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Speaker 1: Can't.

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Speaker 2: I am six forty.

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Speaker 3: You're listening to the John Cobelt podcast on the iHeartRadio app.

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Speaker 3: We are on every day from three to six and

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Speaker 3: then after six o'clock the podcast John Cobelt's show on

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Speaker 3: demand on the iHeart app. Do you remember we? We

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Speaker 3: on January twenty seventh ran a clip of doctor Oz.

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Speaker 3: He'd released a video. Now, Doctor Memet Oz is the administrator.

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Speaker 3: He runs the Center for Medicare and Medicaid Services. He's

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Speaker 3: a heart surgeon, quite accomplished. He had that successful TV

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Speaker 3: show as well. And Doctor Oz put out a video

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Speaker 3: saying he sees an incredible number of fake hospice care

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Speaker 3: facilities and a four block radius and Van Eyes I

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Speaker 3: believe it was around Van Nuys Boulevard Victory Boulevard. We're

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Speaker 3: going to play you that two minute clip again to

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Speaker 3: set this up, and then I'm going to tell you

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Speaker 3: a Gavin Newsom's response was at the time, there is

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Speaker 3: massive fraud here in California with these hospice care facilities.

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Speaker 3: But Newsom didn't address that. He took a different route.

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Speaker 3: Then I'm going to play you. CBS News reporter Adam

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Speaker 3: Yamaguchi he did a piece this week on Medicare hospice

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Speaker 3: fraud in California, and he found that Oz was absolutely correct. First,

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Speaker 3: let's play doctor ozis.

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Speaker 2: So you can see these are medical buildings.

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Speaker 4: They've got Crilick writing, Russian Armenian writing on both sides.

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Speaker 4: There's lots of action, it seems. I don't know how

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Speaker 4: many patients are getting care. But in this four block

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Speaker 4: area in Los Angeles there are forty two hospices. So

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Speaker 4: either there are a lot of people dying here, or

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Speaker 4: you've got a fraudulent activity that is so good that

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Speaker 4: everyone wants to get in on it in Los Angeles.

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Speaker 4: And this boarded up area above my head here is

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Speaker 4: a big hospice center. There apparently quite a few hospices

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Speaker 4: around here, forty two within a four block radius. And

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Speaker 4: these guys stole sixteen million dollars. And listen carefully. The

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Speaker 4: main guy went to jail for two years stealing sixteen

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Speaker 4: million dollars. It's a good trade off for a lot

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Speaker 4: of folks. And if you look at it, it's pretty

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Speaker 4: in the script. There wasn't anyone really in there. They

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Speaker 4: weren't doing any services. They just got an address they

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Speaker 4: could claim was a hospice and then they ran the

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Speaker 4: business claiming people were at home getting services which they

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Speaker 4: really weren't. What we have learned there's roughly three and

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Speaker 4: a half billion dollars of fraud taking place here in

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Speaker 4: Los Angeles in hospice and home care is run quite

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Speaker 4: a bit of it by the Russian Armenia in mafia.

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Speaker 4: You noticed the lettering and language behind me is that

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Speaker 4: dialect and it also highlights the fact that this is

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Speaker 4: an organized crime mafia deal where you've got folks who

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Speaker 4: are sustainedly recruited doctors to write false prescriptions. You know,

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Speaker 4: hundreds of doctors participating. They've got one hundred thousand patients

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Speaker 4: who they've tricked or paid to give them their beneficiary

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Speaker 4: numbers so they can perpetuate the fraud. And then the

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Speaker 4: criminals are just bringing the whole organization and quickly scurrying

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Speaker 4: away when law enforcement does get around to prosecuting them. Unfortunately,

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Speaker 4: in California, there has not been a lot of attention

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Speaker 4: on these problems. That's going to change. The US Attorney,

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Speaker 4: the FBI, everyone's now focused on the fact that in

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Speaker 4: this state, which has about thirty billion dollars worth of

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Speaker 4: home and community based services. Most of it might be fraudulent.

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Speaker 4: Those are big numbers, and we're taking it seriously. President's

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Speaker 4: not going to tolerate this anymore.

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Speaker 3: That's doctor Oz in Van Nys. Newsom's response was to

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Speaker 3: file a civil rights complaint against doctor Oz for spewing

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Speaker 3: baseless and racially charged allegations by pointing out, these businesses

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Speaker 3: seem to be largely Russian and Armenian mafia stealingllions, perhaps

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Speaker 3: billions of dollars.

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Speaker 2: That's his response. So what's the truth.

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Speaker 3: Well, CBS News reporter Adam Yamaguchi did a report this

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Speaker 3: week on Medicare hospice fraud in Van Nys. Listen to

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Speaker 3: what he discovers.

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Speaker 5: Sixty nine year old doctor Lynn IONI just ran me

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Speaker 5: up and down the pickleball court two years ago. She was,

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Speaker 5: according to Medicare records, dying in hospice care.

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Speaker 6: I was in treatment as physical therapy simply because I

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Speaker 6: had had a kind of an injury on the pickleball court.

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Speaker 6: The administrator at the office was like, they're not going

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Speaker 6: to pay any of your claims, and I was shocked.

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Speaker 6: They said, you're in hospice and I said, what what

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Speaker 6: are you talking?

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Speaker 3: About Are you kidding meet?

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Speaker 6: Do I look like I'm not?

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Speaker 5: She was, no, No, I know you. Ionie's Medicare number

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Speaker 5: had been stolen and used by company to fraudulently enroll

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Speaker 5: her in hospice care, which she obviously didn't need. That

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Speaker 5: ment IONI had no coverage and no easy way of

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Speaker 5: getting unenrolled from hospice. Obviously this was a major household.

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Speaker 5: Lots of phone calls, lots of paperwork. What were the

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Speaker 5: medical consequences?

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Speaker 2: I was terrified.

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Speaker 6: I mean, you know, something can happen. That's why you

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Speaker 6: have health insurance of any kind. And just to thank you,

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Speaker 6: literally without coverage because of some ridiculous, fraudulent thing.

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Speaker 5: My name is Adam Yamagucham with CBS News. A CBS

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Speaker 5: News investigation found an industry ripe for fraud, especially in California.

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Speaker 5: Company is accused of overbilling real patients denied care and

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Speaker 5: it's costing hundreds of millions of taxpayer dollars. The hospice

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Speaker 5: IONI was fraudulently enrolled in. It's called Fortuna. When we called,

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Speaker 5: no one answered.

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Speaker 6: The mailbox is pool. I cannot accept any messages through

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Speaker 6: grip time.

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Speaker 5: The state of California increased monitoring of the hospice industry

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Speaker 5: four years ago, identifying the hallmarks of fraud. Fortuna has

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Speaker 5: two of them, and it's hardly alone. CBS News analyzed

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Speaker 5: every hospice licensed in La County, more than seventeen hundred,

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Speaker 5: and checked for the same morning signs the state used,

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Speaker 5: like multiple hospices packed into one building, or caregivers whose

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Speaker 5: patients supposedly at death store are discharged alive. Three years

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Speaker 5: after the state crackdown, which included a moratorium on new

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Speaker 5: hospice licenses, our investigation found more than forty percent of

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Speaker 5: agencies still show at least three of these state defined

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Speaker 5: indicators of potential fraud. So Victory Boulevard seems to be

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Speaker 5: a hotbed of you.

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Speaker 3: Can't throw a rock without hitting a hospice.

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Speaker 5: Sheila Clark, a hospice patient advocate, took us to what

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Speaker 5: she described as the ground zero for hospice fraud, a

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Speaker 5: three mile stretch of Los Angeles that's home to nearly

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Speaker 5: five hundred hospice company offices. There's one hospice here that

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Speaker 5: hits all six of California's red flags of possible fraud.

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Speaker 1: Well, there's a hospice there.

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Speaker 5: Legal office, yea with a ton of mail. Just look

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Speaker 5: at this. This agency hit every fraud indicator in our analysis,

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Speaker 5: and build medicare roughly forty nine thousand dollars per patient,

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Speaker 5: about three and a half times the national average.

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Speaker 6: They need their curative treatment, they need their their you know,

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Speaker 6: they just they need to be taken care of.

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Speaker 3: They need to know that they can get what they

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Speaker 3: need when they need it, not hit a roadblock because

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Speaker 3: somebody's scammed them.

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Speaker 5: The number you downed is not in service, Clark tells

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Speaker 5: us when offices like these close abruptly, it's real patients

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Speaker 5: in desperate need who pay the price.

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Speaker 2: How does that make you feel?

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Speaker 5: As somebody who deals with patients who need this.

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Speaker 1: Sad, really sad, because I talk to them every day.

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Speaker 3: I'm sorry, I can't.

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Speaker 5: I wonder how they can go for a full year

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Speaker 5: and still not have their license revoked. Is that is

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Speaker 5: that a systemic failure?

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Speaker 3: We need to be responsive to that step stop right here,

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Speaker 3: react to just this is Rob Bonta, the attorney general

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Speaker 3: that he's talking to here. Listen to the weak response

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Speaker 3: from Bonta, So just roll it back a bit.

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Speaker 5: I wonder how they can go for a full year

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Speaker 5: and still not have their license revoked. Is that a

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Speaker 5: systemic failure?

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Speaker 7: We need to be responsive to their red flags and

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Speaker 7: react to them, not just count them, but do something,

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Speaker 7: take action. Our mainland is the accountability side, the criminal investigations,

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Speaker 7: civil investigations, that's after that damage is done.

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Speaker 5: Though unfortunately, State Attorney General Rob Bonta says his office

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Speaker 5: has brought hospice fraud criminal cases against one hundred and

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Speaker 5: nine defendants at about two dozen civil cases. What would

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Speaker 5: you say to citizens who are throwing up their hands

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Speaker 5: and saying how long is this going to persist? Is

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Speaker 5: my government doing anything to protect my tax payer dollars?

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Speaker 2: Again?

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Speaker 7: I share it. I have the frustration. So to the

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Speaker 7: citizens that remain frustrated, I understand. I share your frustration.

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Speaker 7: Please know that we have increased our efforts. We're working

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Speaker 7: over time on prevention and on accountability, and we will

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Speaker 7: continue until hospice fraud in California is rooted out.

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Speaker 5: CBS News reached out to the almost sixty hospices that

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Speaker 5: have five or more flags. Many numbers were disconnected or

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Speaker 5: went straight to voicemail representatives that some others denied any

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Speaker 5: fraud and said they run legitimate hospices with real patients.

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Speaker 5: Back in Van Eys, we tried the hospice right next

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Speaker 5: door to VML. We knocked, then called during the posted

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Speaker 5: business hours. You can't believe the message because the person

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Speaker 5: who called at the point a lot. You can't get

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Speaker 5: set up yet. Wow, we couldn't reach anyone and we'd

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Speaker 5: soon realize these operations may be connected, part of what

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Speaker 5: advocates describe as a web of hospice agencies that come

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Speaker 5: and go but continue submitting a steady stream of bills

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Speaker 5: to taxpayers, whether the patients are dying or like Iani,

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Speaker 5: are still out playing pickaball.

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Speaker 2: You believe this?

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Speaker 3: Did you hear Rob Bonta? Oh, I share the frustrations.

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Speaker 3: I have frustrations. Yeah, we need to do something about this.

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Speaker 2: He didn't know.

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Speaker 3: Some have been in office, they're in their eighth year,

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Speaker 3: seven and a half years, and it seems while they

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Speaker 3: closed some hospices a few years ago, many many more

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Speaker 3: have opened up. And there's hundreds of millions of dollars

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Speaker 3: in our Medicare tax money going down the toilet to

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Speaker 3: these criminals who don't even have a phone, They don't

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Speaker 3: even have an office.

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Speaker 2: They don't have any employees answering the door. We'll talk

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Speaker 2: more about this coming up.

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Speaker 8: You're listening to John Cobelt on demand from KFI AM

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Speaker 8: six forty.

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Speaker 3: You know, having a psychopath narcissist as governor is fascinating,

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Speaker 3: especially since he's constantly communicating. We played you the clip

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Speaker 3: of doctor Oz from January going around Van Nys and

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Speaker 3: counting forty two hospice care facilities in four blocks, saying

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Speaker 3: there's massive fraud going on and there's many millions of

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Speaker 3: dollars being defrauded from Medicare, and Gavin Newsom's only response

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Speaker 3: was to say he's filing a civil rights complaint against

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Speaker 3: doctor Oz because Oz had noticed it was Russian and

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Speaker 3: Armenian writing on the business signs on the storefronts where

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Speaker 3: all the hospice fraud was going on. And this is

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Speaker 3: what a psychopathic narcissist does, is they deflect and change

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Speaker 3: the subject. Because Newson didn't know about these hundreds and

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Speaker 3: hundreds of fraudulent hospices. He didn't know, and then he said,

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Speaker 3: well we closed some, yeah, five years ago you did,

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Speaker 3: but they all came back and then some We just

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Speaker 3: played a report from CBS News Adam Yamagucci on rampant

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Speaker 3: Medicare hospice fraud here in Los Angeles on Victory Boulevard,

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Speaker 3: same place, and doctor Oz was right. Everything he said

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Speaker 3: was true. CBS has backed it up with their own

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Speaker 3: separate report, and three years ago, California State Auditor said

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Speaker 3: La County had seen a one thousand, five hundred percent

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Speaker 3: increase in hospice companies in the last fifteen years, six

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Speaker 3: times the national average compared to the elderly population.

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Speaker 2: We have.

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Speaker 3: This is more CBS News coverage because they did a

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Speaker 3: print version of the story and they added extra CBS

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Speaker 3: News analysis reveals that over seven hundred of the eighteen

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Speaker 3: hundred hospices in LA County trigger multiple red flags for

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Speaker 3: fraud as defined by the state. Yeah, forty percent are

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Speaker 3: crooked and stealing money and have been for years. And

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Speaker 3: you heard Rob Bonta when he was approached by Adamy Almagucci. Well, yeah,

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Speaker 3: we need to do something, you know. I share the frustration.

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Speaker 3: I have frustration.

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Speaker 2: What an empty suit he is? What I mean?

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Speaker 3: I mean, I don't know below or above Newsom's ninety

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Speaker 3: three IQ tough call there, it's close. I don't know.

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Speaker 3: I don't know if he's below the Newsome line, maybe not.

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Speaker 3: Using state licensing records, CBS News found seventy five people

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Speaker 3: simultaneously employed at five or more hospice companies in La County.

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Speaker 3: Seventy five. In the most extreme case, a single medical

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Speaker 3: director has been listed as working simultaneously at forty five

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Speaker 3: different hospices. Forty five different hospices. State audit said a

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Speaker 3: medical director's responsibility are so great it would be difficult

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Speaker 3: to hold.

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Speaker 2: That many positions.

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Speaker 3: Each position is twenty to forty hours a week, so

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Speaker 3: you couldn't run more than two or three at a time.

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Speaker 3: You couldn't run forty five. All fraud and it's phony patience.

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Speaker 3: There's no hospice care going on.

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Speaker 2: The buildings are.

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Speaker 3: Empty, and Newsom's only response to this day is I'm

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Speaker 3: filing a civil rights complaint. He insulted the Armenians. He

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Speaker 3: is a toddler, he's insane. He has the one of

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Speaker 3: the aspects of a psychopath is he has no sense

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Speaker 3: of embarrassment, no sense of shame, no compassion, denies everything,

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Speaker 3: lies about everything, changes the subject about everything, babbles incoherently,

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Speaker 3: and thinks nobody's caught on to him. Everybody's caught on

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Speaker 3: to him. You know what his approval rating is around

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Speaker 3: the country, get in here. It's twenty seven percent. Gavin Newsom,

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Speaker 3: Karen Bass is twenty four percent in La Gavin Newsom

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Speaker 3: is twenty seven percent around the nation. There'll be no

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Speaker 3: President Newsom and on Spencer to get it going, and

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Speaker 3: there'll be no Mayor Bass anymore. We need a new

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Speaker 3: era here if we cannot have this anymore. We cannot

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Speaker 3: have this anymore. This has got to stop, This has

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Speaker 3: got to end. This, this is mental illness. We've got

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Speaker 3: more coming up. Oh, I got to play a clip

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Speaker 3: from Doug Bergham, he's the Secretary of the Interior for Trump.

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Speaker 3: He gave you some a good shot. I'm just collecting these.

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Speaker 3: It's about the high gas prices in California. Oh, I'll

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Speaker 3: mention the I'll go through the high gas prices too.

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Speaker 3: We're really like two bucks higher than most of the states.

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Speaker 8: You're listening to John Cobel's on demand from KFI A six.

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Speaker 3: All right, big announcement. Spencer Pratt running from Mayor of

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Speaker 3: Los Angeles. He'll be here in studio tomorrow at three o'clock,

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Speaker 3: Live in studio Spencer Pratt. If you haven't heard, Karen

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Speaker 3: Bass got a disastrous poll. Her approval rating twenty four percent.

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Speaker 3: Only nineteen percent of the public wants to vote for her.

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Speaker 3: Spencer Pratt is at ten and fifty one percent undecided.

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Speaker 3: There's fifty one percent who look at Karen Bass and says,

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Speaker 3: is there somebody else? There's Spencer Pratt. We're gonna have

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Speaker 3: him on at three o'clock. Everything he has said publicly

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Speaker 3: about what's gone on over the last year and a half,

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Speaker 3: a year and a half, he's dead on. He's absolutely right.

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Speaker 3: From Bass being in Africa, the bad fire response, the

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Speaker 3: defunded fire department, the defunded police department, the crazed homeless

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Speaker 3: people running around in the street, billions of dollars wasted,

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Speaker 3: He's right on all of it. So Spencer Pratt three

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Speaker 3: o'clock live in studio tomorrow and we got to put

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Speaker 3: an end to Bass's political career. Twenty four percent approval rating,

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Speaker 3: only nineteen percent want to vote for her. Everybody's crying

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Speaker 3: out for an alternative, and he's going to be it.

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Speaker 3: And then the other guy, Newsome, what do we got

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Speaker 3: today when it comes to gas prices. Let's see the

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Speaker 3: national average is three point fifty seven. Okay, let me

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Speaker 3: screw all the way down to the most expensive state.

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Speaker 3: This is the triple A gas site. Uh five thirty three, yeah,

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Speaker 3: I five thirty three would be great. The station I

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Speaker 3: stop at down the block at Burbank here is five

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Speaker 3: seventy nine.

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Speaker 2: Maybe you need to go to a different station.

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Speaker 3: I think I need to go to a different station.

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Speaker 3: Five seventy nine down the block. Five thirty three is

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Speaker 3: the average in Kansas. It's three dollars. Still, at what

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Speaker 3: point is it worth driving to Kansas and pilling up?

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Speaker 2: And I think we need a carpool? Oh, actually we can't.

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Speaker 2: Our hours are different.

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Speaker 3: Oh yeah, well maybe you can get a waiver so

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Speaker 3: we can. We can collect gas. We can fill gas

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Speaker 3: canisters with you should have brought them back from Arizona.

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Speaker 2: Yeah, I know.

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Speaker 3: Well I didn't drive this year. Texas is three twenty four. Yeah,

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Speaker 3: wouldn't want to move to a red state three twenty four.

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Speaker 2: There, huh wow, look at that.

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Speaker 3: Oh no, but as you know, there's a lot of

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Speaker 3: blue states, a lot of liberal states that have much

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Speaker 3: cheaper gas. Jersey's only three forty nine. That's below the

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Speaker 3: national average. Three point fifty in New York. That's below

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Speaker 3: the national average. How about that? And then incredible, New

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Speaker 3: York and New Jersey among the highest tax states in

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Speaker 3: the nation, and they're below the national average. That's how

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Speaker 3: bad we are. Let me see, where's Florida? Oh man,

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Speaker 3: I read today about how many how many billionaires? I

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Speaker 3: didn't get to that story maybe another day. Billionaires are

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Speaker 3: fleeing California, says The New York Times, going to Florida

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Speaker 3: for all though, because they're not going to pay the

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Speaker 3: billionaire tax for all. The people go, oh, they're not

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Speaker 3: going to leave. The weather's too good. I have a

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Speaker 3: place in Florida too. The weather's great there. They are

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Speaker 3: going to leave. Oh Hawaii is oh Hawaii? Okay, They're

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Speaker 3: what twenty five hundred miles out in the ocean. Their

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Speaker 3: gas price is four sixty nine. We're at five thirty three.

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Speaker 3: We're at five thirty three. They're four to sixty nine.

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Speaker 3: National averages three fifty seven. This is all just absurdly crazy.

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Speaker 3: So Doug Bergham, he was the former North Dakota governor.

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Speaker 3: He's a billionaire too. He's really smart, very successful. He

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Speaker 3: ran for president for a time and Doug Bergham was

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Speaker 3: named Interior Secretary by the by Donald Trump.

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Speaker 2: Listen to him, lector Gavin Newsom, his gas is over

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Speaker 2: seven dollars a gallon.

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Speaker 1: What do you say to him, Well, wow, that is

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Speaker 1: something coming from California because of courus under Gavin Newsom.

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Speaker 1: The California used to have forty refineries, now they have eight.

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Speaker 1: Two more are closing. They're going to be down to

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Speaker 1: with Chevron Valero closing. California is the most energy dependent

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Speaker 1: state in America. Sixty three percent of their oil gets imported.

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Speaker 1: Now they're going to be importing refined product into San

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Speaker 1: Francisco Bay and into Long Beach every day just to

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Speaker 1: keep their fleet. They have the largest number of internal

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Speaker 1: combustion cars in America in California, and more than any

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Speaker 1: other state even has vehicles, And of course they've been

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Speaker 1: trying to eliminate those and doing that, which then puts

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Speaker 1: US dependent on China. I mean, their energy policies are

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Speaker 1: as crazy as Europe, and part of the reason why

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Speaker 1: their prices are so high is they've restricted supply and

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Speaker 1: killed their own economy.

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Speaker 3: Yep, killed their own economy. That's why we have the

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Speaker 3: highest unemployment rate the highest inflation rate, the highest poverty rate,

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Speaker 3: the worst business climate. In fact, there was another business

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Speaker 3: that was leaving today I heard, I can't remember another

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Speaker 3: big name. Yeah, do you know it? Also the military,

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Speaker 3: because California has more military bases and personnel than any

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Speaker 3: other state.

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Speaker 2: They have.

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Speaker 3: They have at least thirty two major military installations. And

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Speaker 3: and and they they if we have a shortage of gas,

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Speaker 3: because now we're importing gas from all over the globe,

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Speaker 3: it actually affects our military capability. Here if Newsom, Newsom

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Speaker 3: should suspend all state gas taxes right now. Knock seventy

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Speaker 3: one cents off the price of gas, that's what he

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Speaker 3: should do. He's blaming Trump for the Iran war. Great,

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Speaker 3: knock off seventy one cents. Suspend the gas taxes, by

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Speaker 3: the way, after the war is over and means Iron's

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Speaker 3: now going to have a nuclear weapon to fire at US.

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Speaker 3: I mean, I mean, say, everybody's sick of this. The

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Speaker 3: hell are we paying? And there is seven dollar gas

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Speaker 3: at some stations. Go downtown to LA said, seven dollars gas.

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Speaker 3: Why do people live like this? We don't have to

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Speaker 3: live like this. They burn a big chunk of Los

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Speaker 3: Angeles they didn't have a fire department. Ready, we don't

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Speaker 3: have a police department to stop the riding that went

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Speaker 3: on over the weekend in downtown LA. They're busting into

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Speaker 3: high end apartment complexes.

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Speaker 2: The holl's going on. Enough enough, We're coming up.

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Speaker 8: You're listening to John Cobels on demand from KFI A sixty.

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Speaker 3: We aren't every day from three to six oh and

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Speaker 3: tomorrow three Right at the start of the show, Spencer

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Speaker 3: Pratt Live in studio, Spencer Pratt running from Mari of

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Speaker 3: Los Angeles.

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Speaker 2: Poll is out.

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Speaker 3: Karen Bass only gets nineteen percent support in the poll,

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Speaker 3: only nineteen percent. Spencer Pratt's at ten and fifty one

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Speaker 3: percent undecided, so he can take it fifty one percent.

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Speaker 3: They look at Bass, they've lived with her four years

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Speaker 3: and go, uh uh, got to be somebody else. Well,

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Speaker 3: Spencer Pratt's the only one who can do it. And

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Speaker 3: we'll have him on for an hour, live in studio tomorrow.

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Speaker 3: Oh and is her approval rating here in LA twenty

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Speaker 3: four percent according to Emerson Polling twenty four percent. That

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Speaker 3: is one of the worst scores I've ever seen. I

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Speaker 3: don't think anybody in history has ever had a twenty

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Speaker 3: four percent of approval rating and nineteen percent support in

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Speaker 3: the polls and gone on to win. But you need

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Speaker 3: an opponent, so got to pick one opponent here the

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Speaker 3: communist Nathia Rahman is behind Pratt.

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Speaker 2: We'll talk to him tomorrow. All right. Couple of loose ends.

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Speaker 3: I mentioned that a big company left California, Yamaha Motor Company,

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Speaker 3: moving the rest of its operation to Georgia. It's selling

400
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Speaker 3: its California assets after forty seven years. It's selling all

401
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Speaker 3: its land and offices and warehouses, everything in California. They

402
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Speaker 3: were based in Cyprus since nineteen seventy nine. They're going

403
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Speaker 3: to move to Kennesaw, Georgia at the end of the

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Speaker 3: year and complete the moving process by the end of

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Speaker 3: twenty twenty eight. Marine and Motorsports. How about that they

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Speaker 3: have a twenty five acre Cypress property. They're getting out.

407
00:24:40,640 --> 00:24:43,919
Speaker 3: They said, can't make profit here, need to cut costs,

408
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Speaker 3: can't do business here. And it was the New York Times. No,

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Speaker 3: it's the LA Times. Oh yes, because it was their

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Speaker 3: top story today.

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Speaker 2: La Times.

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Speaker 3: Inside the exodus of California tech billionaire to Florida. The

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Speaker 3: stupid asses who run these state employee unions. One of

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Speaker 3: them is the SEIU Service Employees International Union, and it's

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Speaker 3: also United Healthcare Workers. They want a one time five

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Speaker 3: percent tax on state billionaires all their wealth ed up everything,

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Speaker 3: their cash, their stocks, their bonds, their property, all of it.

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Speaker 3: Add it all up, we get five percent and billionaires agoing, no,

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Speaker 3: you know, it's not your money. And so they're getting

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Speaker 3: out and all these blockheads are going never move yet

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Speaker 3: will they're moving? Mark Zuckerberg, Larry Page from Google, Surgey

422
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Speaker 3: Brinn from Google rapidly buying up properties in Florida. California

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Speaker 3: is wealth tax, according to the La Times, driving unprecedented

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Speaker 3: demand for Florida luxury properties. It's reshaping South Florida's economy.

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Speaker 3: This is supposed to be on the ballot. It hasn't

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Speaker 3: even made the ballot yet for November, and already the

427
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Speaker 3: billionaires are fleeing. According to the La Times, all along

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Speaker 3: Florida's Gold Coast, from Palm Beach to Miami, luxury real

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Speaker 3: estate brokers began fielding a torrent of urgent calls from

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Speaker 3: tech executives and their associates. They want to see what

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Speaker 3: houses they could buy before the end of the year

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Speaker 3: to officially establish residents to preserve their wealth. Florida already

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Speaker 3: has one hundred and fifteen billionaires, no state income tax,

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00:26:36,480 --> 00:26:41,159
Speaker 3: pro business policies, and great weather. It has drawn an

435
00:26:41,240 --> 00:26:46,239
Speaker 3: unusually large number of the California tech moguls. Good and

436
00:26:46,320 --> 00:26:48,679
Speaker 3: you know how much You know how much money they

437
00:26:48,720 --> 00:26:51,080
Speaker 3: put into the treasury. The top one percent in the

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00:26:51,119 --> 00:26:54,160
Speaker 3: state pays forty percent of the income decks. So you're

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00:26:54,200 --> 00:26:59,800
Speaker 3: going to kiss a huge chunk. Goodbye, dumbasses, self dis

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00:27:00,000 --> 00:27:05,560
Speaker 3: deructive dumbasses. These union leaders unbelievable. It is not your money.

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00:27:05,560 --> 00:27:06,280
Speaker 3: You didn't earn it.

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00:27:06,320 --> 00:27:08,159
Speaker 2: Did you start Google? What did you do?

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00:27:09,600 --> 00:27:13,600
Speaker 3: United Healthcare workers? Let me guess? People who empty bedpads?

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00:27:14,840 --> 00:27:18,919
Speaker 3: And they're telling the head of Google, Oh you can't

445
00:27:19,960 --> 00:27:22,679
Speaker 3: the founder of Google, Oh no, we want your money.

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00:27:23,040 --> 00:27:23,680
Speaker 2: Yeah, I know you.

447
00:27:23,640 --> 00:27:29,400
Speaker 3: Started Google, but you know we empty bedpads. Okay, yeah,

448
00:27:29,520 --> 00:27:30,800
Speaker 3: well you can tell Zuckerberg.

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00:27:32,440 --> 00:27:34,399
Speaker 2: Did you do Facebook? You started Facebook?

450
00:27:34,560 --> 00:27:34,639
Speaker 5: No?

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00:27:34,720 --> 00:27:35,359
Speaker 2: I don't think so.

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00:27:36,680 --> 00:27:36,760
Speaker 5: No.

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00:27:37,480 --> 00:27:42,280
Speaker 3: I think you're mopping floors, which is fine work, noble work.

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00:27:42,480 --> 00:27:45,440
Speaker 3: You don't get to tell billionaires that you take their

455
00:27:45,520 --> 00:27:48,800
Speaker 3: money because you feel like it, because you're you're so jealous.

456
00:27:52,800 --> 00:27:57,080
Speaker 3: Pay pal palanteer Co founder, Peter Thiel. He's buying up properties,

457
00:27:57,160 --> 00:28:01,800
Speaker 3: venture capitalist Keith Reboi, Jeff Bezos.

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00:28:03,040 --> 00:28:04,360
Speaker 2: Yeah, did you start Amazon?

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00:28:05,240 --> 00:28:05,320
Speaker 3: No?

460
00:28:05,440 --> 00:28:11,280
Speaker 2: I don't think you started Amazon? Right? Who else?

461
00:28:11,320 --> 00:28:16,280
Speaker 3: Oracles, Larry Ellison, They've all bought massive properties out of state.

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00:28:20,600 --> 00:28:23,200
Speaker 3: Andy Fang, co founder of door Dash. Yes, all these

463
00:28:23,240 --> 00:28:27,000
Speaker 3: losers that use DoorDash every day. Stupid wealth proposals like

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00:28:27,040 --> 00:28:29,600
Speaker 3: this make it irresponsible for me not to plan to

465
00:28:29,720 --> 00:28:33,400
Speaker 3: leave the state. Zuckerberg and his wife Priscilla Chan paid

466
00:28:33,400 --> 00:28:35,440
Speaker 3: one hundred and seventy million dollars for a two acre

467
00:28:35,640 --> 00:28:42,040
Speaker 3: estate near Miami Wells Fargo, leaving its wealth management division

468
00:28:42,040 --> 00:28:45,240
Speaker 3: moving from San Francisco to West Palm Beach. Pallanteer, the

469
00:28:45,320 --> 00:28:50,720
Speaker 3: AI software analytics giant, said it's moving to Miami. What

470
00:28:51,480 --> 00:28:53,840
Speaker 3: else do you want to know? So all we'll have

471
00:28:54,400 --> 00:29:01,120
Speaker 3: is stupid ass union workers left in the state. Okay,

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00:29:01,360 --> 00:29:05,080
Speaker 3: Spencer Pratt, Tomorrow at three, you be here, Okay, because

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00:29:05,080 --> 00:29:06,520
Speaker 3: we got it. We gotta, we gotta get rid of

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00:29:06,560 --> 00:29:08,880
Speaker 3: Karen Bass. That's the job for the next ten weeks

475
00:29:09,000 --> 00:29:12,480
Speaker 3: or sh Deborah Mark is already home.

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00:29:12,880 --> 00:29:15,000
Speaker 2: We've got Michael Krozer with the News and Conways.

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00:29:15,040 --> 00:29:18,640
Speaker 3: Next slide in the CAFI twenty four our newsroom. You've

478
00:29:18,680 --> 00:29:21,239
Speaker 3: been listening to The John Cobelt Show podcast. You can

479
00:29:21,240 --> 00:29:24,120
Speaker 3: always hear the show live on KFI AM six forty

480
00:29:24,160 --> 00:29:26,800
Speaker 3: from three to six pm every Monday through Friday, and

481
00:29:26,880 --> 00:29:30,720
Speaker 3: of course anytime on demand on the iHeartRadio app KFI

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00:29:31,040 --> 00:29:34,040
Speaker 3: Am six more stimulating talk