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This is what it means to be Free in America

sovereignman.com / By Simon Black / May 1, 2013

May 1, 2013 Bangkok, Thailand

I really hate to be negative… but this is positively revolting. Disgusting. Indescribably offensive.

In the Land of the Free recently, a California couple had their child kidnapped by the state. At gunpoint.

It all started in mid-April [...]

California, When Gun Confiscation Starts, Don’t Let Them In The Door

freedomoutpost.com / By Dean Garrison / April 25, 2013

California inched closer to passing a gun confiscation bill last week. The bill returns to the Senate for some “non-controversial” amendments and then goes to the desk of Governor Brown. What the people of California need to realize is that this is all [...]

Utopian Union Fantasy: What If Every California Worker Made What City of Irvine Workers Make?

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Wednesday, April 24, 2013 1:59 PM

This is a guest post written by Ed Ring, editor of UnionWatch, a project of the California Public Policy Center. Ed Ring asks What If Every Worker Made What City of Irvine Workers Make?

Everything that follows is from [...]

Long live the rally in California home prices: How much momentum does the current real estate run have? A market where heartfelt letters are required begging sellers to offer you a Great Depression built home for an outrageous price.

doctorhousingbubble.com / April 20, 2013

However you want to slice it, median or repeat same home sale prices the price of a home in California went into the stratosphere over the last year. The psychology has now shifted to full fledge mania where people think they are going to be priced out but some are [...]

The mix in California real estate – Did the median price go up by 28 percent in one year?

doctorhousingbubble.com / By Dr. Housing Bubble / April 17, 2013

The median price for a home is a useful measure in more stable markets. However, this current market is anything but stable especially for California. That is why according to the California Association of Realtors, the median price for a home in California went up [...]

Californians: Prepare For A 50% Hike In Pension Costs

zerohedge.com / By Tyler Durden / 04/16/2013 23:09

It is no surprise that pension funds in the US are significantly underfunded (median 72% funded). California Public Employees’ Retirement System (CALPERS), specifically, is about 26% short of meeting its long-term commitments. Like most major pension funds, it uses smoke-and-mirrors to avoid this yawning gap by [...]

San Fran Fed Blames High California Unempolyment And Rising Poverty On Highly Efficient Workers

zerohedge.com / By Tyler Durden / 04/15/2013 14:26

For the past three years we have been pounding the table on one very simple fact: when it comes to jobs, there is a quantitative picture, which is often muddied by seasonal adjustments and political narrative but which the mainstream loves for the simply, clear plotline: [...]

California and the middle class illusion: California and a state of two extremes.

doctorhousingbubble.com / By Dr. Housing Bubble / April 2, 2013

Middle class families in California have faced many challenges over the last few decades. One of those challenges has been the roller coaster movement of the housing market. What is clear from many readers of this blog is that many are seeking to buy or [...]

Where (in the States) Can You Find Freedom?

lfb.org / By Douglas French / April 1, 2013

If you’re looking for freedom, which state should you live in? Government oppression at the state level comes in various forms and levels. Since Galt’s Gulch doesn’t exist, people must prioritize the state intrusions they can live with. For those valuing freedom, the [...]

Stockton Becomes Biggest US City To Declare Bankruptcy (It’s Official)

zerohedge.com / by Tyler Durden / 04/01/2013 15:24 -

A mere nine months after we first discussed the inevitability of Stockton, CA.’s bankruptcy, a judge has ordered today that the city will now become the most populous in the US to be declared bankrupt.

*STOCKTON CREDITORS DIDN’T NEGOTIATE IN GOOD FAITH, JUDGE [...]

Inside the Three Strikes Project: An Inmate’s Letter

rollingstone.com / By Matt Taibi / March 28, 2:30 PM ET

I had to leave a thing or two out of our new article in Rolling Stone on California’s insane mandatory sentencing laws, “Cruel and Unusual Punishment: The Shame of The Three Strikes Laws.”

The piece was based largely on interviews I [...]

Cruel and Unusual Punishment: The Shame of Three Strikes Laws

rollingstone.com / By Matt Taibbi / March 27, 2013 7:00 AM ET

On July 15th, 1995, in the quiet Southern California city of Whittier, a 33-year-old black man named Curtis Wilkerson got up from a booth at McDonald’s, walked into a nearby mall and, within the space of two hours, turned himself [...]

Hypothetical family goes shopping in low inventory California housing market. How a $150,000 household income looks tiny in high priced middle class neighborhoods.

doctorhousingbubble.com / By Dr. Housing Bubble / March 16, 2013

Housing inventory in California is back to levels last seen in the late 1990s and for certain areas, the hunger to purchase is intense. Regular buyers are competing with an entirely new ballgame of potential suitors for the few homes available. Sales are not surging. [...]

Gun-confiscation program seen as ‘model’ for nation

wnd.com / March 15, 2013

A California law that allows authorities to track down gun owners who lost their legal rights to keep their weapons — and then confiscate those firearms — is being heralded as a model for the nation.

Individuals who legally purchased guns but are later considered disqualified, are identified by [...]

California Homeowners Bill of Rights pushes foreclosure starts down to levels last seen in 2005.

doctorhousingbubble.com / March 1, 2013

When it comes to buying a home, the average buyer is at the mercy of what is available on the market. Typical buyers do not have access to REO portfolios or early knowledge of short sales that will turn out to be screaming deals. The current market [...]

California goes Full Bore Polish Pistol

johngaltfla.com / By John Galt / February 28, 2013 20:55 ET

Really California? I know you elected Governor Moon Beam because pot was legal and y’all can get so wasted that your brain cells melt together into a funky cinnamon flavored tapioca pudding, but this one almost takes the cake (sorry, bad phrasing, I [...]

About That Surprise California Budget “Surplus”: There is No Surprise and No Surplus Either

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Tuesday, February 19, 2013 1:50 PM

Last month writers were all aglow on the state of finances in California. For example …

The Christian Science Monitor reported Surprise! California has a budget surplus Reuters reported California Governor’s budget has surprise: a surplus

Accounting Anomaly

Today we learn [...]

‘Virginia in the Vanguard’: California and Texas should also cast coins

thehill.com / By Bernie Quigley / 02/08/13 09:13 AM ET

“It’s starting to look like Virginia could yet emerge in a leading role among the states in respect of monetary reform,” say the editors of the New York Sun. “The lower chamber of its general assembly has passed a bill to underwrite [...]

California Tax Hike Sparks Millionaire Migration

breitbart.com / By Wynton Hall / 1 Feb 2013

In a desperate attempt to get California’s budgetary nightmares under control, Democratic Governor Jerry Brown pushed for a tax hike plan last November to increase the state’s overall tax rate on millionaires to the highest in the nation at 13.3%. But now, experts say Brown’s [...]

Can you live in California on a $60,000 a year household income? Living the middle class lifestyle in California on $60,000 a year.

mybudget360.com / By mybudget360 / January 26, 2013

Can you live comfortably in California making $60,000 a year? It really depends on what you define as comfortably. We should note that the median household income in the US is $50,000 and in California it isn’t much higher. California gets a notorious wrap of being an [...]

Here’s a great question worth asking yourself–

sovereignman.com / By Simon Black / January 24, 2013

What would you do if you hit your breaking point… tomorrow? Where would you go? What would you do with your time and resources? It’s a great question worth asking.

Some close friends of mine have been in town for the past few days [...]

Golf star Phil Mickelson may bolt California over taxes; Time to Send Taxifornia a Message

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Monday, January 21, 2013 3:40 PM

Golf star Phil Mickelson has had enough of California taxes. He totaled up Federal and California state taxes and came up with 62%.

What about sales taxes? Regardless, he has finally had enough of Taxifornia.

Fox News reports Teed off: [...]

California housing inventory disappears into the sunset: Large metro areas of California are witnessing declines of 50 to 70 percent of houses for sale from last year.

doctorhousingbubble.com / By Dr. Housing Bubble / January 13, 2013

Since 2009 all cash buyers have purchased roughly one third of all Southern California home sales. This is a significant number and unlike the early 2000s, many of these buyers are looking to hold onto properties as rentals. A good portion of buying has come [...]

Two People Shot In California High School

zerohedge.com / by Tyler Durden / 01/10/2013 14:01 -0500

With gun tzar Joe Biden expected to propose his “gun recommendations” to Obama by next Tuesday, a proposal which will certainly involve some additional measure of gun control, the last thing the nation needed was more gas being poured into the fire today. Yet that [...]

Panic In California As Thousands Of Food Stamps Cards Suffer Brief Outage

zerohedge.com / By Tyler Durden / January 9, 2013, 16:53

This past weekend, as part of a system update to the CalWIN software of California’s Social Services department, HP accidentally cancelled EBT cards for some 37,000 Californians. We can only imagine the resulting panic and the scramble by all these Californians who suddenly [...]

The 2nd Amendment Is Under Attack: California

market-ticker.org / By Karl Denninger / January 8, 2013, 12:08

Richter 9+ in California please.

“2,800 people in California were killed last year by gunfire,” Skinner said. “It is easier to buy bullets than cough medicine or alcohol. It should not be that easy. We need to have much more scrutiny [...]

Solar Power’s Hidden Costs

wealthwire.com / By Adam English / January 7th, 2013

Solar power is continuing to boom in California. California utility customers installed 245 megawatts of solar panels in 2011 and added more than 315 megawatts this year.

This is great news for a sustainable power industry still in it’s infancy, but it is [...]

The commuter culture of California – The cost of commuting and buying real estate far from your place of employment.

doctorhousingbubble.com / By Dr. Housing Bubble / January 2, 2012

60 percent of the people in the state of California live within the 56,512 square miles that make up Southern California. 22 million people in a car obsessed region. Take a trip on any of the major highways or boulevards during rush hour and you [...]

The results are in: More guns sold mean fewer guns deaths, injuries

naturalnews.com / By J. D. Heyes / Sunday, December 30, 2012

(NaturalNews) It isn’t a firearms statistic that liberal progressives and gun banners like California Sen. Dianne Feinstein will want to hear but it’s true nonetheless: According to the most recent statistics, the more guns that have been sold in the Golden State, the [...]

In California, Lobbyists and Lawmakers Travel the World Together

libertyblitzkrieg.com / By Michael Krieger / December 27, 2012

Crony capitalist sightseeing tours. Nothing like being a corrupt political oligarch in today’s America! Great story here from theSacramento Bee:

It’s mid-November. The election is over, and the new legislative session has not yet begun. Perfect time for a lawmaker to take vacation – or [...]