California spent $24 billion on the homeless problem and no one could account for where the money went; Governor Newsom vetoed an audit of the spending.
California spent $24 billion on the homeless problem and no one could account for where the money went; Governor Newsom vetoed an audit of the spending.
Where this was said
At 14:37 · chapter starts 13:35
Taylor Sheridan makes a clean and cutting argument about nonprofit dysfunction: if your organization exists to solve homelessness, the day you solve it is the day your money and relevance disappear. So the incentive is always to grow the crisis — make it bigger, louder, more visible — in order to justify more funding. California is the perfect case study: $24 billion spent on the homeless problem, no accounting for it, and when a proper audit was attempted, Gavin Newsom vetoed it. Rogan adds the context that someone had done a breakdown showing how much money the people running LA's homeless programs are actually paid — extraordinary personal salaries from a 'charitable' enterprise. They pivot to the high-speed rail system — a billion-dollar project that has produced exactly one mile of track — to illustrate how the same logic of performative problem-solving manifests in infrastructure. Sheridan sums it up neatly: these are performative entrepreneurs, people who pitch a government-funded solution and then profit from keeping the problem alive forever. The section closes with both men discussing Portland's ballot measure — championed by a vegan substitute teacher from Southern California — that would effectively ban hunting, fishing, and ranching across Oregon.
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France built 56 nuclear plants in the 1970s and now has the cheapest energy in Europe, making it independent of Russian or Middle Eastern energy geopolitics.
Estonia has a single tax form, a law preventing the government from asking citizens for the same information twice, and a flat rate of tax — enabling competitive taxation.
Portugal's Lisbon, once a city with a major heroin problem, legalised drugs and redirected enforcement spending into rehabilitation and housing, dramatically reducing crime.
The first Boland Amendment banning CIA and Defense Department funds for the Contras passed the House unanimously — yet the Reagan administration ignored it.
Over just two years, Saudi Arabia alone donated $32 million to the Contra rebels, giving loosely affiliated factions millions they had no way to spend on arms.
The National Endowment for the Preservation of Liberty raised $6.3 million for the Contras but only $3.3 million reached them — a shockingly low 52% program expense rate.
Richard Secord and Albert Hakim marked up their arms shipments to the Contras by as much as 300%, making enormous personal profits from the covert operation.
Lieutenant Colonel Oliver North, tapped to run the entire covert Contra support operation, had no prior experience in covert operations whatsoever — he was learning as he went.
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