10-27-2009, 04:35 PM
Location: West LA
2,318 posts, read
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Reputation: 1005
Quote:
Originally Posted by
BayAreaHillbilly
Take that list of companies and create a plot. Plot the IPO date versus profitability in a scatter plot. Oh, and the date axis goes to 2010.
If you do a similar analysis across the country, does California fair that much worse than everyone else? If not, I'd say the results of your analysis are indicative of the nation's recession as a whole, not the collapse of California.
10-27-2009, 05:02 PM
Location: Palm Springs, CA
24,564 posts, read
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Reputation: 5990
Out of all of the Fortune 500 companies in the United States, nearly 20% of them (98 companies, to be exact) are headquartered in California.
To say that California is dying, or that it's similar to a Rust Belt state is laughable.
Fortune 500 2009: States: California Companies - FORTUNE on CNNMoney.com
10-27-2009, 05:07 PM
2,564 posts, read
4,232,543 times
Reputation: 1220
Quote:
Originally Posted by
BayAreaHillbilly
The Time article presumes that Green tech, stem cell Frankenscience, foodie fetishes and all sorts of kumbaya navel gazing activity constitute "the official" future of the country and the World and therefore California is ahead of the curve.
The article did mention a lot about California's technology, which could rival Japan in a few years. What really interested me is the "new big 3" which are Tesla, Fisker, and Better Place, all California-based auto companies making electronic cars, which will make Ford and GM cars obsolete.
10-27-2009, 05:10 PM
Location: In them thar hills
6,595 posts, read
6,300,630 times
Reputation: 2833
Quote:
Originally Posted by
SEAandATL
The article did mention a lot about California's technology, which could rival Japan in a few years. What really interested me is the "new big 3" which are Tesla, Fisker, and Better Place, all California-based auto companies making electronic cars, which will make Ford and GM cars obsolete.
Green tech = money wasting fad.
Mark these words.
10-27-2009, 05:37 PM
Location: Palm Springs, CA
24,564 posts, read
11,692,779 times
Reputation: 5990
Quote:
Originally Posted by
BayAreaHillbilly
Green tech = money wasting fad.
Oh yeah. For example, the Toyota Prius has been a huge failure.
10-27-2009, 08:46 PM
Location: Tri-Lakes area, SW MO
15,591 posts, read
9,817,505 times
Reputation: 12175
Quote:
Originally Posted by
AnUnidentifiedMale
Oh yeah. For example, the Toyota Prius has been a huge failure.
No it hasn't but I think only because Californians are snapping it up. Quite honestly and although I certainly and admittedly haven't been on the lookout for them, I don't remember seeing one where we are or in our 2,000+ mile trek to get here.
10-27-2009, 08:51 PM
11,617 posts, read
18,118,607 times
Reputation: 6638
Quote:
Originally Posted by
AnUnidentifiedMale
Oh yeah. For example, the Toyota Prius has been a huge failure.
The Prius is one of those things people buy to gain "green-cred" with their greenie friends and project an image that they care, not because it actually makes anything better. So yeah, it's popular in California.
10-27-2009, 09:27 PM
Location: Palm Springs, CA
24,564 posts, read
11,692,779 times
Reputation: 5990
Quote:
Originally Posted by
EscapeCalifornia
The Prius is one of those things people buy to gain "green-cred" with their greenie friends and project an image that they care, not because it actually makes anything better. So yeah, it's popular in California.
Your hostility toward anything associated with California is palpable. Hope you can move soon.
10-27-2009, 09:33 PM
11,617 posts, read
18,118,607 times
Reputation: 6638
Quote:
Originally Posted by
AnUnidentifiedMale
Your hostility toward anything associated with California is palpable. Hope you can move soon.
So do I.
10-27-2009, 10:55 PM
Location: Up in the air above Boston
16,034 posts, read
8,558,823 times
Reputation: 11893
Quote:
Originally Posted by
BayAreaHillbilly
Green tech = money wasting fad.
I can't agree with you there. My company is slated to become one of the largest 'green' certified buildings in California, we're giving lots of people work (installing and maintaining solar panels, waste water recycling for landscaping etc etc.) and being the guinea pigs for a few new 'green' technologies. In my industry being 'green' isn't common...so we're trying our best to set a good example through what we do.
If you can't see the technology and where it's going.... you may need to open your eyes a little wider.
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People in Group quarters - Local jails and other confinement facilities (including police lockups) (%)
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