Mike and I discuss several critical issues, including the renter's assistance program, the Walgreens ban, the economic impact of Silicon Valley Bank, and how Mexico is caught in a narco battle.
Newsom Builds Momentum For 2024: From banning gas-powered vehicles to "punish" oil companies plus the withdrawal of Walgreens from renewed state contracts, California Governor Gavin Newsom is capitalizing on these short-sighted grandstanding policies to build momentum for a potential 2024 presidential run, if incumbent Joe Biden doesn't make a run himself.
Newsom's latest political stunt is directly hurting two communities that rely on Walgreens the most – seniors and those who need close proximity and reliable access to their medications. Yet, as Newsom claims to take the moral high ground with Walgreens, he continues to allow California to do business with countries that are anti-LGBTQ+ or countries that have negative environmental track records, like those that continue to decimate the rain forest.
Silicon Valley Bank Run: What does the Silicon Valley Bank fiasco mean to our economy, the constant increase in the interest rate, and the overall impact on inflation? A few years ago, $100 filled up the shopping cart, and now that same $100 would barely cover the bottom of the basket. Will this be a repeat of the 2008 collapse?
Renter's Assistance Programs: With the end of the renter's protection programs, what happens to all those who owe rent? How will that impact homelessness?
Mexico's Cartel Problem Continues: Mexican cartel issues an apology for kidnapping Americans and killing two Americans. The cartel problem in Mexico is difficult for both the people and the government.
With the cartel so entrenched in Mexico, is it a lost cause for the government? Should Mexico bring in the military and take over the policing operations state by state or leave it alone and hope it doesn’t escalate?
