Economy

One Of CALIFORNIA’s BIGGEST EMPLOYERS Tells The State ‘ENOUGH!’ ANNOUNCES PLANS TO …

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THIS IS HOW THE REPUBLIC WAS DESIGNED TO FUNCTION.  WE WERE SUPPOSED TO BE A COLLECTION OF STATES, EACH WITH ITS OWN LAWS AND GOVERNMENTS, ONLY TEAMING UP WHEN NEEDED FOR A COMMON DEFENSE.  CALIFORNIA WILL SOON COLLAPSE UNDER IT’S OWN WEIGHT … AND STUPIDITY

CT| Food and drink giant Nestle is about to take a “Nestea plunge” of a different sort — namely, moving its operations from liberal California all the way to business-friendly Virginia.

According to an op-ed in Investors Business Daily, Nestle USA will be moving its headquarters from the Los Angeles suburb of Glendale to Rosslyn, a Virginia city just outside Washington, D.C. It will be taking 1,200 jobs with it.

IBD writer Terry Jones pointed out that “(a)s many companies have found, California is an awful place to do business.”

“The $26-billion-a-year food conglomerate is discreet, of course, about its reasons, citing a desire to be closer to its core customers and other bland corporate pabulum,” Jones wrote. “But the fact is, Nestle and its corporate brethren in California that actually make thingsare overtaxed and overregulated, and elected officials treat them not as honored members of the community but as rapacious pirates.”

Jones also pointed out that California had already lost some Nestle jobs when the company moved the production of its “Hot Pockets” brand from California to Kentucky after it couldn’t get the permits the company needed to expand.

It wasn’t just the taxes and regulations, though. Jones pointed out that “California’s wacky laws have turned the Golden State into a venue of choice for activist groups to file costly class action lawsuits — or to launch anti-corporate PR campaigns against big, wealthy targets like Nestle.

“In recent years, Nestle has faced two such activist-led actions, both spurious: One involves allegations that Nestle improperly documented its anti-slave-labor policies. Not that it employed slave labor, it just didn’t document it online,” Jones wrote. “The other involves Nestle’s selling of California mountain water under the Arrowhead brand, a decades-old business that has suddenly become environmentally incorrect.”

Nestle isn’t the only big company to have left California. Toyota and Occidental Petroleum have both picked up stakes and moved to Texas. In fact, the Phoenix Business Journalreported that $68 billion in capital had left the state in 1,500 “disinvestment actions.” READ MORE

IT WILL NOT BE LONG NOW BEFORE MORE CORPORATIONS FOLLOW SUIT AND CALIFORNIA IS FORCED INTO BANKRUPTCY.  IT WILL BE MORE THAN INTERESTING TO SEE HOW PRESIDENT TRUMP HANDLES THAT SITUATION WHEN THE TIME COMES …

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17 Comments

  1. Arthur Frank

    June 2, 2017 at 8:47 am

    The state of Virginia better realize how much water the Nestle Company uses every year.

    • Michael

      June 2, 2017 at 11:14 am

      Like California realized what nestle was worth in revenue and jobs?

  2. Michael

    June 2, 2017 at 11:12 am

    Like California realized how much nestle was worth in revenue and jobs?

  3. C Hayes

    June 2, 2017 at 7:19 pm

    All business that leave california are smart. california is greedy and does not care about anything unless it is some kind of protest.

  4. KaliKali

    June 2, 2017 at 7:34 pm

    Nestle illegally bottled water from California public lands during the drought and then sold it for 2,800x markup. Fuck them; good riddance.

    Our state is sitting at 2.5% unemployment, which is basically non-existent. These people won’t be out of work long, nor will the properties remain vacant. Their utility will be directed towards enterprises that we Californians find acceptable.

    How privileged we are to live where we can choose what sort of businesses we want in our state. I understand it’s not like that in other states and they must do what they have to do to survive.

    • Perry campi

      June 2, 2017 at 7:48 pm

      Wow drink the kool aid and good luck. Tick tock

    • terry

      June 2, 2017 at 9:11 pm

      2.5 % unemployment? In your dreams. U have mor illegal immigrants mooching off you than that. U might feed thst shit to someone that cant read english.

      • Pam

        June 3, 2017 at 1:52 am

        Don’t let Californians fool You! .ca is broke, and losing money hand over fist! Can’t pay for all of their illegals and infrastructure…cant do it. Wants a single payer insurance plan…for Everyone, including illegals! That alone is double their annual budget. Trump better get a tight grip on his pen..hes gonna have to strangle .ca to keep them in check. Hold on, I figure we’re going to have a bumpy ride for awhile! And, please do away with sanctuary cities…WTH DO you think is right about them?

        • Karen

          June 3, 2017 at 3:19 pm

          That’s because their governor gives the money that was supposed to go to infrastructure to the illegals. That’s how they got in trouble with the dam. Obama gave him money to fix it, and he gave that to the illegals, then President Trump gave him the money, and once again, he used the money for illegals.
          What breaks my heart, is there are really good people that live in California, and they are the ones suffering at the hands of these traitors.

      • Wink

        June 3, 2017 at 1:04 pm

        I agree, I will not even visit California as much as I liked SoCal till the state went Spanish and nuts.

      • Al Traini

        June 4, 2017 at 1:15 pm

        Kali sure drank his share of the koolaid and someone elses too..His dumbass Governors Brown is digging him a swamphole that no one will get out of.. soon they will be bellyup screaming that the world is againg them looking for a hand out…will NEVER happen..DRAIN THE SWAMP

    • Greg

      June 3, 2017 at 10:27 am

      Wow !!! 2.5% unemployment rate what planet are you from billons of dollars of revenue lost and your celebrating oh i know Nestle was just a bunch of “freeloaders” suggestion cut down on the kool aid.

    • Gerald Allen

      June 3, 2017 at 1:44 pm

      They did not get the water illegally. Governor Moonbeam sold them the rights even as Calif. was going through the drought.

  5. Greg

    June 3, 2017 at 10:19 am

    California the experiment in socialism will soon collapse under its own weight let by liberals,but again maybe nestle is just a bunch of “freeloaders” .

  6. Dee

    June 3, 2017 at 12:11 pm

    I feel sorry for California. There are a lot of good, common sense people in some places but they are overpowered by those who have no morals and those who are freeloaders and those who overburden the citizens with regulations and High taxes.

  7. Mbh

    June 3, 2017 at 9:37 pm

    The comment about what Trump will do about the corporate exodus is incorrect. This is a situation that has been exacerbated beyond belief by JERRY BROWN. This is a tragedy he has refused to address, not Trump.

  8. Ernesto

    June 4, 2017 at 12:11 am

    Gov JB is the problem, rollback legislation that is TAX heavy and restrictions that stifle growth. OH ! and deport all Illegals…
    or just succeed and become a third world country.

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