Episode 415: Shafting Shafter
National Review's Radio Free California Podcast
National Review
4.8 • 708 Ratings
🗓️ 3 November 2025
⏱️ 59 minutes
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| 0:00.0 | Behanveniados, that's California for welcome to the November 3rd edition of National Reviews Radio Free California podcast. |
| 0:19.3 | I'm Will Swame, president of the California Policy Center. You can find my colleagues in me at California Policy Center.org. You can find my friend and co-host David Bonson right here, right across the table. No kidding. He's an economist. He's the host of the Capital Record podcast. I don't know why I'm forgetting this. He's the author of the book, full-time, work in the meaning of life. And of he's founder of the eponymous investment firm, the Bonson group. Hello, David. Hello, Will. Good to be with you in person and good to be with our studio manager, Brian Tong. That's right. Filling in for Lucas. Hey, B. This is like the old days. Lucas is making a baby. You know, that part was already done. |
| 0:55.3 | They're delivering a baby. |
| 0:56.6 | Ah, thank you. |
| 0:58.4 | So, David, it was quite a weekend, and then tomorrow, of course, is Prop 50 Day. |
| 1:03.5 | But we'll get to all that. |
| 1:04.8 | The Dodgers clinched the World Series against Toronto. |
| 1:08.5 | Awesome game. |
| 1:09.6 | Sad to see anybody lose that series, really. |
| 1:12.1 | And then USC beat Nebraska in a really clunky performance in Nebraska. |
| 1:16.6 | Thanks to our listener out there, name undisclosed, who invited us to come and hang out |
| 1:21.7 | with her and watch the game. |
| 1:23.5 | Didn't make it. |
| 1:24.8 | But David, I think the really big news from the weekend was your star turn in |
| 1:30.0 | Bloomberg. I love this story, David. Can I just read the opening from Bloomberg? Oh, sure. |
| 1:38.0 | Okay, so here's the story. I'll put it in the show notes. It's New York's Golden Handcuffs, |
| 1:42.0 | why the city has a special hold on the rich, and it opens this way. |
| 1:46.5 | I kid you not, the first two words are David and Bonson. |
| 1:49.6 | David Bonson doesn't have to live in New York City. |
| 1:51.8 | His $8 billion wealth management firm, the Bonson Group, is headquartered in Orange County, California. |
| 1:57.3 | A conservative who's on the board of National Review magazine, Bonson finds the city's liberal policies contemptible. |
| 2:04.1 | Sounds like our David. |
... |
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