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Manage episode 225509064 series 1165508
Our FEATURE today focuses on the critical social, political and economic condition that is the present state of California. Hal Bray, a Bay Area resident writing in the California Political News and Views cites a poll conducted by the Bay Area Council in June 2018 that 46% of Bay Area residents are planning to leave California. Bray writes "The Progressive Culture has turned the State into a filthy, debt-ridden, congested 3rd world country with high taxes, high crime and the highest housing costs in the US." We detail the facts in the report which forecasts the soon to occur bankruptcy of the state. Californians did it to themselves so what's the big deal? In 2016 Californians passed the Voters Choice Act which allows for the "harvesting of votes". In 2018 13 million mail-in voting forms were mailed to unsolicited residents in California. Those mailings were followed up by predominately Progressive activists who then returned the ballots to be counted. Several Republican candidates who had substantial margins on Nov 6th suddenly lost their leads by a huge majority. NOW the Progressives have introduced HR 1 to the House of Representatives to replicate this law in all 49 additional states! The result will be the CALIFORNICATION of America. Other topics include; The Bankruptcy of PG&E, "Stocks Rise As Fears Subside", V Curve looks promising, The 70% Tax Rate, Debt Denial & the New Monetary Theory, Don't Let The Old Man In!, "Money in the Wrong Hands"and UTAH, the best economy in the US. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."
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