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what if voters had the power to have the
last say on important policy like how
different do you think that the world
would be if we had that much clout now
of course this would rely on the
majority of Voters but you could see how
this could change so much of our world
right well this is exactly what is
happening over in Los Angeles when it
comes to the homeless crisis California
is important because so much of what
happens in California spreads to the
rest of the country Los Angeles voters
are going to get to decide soon about a
new way to eliminate the homeless
problem in that City
simple just put all the homeless folks
in hotels and here's a new ad that
explains the proposal
Los Angeles hotel workers union Unite
Here Local 11 wants to turn hotels into
homeless shelters special change the
Union's idea would force hotels to
provide rooms to the homeless putting
tourists and paying guests at risk and
exposing Hotel employees to hazardous
situations hungry
it would be funny if it wasn't so scary
now before we even begin we have to
understand that these are people who
made choices in their lives and yes it
is definitely sad but these are choices
that they made on their own which begs
the question should vacant hotels in La
give them rooms buy the math an average
night in La would have at least 60 000
homeless people roaming their streets
within the same night there's at least
twenty thousand vacant hotel rooms
voters in Los Angeles will have the
chance to vote for this in 2024
basically deciding the fate of thousands
of people this is really a solution like
seriously
it's insane
um it it isn't going to solve the
problem we think this is one part of the
solution by no means do we think this
solves a homelessness crisis but do
hotels have a role to play of course
they do so the union he leads which reps
hotel workers gathered enough signatures
and angelinos will vote on a bill that
would force every hotel in town to
report vacancies at 2PM every day then
welcome homeless people into those
vacant rooms honestly would you check
into a hotel knowing that the chance of
your neighbor
to the left or right is a homeless
individual manage Patel voluntarily
rents some rooms to homeless people who
are vetted and paid for by a local
church but he's against this bill that
would make that mandatory we barely are
surviving number one number two we have
to think of the safety of our staff and
number three we're not professionally or
any other ways equipped with any of the
supporting mechanism that the homeless
guest would require their mayor must be
desperate because if this passes like if
okay I'm going with the idea of it
actually passing but if it passes how
much do you think a hotel room would
cost in La five bucks maybe a half eaten
burrito from a Taco Bell a high five
maybe how cool would it be to be able to
reserve a room at like the Chateau Mar
mount for like a high five because
that's what this is going to lead to
It's Gonna literally absolutely destroy
the value of these hotels but within the
same idea like do any of you think that
this is something that should be done on
a national scale fail now I'm talking
about giving voters a louder voice all
right so hear me out like if the
government proposed to send billions and
billions of dollars of our taxpayer
money overseas we'd have a say now just
imagine that right too bad we don't have
that much power but I tell you what if
you agree that these big time decisions
should have some of our input as well go
ahead and smash the like button for the
video and also while you're at it make
sure to subscribe for updates like this
alright awesome now back to the video
right now homelessness isn't just an
issue that's in La it is an issue that
we're seeing all over in fact Mark
benioff CEO and co-founder of Salesforce
had to say that their upcoming
conference in San Francisco may be the
last over there because they're worried
that incidents may happen connected to
again the homeless situation together
with drug use San Francisco hasn't
particularly been a Haven for big
businesses I mean plenty of them have
already packed up and moved to different
parts of the country so you know hearing
this well I'm sure that the local
government is more than worried of how
this will affect not just their revenue
but their commercial virtual real estate
in the area as a whole and on top of
that did you know that the housing
market is starting to feel just a little
chilly not chilly as in spicy okay chili
as in cooling some economists are saying
that this could be the start of even
more drops in prices and this is
something that we all have to consider
interest rates are pretty much spoiling
the party they're at what seven percent
and Rising above seven percent low
inventory and Rising prices just this
week pending home sales are down 14 now
that's a 14 decline from a year ago
joining us now we want to bring in Glenn
kelman he's the CEO of Redfin so Glenn
the big question is here is what is this
cooling effect what are how big of a
cooling effect is this going to have on
the housing market what do you think
well rates have been high all year they
peaked in August they seem to be easing
slightly now so I don't think sales
volume could go any lower and prices are
actually headed up because inventory is
down so I think the market is in a
holding pattern waiting for a break from
the Federal Reserve and this is for
people with darn good credit how much
more are these people with average and
below average credit get they might be
paying eight nine percent for a mortgage
right I mean it is insanity out there
right now and on the topic of insanity
employers are now reversing on the trend
of providing pay increases for new hires
and what are they doing now they're now
cutting salary offers wow like jumping
from job to job has its ups and downs
you know what I'm saying right one to
UPS is that you usually get a huge pay
bump with your wages much bigger
compared to what you would have gotten
from a promotion within the same company
so much for loyalty huh but a recent
study now shows that some employers are
cutting their offers by at least 47 can
you imagine how huge of a difference
that is now this reminds me have you
noticed how frequently we've received
job and payroll numbers that sound just
a little bit too good to be true only to
later have them revise lower a few
months after because that has not left
my mind for a while now like payroll
numbers for this entire year up until
July has been revised down and they're
doing it so stealthily like you know
it's like trying to hide that these
revisions are happening I dare you you
are not gonna find one clip where you
actually see Karen John Pierre Janet
Yellen and heck even President Joe Biden
you're just not going to see a clip when
they're talking about revisions that
Trend downward it's all talk about how
great they are right so great Sky's just
blue grass is green and Americans are
doing just oh so freaking fantastic but
let me ask you do you agree with them
now here's something that should prove
the point that things aren't so great in
fact the first clip that I'm going to
show you guys was released weeks ago all
right Michael Downing is also happy with
the dollar store we met him checking out
eggs look at the price yes absolutely a
dollar fifty a dozen it's unbelievable I
mean that is probably a third of what
most other uh stores charge for them no
question a quick comparison shows eggs
are cheaper here than the area's grocery
stores which are all a significant drive
away the closest is the 30 minute round
trip Downing has a good job with a top
company but says he feels no Stigma
shopping in the discount store in fact a
recent report suggests discount stores
appeal to an Ever widening group of
American households with six figure
incomes are 15 percent more likely to
shop at a dollar store this year than
they were a year ago now you would think
that stores like Dollar General would
have a positive outlook with his news
right but just recently they saw their
shares in the stock market plummet after
they cut their outlook for this year as
they're seeing customers just pulling
back on purchases I mean like do you see
the writing on the wall with this one
within just a few weeks they had to say
oh shootings are actually getting really
bad out here that we're probably gonna
end up losing revenue and that's because
Americans households all over the
country are holding on to their money
for dear life and the same fate could be
actually said for the Dollar Tree as
they're also seeing their shares dip
down like who do you believe more in
this situation I'd really like to know
because the narrative is very very clear
it's just not that clear for our wallets
you know what I'm saying now before I go
I just want to thank you guys so much
for hanging out thank you for liking the
video thank you for subscribing and I'm
Gonna Catch You guys on the next one