Poor California- I Feel Sorry for Them...

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Poor California- I Feel Sorry for Them...

Postby Recyclersteve » Sat Sep 21, 2019 6:27 pm

I was watching a video about Hurricane Lorena...

https://www.youtube.com/watch?v=K_-Z1D4qlzs (Headlines with a Voice- by Nancy Morgan Hart- Youtube- 9/20/19- 4:54 long)

It could potentially become the first ever hurricane in recorded history to hit California as a full blown hurricane. The person narrating the video rattled off the following list of problems the state is experiencing (ranging from the very recent to those lasting an extremely long time):

1. Mudslides
2. Earthquakes
3. Floods
4. Catastrophic fires
5. Typhus
6. Hepatitis
7. Bubonic plague potential in L.A.
8. Fukushima radioactive waste (since Japanese earthquake/tsunami occurred in 2011)
9. Record homelessness
10. Crumbling infrastructure (including largest earthen dam in U.S.)
11. Engineered drought of central valley (water that could have been used on farmland)
12. Sanctuary state policies
13. Hamstrung law enforcement
14. History of photofraud ensuring socialists will continue to destroy the state.

And now? Ocean temps are as much as 6 degrees higher than normal, increasing the probability of a first ever full-blown hurricane (Hurricane Lorena) to hit California. (Editor: If Lorena misses the mark, Hurricane Mario isn't far behind.)

Pray for our friends in California. Also, hopefully Thogey won't have to worry about the population of the Prescott, AZ area exceeding the population of Los Angeles anytime soon. Sadly, if you think that people in Florida are concerned about people from the Bahamas (Hurricane Dorian victims) flooding the area, you ain't seen nothin' yet.

My thought: All we need is a bad recession and/or hyperinflation on top of this and we will have some really serious problems on our hand. Can you imagine real estate in Blythe, CA (a real dump of a place- sorry to sound harsh) being worth more than that in Beverly Hills? I know it sounds impossible, but I'd hate to be rich and have all or almost all of my net worth tied up in super richly valued L.A. or San Fransisco area real estate. I say this as someone who lived in the Bay Area in the early 80's for a couple years.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
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Re: Poor California- I Feel Sorry for Them...

Postby Thogey » Sat Sep 21, 2019 6:47 pm

Bull$hit!. California is a paradise and will continue to be so. Californians should stay and invest.
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
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Re: Poor California- I Feel Sorry for Them...

Postby Recyclersteve » Sat Sep 21, 2019 8:42 pm

Thogey wrote:Bull$hit!. California is a paradise and will continue to be so. Californians should stay and invest.


He said, tongue planted firmly in cheek.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
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Re: Poor California- I Feel Sorry for Them...

Postby coppernickel » Wed Sep 25, 2019 8:21 am

Recyclersteve wrote:
Thogey wrote:Bull$hit!. California is a paradise and will continue to be so. Californians should stay and invest.


He said, tongue planted firmly in cheek.


I have very strong negative emotions about Californios (refugees from the People's State of California who escape but want to make their new home into another People's State). None are nice enough to repeat in mixed company. The nicest thing I can say is, "Nancy Pelosi."
Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended.
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Re: Poor California- I Feel Sorry for Them...

Postby AGgressive Metal » Tue Oct 01, 2019 2:23 pm

The weather is wonderful, Northern California is nice. Its such a tragedy what SoCal voters and their politicians did to the state. Their migration to Portland has caused Oregon to be reliably blue - California voters fanning out across the West are like a plague of locusts.
And he that hath lyberte ought to kepe hit wel
For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
-Aesop's Fables, Caxton edition 1484

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