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California’s Largest Corporation is Headed for the Exit (Golden State Death Watch™}
Front Page ^ | 12/25/2012 | Daniel Greenfield

Posted on 12/25/2012 2:02:32 PM PST by Kolath

Chevron is California’s largest corporation, but it seems to be making the move to becoming Texas’ largest corporation instead. That’s 800 jobs out the door which gives Chevron a larger presence in Texas than it still has in California.

(Excerpt) Read more at frontpagemag.com ...


TOPICS: Business/Economy; Front Page News; US: California; US: Texas
KEYWORDS: bluestates; california; chevron; exodus; oil; texas
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1 posted on 12/25/2012 2:02:41 PM PST by Kolath
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To: Kolath

Get out before the “exit tax” is voted into law.


2 posted on 12/25/2012 2:10:00 PM PST by Huskrrrr
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To: Huskrrrr; Kolath
there can be no greater illustration of the lunacy of liberalism than the example that in the face of a dying economy and the loss of high paying jobs daily that only answer the democrat controlled legislature can come up with is an "EXIT TAX".

Share this with friends, it's what liberals call a 'teachable moment'.

3 posted on 12/25/2012 2:18:25 PM PST by Baynative
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To: Kolath

Need something like Directive 10-289.


4 posted on 12/25/2012 2:21:23 PM PST by Tea Party Terrorist (Your tattoo looks stupid.)
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To: Tea Party Terrorist

Gigantic bump.


5 posted on 12/25/2012 2:24:04 PM PST by Cringing Negativism Network
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To: Baynative

It’s not just a corporation’s exit that should concern Californian’s. Once a corporation leaves, it’s not coming back. The Democrats are doing so much damage to the state of California, that not even a change in government is going to repair this.


6 posted on 12/25/2012 2:24:14 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: Huskrrrr

Yep, they are getting out while the getting is good. It’s too bad that so many of the “commoners” can’t do the same because they are tied down by mortgages, jobs or family ties.


7 posted on 12/25/2012 2:26:35 PM PST by The Working Man
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To: Kolath

Democrats just don’t get it.


8 posted on 12/25/2012 2:27:50 PM PST by bmwcyle (We have gone over the cliff and we are about to hit the bottom)
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To: Kolath

If California was run by Republicans instead of Democrats, the truth would already be out about it going over the fiscal cliff. Unfortunately, the working class are being raped and robbed by the welfare class. California will probably never be run by the GOP due to the Prison Guard and Teacher’s Unions. They run it through Governor Brown and his illegal third term in office.


9 posted on 12/25/2012 2:28:31 PM PST by Nitehawk0325 (All praise King Obama and bend over backwards for him.)
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To: The Working Man

Now if only some Texas corporations would make some moves to protect America jobs, we’d have the basis for a rejuvinated GOP in the makings.

Bring back US jobs.

Bump.


10 posted on 12/25/2012 2:28:49 PM PST by Cringing Negativism Network
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To: Kolath

The eastern border of California is the new iron curtain.


11 posted on 12/25/2012 2:30:37 PM PST by Sgt_Schultze (A half-truth is a complete lie)
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To: Kolath

California killed the goose that was laying the golden eggs.


12 posted on 12/25/2012 2:30:57 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Kolath

No kidding A-holes. When your company moves to Texas, leave your leftist California BS there. DOn’t screw up a good place.


13 posted on 12/25/2012 2:32:46 PM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office.)
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To: Kolath

Yeah but California will get all the new wind and solar companies. Maybe even the algae.


14 posted on 12/25/2012 2:32:50 PM PST by crusty old prospector
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To: Kolath

If this keeps up, they might just build a wall — not to keep out the illegal homeboys, oh no, not that. The wall will be built to keep anybody that has a pot to whizz in actually in the state long enough to steal their pot.


15 posted on 12/25/2012 2:34:16 PM PST by L,TOWM (No one in the US is free of the spirit of entitlement)
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To: Huskrrrr

Welcome, to the Hotel California

16 posted on 12/25/2012 2:37:36 PM PST by Flick Lives (We're going to be just like the old Soviet Union, but with free cell phones!)
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To: Sgt_Schultze

We need some FR fans to build a billboard on the interstate prior to CA, warning of few jobs and higher taxes ahead. Place these signs on all roads leading to CA.
Maybe some will get the warning./S


17 posted on 12/25/2012 2:37:51 PM PST by 9422WMR (Life is not fair, just deal with it)
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To: Kolath
Chevron is California’s largest corporation, but it seems to be making the move to becoming Texas’ largest corporation instead.

Um, the largest Texas-based corporation is ExxonMobil which is headquartered in Irving, Texas. It is bigger than Chevron.

18 posted on 12/25/2012 2:39:07 PM PST by rustbucket
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To: The Working Man

The locals may find that there are no jobs before long. If that happens they will lose their mortgage. So I guess they will sleep on the street with their other family members

Just leave


19 posted on 12/25/2012 2:42:47 PM PST by Fai Mao
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To: The Working Man

The locals may find that there are no jobs before long. If that happens they will lose their mortgage. So I guess they will sleep on the street with their other family members

Just leave


20 posted on 12/25/2012 2:43:01 PM PST by Fai Mao
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To: Kolath

The Starship California continued its death dive into the black hole! Escape pods launched into the vast stellar expanse towards safer locales, despite Captain Brown's, insistence that diverting all power to forward thrusters would pull the craft away from destruction.


21 posted on 12/25/2012 2:47:38 PM PST by COBOL2Java (kak-is-toc-ra-cy: Government by the least qualified or most unprincipled citizens. See: GOP-e)
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To: Jonty30

According to Rick Snyder, the MEDC (Michigan economic development Corp.) has seen a significant uptick in inquiries over the past week since the passage of RTW, considerable relaxation of regulations and tax cuts.

He said its too early to name names but there is considerable interest.


22 posted on 12/25/2012 2:55:15 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Drango

California killed the goose that was laying the golden eggs.
+++++++++++++++++++++++

Killed, eaten, and now demanding that you fork over your golden eggs.


23 posted on 12/25/2012 2:59:35 PM PST by Kolath
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To: Jonty30

The only companies that can’t leave California are produce companies, because that’s where the growing is. Beyond that, I think this is only the beginning.


24 posted on 12/25/2012 3:00:29 PM PST by Baynative
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To: Kolath

These are top tier companies within their respective industries, moving away.

Usually not all at once.

It took Fluor Corp. about 20 years to migrate out of California. It was headquartered in California since its founding at the start of the 20th century, and it became one of the largest international engineering companies in the world.

Southern California also housed its largest operating division, followed by Houston, in size.

Starting in the 1980s customers called for work to be done in Texas, to save costs, in the largely cost-plus mode of business.

By the early 2000s most employment had shifted to Texas, finalized by moving the corporation’s headquarters to Irving TX, a Dallas suburb.

Fluor and Bechtel (San Francisco) frequentlycompete for #1 in the world, measured by Engineering News Record, an industry magazine.

https://enr.construction.com/toplists/DesignBuild/001-100.asp

The pattern repeats, concerning Real Estate Title Insurers.

First American is the nation’s largest. Fidelity is 2nd.

A few years ago Fidelity moved corporate Hq. from Santa Barbara CA, to Jacksonville FL.

Northrup-Grumann is one of the largest Defense contractors, and they recently moved Corp. Hq. from SoCal to a Wash. DC subrb.

California lawmakers can’t be oblivious to these facts.

Once gone, the Corporate taxes and employee taxes paid in California go away permanently.

California once had weather, lifestyle and growing economy to attract businesses and employees.

Now just weather. If you plan to be a young adult without a good job, it is still a fun place for you, your skateboard, etc.


25 posted on 12/25/2012 3:02:34 PM PST by truth_seeker
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To: Kolath

So bye-bye, Miss American Pie.
Drove my chevron to the levee,
But the levee was dry


26 posted on 12/25/2012 3:03:34 PM PST by bunkerhill7 (Go east??)
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To: Kolath

Sad to see this happening to what was once the best spot in the lower 48 (and my birthplace), but it is what it is.

Hopefully one day after California hits rock bottom, the citizens there will begin demanding more conservative governance. Until then, the exodus will continue.

27 posted on 12/25/2012 3:07:32 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Kolath

Can’t fix stupid and apparantly can’t vote it out either. The termites will literally have to destroy the edifice and come crashing down. Disgusted with the whole lot of them and yet they multiply. Help us O God.


28 posted on 12/25/2012 3:11:25 PM PST by tflabo (Truth or Tyranny)
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To: The Working Man
It’s too bad that so many of the “commoners” can’t do the same because they are tied down by mortgages, jobs or family ties.

When I left California seven years ago, I left behind the place of my birth, my entire immediate and extended family, and every friend I'd ever known. I sold our house, shut down our very successful business, and moved everything to Texas.

Yes, it took courage, but given the future my kids were facing in California, I did it without losing a minute of sleep. Anyone can leave the state if they've got a strong enough purpose to do so.

29 posted on 12/25/2012 3:13:42 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: truth_seeker
"California lawmakers can’t be oblivious to these facts."

I wouldn't bet good money on that.

30 posted on 12/25/2012 3:24:00 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Kolath

Dallas/Ft. Worth or Houston?


31 posted on 12/25/2012 3:38:12 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: The Working Man

You can buy two or three nice houses in Texas for what your home in California costs. And Texas is one of the few places that still has jobs and an economy.

http://www.indeed.com/jobs?q=&l=76208


32 posted on 12/25/2012 3:45:06 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: Tea Party Terrorist
Directive 10-289.

Don't give nObama or his team of minions, hangers-on and disciples any ideas! I doubt even John Galt could extricate us from the crap sandwich that Washington will be force-feeding us next year.

33 posted on 12/25/2012 3:48:36 PM PST by ssaftler (This tagline on vacation until 1/2/13.)
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To: Kolath

My first reaction was that this move would be a boon to Texas’ economy but on second thought I also realize that this also means 800 more liberals to screw up the vote next time around.

There are already many cars cruising around in Houston with foreign license plates that say ‘Land of Lincoln’, ‘The Garden State’ and ‘The Golden State’, etc.

Pretty soon Texas will become just like the states that these folks are trying to escape.


34 posted on 12/25/2012 3:54:36 PM PST by 353FMG
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To: Huskrrrr

Agree. Exit taxes are coming to the thug, socialist states.


35 posted on 12/25/2012 4:05:13 PM PST by tennmountainman
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To: 353FMG
Pretty soon Texas will become just like the states that these folks are trying to escape.

Happened to New Hampshire, almost overnight.

36 posted on 12/25/2012 4:05:47 PM PST by LurkingSince1943 (Former War Criminal)
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To: Baynative

While the illegals are sneaking into CA,
Legals will sneaking out, to avoid the coming Exit Taxes.


37 posted on 12/25/2012 4:07:44 PM PST by tennmountainman
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To: Kolath

Welcome....but leave your looney Leftist ideas at the border. We like Texas the way it is. If you don’t, move to one of the sink-hole states that have more government jobs than private sector jobs.


38 posted on 12/25/2012 4:09:46 PM PST by txrefugee
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To: 2ndDivisionVet

“You can buy two or three nice houses in Texas for what your home in California costs. And Texas is one of the few places that still has jobs and an economy.”

Yep I moved away 7 years ago and took my house windfall and bought nice home in downtown Houston, a lake house on a acre with boathouse, a 85 acre ranch and a marina.

Cheap cheap here and land now is the #1investment


39 posted on 12/25/2012 4:11:23 PM PST by bestintxas (Anyone who votes for Obama after these 4 miserable years needs to take a mandatory citizenship test.)
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To: Kolath

Gone to Texas


40 posted on 12/25/2012 4:26:48 PM PST by Redmen4ever
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To: Baynative

Brainwashed commies can’t be taught. They will blame the evil oil companies rather than their comrades in gummit.

Merry Christmas


41 posted on 12/25/2012 4:27:17 PM PST by bray (Welcome to Obamaville)
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To: rustbucket

I thought Apple Computer was the biggest company in California.


42 posted on 12/25/2012 4:38:29 PM PST by Fai Mao
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To: rustbucket
Um, the largest Texas-based corporation is ExxonMobil which is headquartered in Irving, Texas. It is bigger than Chevron.

Last I looked, Apple was larger than either one. Maybe not anymore since the stock is down.

43 posted on 12/25/2012 4:43:58 PM PST by CurlyDave
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To: Kolath

I’m glad the actors will be left behind. It would make a great twilight zone episode.


44 posted on 12/25/2012 4:45:54 PM PST by St_Thomas_Aquinas
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To: LurkingSince1943
Pretty soon Texas will become just like the states that these folks are trying to escape.

We should confront every transplanted liberal from a blue state and ask them why they moved. Their answers will be fodder to 'try' and teach them on the stupidity of voting for Dems for which later they flee. One can only hope the logic penetrates some dead brains and hearts of stone.

45 posted on 12/25/2012 5:04:48 PM PST by tflabo (Truth or Tyranny)
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To: Fai Mao

I believe Apple is coming to Nevada - parts of it are anyway.


46 posted on 12/25/2012 5:05:40 PM PST by Duchess47 ("One day I will leave this world and dream myself to Reality" Crazy Horse)
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To: Windflier
Left in '97........

Born and raised SoCal native.

Married, had kid's..surfed, skied, fished and hunted there.

Got the heck out of there...

47 posted on 12/25/2012 5:16:15 PM PST by Osage Orange ( Liberalism, ideas so good they have to be mandatory.)
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To: Fai Mao

“The locals may find that there are no jobs before long.”

No matter. We taxpayers will support them.


48 posted on 12/25/2012 5:21:22 PM PST by MayflowerMadam
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To: Osage Orange

I remember going to Cali for the first time as a young man in the early 70s. It was amazing for sure. Good weather, booming economy, cute girls.

California has always been a cultural bellwether for the USA. That continues today, but it portends doom.


49 posted on 12/25/2012 5:24:35 PM PST by nascarnation (Baraq's economic policy: trickle up poverty)
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To: Tea Party Terrorist

Ayn Rand freak


50 posted on 12/25/2012 5:34:25 PM PST by Joe Boucher ((FUBO))
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