Californians have grown accustomed over the years to massively overpaying for public services and infrastructure projects. In fact, one has to look no further than Jerry Brown's two largest, ongoing pet projects, including the infamous 'High Speed Rail' and 'Delta Tunnels', for a couple of examples of California's complete obsession with wasting taxpayer money.
Authored by Robert Parry via ConsortiumNews.com,
Hillary Clinton has grown even more insistent that she was not at fault for her stunning election defeat last November, claiming that 1,000 Russian “agents” and their American collaborators were a decisive factor, a bizarre twist that further locks the Democrats into their evidence-light “Russia-gate” obsession.
Less than a month after the US Air Force successfully test fired two Minuteman ICBM missiles from California's Vanderberg Air Force base, which hit a target approximately 4,200 miles away at Kwajalein Atoll in the Pacific Ocean, today Pentagon officials said that the US will try to shoot down an intercontinental-range missile for the first time in a test next week, in "preparation for North Korea's growing threat." According to AP, the stated goal is "to more closely simulate a North Korean ICBM aimed at the U.S. homeland."
One of the frequent reasons cited for the failure of the US housing sector to rebound to its pre-recession levels, is the lack of household formation among young American adults and specifically the unwillingness, or inability, of Millennials, which last year overtook Baby Boomers as America's largest generation...
At the end of April, we showed that the California housing market is getting just a "little frothy" again, when in the span of a few days a simple 2-bedroom house sold for 40% above asking. Now, according to a recent analysis by CoreLogic it appears that this was not a one-off event, because as many Californians struggled to gain a foothold in homeownership early this year, they were hindered as a surging stock market and other forces lifted sales of $1 million-plus homes to the highest level ever for a first quarter.