Governor Hochul announced a billion-dollar utility rebate program for New York families as part of her cost-of-living agenda.
Snapshot · The MeidasTouch Podcast
Governor Hochul announced a billion-dollar utility rebate program for New York families as part of her cost-of-living agenda.
Where this was said
At 18:41 · chapter starts 15:31
Governor Hochul opens the interview with a sweeping assessment of Trump-era economic damage, predicting that historians will define the administration in one word: chaos. [1] — Kathy Hochul "Governor Hochul predicts future generations will define the Trump administration in one word: chaos. She catalogues the damage — rising gas…" 15:31 She traces the pain across multiple fronts — gasoline prices that fell under Biden and have risen again, grocery costs inflated by tariffs on fertilizer and aluminum, and ICE raids stripping farm labor from the northernmost, heavily Republican corner of New York. Canada, once America's most trusted trading partner, now feels hostile thanks to the tariff battles. Rural hospitals, already fragile, face closure from Medicaid cuts. Hochul argues this is no longer a purely urban Democratic story — everyday Republicans and independents in the heartland are saying 'we can't take it anymore.' She closes by listing New York's counter-measures: a billion-dollar utility rebate program, universal childcare, a housing agenda, and auto insurance cost reductions — while lamenting the absence of federal partners.
Hochul noted gasoline prices had been declining under President Biden but have risen again under the Trump administration.
Governor Hochul predicts future generations will define the Trump administration in one word: chaos. She catalogues the damage — rising gas prices, tariff-driven grocery costs, ICE raids gutting farm labor, and rural hospital closures — and argues it's reaching deeply into Republican-leaning districts.
Hochul cited universal childcare as a key pillar of New York's pro-affordability agenda to counter federal economic headwinds.
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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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