Posted on 05/05/2014 8:45:05 PM PDT by Moseley
California will take another hit right in the struggling economy starting April 2015. Instead of loading and unloading at California ports, many international cargo ships and oil tankers will start accessing the booming Texas economy. Texas is flourishing under Rick Perry’s Republican policies. A dramatic expansion of the Panama Canal will give more choices to massive, new cargo ships.
The Panama Canal has been at maximum capacity, with more ships transiting the Isthmus of Panama than the canal was designed to handle. But more importantly, changes in the shipping industry are in play. Massive new megaships are transforming the industry. Those ships currently have no choice but to load and unload in California.
This development could shift a slice of a market valued annually in the trillions of dollars away from California toward Texas and other ports on the East Coast of the United States. One ocean port can generate billions of dollars in state and local tax revenues.
The Port of Los Angeles alone generates 919,000 regional jobs and $39.1 billion in wages and tax revenues each year. Los Angeles ports handle about 40% of all the container traffic in the United States. There are a total of 3 million employees in industries related to port operations. Studies project Los Angeles ports will lose between 1% and 25% compared to existing levels of trade.
Greater Los Angeles has remained highly prosperous despite decades of left-wing regulations and governmental policies burdening the California economy. Trade through California ports of entry has helped keep California afloat financially.
Ocean-going shipping is the cheapest mode for transporting freight by far. Therefore, shortening the distance that freight travels over land can dramatically affect the overall expense of importing or exporting products.
(Excerpt) Read more at aun-tv.com ...
Maybe CA will try to sue Texas. And China, and every American, and God. CA will soon be flopping like a beached fish due to their own policies.
Well this WILL and IS dying NOW, all water rights cut off due to some
smelt I live in CA. just pathetic GO RICK PERRY!!!! State gets what it
votes for!!!
fl
Even before the canal expansion opens, The port of Houston is and was #1 in foreign tonnage.
http://www.portofhouston.com/business-development/trade-development-and-marketing/trade-statistics/
Panama Canal Expansion
http://micanaldepanama.com/expansion/
Miami doesn’t have the infrastructure to move the massive amounts of goods. Down at the end of the peninsula, rail and highways are very limited. Out of Houston, there are massive amounts of rail lines, as well as multiple interstate highways. Tat is why Miami will remain a regional port, while Houston and Galveston are international ports.
Ooooooooh, California smackdown! Point well made, Sgt Friday!
Oh, yes, farming will not be stifled forever. There will be a post-Brown
era. Farming will be and expand again if only to provide jobs to
liberal’s favorite constituency, illegal aliens.
If the final destination is the East Coast, the ships will go to other deep east coast ports as they do now. Texas will still get its share, but probably no more than the proportion it receives today. The big benefit for Texas and other gulf ports will be energy exports going in the other direction.
California port traffic is predicted to decline 10 to 15 percent.
Guess I was thinking of the famine of 1921-22....touched parts of eastern Ukraine ...But with out that wonderful new economic plan and the consolidated thuggery of the communists Stalin would not have been possible
I live in a ‘rat county.
Typical of such governance, their solution to a shrinking tax base is to raise taxes.
think DNC & GOP Establishment/0'Muslim/"Rustler" Reid..Boehner/McConnell.
Yep. I’m aware of what can happen and understand what I have to do.
Your view of the NEP is distorted at best.....PLANNED economies are NEVER about capitalism and free markets. You have romanticized communism into being something akin to the mafia.
Lenin was no hero. He was no capitalist. He instituted communism which in no way is a good thing. You have yourself twisted into a knot. Stalin existed BECAUSE of communism not because he somehow managed to over take the gran and glorious revolution. Goodness. You have a strange view of the collective
According to the political theory of Marxism–Leninism of the early 20th century, the kulaks were class enemies of the poorer peasants.[3] Vladimir Ilyich Lenin described them as “bloodsuckers, vampires, plunderers of the people and profiteers, who fatten on famine.”[4][5] Marxism–Leninism had intended a revolution to liberate poor peasants and farm laborers alongside the proletariat (urban and industrial workers). In addition, the planned economy of Soviet Bolshevism required the collectivisation of farms and land to allow industrialisation or conversion to large-scale agricultural production. In practice, government officials violently seized kulak farms and murdered resisters;[3][6] others were deported to labor camps.
I also live in California, fortunately for me in the north state in a pretty isolated area.
I have a small 20 acre farm and have my own well for domestic and irrigation purposes.
I am just waiting for the EPA or some state or fed alphabet soup organization to come in and tell me I can’t pump any longer.
I still own a home in SoCal so I make the trip down the I-5 and 99 corridors about twice a year, it would break your heart to see the dead orchards and vineyards for over a hundred miles at a stretch; then maybe a few miles of healthy ground for those people who are paying a premium for their water or are able to pump their own, then another hundred or more miles of EPA/Sierra Club/Congress created desert.
When agriculture leaves this state; and I think it will, I hope every body in the big cities enjoys paying 500% more for their food or just starves to death.
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