Whats the business climate like in California today?
Let me give you an example. When the political pygmies fight with each other in Sacramento and change the workers’ compensation rules every few years, it’s a big jerk around for industry. Once we get our payroll set up, we have to change it again. The local county and city basically are just bears to deal with in trying to run a business and build things. You’ve also run into regulatory problems with your winery, haven’t you? I have a four-barrel winery in a building on my property, and I’ve been trying for years to get a license to sell the wine I make. I’m building another in the hills that’s tied up in red tape. You’re a vigorous opponent of the mandatory expensing of stock options. It looks as if the Financial Accounting Standards Board is going to require it. (Note: This interview took place before the board voted for expensing stock options.) I’m going to disagree with that. I think that the Semiconductor Industry Association is going to win, and the expensing of stock options fo
