Jay Powell
๐ค PersonAppearances Over Time
Podcast Appearances
Okay, don't do your thing. Oh, wow. Gosh almighty. We're talking about, hey, maybe less government. Hey, maybe spending less. Now the same group of people maybe who were saying, hey, we need to spend less and reduce the size of government are saying, hey, well, why isn't California more prepared? Well, being prepared obviously means more money and more taxes.
Okay, don't do your thing. Oh, wow. Gosh almighty. We're talking about, hey, maybe less government. Hey, maybe spending less. Now the same group of people maybe who were saying, hey, we need to spend less and reduce the size of government are saying, hey, well, why isn't California more prepared? Well, being prepared obviously means more money and more taxes.
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.
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.
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.
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.
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.
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.
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?
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?
Yeah. What are they saying?
Yeah. What are they saying?
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.
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.
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.
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.