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Silicon Valley's Love-Hate Relationship With President Obama

theodp writes: "Covering President Obama's visit to Silicon Valley, the AP reports that the relationship between the White House, Silicon Valley and its money is complicated. Less than a year after David Kirkpatrick asked, "Did Obama Just Destroy the U.S. Internet Industry?", and just two months after Mark Zuckerberg gave the President a call complaining about NSA spying, Silicon Valley execs hosted two high-stakes Democratic Party fundraisers for the President. The White House declined to identify the 20 high-rollers who paid $32,400 per head to sit at the Tech Roundtable. The President also attended an event hosted by Yahoo CEO Marissa Mayer and Y Combinator president Sam Altman, where the 250 or so guests paid $1,000 to $32,400 a head for bar service that featured wine, beer and cognac. The following day, Obama celebrated solar power at a Mountain View Walmart before jetting out of NASA's Moffett Field."

10 of 131 comments (clear)

  1. Mark Zuckerberg gave the President a call by Anonymous Coward · · Score: 5, Funny

    ... to complain about NSA spying... HAHAHA. That's just fucking hilarious.

  2. Tech money is the the best fundraising money by Anonymous Coward · · Score: 4, Insightful

    They're a pack of nouveau riche kids that are still young enough to be swayed by a skilled orator. They can't articulate what they want beyond general grunting about infinite copyright and more H-1Bs, and they're too dumb to realize they're being played. It's a geyser of money to get while the getting is good.

  3. Re:codependent by Shadow+of+Eternity · · Score: 3, Insightful

    Learn how parentheses work. He clarified his position. Republicans are anti-small-business and anti-entrepreneur, they're pro-oligarch.

    --
    A bullet may have your name on it but splash damage is addressed "To whom it may concern."
  4. Re:Did you know by ArmoredDragon · · Score: 3, Interesting

    Think? I'd say know is more like it.

    Look at how ACTA was ratified. This was in the wake of SOPA where strong public reaction killed it while it was in the house. If ACTA had gone through the senate as SOPA had, those lobbying for it knew full well it would die like it already had in Europe.

    I'm the last person to make conspiracy theories, but I really, really, really doubt that ACTA would have bypassed the constitutional provisions required for ratifying treaties had it not been for what happened with SOPA. Technically it's an illegal treaty, but President Obama claims that he's allowed to sign it if he wants to, constitution be damned. I mean shit, nobody except for the president himself was even allowed to see it before it was ratified.

  5. Re:codependent by Vermonter · · Score: 4, Insightful

    Well, here is the distinction between your regular Joe-Shmo Republican, and your elected official Republican: The guy on the street is all for business. The guys in office are for whatever makes them richer. There is a similar gap on the Democrat side, too. Your regular Democrat on the street wants the type of socialism that gives a hand up to the poor. The Democrats in office want the type of socialism that gives the guys in power more money. This is why this whole left-right thing is stupid- the guys on the street both want to see their fellow man prosper. The guys in office want to further themselves. But they tell you it's right vs left so that you fight amongst yourself instead of stopping them from passing selfish laws.

  6. Not a true tech fundraiser by FullBandwidth · · Score: 3, Funny

    The per-head fee should have been $32,767 ... whoever heard of a number like $32,400?

    --
    My friend Debbie Ann is so promiscuous, instead of an appointment book she needs a package manager
  7. Isn't it love-hate for most liberals? by swb · · Score: 4, Insightful

    I thought that most liberal-leaning people have a love-hate relationship with Obama.

    He was supposed to be their progressive knight in shining armor, but keeps doing all the usual political sell-outs to big business, big media, the security apparatus. No Wall Street guys did time, he kept fighting in Afghanistan, no real mea culpa on NSA monitoring. The only big liberal achievement was ACA, but even that seems a little compromised in many ways and I think hard-core progressives don't find it went far enough.

    Of course Silicon Valley is also myopic on the subject of its own pet issues and I'm sure a lot of the love-hate is just self-centered -- he's not doing enough for my business/industry.

  8. Re:Did you know by NicBenjamin · · Score: 3, Informative

    I can kinda understand why somebody who only reads a couple articles a year would think ACTA is illegal, but it's not. Here''s why:

    Any treaty is legally binding on the US in the term of the guy who signed. However that doesn't mean much. It just means that, to the extent the President has the ability to order things, his orders complying with the Treaty are fine. So if Obama signed a treaty that said "Justin Bieber shall be fed to the badgers, and the Ambassador Bridge international crossing will be closed every May," the Treaty would be legally valid for Obama's term. Since Obama can't order people to be fed to badgers Bieber would be fine. Since he can order his border patrol to not let anyone you ain't using the Ambassador Bridge in May. If he wanted to close the Bridge in 2017 he'd have to get the Treaty ratified by the Senate, or convince his successor to sign the treaty, or just convince his successor to write an Executive Order. Since the government doesn't have the Constitutional authority to feed people to badger's, the Bieber bit of the treaty would never be valid no matter how often the Senate voted on it.

    If the Treaty involves some change to US Law it's valid in the sense that it's binding on the US when the Senate ratifies it. It's not valid in the sense that you have to obey the damn thing until Congress passes a law complying with the Treaty. So if some treaty insisted we ban cigarettes you could still smoke until the House and Senate pass a bill banning cigarettes. In a lot of ways ratification is actually be a waste of time, because you'd need 67 Senators, whereas passing the statute only requires 50 (assuming the VP agrees with the Treaty). If the President signs the treaty on Monday, 35 Senators say "fuck you, we smoke" on Tuesday, and 50 Senators, the VP, and the House ban by statute the damn things on Wednesday, then cigarettes still get banned.

    The enforcement mechanism in most treaties is other countries bitching when they're not complied with. Obama knows he's gonna comply with ACTA because our laws already comply with ACTA. He can sign it, which makes it binding on the US, but he doesn't need to have it ratified.

  9. Re:The Field Fox by NicBenjamin · · Score: 4, Insightful

    Are you kidding? I help run a small business and I am starting one myself. I am an independent, but it is recent policy changes from the current administration that has been strangling us. We have had to lay-off employees in preparation for the ACA changes. This admin has done more to strengthen big business and make life harder for entrepreneurs than I have ever seen. I have voted for both liberals and conservatives, but I will be very hard-pressed to vote for a liberal again after so many lies and broken promises.

    And how would you have gotten insurance as an entrepreneur before the ACA's Exchange?

    The answer is pretty simple. There are two possibilities:

    1) You're young, with no kids, no expensive females in the household, and can convince the agent you have no pre-existing medical conditions. You will get insurance.

    2) You wouldn't have insurance.

    I'm very skeptical of anyone who says they "had to lay off" employees due to the ACA. IRL I've seen companies blame the ACA because they fired people and they thought they could make Obama look like a bad guy, and I've seen them hire more part-timers so they could get their 33-hour guys down to 29. I have never seen a company that actually fired people. The Act simply does not increase your per-employee cost that way.

  10. Re:codependent by drinkypoo · · Score: 3, Insightful

    Both parties are anti-business, it just depends on the business. Anyone that claims otherwise is just a partisan or willfully blind.

    You took the words right out of my hands. Each party celebrates the corporations which pay its bills, and part of that is attacking their respective competition.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"