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Filtering by entity: Mayor Karen Bass | Clear Filter
Summary:Donald Trump expresses dismay at California Governor Gavin Newsom's alleged plan to approve low-income housing in Pacific Palisades. Trump contends Newsom previously contributed to house destruction by rejecting water and is now prioritizing new low-income housing over permits for citizens to rebuild. He asserts that he and Lee Zeldin expeditiously issued federal permits and criticizes Newsom and Mayor Karen Bass for their perceived failures, drawing a parallel to former Mayor John Lindsay's political downfall.
Sentiment:Critical
Key Claims:
- Gavin Newsom is in the final stages of approving Low Income Housing in Pacific Palisades.
- The approval of Low Income Housing is unfair to residents who suffered house fires.
- Newsom caused previous house fires by not accepting "Hundreds of Millions of Gallons of Water from the Pacific Northwest."
- Low Income Housing is rising before permits for California citizens to rebuild are issued by the Governor.
- Federal permits for rebuilding were issued long ago by Trump and Lee Zeldin (as President and EPA Administrator).
- The Governor of California and Mayor Karen Bass failed the citizens.
- Gavin Newsom’s plan for Low Income Housing in Pacific Palisades mirrors the event that destroyed John Lindsay’s political career.
- John Lindsay was a Republican.
Potential Market Impact (S&P 500):0/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:0/10
Summary:Donald Trump criticizes California Governor Gavin Newsom and Los Angeles Mayor Karen Bass for their handling of Los Angeles, including ongoing riots. He labels the individuals involved in the riots as 'troublemakers and insurrectionists' rather than protesters, also noting their lack of masks.
Sentiment:Critical
Key Claims:
- Governor Newsom and Mayor Bass have done an 'absolutely horrible job' managing Los Angeles.
- Their poor performance includes the ongoing L.A. riots.
- Participants in the L.A. riots are 'troublemakers and insurrectionists', not protesters.
- The individuals involved in the riots are not wearing masks.
Potential Market Impact (S&P 500):1/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:1/10
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