{"id":10780,"date":"2011-10-27T19:16:32","date_gmt":"2011-10-27T23:16:32","guid":{"rendered":"http:\/\/rbachnet.wwwmi3-ss40.a2hosted.com\/?p=10780"},"modified":"2021-08-10T17:21:57","modified_gmt":"2021-08-10T21:21:57","slug":"cisco-ceo-talks-cash-at-tech-dinner","status":"publish","type":"post","link":"https:\/\/rbach.net\/index.php\/cisco-ceo-talks-cash-at-tech-dinner\/","title":{"rendered":"Cisco CEO Talks Cash at Tech Dinner"},"content":{"rendered":"<p><em><a href=\"https:\/\/eugeneveg.org\/environment.html\" target=\"_blank\" rel=\"noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-109755\" title=\"Cisco CEO Talks Cash at Tech Dinner\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/greed-10.jpg?resize=82%2C95&#038;ssl=1\" alt=\"Cisco CEO Talks Cash at Tech Dinner\" width=\"82\" height=\"95\" \/><\/a>Sometimes my view from the <a title=\"rbach.net\" href=\"http:\/\/www.rbach.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bach Seat<\/a> is just <strong>so right<\/strong>&#8230;.<\/em><\/p>\n<p>The <a title=\"www.businessinsider.com\" href=\"http:\/\/www.businessinsider.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>BusinessInsider<\/em><\/a> <a title=\"www.businessinsider.com\" href=\"http:\/\/www.businessinsider.com\/steve-jobs-at-obama-tech-dinner-2011-10\" target=\"_blank\" rel=\"noopener noreferrer\">reports<\/a> that former <a href=\"http:\/\/www.apple.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Apple<\/a> (<a title=\"NASDAQ : AAPL\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-AAPL\/\" target=\"_blank\" rel=\"noopener noreferrer\">AAPL<\/a>) CEO <a title=\"Steve Jobs\" href=\"https:\/\/appleinsider.com\/inside\/steve-jobs\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Steve Jobs<\/strong><\/a> told his biographer <a title=\"Walter Isaacson\" href=\"http:\/\/en.wikipedia.org\/wiki\/Walter_Isaacson\" target=\"_blank\" rel=\"wikipedia noopener noreferrer\">Walter Isaacson<\/a> what really went on when the tech titans <a title=\"www.businessinsider.com\" href=\"http:\/\/www.businessinsider.com\/people-at-obamas-tech-dinner-2011-2\" target=\"_blank\" rel=\"noopener noreferrer\">supped<\/a> with President <a title=\"Barack Obama\" href=\"http:\/\/answers.com\/topic\/barack-obama#Gale_Contemporary_Black_Biography_d\" target=\"_blank\" rel=\"answerscom noopener noreferrer\"><strong>Barack Obama<\/strong><\/a> earlier this year.<\/p>\n<p><a href=\"https:\/\/web.archive.org\/web\/20120520091542\/http:\/\/people.forbes.com:80\/profile\/john-t-chambers\/19655\" target=\"_blank\" rel=\"noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-109757\" title=\"repatriation tax holiday that would allow major corporations to avoid tax payments on overseas profits\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/money_bag_mister-2.jpg?resize=70%2C90&#038;ssl=1\" alt=\"repatriation tax holiday that would allow major corporations to avoid tax payments on overseas profits\" width=\"70\" height=\"90\" srcset=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/money_bag_mister-2.jpg?resize=117%2C150&amp;ssl=1 117w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/money_bag_mister-2.jpg?resize=59%2C75&amp;ssl=1 59w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/money_bag_mister-2.jpg?w=314&amp;ssl=1 314w\" sizes=\"auto, (max-width: 70px) 100vw, 70px\" \/><\/a>While the tech titans were slated to discuss America&#8217;s economy and what could be done to create more jobs in the U.S. according to Mr. Isaacson, <a title=\"Google\" href=\"https:\/\/www.google.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Google<\/strong>&#8216;s<\/a> (<a title=\"NASDAQ : GOOG\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-GOOG\/\" target=\"_blank\" rel=\"noopener noreferrer\">GOOG<\/a>) <a title=\"Eric Schmidt\" href=\"https:\/\/web.archive.org\/web\/20211005021231\/https:\/\/www.crunchbase.com\/person\/eric-schmidt\" target=\"_blank\" rel=\"crunchbase noopener noreferrer\">Eric Schmidt<\/a>, then <a href=\"http:\/\/www.yahoo.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Yahoo<\/a> (<a href=\"https:\/\/www.tradingview.com\/chart\/YHOO\/EWjh1a3K-The-last-YHOO-chart-for-posterity-hello-AABA\/\" target=\"_blank\" rel=\"noopener noreferrer\">YHOO<\/a>) chief <a title=\"Carol Bartz\" href=\"https:\/\/en.wikipedia.org\/wiki\/Carol_Bartz\" target=\"_blank\" rel=\"crunchbase noopener noreferrer\">Carol Bartz<\/a>, and <a title=\"Oracle\" href=\"https:\/\/www.oracle.com\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Oracle<\/strong>&#8216;s<\/a> (<a title=\"NASDAQ : ORCL\" href=\"https:\/\/www.tradingview.com\/symbols\/NYSE-ORCL\/\" target=\"_blank\" rel=\"noopener noreferrer\">ORCL<\/a>) <a title=\"Larry Ellison\" href=\"http:\/\/www.forbes.com\/profile\/larry-ellison\" target=\"_blank\" rel=\"forbes noopener noreferrer\">Larry Ellison<\/a> and <a href=\"http:\/\/www.cisco.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Cisco<\/strong><\/a>\u00a0(<a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-CSCO\/\" target=\"_blank\" rel=\"noopener noreferrer\">CSCO<\/a>) CEO <a title=\"John Chambers\" href=\"https:\/\/www.jc2ventures.com\/john-chambers\" target=\"_blank\" rel=\"noopener noreferrer\">John Chambers<\/a> <strong>annoyed Obama<\/strong>. The business leaders seemed more <strong>concerned with boosting their own company<\/strong> instead of America&#8217;s economy. Mr.Isaacson focuses on\u00a0Cisco&#8217;s Chambers as an example:<\/p>\n<p><a href=\"\/\/www.cisco.com\" target=\"_blank\" rel=\"noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-109759\" title=\"Cisco's (CSCO) John Chambers annoyed President Obama\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/cisco_logo-10.jpg?resize=90%2C55&#038;ssl=1\" alt=\"Cisco's (CSCO) John Chambers annoyed President Obama\" width=\"90\" height=\"55\" srcset=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/cisco_logo-10.jpg?w=136&amp;ssl=1 136w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/cisco_logo-10.jpg?resize=75%2C46&amp;ssl=1 75w\" sizes=\"auto, (max-width: 90px) 100vw, 90px\" \/><\/a>&#8220;Chambers, for example, pushed a proposal for a <strong>repatriation tax holiday<\/strong> that would allow major corporations to avoid tax payments on overseas profits if they brought them back to the <a title=\"United States\" href=\"http:\/\/en.wikipedia.org\/wiki\/United_States\" target=\"_blank\" rel=\"wikipedia noopener noreferrer\">United States<\/a> for investment during a certain period. The President was annoyed, and so was <a title=\"Facebook\" href=\"https:\/\/www.facebook.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Facebooks&#8217;s<\/a> <a title=\"Mark Zuckerberg\" href=\"https:\/\/web.archive.org\/web\/20211010114632\/https:\/\/www.crunchbase.com\/person\/mark-zuckerberg\" target=\"_blank\" rel=\"crunchbase noopener noreferrer\">Mark Zuckerberg<\/a>, who turned to <a title=\"Valerie Jarrett\" href=\"http:\/\/en.wikipedia.org\/wiki\/Valerie_Jarrett\" target=\"_blank\" rel=\"wikipedia noopener noreferrer\">Valerie Jarrett<\/a>, sitting to his right, and whispered, \u201c<em>We should be talking about what\u2019s important to the country. Why is he just talking about what\u2019s good for him?<\/em>\u201d<\/p>\n<p><strong><em>rb-<\/em><\/strong><\/p>\n<p><em>I <a title=\"rbach.net\" href=\"https:\/\/wp.me\/p2wgaW-1st\" target=\"_blank\" rel=\"noopener\">noted<\/a> Cisco&#8217;s <\/em><em>John Chambers&#8217; <\/em><em><a title=\"online.wsj.com\" href=\"https:\/\/web.archive.org\/web\/20130308110705\/http:\/\/online.wsj.com\/article\/SB10001424052748704469004575533880328930598.html\" target=\"_blank\" rel=\"noopener noreferrer\">editorial<\/a><\/em><em> in <\/em><em>the <a title=\"online.wsj.com\" href=\"https:\/\/www.wsj.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">WSJ<\/a> calling for a tax holiday last year.<\/em><\/p>\n<h6>Related articles<\/h6>\n<ul>\n<li><a href=\"https:\/\/www.iphonesavior.com\/2011\/10\/watch-jon-stewart-deconstruct-steve-jobs-on-the-daily-show-.html\" target=\"_blank\" rel=\"noopener noreferrer\">Watch Jon Stewart Deconstruct Steve Jobs On The Daily Show<\/a> (iphonesavior.com)<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><em><a title=\"Ralph Bach\" href=\"https:\/\/rbach.net\/index.php\/new-resume\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ralph Bach<\/a>\u00a0has been in IT long enough to know better and has blogged from his\u00a0<a title=\"Bach Seat\" href=\"https:\/\/rbach.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bach Seat<\/a> about IT, careers, and anything else that catches his attention since 2005. You can follow him on <a class=\"broken_link\" href=\"http:\/\/www.linkedin.com\/in\/rb48334\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/www.facebook.com\/ralph.bach.14\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/rbach48334\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>. Email the Bach Seat\u00a0<a href=\"mailto:\/\/bach.seat@gmail.com\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cisco CEO Chambers pushed a proposal for a tax holiday that would allow Cisco to avoid taxes rather than create US jobs at tech dinner which annoyed Obama<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[3240,461,247,487,834,104,536,92,835,814,507,836,45,254,471,833],"class_list":["post-10780","post","type-post","status-publish","format-standard","hentry","category-politics","tag-3240","tag-barack-obama","tag-cisco","tag-csco","tag-eric-schmidt","tag-facebook","tag-goog","tag-google","tag-john-chambers","tag-larry-ellison","tag-mark-zuckerberg","tag-oracle","tag-politics","tag-steve-jobs","tag-united-states","tag-walter-isaacson"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Cisco CEO Chambers pushed a proposal for a tax holiday that would allow Cisco to avoid taxes rather than create US jobs at tech dinner which annoyed Obama\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" 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