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Podcast: News For Reasonable People
Episode: $24 Billion FIASCO: CA Homeless Money Bought Private Jets & Beverly Hills Mansions
Description: California spent $24 billion on homelessness in 5 years and can't account for where it went. Now we know why – LA developers just got busted for allegedly stealing millions meant for homeless housing to buy private jets, exotic cars, and a $46,000-per-month Beverly Hills mansion. Because nothing says "helping the homeless" like flipping a property from $11 million to $27.3 million in just 12 days using taxpayer money, right?We break down the fraudulent appraisals, pay-to-play donations to county supervisors, and how the homeless industrial complex has become a goldmine for grifters. Meanwhile, over 1,200 city-owned homeless housing units sit vacant after an $800 million buying sp...