COUPLE OF MINUTES TO TALK ABOUT
THAT INCOMING STORM.
THE LATEST POLL SHOWING
GOVERNOR BROWN LEADING NEEL
KASHKARI 54 TO 33%.
DOWN IN THE POLLS, SHORT
ON
MONEY, NEEL KASHKARI HAS BEEN A
FORCE -- HAS
BEEN FORCED TO RUN
AN UNCONVENTIONAL CAMPAIGN.
WE HAVE IT IN IN THE --
HAVE AN
IN-DEPTH LOOK AT KASHKARI AND
HIS PLAN TO WIN.
TOOTH -- WALL STREET WAS IN A
FREEFALL IN 2008 SOME OF THE
BIGGEST BANKS GOING UNDER.
NEEL KASHKARI
CAME UP WITH A
$700 BILLION PLAN FOR THE
FEDERAL GOVERNMENT TO BAIL OUT
THE BANKS.
HE WAS THEN PUT IN CHARGE OF
MAKING IT WORK.
WE ARE MOVING QUICKLY AND
METHODICALLY.
I'M CONFIDENT WE ARE BUILDING A
FOUNDATION FOR A STRONG,
DECISIVE, AND EFFECTIVE PROGRAM.
THEY NEVER LEARN ANYTHING.
THE HBO MOVIE TOO BIG TO FAIL
PER TRADE HIM AS HENRY PAULSON
PLUS RIGHT HAND MAN.
-- HENRY
PAULSON'S RIGHT HAND
MAN.
SIMULTANEOUS PAYOUTS TO CEOS
AND CREDIT DEFAULT SWAPS.
THE GLOBAL POOL OF INVESTMENT
CAPITAL --
WE HAVE TO DO THIS IN
ENGLISH.
WE WANT TO LET THOSE BANKS
FAIL BECAUSE THEY DESERVED TO
FAIL.
BUT IF WE HAD ALLOWED TO --
ALLOW THAT TO HAPPEN, WE WOULD
HAVE SEEN 25-30% UNEMPLOYMENT.
TROUBLED
ASSET RELIEF
PROGRAM, OR TARP, MADE HIM
WELL-KNOWN.
PEOPLE ARE SAYING, WE NEED
HELP, CAN WE GET HELP?
HE GREW UP IN AKRON, OHIO.
HE STUDIED ENGINEERING
AT THE
UNIVERSITY OF ILLINOIS.
HE MOVED TO CALIFORNIA TO WORK
ON A TELESCOPE PROJECT.
LATER, HE WENT BACK
TO COLLEGE
TO STUDY BUSINESS.
WENT TO WORK FOR GOLDMAN SACHS
AND EVENTUALLY FOR THE TREASURY
DEPARTMENT.
I'M THE GUY YOU SEND IN WHEN
THINGS ARE BROKEN.
I SPENT THREE YEARS IN
WASHINGTON TACKLING THE WORST
ECONOMIC CRISIS FACING OUR
COUNTRY SINCE THE GREAT
DEPRESSION.
HE LEFT TO LAKE --
TO GO BACK
TO A CABIN NEAR LAKE TAHOE.
HE WENT BACK TO WORK IN FINANCE.
HE ASKED PRESIDENT GEORGE W.
BUSH WHAT TO DO NEXT.
THEN IN JANUARY, --
HERE
ON STAGE, I'M AM ANNOUNCING I AM
RUNNING FOR GOVERNOR OF
CALIFORNIA.
[APPLAUSE]
THE ANNOUNCEMENT CAME AS A
RELIEF TO THE REPUBLICAN
ESTABLISHMENT, WORRIED ABOUT THE
GROWING INFLUENCE OF TEA PARTY
CANDIDATE --
WHEN HE BEAT THE
CANDIDATE, MANY
YOUNG REPUBLICANS WERE ECSTATIC.
HE IS THE CANDIDATE WE HAVE
BEEN WAITING FOR.
HE CARES ABOUT PEOPLE.
HERE'S RENT -- HE IS REBRANDING
THE PARTY.
HE SUPPORTS SAME-SEX
MARRIAGE, ABORTION RIGHTS, AND
VOTED FOR PRESIDENT OBAMA IN
2008.
BUT HIS CAMPAIGN HAS FOCUSED ON
JUST TWO ISSUES.
THAT IS MY PLATFORM.
JOBS AND EDUCATION.
ON EDUCATION, HE WOULD EXPAND
THE ROLE OF CHARTER SCHOOLS.
A LOT OF THEM ARE INNOVATIVE
AND CREATIVE.
ON JOBS, HE WOULD CUT TAXES
AND LET WE'LL COMPANIES USE THE
CONTROVERSIAL PROCEDURE KNOWN AS
FRACKING TO DRILL FOR OIL IN THE
AREA OF THE CENTRAL VALLEY KNOWN
AS THE MONTEREY SHALE.
IT IS HUGE,
UNTAPPED
POTENTIAL.
HUNDREDS OF THOUSANDS OF GOOD
JOBS.
KASHKARI HAS BEEN NAMED
RELENTLESSLY OPTIMISTIC IN HIS
CAMPAIGN COMMERCIALS.
JERRY BROWN --
WHEN SHOWED HIM USING AND
ASKED TO TRIM THE HIGH-SPEED
RAIL PROJECT.
EVERY KID IN EVERY
NEIGHBORHOOD DESERVES A GOOD
EDUCATION.
IN AUGUST, --
I HAVE RUN OUT OF
MONEY AND
TURN TO A HOMELESS SHELTER FOR
FOOD.
HE WAS ABLE TO POSE AS A
HOMELESS PERSON FOR A WEEK AND
HAD NOBODY DIRECT SM -- NOBODY
RECOGNIZE HIM.
HE HAS FINANCED MOST OF HIS
OWN PEN CAIN -- CAMPAIGN.
THE ONE AND
ONLY DEBATE WAS
WIDELY CONSIDERED A DRAW.
YOU SIDE WITH THE UNION
BOSSES.
USED BE ASHAMED OF YOURSELF.
GOLDMAN SACHS --
WRECKING THE
ECONOMY.
HE HAS CREATED TWITTER
ACCOUNTS FOR HIS NEWFOUNDLAND
DOGS.
SINCE THE PRIMARY ELECTION, HE
HAS BEEN SEEN WITH HIS
GIRLFRIEND.
HE LIVES IN LAGUNA BEACH.
I LOVE LAGUNA BEACH.
THIS IS A SPECIAL PLACE.
IF I HAVE THE FORTUNE TO GO TO
SACRAMENTO, I WILL MISS LAGUNA
BEACH" COME BACK AND VISIT AS
OFTEN AS I CAN -- LAGUNA BEACH
AND COME BACK AND VISIT AS OFTEN