Tom Bilyeu

It just, I mean, that's a big part of the strategy.

And you got to win AI.

So, God, this is one of those where people are going to mistake me saying what is real for what I want to happen.

I don't want this to happen.

This is fucking terrible.

Dude, this is so wild.

California has become an empire of fraud.

California is the fifth largest economy on earth ever.

It collects the highest income taxes in the country.

It spends over $300 billion a year.

So how on God's green earth is it falling apart?

A major New City journalism investigation, this is important, please hold this one in your mind, based on state audits, federal indictments, and data direct from local governments says that the answer is simple.

The money is being stolen.

at a scale that is genuinely hard to believe.

During COVID, California processed so many unemployment claims that fraud specialist Heywood Talco, who's the CEO of LexisNexis, the risk solutions, noted at one point there were more people applying for unemployment benefits than there were total adults in the state.

you're not going to get a much clearer signal than that, that you have a massive fraud problem.

You have more people applying for unemployment than actually exist.

Here's what happened.

Going into COVID, California's unemployment fund was already in terrible trouble.

There was only $3.3 billion in reserves.