California Property Rights Journal

Growing up in California, I recall being amused by the ”Welcome to California, Now Go Home”  bumper sticker.  I don’t see those bumper stickers anymore.  I wouldn’t be surprised to see a “Welcome Californian, Now Go Home” bumper sticker in places like Texas and Arizona, where many California citizens and California businesses have fled.  Two major news stories of today seemed to illustrate the problem.  First, we have news that the California budget deficit “fixed” only a few months ago,  is predicted to be 21 Billion, according to the Orange County Register.  Second, we have the report from the LA Times that the state energy commission has adopted a ban on the sale of televisions believed to consume too much energy.   Our state government apparently just doesn’t get the link between overregulation which punishes business and a weak economy.    The quote of commissioner  Rosenfeld says it all: “It looks like a very good deal for society . . . “  These arrogant fools essentially believe they know what is good for all of us, whether we like it or not.    Texas sounds better every day.