It's been an honor to serve you and this great state! ❤️

California senators just voted 39-0 for Uber and California attorneys' deal aimed at aiding car crash victims, sending it to Newsom and avoiding a costly ballot fight. Sen. Tom Umberg managed to say the word "lien" at least nine times in two minutes during his floor speech.

A new statewide survey paints a concerning picture of retirement security in California, with most voters saying the state’s high cost of living and taxes are making it increasingly difficult to save for the future. fox40.com/news/california-co…

L.A. County D.A. claims four in five cases in $4-billion sex abuse payout may be fraudulent @Rjaellis latimes.com/california/story…

KTLA: New survey finds Californians increasingly worried about retirement security ktla.com/news/california/exc…

Notably, Newsom, CA YIMBY, YIMBY Action urged a No vote on Prop 33 while conservative Huntington Beach wanted a Yes vote

Did you know: the proposed Dodger’s Stadium Gondola has a capacity that is larger than the Metro E Line standard capacity? I had assumed light rail would have a much higher capacity, but you would actually need either heavy rail or an automated system

Meanwhile, in a version of LA where we let good things happen…

Who knew the ultimate rent control is no rent control

The ULA Coalition just released a study from BAE Economics Conclusion - ULA is economically benign because most LA projects already don’t work due to macro economic factors. Brilliant theory. A huge new r-e tax is totally fine because market rate housing is already fucked! 🤯

Building new housing, even at the high end of the market, kicks off a “moving on up” effect that creates vacancy in the cheapest available homes. *Not* building enough new housing to meet demand has the opposite effect, raising the price floor for even the worst housing.

We are excited to announce that @joeymaloney will be stepping into the role of President and CEO of the Sports Betting Alliance. Joe joins the SBA from the American Gaming Association, bringing over two decades of experience in sports, gaming, and technology to his new role.

100% (Suspect much of the opposition is astro-turfed by the California Endowment, an NGO w truly pernicious effects upon our politics)

Ignore the NIMBYs. Build the Gondala.

That’s the guy who forced the UCLA Mobility Lab into writing a report saying that somehow adding a transit alternative would not alleviate surrounding traffic. A study that was later discredited by its own authors, years ago now. Yet it is still being cited by project opponents to this day. And without any mention of the retraction by news media covering the gondola.

The California Endowment is a *major* nonprofit funder in Los Angeles. The California Endowment opposes the gondola because it would block the nice views of the hills from their office next to Union Station.

Big news. So pumped to welcome Zach to the Click Strategies team.

Unless the LA City Council can cap expenses for apartment operators— capping insurance premiums, utility costs, etc.—capping rent growth will only drive more projects towards insolvency. If that’s the goal, fine. But they should say so.

Study challenges view that legal betting brings financial harm ✍️🔍 👉 next.io/news/betting/study-c… #betting #study #gambling

Dr. Michael Mandel never intended to research the economic impact of sports betting. The chief economist and vice president of the Progressive Policy Institute (PPI) got into gambling for a simple reason: He wanted something to share with his then-94-year-old father. That personal experience led Mandel to examine sports betting through his professional lens at PPI, a think tank focused on balancing innovation with regulation. The result is a new study that challenges the narrative that legalized sports betting is driving Americans into financial ruin.

Millions of Virginians are playing online casino games on unregulated, offshore sites – often without even knowing it. Legalizing and regulating online casino games would protect players, generate tens of millions in tax revenue for the state, and take power away from illegal operators. @CBS6 with the story: