Newsom Won't Cut Ties To Homeless Fraudster Firm https://t.co/IntUQiAXGX
— zerohedge (@zerohedge) February 5, 2026
Borrowing from novelist James Hilton, who coined the word “Shangri-La” to describe a Tibetan utopia in a 1933 novel, Franklin Roosevelt gave that name to the peaceful retreat we know as Camp David.
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For California Gov. Gavin Newsom and Los Angeles Democrats, Shangri-La hasn’t become synonymous with a place that connotes peace on earth. It stands for a hellish homeless housing nightmare, eye-popping fraud, and the ease and scale with which con-artists rip off taxpayers.