『Raising Expectations, October 13, 2026』のカバーアート

Raising Expectations, October 13, 2026

Raising Expectations, October 13, 2026

無料で聴く

ポッドキャストの詳細を見る
Raising Expectations with Pastor Joe Schofield California's Fraud Epidemic, Broken Education Spending, and the Race for State Controller with Herb Morgan Pastor Joe Schofield, with co-hosts Stephanie Thayer and Ron Greer, welcomes Herb Morgan, a finance executive running for California State Controller, for a deep dive into fraud, wasted spending, and broken promises in Sacramento, and what accountability could look like if voters choose him. Opening Prayer and Team Introductions Pastor Joe Schofield opens the Monday broadcast of Raising Expectations by thanking listeners for tuning in and restating that Jesus Christ died on the cross to pay for sins, so that expectations can rise in daily life. He introduces his team across the country: Dr. Paul Hall in Lompoc, California; his wife Melva, a graduate of Southwestern Seminary; Stephanie and Craig Thayer, newly returned from their anniversary trip in Dalton, Georgia; and Ron Greer in McKinney, Texas. Schofield tells listeners the program has been hearing from people in many states who are watching California's upcoming election closely. He then introduces the evening's guest, Herb Morgan, a candidate for California State Controller, describing him as phenomenal and quoting Morgan's own words that a controller should expect proof, show work, and respect the taxpayers who fund government. Schofield welcomes Morgan with applause and asks him to introduce himself before turning to questions on fraud, unclaimed property, and federal taxes. Herb Morgan's Path to California and Finance Career Herb Morgan tells the story of arriving in California on his first birthday in 1967, when his family drove across the country from the East Coast and stopped for a small birthday party at a rest stop before settling in Orange County. He describes attending public schools when California's system was ranked number one in the country, then graduating from the state's public university system before building a career in finance. Morgan says he founded and grew several companies, eventually selling his last one to a major Wall Street firm and serving nine years as its chief investment officer. He also volunteered twice to chair the San Diego City Employees' Retirement System, helping turn around a pension plan that had fallen into financial disarray. On a personal note, Morgan jokes that he has barely seen his wife, Mary, during the campaign as they approach their thirty-fifth wedding anniversary. Now retired from finance, he says it is his time to give back, asking Californians to put him in as controller. The Scale of California's Budget and Affordability Crisis Morgan lays out the scale of California's government, noting the state has 40 million people and 23 million voters, and that its economy would rank as the world's fourth largest if it were a nation. He says the state budget has nearly doubled in ten years, from about 180 billion to 352 billion dollars, a sum he illustrates by noting that 352 billion seconds would equal more than 11,000 years. Despite that wealth, Morgan says California ranks near the bottom of all states in affordability, citing gasoline near seven dollars a gallon, diesel approaching nine dollars, electricity double the national average, and homeowners' and health insurance costing more than anywhere else. Stephanie Thayer adds that her friends with ranches now have to choose whether they can afford to drive their diesel trucks. Morgan says new homes carry roughly two hundred thousand dollars in litigation, permit, and impact fees, and that the state ranks fiftieth in places to retire, start a career, public safety, and pollution, despite spending more per person than any other state. Fraud, the Homeless-Industrial Complex, and Controller Powers Morgan argues that California's rising spending has not produced results because of widespread fraud, describing research he conducted for gubernatorial running mate Steve Hilton that found 425 billion dollars wasted or lost over five years, based on the state auditor's own agency reports. He points to the homelessness programs as the clearest example, explaining that the state funds nonprofit agencies without requiring fund control or follow-up audits, and notes that the current state controller's own deputy was recorded admitting fraud is widespread and that politicians do not want it found. Morgan explains that the controller's constitutional duties include pre-auditing all state spending, post-auditing programs for performance, managing unclaimed property, and sitting on roughly seventy boards and commissions, including the Franchise Tax Board, the Coastal Commission, CalPERS, and CalSTRS. He contrasts his finance background with that of current controller Malia Cohen, a former mayoral aide and county supervisor whom he calls kind but inexperienced in audit and accounting work needed to protect the treasury from fraud. Education Spending, the Corey Jackson Grants, and Jobless Numbers Morgan turns to ...
adbl_web_anon_alc_button_suppression_t1
まだレビューはありません