

#2268 - Rick Caruso
221 snips Feb 5, 2025
Rick Caruso, a prominent businessman and philanthropist, shares insights on tackling LA's pressing issues as a potential leader. He critiques the government's approach to homelessness, advocating for nonprofit involvement and innovative solutions. Caruso reflects on the emotional toll of wildfires, emphasizing the need for systemic reform in emergency response. He also discusses the intersection of mental health and crime, urging compassionate leadership to address urban challenges. His vision for California's future highlights accountability and community engagement as pivotal for real change.
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Caruso's Family History
- Rick Caruso's grandparents were immigrants who found opportunity in Los Angeles.
- His grandfather was a gardener, highlighting L.A.'s historical promise.
Closed Loop System
- Caruso believes the political system is a closed loop, resistant to outsiders.
- He felt this resistance when prominent Democrats campaigned against him.
HHH Tax Initiative Failure
- L.A.'s HHH tax initiative, meant to build 10,000 homeless units, produced under 1,000 in 10 years at $800,000/unit.
- Nonprofits achieve the same for $300,000/unit, exposing government waste.