California has responded to the drought by rationing water, with $500 fines for domestic 'water wasters', writes Evan Blake. But agribusiness and water-intensive industries like fracking remain untouched by the restrictions, even though they consume over 90% of the state's water.There are immense water efficiencies to be gained, but any rational reorganization is blocked by the US financial oligarchy, which, controlling the entire political system, will not abide any impingement on its profits.The unprecedented drought gripping California has deepened for the fourth consecutive year, having already set new records for the lowest annual precipitation levels on record.