In markets and in politics, it’s always hard to call a top, but let’s hope Mr. Fool is right. From Mr. Fool at lewrockwell.com:
The Los Angeles wildfires are contributing directly to California’s burgeoning counterelite
As someone who lives in the Los Angeles area, the past few days have been nothing but mind-numbing yet shocking. I can gratefully report that everyone in my family is safe and have not been threatened by the wildfires that have ravaged Pacific Palisades and Altadena.
These wildfires have been called the perfect storm. If one expands the scope beyond the fires themselves and include the luxury beliefs and criminal negligence built into state and local law, policy, and culture that have taken place over the past few decades, this claim simply can’t be argued.
Whatever the priorities Governor Newsom, LA Mayor Karen Bass, and the LA County Board of Supervisors had before the wildfires, it had nothing to do with the main responsibilities of local governments – education, fire, police, courts. The local infrastructure has been ignored at the expense of pet progressive projects for so long, they exacerbated the helplessness local fire and police had during the first hours of the firestorm. It is a miracle the death toll isn’t nearly as extensive as it could have been.
It may seem unfair to bring politics so early into this crisis, but California politics has been unfair for a very long time. I, for one, see no need to play fair when state and local authorities have been derelict in their day jobs while demonizing those of us who have objected to turning southern California into a progressive paradise.
Good. PP was the hardest hit and that Captain Hairgel 2028 meme in the wasteland was the Palisades.
Hairgel reminds me of that Dana Carvey as George Micheal look at my butt skit on SNL from wayback but it is the hair and Cali Bear hat and jacket.
Something new comes out everyday regarding budget cuts to LAFD, DEI derelict moron fire chief, empty reservoir that should have been given priority, weirdo and freak arsonists getting caught in the act.
Breaking from Led Zeppelin:
What Is And What Should Never Be (Instrumental)