Dryw Keltz

Dryw Keltz is a Reader contributor. See staff page for published articles.

Massive layoffs rumored for Qualcomm

So the best advise would be this: If you work for Qualcomm, and think you are about to get laid-off, buy a bunch of Qualcomm stock. The ultimate "taking it for the team." It's pretty easy to see why entry-level wages are so stagnant across this country. Even if the CEO of Burger King wanted to pay his fry-cooks 20 bucks per hour he couldn't because Wall Street would kick his companies butt into non-existence. Once I had the thought that the government could reward companies that are known for paying their employees well and treating them fairly by enacting some sort of exceptional business dividend in conjunction with the stock market. Basically, investors who bought stock in these companies that displayed exemplary behavior in these realms would receive an additional dividend which would come out of the feds pocket. Where the money would come from...hmmm...maybe actually prosecute some white collar crime every so often? One interesting method would be to pool money brought in via whistleblowers, tax-fraud, fines and other corporate crimes. It would be a bit of a Robin Hood scenario as the bad would be rewarding the good. In conjunction with the positive list, you could also shame companies that treat their employees like garbage by perhaps giving them a zero on a scale of zero to five in terms of "quality company to work for." Of course, Wall Street would obviously clamor to all the "zero" companies since they would be the most likely to live by the corporate bottom line and not their employees well-being. In short, we're screwed.
— July 20, 2015 4:09 p.m.

Fate of Chargers predicted

There are some great comments in this thread. Good work all around. I completely agree with the perception that even local sports talk radio is slowly coming around to the reality that a publicly financed stadium is the scam of all scams. When the local sports talk radio programs start to show doubts about stadium financing...that is when you know the citizens are really getting the shaft. The loss of tailgating and gouging for the concessions is a great point as well. And anyone who was down at Comic-Con last week may have noticed the $30 Ace Parking lot fees. Well double that, and you may get what a parking space to attend a Chargers game in the East Village would have cost, or perhaps even in the new Mission Valley location, since more fans will have to park off-site since plans call for a massive development of retail, condos etc on much of the current parking lot. In John Oliver's stadium piece, he highlighted how in the most current version of the Madden NFL videogame, you could act as an owner and choose concessions prices etc. That is the true game being played here. Football is just the front. If owners could pull this scam with professional badminton games they would do it. No matter how much people love their NFL teams, they are basically enthralled with something that is leased to their city. There is no connection besides the city's name on the jerseys and the geographic location of the stadium. The new facet of the game is the drive to replace stadiums at an almost dizzying rate. It may be the ultimate undoing of the current system. Once enough cities go into major debt in an effort to retain their football teams, other cities will become reluctant to make the same sacrifice. It's already happening here. People have seen the data. They know what is up. If the Chargers get rejected from playing in LA (which they obviously without a doubt are intent on doing now) they have to crawl back to San Diego looking like the awful guy who is trying to make nice with his great ex-girlfriend who he dumped to pursue a fashion model. It's not gonna be all rainbows and lollipops when they get back together. As for the bigger picture of stadium financing, if the NFL is going to keep asking for public money to fund stadiums, they are eventually going to have to cut cities in on the profits. I have always thought letting the stadium take all the ticket sales and giving the cities all the parking proceeds would be a great system, but getting owners to give up any of their take seems like an almost impossible bargain at this point.
— July 14, 2015 3:14 p.m.

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