Wednesday, December 6, 2017

California burning again

Looking like 300 structures, but many expensive house, and we get major traffic bottlenecks.

We are putting Jerry's budget on edge when short term rates are wayup. Jerry barely had a moment to build the rainy day, swamped with rising pension costs.  But Congress is driving sort term rates, some of that in response to hurricane and, indirectly, the Mexican earthquake.  We still have the cost problem in Illinois, along with some very fictional, and semi-legal financing. Puerto was bankrupt at the start, and we have waves of migrations.

The hurricanes were not six sigma events, they happen on a reasonable, regular schedule.  Government has short memory.

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