ack in 2014, the California Legislature passed Senate Bill 207, which banned grocery stores from offering customers “single-use” carryout bags. Permanent implementation was delayed by a November 2016 voter referendum, Proposition 67, which unsuccessfully attempted to repeal the measure. Today it is well-established law. The only way SB 207 was sold to the grocery industry […]
“Black Swan: an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.” —Investopedia or decades there have been so-called “permabears” claiming that investment returns in the stock market were unsustainable. When the internet bubble popped in 1999, the permabears felt vindicated. But then, starting around 2003, the […]
he rains bypassed sunny California in January and February, encouraging talk of another drought. California’s last drought was only declared ended about a year ago, after two wet winters in a row filled the state’s reservoirs. To cope with the last drought, instead of building more reservoirs and taking other measures to increase the supply […]
odern urban centers around the world now have neighborhoods that house well over 100,000 people per square mile. The Choa Chu Kang district in Singapore, defined by boulevards lined with 10 to 12 story mid-rise residential buildings, has a population density of more than 125,000 people per square mile. The entire borough of Manhattan has […]
ow that financial markets around the world are experiencing a long-overdue correction, the best we can hope for is that we hit bottom before a deflationary cascade causes a worldwide depression. Those economists who believe in the long-term debt cycle may claim that this time the end has arrived, and they may be right. COVID-19, […]
ichael Bloomberg made a stunning admission last month during his second appearance in a Democratic presidential primary debate. Speaking in defense of his new identity as a member of the Democratic Party, he said, “All of the new Democrats that came in, put Nancy Pelosi in charge, and gave the Congress the ability to control […]
hroughout America and Europe, there are now fanatical millions who believe carbon dioxide emissions are an existential crisis of planetary proportions. CO2 terrifies them. What is frightening to the rest of us is how easily these millions are manipulated. Witness the ease with which opportunists direct the passions of this mob. Examples are endless and […]
“Welcome to the Hotel California, such a lovely place . . . Plenty of room at the Hotel California, any time of year, you can find it here . . .” —The Eagles, “Hotel California” or decades, California’s aristocracy has engaged in unsustainable feasting, as they consume the leviathan carcasses of what were for a […]
ading into the abortion debate is a perilous undertaking, but Senator Chuck Schumer’s (D-N.Y.) recent incendiary remarks cannot be ignored. “From Louisiana, to Missouri, to Texas—Republican legislatures are waging war on women—all women. And they’re taking away fundamental rights,” Schumer said last week at a rally in front of the U.S. Supreme Court. “I want […]