wrap up this segment, you know, obviously we're thinking about everybody there. This is complex. This is not the fault of a lesbian firefighter or the Ukraine or any of these other issues. This is leadership and nature and preparedness.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

We're the last generation that will be thinking about this issue of grabbing the photos. Yeah. It's fascinating. I just want to say, like, you know, as we wrap up this segment, you know, obviously we're thinking about everybody there. This is complex. This is not the fault of a lesbian firefighter or the Ukraine or any of these other issues. This is leadership and nature and preparedness.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

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.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

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.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

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.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

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.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

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.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

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.

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

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

All-In with Chamath, Jason, Sacks & Friedberg
LA's Wildfire Disaster, Zuck Flips on Free Speech, Why Trump Wants Greenland

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