Tag Archive for Politics

Independence Day 2011

This Independence Day consider what the average Revolutionary War soldier did to secure your freedom. Joseph Plumb Martin was a soldier who is one of the only non-ranking members of the Continental Army to leave a description of his excursions within the 8th Connecticut Regiment. Martin participated in such notable engagements as the Battle of Brooklyn, the Battle of White Plains, and the Battle of Monmouth according to Wikipedia. He encamped at Valley Forge and was also present during the climactic Siege of Yorktown.

Independence Day 2011

In 1794, Martin became involved in a bitter land dispute with Henry Knox, former Major-General in the Continental Army and Secretary of War under George Washington’s administration as President. Knox claimed that he owned Martin’s 100-acre farm, as well as the surrounding 600,000 acres in an area now known as Waldo County, Maine. As is typical in such stories, Knox, the politician forced Martin the solider off of his land, and by 1818 the article says he owned nothing.

In 1830 Martin’s memoirs were originally published anonymously as A narrative of some of the adventures, dangers, and sufferings of a Revolutionary soldier, interspersed with anecdotes of incidents that occurred within his own observation. In 1962 the book was republished under the title Private Yankee Doodle. The current edition, published in 2001, is entitled A Narrative of a Revolutionary Soldier: Some of the Adventures, Dangers and Sufferings of Joseph Plumb Martin.

Martin’s narrative of the war has been frequently cited by scholars as an excellent primary source for the American Revolution. It is notable that Martin was a mere private in the army, and his account does not involve the usual heroes of the Revolution. His narrative is considered one of the major primary sources for historians, researchers, and reenactors of the American Revolution. Scholars believe that Martin kept some type of journal during the course of the war, and fleshed it out in detail later in his life.

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Now go out this Independence Day and honor those who have come before you.

  • Turn off the TV
  • Learn about something new
  • Vote

 

Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

Tech Regulatory Capture

Tech Regulatory CaptureRegulatory capture occurs when governmental bodies created to act in the public interest instead advances the commercial or special interests that dominate the industry or sector it is charged with regulating. Regulatory capture is a form of government failure, as it can encourage large firms to exploit the public.

Former Sen. Chris Dodd Named MPAA Chief

Former Sen. Chris Dodd Named MPAA ChiefChristopher Dodd, the former five-term Democratic senator from Connecticut is the head of the Motion Picture Association of America. He sat on the Foreign Relations Committee, headed the Banking Committee, and co-authored the Dodd-Frank Wall Street Reform and Consumer Protection Act. Among other things, he attempted to filibuster the legislation that immunized telecom companies from lawsuits over the Bush administration’s warrantless wiretapping program.

As head of the MPAA, he’s likely to be a little less friendly to the average netizen. The MPAA has lobbied hard for the controversial Anti-Counterfeiting Trade Agreement.

It has pushed for the government to shutter websites suspected of hosting infringing material and is responsible for using the American legal system to sue U.S.-based torrent search engines out of existence. A case against Canadian-based Isohunt is pending.

Facebook Adds Friends in Washington

Facebook Prepares to Add Friends in WashingtonDemocrat Sheryl Sandberg, the former Clinton administration official is a chief operating officer for Facebook. Ms. Sandberg, is the company’s No. 2 official behind co-founder and chief executive, Mark Zuckerberg.

Republican Ted Ullyot, a former clerk for Supreme Court Justice Antonin Scalia is the social networker’s general counsel. Mr. Ullyot, was a White House lawyer and chief of staff for Alberto Gonzales when he was attorney general in the George W. Bush administration. Facebook  told the Los Angeles Times that Mr. Ullyot “has extremely strong connections with the Republican Party, and we think that’s a good thing.”

Facebook Adds to Its Public Policy Staff

Facebook Adds to Its Public Policy StaffFacebook increased its Republican credentials by adding Catherine Martin, who is the site’s first director of public policy. Previously, Ms. Martin worked for President George W. Bush, serving as deputy assistant to the president and deputy communications director for policy and planning.

Facebook May Hire Former Obama Aide

Facebook May Hire Robert Gibbs, Former Obama AideFacebook is in talks to hire Robert Gibbs, President Obama’s former White House press secretary, for a senior role in helping to manage the company’s communications, people briefed on the negotiations told the New York Times.

Mr. Gibbs, who left the White House in February after two years on the job, had planned to help set up President Obama’s re-election campaign before taking a private-sector job, these people said. A job for Mr. Gibbs at Facebook could be worth millions of dollars. While details of his potential compensation package have yet to be discussed, people briefed on the talks said that he would receive a cash salary as well as shares ahead of the initial offering. Some investors have valued Facebook at more than $60 billion and could be the largest offering in history. Mr. Gibbs and a spokesman for Facebook declined to comment.

Facebook Woos Washington

Facebook Woos WashingtonThe Daily Beast points out that Facebook, Mark Zuckerberg’s company has 600 million members, making it about twice as big as the United States. The Daily Beast says that Facebook needs to get as cozy as it can with the U.S. Government and Barack Obama. This company is gathering more personal information about more people than any other company ever, even more than Google. Suddenly it is dawning on everyone, including members of Congress, just how much power Facebook is amassing.

Co to counter the trend Facebook has hired two more former government officials.

  • Elliot Schrage worked at the Council on Foreign Relations and Google before joining Facebook. Mr. Schrage, a lawyer by training, serves as Facebook’s head of global communications and public affairs.
  • Chris Hughes, a Facebook co-founder, ran Obama’s 2008 social networking operation via a website called My.BarackObama.com.

$35,000 For a Dinner With Obama

Yelp Just Paid $35,000 For A Steak Dinner With ObamaAfter President Obama’s love-in speech video on Facebook, another group of tech luminaries got a meeting with POTUS. The steak dinner at the home of Salesforce.com CEO Marc Benioff cost $35,000-a-plate. According to Business Insider other Silicon Valley big-shots in attendance included:

Related articles
  • Facebook Prepares to Add Friends in Washington (nytimes.com)
  • Chris Dodd shows how Washington works (salon.com)

 

Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

Memorial Day 2011

Thanks

Memorial Day 2011

 

Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

Tech Regulatory Capture

Tech Regulatory CaptureRegulatory capture occurs when governmental bodies created to act in the public interest instead advances the commercial or special interests that dominate the industry or sector it is charged with regulating. Regulatory capture is a form of government failure, as it can encourage large firms to exploit the public.

Sunlight: Congress’ Revolving Door to Telecom, Cable Firms

Congress' Revolving Door to Telecom, Cable FirmsAccording to a 2010 Washington Post article, broadband providers including Comcast, Time Warner Cable, AT&T and Verizon Communications have amassed armies of former government officials to lobby against net neutrality and other regulations at the Federal Communications Commission, according to a report by the Sunlight Foundation. The nonprofit public interest organization said those firms hired 276 former government officials, including 18 former members of Congress, to fight against rules that would require them to treat all Web sites and content equally on their networks.

AT&T (T) has hired Republicans and Democrats from the US House and Senate to lobby for them including:

  • Jim Davis former Democratic congressman from Florida;
  • Trent Lott former Republican senator from Mississippi;
  • Vic Fazio former Democratic representative from California;
  • John Breaux former Republican senator from Louisiana;
  • J.C. Watts former Republican representative from Oklahoma.

Comcast (CMCSA) has also hired former politicians like:

Verizon (VZ) hired Republican representative Jack Fields from Texas.

The cable industry trade group National Cable & Telecommunications Association, hired Chip Pickering, a former Republican congressman from Mississippi.

The US Telecom Association, the Broadband Association hired Al Wynn former Democratic representative from Maryland.

Revolution LLC.

Revolution LLC.Ron Klain is General Counsel of former AOL CEO Steve Case’s Revolution LLC. Prior to joining Mr. Case’s firm Mr. Klain has extensive public service, most recently as a senior White House aide to President Obama, and Chief of Staff to Vice President Biden. He has also served as Chief of Staff or Staff Director for Vice President Al Gore, Attorney General Janet Reno, the Senate Democratic Leadership Committee, and the Senate Judiciary Committee. Mr. Klain was also Associate Counsel to President Clinton and a law clerk to Supreme Court Justice Byron White. He has served as a top debate preparation advisor to Presidents Obama and Clinton, and Democratic Presidential nominees Al Gore and John Kerry.

State Department’s Katie Stanton Moves to Twitter

State Department's Katie Stanton Moves to TwitterTwitter has captured Katie Stanton, a special adviser at the State Department and former White House staffer. She is heading to Twitter to work on international business strategy according to the Washington Post.  Ms. Stanton tweeted her move to the social information platform’s San Francisco office. The Post says Ms. Stanton will be a vice president driving Twitter’s international business strategy and operations. Ms. Stanton previously worked at Google as a product manager for the search engine’s finance application.

She joined the White House as the director of citizen participation after working on new media strategies for President Obama’s election campaign. Stanton moved to the State Department last year, working with Alec Ross, senior adviser for innovation, on how to use social media tools and technology for diplomatic goals.

Facebook Hires White House Adviser as New VP

Facebook Hires White House Adviser as New VPAppScout reported that Facebook has captured an economic adviser to President Obama to serve as its new vice president of global public policy.  Marne Levine is the special assistant to the president for economic policy and chief of staff for the National Economic Council at the White House.

“With over 70 percent of our users living outside the United States, her unique mix of government and Internet industry experience will be invaluable to help Facebook address some of the most interesting questions at the intersection of technology and public policy,” Elliot Schrage, vice president of global communications at Facebook, said in a statement.

Levine will work out of Facebook’s D.C. office where she will oversee and coördinate interactions with governments and non-governmental organizations, Facebook said. She will also help to build Facebook policy teams in Asia, the Americas, and Europe.

According to the article Ms, Levine helped launch an online peer-to-peer payment platform and helped manage its privacy and compliance issues which are probably why Facebook hired her so she can lobby her former boss on privacy and banking issues.

Related articles

 

Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

Tech Titans Talk Tax Cuts with POTUS

Tech Titans Talk Tax Cuts with POTUSFortune is reporting that a group of tech, pharmaceutical, and energy giants are lobbying for a tax cut that would allow them to bring home the estimated $1 trillion they’ve got parked overseas at a steeply discounted rate. Fortune’s sources say that Apple (AAPL), Cisco (CSCO), and Oracle (ORCL)  are among the major players looking to win a one-year tax amnesty on their foreign earnings, allowing them to repatriate that money at a tax rate of about 5%, instead of the 35% they face now.

Multinationals prevailed on Congress to approve a one-year tax holiday once before, as part of a jobs package in 2004. Back then, the companies argued the relief would help them boost economic growth because they’d plow their repatriated money into research, investment, and hiring. And while plenty of outfits benefited from the break – 843 corporations made use of the holiday, bringing back a total of $362 billion, according to the IRS — the broader economic benefits were dubious.

The Treasury Department wrote rules trying to make sure that the recovered cash was in fact invested back into the companies. But money is fungible. Although the rules expressly prohibited using the funds for dividend payments or stock buybacks, later analysis has shown participants sent most of it to shareholders anyway. One study cited by Fortune from the National Bureau of Economic Research found that for every dollar of repatriated cash, companies bumped up shareholder payouts between 60 and 92 cents.

A tax holiday would bring a substantial amount of cashback to the United States and paying that out to shareholders is good for the economy,” said study co-author Kristin Forbes, an economics professor at MIT’s Sloan School of Management and a member of then-President George W. Bush‘s council of economic advisers told Fortune. “But if you’re a politician claiming this will create a lot of jobs or new investment, it isn’t supported by the data.”

In order to sell the deal, Cisco CEO John Chambers and Oracle president Safra Catz argued in an October editorial in the Wall Street Journal that a second holiday would help put Americans back to work. But they don’t promise that companies would drive all of their repatriated money directly into job-creating investments. They acknowledge that companies might pass the money along to shareholders again. But Mr. Chambers and Ms. Catz argue on top of direct investments, the tax cut holiday would spur a new stimulus by boosting markets, thereby increasing consumer confidence. And they say the tax revenue itself could fund $50 billion worth of credits to encourage new hiring — a sum only possible in the unlikely event companies decide to bring home the entirety of their overseas reserves.

President Obama’s recent dinner with Silicon Valley’s tech titans was a star-studded event according to TechCrunch.

Obama tech- dinner toast

Invitee included Facebook CEO Mark Zuckerberg, Apple CEO Steve Jobs, Yahoo (YHOO) CEO Carol Bartz, Cisco’s CEO John Chambers, Twitter CEO Dick Costolo, Oracle CEO Larry Ellison, Netflix (NFLX) CEO Reed Hastings, Genentech Chairman Art Levinson; Google (GOOG) CEO Eric Schmidt; former state controller and venture capitalist Steve Westly Doerr, and Stanford University President John Hennessy. The event was held at Kleiner Perkins partner John Doerr’s home.

After the dinner, White House press secretary Jay Carney said the group talked about ways to invest in innovation and how to increase jobs in the private sector. He said Mr. Obama also discussed proposals to invest in research and development and his goal of doubling exports in five years.

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I don’t think it’s unreasonable to assume that what POTUS calls, “increase jobs in the private sector” would mean a “tax cut holiday” for the tech titans.

It should be no surprise that the Tech Titans who supped with POTUS were big political contributors and supporters of the tax cut holiday. What happened to “Yes We Can”?

 

Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.