Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-11-2011, 01:37 PM
 
2,311 posts, read 3,505,495 times
Reputation: 1223

Advertisements

Cisco could cut up to 5,000 jobs starting in August, analyst says - San Jose Mercury News

Next up is HP and some other big tech Juggernauts ...
Europe is once again rolling over w/ eurozone members :
Italy, Greece, Spain, and Portugal on deathwatch...

America is facing similar debt issues w/ both political parties competing to see who can be the biggest moron...

No one is focusing on shrinking govt.... Lowering taxes .. Lowering expectations of govt. services in line w/ economic output and realistic prosperity ... No trade regulations to level the global playing field ....

letting the private sector breathe so jobs can be created....

No worries.. Dunce cap demand is way up :

Review & Outlook: Taxes Upon Taxes Upon . . . - WSJ.com
SPIN METER: Obama, Dems skirt issue on tax hikes - Boston.com

Reoccurring theme... Govts. saddle tax payers w/ ever increasing loads of debt. to fund idiotic non-essential .. non-beneficial services... whether it be to continue blowing up dirt half way across the world, to increase staff to increase their pay, to cater to lobbyist and corporations who give them a messily $100,000 re-election check... the beast/cancer needs more money ...


Predictions : eurozone debt default.. Euro currency collapse back to parity ...
Debt ceiling gets hiked .. no new taxes or cuts ... the idiot can kicking continues...

unemployment continues to creep up as it is... and well, things get interesting...

-> REITS
-> Dividend paying stocks
-> strategic shorting of the market ...

Keeping money liquid for when the bottom falls out .... then buy assets

Reply With Quote Quick reply to this message

 
Old 07-11-2011, 03:43 PM
 
Location: The High Seas
7,372 posts, read 16,014,058 times
Reputation: 11867
Another one that needs music:


YouTube - ‪War - Cisco Kid‬‏
Reply With Quote Quick reply to this message
 
Old 07-11-2011, 04:12 PM
 
Location: Paso Robles, CA
63 posts, read 116,076 times
Reputation: 32
Quote:
Originally Posted by Snort View Post
And good music it is. They're coming to the Midstate fair this year, free stage. Gonna see this one
Reply With Quote Quick reply to this message
 
Old 07-11-2011, 05:13 PM
 
Location: San Diego
50,283 posts, read 47,032,885 times
Reputation: 34066
I work for a very large tech Company and they have been laying off an average of 10 people per week since 08. Some hirings but mostly layoffs.
Reply With Quote Quick reply to this message
 
Old 07-11-2011, 08:14 PM
 
25,619 posts, read 36,697,144 times
Reputation: 23295
Just like you predicted. Where's 18monty when you need him.
Reply With Quote Quick reply to this message
 
Old 07-11-2011, 08:32 PM
 
Location: Declezville, CA
16,806 posts, read 39,942,396 times
Reputation: 17694
Isn't he a her?
Reply With Quote Quick reply to this message
 
Old 07-11-2011, 09:06 PM
 
Location: SW MO
23,593 posts, read 37,475,357 times
Reputation: 29337
The jury's still out!
Reply With Quote Quick reply to this message
 
Old 07-11-2011, 10:57 PM
 
2,311 posts, read 3,505,495 times
Reputation: 1223
Cisco Said to Be Cutting as Many as 10,000 Jobs - Bloomberg
Cisco Said to Be Cutting as Many as 10,000 Jobs
Correction.. I lied.
Reply With Quote Quick reply to this message
 
Old 07-11-2011, 11:56 PM
 
Location: Los Altos Hills, CA
36,658 posts, read 67,519,268 times
Reputation: 21239
Quote:
Originally Posted by yeahthatguy View Post
No one is focusing on.....letting the private sector breathe so jobs can be created
^This is an utterly ridiculous statement.

"Letting the private sector breathe?". Gimme a 'effing break.

The private sector is sitting pretty as far as profits and have hoarded awa between $1-2 TRILLION in cash on hand.
Quote:
In past articles we have discussed the record amount of cash that corporate strategics are sitting on. Estimates vary, depending on the source, from over $1 trillion to up to $1.9 trillion. According to Cap IQ, as quoted in a recent article in TheDeal.com:

The CEO's Dilemma: Build or Buy?
They have absolutely ZERO incentive to create jobs because they now know that even if they mismanage their companies to near collapse, they can always fall back on huge government bailouts which our idiots in office will gladly hand over because they dont want to be accused of being responsible for mass layoffs, which the companies get away with anyway.

Spare us your tears for the plight of the private sector-they are doing great.
Reply With Quote Quick reply to this message
 
Old 07-12-2011, 12:02 AM
 
Location: Los Altos Hills, CA
36,658 posts, read 67,519,268 times
Reputation: 21239
Furthemore, your new promised land isnt doing so hot either:
Quote:

Texas employers reported eliminating 2,945 positions in June, the second highest amount nationally.

Outplacement firm Challenger, Gray & Christmas Inc. reported the Lone Star State coming in second only to California with 3,090 layoffs.

Texas reports second-most job cuts in June | Dallas Business Journal
Oh no, the horror.

Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California
Similar Threads
View detailed profiles of:

All times are GMT -6. The time now is 08:16 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top