Tag: Companies leaving California

Companies FLEEING California

Companies FLEEING California

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Staying on the economic topic for a while since the United States Government is following the California model of success. 😯

California companies fleeing the Golden State

NEW YORK (CNNMoney) — Buffeted by high taxes, strict regulations and uncertain state budgets, a growing number of California companies are seeking friendlier business environments outside of the Golden State.

And governors around the country, smelling blood in the water, have stepped up their courtship of California companies. Officials in states like Florida, Texas, Arizona and Utah are telling California firms how business-friendly they are in comparison.

Companies are “disinvesting” in California at a rate five times greater than just two years ago, said Joseph Vranich, a business relocation expert based in Irvine. This includes leaving altogether, establishing divisions elsewhere or opting not to set up shop in California.

“There is a feeling that the state is not stable,” Vranich said. “Sacramento can’t get its act together…and that includes the governor, legislators and regulatory agencies that are running wild.”

The article doesn’t say that one of the biggest problems is the population. The remaining population is unqualified to work in a successful company. There are plenty of fast food, cashiers, sales folks, and yard workers. But there are very few industrial experienced people. Not to mention there are very few that are worth taking a chance on. The “Diversity” experiment has failed miserably. WHY?

The fact is we didn’t expect those that come here to become AMERICANS. We allowed them to continue and enforce their own country’s failures on us. California is an example of liberal leadership.

I stated in 2006 when Pelosi took over the speaker gavel that the nation will now experience California leadership… Was I right?

The last part in the article Gavin Newsome (Lt GOV, former SF mayor.. You may remember his “So goes the nation” statement on gay marriage) Says:

“Later this year, California will set up a new agency that will serve as a focal point for economic development and job creation, he said. Among its goals will be to reverse the perception that California is business-unfriendly.

“We’re going to start pounding away at this and begin to slowly turn this around,” he said”

Which is part of the problem. Obama set up agencies, commissions and panels to fix the economy. IF you don’t follow the advice, your pissing into the wind. I expect the agency Newsome sets up to be about as useful as tits on a bull.

Hang in there Texas, you’re our only hope. Demand that people when coming to Texas become TEXANS. Don’t allow them to bring their dumbassery to Texas and infest a good thing…

Business Leaving California…FAST!

Business Leaving California…FAST!

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So, what do businesses do when a state becomes so anti-business that businesses can’t make money? Well, they leave. Where do they go? Anywhere that treats them better. The question then becomes; What do businesses do when a COUNTRY becomes anti-business?

‘Leaving Cal.’ list grows to 144 firms

Irvine consultant Joe Vranich, who has been compiling a list of companies leaving California because of the state’s anti-business environment, is now up to 144 companies that have departed in 2010, including 34 in Orange County.

In addition, he lists 51 companies (8 from Orange County) that left in 2009. That three-fold increase, Vranich says, is the tip of the iceberg that is California’s financial woes.

“Quite clearly, the exodus of businesses out of California continues. It makes sense for companies to reduce their California footprint considering the ample supply of attractive, lower-cost alternative locations. Unless California reduces its hostility toward business, we will see more commercial enterprises seeking friendlier locations in which to relocate entirely or at least place facilities there that used to be located here.”

Among the Orange County companies new to his list are Boeing, Kennametal Inc., Latex International, Multi-Fineline Elextronix Inc., NGK Spark Plug Co.,  Smith Micro Software Inc. and Witt Heat Transfer Products Group, most of which have been previously reported by the Register. Vranich says Orange County may be over-represented on his list because news reports are one source of his information and the Register reports business comings and goings more than some publications.

So what will California’s counterparts at the federal level do?

Well since businesses are leaving California for better environments for business, the federal Government will stop it by making ALL states anti-business, there-by giving businesses no where else to go.. See how simple solutions are?

This is what is happening to our country. It’s not rocket science folks. Businesses don’t hire more people because the taxes coming down the pike are going to impact profits, profits are what businesses are looking for. One less employee keeps that salary in the shareholders/owners pocket and that’s what makes the country work. Profits and loss, risk and reward, return on investment.

Moving to another state with a more friendly business environment makes good business sense. IF there is no change to our current ruling body, you will be seeing the massive exodus of a lot of businesses from the COUNTRY. ObamaCare put a knife in the backs of all the working class Americans. The sad part is the unions can’t see they are voting for their own demise.