Episode Transcript
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Speaker 1 (00:00):
Remember a few months ago, right after the fire that
happened to Palisades, and Adam Carolla went up there and said,
here's what's going to happen. They're probably going to take
all these properties, and they're gonna do this, and they're
gonna do that. Well, let me tell you before we
watched the video by Adam Carolla, I'm going to read
you what phone call Grand Cardone. Just gon okay. Grand
Carton was contacted by FEMA and can confirm the Pacific
(00:20):
Palisades as a land grab. Democrats are burying the homeowners
in structural upgrade costs. The crazy part is three months ago,
Adam Carolla predicted the same exact thing that was going
to happen to La would steal the land. He was right.
California is a land grub. And by the way, before
I get into this next thing, I just want you
to see what Corolla said a few months ago and
what's allegedly starting to happen in California. Go ahead, Rob.
Speaker 2 (00:43):
And the other thing that people need to understand is
everything here is on septic. Nothing is on a city
sewer system. Every dwelling in Malibu has a separate septic system.
And these houses in front, many of them were built
in the forties and the fifth and the sixties, and
the codes were almost non existent. So they have septic
(01:04):
systems that are in place now that are completely unacceptable
in twenty twenty five when they rebuild, not that they'll
rebuild in twenty twenty five, twenty and fifty five. When
they rebuild, and they're going to have to update the
septic system, which means Coastal Commission, Ocean Sierra Club dig
it all out. And because of the proximity of the ocean,
they're gonna have to build sea walls so that erosion
(01:24):
won't take their septic system. So they're going to be
several million dollars into stuff that's buried in the ground,
a sea wall, not above the ground, but a seawall
that's in the ground so that the storm and the
erosion can't get to it. New septic system. I mean,
they may be three four five million dollars into it
before one piece of two by four is even put up.
In terms of framing the new house, do you know
(01:46):
how much bureaucracy, red tape and permits worth of nightmare
this is going to be because regardless of whatever the
mayor says, whatever the governor says about expediting this stuff.
A septic system is a septic system.
Speaker 1 (02:00):
Code is the code.
Speaker 2 (02:00):
The seawalls the seawall, and they're all going to have
to happen.
Speaker 1 (02:03):
Okay, Tom thoughts on this.
Speaker 3 (02:05):
I think he's right. I went through this earthquake nineteen
ninety four. I went up and I bought a house
in Northridge, and before I go, you to permit to
extend the kitchen, and I wanted to move one wall
and they said, we're not going to prove this unless
you put a sheer wall on your back of your house.
I said, what are you talking about. This house was
(02:26):
built like in nineteen sixty five. The foundation is still here.
It went through the earthquake in nineteen seventy one and
nineteen seventy three and nineteen ninety four, and I'm sitting
here in two thousand and four and they said, sorry, Pat.
They were waiting for the first person to do the upgrade,
and they did it. So they've been doing this all
over the place on saying oh, you need to do
the upgrades. Adam Krohler is right about this, and the
(02:49):
septic system is a system that you need and so
there will be reasonable things here. But he's pointing out
that all the stuff's going to be upgraded. Meanwhile, there's
other ways that Grant Cardon's about to point out where
they insist on upgrades that are designed to create expense,
so you'll abandon the land. Two different things. Adam Carolla
(03:11):
talking about old septic systems to be upgraded with new ones.
You want them to be safe. They're gonna need a
sea wall. They can't have the house of road and
fall down and have all that septic stuff go in
the ocean. But if they then say up on Palisades, well,
you people need to relevel this and bring it up.
And it's gonna add a couple million bucks. People with
more limited insurance who already got screwed because they were
(03:31):
under fair plan. They only gave them a maximum amount.
Those people guess what now they get to abandoned the
land and in California's gonna take it.
Speaker 4 (03:39):
And do you remember when the fires were still burning
and the Palisades literally smoke and ash, and Gavin Newsom
was standing in the middle of all those people and
he was talking about talking about the governor, and he
started doing that weird body snake movement about land surveyors.
They can't remember like he said it. He said it
right here.
Speaker 5 (03:59):
This is I'm I was just talking to Josh Green
and the governor of down in Hawaii. You had some
ideas around some land juice concerns he has around speculators
coming in buying up property and the likes.
Speaker 1 (04:12):
Or the states and the states.
Speaker 5 (04:14):
To move those things forward, and we'll be presenting those
in a matter of days, not just weeks.
Speaker 4 (04:18):
Yeah, talking about because Hawaii had the fires and everybody
there was complaining about you know, they're coming in and
buying the len He's saying it.
Speaker 1 (04:24):
Rob, Can you do me forever and go to chat
jibtween type in what is Senate Bill five forty nine?
What is Senate Bill five forty nine? What is Senate
Bill five forty nine?
Speaker 3 (04:33):
Calcarnia?
Speaker 1 (04:33):
Yeah, watch this Senate Bill five or specific to California
there it is, Yeah, Senabil five forty nine. They just
announced this and it's been now put on pause. This
will remove certain powers from Enhanced Infrastructure Financing District under
Second Neighborhood in field finance and transit improvements, notably the
ability to use sales and use tax revenue, and the
requirements for districts to be coterminous with the creating city
(04:58):
or country, by the way, with the county if you
go a little bit lower. The idea of this when
they announced it was for them to use a portion
of the area, establish a government resilient rebuilding authority that
could purchase fire damaged parcels in Pacific Palisades, then develop
(05:18):
a portion into low income or supporting housing objective address
to housing affordability and post fire rebuilding efforts in La County.
Let me explain this to you. The properties that were
the waterfront properties they proposed, why don't we take this
and turn some of it into low income The pushback
bill met with strong local opposition from residents who felt
(05:39):
it constituted a land grap citing the loss of property
rights and demographic change in the community. Over twenty three
thousand local signed objections and leaders like Pacific Palaces Residents
Associations voice deep concerns. As a result, that was put
on a pause in mid twenty twenty five to allow
for more community input and consultation. By the way, so
(05:59):
when you hear these things being said, it wasn't just
a theory, it was actually what they were trying to
do in California. And a lot of people are like,
what the hell are you talking about? What the hell
are you talking about? And you know, obviously, you know,
as they're going back and forth, I pull up the
numbers on permits because that's the one I always look at,
(06:19):
how fast permits are being given. As of July of
twenty twenty five, which is last month, the city of
La has received three hundred and eighty nine rebuilt permit
application tied to palisades. About eight percent of the estimated
forty seven hundred properties affected. One hundred and forty five
permits were approved, allowing homes to begin major repairs and reconstruction.
And then in the Altadena area only fifteen percent of
(06:40):
applications were approved. And this is an ongoing thing that's
going on right now. So again, to a lot of people,
they moved on. Life goes on. To the people that
were affected by the palisades, their life is still impact
about what happened there. The palisaates, Altadina goes They.
Speaker 3 (06:53):
Grow back to the top and look at what they
call it. Sometimes your government hides its corruption and plain sight.
It's called, right, the second neighborhood, infill finance and transit improvement.
What is the second neighborhood low income housing that they're
going to force on you after they steal your neighbor's land.
Speaker 1 (07:12):
Let's see what's gonna happen there, Adam.
Speaker 6 (07:13):
By the way, Adam Carolla, I just stay on him
for one second. What complete divergent career paths Jimmy Kimmel
and Adam Carolla have taken? Can we just highlight that
for a second. Do you remember twenty five years ago
these guys were the host and co host of The
Man Show, a show that lived on Comedy Central that
was famous for beer chugging and juggie dancing. And now
(07:36):
Jimmy Kimmel has gone completely left, shill of the left.
Adam Carolla has gone right and just keeping it real
and everything he said here just sort of capturing the
essence of what's going on in California very important. The
reason I bring that up is this, I would love
to see those two have a conversation.
Speaker 5 (07:52):
What do you think? What do you think?
Speaker 6 (07:54):
Apparently they're still friends, but apparently they don't talk politics
at all. Who do you think doesn't want.
Speaker 1 (08:01):
To talk about let me tell you what happened of
the two August twenty seventh at our property here, okay,
and a hangar at our property that we have in
four Law, our headquarters. We're holding a special networking opportunity.
A lot of you guys keep saying, Pat, I want
to come see the property. I want to come see
the property. Most people don't know this. We're building the
biggest footsalt field right now. That is three thousand feet
(08:25):
a square feet bigger than the biggest footsal field, the
traditional ones that you see. We're building one right now. Sky.
What's footsal field? It's anyways. The people that know, they know,
I don't understand. Yeah, no, listen. So we're building it here.
We're doing a bunch of different things on our property.
We want to give some other people an opportunity to
come and see the property and some of you guys,
I want to give you a tour when you come
(08:46):
down here. So here's what we're doing. August twenty seven.
Anybody that's about a Vault ticket that's going to the
Vault conference that's out of South Florida. You can be
from anywhere if you want to come participate, but specifically
for the people that are in Florida. If you bought
a ticket general, you're invited. Our team will give you
a You'll be able to network with others. Platinum and
(09:07):
executive ticket holders. You're gonna get a tour of the
entire property. Founder and Seal ticket holders. I'm gonna give
you a tour to property myself. I'm gonna show you
exactly everything that we're doing here. But you have to
be a ticket holder, and if you haven't bought the
tickets yet, you have to see what We're gonna have
our center car outside the Formula one that we bought
the nineteen eighty nine to one. We have a lot
(09:28):
of things. You'll see what we're doing behind closed doors.
This year's of All conference is going to be absolutely epic.
If you're somebody that's got big plans second half of you.
I keep telling this to people, do not go through
this year by yourself. This is the wars here to
go into twenty twenty six with I getting the strategies
that others are having by far the worst, whether it's AI,
(09:49):
human nature, real estate, insurance, finance, raising capital, networking with others, myself,
Tony Robbins, Martha Stroar, David Falk at the number one
business conference of the year. It teaches you what to
do when you leave. It's not like Rara motivation. Here's
how we do this three hundred page manual that will
be given to everybody. If you haven't yet bought your ticket,
go to the Wall Conference dot com buy your ticket.
(10:11):
Then Rob, if you can put the link below for
the people that have already bought a ticket because you
got a register, Because it's only for the first two hundred,
we're not doing it with a two thousand people showing
up here. First two hundred register, lock them that' said
each person that bought a ticket. You'll get to bring
one person with you see the tour, whether they have
a ticket or not. It's not a problem. But the
first two hundred register, you'll be able to come join us.
You just have to prove to us that you bought
(10:32):
a ticket on our team will verify that. Rob, what
is the link for them to go to register for this?
Is there a link that you.
Speaker 3 (10:37):
Have for it's actually pinned inside of the chat on YouTube?
Speaker 1 (10:41):
Okay, but is there a link for for people that
are only listening to audio like if it's in different places.
Speaker 3 (10:47):
Not that I'm aware of, I can find it well.
Speaker 1 (10:49):
I would say maybe send an email to inflo advt
dot com, send an email to infloadvt dot com and
they'll send back over to you. But if you don't,
it's a link on Spotify and on YouTube able to
get to it to learn what that is all about.
I'm looking forward to seeing many of you here. If
you enjoy this video, you want to watch more videos
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