Republicans Flee Unhinged California En Masse, Seeking ‘Redder Pastures’

‘We’re getting with people who believe in the same political agenda that we do: America first, Americans first, law and order…’

Republicans Leaving California En Masse In Search of 'Redder Pastures'

California state line into Arizona / IMAGE: Roslars via Youtube

(Claire Russel, Liberty Headlines) While much of the focus on California‘s mass exodus has been on left-wingers in Silicon Valley fleeing to tax-friendly areas like Lake Tahoe, Republicans are also leaving the unhinged blue state en masse, according to the Los Angeles Times. Continue reading

Texas Town’s Environmental Narcissism

By Chuck DeVore – Re-Blogged From For News

Political leaders in a college town in central Texas won wide praise from former Vice President Al Gore and the larger Green Movement when they decided to go “100 percent renewable” seven years ago. Now, however, they are on the defensive over electricity costs that have their residents paying more than $1,000 per household in higher electricity charges over the last four years.

That’s right – $1,219 per household in higher electricity costs for the 71,000 residents of Georgetown, Texas, all thanks to the decision of its Republican mayor, Dale Ross, to launch a bold plan to shift the city’s municipal utility to 100 percent renewable power in 2012 when he was on the city council.

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We Can Eliminate Fossil Fuels, No Problem!

By Andy May – Re-Blogged From WUWT

French President Macron has implemented a new fuel tax to discourage drivers from burning fossil fuels in their cars. The resulting higher fuel prices have caused more than 250,000 people to protest, with some rioting. Polls indicate that 62 percent of the population think that prioritizing man-made climate change over fuel prices is wrong. The rioting has led to two deaths and over 600 injured. Almost 100 police officers have been hurt.

Macron’s popularity has sunk to 21 percent in a warning to other leaders who try to fight climate change with higher fossil fuel taxes. While Macron is unpopular for many reasons, the increase in gasoline taxes was the spark that ignited the protests and rioting.

Figure 1. Riot police facing the “yellow jacket” demonstrators in front of a burning barricade in Paris on November 24, 2018. Source: News.com.au.

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Housing Bubble Pathologies, Part 2

By John Rubino – Re-Blogged From Dollar Collapse

Home prices are still rising pretty much everywhere in the US, with California as usual leading the way. State-wide, the median CA home is now above $600,000, up 9% year over year. In San Francisco County, homebuyers are paying an average of 18% above the asking price, and price per square foot is now more than $1,000.

Even Silicon Valley residents, who are used to this kind of thing, are finding it remarkable. See ‘Facebook is taking everything’: rising rents drive out Silicon Valley families.

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Pension Crisis In US And Globally Is Unavoidable

By Lance Roberts – Re-Blogged From http://www.Silver-Phoenix500.com

There is a really big crisis coming.

Think about it this way. After 8 years and a 230% stock market advance the pension funds of Dallas, Chicago, and Houston are in severe trouble.

But it isn’t just these municipalities that are in trouble, but also most of the public and private pensions that still operate in the country today.

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Oil Town Americans Late on Car Loan Payments

By Matt Egan – Re-Blogged From CNN Money

Stress in the oil industry is starting to contaminate other parts of the American economy.

For the first time since oil prices began crashing in mid-2014, banks polled by the Federal Reserve are warning of a “spillover” effect onto loans made to businesses and households in energy-dependent regions of the country.

Senior loan officers of nearly 100 banks acknowledged that credit quality has “deteriorated” on everything from auto loans and credit cards to commercial real estate mortgages. Translation: More people aren’t paying and delinquencies are rising.

It’s a sign of how the deep spending cuts, mass layoffs and even bankruptcy filings in the oil patch are inflicting real pain in certain energy-focused states like Texas and North Dakota.

Some large U.S. banks have individually warned of early signs of so-called contagion.

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Immigrants and Welfare

By Cathy Burke – Re-Blogged From http://www.NewsMax.com

Half of immigrant households, both legal and illegal, received some kind of public assistance in 2012, compared with 30 percent of non-immigrant families enrolled in welfare programs, a new report shows.

According to the Center for Immigration Studies’ 52-page study, which examined the Census Bureaus’ Survey of Income and Program Participation data, welfare use rates are “a good deal higher than use rates shown by other Census data.”

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