Bad news for anyone in California…
Hoping to start a new business?
You live in the absolute WORST possible state for businesses…
Of any kind.
[via LATimes] So much for the idea of West is best. In an annual survey, executives ranked California as the worst place to do business for the eighth year in a row.
Chief Executive magazine has only been conducting its survey for eight years. Texas has been top-ranked every year.
The survey considered responses from 650 business leaders, who graded states on factors such as taxes, regulations, living environment and more.
Texas and second-ranked Florida have the highest migration rates in the nation for 2001 through 2009. California has lost 1.5 million people over the same period.
Also in the top 10: North Carolina, Tennessee, Indiana, Virginia, South Carolina, Georgia and Utah.
California narrowly edged out New York in what the survey called “the ninth circle of business hell,” [Hello - High Taxes!] sharing the bottom five spots with Illinois, Massachusetts and Michigan. [Read More]
All hope is NOT lost.
For those living in California, looking to make SOME money in the Sunshine state?
There are other options.
[via BBC] One of the most important meteor strikes in a generation has brought treasure-hunters flocking to a small town in northern California for the second time in 150 years.
The great gold rush began in the Coloma Valley in 1848, and now a meteor rush is underway as stardust fragments sell for 20 times the price of gold.
The meteorite is thought to have been the size of a minivan as it hit the earth’s atmosphere and broke up, scattering rare rocks across the California countryside.
It is a very rare type of meteor containing water and the building blocks of life, so collectors are paying as much as $1,000 (£600) a gram for prime specimens.
The locals have been searching fields, hillsides and even their own back gardens to cash in on the gift from above. [Read More]
I said there were ‘options’…
I never said they were GOOD options.