Stephen J. Cloobeck on California's Affordability Crisis and Gubernatorial Race
Fox BusinessJuly 5, 20257 min47,495 views
31 connectionsΒ·34 entities in this videoβCalifornia's Economic Challenges
- π‘ California is not open for business, not affordable, livable, nor workable, according to candidate Stephen J. Cloobeck.
- π Cloobeck emphasizes the need for California to be on offense, not defense, utilizing its $4.1 trillion GDP strategically.
- π Many residents are leaving the state due to high taxes, poverty, and a poor business climate.
Gubernatorial Candidate Field
- π― 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.
- π€ He expresses admiration for Steve Hilton, a fellow candidate, and believes they share a vision for California, despite political differences.
- βοΈ Cloobeck aims to be a conservative Democratic governor who understands financial statements and ethical governance.
Proposed Solutions for Affordability
- π Cloobeck proposes declaring an affordability emergency and pausing the Coastal Commission and species act until legislation improves.
- π οΈ He suggests reopening insurance markets using the state's captive insurance model, similar to his business experience.
- π° 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
- π Cloobeck plans to launch the California Department of Performance and Results (CPR) to focus on tangible outcomes for the state.
- ποΈ Regarding housing, he advocates for pausing emergency orders and revisiting housing laws from the 80s and '90s, addressing permit costs and union/NIMBY weaponization.
- π³ He also calls for pausing the Endangered Species Act to address root causes and encourage deregulation for good business practices.
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34 entities
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Transcript27 segments
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Whatβs 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
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