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Paul Jacobs, chief executive of telecom superstar Qualcomm, told Bloomberg News today (Nov. 12) that the company has stopped hiring following a "dramatic drop" in chip orders from mobile phone makers. The company has also eliminated some research projects. Last year, Qualcomm increased its workforce by 20 percent in response to promising prospects and positive feedback from customers. The stock fell 7.1 percent today to $32.57 at the close of trading. The overall market was down sharply, and techs were hit hard. The stock has declined 17 percent this year.

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It is incredibly sad that one of the greatest corporations in the world is cutting back solely due to the fact the Republican Party has totally failed to protect American Democracy and American Capitalism for eight straight years.

The root cause is that the leaders of the Republican Party are responsible for all the worst problems in America that we are overwhelmed with today.

And it is not surprising that this problem also exists in San Diego after sixteen straight years of failed leadership by three consecutive republican mayors who have bankrupt San Diego.

Nov. 14, 2008

Response to post #1: The Republicans do deserve most of the blame for the current meltdown, but Democrats have contributed, too. Best, Don Bauder

Nov. 23, 2008

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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