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Intel CEO Otellini: California Is on a Downhill Slide
WSJ ^

Posted on 10/03/2012 3:37:16 PM PDT by Red in Blue PA

Intel Chief Executive and San Francisco native Paul Otellini is not happy with the direction of his home state and worries that it could go the way of Greece.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections; US: California
KEYWORDS:

1 posted on 10/03/2012 3:37:21 PM PDT by Red in Blue PA
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To: Red in Blue PA

Talk about inheriting a disaster. Why would Campbell or anyone in their right mind even think for one second about running for Governor.


2 posted on 10/03/2012 3:43:58 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: Red in Blue PA
Guys like Otellini are the problem.

He's agitated to import more and more Third Worlders for cheap wages.

They're the ones guzzling the cash in the form of overcrowded schools (The Teachers Union loves it cuz itz more bizness for them), welfare usage (ads in China: "Retire to California! Stupid Americans give you retirement money!"), solid Democratic party votes, etc etc.

Spare me the crocodile tears Paul. You voted for it.

3 posted on 10/03/2012 3:45:13 PM PDT by Regulator
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To: Red in Blue PA

First step in solving the problem is to admit you have a problem.

By electing Brown, they not only denied there is a problem but are actively sticking their fingers in their ears and saying, “LALALALA, I CAN’T HEAR YOU” whenever the subject is raised.


4 posted on 10/03/2012 3:45:22 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Red in Blue PA

I used to work for Intel—in Arizona. I didn’t know that they haven’t added a job in California in 10-12 years, but I’m not surprised considering how much more of a salary they would have to pay them there. I can’t imagine anyone who has kids would want to stay in their Santa Clara location when real estate has always been significantly cheaper near their Chandler, Arizona facilities.


5 posted on 10/03/2012 3:46:01 PM PDT by JeffChrz (What is in the president's college transcripts that he's trying to hide?)
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To: Regulator

To be fair, US schools aren’t turning out the number or quality of engineers and PHD’s companies like Intel need to stay ahead of the foreign competition.


6 posted on 10/03/2012 3:47:08 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Spktyr

13 years ago CA was the envy of every state. Now it is on the verge of becoming Greece. Imagine what it will look like in 10 years should its trajectory continue!


7 posted on 10/03/2012 3:47:38 PM PDT by Red in Blue PA (Read SCOTUS Castle Rock vs Gonzales before dialing 911!)
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To: Red in Blue PA

And what Presidential candidate will win CA with 60+% of the vote? You reap what you sow.


8 posted on 10/03/2012 3:54:21 PM PDT by hawkeye101 (Ron Paul attacked every Republican in the 2012 race EXCEPT for Mitt Romney.)
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To: Red in Blue PA

I’ll be the majority of his donations and votes go to Dems.


9 posted on 10/03/2012 4:00:33 PM PDT by NewHampshireDuo
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To: Red in Blue PA

We’re already way past Greece. More like Rome in the Dark Ages.


10 posted on 10/03/2012 4:10:52 PM PDT by Argus
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To: Red in Blue PA

I live in California.

A closer analogy would be that it’s going the way of Mexico.


11 posted on 10/03/2012 4:26:53 PM PDT by waus (FUBO UFCMF, Just in case I stuttered, FUBO)
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To: JeffChrz
I can’t imagine anyone who has kids would want to stay in their Santa Clara location when real estate has always been significantly cheaper near their Chandler, Arizona facilities.

Where you work is dependent on your employer's owners. They get to decide.

In CA, superior weather, you don't have to stay indoors for months at a time. Also the water is better than Colorado river runoff.

12 posted on 10/03/2012 4:30:18 PM PDT by cicero2k
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To: cicero2k
Also the water is better than Colorado river runoff.

Except in San Diego where the water is mostly from the Colorado. Lots of lettuce hormones and perchlorates added on the way through the Imperial Valley to San Diego. Extra yummy. If you drink the tap water, you really have a death wish. I lost 3 dogs to stomach cancer over the years in San Diego.

13 posted on 10/03/2012 5:10:32 PM PDT by Myrddin
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To: Regulator
He's agitated to import more and more Third Worlders for cheap wages.

Spare me the crocodile tears Paul. You voted for it.

There is nothing in the article to indicate he "voted for it." Nor is there anything in the article to suggest that his company uses imported "Third Worlders."

Please point me to some links to support what you've asserted.

14 posted on 10/03/2012 5:40:29 PM PDT by BfloGuy (Without economic freedom, no other form of freedom can have material meaning.)
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To: Spktyr
To be fair, US schools aren’t turning out the number or quality of engineers and PHD’s companies like Intel need to stay ahead of the foreign competition

Only because people like Otellini won't hire their graduates.

15 posted on 10/03/2012 5:43:19 PM PDT by Regulator
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To: BfloGuy
Why would I bother?

I'm sitting a few miles from the guy. Been here for a few decades, seen the whole damn thing happen, lived it/breathed it/have been shocked by it.

Provide you proof? Of what? Your own ignorance of what's happening out here in the real world?

Gimme a break, Chester.

16 posted on 10/03/2012 5:47:22 PM PDT by Regulator
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To: Red in Blue PA
13 40 years ago CA was the envy of every state.

Cali hasn't been the envy of any state for a very long time now. I know. I'm from there.

17 posted on 10/03/2012 5:55:50 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Regulator

Nope. They do still hire the competent ones, all they can get, actually.

The problem is that schools are churning out liberal arts degrees and not enough technical degrees. Further the quality they have offered has distinctly declined.


18 posted on 10/03/2012 6:14:49 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Red in Blue PA

bump


19 posted on 10/03/2012 6:57:16 PM PDT by Wuli
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