Patrick Boyle does us a solid again by bringing up data and perspective on LA fires that the mainstream either does in a glib way or one of the its ultimately useless spins. Check it out or use the key takeaway notes below if you like the topic but are in a rush/ :)
(00:00) The National Interagency Fire Center warned of high fire potential in Southern California due to warm weather, dry conditions, and Santa Ana winds. (00:36) Santa Ana winds, known for fueling major wildfires, contribute to rapid fire spread by drying out vegetation. (01:14) The Palisades and Eaton fires are among the most destructive in California's history, causing significant loss of life and property. (02:31) Increased population in wooded areas has heightened the risk and impact of wildfires, exacerbated by a phenomenon known as hydroclimate whiplash. (03:45) Regulatory delays in controlled burns and vegetation thinning complicate fire prevention efforts, but these practices wouldn't have helped in current fire zones. (06:09) The Los Angeles wildfires are projected to be the most expensive in U.S. history, with significant insurance industry losses and challenges in rebuilding. (08:55) Insurance issues in California, including coverage caps and insurer withdrawals, have left many underinsured, complicating recovery efforts.(12:09) Utilities face potential liabilities under California's inverse condemnation law, leading to financial risks and investor concerns. (14:48) State insurance market issues stem from Proposition 103, which limits rate increases and affects insurers' profitability, leading to a withdrawal from high-risk areas. (18:01) Recent changes in insurance regulation aim to stabilize the market by allowing forward-looking risk assessments and passing reinsurance costs to consumers, though challenges remain.
As per usual, our friend Patrick Boyle handles a topic no matter how- ummm- touchy it is! Good on him. Check out the video or the key takeaway points if you like :)
In 2024, immigration became a significant concern among voters in both Europe and the United States, with a Gallup survey indicating a majority of Americans preferred less immigration, marking a notable shift since 2005.
The US, home to the largest foreign-born population globally, has immigrants constituting 14.3% of its population, with the majority legally present, while 11 to 13 million are estimated to be illegal immigrants, forming up to 6% of the US workforce.
Illegal immigrants predominantly reside in California, Florida, New York, and Texas, working mainly in agriculture, service, and construction sectors.
Immigration has been a key issue for Donald Trump, who advocated for reducing both legal and illegal immigration, proposing a border wall, which led to a government shutdown and a national emergency declaration to divert funds for its construction.
The Biden administration aimed to reverse Trump's immigration policies, reducing domestic enforcement and focusing on migration drivers from Central America. However, during the pandemic, a public health law allowed rapid border turnbacks, which continued under Biden until 2023.
A record high of nearly 2.5 million apprehensions occurred at the southern border in 2023, with a shift from predominantly Mexican migrants to more from Asia, particularly China and India, seeking asylum.
Trump's proposed mass deportations are complex and costly, potentially removing 6% of the workforce, with significant financial and social implications. His past deportation numbers were lower than Obama's, despite his tough rhetoric.
The economic impact of deportations is debated, with some economists warning of labor shortages and inflation, while others predict positive effects on earnings and the stock market, reflecting a divide in economic interpretations.
Under Biden, border crossings increased due to perceived better treatment of migrants, with many seeking asylum and obtaining work permits, though not eligible for federal benefits except in specific cases.
Immigration reform remains a challenge, with the last major legislative success under Ronald Reagan in 1986. Subsequent efforts by Bush, Obama, Trump, and Biden have stalled, reflecting ongoing political and economic debates on balancing immigration needs and resources.
Trump's additional proposals include ending birthright citizenship, limiting visa durations, and restricting refugee admissions, which would require significant funding and legislative support, and could have far-reaching consequences on the US economy and society.
Hey babe! :) Season 1 Episode 3 of my podcast is up and available for your listening pleasure! Check it out because- as per usual- it is a good AND a useful episode to hear! Also, shorter and sweeter than most podcasts out there. ;)
Wishing you a Happy New Year with a little compilation of my NYE! 🎉😘 I feel happy and blessed with the way I spent it and I know your support was a major part of it, which makes you beyond sweet. 2024 was a warmup that went very well; time for that next level in 2025 that we are going to enjoy together! ❤️
December 27th action on GRRR. Famous enough company, famous enough small cap stock, yet look at this babe! Usually, I love sharing charts that blow expectations out of the water. This time, I want to share the type of chart you love to hate! And if you ever got into learning how to trade, you may have seen this infuriating abomination before.
Let us say for simplicity that you are a long bias trader- no shorting. The stock pops up on your screener, the first candlestick exhibits a home run type of start and you are off to the races- or so you thought! Next thing you know, this thing collapses onto itself like a neutron star, all the way down to the open of the day or so, and then the stupid ass stock takes all day to get you to about a break even or so... It is price action like this that still keeps me studying instead of applying what I have learned so far! If I had to watch myself barely break even instead of getting an easy 8-12 percent out of this, I would be squeezing my nipples in anger and then regret is 3 seconds later as soon as I realize I would rather squeeze your nipples instead ahha! :P
If you ask me, a teachable moment from this one is to not trust a strong opening candlestick on the 5 minute chart if it busts through Camarilla R4 this early in the game...
Anywho, now you see that the glasses I wear are not just a prop :P
Merry Christmas, wishing you a sweet, amazing, peaceful and blessed time. A day to rest, a day to enjoy, a day to reflect and a day to think about all the goals you can finesse until the same time next year! ❤️🎉🎄🎅
This Sunday, Nina was still-ummm- low key recovering last Sunday (we unexpectedly went one more round after and it took me way longer than her virgin behind could handle 😅🥵), so tonight I had to tell her that if she's not ready to give it up again in new and exciting positions, I need her mouth and throat as tribute! 😏 I thought she wouldn't like my assertive tone, but her candy cane got a little swollen because of it! 😛 Excellent. Now, which way do I point her while she's going down on me? Hmmm, well, I picked the mirror because you could easily see her booty so both you and me get turned on while I turn her throat into a tight wet pussy that melts my hard swollen candy cane in the best way possible. 💦💦 Enjoy it as much as I did (plus a little more 😉).
