Morning Wire
Fools Gold: Newsom’s Bailouts, Beijing, and Broken California Dream | 3.16.25
Mar 16, 2025
In this engaging discussion, investigative journalist Susan Crabtree, co-author of "Fool's Gold," uncovers the tangled relationships between Governor Gavin Newsom, PG&E, and the influence of China on California politics. She covers the controversial bailouts for utility companies following devastating wildfires and the implications for taxpayers. Crabtree also highlights the repercussions of early inmate releases during COVID-19, leading to a rise in crime. Additionally, she critiques Newsom's approach to transgender policies in sports, revealing the complexities of governance in the state.
17:18
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Quick takeaways
- Gavin Newsom's financial connections with PG&E raise ethical concerns, particularly regarding taxpayer-funded bailouts and public safety implications.
- His ties to the Chinese Communist Party through a nonprofit suggest troubling influences on California's economy and national security interests.
Deep dives
Wildfire Funding and Political Connections
Governor Gavin Newsom's relationship with energy company Pacific Gas and Electric (PG&E) raises serious concerns regarding political integrity and accountability. PG&E has been linked to devastating wildfires, including the deadliest fire in California history, yet Newsom has accepted significant contributions from the company. Notably, he and his wife received $700,000, which coincided with a bailout for PG&E financed by taxpayer dollars, effectively protecting the utility from legal repercussions related to wildfire losses. This pattern suggests a troubling alliance between Newsom and powerful energy companies, undermining public safety in favor of political loyalty and financial support.
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