A long story in The Desert Sun (a Palm Springs daily) recently manufactured a lake out of a puddle in California's perennial water problems.  Maybe it's just Governor Moonbeam's gang feeding propaganda to the fourth estate, but it's a good example of how government regulation and media indoctrination so often contrive to strain at capitalist gnats and swallow collectivist camels.   The story's complicated (like everything concerning California water), but it's basically about the Morongo Band of Mission Indians selling its Millard-Canyon water rights to Nestlé S.A., a Swiss food and beverage giant which annually bottles about 200 million gallons of the Band's water as Arrowhead 100% Pure Mountain Water.  Although that sounds like a lot of water, it's only about the amount 400 homes or a single golf course would annually use. Anyway, the Cabazon Water District, the State of California, and maybe even the federal government are...(Read Full Article)