Steve Hilton
Republican candidate for California Governor and former political advisor.
“the chances of a Republican winning the general election are close to nil.”
“We've been just looking at the published data on spending to find examples and to make an estimate of the total amount of fraud, waste and abuse in the system. And we've now published four separate fraud reports out of Cal Doge.”
Source→“Our number over the last five years, total, our estimate was $425 billion. So averaged over the years, it's about $80 billion a year. So that's around 20% or so.”
Source→“The state controller is an elected position. It has the legal power to audit any organization receiving state money and to stop the flow of money if there's any suspicion of improper spending. So there's a guy running with me called Herb Morgan, and we've been doing this work together.”
Source→“My real partner in developing that was someone called Michelle Steeb, who's done a lot of work on this. She actually run homeless shelters and really at the kind of street level of this for many, many years.”
Source→“There's also someone called Tom Wolfe, who's given me a lot of great advice. He's in San Francisco, a recovering addict, a recovered addict who's just fantastic.”
Source→“Mike Moritz actually sent me a report that someone had done about the UK today. And again, there's just these eerie parallels with just how impossible it is to do anything in the UK, to build anything, the over-regulation... it just is exactly like California today.”
Source→“Participants: Chamath Palihapitiya, David Friedberg, David Sacks, Jason Calacanis, Steve Hilton”
Source→“In 2024, the presidential race, President Trump in California, without even campaigning here or spending money on ads or anything... got 6.1 million votes. In other words, there's more than enough.”
Source→“They are making the HVAC systems, the air conditioning, incredibly important, as you know, for TSMC and these semiconductor factories and all these high-end manufacturing that's happening in other states... they said to me, since the facilities are all now being built in other states, we're on the brink of moving our facility to be closer.”
Source→“There's a guy running with me called Herb Morgan, and we've been doing this work together. And we've published four reports now, three of them on individual examples of fraud.”
Source→“We actually tracked that money with an AI partner that can get all the reports. And of that $1 billion total in 10 years, the actual amount spent on the purported benefit here, solar panel installation, was $72 million.”
Source→“Chamath Palihapitiya, David Friedberg, David Sacks, Jason Calacanis, Steve Hilton”
Source→“You've got these three structural forces that I think underpin the problem and show why a Democrat can't fix it. And the three things are union power, litigation, and climate dogma.”
Source→“Since the facilities are all now being built in other states, we're on the brink of moving our facility to be closer. Because what's the point of making this stuff in California?”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.