Posted on 05/07/2003 7:30:29 AM PDT by NormsRevenge
Edited on 04/13/2004 3:31:06 AM PDT by Jim Robinson. [history]
SACRAMENTO -Democratic Sen. Barbara Boxer unveiled an A-list of Silicon Valley leaders Wednesday who have lined up to support her re-election in 2004, including at least three Republican campaign contributors.
Among the bipartisan group of 18 is eBay president and chief executive Meg Whitman and Cisco chief executive John Chambers, who six years ago backed Boxer's Republican opponent, Matt Fong.
(Excerpt) Read more at bayarea.com ...
These people are too stupid to run a lemonade stand.
Do you think Reagan was wrong to make high tech such a central part of his economic plan?
Do you think that Bob Rubin's and Alan Greenspan's chaotic money management as well as Y2K preparations had anything to do with the problems high tech is having today? (Not to mention the rest of the economy.)
Please, do tell how Bush's policies have hurt high tech. What should he be doing?
While you;re at it explain how supporting a crypto-marxist & single issue (abortion) politician is good for business.
It is only a fitting jab at a valley that once produced fruit and nuts by the bushel full, only to have all the orchards destroyed and high tech jobs put in their place, only to be taken over by a majority of imported talent under the guise of FRee trade and equality.
BTW, the fruits and nuts now reside in lots of our state and federal govt jobs, but they have theirs so it's OK! They have simply evolved the food chain and moved up into the bureaucratic branches of the new forests of trees that proliferate today at all of our expenses.
H1Bs, NAFTA etc killed the cash cow and now the nation and this valley is seeing its jobs sent overseas and elsewhere and its own talent allowed to languish.
Am I proud of the companies and shareholders who have given money to our elected officials to made it all happen. No , I am shocked and in awe they did it so easily and so shamelessly.
America First, not in the case of jobs.
Up until last week he's completely ignored private sector technology, the growth engine of our economy since early in Reagan's administration. The president has also never had a good thing to say about venture capital, and up until recently investment in general. He also joined in the bipartisan villification of the private sector and investment leading up to last November's elections, all in the name of political expediency. His damage has largely been psychological, but that translates into hundreds of billions of dollars when you're the leader of the free world and the largest capitalist nation on earth.
While you;re at it explain how supporting a crypto-marxist & single issue (abortion) politician is good for business.
I don't support Boxer's other policies, but she's one of the only politicians to support high tech when all others have left them twisting in the wind. With our sprawling government and hundreds of thousands of regulations, it's always good to have a friendly lawmaker. Even the Chicoms have a soft spot for some high tech capitalism.
I find your views highly pessimistic. What kind of revenues and jobs did the valley produce way back when it was purely agricultural? Cisco just reported half a billion dollars in profits for the last three months.
If you're looking for an idyllic agricultural community you can still find it. Move there. Thanks to high tech, you can keep your internet connection and the other amenities of modern life.
I agree that when jobs are scarce imported labor should go home. However, the trend of outsourcing low margin jobs will continue as long as the cost of doing business here is so high. The reemergence of government dominance over the private sector under the Country Club Republicans isn't going to help.
I don't know. But even the Bush administration admits it won't do much for the economy in the short term. It hardly makes up for his other mistakes. The president's political career is littered with ineffective tax cuts, because he does them for political reasons rather than economic ones.
Don't you think thats a bit of an overstatement? I mean, this president has signed one budget.
Maybe your problem with him is more political than economic, eh?
I'm not a pessimist as you construe, I am a realist. I see that you have other axes to grind also.
Oh and Cisco is an example of a juggernaut on hold. Still employing a lot of people and working them like slaves, but no longer offering them the rewards they once so readily gave to so many who no longer needed to work, made their millions and moved on.
Thanks to high tech and the gutting of many once good and noble ventures by the myopic efforts by their own managemnet and our "duly elected" legislators, the golden goose is long since dead and the carcass is bare of meat.
BTW, What is or was your line of employment?
I grew up on a midwestern farm and came to California and have made my living for many years in this once veritable economic cornucopia for all, both legals and illegal.
Now the game is changed.. Maybe you need to update your gameboard.
Look at the fruits of their latest lobbying effort to nail MS. THAT sure was a boon to high tech, wasn't it. No, they and their investors shot themselves in the foot - their fall had nothing to do with Bush.
Don't forget his time as governor of Texas. His tax cuts were ineffective there, too.
Maybe your problem with him is more political than economic, eh?
I voted for him, and I'll give him credit where it's due. Economic policy isn't one of them.
The US still has twice the per capita income of our closest industrial competitor.
Whereas the pirates of Silicon Valley used to be inventors & innovators CEOs now spend their time in DC lobbying for higher H1B ceilings.
If our government wasn't so expensive, the CEO's wouldn't have to squeeze so hard. If our economy wasn't so vibrant at one time we wouldn't have needed H1B workers. I agree with you that is no longer the case. Oh, and there is still more invention in this country than anywhere else on earth. The problem these days is bringing inventions to market.
Bet there is a lot of this in Ca.
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