The high tech jobs aren't in California

Reader comment on: Obama and BrightSource

Submitted by bjd (United States), Oct 3, 2010 16:50

Is it appropriate for the President of the United States to promote a company that is preparing to announce an IPO?

The company--and its Israeli subsidiary BrightSource Industries (Israel) Ltd--are the reincarnations of another pair of companies that failed in the early 1990s. Luz International went bankrupt when California ended its property tax exemptions for the solar plants.

The patented technology, research, development, planning, design--all the actual high tech jobs--all this work is in Israel. The "subsidiary" has more job openings listed on its web site than the "parent" company based in Oakland. 4 jobs in Oakland are for financial and human relations jobs. The 13 in Israel are engineers, estimators, software developers.


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Title By Date
⇒ The high tech jobs aren't in California [113 words]bjdOct 3, 2010 16:50
thats not how it works [62 words]anonymousOct 3, 2010 06:42

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