California

The US Geological Survey has reported a magnitude 6.5  earthquake off the coast of Northern California The quake occurred in the Pacific Ocean about 100 miles off the coast of Eureka at around 6:50 a.m. on Thursday. The epicentre was 165km west of Ferndale, California, at a shallow depth of 10km ((6.2 miles) below sea level. There were no immediate reports of injuries or damage and no tsunami warning was issued. Earlier reports from the USGS said the earthquake was a magnitude 6.8 Two quakes of more than 4.0-magnitude have shaken California in the last week.

Earlier today the Kersten Institute for Governance and Public Policy highlighted an updated pension study, released by the Stanford Institute for Economic Policy Research, which revealed some fairly startling realities about California's public pension underfunding levels.  After averaging $77,700 per household in 2014, the amount of public pension underfunding for the state of California jumped to a staggering $92,748 per household in 2015.  But don't worry, we're sure pension managers can grow their way out of the problem...hedge fund returns have been stellar recently, r

Farmers in California have been ordered to stop their cows from farting, or face paying an unspecified fine by State regulators.  In an attempt to reduce methane emissions by 40 per cent in order to tackle global warming, California Governor Jerry Brown signed a new law regulating the amount of methane ‘allowed’ to be released from cows. According to scientists, gasses produced by cow farts are a major source of methane, a greenhouse gas that contributes to global warming.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

With Hillary already having proclaimed herself as the democratic nominee last night, NBC News just projected Hillary Clinton the winner of the California primary.

* * *

BREAKING: Hillary Clinton is the projected winner in California Dem primary https://t.co/d6eXWoZsRm #Decision2016 pic.twitter.com/P20kziZ0Tm

— NBC News (@NBCNews) June 8, 2016

* * *

With 91.7% reporting, Hillary Clinton was leading by a margin of 56% to 43% when Clinton was declared the winner.