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Oracle Moving HQ to Austin

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Re: Oracle Moving HQ to Austin

#421

Post by disgruntledphd2 »

rayiner wrote: post #312
kevin_thibedeau wrote: post #246

Earlier quoted context omitted.

The Republican party was the party of the "wealthy elite" back then. They rebranded themselves as the standard bearer of Christian values to boost their voter base. Now their base is so hooked on this tribal identity they will vote for candidates whose behavior is antithetical to the stated party platform.

The Republican Party has been a fusion of business elite and evangelical Christians since its inception. The two groups not only broadly overlapped, see https://en.wikipedia.org/wiki/Quakers , but both had adverse interests to the slaveholding south. The religious segment opposed slavery, and the business segment favored economic policies favorable to manufacturing industry (e.g. a strong currency, tariffs, and infra…

I really don't think that one can draw a line from the Quakers to the modern evangelical Christians. The Quakers were/are probably the closest Christian denomination to the actual lived beliefs expressed in the New Testament.

Maybe I just miss this, but that doesn't seem to match up with current evangelical support of the Republican party.

Re: Oracle Moving HQ to Austin

#423

Post by _lazlo »

trident1000 wrote: post #393
redisman wrote: post #377

Earlier quoted context omitted.

Seems like a good time to invest in some Austin real estate

This is exactly how California was a red state during the silicon boom and then turned into a blue state thereafter. Everything gets expensive and then people look to the government.

People look to the government and then things get expensive.

Re: Oracle Moving HQ to Austin

#424

Post by simonebrunozzi »

vincentmarle wrote: post #247
beagle3 wrote: post #42

Likely irrelevant, but reminded me of this[0]: """Basically, we’re moving because of William Whyte‘s rule: virtually all corporate relocations involve a move to a location which is closer to the CEO’s home than the old location. Whyte discovered this principle after an extensive study of Fortune 500 companies that left New York City for the suburbs in the 1950s and 1960s""" Tesla will likely move its HQ to Texas foll…

Same with the Amazon "HQ2" relocation, all of the options that were considered happened to be places where Jeff Bezos owns a home.

Very weak correlation, and hard to prove that "all options" "owned a home"

Re: Oracle Moving HQ to Austin

#425

Post by ericmay »

mulcahey wrote: post #416
jb775 wrote: post #407

Earlier quoted context omitted.

I'd guess that Musk personally moved to TX because he's planning on moving SpaceX and (possibly) Tesla HQs to TX. TX has lots of cheap land, low taxes, business-friendly politics, low cost of living (for employees)....CA is basically the opposite and getting worse.

SpaceX and Tesla cannot move with the ease of software companies due to the facilities and equipment needed to build, test (and in SpaceX's case, launch & land) their vehicles.

???? You can keep factories open in other places and relocate corporate staff comparatively easily. Not to mention you can also build new factories and facilities close to the new HQ once the move happens.

Re: Oracle Moving HQ to Austin

#426

Post by ericmay »

na85 wrote: post #366
zaphirplane wrote: post #160

Earlier quoted context omitted.

Interesting, somehow I don’t think how companies where run in the 1950-1960 translates to today Look at the google ML firing/resigning storm, in the 50s someone fired end of story not the CEO saying they will investigate (honesty transparency aside)

>Interesting, somehow I don’t think how companies where run in the 1950-1960 translates to today In some ways maybe. In the 50s your wife stayed home to work while you worked a blue-collar job, probably having only a high school diploma (if that), and your blue-collar job supported a family of 2.1 kids, your wife, Rex the dog, a car, and a mortgage in the suburbs. Oh and it probably came with a pension. Everyone smok…

> Sexual harassment of female employees is still routine and casual racism is institutionalized but perhaps less overt today.

Please define what you mean by routine here.

Can you expand on what you mean by “casual racism is institutionalized but perhaps less overt”?

Re: Oracle Moving HQ to Austin

#427

Post by ericmay »

xxpor wrote: post #209
sbeller wrote: post #194

Earlier quoted context omitted.

> I've personally seen several people be priced out of an area due to this. Ask a Californian about prop 13 ;-)

Which is the root cause of the majority of urban/suburban California's issues. Texas won't become California, even if 100% of CA's population moves there, because they don't have the same pants on head dumb proposition system.

From the outside I like the proposition system, but not prop-13 specifically.

Re: Oracle Moving HQ to Austin

#428

Post by ntsplnkv2 »

SllX wrote: post #395
ntsplnkv2 wrote: post #387

Earlier quoted context omitted.

> unpopular President Who set a record for votes. He wasn't unpopular, he was the 2nd most popular candidate ever. People like to undersell how well the democrats did in 2018 and in 2020. Georgia going blue, Arizona going blue, and the blue wall getting rebuilt...it's pretty impressive. They kept the house, and may yet still win the senate. The districts are already stacked against democrats as is. Republicans won't…

> Who set a record for votes. He wasn't unpopular, he was the 2nd most popular candidate ever. You have a point, but let me ask you: if a bag of rice had been the Republican Presidential incumbent in place of Donald J. Trump, do you think Biden would have received a record-setting number of votes? Maybe I'm wrong about this, but it seems to me Trump's unpopularity was as much a factor in Biden winning as anything els…

I think, by and large, you look at polls, and set your expectations. You say "I expected the republicans to be crushed, they weren't, so it must be true that the democrats didn't perform well." I think a lot of democrats did the same - but it wasn't truly realistic.

I'd say the republicans were beaten pretty badly. I think they are at their worst point in decades. They managed to get their largest turnout ever, and didn't even flip the house. States that were red for decades flipped blue. And if the two runoffs are losses, that is a devastating blow, losing all levels of the federal government. 50% is not 50% without the white house.

I don't think the memory of Trump will go away that quickly. This election mobilized a lot of young voters, and now that they've seen their vote got rid of him, they will be more motivated to vote again for more progressive agendas, or against more radical right wing ones.

I don't think the rural republicans (Which is really where trump got most of his boost, anyway), will come out the same for a Mitt Romney. They want the guy who isn't afraid to tell it "like it is", be anti-BLM, etc. That is a major rift in the republican party that will further impact who they put up as candidates - and more rejection from the suburbs and cities will come.

Re: Oracle Moving HQ to Austin

#429

Post by lotsofpulp »

stdgy wrote: post #409
tidepod12 wrote: post #115

Earlier quoted context omitted.

The supply of housing isn't a problem in Texas, but "supply and demand" isn't the end of the story. When two Texans want the same house, a bidding war is artificially capped (at, say $300k) because that's all the average Texan can afford. But when a Californian moves in with high net worth and a higher paying job, they can bid much higher, and they don't mind doing so (the mindset I have personally heard from most CA…

Feels like the solution here is to pay income taxes instead of property taxes. ;)

Yes, all the no income tax states are severely regressive and are bad for people with low incomes and good for people with high incomes, obviously.

Re: Oracle Moving HQ to Austin

#430

Post by trident1000 »

option wrote: post #411
trident1000 wrote: post #393

Earlier quoted context omitted.

This is exactly how California was a red state during the silicon boom and then turned into a blue state thereafter. Everything gets expensive and then people look to the government.

are you sure you are not flipping cause and effects here?

Don't believe I am unless you have a convincing argument I'm not aware of.
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