December 29, 2025 • 33 mins
Hour 3 dives into explosive revelations surrounding a massive fraud scandal in Minnesota, where billions in taxpayer dollars were allegedly siphoned through fake nonprofits and childcare centers. Guest host John Kobylt from KFI Radio leads the discussion, joined by Joe Khalil of NewsNation, who provides the latest updates on the viral investigation that has captured national attention. A 42-minute video by independent journalist Nick Shirley, now surpassing 116 million views, exposed empty daycare facilities that received millions in state and federal funds—raising serious questions about oversight under Governor Tim Walz. The conversation highlights ongoing probes by the Minnesota legislature, the House Oversight Committee, and even DHS, which has launched door-to-door searches at suspected fraud sites. Beyond Minnesota, John shifts focus to California’s deepening crises under Governor Gavin Newsom. He outlines shocking statistics: California leads the nation in inflation, unemployment, homelessness, and tax burdens, including the highest income, gas, and sales taxes. Despite record spending, the state suffers from crumbling infrastructure, underperforming schools, and depleted public safety resources—issues compounded by sanctuary policies and billions spent on healthcare for illegal immigrants. John warns these policies could become a national flashpoint as Newsom positions himself for higher office, contrasting them with President Trump’s decisive border actions. The hour closes with a fiery critique of California’s proposed wealth tax targeting billionaires, which John argues would accelerate the exodus of high earners and devastate state revenue. He challenges progressive narratives demonizing innovators like Jeff Bezos and Elon Musk, emphasizing the economic consequences of punitive taxation. Key Topics Covered in Hour 3: • Minnesota daycare fraud scandal and Somali nonprofit schemes • Viral Nick Shirley investigation and its political fallout • DHS enforcement actions and congressional oversight • California’s economic decline: taxes, homelessness, and infrastructure failures • Illegal immigration costs and sanctuary state policies • Gavin Newsom’s healthcare spending and budget deficit • Proposed wealth tax and its impact on California’s future • Broader implications for national politics under President Trump’s administration
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome to today's edition of The Clay Travis and Buck
Sexton Show podcast.
Speaker 2 (00:04):
Welcome to The Clay Travis Buck Sexton Show, and I'm
John Cobelt from KFI Radio in Los Angeles, filling in
today and happy to do it. And I want to
thank Clay and Buck and everybody connected with the show
for letting me have this opportunity. And we're going to
keep rolling along here. We've talked a lot in the
(00:25):
first two hours about Gavin Newsom and the disaster that
California has become under his rule. Another disaster is Tim Waaltz,
the governor of Minnesota. And this story took years to build,
finally became a criminal case, a set of criminal cases,
(00:45):
just in the last year, and now is exploded sky
high because nobody can believe the extent of the fraud.
And you've probably heard it's the Somali immigrant community was
able to access billions and billions of dollars of tax
money and they created all kinds of fake nonprofits, fake charities.
(01:06):
These nonprofits are the scourge of the country. It's a
scourge here in California and in Minnesota. And yesterday, well
just over the weekend, I should say. Nick Shirley, a
young independent journalist, released a forty two minute tape where
in one day he went to a series of these
(01:28):
daycare centers that were funded by Minnesota tax payers. It
was one hundred and ten million dollars of funding, and
he showed that every single one of them were phoning.
Sometimes they were just signs outside a doorway on the
side of a lot of them were industrial buildings, warehouse
style buildings, windows blacked out, no employees, no children being
(01:51):
taken care of, and it's just boosted this story to
an even higher level. Joe Khalil from Newstation, which is
a great cable TV news operation, is coming on with
us now to tell us the latest. Joe, how are
you hey good?
Speaker 3 (02:07):
How are you doing?
Speaker 2 (02:08):
Good?
Speaker 3 (02:08):
To be with you?
Speaker 2 (02:09):
I'm all right, So what's going on? Ever since this
new video was released, it's got one hundred and sixteen
million views on x Yeah.
Speaker 3 (02:19):
It really made an impression, obviously, and I think, you know,
for those who may not have been paying attention before,
I think this recent video just added another layer to
some of the allegations that we've been reporting on that
several others have already been reporting on. And it got
the attention of the vice president, and they have the
I director and several other high profile officials. What's different
(02:42):
this time you referenced it here is this video particularly
focused on childcare centers. And if you go and watch
for those who haven't seen this video, this young independent
journalist essentially is going from childcare center to childcare center
and these places have individually gotten hundreds of thousands of dollars,
(03:04):
if not upwards of one million dollars each every single
year in Minnesota tax payer money. And you go there,
this guy goes there and each one he can't find
any children. There are no hallmarks of what you would
expect at a childcare center. You know, you think of
playscapes or things like that. Outside There's none of that.
(03:26):
So you know, the question becomes, are these actual legit
childcare centers or you know, are these fronts for fraud?
So that's the newest iteration of it, and again getting
a ton of attention. Beyond that, you know, there have
been already credible allegations and many actual prosecutions proven fraud
where he had like hundreds of millions of dollars, some
(03:47):
of it back in COVID that were supposed to go
for food assistance for needy people in Minnesota that was diverted.
In other cases it was medicaid fraud that has been
prosecuted under thisdministration. And we shall also mention our finness
too that there were you know, several dozen people within
the Somali community prosecuted, investigated, tried under the Biden administrations
(04:12):
Department of Justice and FBI as well. So you know
these allegations, these stories are not brand new. Some of
them go back again to COVID and people had been
held accountable in twenty one, twenty twenty two. But right
now what we're seeing is a continuation of it. And
I think Governor Tim Walls all of this has happened
under his administration. He's obviously going to have to answer
(04:33):
for this at some point.
Speaker 2 (04:36):
This is indefensible, though I can't imagine that he I'm
sure he'll make a lot of sputtering noises, but there's
no way to deny this existence because what they surely
did is showed you the daycare centers and showed that
the buildings were empty and there was no playground equipment,
and that there were no kids and there were no workers.
(04:58):
There were simply signs in a lot of the cases
with locked doors.
Speaker 3 (05:02):
Yeah, I mean yeah. And you know what what the
governor's office has told us is that he is aware
of this stuff, that he has been investigating it, and that,
in fact, one of the child centers that was featured
in the video had actually already been shut down under
Tim Wall's administration. I don't think that that fully accounts
(05:23):
for the fact that this allegedly has been happening for
several years now and has continued to happen and even now.
I mean, if one of those centers was closed because
of fraud, that's that's wonderful. But there are still several
others that have been shown in that video that seemingly
are operational, that have been getting millions and millions of dollars,
you know, on an annual basis in Minnesota state funds.
(05:47):
Those are taxpayer dollars. So you know what we're seeing
right now is the state legislature is doing investigations into that,
trying to rein in some of that fraud. We're seeing
here in Congress from DC where I'm at, the House
Oversight Committee says they're going to take this off. The
chairman James Comer says they may even bring in officials
from Minnesota and subpoena them and do investigations, potentially do
(06:10):
depositions with these folks. So you know, there there is
some action now that seemingly is happening now that probably
should have been recognized and should have been happening more
than it was. You know, even in the earlier stages
of this.
Speaker 2 (06:23):
There's something comical about this though. I mean, nine billion
dollars out the door and suddenly it's like, well, we
had no idea, We're shocked. This is outrageous. Didn't any
Minnesota employees ever visit a child care facility? I mean,
we're talking about one of these licensed for ninety nine kids.
Don't you send an inspector there, you know, a child
(06:44):
services worker just to make sure that the kids are
all healthy and they're not being beaten and they're being
fed to decent food. I mean, isn't that routine for
the government employees to provide on the scene oversight? And
they were to have learned immediately because the doors were all
locked and the windows were blacked out.
Speaker 3 (07:02):
Yeah, that's the big The big question is the how right?
That's the big question. How did this happen for so
long and seemingly fly under the radar? How long have
these schools been open? That's a question that the new
video even did not answer. That we're trying to look
into at NewsNation ourselves. You know, how for so long
(07:23):
was was no one aware that these these centers were
opening and we're we're getting funneled taxpayer dollars when they
again seemingly allegedly you know, we're a front for some
kind of fraud allegation. And again I go back to
the fact that you know, the COVID era schemes, many
of them were uncovered and were and you had seventy
(07:44):
eight people that were investigated and prosecuted and indicted under
the Biden DOJ. Presumably at that point state officials might
have had their their you know, ears perk up a
bit and say, okay, maybe we need to also, you know,
look at I don't know some of the other allegations
of fraud. It's not that there has been silence there.
(08:06):
There have been people reportedly at least over the last year,
that have been really raising questions about some of these
childcare centers. And and for whatever reason, only one that
that we know about has been sort of you know,
cracked down and closed and the others are open. So
how has this been going on for so long? And
there have been signs obviously, and and the ny.
Speaker 2 (08:29):
Irony is though that there wasn't anything to shut down
or there was nothing to close, right because it was empty,
without employees and without children. It was it was just
storefronts and addresses. I guess, uh that was you know,
the address was on the forum, so you knew where
to send the check.
Speaker 3 (08:47):
Yeah, I mean, and if you open a business, you
open in a childcare center, you have to license it
with the states. So you know, it's not as if
the state doesn't know, you know, where these places are
or the names of them or the owners.
Speaker 2 (08:59):
You know.
Speaker 3 (08:59):
Again, all of that is very well publicly documented, so
you know it is at some point there's got to
the accountability. Again. We did get a response from the
governor's office that he said, well, we are cracking down
on this, but it just seems like there's been a
lot of it's going on and very few of these
places have actually gotten the accountability that you would hope.
Speaker 2 (09:22):
All right, Joe, thanks for coming on with us, of course,
good to be with you, Joe Khalil with the News
Nation cable TV news channel on your system. I really
you should really look at Nick Shirley's video. This is
a case where people read news stories and this was
(09:42):
covered maybe in Minnesota some but it was just the
New York Times maybe two weeks ago, three weeks ago
that did a front page story and it finally blew
up international attention. But I have noticed the way people
process stories. A print story doesn't have earthshaking effect. It does,
you know inside Washington and New York City in those circles,
(10:05):
political circles, media circles. But to get the whole country
to notice, there has to be some visuals. And with
one hundred and sixteen million people watching Nick Shirley's video,
you realize that is like super Bowl sized numbers that
he got with a forty two minute video. And it
was shot I guess, with his iPhone. And there's no staff.
(10:28):
I mean, there's no CBS or NBC network, no CNN,
no New York Times. It's one guy, I think, with
a selfie stick pointing a camera as he's doing these interviews.
And he had another man with him who had done
a lot of the legwork to get the records from
the state government website. And if I could, I'm trying
to think of his name. First name was Dave. So
(10:50):
he was an older, gray haired guy, and Dave was
obsessed with digging up the records on the internet. And
so you were able to follow in the video how
much each of these child care sites received from the government.
And then they started interviewing random people who occasionally would
walk in and out. I'll tell you more about that
(11:11):
when we come back, because it was some of this
stuff was funny because there was run ins with these
little Somalian immigrant ladies who I guess had jobs there,
and they really freaked out when Nick Shirley started asking questions.
We'll continue. John Cobelt from CAMFI Radio, filling in today
(11:33):
on the Clay Travis and Buck Sexton Show. Barry more
of the Clay Travis and Buck Sexton Show. John Coblt
filling in today from CAMFI Radio in Los Angeles, and
we were just talking with Joe Corleil from NewsNation, a
(11:54):
reporter there on the Minnesota scandal involving the billions of
dollars that were stolen by these Somali migrants in these
nonprofit organizations. It took the money for childcare centers to
feed children, and none of these programs existed. I was
(12:17):
just looking, Oh, well, let me tell you about this
headline first, because this just came out. I don't want
to New York Post has it on their front page.
Department of Homeland Security announced they're launching door to door
searches for legal aliens at fraud sites in Minneapolis. It
just started this morning. DHS on the ground in Minneapolis
(12:42):
going door to door, according to a post on x
by DHS, and it showed a video of two agents
entering the Nicolat Tobacco and vape shop in Burnsville, seventeen
miles south of Minneapolis. And Homeland Security also wrote that
the American people deserve answers on how their tax money
(13:04):
is being used and arrests when abuse is found. And
if you haven't seen it, one hundred and sixteen million
people have already watched this local young journalist named Nick Shirley,
who just in an afternoon walking around with another local man,
they found all these empty childcare centers that collectively were
(13:26):
taking one hundred and ten million dollars in government money,
many of it federal government money and absolutely nobody there.
What they would run into is occasionally some Somali migrant women.
I wouldn't call them employees. I don't know who they were,
but some of them were inside the empty offices. They
(13:50):
didn't they weren't doing any work. But maybe they were,
you know, collecting the money of filling out paperwork. I'm
not sure. But they were dressed in traditional Somali garb,
and they would become enraged when Nick and Dave would
approach them and ask them questions and just start screaming
at them, like hysterically. And another person screaming at him
(14:15):
was a white woman with severe looking with those heavy,
dark rimmed glasses, and she showed up with her phone.
And don't you love the way people use their phones
as weapons. They try to intimidate you and frighten you
by pointing a camera at you. And I've never understood
that because Nick and Dave weren't doing anything. They were
(14:37):
standing out. They weren't even they weren't on the property,
they weren't inside somebody's office. They were standing in a
parking lot. And she's screaming, Ice, Ice, I mean, she's screeching,
don't let them in. Don't let them in. I said, yeah,
I have some crazy woman. It's amazing how many mentally
deranged people are walking around. How they got aware of
(14:58):
what Nick was doing? I don't know, but I marvel.
I mean, if we even in its desiccated state, we
added up all the employees of all the major networks,
all the local stations in Minneapolis, all the major newspapers, magazines,
internet news sites, everything, and you stacked up their budget
and the number of employees and all the resources they have.
(15:19):
And then look at Nick, Shirley and Dave and their
selfie stick camera and a little tiny toy microphone he
was holding. What do people do all day at all
these newspapers and television stations? What do they do? And
it shows you the tremendous amount of not just bias,
(15:42):
but intentional lack of reporting. This is the biggest story
that Minnesota's had in a long time, with a governor
who was running from vice president, and it had been
going on for years, and people were afraid that if
you investigate Somali's you'd be called racist. That's the beginning
(16:03):
and end of the story. That's what the fear was.
They'd be called racist, so there was no coverage being done.
All right, we got more coming up. I'm gonna do
one more rundown of all the worst, all the categories
where California is the highest the most are the worst,
and they're all bad categories. That continues on the Klay
Travis and Buck Sexton Show on John co Belt.
Speaker 1 (16:34):
Clay Travis with the Clay and Buck Show, wishing you
and your family of very merry Christmas and happy New Year.
Buck Sexton Here, the entire Clayan Buck Show wish you
and your family a warm Christmas season and a joyful
New Year.
Speaker 4 (16:48):
Hello John, this is Ron from Mesa, Arizona. I heard
your name on the radio this morning and I text
saying John Cobelt co Belt co Belt, and I remembered
I left California in twenty fourteen to come to Arizona
to help my mother.
Speaker 2 (17:04):
And you were my daily fix.
Speaker 4 (17:08):
And after I got here and saw the prices, I
never went back to California.
Speaker 2 (17:13):
I miss it. I really do. Oh thank you, Ron. Yes,
we have a lot of California refugees around the around
the country. We got this from Cameron too.
Speaker 4 (17:24):
What a great surprise to turn on Buck and Clay
in here, John, he is the best.
Speaker 3 (17:33):
He is.
Speaker 2 (17:34):
What a nice surprise. Good job, John, We love you. Oh,
thank you very much. Cameron's from New York City too.
I can't tell you how many people have fled California.
Actually I can, but I don't have the exact number
in my I believe I saw the other day that
about two million plus people have fled California since the
(17:54):
year two thousand and last twenty five years, two million
people fled, largely replaced by illegal aliens, no joke, And
so a lot of them were conservative to middle of
the road voters, Republican independent voters. And when they started fleeing,
and maybe that was the plan, that's when Democrats started
(18:17):
winning elections by lopsided margins and started getting these super
majorities in California in the Assembly and in the state Senate.
By the way, did I mention who I am here?
It's John Cobelt KFI Radio filling in. They can play
Travis and Buck Sexton show. Sometimes they just go off
and it takes me ten minutes. But you know, I
(18:39):
told everybody formattox is not my strong point in any event.
We've heard from so many people over the years who
follow the podcast. In fact, if you're interested, you could
follow us on social media at John Cobelt Radio at
John Cobelt Radio and you spell at kobylt And we
have a video on YouTube now post a segment every day,
(19:01):
and you subscribe to the John Cobelt Show by going
to YouTube dot com slash at John Cobelt Show. YouTube
dot com slash at John Cobelt Show. We've got a
podcast on the iHeartRadio app and it is to service
all the Californias who have fled and they've gone to
all the obvious states Texas, Florida, Arizona, Nevada, and everywherewhere else.
(19:26):
And it's a shame, but it wears you down. And
I'm going to give you a list. And this is
on Gavin Newsom over the last eight years, and then
before that, Jerry Brown was the governor for eight years,
and this is what they collectively created. During one of
the commercial breaks just this morning, I tried to think
off the top of my head all the categories that
(19:47):
California performs the worst in negative categories where they've had
the highest whatever or the most whatever. Do you know
we have the worst inflation in the whole country. And
it's even worse than that in Los Angeles County. At
the same time, we have the highest unemployment rate. The
(20:10):
nation's unemployment rate is about four point four percent in California,
it's five point six in LA County five point nine.
Where if the nation had the numbers we did, you'd
be see people screaming in the streets. Yet much of
(20:36):
the country is doing quite well. Constant criticism leveled at Trump,
constant nonsense. It's California that's in the dumper, five point
six percent statewide unemployment five to nine in LA County.
Listen to this. We have the highest income tax. You know,
(20:56):
the income tax on the wealthy is like thirteen to
fourteen percent. And you may be saying, well, those are
wealthy people. I don't care. We also have the highest
income tax on middle class people as well. Everyone thinks
it's just loaded on the rich tech bros in northern California,
and it is, but the middle class really gets soaked badly.
(21:20):
Only Oregon is near the top with us. We have
the highest gas tax. I told you gas is averaging
almost four thirty a gallon. We have the highest sales tax.
We got the triple Crown, highest income, highest highest sales.
There's people packing up right now. You can hear them
as I go through this list. As I talked extensively
(21:41):
earlier in the show, we have the most homeless. Do
you know? We have a hundred and ninety thousand homeless people,
one hundred ninety thousand, and we have seventy thousand in
LA County and about forty five thousand in LA City.
And let me tell you what they do with homelessness
this way shock you. But they lie about them. Because
(22:04):
Karen Bass, the mayor of Los Angeles, came out and
claimed to have this new program and we've reduced homelessness
by three percent, five percent, you know, some little single
digit number, and released all those statistics. They do a
point in time count, that's what they call it, where
they actually walk through the streets and alleys and count
(22:25):
the bodies laying around one, two three. So they put
out their numbers, and then the RAND Corporation did their
own count and they took three of the sections with
the highest homelessness, like Venice, Hollywood, and they found out
that Karen Bass had undercounted by forty percent. So she
(22:46):
releases a set of numbers and then a private research
group a think tank says, I don't know, why do
we count of ourselves and you missed by forty percent
in one of the districts. They just make stuff up.
It's like the made up crime numbers. And why Washington
d C. You probably heard about that the other day
when they didn't want Trump to barge into Washington. Oh, look,
all the crime is actually down. No books were cooked.
(23:08):
The police lied, well, books are cooked. In La the
mayor lies. We have the most illegal aliens and oh boy,
I forgot that one. And this is one of the biggest.
Can't believe it took me two and a half hours
to get here. Do you know we spend no kidding,
thirteen billion dollars a year on illegal alien healthcare. If
(23:34):
you make it into California from any one of the
two hundred countries in the world, you get across that border,
your first foot, you step here, you have guaranteed healthcare
until the day you die. No kidding. He knew. Gavin
Newsom just started this last year and he said it
was going to cost six billion, and it turned out
(23:56):
a cost more than double that. It's at thirteen billion.
And then he said, oh, we have this bad budget deficit.
The budget deficit for this coming year is eighteen billion
dollars and illegal alien healthcare is almost three quarters of it.
From birth to death, you go to the emergency rooms
in California, it is filled with illegal migrants. Filled. In fact,
(24:21):
a lot of people go, I'm not gonna I'm gonna
go to the emergency room. I'll just stay at home
and die because who wants to sit in a three
hour line. And I'm not making this stuff up. It's true.
I've seen it. So we've got illegally on healthcare. Now,
how is this going to play when he runs as
a national candidate? I mean Trump demolished Biden and Kamala Harris.
(24:44):
There were two big issues, inflation and immigration. And after
being told for years you know this story, Biden kept claiming, well,
I need Congress to pass a law. Trump did it
in what about eight minutes? Porters completely shut. And now
Gavin Newsom is going to come and say, well, I'm
giving a legal aliens free healthcare, I mean absolutely free.
(25:09):
The hell? How do you run on that? We have
the highest housing prices you hear the new trendy line
of the day is affordability homes are more costly here
than anywhere else. Why because it's very difficult to build homes.
There is so much environmental regulation and nonsense that developers
(25:32):
often just give up. The only way to lower housing
prices anywhere is to is to build more housing. It
is the purest supply and demand industry. Right, if you
have one hundred houses with ninety eight people, you're gonna
(25:53):
the seller is going to be able to dictate the price. No,
the buyer's going to dictate the price. But you know,
if you have one hundred and fifty people, what's going
to happen here? The seller dictates the price. So we
have the highest housing prices, we have the highest rental prices.
California schools are thirtieth, but in the cities we have
(26:19):
dozens and dozens of schools that are the absolute worst.
California roads forty eighth place. A quarter of the roads
in poor condition. Now, when you pay taxes, what do
you want? Right, you're paying the highest taxes, highest gas,
highest sales, right, highest income. What do you want? You
want smooth roads? We don't have that. Okay, a quarter
(26:41):
from poor and then you want a school system, most
of them are bad, below average to disastrous. Do you
want a police department, Well, in La our police department
is almost well, it's been defunded. They successfully defunded the
police in La Angeles. We're supposed to have ten thousand,
(27:04):
We have eight thousand. The Olympics are coming and we
really need twelve thousand, so we're one third short. It's true. Oh,
the fire department, which nobody knew until we had the
Big Palisades fire. Do you know we have half a
fire department half a fire department. You're supposed to have
(27:28):
like two firefighters for every thousand residents some formula like that.
We have less than one firefighter. We have zero point nine.
We're supposed to have two. We have zero point nine.
So we have fifty percent of a fire department. In
case you're wondering why that one of the many reasons
why the fire got out of control. We don't have
the bodies. And there were forty fire trucks that were
(27:50):
busted on the day of the big fire broken. Why
weren't they fixed. We don't have the mechanics, we don't
have the firefighters. We don't have the mechanic, we don't
have the fire trucks. We don't have. We have two
thirds of a police department. And when you pay these
kinds of taxes, you want police, fire, schools, roads, right,
(28:13):
those are the big ones. We got none of that.
We got roads that look like they're from Afghanistan. We've
got But the legal aliens get free healthcare. US residents
don't get cradle to grave free healthcare. Right. That's what
constantly the fight is about in Washington, d C. Trying
(28:35):
to ensure everybody, but in California, no problem. Any foreigner
comes stumbling in here. And by the way, you're it's
it's hard to deport people here, as you saw, because
you have these sanctuary city, sanctuary state nonsense, and the
local politicians deploy shock troops to interfere with ice and
they start riots. Those riots that we had in June
(28:58):
here were started by these taxpayer funded pro illegal alien
organizations that Karen Bass would hold press conferences with. All right,
we'll wrap up. Coming up next. John Cobelt from KFI
Radio in for Clay Travis and Buck Sexton. Welcome, final
(29:28):
segment here on the Clay Travis and Buck Sexton Show.
I'm John Cobelt from KFI Radio, and thank thanks again
to playing Buck and everyone connected to the show for
letting me fill in today. It's really been a good time.
I want to close with one more incredibly stupid idea
(29:49):
that is floating around in California and that may turn
some people on the idea of a wealth tax on billionaires.
The hatred that some people have for billionaires is actually
mind boggling to me. I don't think most people hate billionaires,
(30:10):
but certainly the loudest progressive elements have created this hysteria
against them. And when I hear people making comments, I
always ask him. It's like, well, do you buy products
from Amazon? Well? Yeah, Well if a guy like Jeff
Bezos invents Amazon and then you know, puts in decades
(30:34):
of his life into building this company which provides a
service that clearly billions of people want to use. First
of all, it's a little hypocritical, hypocritical to be using
it yourself. Secondly, what do you care? You didn't think
of the idea, you didn't build the company he did.
(30:56):
Remember those famous photos of bezas sitting in a garage
with a a vinyl sign on the back wall that
said Amazon. He's got a card table in front of
him and a computer. He built it literally from the
back of a garage, and look what it is today.
And I always want to say to people that I
don't want to be mean and cruel. It's like, well,
(31:17):
what did you do today the day he was sitting
in that garage? You know, back in the mid nineties,
as Amazon was chest it was embryonic and its size,
What did you do that day? And what did you
do the day after that? The same thing with Elon Musk.
It's like Elon Musk sends sends rockets into space, he
builds the only electric car that anybody seems to want.
(31:40):
He's coming up with brain trips that might allow paralyzed
people to walk. Again, what did you do today? It's
a free country. You could do what you want. You
want to sit all day and drink beer, have at it.
But then you start shaking your fist at billionaires. Makes
me absolutely crazy, because I am I am. Do remember
(32:01):
a day when people admired those who accomplish stuff instead
of wanting to steal from them. And here's what the
unions in California want to do. They want to put
a ballot initiative to tax billionaires five percent of their
assets five percent. And this is all their stockholdings on paper,
(32:28):
what they call unrealized gains. It's not stocks that they
cash out, it's what the stock is worth on paper.
And then you have to pay the tax. Of course,
you know the next day can drop thirty percent. Oh well,
you've already had to pay the tax and ob tax
on all your bank accounts, all your real estate, all
(32:49):
your possessions, your artwork, your cars, everything, And that's what
the California unions want. And then the billionaires are saying, well,
then we're moving out of California, and the REPLI is,
oh no, you're not. Oh yeah, they will a lot
of very wealthy people already moved out of California. And
then you have no revenue to run the state. Then
(33:13):
the state truly collapses because half the revenue tax revenue
in California income, half of it comes from the top
one percent. All right, we are done here, John Cobalt,
KFI Radio in for by Travis and Buck Sexton. Thank
you for having me
Speaker 1 (33:35):
Play Travis and Buck Sexton on the front Lines of Truth.
Welcome to today's edition of The Clay Travis and Buck
Sexton Show podcast.
Speaker 2 (00:04):
Welcome to The Clay Travis Buck Sexton Show, and I'm
John Cobelt from KFI Radio in Los Angeles, filling in
today and happy to do it. And I want to
thank Clay and Buck and everybody connected with the show
for letting me have this opportunity. And we're going to
keep rolling along here. We've talked a lot in the
(00:25):
first two hours about Gavin Newsom and the disaster that
California has become under his rule. Another disaster is Tim Waaltz,
the governor of Minnesota. And this story took years to build,
finally became a criminal case, a set of criminal cases,
(00:45):
just in the last year, and now is exploded sky
high because nobody can believe the extent of the fraud.
And you've probably heard it's the Somali immigrant community was
able to access billions and billions of dollars of tax
money and they created all kinds of fake nonprofits, fake charities.
(01:06):
These nonprofits are the scourge of the country. It's a
scourge here in California and in Minnesota. And yesterday, well
just over the weekend, I should say. Nick Shirley, a
young independent journalist, released a forty two minute tape where
in one day he went to a series of these
(01:28):
daycare centers that were funded by Minnesota tax payers. It
was one hundred and ten million dollars of funding, and
he showed that every single one of them were phoning.
Sometimes they were just signs outside a doorway on the
side of a lot of them were industrial buildings, warehouse
style buildings, windows blacked out, no employees, no children being
(01:51):
taken care of, and it's just boosted this story to
an even higher level. Joe Khalil from Newstation, which is
a great cable TV news operation, is coming on with
us now to tell us the latest. Joe, how are
you hey good?
Speaker 3 (02:07):
How are you doing?
Speaker 2 (02:08):
Good?
Speaker 3 (02:08):
To be with you?
Speaker 2 (02:09):
I'm all right, So what's going on? Ever since this
new video was released, it's got one hundred and sixteen
million views on x Yeah.
Speaker 3 (02:19):
It really made an impression, obviously, and I think, you know,
for those who may not have been paying attention before,
I think this recent video just added another layer to
some of the allegations that we've been reporting on that
several others have already been reporting on. And it got
the attention of the vice president, and they have the
I director and several other high profile officials. What's different
(02:42):
this time you referenced it here is this video particularly
focused on childcare centers. And if you go and watch
for those who haven't seen this video, this young independent
journalist essentially is going from childcare center to childcare center
and these places have individually gotten hundreds of thousands of dollars,
(03:04):
if not upwards of one million dollars each every single
year in Minnesota tax payer money. And you go there,
this guy goes there and each one he can't find
any children. There are no hallmarks of what you would
expect at a childcare center. You know, you think of
playscapes or things like that. Outside There's none of that.
(03:26):
So you know, the question becomes, are these actual legit
childcare centers or you know, are these fronts for fraud?
So that's the newest iteration of it, and again getting
a ton of attention. Beyond that, you know, there have
been already credible allegations and many actual prosecutions proven fraud
where he had like hundreds of millions of dollars, some
(03:47):
of it back in COVID that were supposed to go
for food assistance for needy people in Minnesota that was diverted.
In other cases it was medicaid fraud that has been
prosecuted under thisdministration. And we shall also mention our finness
too that there were you know, several dozen people within
the Somali community prosecuted, investigated, tried under the Biden administrations
(04:12):
Department of Justice and FBI as well. So you know
these allegations, these stories are not brand new. Some of
them go back again to COVID and people had been
held accountable in twenty one, twenty twenty two. But right
now what we're seeing is a continuation of it. And
I think Governor Tim Walls all of this has happened
under his administration. He's obviously going to have to answer
(04:33):
for this at some point.
Speaker 2 (04:36):
This is indefensible, though I can't imagine that he I'm
sure he'll make a lot of sputtering noises, but there's
no way to deny this existence because what they surely
did is showed you the daycare centers and showed that
the buildings were empty and there was no playground equipment,
and that there were no kids and there were no workers.
(04:58):
There were simply signs in a lot of the cases
with locked doors.
Speaker 3 (05:02):
Yeah, I mean yeah. And you know what what the
governor's office has told us is that he is aware
of this stuff, that he has been investigating it, and that,
in fact, one of the child centers that was featured
in the video had actually already been shut down under
Tim Wall's administration. I don't think that that fully accounts
(05:23):
for the fact that this allegedly has been happening for
several years now and has continued to happen and even now.
I mean, if one of those centers was closed because
of fraud, that's that's wonderful. But there are still several
others that have been shown in that video that seemingly
are operational, that have been getting millions and millions of dollars,
you know, on an annual basis in Minnesota state funds.
(05:47):
Those are taxpayer dollars. So you know what we're seeing
right now is the state legislature is doing investigations into that,
trying to rein in some of that fraud. We're seeing
here in Congress from DC where I'm at, the House
Oversight Committee says they're going to take this off. The
chairman James Comer says they may even bring in officials
from Minnesota and subpoena them and do investigations, potentially do
(06:10):
depositions with these folks. So you know, there there is
some action now that seemingly is happening now that probably
should have been recognized and should have been happening more
than it was. You know, even in the earlier stages
of this.
Speaker 2 (06:23):
There's something comical about this though. I mean, nine billion
dollars out the door and suddenly it's like, well, we
had no idea, We're shocked. This is outrageous. Didn't any
Minnesota employees ever visit a child care facility? I mean,
we're talking about one of these licensed for ninety nine kids.
Don't you send an inspector there, you know, a child
(06:44):
services worker just to make sure that the kids are
all healthy and they're not being beaten and they're being
fed to decent food. I mean, isn't that routine for
the government employees to provide on the scene oversight? And
they were to have learned immediately because the doors were all
locked and the windows were blacked out.
Speaker 3 (07:02):
Yeah, that's the big The big question is the how right?
That's the big question. How did this happen for so
long and seemingly fly under the radar? How long have
these schools been open? That's a question that the new
video even did not answer. That we're trying to look
into at NewsNation ourselves. You know, how for so long
(07:23):
was was no one aware that these these centers were
opening and we're we're getting funneled taxpayer dollars when they
again seemingly allegedly you know, we're a front for some
kind of fraud allegation. And again I go back to
the fact that you know, the COVID era schemes, many
of them were uncovered and were and you had seventy
(07:44):
eight people that were investigated and prosecuted and indicted under
the Biden DOJ. Presumably at that point state officials might
have had their their you know, ears perk up a
bit and say, okay, maybe we need to also, you know,
look at I don't know some of the other allegations
of fraud. It's not that there has been silence there.
(08:06):
There have been people reportedly at least over the last year,
that have been really raising questions about some of these
childcare centers. And and for whatever reason, only one that
that we know about has been sort of you know,
cracked down and closed and the others are open. So
how has this been going on for so long? And
there have been signs obviously, and and the ny.
Speaker 2 (08:29):
Irony is though that there wasn't anything to shut down
or there was nothing to close, right because it was empty,
without employees and without children. It was it was just
storefronts and addresses. I guess, uh that was you know,
the address was on the forum, so you knew where
to send the check.
Speaker 3 (08:47):
Yeah, I mean, and if you open a business, you
open in a childcare center, you have to license it
with the states. So you know, it's not as if
the state doesn't know, you know, where these places are
or the names of them or the owners.
Speaker 2 (08:59):
You know.
Speaker 3 (08:59):
Again, all of that is very well publicly documented, so
you know it is at some point there's got to
the accountability. Again. We did get a response from the
governor's office that he said, well, we are cracking down
on this, but it just seems like there's been a
lot of it's going on and very few of these
places have actually gotten the accountability that you would hope.
Speaker 2 (09:22):
All right, Joe, thanks for coming on with us, of course,
good to be with you, Joe Khalil with the News
Nation cable TV news channel on your system. I really
you should really look at Nick Shirley's video. This is
a case where people read news stories and this was
(09:42):
covered maybe in Minnesota some but it was just the
New York Times maybe two weeks ago, three weeks ago
that did a front page story and it finally blew
up international attention. But I have noticed the way people
process stories. A print story doesn't have earthshaking effect. It does,
you know inside Washington and New York City in those circles,
(10:05):
political circles, media circles. But to get the whole country
to notice, there has to be some visuals. And with
one hundred and sixteen million people watching Nick Shirley's video,
you realize that is like super Bowl sized numbers that
he got with a forty two minute video. And it
was shot I guess, with his iPhone. And there's no staff.
(10:28):
I mean, there's no CBS or NBC network, no CNN,
no New York Times. It's one guy, I think, with
a selfie stick pointing a camera as he's doing these interviews.
And he had another man with him who had done
a lot of the legwork to get the records from
the state government website. And if I could, I'm trying
to think of his name. First name was Dave. So
(10:50):
he was an older, gray haired guy, and Dave was
obsessed with digging up the records on the internet. And
so you were able to follow in the video how
much each of these child care sites received from the government.
And then they started interviewing random people who occasionally would
walk in and out. I'll tell you more about that
(11:11):
when we come back, because it was some of this
stuff was funny because there was run ins with these
little Somalian immigrant ladies who I guess had jobs there,
and they really freaked out when Nick Shirley started asking questions.
We'll continue. John Cobelt from CAMFI Radio, filling in today
(11:33):
on the Clay Travis and Buck Sexton Show. Barry more
of the Clay Travis and Buck Sexton Show. John Coblt
filling in today from CAMFI Radio in Los Angeles, and
we were just talking with Joe Corleil from NewsNation, a
(11:54):
reporter there on the Minnesota scandal involving the billions of
dollars that were stolen by these Somali migrants in these
nonprofit organizations. It took the money for childcare centers to
feed children, and none of these programs existed. I was
(12:17):
just looking, Oh, well, let me tell you about this
headline first, because this just came out. I don't want
to New York Post has it on their front page.
Department of Homeland Security announced they're launching door to door
searches for legal aliens at fraud sites in Minneapolis. It
just started this morning. DHS on the ground in Minneapolis
(12:42):
going door to door, according to a post on x
by DHS, and it showed a video of two agents
entering the Nicolat Tobacco and vape shop in Burnsville, seventeen
miles south of Minneapolis. And Homeland Security also wrote that
the American people deserve answers on how their tax money
(13:04):
is being used and arrests when abuse is found. And
if you haven't seen it, one hundred and sixteen million
people have already watched this local young journalist named Nick Shirley,
who just in an afternoon walking around with another local man,
they found all these empty childcare centers that collectively were
(13:26):
taking one hundred and ten million dollars in government money,
many of it federal government money and absolutely nobody there.
What they would run into is occasionally some Somali migrant women.
I wouldn't call them employees. I don't know who they were,
but some of them were inside the empty offices. They
(13:50):
didn't they weren't doing any work. But maybe they were,
you know, collecting the money of filling out paperwork. I'm
not sure. But they were dressed in traditional Somali garb,
and they would become enraged when Nick and Dave would
approach them and ask them questions and just start screaming
at them, like hysterically. And another person screaming at him
(14:15):
was a white woman with severe looking with those heavy,
dark rimmed glasses, and she showed up with her phone.
And don't you love the way people use their phones
as weapons. They try to intimidate you and frighten you
by pointing a camera at you. And I've never understood
that because Nick and Dave weren't doing anything. They were
(14:37):
standing out. They weren't even they weren't on the property,
they weren't inside somebody's office. They were standing in a
parking lot. And she's screaming, Ice, Ice, I mean, she's screeching,
don't let them in. Don't let them in. I said, yeah,
I have some crazy woman. It's amazing how many mentally
deranged people are walking around. How they got aware of
(14:58):
what Nick was doing? I don't know, but I marvel.
I mean, if we even in its desiccated state, we
added up all the employees of all the major networks,
all the local stations in Minneapolis, all the major newspapers, magazines,
internet news sites, everything, and you stacked up their budget
and the number of employees and all the resources they have.
(15:19):
And then look at Nick, Shirley and Dave and their
selfie stick camera and a little tiny toy microphone he
was holding. What do people do all day at all
these newspapers and television stations? What do they do? And
it shows you the tremendous amount of not just bias,
(15:42):
but intentional lack of reporting. This is the biggest story
that Minnesota's had in a long time, with a governor
who was running from vice president, and it had been
going on for years, and people were afraid that if
you investigate Somali's you'd be called racist. That's the beginning
(16:03):
and end of the story. That's what the fear was.
They'd be called racist, so there was no coverage being done.
All right, we got more coming up. I'm gonna do
one more rundown of all the worst, all the categories
where California is the highest the most are the worst,
and they're all bad categories. That continues on the Klay
Travis and Buck Sexton Show on John co Belt.
Speaker 1 (16:34):
Clay Travis with the Clay and Buck Show, wishing you
and your family of very merry Christmas and happy New Year.
Buck Sexton Here, the entire Clayan Buck Show wish you
and your family a warm Christmas season and a joyful
New Year.
Speaker 4 (16:48):
Hello John, this is Ron from Mesa, Arizona. I heard
your name on the radio this morning and I text
saying John Cobelt co Belt co Belt, and I remembered
I left California in twenty fourteen to come to Arizona
to help my mother.
Speaker 2 (17:04):
And you were my daily fix.
Speaker 4 (17:08):
And after I got here and saw the prices, I
never went back to California.
Speaker 2 (17:13):
I miss it. I really do. Oh thank you, Ron. Yes,
we have a lot of California refugees around the around
the country. We got this from Cameron too.
Speaker 4 (17:24):
What a great surprise to turn on Buck and Clay
in here, John, he is the best.
Speaker 3 (17:33):
He is.
Speaker 2 (17:34):
What a nice surprise. Good job, John, We love you. Oh,
thank you very much. Cameron's from New York City too.
I can't tell you how many people have fled California.
Actually I can, but I don't have the exact number
in my I believe I saw the other day that
about two million plus people have fled California since the
(17:54):
year two thousand and last twenty five years, two million
people fled, largely replaced by illegal aliens, no joke, And
so a lot of them were conservative to middle of
the road voters, Republican independent voters. And when they started fleeing,
and maybe that was the plan, that's when Democrats started
(18:17):
winning elections by lopsided margins and started getting these super
majorities in California in the Assembly and in the state Senate.
By the way, did I mention who I am here?
It's John Cobelt KFI Radio filling in. They can play
Travis and Buck Sexton show. Sometimes they just go off
and it takes me ten minutes. But you know, I
(18:39):
told everybody formattox is not my strong point in any event.
We've heard from so many people over the years who
follow the podcast. In fact, if you're interested, you could
follow us on social media at John Cobelt Radio at
John Cobelt Radio and you spell at kobylt And we
have a video on YouTube now post a segment every day,
(19:01):
and you subscribe to the John Cobelt Show by going
to YouTube dot com slash at John Cobelt Show. YouTube
dot com slash at John Cobelt Show. We've got a
podcast on the iHeartRadio app and it is to service
all the Californias who have fled and they've gone to
all the obvious states Texas, Florida, Arizona, Nevada, and everywherewhere else.
(19:26):
And it's a shame, but it wears you down. And
I'm going to give you a list. And this is
on Gavin Newsom over the last eight years, and then
before that, Jerry Brown was the governor for eight years,
and this is what they collectively created. During one of
the commercial breaks just this morning, I tried to think
off the top of my head all the categories that
(19:47):
California performs the worst in negative categories where they've had
the highest whatever or the most whatever. Do you know
we have the worst inflation in the whole country. And
it's even worse than that in Los Angeles County. At
the same time, we have the highest unemployment rate. The
(20:10):
nation's unemployment rate is about four point four percent in California,
it's five point six in LA County five point nine.
Where if the nation had the numbers we did, you'd
be see people screaming in the streets. Yet much of
(20:36):
the country is doing quite well. Constant criticism leveled at Trump,
constant nonsense. It's California that's in the dumper, five point
six percent statewide unemployment five to nine in LA County.
Listen to this. We have the highest income tax. You know,
(20:56):
the income tax on the wealthy is like thirteen to
fourteen percent. And you may be saying, well, those are
wealthy people. I don't care. We also have the highest
income tax on middle class people as well. Everyone thinks
it's just loaded on the rich tech bros in northern California,
and it is, but the middle class really gets soaked badly.
(21:20):
Only Oregon is near the top with us. We have
the highest gas tax. I told you gas is averaging
almost four thirty a gallon. We have the highest sales tax.
We got the triple Crown, highest income, highest highest sales.
There's people packing up right now. You can hear them
as I go through this list. As I talked extensively
(21:41):
earlier in the show, we have the most homeless. Do
you know? We have a hundred and ninety thousand homeless people,
one hundred ninety thousand, and we have seventy thousand in
LA County and about forty five thousand in LA City.
And let me tell you what they do with homelessness
this way shock you. But they lie about them. Because
(22:04):
Karen Bass, the mayor of Los Angeles, came out and
claimed to have this new program and we've reduced homelessness
by three percent, five percent, you know, some little single
digit number, and released all those statistics. They do a
point in time count, that's what they call it, where
they actually walk through the streets and alleys and count
(22:25):
the bodies laying around one, two three. So they put
out their numbers, and then the RAND Corporation did their
own count and they took three of the sections with
the highest homelessness, like Venice, Hollywood, and they found out
that Karen Bass had undercounted by forty percent. So she
(22:46):
releases a set of numbers and then a private research
group a think tank says, I don't know, why do
we count of ourselves and you missed by forty percent
in one of the districts. They just make stuff up.
It's like the made up crime numbers. And why Washington
d C. You probably heard about that the other day
when they didn't want Trump to barge into Washington. Oh, look,
all the crime is actually down. No books were cooked.
(23:08):
The police lied, well, books are cooked. In La the
mayor lies. We have the most illegal aliens and oh boy,
I forgot that one. And this is one of the biggest.
Can't believe it took me two and a half hours
to get here. Do you know we spend no kidding,
thirteen billion dollars a year on illegal alien healthcare. If
(23:34):
you make it into California from any one of the
two hundred countries in the world, you get across that border,
your first foot, you step here, you have guaranteed healthcare
until the day you die. No kidding. He knew. Gavin
Newsom just started this last year and he said it
was going to cost six billion, and it turned out
(23:56):
a cost more than double that. It's at thirteen billion.
And then he said, oh, we have this bad budget deficit.
The budget deficit for this coming year is eighteen billion
dollars and illegal alien healthcare is almost three quarters of it.
From birth to death, you go to the emergency rooms
in California, it is filled with illegal migrants. Filled. In fact,
(24:21):
a lot of people go, I'm not gonna I'm gonna
go to the emergency room. I'll just stay at home
and die because who wants to sit in a three
hour line. And I'm not making this stuff up. It's true.
I've seen it. So we've got illegally on healthcare. Now,
how is this going to play when he runs as
a national candidate? I mean Trump demolished Biden and Kamala Harris.
(24:44):
There were two big issues, inflation and immigration. And after
being told for years you know this story, Biden kept claiming, well,
I need Congress to pass a law. Trump did it
in what about eight minutes? Porters completely shut. And now
Gavin Newsom is going to come and say, well, I'm
giving a legal aliens free healthcare, I mean absolutely free.
(25:09):
The hell? How do you run on that? We have
the highest housing prices you hear the new trendy line
of the day is affordability homes are more costly here
than anywhere else. Why because it's very difficult to build homes.
There is so much environmental regulation and nonsense that developers
(25:32):
often just give up. The only way to lower housing
prices anywhere is to is to build more housing. It
is the purest supply and demand industry. Right, if you
have one hundred houses with ninety eight people, you're gonna
(25:53):
the seller is going to be able to dictate the price. No,
the buyer's going to dictate the price. But you know,
if you have one hundred and fifty people, what's going
to happen here? The seller dictates the price. So we
have the highest housing prices, we have the highest rental prices.
California schools are thirtieth, but in the cities we have
(26:19):
dozens and dozens of schools that are the absolute worst.
California roads forty eighth place. A quarter of the roads
in poor condition. Now, when you pay taxes, what do
you want? Right, you're paying the highest taxes, highest gas,
highest sales, right, highest income. What do you want? You
want smooth roads? We don't have that. Okay, a quarter
(26:41):
from poor and then you want a school system, most
of them are bad, below average to disastrous. Do you
want a police department, Well, in La our police department
is almost well, it's been defunded. They successfully defunded the
police in La Angeles. We're supposed to have ten thousand,
(27:04):
We have eight thousand. The Olympics are coming and we
really need twelve thousand, so we're one third short. It's true. Oh,
the fire department, which nobody knew until we had the
Big Palisades fire. Do you know we have half a
fire department half a fire department. You're supposed to have
(27:28):
like two firefighters for every thousand residents some formula like that.
We have less than one firefighter. We have zero point nine.
We're supposed to have two. We have zero point nine.
So we have fifty percent of a fire department. In
case you're wondering why that one of the many reasons
why the fire got out of control. We don't have
the bodies. And there were forty fire trucks that were
(27:50):
busted on the day of the big fire broken. Why
weren't they fixed. We don't have the mechanics, we don't
have the firefighters. We don't have the mechanic, we don't
have the fire trucks. We don't have. We have two
thirds of a police department. And when you pay these
kinds of taxes, you want police, fire, schools, roads, right,
(28:13):
those are the big ones. We got none of that.
We got roads that look like they're from Afghanistan. We've
got But the legal aliens get free healthcare. US residents
don't get cradle to grave free healthcare. Right. That's what
constantly the fight is about in Washington, d C. Trying
(28:35):
to ensure everybody, but in California, no problem. Any foreigner
comes stumbling in here. And by the way, you're it's
it's hard to deport people here, as you saw, because
you have these sanctuary city, sanctuary state nonsense, and the
local politicians deploy shock troops to interfere with ice and
they start riots. Those riots that we had in June
(28:58):
here were started by these taxpayer funded pro illegal alien
organizations that Karen Bass would hold press conferences with. All right,
we'll wrap up. Coming up next. John Cobelt from KFI
Radio in for Clay Travis and Buck Sexton. Welcome, final
(29:28):
segment here on the Clay Travis and Buck Sexton Show.
I'm John Cobelt from KFI Radio, and thank thanks again
to playing Buck and everyone connected to the show for
letting me fill in today. It's really been a good time.
I want to close with one more incredibly stupid idea
(29:49):
that is floating around in California and that may turn
some people on the idea of a wealth tax on billionaires.
The hatred that some people have for billionaires is actually
mind boggling to me. I don't think most people hate billionaires,
(30:10):
but certainly the loudest progressive elements have created this hysteria
against them. And when I hear people making comments, I
always ask him. It's like, well, do you buy products
from Amazon? Well? Yeah, Well if a guy like Jeff
Bezos invents Amazon and then you know, puts in decades
(30:34):
of his life into building this company which provides a
service that clearly billions of people want to use. First
of all, it's a little hypocritical, hypocritical to be using
it yourself. Secondly, what do you care? You didn't think
of the idea, you didn't build the company he did.
(30:56):
Remember those famous photos of bezas sitting in a garage
with a a vinyl sign on the back wall that
said Amazon. He's got a card table in front of
him and a computer. He built it literally from the
back of a garage, and look what it is today.
And I always want to say to people that I
don't want to be mean and cruel. It's like, well,
(31:17):
what did you do today the day he was sitting
in that garage? You know, back in the mid nineties,
as Amazon was chest it was embryonic and its size,
What did you do that day? And what did you
do the day after that? The same thing with Elon Musk.
It's like Elon Musk sends sends rockets into space, he
builds the only electric car that anybody seems to want.
(31:40):
He's coming up with brain trips that might allow paralyzed
people to walk. Again, what did you do today? It's
a free country. You could do what you want. You
want to sit all day and drink beer, have at it.
But then you start shaking your fist at billionaires. Makes
me absolutely crazy, because I am I am. Do remember
(32:01):
a day when people admired those who accomplish stuff instead
of wanting to steal from them. And here's what the
unions in California want to do. They want to put
a ballot initiative to tax billionaires five percent of their
assets five percent. And this is all their stockholdings on paper,
(32:28):
what they call unrealized gains. It's not stocks that they
cash out, it's what the stock is worth on paper.
And then you have to pay the tax. Of course,
you know the next day can drop thirty percent. Oh well,
you've already had to pay the tax and ob tax
on all your bank accounts, all your real estate, all
(32:49):
your possessions, your artwork, your cars, everything, And that's what
the California unions want. And then the billionaires are saying, well,
then we're moving out of California, and the REPLI is,
oh no, you're not. Oh yeah, they will a lot
of very wealthy people already moved out of California. And
then you have no revenue to run the state. Then
(33:13):
the state truly collapses because half the revenue tax revenue
in California income, half of it comes from the top
one percent. All right, we are done here, John Cobalt,
KFI Radio in for by Travis and Buck Sexton. Thank
you for having me
Speaker 1 (33:35):
Play Travis and Buck Sexton on the front Lines of Truth.
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