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Posted on 12/02/2016 6:08:25 PM PST by Mariner
In President-elect Donald J. Trump’s newly named kitchen cabinet of business advisers, Wall Street is in. Silicon Valley is out.
Mr. Trump has named 16 business leaders to serve on what’s being called the President’s Strategic and Policy Forum, described as a group meant to guide his administration on economic matters.
The list is notable for leaning toward New York executives and industries — finance in particular. The list echoes Mr. Trump’s picks for a number of major economic positions, including Treasury secretary (the former Goldman Sachs partner and hedge fund manager Steven T. Mnuchin) and commerce secretary (the billionaire investor Wilbur L. Ross).
Given his long experience as a New York real estate investor, Mr. Trump’s selections may not come as a surprise.
“Donald comes from the financial services world. I think he tends to pick people who he’s comfortable with,” Stephen A. Schwarzman, the co-founder and chief executive of the Blackstone Group, who is leading the forum effort, told CNBC Friday afternoon.
The forum largely excludes technology, home to some of the nation’s best-known, most innovative and biggest companies by market value, which represented over 8 percent of the private sector economy last year, according to the Bureau of Economic Analysis.
(Excerpt) Read more at nytimes.com ...
Business in, politicians out.
I would rather see the people who have been in the business of bribing politicians try to display how they could better operate on behalf of the American people, than the toilet scum politicians that have been bending over for those bribes all their lives.
Trump is bringing enormous talent to the table. If properly directed they will make a difference, then they'll go home and continue being rich.
[Silicon Valley Chiefs Notably Absent From Trump’s Cabinet of Business Advisers]
GEE, I wonder why?
Nearly All Of Silicon Valley’s Political Dollars Are Going To Hillary Clinton
http://fivethirtyeight.com/features/nearly-all-of-silicon-valleys-political-dollars-are-going-to-hillary-clinton/
Government is monumentally different from High Tech.
Although one might hope that modern, fast, efficient management styles from Google, Apple, Netflix and Amazon might possible transform the sclerotic halls of Washington, in fact it would be a hopeless deadend. No shared language. No common view of human nature. They couldn’t even begin to have a conservation.
Old school capital can help Washington get better. There is at least some mutual grounds for discussion between the parties.
Patriots in, state supremacists and Hillary rump smoochers out.
There, fixed it.
Peter Thiel was one of the very vew who came out for DJT. I’m almost sure DJT hired the anti trust guys on his team to go after Twitter, reddit, Amazon (Bezos) in January...
The men and women coming in appear to be tough and well-experienced people. They also wear suits, unlike the fake jeans, Ts, and Nikes Zuckerberg phony ‘free enterprise’ Silicon Valley men and women-such people being complete fakes themselves, for they are by no means ‘nice’ or ‘egalitarian.’
Steel cf. silicon....
As someone who lived and worked very hard for 15 years in Silicon Valley, all the great minds are gone or retired.
The only ones left are only out for two things ...money and power.
Oops, one CEO still remains as truly innovative.
Pat Gelsinger over at VMware.
He was chief designer of the Intel 486 and got pushed out of Intel by Craig Barrett.
The fewer Leftist Coast 1%ers at the table, the better.
“Given his long experience as a New York real estate investor, Mr. Trump’s selections may not come as a surprise.”
“Donald comes from the financial services world. I think he tends to pick people who he’s comfortable with,”
I like that part and one thing came to my mind. I wonder what experience of any type that Barrack Obama had? Hehehehe
Makes sense. If I was elected president, my gunsmith would become head of the BATF, my favorite short order cook, head of Health and Human Services, etc.
Intel is old school tech and they make stuff. Design and manufacture, as are all the hardware companies in tech.
They are not the bad guys.
It’s the Internet Properties...Google, Yahoo, Amazon and the like that are actively trying to re-form society into something most cannot even comprehend.
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Their choice I suspect.
Silicon Valley is in San Fran Nan’s back pocket. They know who butters their toast. So does Trump.
...”by no means nice or egalitarian...”
They’re not even vegetarians.
When is the West Coast suppose to fall in the ocean??? Could it be like in a week???
Glad to see he'll have some people who actually make stuff. Hedge fund managers? F 'em.
For 25 years capital and the manufacturing it spawns, much of the intrinsic wealth of the nation, has been leaving us.
It appears Trump has appointed a group of people to reverse that flow. Not destroy capital itself.
Our politicians have cut deal after deal and added untold regulation which facilitates that flow in exchange for favor and power.
Capital has known for decades that they can manufacture here, and that the biggest obstacle has been tax and regulation, not the cost of labor.
I hope this means they have their patents on business methods revoked.
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