The total wealth that has left California is now $1 trillion. California had $2 trillion of billionaire wealth just a few weeks ago. Now, 50% of that wealth has left – taking their income tax revenue, sales tax revenue, real estate tax revenue and all their staffs (and their salaries and income taxes) with them. …
Tesla will start supervised Robotaxi service in San Francisco this weekend. There will be a safety driver will be in the front seat with full access to the wheel and brake. There will be a steady series of announcements as safety riders and safety drivers are removed, service areas are expanded, ramping of cars and …
The California Public Utilities Commission has granted Tesla the first in a series of approvals from California to operate Robtoaxis. The cars will be driving themselves, but a Tesla employee will be in the drivers seat. As Tesla receives its remaining approvals needed, there will eventually be no one in the drivers seat. Tesla’s application …
Los Angeles has major fires that have burned over 38,000 acres out of a total of about 300,000 acres of land in Los Angeles. The city of Los Angeles covers a total area of 502.7 square miles (1,302 km2), comprising 468.7 square miles (1,214 km2) of land and 34.0 square miles (88 km2) of water. …
There have been two movies about the harm caused by the northern california electrical utility, PG&E. There is the Erin Brokovich in 2000 with Julia Roberts. There is Ron Howard’s documentary, Rebuilding Paradise. The Victims or their heirs got some money. However, the bad guys won. PG&E lost the lawsuits but they just increase the …
Winter storms in California knocked out power for more than 890,000 customers on Sunday—with more than half a million still without electricity on Monday. There are still about 140,000 without power today on Tuesday. As of January 2024, the average monthly electric bill in California is $190–$210, which is a 20% increase from 2023. The …
A senior citizen with a two bedroom home in Santa Rosa is paying almost $357 in January, 2024. This is up from $195 in December, 2023. There is a new rate increase coming from PG&E. The average residential PG&E customer is expected to pay about $34.50 more each month – a boost of about $400 …
A nextbigfuture reader had a comment about which US cities had the most homelessness and whether the mayor is democrat or republican. I have used US Housing and Urban Development statistics and the wikipedia entries for each city for their mayor and party affiliation. Texas’ homeless population shrunk by nearly a third over the past …
There is a $1.2 billion budget for a three year effort to clean up California. The first hundred million or so was spent and 8700 people employed to clean up San Francisco in advance of the APEC summit/ California has had several budget surpluses in recent years: 2021–2022: $47 billion in budget surplus 2022–2023: $55 …
A 75 page report on retail crime and theft shows that the worse levels of retail crime and theft per person are in Pennsylvania, Washington and California. The economic impact of retail crime is profound. Retailers face increased costs for lost product, security, and labor, which lead to higher prices for consumers and ultimately, lower …
Capital One reports that US Stores lost an estimated $86.6 billion to retail theft in 2022 and projections indicate that in 2025, retail theft may cost stores over $115 billion. * Retailers lost as much as $94.5 billion in gross revenue to theft in 2021, up 4.07% year-over-year (YoY). * 58% of organized retail crime …