Could this happen to Manila? It is not because of flooding or forest denudation but because of over use of ground water by deep wells. Jakarta sinks at the rate of 25 cm per year, far greater than say 5mm per year at Venice. Indonesia tried putting up an alternative capital in Borneo. Who knows what happpened to this?
The thing is the river passing through the city carries with it pollution and filth
There is a possibility of an economic downturn and critics say this is not hypothetical nor prophetic It is happening right now.
1. California residents are exiting the state because of high prices of homes commodities, gasoline and in general high cost of living. They are joining their companies now exiting the state; estimated number about 800,000.
2. High tech companies those in Fortune 500 have exited the company. Reason: high cost of regulation, fines, high cost of fuel, and not so friendly to business any more regulatory environmnet
3. Exit, transfer of high value individuals (billionaire) due to the yearly tax on wealth (subsequently repealed. The billionaires put up a fund to wage war vs the measure using political and legal means The Gov eventually folded up and ordered the repeal)
4. Regulatory over reach affecting:
1. Fuel supplies
1. Huge fines to refineries. Two refineries accounting for 16% of CA fuel supplies closed down due to huge fines that were imposed;
2. The shortfall is being replenished by imports from Asia: Korea, Singapare and India
resulting in higher prices due to freight cost, which takes a month from the port of
origin.
3. Fuel prices have skyrocketed as result surpassing the projected $8.43 per gallon.
4. This has affected fuel prices in Arizona and Nevada which buys fuel from California
A traffic stop led to one thing after another leading to alleged involvement of local officials in many crimes: drug, human trafficking and many more leading to arrests and investigations. We only thought that this could happen in distant places or in 3rd world countries but not in USA.
An impeachment rap has been filed before Congress. Some quarters say it lacks form and substance and can easily be dismissed It was filed by a former lawyer of the first family. A ploy to pre empt future filing of impeachment raps?
Economic challenges are facing a state that has an economy second only to the United States.
Businesses are transferrring elsewhere and crisis after crisis are expected. TESLA and others are moving to Texas. Silicon Valley techno firms are leaving Silicon Valley - why probably because of policies from Sacramento
Some indicators:
1. Closure of two refineries producing roughly 200,000 barrels of fuel fueled by ambition to shift to EV, non polluting technology --->> will result in higher fuel costs even sidelining airline operations, affecting the fuel of military. Since all things are systemic, the ripple effect even NY and other fuel supplies in nearby states and all of US.
They were forced out due to stiff fines due to non compliance with emission standards.
It was reported that the state subsidized the battery research and EV manufacturers with $18 billion. while just supporing rise to 1% (from 2%) of EV user The refineries were just asking relief for millions of penalty.
2. 70,000 truckers planning to stop operations -->> will affect logistics and prices of goods
Independent truckers family owned are to be treated as employers and owners are to be taxed as owners being treated as employees and employee taxes are to be imposed. Assembly No 5
a. Freedom from employer control
b. There is no negotiation. If you take freight, you are an employee
If you resist, leave the state.
3. Closure of about 400 gasoline stations. They were to be upgrading the tanks and red tape prevented
them from upgrading. Local fuel supplies are compromised
4 Closure of hundreds of retail due to shift on law on shoplifting -->> affect access to daily necessities in rural communities. Theft shoplifitng of less than $950 is misdemeanor. Retailers experience up to 5% shrinkage of inventory have no choice except to close shop
4. Closure of farms due to change on policy on irrigation and fertilizer -->> will result in loss of income of farmers and food security across USA
Fmr Cong remarked on the birthday wish of story guru Kara David " sana mamatay na mga kurakot" that the said comment is inconsiderate and does not consider what the statesman is going thru. No wonder he did not win the gubernatorial election in his province, nor is he a congressman anymore.
1. KD did not mention anyone in particular
2. Can we speculate that the good Cong is saying its OK to steal in govt if one is undergoing a
crisis? Kaya OK lang ma picturean magvote buying?
3. Does this show his fitness to be leader of this country or even his town?
