Skip to main content

Stephen J. Cloobeck on California's Affordability Crisis and Gubernatorial Race

Fox BusinessJuly 5, 20257 min47,495 views
31 connections·34 entities in this video→

California's Economic Challenges

  • πŸ’‘ California is not open for business, not affordable, livable, nor workable, according to candidate Stephen J. Cloobeck.
  • πŸš€ Cloobeck emphasizes the need for California to be on offense, not defense, utilizing its $4.1 trillion GDP strategically.
  • πŸ“‰ Many residents are leaving the state due to high taxes, poverty, and a poor business climate.

Gubernatorial Candidate Field

  • 🎯 Cloobeck criticizes other candidates, including a sheriff who he believes is unaware of the law and a candidate he feels is not fit for governor.
  • 🀝 He expresses admiration for Steve Hilton, a fellow candidate, and believes they share a vision for California, despite political differences.
  • βš–οΈ Cloobeck aims to be a conservative Democratic governor who understands financial statements and ethical governance.

Proposed Solutions for Affordability

  • 🏠 Cloobeck proposes declaring an affordability emergency and pausing the Coastal Commission and species act until legislation improves.
  • πŸ› οΈ He suggests reopening insurance markets using the state's captive insurance model, similar to his business experience.
  • πŸ’° To combat fraud and unaccounted funds (like EDDD COVID fraud and homeless money), Cloobeck proposes a bounty of 10% for those who find and turn over missing money.

Performance and Results Focus

  • πŸ“ˆ Cloobeck plans to launch the California Department of Performance and Results (CPR) to focus on tangible outcomes for the state.
  • πŸ—οΈ Regarding housing, he advocates for pausing emergency orders and revisiting housing laws from the 80s and '90s, addressing permit costs and union/NIMBY weaponization.
  • 🌳 He also calls for pausing the Endangered Species Act to address root causes and encourage deregulation for good business practices.
Knowledge graph34 entities Β· 31 connections

How they connect

An interactive map of every person, idea, and reference from this conversation. Hover to trace connections, click to explore.

Hover Β· drag to explore
34 entities
Chapters4 moments

Key Moments

Transcript27 segments

Full Transcript

Topics15 themes

What’s Discussed

California Gubernatorial RaceAffordability CrisisEconomic PolicyGavin NewsomSteve HiltonStephen J. CloobeckCalifornia BudgetIllegal Immigration CostsInsurance Market ReformHousing PolicyEndangered Species ActCoastal CommissionEDDD FraudHomelessness FundingDepartment of Performance and Results
Smart Objects34 Β· 31 links
LocationsΒ· 2
PeopleΒ· 10
ConceptsΒ· 13
MediaΒ· 1
CompaniesΒ· 6
EventsΒ· 2