Study Shows Tech Execs Slightly Prefer Romney Over Obama
redletterdave writes with an excerpt from IB Times that should be met with a bit of skepticism: "A new study released by international law firm DLA Piper Monday morning shows that among technology companies and their executives, Republican nominee Mitt Romney is the preferred presidential candidate for improving and advancing the technology industry. The study surveyed thousands of entrepreneurs, consultants, venture capitalists, CEOs, CFOs, and other C-level officers at technology companies, asking them their opinions about the 2012 presidential election and the issues facing their particular industry. The majority of respondents said Mitt Romney would be better with the technology industry, with 64 percent favoring the former governor from Massachusetts, and only 41 percent favoring the incumbent president. This is a complete turnaround from 2008 when the numbers were heavily in favor of Obama, with 60 percent of respondents saying then-Sen. Obama would be better for the sector than the Republican candidate, Sen. John McCain."
There's a whole lot of number stretching going on: the results more or less indicate only a slight preference for Romney; a healthy chunk of responses were that his policies would be "neutral" and Obama's would at worst be slightly bad. Would you like six politicians, or half a dozen? One thing is universal: everyone hates SOX.
I'm surprised that high-paid execs only "slightly" prefer a republican to a democrat. You'd think it would be a landslide.
If you have money Romney is your man. A 15% tax cut if you make $200,000 a year could net you $30,000! I am surprised it is this low actually as the very rich support Romney by a very large margin.
Having low regulations to rip off citizens and guarantee corruption too is a plus for your business.
http://saveie6.com/
I mean, it seems good for the gander, why can't we apply it to the goose?
Any business that operated the way the USG operates would be under investigation faster than you could blink.
Analysts In The Know have made it VERY clear that Romney is pretty close to a complete NON STARTER and all this MEDIA HYPE about how close (insert airquotes here) this election is amounts to nothing more than bulldust, baloney, hot air, media hype, manufactured statistics, and damn close to out and out blatant lies.
As you can see from TFA, MUCH loud ballyhoo'ing about "CEOs Prefer Romney" but when you read the numbers in actual fact that is "only just barely not actually a complete lie".
Despite their preference for Romney, 76 percent of all respondents said Obama will win the November election.
Visit CryptoGnome in his home.
The second option describes either Obama or Romney. What is the name of the candidate for option 1?
Wealthy people are biased in favor of the candidate that promises them yet more tax cuts, film at 11.
Well, people wondered why someone with strong political opinions would say, "I am not watching the debate tonight" when I told them just that. I do not vote major party, because no matter what they say, they do the same thing. Neither party has worked to end the "leave people with inescapable debts when they are just starting out in life" system, neither party has worked to end the "send paramilitary assault teams into innocent civilians' homes" approach to drug policy, and neither party has worked to end the standing army / military-industrial-complex money sink. Romney is not going to work to advance goals that benefit commoners, because he is just as beholden to corporations as Obama or any other major party candidate.
Palm trees and 8
One thing is universal: everyone hates SOX.
And why not? Most thieves hate the Law....
HA! I just wasted some of your bandwidth with a frivolous sig!
We're going to be screwed either way [...] take your pick
But it's so difficult to pick one... Oh, why can't we just have FL and OH decide for everyone?
Really I've not been interested in voting this next election as the POTUS in particular seems to be elected not much differently than people would vote for their favorite sports team, or vote for the high school prom king. I've heard everything from "because he's a cool guy" to "because my friends are voting for him" and the scary thing is that this seems like the majority of those I've run into. So I wonder, why bother?
Well, in trying to convince me to get out and vote for Obama, a liberal pointed out to me that Romney is has ripped off the poor and killed jobs at Bain Capital, namely through selling companies and pilfering their pensions. I looked this up, and found that Bain Capital was actually responsible for the success of many companies that have tons of employees (Staples and Domino's among them.) While some have faltered, it seems to be a slight minority of them (as in somewhere less than half.) As for the raiding of their pensions, it appears that there was only one incident that could remotely be interpreted as that, however it wasn't what you could call raiding it. Apparently, Bain Capital owned a company called GS something, but took no part in their management. Somebody within that company wasn't properly funding the pension, and when they went bust, they couldn't pay the employees their full pension, reducing $400 a month from it. I'm not sure how you pin that on Romney.
Another one was that Romney's campaign was being funded by banks, and therefore he must be in bed with them. I looked at his source, and it included a disclaimer that said it wasn't the banks themselves, but their employees. Even if they did support him, I'm not sure what that is supposed to prove. The argument was that he was in favor of TARP, so the banks want him in. That didn't make sense to me because no politician has been a bigger supporter of TARP than Obama. On that same token, I noticed that Hugo Chavez endorses Obama, but I somehow doubt that will make Obama sympathize with him.
Although I did find out (from seeing excerpts of the debate) that Obama gave very large government loans to several corporations who contributed to his campaign (the actual corporations, not the employees,) and then went bust, effectively pilfering government money. When Romney threw that argument out there (albeit in far less harsh words) you could see the expression of "yeah, that wasn't one of my best moments" in Obama's face.
I also heard the argument that Romney will make the rich richer. Looking back though, that is exactly what has been happening over the last four years under Obama's watch, but I'm supposed to believe that giving him another four years will make that go away? I've also heard the standard argument of "If X gets elected, he'll sell out our country," which is the same argument I've heard every election.
So far, Obama's supporters have only convinced me that voting for him would be a bad idea. Especially his running mate Joe Biden who effectively announced that we're worse off now than we were four years ago.
Still though, I don't see any convincing reason to vote for that particular office at all. The only person I'm thinking of voting for is Jeff Flake who came out against SOPA/PIPA, and actually does have a record of reducing spending, which I as a libertarian do find attractive.
Careful with names containing L slashdot.org/~AiphaWolf_HK slashdot.org/~AlphaWoif_HK slashdot.org/~AiphaWoif_HK
Yes, ask their employees if they'd also vote for someone who would reduce taxes for their bosses, but raise theirs.
And that link has what to do with Romney? (Hint: Nothing)
And yet... millions of people who feel that way are going to vote for them anyway.
Seriously people, grow a pair and vote for a third party or none of the above. Not voting is a vote. If record lack of turn-out at the polls isn't a strong enough sign of dissent to get a response then there is no peaceful action left.
Who knows, maybe one of these days we will get rid of political parties and force candidates to run on their individual stances, past records, and merits. No more herding everyone like brainless cattle into two corals.
Any business that operated the way the US govt does would declare bankruptcy and be forced to sell off all it's assets after a year.
Any government that operates the way a business does would execute the disabled at birth.
One would not care to have a government run like a business any more than they would care to have a business run like a government.
paintball
I disagree: don't refuse to vote. Get out there and vote. But vote third-party. If you don't vote at all, that's not really a vote, because then everyone will just say you're apathetic, you're not interested in politics, etc. But if you vote, and vote for a third-party, they can't pull the apathy card; if lots of people are pissed off and vote for third-party candidates, that will show that people aren't apathetic, they care, but they're totally pissed about the mainstream candidates and want a better choice.
If you don't vote, your "no-vote" won't show up, except in turn-out polls and raw voting numbers. When people look at the results, they'll see something like 48% Romney, 49% Obama, 3% other. If lots of you vote third-party instead, we could see something like 35% Romney, 36% Obama, and 29% Other. Suddenly, the idea of a non-Dem, non-Rep candidate becoming President looks like a real possibility.
I'll choose John Paul as the presidential candidate and Romney's running mate Paul Ryan as the vice-presidential candidate. ... My vote doesn't count.
Um... Do you mean Pope John Paul, or Ron Paul?
P.S. Ryan is a tool, as fast and loose with facts as he is with his marathon times...
It must have been something you assimilated. . . .
Cthulhu / Dagon - why vote for the lesser evil?
Faster! Faster! Faster would be better!
What am I missing here?
64% for Romney
41% for Obama
105% total
No I haven't read the article to see if those numbers in the summary match...
-5% for Ron Paul
Actually, I have been listening to what Romney is saying, and he isn't saying much. He will cut the rates across the board 20%, and he will make it revenue neutral by closing some mythical loopholes.
The problem with what he is saying is that cutting the base rate = $5T over 10 years. Even eliminating the mortgage deduction, the employer's tax credit for providing health care, it barely begins to scratch that loss of revenue. Hell, cutting all foreign aid, including to Israel is barely noticeable. (Foreign aid is ~ $23B a year, over 1/3 goes to Egypt and Israel) http://www.vaughns-1-pagers.com/politics/us-foreign-aid.htm
The fact is taxes have to go up for the middle class if he is going to be revenue neutral. So, either he is lying about being revenue neutral, or lying about not raising taxes on the middle class. Can't have it both ways.
Suppose you were an idiot and suppose you were a member of Congress
Not voting is a vote.
Some day, I'd like for someone to explain to me how abstention leads, in any way, to revolution... and why that would be a good thing.
I know people love drama, but revolutions are seldom without severe consequences for everyone, involved or not, and often end in monumental disaster. Anyone remember what happened the last time someone in the US tried this on a large scale? Bloodiest event in our history, something like 600,000 dead, economy annihilated, permanent rift among the citizenry that we're still dealing with every day.
We're not talking about Browncoats in movies here, just shouting Jefferson quotations instead. We're talking genuine stuff of nightmares. Gunshot wounds to women and children, IED's, chemical weaponry, death from above, a domestic insurgency that will do anything, etc. Meanwhile, outside threats and deals with the devil. Ugly, ugly shit.
It doesn't matter if you vote or not, the President is picked by the Electoral College. Even if no one voted, they still would.
and a little help from his friends, George and Ringo.
rewriting history since 2109
Mod down
The whole point of Sarbanes-Oxley is people had no clue Enron was doing weird shit. You can hate it all you want. but its goal is to encourage transparency to protect its investors. I see nothing wrong with that
http://saveie6.com/
The fact is taxes have to go up for the middle class if he is going to be revenue neutral. So, either he is lying about being revenue neutral, or lying about not raising taxes on the middle class. Can't have it both ways.
I think we can all agree that Romney is lying. That was his debate strategy, after all, to lie about his positions. He knows that his pro-CEO position is untenable if the public knew about it. Also, he's not a smart person anyways, if he was, he'd be worth far more than $250 million and into the billions that his capital management peers are worth, or he's lying about his assets. see: http://www.washingtonpost.com/opinions/mitt-romney-is-worth-250-million-why-so-little/2012/10/05/64128882-0c20-11e2-a310-2363842b7057_story.html
And, you do need to raise taxes in the middle of a recession to grow an economy. The GDP is the sum of all spending, and it/the economy only grows when everybody spends more.
If people do not spend more (for whatever reason, maybe they fear for their future and want to save, or maybe they're now turned off by products produced by sellers, such as Samsung Galaxy's or real estate) then it is up to government to increase that total spending, in a way that causes money to flow through the economy. Normally that's done by lowering interest rates, but they can't possibly go any lower, and now government has to directly spend - take money from the public, spend it.
Economically, the government is just another person, that's really really rich. This person can cause the economy to jumpstart, by influencing the economy's spending habits directly, instead of indirectly through interest rate reduction.
The worst thing you can do in a recession is NOT SPEND. This is why conservatives are fucking clueless at growing an economy, because they like to do the exact opposite of what you need to do.
Additionally, conservatives are horrible at influencing others to spend money. When was the last time a conservative made you WANT to buy something? Liberals do it all the time - and they magically produce value out of nothing. Entertainment, fashion, higher-education, and the arts are industries that actually cause people to WANT to spend money, and produce value from nothing, because liberals have the power to produce value intellectually that conservatives do not.
Conservatives can never produce value intellectually - they're conservatives after all, and are incapable of pushing the state-of-the-art in intellectual fields. They're always stuck with industries that are based on NEED, such as real-estate, energy, etc, and can only produce value from physical resources.
I'm an engineer in a SOX company, and I get to know part costs.
My thought is that it's like HIPAA. Companies meet the requirements in the worst possible way. Often because a contractor makes it as hard as possible to extend their contract and guarantee frequent business. I've worked in multiple SOX companies, and I was a HIPAA contractor, apparently the only literate one, given that HIPAA explicitly states that encryption is not required, but everyone I ever talked to believed encryption was required. SOX seems to be the same. You "could" know things like you describe, but your knowledge of it would need to be documented. The compliance is "easier" if they only let a few see any numbers at all, and punish the rest of the company. They do it so there's nothing you could do that would violate SOX compliance (sell your used laptop on eBay without wiping the drive would be OK). But if you did have the access, they'd need to track, audit, and protect the information.
If you are suffering from SOX, it's likely because your managers hired incompetent contractors.
Learn to love Alaska
Ross Perot. Good luck on the time machine to get him elected in 1992.
Learn to love Alaska
...if you were referring to Romney then you haven't really been listening to what he's saying.
He says everything you want him to say:
http://www.roboromney.com/
(see how the tech sector and Romney go together!)
Blowing mod points.... there is a common economic model that describes where each candidate would have to reside in order to obtain the most votes from their particular brand of lunatic fringe. Look up the Hotelling model. This explains why the candidates in a two party system are just the top and bottom of a shit sandwich.
90% of everything is crap. Also, crap is relative.
How many rich CEO's spend money on helping the economy to grow? Lately they have been saving all of their money in offshore tax havens. It would take a really silly rich person to spend his money on general consumer goods instead of airplanes and "yachts in Dubai" which an increase of production in would not help the general population. However, if capital is given to the general population, the money will be more readily spent on everyday goods that some owner could produce. Even more so for the poor. One of the only benefits of being insanely rich would be to invest in new science and technology which has been seen with ventures like SpaceX and Tesla. But how many of the oil-loving barons in Congress and others are doing that? Not too many. In summary of what I have been saying is that most rich people are insanely irresponsible for the economy and science. That is what needs to change.
Society use your Sciences
People used to vote for Mickey Mouse as a write-in candidate, but, frankly, I'm afraid to see what Disney would do with that kind of power.
Use of the words "good", "bad" or "evil" is almost invariably the result of oversimplification.
Mitt has more money than the previous ten Presidents combined, and he thinks that it is OK for a US President to hide his money overseas to avoid paying US taxes. What kind of an example does he set when he thinks it is OK for a US President to do this? Mitt refuses. unlike every president before, unlike what he demanded of his VP choice Ryan, unlike what his very own father did, to release ten years of taxes, then Mitt expects us to believe you when you say there's nothing there? Here's a clue- McCain scouted Mitt for VP, and, when Mitt released ten years of his taxes to McCain, McCain chose of all the idiots in the world. Palin. Stop for a moment. Palin. was. chosen. over. Romney...An Alaskan trailer park quitter was chosen over Mitt. . Does that tell you something is very wrong with Mitt?
Republican leadership = Idiocracy
Maybe you need to listen to what Romney is saying.
From the debate:
- He says he will reduce the tax burden on the businesses that create the most jobs in this country.
- He says later on that the top 5% of businesses create most of the jobs in this country
- He admits even later that all of those businesses are raking in lots of money through existing tax cuts and benefits.
- He reiterates that he will cut taxes for the job creators
Yes, Romney will cut taxes for the top 5% of the corporate income brackets where the subsidiaries of Exxon-Mobil and Donald Trump live. This will be payed by cutting NPR, Public Health Mandate, Food Stamps, Subsidized Housing and COBRA aka everything the poorest among us have to not fall into desperate poverty, disease and hunger.
Custom electronics and digital signage for your business: www.evcircuits.com
It would take a really silly rich person to spend his money on general consumer goods instead of airplanes and "yachts in Dubai" which an increase of production in would not help the general population.
It's funny that you mention this. The yachts in Dubai used to be yachts in Miami. What changed? When Bush Sr. broke his "no new taxes" promise, one of the taxes is a luxury boat tax. What happened? People with enough money to buy yachts stopped buying them here. Overnight we destroyed an industry and lost 600,000 jobs. Why? Because some petty assholes thought it would be a good idea to punish the rich. The problem with that kind of thinking is that it's limited. The rich weren't punished. The tradesmen who used to make boats for the rich were punished.
Of course, don't let reality get in the way of ideology
LK
"Hi. This is my friend, Jack Shit, and you don't know him." - Lord Kano
A trendy enough thing to say, but falls on its face out here in the Real World.
Speaking for myself, here -- I don't want to be chained to working for a megacorp to be able to buy decent health insurance. I've done that, and it sucked. If we can make it to 2014 without repeal of legislation scheduled to be enacted, I'll actually be able to buy a decent individual policy at a reasonable price, even if I'm working for myself.
Second -- there are groups I'm active in (one regarding transportation policy, the other focusing on marriage equality) where the difference between the parties on matters important to us is night and day. Which party controls Congress (and, to a lesser but by no means trivial extent, the executive branch) makes a serious difference in terms of what we're doing -- as in, fighting for incremental improvements vs fighting to avoid repeal of the last 20 years of progress -- so this "they're all the same" BS falls completely flat when exposed to actual practice.
Citation needed.
There is no memory shortage. yes I have heard of XFCE. Go away.
but its goal is to encourage transparency to protect its investors. I see nothing wrong with that
To quote the late Milton Friedman, "One of the great mistakes is to judge policies and programs by their intentions rather than their results."
However noble the original goals of Sarbanes-Oxley were and remain, the results of a decade worth of experience suggest that the law as written is substantially flawed needs to be either repaired or repealed and replaced. Sarbanes-Oxley failed to prevent the financial crash and the collapse of publicly traded companies due to accounting frauds. By any reasonable and objective measure, the Sarbanes-Oxley law failed to achieve it's primary objective. Namely to prevent another crises and meltdown of a major publicly traded firm due to "off balance sheet" transactions and accounting frauds.
Why focus on Enron, Bain Capital, his *star* claim was bailed out by the Federal Govt in a dubious manner:
http://www.drudge.com/news/160516/federal-bailout-saved-mitt-romney
He loaned money from a bank, took the money out as 'bonuses' from Bain and the Federal Govt had to bail Bain out so the loans didn't drag the banks down. The bonus system agreed that allowed this he got from a political crony he later hired from the Federal govt into Bain.
Nasty and corrupt.
It's a sad thing that so many people in the past listened to Friedman......
Yes, both major parties are market-oriented, and the market drivers are middle to large grossing companies and their largest shareholders. Research suggests that constituent issues primarily concerning the bottom 50% are utterly ignored, the 2nd quartile are barely acknowledged, while the top quartile get varying levels of service correlating with their campaign donation levels.
That said, despite fact that social democratic, libertarian, et al voters are marginalized within the two parties there is significant policy differences between them. There was a difference in 2000, 2004, 2008, and today. The 2000 election was a large-scale experiment testing the theory that since both parties by-and-large represented corporate interests, that was the end of the story. A significant number of voters decided to have some fun in the booth and voted Mickey Mou... Ralph Nader. The theory wasn't answered with a no, it was a fuck no, even if you discount the wee matter of a war with Iraq.
Luke, help me take this mask off
"I really want this multi-million dollar yacht but I don't think I can pay the 10% luxury tax" said no one ever.
Yah, rich people don't care about luxury tax. No rich person has ever worried about taxes. Ever.
Sorry, but try another excuse to attempt to justify your libertarian tax cuts.
Way to parrot the GOP talking points, gut the workfare requirements....you mean the same thing that Governor Romney was trying to do...
The way we've been doing it in Canada is cut taxes, then put fees on everything. Buy a TV, there's a $20 environmental fee. Doesn't matter if it's a little $100 TV or large $2000 TV, you pay the same fee that goes into general revenue. Most consumer purchases now have some type of flat fee attached, therefore keeping sales tax down and being fair by charging the poor and the rich the same.
Latest has been the crown corporations. Government needs money, add a surcharge to the electric bill. My bill just went from $60 to $80 for 2 months even though my power usage is still 34 KW/hrs a month. Once again fair as whether you use no power or 100's of KW/hrs you pay the same extra $10 a month.
They now want to put tolls on all bridges to pay for transit as raising the gas tax unfairly makes those with large vehicles pay more and that isn't fair.
Many government services that used to be free or a token payment now have large fees, need ID so you can vote and the government has a picture of you for their facial scanning systems, that's now a hundred dollars.
The list goes on with the government wanting to add ever more fees and brag about having low taxes with the poor paying a larger percentage of their income to the government then the rich. But this is good as we're continuously reassured that once the rich get rich enough they'll create some jobs.
https://en.wikipedia.org/wiki/Inverted_totalitarianism