tv ABC7 News Getting Answers KGO June 6, 2024 3:00pm-3:31pm PDT
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yes, ahh!! mom: what is going on with you? get out! andy! get out of my room! get out! mom: andy. fight! fight! i didn't say anything. yes you did. ♪ (ominous music) ♪ ♪ (ominous music) ♪ good afternoon and thanks so much for joining us for getting answers. i'm julian glover. today. san francisco is once again serving as an election fundraising ground. but this time the out of town visitor is the presidential candidate and former president himself, donald trump. he's in phoenix, arizona right now. then he's expected to
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fly to san francisco right after that. it will be his first visit to the bay area since being convicted of 34 felonies. that happened last week. and of course, the preparations for his arrival are already underway. you see, the supporters there really getting excited along with the protesters, too, and the host of his fundraisers. they are all getting ready. we have team coverage this afternoon with abc seven insider phil matier in studio with me. we'll get to him in just a second. but first up, we want to get to abc seven news reporter luz pena. she's at the marina green, where those trump supporters are gathering right there. hi. loose >> hey, julian. there's at least 100 trump supporters behind me here in the marina district. you can hear a lot of clapping, a lot of cheering, a lot of people waving flags that read make america great again. many of these supporters left their homes hours ago just to be here, hoping to get a glimpse of the former president, donald trump, when he makes it to san francisco for this fundraiser. i spoke to a woman, actually, who made it to this fundraiser, who
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made it here to the marina district from hagath. she left her home at 6 a.m, hoping to get a glimpse of the president as we know this fundraiser. the prices range anywhere between 50,000 to $500,000, so those who cannot make it to the fundraiser are here hoping to see the former president make his way up the street for this fundraiser, live here in san francisco. luz pena, abc seven news luz us out there at the marina green. >> we appreciate it. thank you so much. joined now by abc seven news insider phil matier. we appreciate you joining us with your insight and perspective. as always, we'll get to the men that are behind the fundraiser that trump will be attending today. but let's talk about the importance of this fundraiser for trump. he's already doing a good job raising money, raised more than $140,140 million dollars last month alone. does trump even need the bay area in the same way that democrats need to stop here in the bay area to get that money? you know, i've got to be honest with you, i'm
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not sure either side needs the money. >> okay. it what we're seeing here between yesterday's visit by vice president kamala harris and today's visit by trump, donald trump is how politics has evolved in the united states and in california to where it's a lot of it's about money. i mean, honestly, do you think how many voters out there don't know who donald trump is or don't know who joe biden is? >> yeah. name recognition always one of the toughest things for candidates. neither one of them. their mind. >> poll after poll shows that it's a neck and neck. but we have become this money raising machine in the name of politics. you can't pick up your cell phone donald trump was convicted of 36 felonies or 39 felonies, bam! people cell phones went off on both sides saying contribute, contribute, contribute. so how important is it? he's going to probably make about $20 million tonight at the david saxe house okay $20 million for one stop. that's important. and because he's also trying to show that he has strength. that's what donald trump wants to show after his conviction as he has not
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diminished at all. and that's what coming to san francisco is about as well. you go right into the heart of the blue. you get attention, you get money, you score points. president biden and vp harris, they're trying to do it as well, but they're guaranteed money. but it's interesting to note, you know, one of the big questions is who's going to draw the biggest amount of protesters. is it going to be donald trump or was it kamala harris vice president yesterday? who's the gaza and palestinian protesters showed up there and were were shut down the place exactly in the same way. >> they showed up in a really big way when biden was here, end of last year for the big apex summit as well. i want to zero in on what you were just mentioning. when it comes to the former president and those 34 felony counts that he was convicted of last week by a jury of his peers, we do want to point out that would be a career ender. that would have been a political nightmare for practically any other candidate running for president. but for him, he comes out looking tougher. as you mentioned, he's using that to raise money. there
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are people that are going to be at this dinner tonight. can we can we just roll the tape back just a little bit? >> if you want to say, can you believe it. yeah. what was the first thing that donald trump did with his mugshot when he was arrested? >> he put it on t shirts and he sold them. >> okay. so what we are seeing here is people say, i can't believe i'm seeing this in politics, that would have somebody would have hung their head in shame for paying off a star to keep quiet and slunk away into no, that's not america today. that's that's pre kardashian america. we're in post kardashian america. >> is that how the history books will remember it pre and post? >> kardashian can you you want to explain it i mean it started you can say goes back to bill clinton and it goes back to monica lewinsky. what is the shame factor or what is the turnaround factor. but it doesn't counts though. >> i mean for anyone else, despite the party that even before going into that, you have to understand that the even the charging of donald trump has become so politicized, it has become such a debating point between his supporters and
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detractors. >> is this is he being charged fairly? is he being treated fairly? that jumps over a lot of what you're talking about. when the by the time the verdict was delivered, everybody was already past it and moving on to the next thing. sure. and this is this is an election like we've never seen before. and this is the third time i've had to say that eventually we'll get tired of saying we're living in unprecedented times, right? >> but we continue to do that at a mindbending clip. >> we've never had a situation that i can recall where we've had a former president go out of office for four years and come back and be the party nominee again, at least in modern communication times. we haven't had a situation like like this, a presence of donald trump going on, what, 14 years, starting with the antagonizing of former president barack obama saying he was he has been in the news every day for how many people have grown up under the trump years? >> you know, you could be 14
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years old and you never knew without donald trump. and so that's one of the questions that, you know, the police are trying to decide is, is what's the protesting amount? where's the trouble going to be sure, bets are 5050. you know that trump is like yesterday for the for these young protesters. it's palestine now. it's we move from event to event to event and who's going to show up. people over 40 i don't know. yeah. >> well time will tell if it will be like his not so warm reception back in 2016 when he had to get out of the car and san jose. >> exactly. that's the change. and david sachs, who was hosting this event and, cometh, yeah. >> chamath palihapitiya there we go. >> yeah, there, on youtube and such and podcasting, talking about how they haven't received blowback and oh, by the way, they'll invite joe biden for a fundraiser, too. they just want to be part of the process. exactly. >> and they're all in podcast. i do want to talk about these guys. do you think that the tech leaders here in silicon valley are trying to cozy up to donald
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trump to make sure that they aren't left out of the party? like many of them? i believe were in 2016, where no one they didn't think trump was actually going to win the president. >> what was the first thing that trump did when he got elected? >> yeah, he invited them all to the white house for a big tech conference. what we have here is, is we have people whose politics are based on ideology. we also have people whose donations are based on business. and don't ever forget that business is a part of government. government regulates business. what is tech interested in? taxes, tax breaks? what are they? the federal trade commission rulings on on on apps and such like that. crypto and the crypto economy where biden, you know, vetoed pieces of legislation on that. so there's that business component where trump might appear to be more libertarian, more open, more friendly to the cowboy days of silicon valley. >> let's remember that trump did say that he was going to ban tiktok, and now he's starting an account on it. >> so. right. exactly i mean, it just it goes on and on. and you throw these the silicon valley
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people are different than past contributors who would go for one, david sachs, for example, has contributed to robert f kennedy jr. and he's contributed to other democratic candidates. so we're seeing this, i money and politics like we've never seen before. yeah. it's a free full fall fall out there and everybody is involved in it and they're raising money. and you said, are you currying favor? currying favor with donald trump has a lifespan of what, a flash bulb? i mean, even for his most loyal people in his camp. >> right. >> on the other hand, you give money and give money to joe biden, and he can turn around and go the other way as well. that's it, is one's personality, the other's principle, if you want to call it that. but money has always been in san francisco, has always been, and it's always been a surprise to people that there's that much money in california and in san francisco for republicans, even for trump. >> and like you said, he'll make, what, 20 million tonight, let's talk about those core loyalists. when it comes to
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trump and the veepstakes, we know that there are a number of people in his fear that are all vying to be vice president of the united states. we know that he's coming from phoenix, arizona, where he has already endorsed kari lake to be senator there. who do you think is on the short list? who do you think actually has a chance as we're, what, 4 or 5 months out from the election now, i'm not sure we're going to know when they show up in milwaukee. >> donald trump is the master of holding things. and who would have thought that he would have picked mike pence last time around after, you know, he lost his election? he was basically written off. i will say this for all the people that we are talking about, possibly being his vice presidential people, we look at them as rising stars. sure. don't kid yourself. there's only one star in donald trump's universe and one star in his movie, and the co star is not going to get the spotlight. so don't i don't think it's going to be somebody that's big. sure it's not. he's not looking
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for a hand up. he's looking for, you know a hand off. >> yeah. because of course in his orbit donald trump is both the sun and the moon. >> and in president joe biden's, we're seeing this week with kamala harris coming to the bay area. another california. they're trying to promote her in a more positive. remember her numbers are not good either. sure. once you get outside of san francisco and even in san francisco, which people say, you know, san francisco is this, san francisco is that i was at once at a couple of years back. i was at a dreamers and a immigration event in the bay view, where nancy pelosi wound up being held hostage by demonstrators in san francisco. we turn out to make noise about everything and anyone we just do. and you know, the nature of the bay area republicans don't like to come to san francisco. democrats are nervous about coming here as well. and we'll see. and by the way, maybe today we will get a return of the giant 33 foot inflatable trump chicken on the bay. >> they have it there, ready to blow it up. they're blowing it up right now and i think we'll be seeing it at the marina, danielle morton said that she's
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the one one of the backers of that and organizers. >> we can protest, but we also have to keep our sense of humor about this and our perspective about this, that it is. this is part of the process, and you have to poke fun at it. and also realize that that this is money and this is politics. and maybe that is the issue here as much as the personalities involved. >> abc seven news insider phil matier we always appreciate your perspective on the politics. appreciate it. thank you phil, and we're not done with our coverage of donald trump's visit to san francisco. up next, we're talking about the man some call tech's biggest trumper. our partners from the sf standard will join us to discuss theis silicon money man behind tonight's
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in the largest home insurance company in california, announced it would not for new policies for about 30,000 customers. while it seems like the company has changed course, kind of. state farm now says some of its customers can keep their policy. but there is a catch they must also sign up for the california fair plan for fire coverage, which is a state created but privately run insurer of last resort. joining us live now to talk about all of this is michael soller with the state department of insurance. michael, we appreciate your time. thanks for being here. >> thanks for having me on. >> so to simplify this state farm is basically offering a limited coverage policy. explain to us how this works. >> that's right. you know, a lot of people in california probably have never heard of the california fair plan. and as you said, it is state created, but it's not run by the state of california. it's a private association. they will write you a policy if nobody else can. and the fair plan has been growing in california over recent years
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as we've experienced these major wildfires. so what state farm has done and the department of insurance authorized state farm to offer what's known as a difference in conditions policy and basically creating options for insurance is one of our top priorities during this time of insurance crisis in our state. and so what it does is if state farm policy holders who are non-renewed, who lose their coverage, if they can't find coverage through another company, a traditional company, they can find it through the fair plan. but to have that coverage that they used to have, that they expect for water damage and for liability, they need to have an extra policy. and it's called a difference in conditions policy. and that's what state farm is going to start offering to its non-renewed policy holders, effective now. >> certainly some good news for those policy holders who thought that they would be without insurance and were wondering what they would do. of course, as we begin to think about fire season even earlier this year. let's talk about the cost,
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because i guess second to wondering if you're actually going to be able to have coverage is how much is it going to cost me? so will there be an increase in the amount of money that folks should be budgeting for that insurance if they have to have this fair plan? >> that's a great question. so first of all, at the department of insurance, we want people to have the best coverage. we want them. and traditional comprehensive homeowner's coverage is often that's really the best coverage you can have. like i said, the fair plan is really a limited policy and it comes at a higher cost. so the first thing we urge people to do is contact the department of insurance. we can help you. it's not enough these days really just to search for insurance. you really have to hunt for it. and we can help you with that. we have a number of tools, so don't settle for the fair plan is my first piece of advice. if you have other options, and many californians do have other options. but we know that there are parts of the state increasingly where insurance companies won't write a policy at any price. we're working to
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change that. but for now, if you have to be on the fair plan, expect that it's going to be a higher cost policy. that difference in conditions policy, though, is something you should consider because it really does cover you. our data shows that about half of californians who have the fair plan do not have a difference in conditions policy. and so when a winter storm strikes or even just a burst pipe, they don't have coverage for that. they are covered for wildfires, they are covered for house fires. so that's an important fact to understand about the fair plan. it's limited and it does come at a higher cost. >> michael. that's a really good point there. and of course, you always want to know what kind of coverage you have before you actually need that coverage. the last thing you want to do is call the insurer, think that you can file that claim, and then they tell you you actually don't have coverage for that. we know that several other insurance companies, like state farm started to follow their suit after they notified folks that they were going to have to cancel policies because of this extreme fire danger. do you think that many of the other insurers might begin to reverse
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course and offer part of their coverage, along with the fair plan? >> well, we have a number of companies in the state that do offer what's this, this difference in conditions policy. we've also we've been doing a lot of work here at the department, you know, as we've seen companies limiting coverage , we've also seen some companies expand their coverage. so farmers insurance uh- just recently said they're going to start writing commercial coverage, including for apartments and homes. so that's a real significant that's good news. farmers is the biggest homeowners company in the state. so they're going to be offering some new policies. we also saw mercury insurance say they're going to pick up policies that were dropped by another smaller company, a company called tokyo marine, that was reported so they're going to pick up policies. so and we did we did have uh- allstate say in a recent hearing that we held that they're going to come back and start writing policies as soon as we finish the regulations. we're working on this year. so there's options on the way. we you know, and really, for folks
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who are wondering what to do, we urge them to call the department of insurance at 809 274357 or come to insurance dot ca.gov and you can do online chat with us and we can help you really scour the market, because there may be companies out there that that you hadn't thought of that can write you a coverage that is certainly good news, that there are many options out there that homeowners can potentially turn to. >> and we know so much of this is stemming from california homeowners facing uh- really increased risk when it comes to fire danger. what else is the state doing to try and create more options for homeowners out there? >> well, that's a great topic because you're absolutely right. we have to, in the state, drive down the risk of wildfires. and so the incredible investments that the state of california has made in wildfire risk reduction, often those are going to help the insurance situation as well. they're going to keep people safer, and they're going to help people keep their insurance. there's also steps that, you know, the commissioner, lata
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insurance commissioner ricardo lara, urged congress to take some steps because there's also any investments that we make in our federal forests can really help the situation. we know that 58% of california's forests are actually controlled by the federal government, only 3% by the state. so there's a lot we can do as a state, but there's a lot that the federal government can do to help with these overgrown forests. and that's going to help the situation as well. so there's a there's a help on the way, but obviously there's a lot more that we need to do just to focus on wildfire safety in the state. >> mike soller with the state department of insurance, we really appreciate your time letting homeowners out there know what options they do have available to them. thanks for being here. >> thank you for having me on. >> still to come here on getting answers. we're going back to our coverage on donald trump's visit to the bay area. our partners with the sf standard will join us to
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from our media partners at the san francisco standard and joining us live now is josh cain. josh, we appreciate you as always. thanks for being here. thanks for having me. let's start with the man hosting tonight's fundraiser for trump, david sachs, who is he and how did he make all his money? >> david sachs is a very wealthy tech investor. he was actually part of what was called the paypal mafia, which is kind of the original members that launched paypal. he then went on to start other companies and is now involved in a company called glu. he owns properties in jackson square in san francisco, and so he has a lot of diverse financial interests and now one of them is funding trump's campaign for president. yeah. and he's been a fixture in silicon valley for a while now. >> how is sachs risen in the ranks to become one of the loudest trump supporters in all of silicon valley? >> well, one of the ways to be the loudest supporter of trump is to just keep talking all the
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time. and david sachs is pretty prolific on twitter, which was purchased by his friend elon musk, who also started up at paypal. he's also got a podcast. sachs does called the all in podcast, which he hosts with other people in tech, and he is consistently sounded off on a lot of different issues, not only in the business space, but also when it comes to foreign foreign affairs and national politics and he has supported many different candidates over the last year. and now is landing on trump, who is the likely republican nominee. >> sachs actually tweeted after trump's conviction on 34 felony counts last week, that trump has a lot of supporters in silicon valley. many just are afraid to admit it. have you all found that to be true in your reporting, when i it depends what your definition of many is. i think for the majority of people in the bay area, trump is not well liked. however, what we did find in the reporting is that people like sachs, who are very wealthy and have a very
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firm views about the way that their wealth is policed by the federal government as well as issues abroad. there is a growing number of billionaires and wealthy people like sachs, who are warming up to the idea of trump. and the question is why? many people have ideas that it is related to increasing their own wealth, rather than their stated goals about public policy. but that is, you know, up to each individual. and i think, you know, what trump is doing by this visit is trying to send a signal, you know, kind of own the libs on their home turf, whether or not that actually means people in san francisco and the bay area are lining up to support him. i'm a bit dubious. >> we only have a few seconds left here. josh but i know you all went. doorbell ringing up and down the street in pac heights, where tonight's fundraiser will be for trump. what do people tell you? only about 30s here. >> yeah, we rang 39 doorbells in billionaires row, which is the very wealthy pacific heights neighborhood in which david sacks lives, where trump will be
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visiting tonight, reviews were mixed. some said they thought trump is full of bs. and then they also said they're going to vote for him. and others were just annoyed that they're going to be disrupted by protests and secret service. so a lot of different feelings. most people a little just perturbed. >> okay. well, josh cahn, senior reporter over at the sf standard, we'll have to leave it at that. we appreciate you joining us. thank you. you can always check out more of the san francisco standard's other original reporting on their website, sf standard.com. and abc7 will continue to bring you more segments featuring the standards city focused journalism twice a week rig heht on getting answers at
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in about an hour, the boston celtics take on the dallas mavericks for game one of the nba finals. and of course, abc seven is your home for all of the nba finals action coverage starts at 5 p.m, followed by after the game with sports director larry beil, who will be joined by a very special guest. we have warriors guard brandon paczynski. then you can catch wheel of fortune at nine and jeopardy! airs at 930, followed by a special edition of abc seven news at ten. we'll also see you for abc seven news at 11. thanks so much for joining us for getting answers on this busy tonight, from normandy, a special edition of "world news tonight." honoring our heroes. the world war ii veterans who stormed the beaches of normandy 80 years ago today. tonight, my exclusive interview with president biden. what the president said here today about the bravery of thousands of american sons who stormed the beaches here 80 years ago.
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