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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There is a big difference between the rich who are losing their house and the super rich who control California and its water. This was posted in politics but was enlightening. While 40 million Californians suffer through unprecedented drought, one billionaire couple owns a massive share of the state's water system, largely seized in a series of secretive meetings two decades ago. That system was largely paid for by the very taxpayers whose water these billionaires hold hostage. The Resnicks are the biggest farmers in California–as of 2007 they owned four San Francisco’s worth of farmland. Nearly half of Americans buy at least one of their products: pistachios, POM pomegranate juice, mandarins, flowers, and more. https://m.youtube.com/watch?v=4B19qb1Az94[/quote] Idk if "hold hostage" is a fair assessment. How many jobs do these many agricultural ventures provide? How much do they pay in taxes? How much revenue goes to the state? It's not like they benefit 100% as a couple and nobody else does. [/quote] They provide 2% of California gdp. they privately control many of Californias reservoirs and prioritize agriculture over urban supply. The Monterey plan was executed without state politicians or public input decades ago.[/quote] Wrong - all of agriculture is 2% of California’s GDP. However it consumes 80% of their water supply so the state has to buy their water from the privately owned reservoirs (ironically built by the state but handed over to private “water authorities”). So counties like LA buy water when there is a drought from agriculture owners. Total scam.[/quote]
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