02.13.09
Gemini version available ♊︎Microsoft’s CEO Pressures the Government to Loot the Public and Help Corporations
Good for him, not for the public
LESS than a week ago, Steve Ballmer was reportedly pressuring the new government to "invest in innovation" (typically meaning the investment of public funds in corporations under guises like “security”). Now we hear about Steve Ballmer promoting public looting, which is better known to many as “bailout” or “stimulus” (euphemisms). He takes his appeal right up to the congress.
Microsoft CEO Steve Ballmer, who has been on quite a political tour as of late, sent a letter to all members of Congress Wednesday urging them to quickly pass the stimulus package.
The arguments he makes look familiar. Is he trying to 'pull an Abramoff'? Could it be true that Microsoft will require a bailout as it’s entering debt [1, 2, 3, 4, 5]? Here are some older articles of interest:
- Ballmer says Microsoft not immune from global crisis
- Ballmer: Congress must ‘stabilize’ financial crisis
- Microsoft loses 90 Billion Dollars
- Microsoft, Cisco to lose $4.3 Billion as investment banks cut cost
- Microsoft will be hurt by financial crisis, RBC analyst says
- Microsoft’s Market Cap Falls $24B in 17 Days
- Former Microsoft Manager Gets 2 Years In Jail
- SEC Foresees Rise in Fraud Cases
- Microsoft’s Accounting Under Scrutiny
As a bit of historical background, the United States has a long and well proven tradition of funding technology projects using tax money or newly-issued debt, but it is usually marketed to the public as something in the interests of “security”, defending the value of capital(ism), keeping the country ahead in “innovation” and so on and so forth. Ultimately, however, the fruits of such works are not returned to the public that paid for it. Instead, the assets are handed over to private hands which not only possess what ought to have been public but also use it against the population. Examples include companies like Boeing and it’s no accident because that's just how the system is intended to work. █
Related and recent posts:
aeshna23 said,
February 13, 2009 at 9:27 am
It’s important to realize just how ignorant are the Congressmen who are listening to Ballmer. The facts are out there about Obama’s “stimulus plan”. Obama’s economic plan is a stimulus in the same way alcohol is. The economy may lose its inhibitions for a moment, but the long run effects will be to depress the economy. What’s really amazing about this is that the Democratic Party in the United States disdains the Creationists for their non-scientific theories, and then the Democrats support this “stimulus” plan which is no better in terms of economics than Creationism is in terms of biology. Once, you believe something fundamentally silly like Creationism or Stimulus, you mind is open to whatever silliness Ballmer thinks to tell you about “security” or “intellectual property”.
It’s too bad that the ability to do critical thinking isn’t a requirement for political office.