

ICYMI: Fixing the Golden State
Jul 1, 2025
Stephen J. Cloobeck, a Democratic candidate for California governor in 2026 and former CEO of Diamond Resorts, dives into the pressing challenges facing the state. He discusses the intricate balance between regulatory measures and affordable housing amid a crisis, highlighting the need for legislative reform. Cloobeck critiques current solutions as temporary and emphasizes preparing the workforce for future demands. He also shares insights on navigating political relationships and the urgency for change in a state he deems 'broken'.
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U.S. Brand Damaged Rapidly
- Stephen J. Cloobeck shared his experience with the U.S. brand's rapid decline under President Trump.
- He expressed disbelief at the damage to the brand caused by political chaos and instability.
Regulations Cripple California Business
- California suffers from overwhelming regulations and increasing government employees, hindering business.
- The state's dense regulation causes significant obstacles to housing development and affordability.
Fix Housing with Emergency Measures
- Declare an affordability emergency to pause certain housing regulations.
- Focus on removing weaponized NIMBY opposition and streamline permitting to allow proper housing construction.