YOU’VE BEEN ROBBED (CALIFORNIA EDITION):

Gavin Newsom now has 8 separate agencies officially designated as “high risk for waste, fraud, abuse, or mismanagement” in California

Roughly $76 billion in fraud, improper payments and mismanagement was discovered by the auditor

Let me repeat that, $76 BILLION

“Representative… pic.twitter.com/2DC1tCGnqc

— Wall Street Apes (@WallStreetApes) January 2, 2026

Meanwhile, in San Francisco: San Fran mayor signs bill that could give black residents $5M each — but admits city is too broke to pay.

Every time I think SF has hit Peak San Francisco, the city goes and does something like this.

Plus: “A state that never allowed slavery wants to make residents who never owned slaves pay reparations to people who never were slaves.”

UPDATE: “A government which robs Peter to pay Paul can always depend on the support of Paul. — George Bernard Shaw” (Charlie)