Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

Investor proposes three-way split of California

california
california

Could California ever split into thirds?

Silicon Valley investor Tim Draper recently proposed a division of California into three regions: Northern California, Southern California, and California. The crazy part is: it could actually appear on the ballot in November.

The proposal received over 400,000 signatures, due primarily to the financial support of Draper, who invested in Hotmail, Skype, and Tesla early on, making hundreds of millions of dollars. If California voters approve the motion, it will move to California state legislature, and after that, to Congress. Hence, the approval of this bill is unlikely, but it is an interesting concept.

Draper believes that because California is the most populous state in the nation with over 39 million people, it should have more than two senators in Washington. If this bill is approved, California will triple its number of senators.

Plus, the senators of each region can better tailor policies to their specific region. Currently, two senators represent a massive state where San Francisco issues are incredibly different than Los Angeles issues.

The proposal seems to make sense from many angles, but it still has its critics. These people believe that the split will decrease the amount of Democratic electoral votes. In nearly every election, the Democratic party gets 55 electoral votes from California. The division of the state could lower this number.

The proposal will more than likely fail in November, and if not, it will fail at the state-level. However, the concept is interesting and will likely be brought up in the future. The US could see a split of the state one day.

 

Featured image via Wikimedia Commons


Comment Template

You May Also Like

Business

California Gives Nod to Waymo’s Robotaxi Operations in Surrounding Areas of LA and SF On March 1, the California Public Utilities Commission (CPUC) granted...

Finance

SoftBank books a $5.2 bln quarterly loss as investments and a weak yen bite. The once-flying WeWork filed for bankruptcy, while SoftBank Group (9984.T)...

Politics

The EU’s diplomatic service intends to rebalance China’s policy to lessen economic dependence on Beijing while maintaining global cooperation. The European External Action Service...

Cryptocurrencies

Making a Positive Impact with Your Investments: The Power of Sustainable Crypto Projects Learn about the benefits of investing in sustainable crypto projects and...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok