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Bloviating Zeppelin: Fleeing Fornicalia: The State Is Doomed

Bloviating Zeppelin

(in-ep-toc'-ra-cy) - a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

Saturday, August 28, 2010

Fleeing Fornicalia: The State Is Doomed


It is an alleged "axiom" that Fornicalia is bleeding businesses. Many people have said it; some don't believe it. I've stated this quite frankly for some time. Here is the proof.

Besides EA, eBay and Adobe, the following companies have fled Fornicalia due to its confiscatory tax rates, business-adverse environment and overwhelming regulations:

Abraxis Health,
Alza Corp.,
American AVK
American Racing,
Apple Computer
Audix Corporation,
Apria Healthcare Group
Assurant Inc.,
Barefoot Motors
Bazz Houston Co.,
Beckman Coulter
Bild Industries Inc.,
Bill Miller Engineering, Ltd.
BMC Select ,
BPI Labs
Buck Knives,
CalPortland Cement
California Casualty Group,
CalStar Products Inc.
Checks To-Go,
Chivaroli & Associates
CoreSite,
A Carlyle Company
Creel Printing ,
Dassault Falcon
DaVita Inc.
Digital Domain,
Ditech
DuPont Fabros Technology
EDMO Distributors, Inc.
Edwards Lifesciences,
EMRISE Corp.,
Facebook
FallLine Corporation,
Fidelity National Financial
First American Corp.,
Fluor Corp.
Foxconn Electronics,
Fuel System Solutions
Gregg Industries,
Hewlett-Packard
Hilton Hotels Corp.,
Hino Motor Manufacturing USA
Intel Corporation,
Intuit of Mountain View
J.C. Penney ,
Kimmie Candy Co.
Klaussner Home Furnishings,
Knight Protective Industries
Kulicke & Soffa Industries Inc.,
LCF Enterprises
Lennox Hearth Products Inc.,
Lyn-Tron, Inc.
Mariah Power,
Maxwell America
Miasolé,
MotorVac Technologies
Nissan North America,
Northrop Grumman
One2Believe,
Patmont Motor Werks, Inc.
Paragon Relocation Resources
Pixel Magic,
Plastic Model Engineering, Inc.
Precor,
Premier Inc.,
Pro Cal of South Gate
Race Track Chaplaincy of Amer.,
Red Truck Fire & Safety Co.
SAIC,
Scale Computing
Schott Solar Inc.,
SimpleTech
Smiley Industries,
Solaicx
SolarWorld,
Special Devices Inc.
StarKist,
Stasis Engineering
Stata Corp.,
Tapmatic
Teledesic,
Telmar Network Technology Inc.
Terremark,
Terumo Cardiovascular Systems
Toyota,
True Games Interactive Inc.
TTM Technologies,
Understand.com
US Press shifted,
USAA Insurance
Yahoo

-- and many more. . .

From American Independent News, on companies leaving Fornicalia and their reasons -- the above notations in detail:

Abraxis Health, a unit of Los Angeles-based Abraxis BioScience Inc., opened a new plant that will create 200 jobs in 2010 — in Phoenix. This follows the company’s Phoenix expansions that occurred in 2007 and 2008.

Alza Corp. in 2007 eliminated about 600 jobs in drug R&D while also exiting its Mountain View, Calif., HQ. At the time the company said that its 1,200-person Vacaville facility will continue to operate. But the Vacaville Reporter on Oct. 23, 2009 revealed that the plant is being offered for sale by J&J, its parent company. It’s unclear if more layoffs are in the facility’s future.

American AVK, a producer of fire hydrants and other water-related products, moved from Fresno to Minden, Nevada.

American Racing moved its auto-wheel production to Mexico, ending most of its 47-year operation in California.

Apple Computer has expanded in other states, most recently with a $1 billion facility planned for North Carolina.

Audix Corporation relocated from Redwood City, Calif., and to accommodate growth moved to a 78,000-square-foot facility in Wilson, Oregon.

Apria Healthcare Group of Lake Forest is shifting jobs from California to Overland Park, Kansas, a K.C. suburb.

Assurant Inc. cut 325 jobs in Orange County and consolidated positions in Georgia, Ohio and South Carolina.

Barefoot Motors, a small “green” manufacturer, moved from Sonoma and will grow in Ashland, Oregon.

Bazz Houston Co. located in Garden Grove, has slowly been building a workforce of about 35 people in Tijuana. In early 2010 the company said it expects to move more jobs to Mexico, citing cost and regulatory difficulties in Southern California.

Beckman Coulter, a biomedical test equipment manufacturer headquartered in Brea, relocated part of its Palo Alto facilities to Indianapolis, Indiana, two years ago. In early 2010, it’s making a multimillion-dollar investment to expand and create up to 100 new jobs in Indiana. The company said the area offers a “favorable business environment and lower total cost of operations, plus a local work force with strong skills in both engineering and manufacturing.”

Bild Industries Inc., which specializes in business news, directories and market reports, moved to Post Falls, Idaho, from Van Nuys, a part of the San Fernando Valley in Los Angeles.

Bill Miller Engineering, Ltd., suffering under the “hostile business climate” in California and Los Angeles County, moved from Harbor City to Carson City, Nevada.

BMC Select has conducted an unusual relocation. The company, which had shifted its headquarters from Idaho to San Francisco, relocated its H.Q. back to Boise in January 2010. The building materials distributor said that regaining its footing in Boise retained access to high-quality employees while reducing wage and occupancy costs.

BPI Labs, which formulates, manufactures, and fills personal care products for the health and beauty industry, relocated from Sacramento to Evanston, Wyoming, a move the company’s owner called “very successful . . . . It felt good and I've never looked back."

Buck Knives after 62 years in San Diego moved to Post Falls, Idaho.

CalPortland Cement has announced in late 2009 closure of its Riverside County plant because of new environmental regulations from a state law (AB 32). The company’s CEO wrote, “A cement plant cannot be picked up and moved, but the next new plant probably won't be built in California meaning more good, high paying manufacturing jobs will be lost to Nevada or China or somewhere.”

California Casualty Group left San Mateo for Colorado, cutting operating costs to remain competitive.

CalStar Products Inc., headquartered in Newark, Calif., in the San Francisco Bay Area, in January 2010 was awarded $2.44 million in federal clean energy tax credits. The company said in the future it expects to build additional plants in the Mississippi Valley and the East Coast. In late 2009 CalStar opened a plant in Caledonia, Wisconsin.

Checks To-Go moved to Utah where workers’ comp rates helped make the troubled company healthier.

Chivaroli & Associates, a healthcare-related insurance service based in Westlake Village, Calif., moved a regional office to Spokane, Washington.

CoreSite, A Carlyle Company, is delaying a Santa Clara project while it expands its data center in Reston, Virginia.

Creators Syndicate may flee L.A. because it operates like a "banana republic."

Creel Printing left Costa Mesa for Las Vegas and So Cal loses 60 more jobs.

Dassault Falcon looked at building an aircraft services facility in Riverside County but instead located in Reno.

DaVita Inc. moved its HQ from Los Angeles to Denver; expects to see millions of dollars in savings over time.

Denny's Corp., the large restaurant chain, once had its headquarters in La Mirada, later in Irvine, Calif, and then moved to Spartanburg, South Carolina. In fairness, I note the move occurred in the early 1990s. However it’s noteworthy because the company was founded in California and its growth over time created HQ jobs in another state.

Digital Domain, the Academy-Award-winning visual effects studio based in Venice, Calif., placed new studios in Vancouver, British Columbia, and Port St. Lucie, Florida, which combined will have about 500 employees. The facilities will allow the company to reduce costs while continuing to deliver cutting-edge work.

Ditech, headquartered in Costa Mesa, announced in January 2010 a 269-job cut and is moving most activities to the GMAC Financial Services (parent company) headquarters in Fort Washington, Pennsylvania. In 2007, Ditech relocated some workers from Costa Mesa to Phoenix. A once robust Costa Mesa facility employing hundreds will be down to 20 or 30 workers.

DuPont Fabros Technology suspended a $270 million Santa Clara data center project in favor of one in Ashburn, Virginia.

eBay, based in San Jose, will create 450 jobs in Draper, Utah, in a new $334 million operations, customer support and data center.

EDMO Distributors, Inc., a world-wide wholesaler of aircraft avionics, test equipment, and pilot supplies, moved its HQ from Valencia, Calif., to Spokane Valley, Wash. Since, it has built a larger headquarters in the city’s Mirabeau Point community complex.
Edwards Lifesciences based in Irvine will expand with 1,000 employees – not in California but in Draper, Utah.

EMRISE Corp. completed its HQ move from Rancho Cucamonga to Eatontown, NJ, in May 2009. The company said the move “will result in additional annualized cost savings of approximately $1 million and facilitate improvements in operating efficiency. . . . The cost savings associated with relocating our corporate headquarters will start immediately. . . The aggregate total of these expense reductions will increase our profitability and cash flow in this and succeeding years and, over time, substantially improve our ability to further reduce our long term debt."

Facebook, based in Palo Alto, will expand in a major way in Oregon by locating a custom data center in Prineville. It will be a 147,000-square-foot facility costing $180 million and will employ 200 workers during construction and another 35 full-time once operating in 2011.

FallLine Corporation left Huntington Beach, where they were being “hammered” with multiple governmental regulatory fees, for Reno, Nevada.

Fidelity National Financial left Santa Barbara for Florida, spurred by California’s “oppressive” business environment.

First American Corp., based in Santa Ana, will open a call center in March 2010 not in California but in Phoenix, where it expects to employ about 400 people within two years.

Fluor Corp. moved its global headquarters from Aliso Viejo to Irving, Texas, with about 100 employees asked to relocate while the company planned to hire the same number there. In 2006, when Fluor moved into its new headquarters building, a company statement said: “The official dedication had a decidedly Texas theme” as a horseshoe was raised on the building, a time-honored Texas tradition.

Foxconn Electronics, a large contract electronics maker, moved some of its Fullerton operations to Dallas.

Fuel System Solutions moved its headquarters from Santa Ana to New York.

Gregg Industries, owned by Neenah Enterprises Inc. in Wisconsin, closed a 300-employee foundry in El Monte foundry under pressure from the South Coast Air Quality Management District to make $5 million in upgrades. The company didn't want to make the investment in the difficult economic climate so it decided instead to leave the state.

Helix Wind Inc. may move its research and development, engineering, and testing departments from San Diego to “more supportive” Oregon.

Hewlett-Packard, HQ’d in Palo Alto, at various times has moved jobs to Tennessee and Texas.

Hilton Hotels Corp. in 2009 is moving from its longtime corporate H.Q. in Beverly Hills to a new office in Tysons Corner, Virginia.

Hino Motor Manufacturing USA moved from California to Williamstown, West Virginia, in 2007, where it now employs about 100 workers. The company has growth plans to “Raise Hino's presence from medium-/heavy /heavy-duty trucks to all ranges of trucks” and an aggressive program to improve fuel economy and emissions. The company builds trucks under its own brand and also manufactures Toyota-branded vehicles.

Intel Corporation, headquartered in Santa Clara, has chosen to expand operations in neighboring states.

Intuit of Mountain View created a customer support office (110 people) not in California but in Colorado because of lower operating costs.Intuit placed a data center near Quincy, Washington.
Intuit also located Innovative Merchant Solutions LLC in Las Vegas as part of a $1.8 million investment in Nevada.

J.C. Penney closed its Sacramento call center and moved the work to five out-of-state centers. [I know of this personally; the massive call center was located at Fair Oaks & El Camino; it is now one massive empty building. - BZ]

Kimmie Candy Co., a manufacturer that was started in 1999, moved from Sacramento to Nevada in 2005. “I really don’t have a lot of regrets about moving up to Reno,” said owner Joe Dutra.

Klaussner Home Furnishings in closing its La Mirada manufacturing plant will maintain its NC and Iowa operations.

Knight Protective Industries moved to Oregon “where 4-day work weeks were permitted by the state” and wanted by the employees.

Kulicke & Soffa Industries Inc. announced in February 2010 that it is closing its Irvine plant, laying off 56 people, and will shift the work to Malaysia and Singapore. The facility had been owned by Orthodyne Electronics Corp., which Kulicke & Soffa bought in 2008.

LCF Enterprises, which makes specialized high-end amplifiers used by researchers, medical professionals and others, moved from Camarillo, Calif., to Post Falls, Idaho.

Lennox Hearth Products Inc. in Orange, Calif., will lay off 71 workers and by March 2010 will transfer the jobs to Nashville and Union City, Tennessee, “to reduce costs and increase operating efficiencies.”

Lyn-Tron, Inc., a supplier of electronic hardware, moved from Los Angeles to Spokane, Wash. Their website has a rather California(ish) statement: “Our commitment is to maintain a manufacturing environment that is progressive and safe, where our employees are able to achieve their personal objectives, thereby adding to their quality of life and to the community in which they live.”

Mariah Power, a “green” manufacturer of small wind turbines, moved from California to Nevada and in 2009 teamed up with another company to begin production in Manistee, Michigan.

Maxwell America, a boating equipment maker, in February 2010 closed its Santa Ana offices and moved them to Hanover, Md. One reason given was the indirect impact of California environmental regulations. A company official said over the years many California boat builders relocated to the Midwest and East where they don’t face the same restrictions.

MiaSolé, based in the Silicon Valley, was reported in January 2010 to be planning a 500,000-square-foot plant, which could be one of the largest solar factories in the United States. The location is not near its in Santa Clara headquarters but in the Atlanta, Georgia, area where its workforce eventually could exceed 1,000. The news came one week after MiaSolé received $101.8 million in federal tax credits.

MotorVac Technologies announced in February 2010 that it’s leaving Santa Ana for Ontario, Canada. MotorVac’s CEO said he “really fought hard to keep MotorVac here, but unfortunately the numbers didn't support it.” The move cuts costs because it’s new owner, UView, has its own plant with excess capacity in Canada. And the general cost of doing business in California is much more expensive."

Nissan North America moved its Los Angeles headquarters to Nashville, Tenn.

Northrop Grumman by 2011 will relocate its Los Angeles H.Q. to the Washington, DC metro area. It’s the last major aerospace company to leave Southern California, the birthplace of the aerospace industry.

One2Believe, a specialty religious-toy maker, left California for East Aurora, New York.

Patmont Motor Werks, Inc. (GoPed manufacturer), after being hit by California regulators for hundreds of thousands of dollars in small fines even though his company has a stellar safety record, moved to Nevada.

Paragon Relocation Resources moved from Rancho Santa Margarita to Irving, Texas.

Pixel Magic, headquartered in Toluca Lake, Calif., (Los Angeles metro area), is locating a studio in Lafayette, Louisiana, where it will create 40 new jobs between 2010 and 2013. The company, which provides digital effects for motion pictures and television, said the Louisiana people they were in contact with have an immediate understanding of technology and data handling.

Plastic Model Engineering, Inc., a custom plastic injection molder and mold manufacturer, moved from Sylmar, Calif. to the “Inland Northwest,” notably Post Falls, Idaho.

Precor will stop manufacturing fitness machines in California and re-open in North Carolina.

Premier Inc., the largest healthcare alliance in the nation, will move its HQ from San Diego to Charlotte, involving an investment of $17.7 million and adding 300 jobs in North Carolina. The announcement was made Oct. 14, 2009.

Pro Cal of South Gate, in Los Angeles County, a unit of Myers Industries, expanded its Sparks, Nev., operations to become the company's primary West Coast production and distribution facility. Pro Cal is a plastics manufacturer of nursery containers and a big recycler.

Race Track Chaplaincy of America started 2010 by shifting its headquarters from Los Angeles to Lexington, Kentucky. The non-profit group said it had wanted to relocate from the Hollywood Park Race Track for several reasons, one of which is the significant cost of doing business on the West Coast.

Red Truck Fire & Safety Company left Fresno for Minden, Nevada in 2007 because of California's myriad fees and regulations that meant “death by thousand cuts.”

SAIC will move its headquarters east, from San Diego to McLean, Virginia, which the Washington Post called “Another Coup for Area.” The announcement was made Sept. 24, 2009; it is unclear how many employees will move east in 2009 and 2010.

Scale Computing, a data-storage developer and manufacturer, is leaving Silicon Valley for Indiana.

Schott Solar Inc. will close its sales and customer service office in Roseville and will relocate the office to Albuquerque, NM.

SimpleTech transferred its manufacturing work from Santa Ana to Asia more than a year ago.

Smiley Industries, an aerospace manufacturer, moved to Phoenix, where productivity improved.

Solaicx, based in the Silicon Valley, said in early 2010 that it will expand its manufacturing plant in Portland, Oregon. Solaicx received $18.2 million in federal tax credits as part of Washington’s efforts to advance green energy.

SolarWorld, a maker of solar technology founded in Camarillo, consolidated manufacturing in Oregon after that state offered property tax abatement and business energy tax credits. The company will employ about 1,000 in Oregon by 2011.

Special Devices Inc. brought 250 jobs to Mesa, Arizona, from Moorpark, Calif.

StarKist headquarters is leaving San Francisco for Pittsburgh, Pa.

Stasis Engineering moved from Sonoma County to West Virginia, a “friendlier business climate.”

Stata Corp., which specializes in data analysis and statistical software, moved from Santa Monica, California to College Station, Texas.

Tapmatic, a metalworking firm whose owners were “fed up with the onerous business environment,” moved from Orange County, California to Post Falls in northern Idaho.

Teledesic moved to Washington state in anticipation of better capital gains.

Telmar Network Technology Inc. moved from Irvine to Plano, Texas, consolidating some 150 workers there.

Terremark postponed a Santa Clara project earlier this year to invest $50 million in a Culpeper, Va. project.

Terumo Cardiovascular Systems is moving R&D from OC to Ann Arbor, Michigan, involving 65 jobs and $3.5 million in investments.

Toyota will stop making cars in Fremont, will idle 4,700 workers, and move work to Canada and San Antonio, Texas.

True Games Interactive Inc. will its H.Q. from Irvine to Austin, Texas, where it expects to have about 60 workers by the middle of 2010.

TTM Technologies will leave L.A. & Hayward and move to other states and China to achieve big cost savings.

Twentieth Century Props of L.A. has gone out of business as film-making has moved to lower-cost states.

Understand.com moved from the San Francisco Bay Area to Reno, a loss for California in that the company is a leader in web-based patient education content and shows strong growth. The company was named 2007 Innovator of the Year by a Northern publication and the company’s founder and received a media and Reno-Tahoe Young Professionals Network Under 40 award and was selected as a 20/20 Business Visionary by Nevada Business Magazine.

US Airways is realigning operations and California is no longer considered part of its “core.” The airline is closing its John Wayne Airport maintenance station and in early 2010 will redistribute the mechanics across its system.

US Press shifted work from Los Angeles and San Diego to Portland, “where union rules were almost rational.”

USAA Insurance closed its 625-person Sacramento campus in favor of other states.

Yahoo opened a data center in Quincy, Washington, a community that now hopes to land high-tech manufacturing.

The list will grow as Sacramento considers more measures that will increase corporate taxes, increase workers’ comp costs, increase regulatory reporting requirements (along with higher fines for minor infractions), increase gasoline and diesel-fuel taxes, increase water rates, increase electric-power rates, increase square-footage rental/lease rates and increase assorted fees that will cause services to become more expensive.

I'm sure the Fornicalia Leftist/Socialist governmental regulatory board members and Demorats involved directly or peripherally in these business matters are saying collectively: "and good riddance to you, despoilers of our environment, rapers of our employees, pillagers of our resources. We'll do just fine without you."

With this caveat: no. You will not. You are still driving businesses away because you do not realize one primary Logic Point:

Businesses are not in business to lose money, customers or employees. They do not exist in order to balance your state budget upon their backs.

What you are discovering is this: they and their employees vote with their feet and their cars and their trucks. As in "moving trucks."

As in: we are leaving. We still have choices and alternatives. We owe nothing to Fornicalia.

And they are correct: they owe nothing to Fornicalia.

BZ

19 Comments:

Blogger Tom said...

Unless the morons in Sacramento impose a "relocation tax" on the people leaving the state...

Sat Aug 28, 06:10:00 AM PDT  
Blogger Greybeard said...

You're angry with Fornicalia BZ because you live there. Believe me, the rest of the States are in nearly the same shape... just give us time to muck things up as much as you guys on the left coast.
When CA falls, it's gonna be interesting to see if there's a domino effect.
Even the Chairman of the Joint Chiefs is warning about the pending economic meltdown.
Be prepared folks, or be a victim.

Sat Aug 28, 08:07:00 AM PDT  
Blogger Dixon Webb said...

Blo . . . You've out done yourself! Your piece is well put together and describes a serious problem. Even if more conservative politicians get in, it's going to take a long time to reverse it. I'm afraid that America is headed for several years of disappointments . . . all because of one mis-educated Flim Flam Artist and his Chicago mafia. Tis a shame.

Bump

Sat Aug 28, 12:03:00 PM PDT  
Blogger Bushwack said...

EXACTLY! And along with a states willingness to be business friendly, the education of the states population as a viable workforce comes into play. As of now especially in SOCAL, that education is trailing the nation.

In the late 80s people came here in droves. The business atmosphere was one of potential. Sacramento has seen fit to limit this potential and instead focus on over taxing and over regulation.

I still work here (Not sure how much longer though) People in the service industry will still work here. Prisons will be the major job gainer in the next few years I bet.

Sat Aug 28, 12:53:00 PM PDT  
Blogger Old NFO said...

Excellent post BZ, people on the left want to 'ignore' the facts, stating ALL is GOOD in Kalifornia... sigh... Reality is about to bite them in the butt, as most movie making is also leaving LA for Vancouver, Louisiana, and other locations where they don't get killed by taxes and union dues.

Sat Aug 28, 01:32:00 PM PDT  
Blogger CJ said...

Good grief. How tragic.

cjh

Sat Aug 28, 02:30:00 PM PDT  
Blogger mrchuck said...

ALL TRUE.
ALL SCARY.

Sat Aug 28, 02:33:00 PM PDT  
Blogger Always On Watch said...

Wow. A shocking list!

Last week, my brother-in-law, born and bred and still living in Southern California said to me over the phone: "I've gotta get out of California. No opportunities here anymore." Until the past few years, my brother-in-law wouldn't even consider leaving his home state.

Sat Aug 28, 04:01:00 PM PDT  
Blogger Bloviating Zeppelin said...

Tom: my wouldn't THAT be a fight to behold. . .

Greybeard: it is true that bad crap happens in Fornicalia first -- and sometimes other states follow suit. Order your ammo now. . .

Bump: thank you kindly. But here's the dealio: the electorate bought it; now they've got to clean it. Or actually, it will clean the electorate OUT first.

Bush: you make a good point. I can see Fornicalia starting to turn some of its prison services over to private industry.

NFO: that's an excellent point. I've noticed how not only movies but many series are now produced in Canada. Battlestar Galactic was produced entirely around Vancouver, for example. As was Dead Like Me and others.

cj: tragedy like this coming soon to a neighborhood near you.

MrC: and the hemorrhaging hasn't stopped yet.

AOW: the state is gorgeous; but pretty soon, after years of being subject to rape, the state's simply going to exsanguinate.

BZ

Sat Aug 28, 06:30:00 PM PDT  
Blogger Well Seasoned Fool said...

Add ATK, the second largest remanufacturer of automobile engines. Established in Santa Ana in 1936. Moved to Dallas two years ago. Even with the cost of the move, they saved $800,000 the first year. 75+ jobs.

Sat Aug 28, 06:46:00 PM PDT  
Blogger Tom said...

Linking to this post, BZ. Of course, you get credit (just don't spend it all in one place).

Sun Aug 29, 06:04:00 AM PDT  
Blogger Bloviating Zeppelin said...

WSF: ad nauseum. You prove it. The bleeding won't stop until the assholes in Sacramento "get it." They're the Ruling Demorats. They'll NEVER get it. By definition they don't possess the capability.

Tom: so THANK you for the linkage!

BZ

Sun Aug 29, 11:22:00 AM PDT  
Blogger CJ said...

BZ -

I live in Michigan. Our tragedy has been on-going since Jennifer Granholm was put into office by the idiot liberals in Detroit.

cjh

Sun Aug 29, 11:31:00 AM PDT  
Blogger CJ said...

Oh, and BTW, I have a post up at my place about this now.

cjh

Sun Aug 29, 11:38:00 AM PDT  
Blogger A Jacksonian said...

Wow!

Not just fleeing the town but the State, most of them...

When CA goes so will a number of other States less well off, like MI. NY and MA are pretty much in the same boat going over the waterfall.

This Nation cannot exist as a majority 'service economy' as its economy: when you aren't making products that can sell you aren't getting income. Financial 'services' can take place anywhere on earth, now that the speed of light is the speed of transaction. Maintenance of what you have isn't creating anything, just treading water.

Now CA gets to see what it is like to have a majority dependency economy, with no one producing much of value and those actually able to make things having left the State to less hostile environs. Very soon panning for gold will come back as it may be the only way to earn anything... mind you folks will get it assayed in NV to avoid confiscatory taxes...

Sun Aug 29, 03:08:00 PM PDT  
Blogger Spokes said...

Okay...I'm not sure when Ebay departed the not-so-great state of Californicate, but, Meg Whitman, now running for Gov here in Californicate, ran Ebay for 10 years, left with billions and Ebay bails for Utah? WTF? This speaks volumes about Whitman's confidence in her own "home state" that she is now buying her way into leading it? Am I missing something here? Having been born and raised here, I'm ashamed to admit that I failed to realize so many businesses have cut-out of this state....however, I am not at all surprised they did so. Between the corrupt politicians, anti-business friendly environment and rising tax base I would do the same thing.

Sun Aug 29, 05:15:00 PM PDT  
Blogger Bloviating Zeppelin said...

cj: thanks, I'll go look!

AJ: bingo! "Services" don't cut it. You have to actually BUILD and MAKE things that people want to purchase in order to profit!

Spokes: which is why, perhaps, my brother sold his portion of a local company and retired. He exited when the exiting was still "good."

BZ

Sun Aug 29, 08:26:00 PM PDT  
Blogger Three Score and Ten or more said...

Impressive list. I was moderately surprised that some of them were moving to Oregon, where, if I have heard correctly, attempts are being made to replicate Californicate.

Tue Aug 31, 03:50:00 AM PDT  
Blogger Amusing Bunni said...

Very interesting and eye opening piece. I've heard CA was horrible, and this proves it.
It is hostile to business almost as bad as Illinois is.
This state sucks too. We are a joke, and I don't see it changing anytime soon here.

Thu Sep 09, 04:57:00 AM PDT  

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