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Old 10-27-2009, 04:35 PM
 
Location: West LA
2,318 posts, read 7,842,045 times
Reputation: 1125

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Quote:
Originally Posted by BayAreaHillbilly View Post
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.

Then tell me that everything is just fine and dandy.
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.
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Old 10-27-2009, 05:02 PM
 
26,680 posts, read 28,659,127 times
Reputation: 7943
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
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Old 10-27-2009, 05:07 PM
 
6,540 posts, read 12,032,561 times
Reputation: 5234
Quote:
Originally Posted by BayAreaHillbilly View Post
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.

To me, these are the dying embers of late 20th Century extreme decadence, and therefore, CA is going the way of the Rust Belt, or maybe the dinosaurs.
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.
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Old 10-27-2009, 05:10 PM
 
12,823 posts, read 24,390,321 times
Reputation: 11042
Quote:
Originally Posted by SEAandATL View Post
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.
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Old 10-27-2009, 05:37 PM
 
26,680 posts, read 28,659,127 times
Reputation: 7943
Quote:
Originally Posted by BayAreaHillbilly View Post
Green tech = money wasting fad.

Mark these words.
Oh yeah. For example, the Toyota Prius has been a huge failure.
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Old 10-27-2009, 08:46 PM
 
Location: SW MO
23,593 posts, read 37,462,837 times
Reputation: 29337
Quote:
Originally Posted by AnUnidentifiedMale View Post
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.
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Old 10-27-2009, 08:51 PM
 
11,715 posts, read 40,438,984 times
Reputation: 7586
Quote:
Originally Posted by AnUnidentifiedMale View Post
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.
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Old 10-27-2009, 09:27 PM
 
26,680 posts, read 28,659,127 times
Reputation: 7943
Quote:
Originally Posted by EscapeCalifornia View Post
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.
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Old 10-27-2009, 09:33 PM
 
11,715 posts, read 40,438,984 times
Reputation: 7586
Quote:
Originally Posted by AnUnidentifiedMale View Post
Your hostility toward anything associated with California is palpable. Hope you can move soon.
So do I.
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Old 10-27-2009, 10:55 PM
 
Location: Up in the air
19,112 posts, read 30,617,448 times
Reputation: 16395
Quote:
Originally Posted by BayAreaHillbilly View Post
Green tech = money wasting fad.

Mark these words.

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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