“Alphabet CEO Larry Page, Apple CEO Tim Cook and Facebook COO Sheryl Sandberg are among the small group of top tech leaders who will attend a summit with President-elect Donald Trump on Wednesday at Trump Tower in Manhattan, according to numerous sources with knowledge of the situation,” Kara Swisher reports for Recode.
“Those who will be attending (although most of the companies declined to comment to Recode) along with Page, Cook and Sandberg, include: Microsoft CEO Satya Nadella; Cisco CEO Chuck Robbins; IBM CEO Ginni Rometty; Intel CEO Brian Krzanich; and Oracle CEO Safra Catz,” Swisher reports. “‘I plan to tell the President-elect that we are with him and will help in any way we can,’ said Catz in a statement. ‘If he can reform the tax code, reduce regulation and negotiate better trade deals, the U.S. technology industry will be stronger and more competitive than ever.'”
“Amazon CEO and founder Jeff Bezos was invited, said sources, and he is likely to attend,” Swisher reports. “Bezos’ presence would be awkward, obviously, given how aggressive his Washington Post has been in its reporting on Trump and how many times the reality show star turned President-elect has attacked Amazon on a number of issues. Trump has done the same to Apple, dinging it on the making of its popular products outside of the U.S. And he also called for a boycott of Apple after it refused to unlock an iPhone used by one of the San Bernardino shooters.”
Read more in the full article here.
MacDailyNews Take: Also going is big league Clinton-backer, Google’s Eric Schmidt (Alphabet Inc.). Along with Cook and Bezos, that should be an interesting meeting. Oh, to be a fly on the wall!
So Facebook is sending their adult to the meeting…?
Comrade Trump will be preoccupied working his way to declare himself Supreme Leader, while appointing Boris and Natasha Bentinov to head Homeland Security.
That’s Badinov, isn’t it?
Perfect!
The headline should refer to President-elect Trump, with a “T.”
Coming from MDN, that headline error is a real surprise.
Drumpf is more like it.
How long before Mike Dense is revealed in all his cray-cray glory. He is the Dick Cheney – emphasis on dick – to Drumpf’s Dubya.
The last time the G.O.P. Had this much power was just before the Stock Market crash that triggered the slow motion calamity known of as The Great Depression. Back then a lot of working people were duped into buying Republican bullshit. This time a lot of working poor may well find themselves undercut by the very people they voted for.
When Trump makes America crater again do not come to my door expecting sympathy. Pray to Haysuse for deliverance down at the local Spook House that does not pay taxes. They teach a get rich quick gospel that is the underpinning of the Republican trailer.
Wall Street thinks they are going to party like it’s 1929. You do know how that ended, right?
“You do know how that ended, right?
sure do, nine years of The Great Depression perpetuated by the lunatic FDR that was finally ended by Japanese bombers. The Libtard Solution to chronic unemployment: send your working men into a war and their women into factories to build the arsenal,
enchanting.
botvinnik once again reveals his senility.
Aside from multimillionaires, nobody who lived through the great depression badmouthed FDR. They know that he did more to alleviate the worst of the crisis than anyone. Your revisionist views imply that only war pulled the USA out of the global depression. You are wrong.
http://www.hyperhistory.com/online_n2/connections_n2/great_depression.html
Before FDR took office in 1933, the GNP and stock prices fell by record amounts, unemployment was 23.6%. International trade (in part due to tariffs passed by the Hoover administration) had fallen by over 60% since 1929. Congress raised the top income tax rate from 25 to 63%.
In 1933, Roosevelt took office and immediately dealt with the banking crisis and modest works programs.
In 1934, GNP rose 7.7% and unemployment fell to 21.7%.
In 1935, the Supreme Court declared the National Recovery Administration unconstitutional, but Congress supported the Works Progress Administration. GNP grew 8.1% and unemployment fell to 20.1%.
In 1936, Congress raised top income tax rate to 79%. GNP grew a record 14.1%, unemployment fell to 16.9%.
In 1937, Roosevelt receives heavy pressure to slow public stimulus spending. Spending is cut in an effort to balance the budget. GNP rose only 5% and unemployment fell to 14.3%, but momentum of rebuilding the economy is lost.
In 1938, congressional opponents ensure no further New Deal legislation is passed, and spending is kept in check. GNP falls 4.5% and unemployment rose to 19%.
In 1939, war in Europe sparks the USA to begin borrowing to modernize its defenses — even before the 1941 attack on Pearl Harbor that convinced the anti-war congressmen to join the fight. The war prompted enormous deficit spending.
FINAL TALLY OF PRE-WAR YEARS:
Roosevelt’s modest deficit spending is today credited with turning around the depression. FDR presided over an average GNP growth of 5.2% — higher than Reagan’s top 7 years when it was only 3.7%, then crashed for the Bush administration. Had Congress not halted domestic investments in 1938, employment would have continued to recover.
In 1945, at the end of WW2, the costs of the war resulted in a national debt 123% of GNP, relatively the deepest debt the USA faced in modern times. To pay off the debt, the top income tax rate, paid only by the extreme rich, was 91%. It stayed at 88% until 1963, when it was lowered to 70% amidst the biggest economic boom the USA ever experienced. Fiscally responsible presidents like Eisenhower took in enough tax to not only regain control of the debt, they also invested in domestic public spending to put GIs back to work and ensuring that the USA built the most efficient economy in the world. That economy lasted a generation until arguably ~1968 when prosperity bred complacency, inequality of opportunity prompted racial reforms, the military industrial complex decided that they needed another war to boost their profits, and hippies dropped out. Hence the 1970’s began the USA’s slide from economic superpower to stagnant, fat, complacent nation. Then Apple began, and the technologies from companies like Apple spurred the 1980’s growth that botty attributes to Reagan.
Revisionists like botvinnik glorify people like Reagan who tinkered with tax rates to achieve short term results, drove up deficits, and caused a recession — they badmouth FDR, who unquestionably did the hardest work to pull the USA out of the great depression. Yes, the war put everyone to work, and FDR managed that brilliantly as well. Eisenhower won the war and then paid off its costs AND THEN warned that profiteering needed to be held in check. America ignored the last point. Today, America demands no great sacrifices from the rich. Today the rules all favor the rich, who pay the lowest marginal tax rate in 2 generations and who are the ones hoarding capital required to keep the economy humming. Think about it.
What I typed above is true.
Not that I ever want to attempt to have a civil discussion with the likes of botvinnik, but history clearly records how well FDR was managing the recovery until the freshman congressman in 1938 killed NewDeal funding and focused on a highly isolationist new direction rather than fostering international trade. By halting domestic spending, the Republican party put the brakes on the recovery. The economy was stabilized but not growing like FDR’s first 5 years when all attention soon shifted to foreign affairs. WWII deficit spending put the modest New Deal spending to shame.
The difference between then and now is that then patriots paid high taxes to fund recovery and war costs then. Today the rich hoard and whine that they can’t avoid taxes altogether.
rump is more accurate, based on his latest kerfuffle with the US intelligence community. What kind of leader refuses to listen to his own team?
A Russian puppet. What else do the Russians want? For starters they want the territories they had under the Soviet Union back. Next, they want to significantly reduced U.S. military presence around the world, so expect drastic U.S. defense cuts. Then they want to be the sole provider of natural gas to the rest of Europe. Finally, they would love to know the names of all the CIA spies in Russia – which could of been a bridge too far.
Russia hacking the U.S. election and installing Trump as their puppet is the greatest attack/crisis since the Bay of Pigs.
After the election I was under the impression that U.S. leaders were onboard with Russia running the show, but either Congress is backtracking and/or Russia went too far with their demands.
Say, he DOES like a little ‘rump’!
I think Melvin musta wrote the headline. 🙂
It’s is apropos however… 🙂
Mr. Cooks disclosure to Mr. Trump-
“We have an amazing pipeline”
yeah, the pipeline into Timmy’s bank account.
Made me chuckle. Time to copy-write and get to market…as in, remove from pipeline.
For those who are confused, for a brief time MDN posted the headline:
Tim Cook, other tech elite attend tech summit with President-elect Rump at Trump Tower in Manhattan
Missing: T. Thus the related comments and humor. 😉
Timber needs to stop by Macy’s and pick up a Trump tie. Maybe use a coupon.