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Apple CEO Tim Cook Shares His Experience Of Working With President Donald Trump (bloomberg.com)

In a wide-ranging interview with Bloomberg, Apple CEO Tim Cook talked about his experience of working with Donald Trump. He said: I feel a great responsibility as an American, as a CEO, to try to influence things in areas where we have a level of expertise. I've pushed hard on immigration. We clearly have a very different view on things in that area. I've pushed on climate. We have a different view there. There are clearly areas where we're not nearly on the same page. We're dramatically different. I hope there's some areas where we're not. His focus on jobs is good. So we'll see. Pulling out of the Paris climate accord was very disappointing. I felt a responsibility to do every single thing I could for it not to happen. I think it's the wrong decision. If I see another opening on the Paris thing, I'm going to bring it up again. At the end of the day, I'm not a person who's going to walk away and say, "If you don't do what I want, I leave." I'm not on a council, so I don't have those kind of decisions. But I care deeply about America. I want America to do well. America's more important than bloody politics from my point of view. Let me give you an example of this. Veterans Affairs has struggled in providing health care to veterans. We have an expertise in some of the things at the base level that they're struggling with. So we're going to work with them. I could give a crap about the politics of it. I want to help veterans. My dad's a veteran. My brother served. We have so many military folks in Apple. These folks deserve great health care. So we're going to keep helping.

350 comments

  1. Apple sitting on billions and tax evader by Anonymous Coward · · Score: 3, Insightful

    Help Americans, sure you do Timmy.

    1. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 1, Insightful

      Be brave, bring back those billions, pay some tax and create jobs.

    2. Re:Apple sitting on billions and tax evader by DontBeAMoran · · Score: 2

      You think they're soldering RAM directly on motherboards just for fun? It's because they can't even afford SODIMM sockets!

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    3. Re:Apple sitting on billions and tax evader by MightyYar · · Score: 0

      I'm sure you pay more taxes than you owe.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    4. Re:Apple sitting on billions and tax evader by Anonymous Coward · · Score: 2, Insightful

      Yes, he's openly gay, your point being?

    5. Re:Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0, Troll

      A rectum is not a sexual organ. Such confusion should have cleared up by age 4 or 5.

    6. Re:Apple sitting on billions and tax evader by Chris+Mattern · · Score: 4, Insightful

      No, it's because Apple's preferred upgrade path is that you need to buy a whole new computer.

    7. Re:Apple sitting on billions and tax evader by DontBeAMoran · · Score: 5, Insightful

      And that's a really green thing to do.

      If by "green" they mean money instead of the environment.

      --
      #DeleteFacebook
    8. Re: Apple sitting on billions and tax evader by dougdonovan · · Score: 1

      keep it in the US tim !

    9. Re:Apple sitting on billions and tax evader by prefec2 · · Score: 2

      However, some people enjoy putting genitalia in there. If you do not like that. Don't do it, but it is up to the respective person to decide whether they want to do it.

    10. Re:Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      A rectum is not a sexual organ

      O RLY?

    11. Re: Apple sitting on billions and tax evader by cayenne8 · · Score: 4, Insightful

      Be brave, bring back those billions, pay some tax and create jobs.

      Well, to be fair, the current administration *IS* working on legislation (hopefully soon) to allow for repatriation of Apple and other companies' tax dollars offshore....at a reasonable rate.

      You can't blame a company or an individual for taking every LEGAL tax write off and advantage that is offered to them.

      Do you not take every deduction you can? Do you offer to pay more tax than you have to?

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    12. Re:Apple sitting on billions and tax evader by DontBeAMoran · · Score: 1

      Maybe he was saying "gay" as in "happy".

      I'd be happy too if I was in charge of a company with billions in the bank.

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      #DeleteFacebook
    13. Re:Apple sitting on billions and tax evader by DontBeAMoran · · Score: 4, Funny

      So? A mouth is not a sexual organ either. Neither are breasts, hands, feets... yet there are sections for those on porn websites. I think those people are sick in the head though. I'd rather hang in the furry futanari tentacle school uniform pregnant section.

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      #DeleteFacebook
    14. Re:Apple sitting on billions and tax evader by chispito · · Score: 1

      Help Americans, sure you do Timmy.

      Get real. The millisecond an Apple CEO restructures the company so they start paying a reasonable tax rate the board will vote him or her out. As long as it is legal, corporations--and especially megacorps--will keep doing it.

      --
      The Daddy casts sleep on the Baby. The Baby resists!
    15. Re: Apple sitting on billions and tax evader by mspohr · · Score: 2, Insightful

      There are serious questions about whether or not what Apple is doing with their overseas funds is legal. The EU has better enforcement and has been after them the clean up their act and pay fines.
      I think Apple is pushing the bounds of legality and is certainly corrupt in their behaviour.
      As for me, I follow the law and pay the tax that is due. I don't go out of my way to set up dummy foreign corporations to hide my profits (although I have had advisors who recommended I do this).

      --
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    16. Re:Apple sitting on billions and tax evader by Anonymous Coward · · Score: 1

      No, it's because SODIMM slots are 3.8mm tall, plus 2mm for motherboard, and the inside space in the case is not that tall.

    17. Re:Apple sitting on billions and tax evader by no1nose · · Score: 1

      Exactly. Billions of dollars just tied up in that company. That's billions less for us in the (lower/upper) middle (poverty) classes to fight over.

    18. Re:Apple sitting on billions and tax evader by computational+super · · Score: 1

      Maybe they could try hiring a few Americans.

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      Proud neuron in the Slashdot hivemind since 2002.
    19. Re:Apple sitting on billions and tax evader by imgod2u · · Score: 1

      They hire a lot of Americans....

      Actually most of Apple's staff is in the US IIRC.

    20. Re: Apple sitting on billions and tax evader by JBMcB · · Score: 1

      Be brave, bring back those billions, pay some tax and create jobs.

      *Some* tax? Apple would pay a tax on moving money out of the country where it came from. They would then pay a tax on bringing money INTO the USA. Then they would pay corporate tax on the profit registered. Sometimes those taxes are on the principal, not the net - so if you are bringing in $1,000,000, you pay all the taxes on the full $1,000,000, not on the post-excise tax amount.

      The problem is everyone wants their cut. The foreign government wants their cut, the US government wants their cut, and the state government wants their cut. If the foreign government is going to make it cheaper to keep Apple's money there, then that's what Apple is going to do. If the US government wants that money to come back here, they are going to have to make it cheaper to do so.

      --
      My Other Computer Is A Data General Nova III.
    21. Re:Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      The motherboard in a recent Mac laptop is 1.5mm thick, actually, and the CPU sits 2.5mm off the board, considering the die, substrate, and solder balls, so there's definitely at least 4mm of space in the case. The heatpipe on the CPU is actually another 2mm, so we've got 6mm, plus another for clearance on each side gives in 8mm in total.

      So, we have 3.8mm for the SODIMM slot, 1.5mm for the board and, if we don't encroach on the clearance space, 6mm in which to fit a 5.3mm thick assembly. I think you're right, no way that would fit.

      Shit, even if the board were 2mm thick, that's still only 5.8mm and it would still fit. In fact, it would fit if the board were 2.2mm thick.

      I don't think that's the reason... especially when SODIMM slots exist that are designed to sit in a cutout at the edge of the board, which allows for an even lower profile; and Apple has used them in the past.

    22. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 1

      absurd. the corps lobby for these loopholes to be created to benefit themselves. nothing close to just taking every deduction you can when you pay to have them created.

    23. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      Be brave, bring back those billions, pay some tax and create jobs.

      Well, to be fair, the current administration *IS* working on legislation (hopefully soon) to allow for repatriation of Apple and other companies' tax dollars offshore....at a reasonable rate.

      You can't blame a company or an individual for taking every LEGAL tax write off and advantage that is offered to them.

      Do you not take every deduction you can? Do you offer to pay more tax than you have to?

      Please don't be a shill. Yes, and you can't blame me for burning as much carbon as makes me comfortable in a LEGAL fashion either. Doesn't Tim Cook fly on planes much more than me? These types of talks always conflate what you should do, and what is legal. What is best for the individual/corporation or the greater society. Don't make excuses for corporations that use tax havens. Otherwise, you just change the topic to favor corporations and individuals, in favor of the greater good. If that is your goal, fine. But make it clear. If you said, "screw global warming. I'm happy with my money," that's fine. At least we know were to begin our communication.

    24. Re:Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      The he should just STFU instead of grandstanding and playing mother Theresa.

      Idiots like you buy it though so he won't stop.

    25. Re: Apple sitting on billions and tax evader by barc0001 · · Score: 1

      > Well, to be fair, the current administration *IS* working on legislation (hopefully soon) to allow for repatriation of Apple and other companies' tax dollars offshore....at a reasonable rate.

      At the rate this administration "works" on legislation I would expect to see that bill sometime in the 22nd century.

    26. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      In a way, yes. I don't take any witholdings, so while I don't actually give them money because I still get it refunded, I am in effect giving the government an interest-free loan every year.

    27. Re: Apple sitting on billions and tax evader by ausekilis · · Score: 1

      Theres a big difference between my $200 return from TurboTax and Apples spending thousands in CSAs to avoid spending millions in taxes.

    28. Re: Apple sitting on billions and tax evader by GLMDesigns · · Score: 1

      You do realize that legislation must be passed by Congress, that is the House and the Senate before it is signed into law.

      And you do realize that the Republican party is split in factions much the same as the Democrats. So, blaming Trump for Congress doesn't make sense.

      Or would you rather that everybody does what the President wants and get rid of Congress altogether?

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    29. Re: Apple sitting on billions and tax evader by bobschneider8 · · Score: 3, Informative

      Nope. Apple has stashed much of their cash in an Irish company which is not taxed anywhere, in a manner that they didn't have to pay any tax before they stashed it there. The latter point is what the EU objected to, claiming that Ireland allowed them excessive deductions for the "royalties" they paid to the stateless company, to the tune of US$13 billion of tax not paid.

      They would have to pay US tax if they dividended these funds up to the US, but not any tax anywhere else. And they're busy lobbying Congress (along with lots of other multinationals) to let them bring it all back at a 5% tax rate, rather than the 35% everyone else has to pay.

      Ireland has changed their laws to prevent anyone using this particular trick in the future, but there are other places you can still use.

      FWIW, I have over 30 years experience as an international tax attorney. I've never worked for or with Apple, but the description above is what's been in the tax professional news, and it's all plausible to me.

    30. Re: Apple sitting on billions and tax evader by I'm+New+Around+Here · · Score: 2

      A large group wanted to do that 4 years ago. Now they have changed their minds for some reason.

      --
      If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
    31. Re: Apple sitting on billions and tax evader by Skuld-Chan · · Score: 1

      One of those spirit of the law vs letter of the law issues. Constantly acting like an alpha with no regard to public well being will be the death of the empire.

      But you're right - we live in an age where unless its spelt out in black and white what you can and can't do and there are severe punishments in place - everyone will push that limit to the extreme and those who don't are suckers apparently.

      And they say Social Darwinism is Pseudoscience.

    32. Re: Apple sitting on billions and tax evader by I'm+New+Around+Here · · Score: 1

      You need to increase those last two number references by a couple orders of magnitude.

      --
      If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
    33. Re: Apple sitting on billions and tax evader by nine-times · · Score: 2

      You can't blame a company or an individual for taking every LEGAL tax write off and advantage that is offered to them.

      Well I can't necessarily blame a CEO for trying to maximize profit, at least inasmuch as he has a legal duty to the shareholders to do so. However, I sure can blame an individual for taking advantage of loopholes in the tax code. Taxes present an interesting ethical problem. We have "paying all the taxes you're supposed to" on one side, and on the other you have "people who are clearly and explicitly breaking the law in evading taxes." And then, yes, there's a sort of spectrum between those two. You have people who fudge the numbers a bit, who take highly questionable deductions that they're not supposed to. You have people who engage in extensive legal and financial acrobatics to make income not look like income. Because of how the laws are set up, it might be that the income isn't officially, legally income, but it's income, and they're not paying taxes on it. There are people who are breaking the law, but an auditor might not be able to tell, or a jury probably wouldn't convict. Or sometimes, they're just breaking the law in little ways that they're hoping the IRS will never notice.

      And I really don't think all of that behavior is OK just because people aren't being charged with crimes. I'll admit that it's not easy to know where to draw the line between "ethically taking deductions," and "unethically avoiding taxes", but I'd maintain that there is a difference.

      Do you not take every deduction you can? Do you offer to pay more tax than you have to?

      Honestly, I probably don't. I don't go looking for tax deductions that weren't explicitly intended to apply to me.

    34. Re: Apple sitting on billions and tax evader by barc0001 · · Score: 2

      You do realize the legislation has to actually be created before it can be voted on, yes? So how's that tax legislation coming? Or the infrastructure legislation? Or the border wall legislation? Or the job offshoring legislation? You know, items that The Donald promised would be ready and voted on in his first 100 days? Most of that stuff hasn't even had a cover page written for it yet. My point stands.

    35. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      ...at a reasonable rate.

      The only reasonable rate is the same rate that everyone else has paid.

      They shouldn't create tax categories such as "those who are big enough to have 4 levels of offshore profit funnels will pay X%"

    36. Re: Apple sitting on billions and tax evader by GLMDesigns · · Score: 1

      and do you realize that it's Congress which writes the legislation. My point stands.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    37. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      SEC should make two rules that effectively say "dividends cannot be sourced from borrowed money", and "you can sit on 2x the operating capital."

      In other words, force companies to give out dividends (and not sit on money). And ensure dividends are sourced from money the company actually has to give away.

    38. Re: Apple sitting on billions and tax evader by ZipK · · Score: 1

      Be brave

      I think you mean: have courage!

    39. Re: Apple sitting on billions and tax evader by barc0001 · · Score: 1

      > and do you realize that it's Congress which writes the legislation.

      Actually I know it's not:

      https://www.usa.gov/how-laws-are-made

      "A bill can be introduced in either house of Congress by a Senator or Representative who sponsors it."

      SPONSORS. Not writes. Someone else, like at the White House, or a representative's interns, or the lobbyists at Phillip Morris/Exxon/Halliburton/Comcast writes the actual bill and then finds a sponsor in one of the houses to introduce it.

      http://www.cnbc.com/2017/05/04/gop-congressman-i-dont-think-any-individual-has-read-health-bill.html

      If we use your logic that "congress" writes them, how could the health care bill have come into existence if none of them have read the damn thing? Some sort of Joseph Smith magic possession by the spirit of Ronald Reagan wrote it longform?

      I don't even live in your country and I seem to know more about the process than you do. That's embarrassing.

    40. Re: Apple sitting on billions and tax evader by GLMDesigns · · Score: 1

      yes. There is an "or" there. And you and I can write a bill and get a congressman to introduce the bill and then get it passed into law.

      Come on. The responsibility lies with Congress.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    41. Re: Apple sitting on billions and tax evader by nmr_andrew · · Score: 1

      and do you realize that it's Congress which writes the legislation. My point stands.

      s/Congress/lobbyists/

    42. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      Whisper me your favorite hentai. /twitch chat

    43. Re:Apple sitting on billions and tax evader by DigiShaman · · Score: 1

      Wait till the new ultra-slim iPhone X is epoxied together. There is no repair, only replace. The old unit goes in the shredder to be recycled. As for the data, all in the cloud baby. In fact, the new paradigm is that your physical device is just an extension of it rather then the other way around.

      The future is bleak for the mom-and-pop iDevice repair shops all around town. Soon they will be out of business in say..five years?? Yeah, sounds about right.

      --
      Life is not for the lazy.
    44. Re: Apple sitting on billions and tax evader by GLMDesigns · · Score: 1

      Yes. No. Sometimes.

      Ultimately bills are introduced and then passed by Congress.

      If you think lobbyists are bad I hope you're for having a less powerful Congress and small, limited government. The more power you give to government the more freedom you give up.

      --
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      Vote 3rd Party in 2016 and beyond
    45. Re:Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      Also everyone should have a penis in their anus.

    46. Re: Apple sitting on billions and tax evader by Atryn · · Score: 1

      Come on. The responsibility lies with Congress.

      So are you saying the President was an idiot to make these promises to begin with or that he is an idiot now for not seeing them carried out?

      --
      Come play Moral Decay!
    47. Re: Apple sitting on billions and tax evader by barc0001 · · Score: 1

      Way to shift the goalposts. Someone needs to write that legislation before it can be sponsored, and that part hasn't been done. That is not on Congress as a whole and you know it.

    48. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      ...and be promptly fired for not performing his fiduciary responsibility for the company...

    49. Re: Apple sitting on billions and tax evader by GLMDesigns · · Score: 1

      The same kind of idiot as Obama promising to close Gitmo (which could be done be Executive Order).
      The same kind of idiot as Obama promising to have the most transparent government possible.
      The same kind of idiot as all politicians.
      We all take these as statement of intent as this is not a dictatorship, the president cannot force through this legislation.

      And you know all of this.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    50. Re: Apple sitting on billions and tax evader by aaarrrgggh · · Score: 1

      Do you take advantage of the mortgage interest deduction? That is a loophole!

      Do you deduct state taxes? Same.

      Do you deduct your basis from stock sales? Same.

      401k?

      High net worth individuals make investments, like a company would. How should these investments be taxed?

      There are plenty of things that could be eliminated from the tax code with a revenue-neutral reduction in marginal tax rates... but the reason the deductions are there is to encourage "responsible" and economically advantageous behavior. Mostly, it is fair-- but when you are paying over 30% effective federal income tax rate, you are squandering your money.

    51. Re: Apple sitting on billions and tax evader by golden_hands · · Score: 1

      Mod Parent up. This post is informative- and true.

    52. Re: Apple sitting on billions and tax evader by farble1670 · · Score: 1

      Do you not take every deduction you can? Do you offer to pay more tax than you have to?

      There's a difference between taking legal, well established deductions and using semi-legal loopholes. If what Apple was doing was 100% on the up and up, why would there be any discussion about it?

    53. Re: Apple sitting on billions and tax evader by GLMDesigns · · Score: 1

      No. Congress writes the Legislation.

      Now, let's define write. A congressman (or Senator) submits a bill with his name on it. He may or may not have written every word. In today's world that is highly unlikely. His staff works on it, the President (as you mentioned), lobbyists, citizens, interest groups, think tanks can suggest wording. The Congressman can ignore it, take all or part of what was presented to him and include it in a bill.

      He the sponsors this bill (he may or may not get co-sponsors of the bill).

      It then gets reviewed and passed by the appropriate sub-committee.
      It then gets passed by one chamber, and then the other.
      It then goes to the President for approval.

      As you know there is tons of gamemanship - the most evil (from my part) is combining bills together. Today there was an example of sanctioning Russia and Iran. What if you approved of one and disapproved of the other. You, as a congressmen, will then have to weigh which of the two is more important to you. Politicians do that to trap each other - "see Person X voted for this evil legislation" therefore he is evil and your only recourse is to vote for me.

      Back to Trump and Congress - these are powerful people who are playing high-stakes games. Trump does not have the establishment republicans behind him, the freedom caucus is hated by the eRepublicans and they, in turn, have a very wary rapport with Trump. There isn't a cohesion among the Republicans as there was between Obama and the establishment Democrats.

      You could very well see this happening if Jill Stein was elected President and there was an establishment Democrat Congress wanting to keep their perks.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    54. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 1

      If they've broken any laws, stick it to them.

      If they haven't, shut the fuck up.

      It's really that simple. I pay exactly what I legally owe, and not a penny more. I expect nothing more from anyone else, and doing so isn't evil, wrong, bad, irresponsible, or illegal.

    55. Re: Apple sitting on billions and tax evader by OzoneLad · · Score: 1

      The problem isn't that they're using all those legal tax write-offs. It's that many of them are only of use to the ultra-rich and corporations, and were likely put in place through lobbying by those very same ultra-rich entities.

    56. Re: Apple sitting on billions and tax evader by drinkypoo · · Score: 1

      You can't blame a company or an individual for taking every LEGAL tax write off and advantage that is offered to them.

      I can blame corporations (or more to the point, those who run them) because corporations lobby for those tax writeoffs. They're rigging the game. Apple spends millions on lobbying.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    57. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      Ah... the "legality" argument.

      In fact, tax law is so complex (particularly for business when crossing borders)-- that it's easy to be violating some law somewhere no matter what you do.

      Some people think this will be the ultimate collapse of the rule of law, since anyone can be found guilty of something-- you just need to look hard enough... and, interestingly, those with political/contribution $ connections will find themselves on the right side of the law.

      Kind of like running an unauthorized email server with top secret information on it, vs. someone who say, writes down personal notes about their schedule (which happen to contain secret info) and share it with their military girlfriend who's writing a book.

    58. Re: Apple sitting on billions and tax evader by nine-times · · Score: 1

      Well no, it's not a loophole when you're using a deduction in the sort of situation that the deduction was created for. For example, if you deduct the interest for your mortgage using a deduction so home owners can deduct their mortgage interest, that's not a loophole.

      But I don't accept the concept that, "if it's not so blatantly illegal that you get arrested, it's ethical." Just to make a wild example, so things are a bit more obvious: Let's say you adopted an Algerian orphan that you've never met, in order to funnel your $10 million per year income through him in such a way that you can report $0 of income last year. So far, the IRS hasn't come after you (fingers crossed!). You're pretty sure that you can get away with it anyway, but only because of an obscure 1863 law intended to prevent parents from needing to report their kid's paper-route money as income. According to that law, there's supposed to be a limit of $10/year on your child's income, but there's an even more arcane law that specifically exempts Algerians from certain tax limits, so combining those two laws, your lawyer thinks the whole situation is uncertain enough that the IRS couldn't get a conviction.

      If you were to do something like that, I'd say that's a pretty clear example of exploiting a tax loophole.

      So on the one side of things, you have the very standard, normal, acceptable tax deduction for mortgage interest. On the other side, you have a (admittedly contrived) example of obviously unethical exploitation of a tax loophole involving a sham adoption.

      And then there's a lot of stuff in between. You take a friend out to lunch and claim it's a business expense, even when it's not really a business lunch. You own your own company and use your car as your personal car, but you claim it's a company car. You claim your company operates in a state that it doesn't operate in because that state has favorable tax laws. You start a corporation and claim it's a home business that is run out of your apartment, and then claim your rent is a business expense, even though your corporation barely does anything and you don't really work at home. As a CEO, you arrange to somehow get your income in a form that you can claim is capital gains, so you don't have to pay the income tax rate. Or, you just don't pay your taxes, and hope the IRS doesn't notice.

      People do all kinds of things to avoid taxes. I'd say some are technically legal but unethical, while others might be technically illegal but fairly innocuous. I'm not saying that it's easy to know where to draw the line, but I don't think it's all 100% ethical just because the government doesn't bring a case against you.

    59. Re: Apple sitting on billions and tax evader by LostMyBeaver · · Score: 1

      That money mostly doesn't belong to Apple, it's basically something like a backwards bank.

      They keep money somewhere outside the US and then take loans in the form of bonds against it.

      This means they have just as much money in America as they would have had otherwise and they create just as many jobs as they would otherwise. The difference is that they borrow the money from investors willing to get money into the US for the purpose of investment.

      If they need more money, there is a long queue of banks and governments and other investors that would gladly give them another $10 billion in cash in the US against promises made on their cash reserves for collateral.

      Here's the kicker... even if they move that money to the US, they would be required to horde the cash account. This is because they've used the money as collateral. So, it makes little difference where they keep it. They keep money made outside of the US outside and money made inside the US inside. If they need to move money back and forth, they issue bonds instead of using their own money.

      It's actually very similar to a ponzi scheme with the exception that all the investors involved are 100% aware of what's being done and support it. As long as the faith in Apple's bank account and ability to continue filling it is high, they will gladly feed it. In addition, almost everyone who has invested in Apple bonds can't afford for the bonds to fail, so they will continue to help Apple fill it.

      Consider the number of bankers, lawyers and other useless people Apple does employ directly and indirectly to make this happen. I would be absolutely shocked if Apple would actually create more jobs than that if they moved the money to the US.

      Oh... Did you hear the news about the hiring freeze and layoffs at Apple for restructuring because they had cash availability issues in the US that was making it impossible for them to perform business?

      No one else did either... it didn't happen. Apple hires the people they need when they need them as simple as that. They expand their business when they need to and that's that. They don't just decide "hey... we need to employ more people, let's do stuff to make more jobs". Instead, they plan and decide what to invest in and when they do, they go all the way with it. They don't fill rooms with people who do nothing for a living while waiting for a project. They aren't Google who will hire a bunch of smart people hoping they'll have the next great idea. This isn't the spaghetti approach, Apple doesn't throw programmers at the wall to see what will stick. They have a few people who think "what's next" and then they build a product and infrastructure around it.

      So... how many jobs do you really think would come out of moving the money from a holding account in Ireland or Thailand to the U.S.?

      I would actually assume that overall it would simplify accounting, politics and press relations for Apple and eliminate jobs instead.

    60. Re:Apple sitting on billions and tax evader by thegarbz · · Score: 1

      No one pays more than they owe. But most people at least don't use tiny legal loopholes to make it look like they owe nothing.

    61. Re:Apple sitting on billions and tax evader by thegarbz · · Score: 1

      A sexual organ is used for reproduction.
      Sexual pleasure on the other hand can be achieved by any part of the body, it just happens to be simpler when that body part is sensitive and has a lot of nerve endings. Like the anus.

    62. Re:Apple sitting on billions and tax evader by MightyYar · · Score: 1

      Your "tiny legal loopholes" are still the law, and you'd be a fool to pay more than the law says you should. The answer to loopholes is to plug them.

      (Or frankly, to abolish the corporate tax and instead tax actual people at full income tax rates.)

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    63. Re: Apple sitting on billions and tax evader by dcw3 · · Score: 1

      As unseemly as it may be, if what Apple is doing is legal (not "evasion" if it's legal), then they're doing what any business would do...make the most ROI for their investors to drive the stock up. If not, they should pay heavily. And either way, the tax code needs to be fixed so they can't.

      --
      Just another day in Paradise
    64. Re:Apple sitting on billions and tax evader by thegarbz · · Score: 1

      The result is the same. The rich get richer because they don't get "income" and corporate funds get placed in perpetual holding as investments while everyone else feels hard done by.

      I agree the answer to loopholes is to plug them, which brings us back to where we started: A person doesn't have power to get these loopholes plugged, in the meantime how much of Apple's money goes into various political donations to ensure they don't get plugged. But really all of this is completely irrelevant. You're talking about what was legal and what is not, yet the article and the basis for this thread is "Help Americans, sure you do Timmy."

      What is legal is irrelevant when we're talking about what is morally right when a guy claims to be on a moral pedestal.

    65. Re: Apple sitting on billions and tax evader by Ol+Olsoc · · Score: 1

      Come on. The responsibility lies with Congress.

      So are you saying the President was an idiot to make these promises to begin with or that he is an idiot now for not seeing them carried out?

      Yes.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    66. Re: Apple sitting on billions and tax evader by Ol+Olsoc · · Score: 1

      Way to shift the goalposts. Someone needs to write that legislation before it can be sponsored, and that part hasn't been done. That is not on Congress as a whole and you know it.

      Hmm, I wonder if maybe we could do something like have committees. Maybe they could be composed of congress critters, who would write up stuff, and send it out to have discussions with other congress critters, then possibly go back to committee to iron out suggestions and/or addotions or deletions. Then maybe after that these congress critters could vote on it, then send it to another group of congress critters that would do much the same.

      There, I invented something that has never existed before!

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    67. Re:Apple sitting on billions and tax evader by MightyYar · · Score: 1

      You can't make a moral case for corporate tax law - the government gives out arbitrary tax breaks all the time without any regard to the morality of it all. In a representative democracy, your "fair share" is decided by the political process, not moral imperative.

      I have little sympathy for the American public when it comes to corporate loopholes. They vote over and over again for a candidate from one of the two major parties - both of which are firmly on a corporate leash. This is the result, and criticism of Mr. Cook simply isn't justifiable. It's fine to say "I think Apple should pay more taxes" - it's quite another to say "I think Apple is a tax evader"... they clearly are not or there would be fines and imprisonment.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    68. Re: Apple sitting on billions and tax evader by Anonymous Coward · · Score: 0

      Paying insane levels of tax for unqualified asshat military life's to buy more MOAB's to start more wars probably isn't on Tommy's agenda....

  2. Blah, blah, blah. by Anonymous Coward · · Score: 1

    You know how credible you are, Tim?

    1. Re:Blah, blah, blah. by unixisc · · Score: 0, Flamebait

      "America's more important than bloody politics from my point of view"

      Ironic comment, coming from him. He is the one who has changed Apple from a company purely dedicated to great tech, to SJW issues, particularly LGBTQ rights. If he really thinks that stuff, he can start by not making transgender bathrooms one of his company's pet causes. One ought to remind him that Apple is a publicly held & traded company, not a startup of his in his garage/basement. Jobs or Woz might have had a right to treat it that way. HE doesn't!

  3. Yes, vets deserve great healthcare by MangoCats · · Score: 5, Insightful

    Doesn't it follow that non-vets deserve at least accessible basic healthcare?

    1. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 1

      Not really.

      One group of people made big sacrifices in service of their country, often including the ability to live a healthy life. Healthcare is part of the compensation package.

      Why would it follow that everyone else deserves something merely for existing?

    2. Re:Yes, vets deserve great healthcare by chrisautrey · · Score: 2

      Sure, but it doesn't get to be free.

      Veterans have health care because they have through their service earned access to that care, either through service related injuries or as a condition of completing a full career in service to the country. It's part of the packge. By the way retired service members have to pay helathcare premiums too so it's not free for them either.

      You would be hard pressed to find people that say healthcare shouldn't be accessable. The issue is thay many feel they shouldn't have to pay for other peoples healthcare which is what the affordable care act and the new Republican plan both still do in some form (via taxes). It boils down to personal responsiblity vice goverment social/handout programs.

    3. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 5, Insightful

      Why would it follow that everyone else deserves something merely for existing?

      Because, to quote Will Munny, "Deserve's got nothin' to do with it". Why the fuck do people have this fetish about feeling like they should have a say in what another human being "deserves". Fuck that self-centered viewpoint.

      If you give two shits about your country and your fellow citizens then you should want them to be healthy and not completely broke. Healthy people who make a livable wage don't have to worry about their medical bills piling up so they can focus on other things like maybe training for a better job or, even better, buying shit which is the only way to grow the economy.

      Once you start worrying about who deserves what you've already started down the wrong path. Not everyone is you. Not everyone has the same opportunities. It's not a matter of "deserve" it's a matter of decency.

    4. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 1

      "The issue is thay many feel they shouldn't have to pay for other peoples healthcare which..." ....which is what they're doing whether they like it or not. Americans were already paying for several healthcare systems through taxes that they may not have access to themselves (Medicare, Medicaid, VA). Then, they were also paying for the healthcare of other people in their insurance pool - the money you pay isn't just for you, the fund is shared between everyone, which is why insurance companies hire people to deny as many claims as possible. Then you pay for the people who can't/won't get insurance to use emergency rooms as their primary point of care and their costs when they become bankrupt through medical bills and can't pay them. Then, you pay higher amount for everyone to have higher rates of preventable diseases and conditions because people can't afford preventative care.

      "It boils down to personal responsiblity vice goverment social/handout programs."

      No, it boils down to people being ignorant as to how much more per capita they're paying than every other developed nation on Earth, and refusing to understand that the more altruistic option also happens to be the cheaper way. If you think you're not already paying for the healthcare of others you're a fool. Wake up, and demand the method that's more cost effective.

    5. Re:Yes, vets deserve great healthcare by ScentCone · · Score: 3, Interesting

      Yes, vets deserve great healthcare

      Right! Because, after considerable thought, each chose to join the military and sign a contract that made specific offers (such as that health care). Vets EARNED the use of all of those professional services, materials, and people's skills by putting their lives on the line (or, if they were behind the scenes, working in a generally pretty sucky environment and for modest pay within a very rigid structure). They deserve that health care deal because that's part of what they BOUGHT with their service.

      Doesn't it follow that non-vets deserve at least accessible basic healthcare?

      That depends. What did you do to earn the services of a podiatrist to look at your stubbed toe? Why do you deserve part of that doctor's day, and the staff she pays, and the rent she pays on her office, and the materials she consumes, and the insurance she has to buy in case you want to frivolously sue her because your sore toe didn't heal fast enough to let you compete in the Olympics as a figure skater even though you've never been on the ice before?

      Or are you saying that you're BORN with a claim on that doctor's time? Is that doctor born with a claim on some of your time? No? Why not?

      --
      Don't disappoint your bird dog. Go to the range.
    6. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      Every "enemy" that the US has faced in the past 40 years has been a creation of our own military policy. Its getting to be a real stretch to claim that anyone in the US military is actually serving their country. At best, they are naive idealists who have been conned by propaganda. At worst, they are amoral mercenaries who enlist for personal gain.

    7. Re:Yes, vets deserve great healthcare by entropy01 · · Score: 1

      It also follows that a government that can't provide decent healthcare for our vets isn't going to give a shit about you and yours.

    8. Re:Yes, vets deserve great healthcare by WrongMonkey · · Score: 5, Informative

      Forget about "deserve" or "earn". All empirical evidence shows that it is less expensive per capita to provide universal single payer healthcare. We are collectively wasting more money trying to sort out who deserves what healthcare than it would cost just to provide healthcare for everyone. So besides a sense of moral superiority, what do you have to gain by supporting the current system?

    9. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      Where do we draw the line? There is a finite amount of resources/money. Is a free clinic good enough or do I get an endless supply of services to cure my aliment? Do I owe anything when it's over? If my heart condition can be mitigated with a better diet and exercise do I get free groceries and a gym membership? If the government paid, can they force this lifestyle on me? I am all for being a decent person and helping your neighbor, but where do my responsibilities end and theirs begin? The devil is always in the details.

    10. Re:Yes, vets deserve great healthcare by Ogive17 · · Score: 1

      I really don't understand your point. Did Donald Trump deserve to be born into a wealthy family? What about Paris Hilton?

      Preventative care is much cheaper for taxpayers than reactive care. To me, it seems like common sense to give everyone free access to routine checkups. I have pretty decent health insurance and even I end up paying a couple hundred dollars per year in preventative check-ups. If my annual blood work caught something early, that is going to reduce the overall cost of treatment.

      Even though it's completely off-topic, I agree insurance premiums for doctors are ridiculously high.

      --
      "Action without philosophy is a lethal weapon; philosophy without action is worthless."
    11. Re:Yes, vets deserve great healthcare by I'm+New+Around+Here · · Score: 1

      I really don't understand your point. Did Donald Trump deserve to be born into a wealthy family? What about Paris Hilton?

      Can was put this stupid bullshit to bed already?

      My parents had me. My mother gave birth to me. My father impregnated her so she would give birth to me. Did they go to a lab and design a baby like I can build a toy car? No, of course not. They mated and produced an offspring, maybe planning for it, maybe not.

      Did I deserve to be born into a family of poor farmers? Was I put into that situation by the universal gods? Did Fate grab a potential sentience and implant it into a randomly formed organism that grew into myself?

      No. I am the biological result of two people doing what has been going on for millions of years. Asking whether someone "deserves" it, or using the ridiculous term "genetic lottery", or somehow implying there is anything more involved that natural instinct and behavior is asinine, and simply reveals your jealousy at not having as much as another person. You want Trump's money, end of story.

      Stop blaming your childish jealousy on the cosmic gods. They don't deserve it.

      --
      If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
    12. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      Forget about "deserve" or "earn". All empirical evidence shows that it is less expensive per capita to provide universal single payer healthcare. We are collectively wasting more money trying to sort out who deserves what healthcare than it would cost just to provide healthcare for everyone. So besides a sense of moral superiority, what do you have to gain by supporting the current system?

      Or, don't vets deserve to return to a well functioning society?

    13. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      Or are you saying that ALL medical staff are to government employees? Single payer makes them government employees. Do you want your health based upon the people that work at the DMV? We have the best possible healthcare for those who can afford it, because we attract the best and brightest into healthcare. They go there to get the MONEY. Make them government E-3 or whatever and they will leave the system. You will be left with DMV workers in the hospitals. Or should the Doctors still get paid $$$$, and EVERYONE can get the super elite care, so then your Taxes go up uP UP!

    14. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      > All empirical evidence

      Citation needed.

    15. Re:Yes, vets deserve great healthcare by nmr_andrew · · Score: 2

      I'm not sure where exactly the line should be drawn, but almost every other country in the world spends SIGNIFICANTLY less on healthcare and has better overall outcomes *queue unsubstantiated anecdotes about long waits for emergency care*

      I would think though that moving the line somewhere so that health is more important than profits...

      As a small example, last night on the local news there was a story about someone trying to open a discount surgical clinic, his permit has been denied by the state at least 4 times, at least partially on grounds that if he opens it won't be profitable for the local hospitals to do that surgery any more. I wish I was kidding.

    16. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      Why the fuck do people have this fetish about feeling like they should have a say in what another human being "deserves". Fuck that self-centered viewpoint.

      Once you start worrying about who deserves what you've already started down the wrong path.

      Swing the gates open! Let the rapists, murderers, and pedophiles go free! Justice is a sham. Once you start worrying about who deserves what you've already started down the wrong path. /s

      Just because you, like many, believe everyone ought to have access to healthcare does not mean "deserving" is a null concept. The point of universal healthcare is that everyone deserves it. Judgement is what makes decency exist. Judgement is just another way of saying "Who deserves what?"

    17. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      If your stubbed toe example is the best argument you can put up, then I fully support universal health care, especially mental health care.

      Sheesh, pretty soon you'll be performing triage at car accidents based upon the car a person drives instead of the injuries sustained.

    18. Re:Yes, vets deserve great healthcare by Ogive17 · · Score: 1

      Really, you turn that into jealousy.. a silly statement? Maybe if you go read the GP's post, you'll understand why I opened my post that way. I'm happy with my life. Everyone would like more money but my family has a very high quality of life and I'm not going to complain about that.

      Now, since you completely ignored the entire point of my post, I will say it again. It is better for society, in general, if everyone has affordable access to basic health care. Preventative costs are lower than reactive costs.. and that is hold true for just about everything in life. People do not need to deserve the opportunity to see a doctor, it should just be available.

      Next time read through everything before you feel like ranting. The child of a poor farmer should be able to get the same basic health care as a child of a millionaire.. that's my point.

      --
      "Action without philosophy is a lethal weapon; philosophy without action is worthless."
    19. Re:Yes, vets deserve great healthcare by thebullshitpatrol · · Score: 1

      you realize you can spin this for every government service, right?

      "if you didn't explicitly engage in a contract to receive something in exchange for something of yours, you don't deserve it"

      this argument doesn't work because we, like any modern society, afford people the guarantee of certain things without directly paying for them, like primary education and emergency services. clearly these things were all instated during a period when americans didn't all have it in their heads that their entire life is cowboys and indians.

      you have to actually prove why someone's right to live is superseded by some pipe dream that everyone gets exactly what they deserve. giving inane examples of low-priority patients who would 100% be on a waiting list in any other country is irrelevant.

      the wild west pipe dream won't work unless healthcare and education are 100% privatized and transparent with no risk-distribution system whatsoever. the second made-up numbers get involved is the second it's no longer a free and rational market.

    20. Re:Yes, vets deserve great healthcare by Areyoukiddingme · · Score: 1

      As a small example, last night on the local news there was a story about someone trying to open a discount surgical clinic, his permit has been denied by the state at least 4 times, at least partially on grounds that if he opens it won't be profitable for the local hospitals to do that surgery any more. I wish I was kidding.

      That's despicable. Where do you live? Name and shame these slimy motherfuckers that would ever make such a decision.

    21. Re:Yes, vets deserve great healthcare by fustakrakich · · Score: 1

      What did you do to earn the services of a podiatrist to look at your stubbed toe?

      We pay taxes, and we are entitled to have some of that tax money go to proper health care, disability, social security ,etc, along with all the other necessary infrastructure our great prosperous economy can trivially afford. All arguments to the contrary are simply motivated by tribal politics without scientific basis.

      --
      “He’s not deformed, he’s just drunk!”
    22. Re:Yes, vets deserve great healthcare by thegarbz · · Score: 1

      Why would it follow that everyone else deserves something merely for existing?

      They don't. People in general don't deserve healthcare. It's just a sane thing to do to ensure that your population is able and capable and not hamstrung by a system that ensures only the rich have a right to health.

      The question isn't if "normal" people deserve the same thing as "vets". The question is: why the fuck would you have a system which promotes disabling members of society which otherwise could be productive.

      This is the same as sick leave. It's not that people deserve rest when sick, it's that sick people should be isolated and not spread sickness to the rest of the staff. Sick leave is a company insurance policy and not something that people deserve. Likewise healthcare is a country insurance policy against creating worthless members of society.

    23. Re:Yes, vets deserve great healthcare by thegarbz · · Score: 1

      Even forgetting about the expense, countries don't provide healthcare to make it cheaper for citizens, they don't do it as marketing, they do it because a healthy and able bodied person is able to contribute to GDP, whereas someone who has been crippled due to lack of healthcare just ends up a burden on the welfare system. It is in the nation's best interest for its people to be healthy, not just the rich people sitting on their arses complaining they can't find able bodied workers.

    24. Re:Yes, vets deserve great healthcare by nmr_andrew · · Score: 1

      I might use stronger language than merely despicable. But apparently the law to get a permit in Iowa allows any local "competitors" to challenge your application on just about any grounds. The story is almost certainly up on kcrg.com (local ABC affiliate) and/or thegazette.com (their partner newspaper).

    25. Re:Yes, vets deserve great healthcare by houghi · · Score: 1

      So in short : "Service guarantees Citiwenship.".

      --
      Don't fight for your country, if your country does not fight for you.
    26. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      Forget about "deserve" or "earn". All empirical evidence shows that it is less expensive per capita to provide universal single payer healthcare.

      Per-capita is meaningless - people in different countries have very different pay scales, and cost of living. For a meaningful comparison, you have to choose a different normalization - otherwise people assume you are an incompetent thinker, or lying with statistics. Currently, the best way is to look at costs as a percentage of GDP.

      Holland and Switzerland do not have single payer, France does.

      As a percentage of GDP, the Dutch pay the least for their health care of those three countries, the Swiss the most, the French are in the middle.

      They're all around 10-11% of GDP.

      The USA, in comparison, pays 17% of GDP on health care.

      The USA system is badly corrupt. US doctors make 30% more then their Swiss counterparts (despite the higher average cost of living in Switzerland). But the doctors are not the biggest problem. The US health care companies are run by sociopaths - and an unethical legal profession tacks in quite a bit of overhead as well (through a bunch of different mechanisms, both direct and indirect).

      In the Swiss system, as I understand things, the public gets to vote on major matters involving health care. This is a big part of the reason why it's a lot less expensive than the US system - the health insurance companies are heavily regulated, and there is no small group of politicians that can be bribed.

      I don't know much about the Dutch system, so I can't say how they manage to do so well.

      So, no, there isn't any empirical evidence that single payer is better - it's just one of several reasonable options. What is clear is the US system is terrible - the inevitable result of bribery, corruption, and unethical practice of law - and health care reform is long overdue. Adam Smith noted in his "Wealth of Nations" that (what we call today) capitalism requires effective and competent regulation to be of benefit to the public - and the USA doesn't have that for health care (or for the practice of law).

    27. Re:Yes, vets deserve great healthcare by Anonymous Coward · · Score: 0

      The California legislature's recently proposed foray into single payer will cost more than the entire state budget, with no funding mechanism built in to the bill, as companies leave in droves and California dumps millions of gallons of water into the ocean, after years of complaining about the drought. If they spend more than they bring, that means the extra money comes from your pocket.

  4. Where they agree... by RobinH · · Score: 4, Insightful

    Where Tim and Donald agree is that neither of them or their companies should have to pay US tax.

    --
    "I have never let my schooling interfere with my education." - Mark Twain
    1. Re:Where they agree... by MangoCats · · Score: 4, Funny

      Their employees pay income tax, their customers pay sales tax, how many taxes can they stand? It's all too much, too much, the cuts and breaks have to start somewhere - why not start with the small number of rich and mega-corporations, get them off of this crazy tax merry-go-round and let them breathe, why don't we? Somebody needs some relief, and if we gave real relief to the masses it would sink the whole balance sheet. Think of the great things that the ultra-wealthy and giant corporations can do with real tax relief. Give real tax relief to Joe six-pack, and he'll just go buy a case - where's the greatness in that?

    2. Re:Where they agree... by fred6666 · · Score: 2, Insightful

      Their employees pay income tax, their customers pay sales tax, how many taxes can they stand?

      How about as much as democratically decided by the people?

    3. Re:Where they agree... by Anonymous Coward · · Score: 0

      Won't somebody think about the ultra-rich??

      boohoo

      Imagine what they could do with more money. Oh I'm sure it will trickle down.

    4. Re:Where they agree... by LynnwoodRooster · · Score: 2, Informative

      They do. What law - the written manifest of what is democratically decided by the people - is either entity breaking? Too many forget what Judge Learned Hand wrote in the 1934 case of Helvoring v. Gregory:

      Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes.

      I assume you take every tax deduction and break that you are legally entitled to, why shouldn't anyone else?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    5. Re:Where they agree... by c · · Score: 2

      Their employees pay income tax, their customers pay sales tax, how many taxes can they stand?

      I'd expect they should pay, at least at local levels, the same sort of tax rate as businesses who can't afford to play a multi-national shell game to avoid taxes.

      What that actual number would be is a complicated problem, but it's not unreasonable to assume that it's a lot higher than what they currently pay.

      --
      Log in or piss off.
    6. Re:Where they agree... by DontBeAMoran · · Score: 2

      Give real tax relief to Joe six-pack, and he'll just go buy a case - where's the greatness in that?

      He might become Joe twelve-pack like he used to be decades ago, showing the rest of the world that America can be great again.

      --
      #DeleteFacebook
    7. Re:Where they agree... by Cajun+Hell · · Score: 1

      How about as much as democratically decided by the people?

      Sounds like you have your wish (status quo), then. Congratulations!

      --
      "Believe me!" -- Donald Trump
    8. Re:Where they agree... by lactose99 · · Score: 0

      Which is you we get rid of the loopholes and return tax structures to their pre-Reagan rates. The country was doing very well then, it will continue to do so.

      --
      Fully licensed blockchain psychiatrist
    9. Re:Where they agree... by vux984 · · Score: 5, Insightful

      I assume you take every tax deduction and break that you are legally entitled to, why shouldn't anyone else?

      Framing it like this suggests that the wealthiest people and corporations 'avoiding' taxes are just following the law, like anyone else.

      But its not like anyone else, these are the people who first re-wrote the law, who then lobbied government to pass the law, and then who contribute handsomely to elected officials to ensure the law stays put.

      Don't compare what Apple does to what I do. Its not in the same league.

    10. Re:Where they agree... by TheCastro1689 · · Score: 1

      But Judge Hand ruled against the taxpayer, so did the supreme court.

    11. Re:Where they agree... by deadwill69 · · Score: 1

      ' Think of the great things that the ultra-wealthy and giant corporations can do with real tax relief. Give real tax relief to Joe six-pack, and he'll just go buy a case - where's the greatness in that?'

      And they will do the same thing they are doing now: saving it for a rainy day, buying back stock, dividends (maybe) acquisitions. None of these puts money into the economy. At best, they put a few extra dollars in another rich persons savings account.

      Give tax relief to Joe six-pack and he will go buy another case. That puts the money back into the economy. Beer guy delivers more beer. Brewery brews more beer. Rich guys only need so many yachts.

    12. Re:Where they agree... by imgod2u · · Score: 1

      That's not an Apple (or any other company) problem. That's a Congress problem.

    13. Re:Where they agree... by LynnwoodRooster · · Score: 1

      They are following the law. Just like everyone else. If you are a legally incorporated entity (sole prop) you can deduct your health insurance, you can deduct travel expenses, you can deduct R&D expenditures. Just like IBM or Apple. You can shelter income in overseas owned subsidiaries. You can do all the same - just at a scale of 1 person, rather than 100,000.

      So, do you take full advantage of the tax law?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    14. Re:Where they agree... by LynnwoodRooster · · Score: 1

      Yes, because the statement about the demand to pay more than what is legally required wasn't central to the case. However, there was no dispute that a person needs to pay more than what is required - none at all.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    15. Re:Where they agree... by Ogive17 · · Score: 1

      Loopholes are "legal" so I'm not going to argue that point. There are far more loopholes available to those who have significant income.

      Of course I take every tax deduction available and somehow I still seem to pay more tax than these large corporations :).

      Doing something that is legal does not necessarily make it the right thing to do. If exploiting a loophole obviously bypasses the spirit of the law, it's something we should address and fix. Civilized living cannot exist with excessive greed, everyone must understand their is a need to contribute to the "greater good".

      I don't have a good solution for the issue. Maybe tie the tax rate to the pay ratio of executive salaries to average worker salaries.. if your CEO makes 50x more than the average employee.. you pay more taxes. I just think if you lower corporate taxes, you need to make sure the money just isn't funneled directly to the top. Income inequality continues to worsen.

      --
      "Action without philosophy is a lethal weapon; philosophy without action is worthless."
    16. Re:Where they agree... by maiden_taiwan · · Score: 4, Insightful

      That's a great philosophy if tax laws came from, say, God. But in reality, tax laws are strongly influenced by wealthy corporations to their advantage. You and I, the average individual, have virtually no chance of influencing a single tax law. So the breaks that we are "entitled to" are thrust on us, whereas corporations write their own breaks. Still think it's fair?

    17. Re:Where they agree... by I'm+New+Around+Here · · Score: 1

      Are you claiming that the country was doing really well when Reagan got elected?

      Know we know you are either clueless or simply repeating lies your professors told you.

      Read this article, http://www.shmoop.com/reagan-e... , and see what you can refute.

      --
      If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
    18. Re:Where they agree... by vux984 · · Score: 1

      They are following the law. Just like everyone else.

      They are following the law they had put in place to suit themselves. This is completely unlike everyone else, who has the law imposed upon them.

      If you are a legally incorporated entity (sole prop) you can deduct your health insurance, you can deduct travel expenses, you can deduct R&D expenditures. Just like IBM or Apple. You can shelter income in overseas owned subsidiaries. You can do all the same - just at a scale of 1 person, rather than 100,000.

      The average person gains no benefit from this / cannot do this.

      First, the average employer hires people, not corporations. If you are employed in a regular job, then incorporating isn't going to get you squat.

      Second, it costs thousands per year to incorporate, prepare corporate tax returns, then preprare corporate tax returns of the overseas subsidiaries etc. If you make 150,000 per year, you still probably won't break even. If you make 75,000 per year you definitely will lose money on the accounting overhead.

      Third, corporations don't need anything to live. People do. A corporation doesn't need to eat, or shelter... it can live in a PO box in Delaware for tax reasons... and thousands of corporations do. I can't.

      You can do all the same - just at a scale of 1 person, rather than 100,000.

      It doesn't scale. At a scale of 1 person the overhead exceeds the benefit. That's why your neighbor working as a regional sales manager for Verizon isn't licensing the use of his own name from a subsidiary in Ireland to reduce his tax bill. It doesn't work.

      So, do you take full advantage of the tax law?

      I didn't write the tax law to suit me. It's not a valid comparison.

    19. Re:Where they agree... by thegarbz · · Score: 1

      They are following the law. Just like everyone else.

      They are writing the law. There's a difference.

      So, do you take full advantage of the tax law?

      I take full advantage of the tax law. Apple and the other rich class take full advantage of their ties to the government.

    20. Re:Where they agree... by TheCastro1689 · · Score: 1

      Except the person, a lady, had to pay 10 grand because she found a loophole the IRS didn't like. "Intention of the law" even though they'll hammer you with "the letter of the law" when that's more convenient.

    21. Re:Where they agree... by houghi · · Score: 1

      Many think it is fair, because they think the rules are the same. (Not saying they are right)
      What they fail to see is that the rules are NOT the same.

      You could see it as if the rules say "You need to pay 30% tax(*)" and they say that rules are the same. They do not see that the (*) says "Unless you have red hair. Then you pay 0%"
      It makes it as if those soulless red heads are just lucky.

      It would be easier for people to understand if the rules where reveresed..
      You pay 0%, unless you do not have red hair.

      --
      Don't fight for your country, if your country does not fight for you.
    22. Re:Where they agree... by Anonymous Coward · · Score: 0

      Their employees pay income tax, their customers pay sales tax, how many taxes can they stand?

      I'd expect they should pay, at least at local levels, the same sort of tax rate as businesses who can't afford to play a multi-national shell game to avoid taxes.

      What that actual number would be is a complicated problem, but it's not unreasonable to assume that it's a lot higher than what they currently pay.

      False. You have made an unreasonable assumption. Economic history shows this clearly - let's learn from the mistakes of the past instead of repeating them. You can put high tax numbers on the books - but you'll never get those rates, or you'll have other undesirable and probably unanticipated consequences which will end up costing you more than you gained.

      There is no free lunch. Economic policies to the contrary will not have a happy outcome, such as the loss of net government tax income, jobs, industries, increases in black markets, and so forth. You can not expect to just pay for the social programs you want by taking money from somebody else without consequences.

      Mellon, in the US, during the 1920's demonstrated this: lowering taxes actually brought in a lot more money. FDR demonstrated the opposite, and kept the Great Depression from ending for many years after other countries had recovered. The US went from having the lowest unemployment in the world in the 20's, to not even being in the top 10 in the 30's. Britain, after WW2, demonstrated this - raising taxes too high to fund social programs, then experiencing many years of depression - with many businesses and the wealthy fleeing the country, taking all future tax incomes with them. There are many, many other examples in economic history.

      Even when rates on paper were high, in practice almost nobody paid the official rates during periods of strong economic health, a point that people often miss about the 1950's.

      The best solution is the opposite solution to what you propose: there shouldn't be any income taxes on business. Tax real human beings, not imaginary entities. Businesses have a lot more extra cash to spend than most people - plus they bring in population and jobs - so collectively they have enormous ability to manipulate the government and legal system - plus they need to have legal staffs and accountants anyway so they have the skills needed to manipulate the system already on staff - best not to force them to do it. The wealthy actually have far less influence and capability than the collective business community.

      In any event, many of the big local businesses aren't paying much in the way of local taxes - which is another problem with your scheme. Often they get many years of tax-exempt status to move into an area, then they can just move somewhere else (politicians support this because it brings in jobs in the short term, which gets them re-elected).

      Get rid of taxes on business, and replace them with a simple progressive income tax on individuals, but treat money leaving the jurisdiction as income and tax it, and also tax income on IP leaving the jurisdiction for a period of time (perhaps 20 years) as if it were income (thus closing the Irish door). Correct investments for inflation, then tax them under the same progressive rates (perhaps with an exception for the home, otherwise the system would be massively unpopular).

      The net effect will be that you'll get a reasonable amount of taxes from the upper class (because the system is truly progressive, not just pretending to be), and since you won't be hitting the business it means you aren't hitting the ordinary folks working for the business. You won't have situations like Buffet paying less taxes than his secretary. It also means that businesses will flourish - not just from the reduced taxes, but from the reduced overhead - that means society as a whole will be better off - more money spent locally, more jobs, and so forth. This is how golden ages - such as parts of t

    23. Re:Where they agree... by LynnwoodRooster · · Score: 1

      It was actually doing even better when Ike was in the Oval Office. That was the last time we ran an actual surplus (meaning tax receipts were higher than outlays - we had a surplus of cash and paid down the debt), and - if you adjust for inflation - the Federal Government's receipts from income taxes was HALF per capita what it is today... Imagine that, an actual surplus of cash AND half the tax load!

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    24. Re:Where they agree... by LynnwoodRooster · · Score: 1

      So - what tax advantage does Apple have that is not available to the typical person?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    25. Re:Where they agree... by martinfb · · Score: 1

      Seems to me that "trickle down" tax structure has failed EVERY attempt.
      Stockholder get those rewards.Corporations abuse the extra profits.

      Don't take my word for it. Have a good, hard look at the last 20-30 years of the economy.

      --


      Self-importance and self-indulgence is the root of ALL evil.
  5. Tim describing what pissing in the wind feels like by JoeyRox · · Score: 0

    It feels cold and damp.

  6. you have basic healthcare out of market not covere by Joe_Dragon · · Score: 1

    you have basic healthcare out of market not covered.

    The vets should be in market all over the usa under the VA even at non VA places.

  7. Leaker! by SlashDread · · Score: 3, Funny

    Totally illegal(?)

  8. Elites responsible ... what a crock by Anonymous Coward · · Score: 1

    Mr. Cook, with all due respect, how can you claim to be remotely "responsible" while your lifestyle, and the lifestyles of those like you, is destroying our society and our environment. How many are suffering because of your greed and selfishness?

    All I see is corruption and self-service from our "leaders".

    1. Re:Elites responsible ... what a crock by XXongo · · Score: 3, Insightful

      Mr. Cook, with all due respect, how can you claim to be remotely "responsible" while your lifestyle, and the lifestyles of those like you, is destroying our society and our environment.

      I'm curious as to what you know about Cook's "lifestyle". I will venture the guess "absolutely nothing whatsoever."

    2. Re:Elites responsible ... what a crock by will_die · · Score: 0

      According to environmental scientists if you are using electricity and not living or at least pushing for their "agrarian utopia" you are destroying society and our environment. Cook lives in a multi-million dollar abode so hard to claim, by their standards, that he is living a responsible lifestyle.

    3. Re:Elites responsible ... what a crock by lactose99 · · Score: 1

      He also builds facilities that are carbon neutral and is pushing strongly for environmental responsibility.

      What have you done?

      --
      Fully licensed blockchain psychiatrist
    4. Re:Elites responsible ... what a crock by Anonymous Coward · · Score: 0

      Mr. Cook, with all due respect, how can you claim to be remotely "responsible" while your lifestyle, and the lifestyles of those like you, is destroying our society and our environment.

      I'm curious as to what you know about Cook's "lifestyle". I will venture the guess "absolutely nothing whatsoever."

      and you'd guess wrong, see http://www.success.com/article/a-peek-into-the-life-of-tim-cook-the-most-private-ceo-ever

      classic https://en.wikipedia.org/wiki/Ad_hominem trolling, well done

    5. Re:Elites responsible ... what a crock by will_die · · Score: 1

      Thinking carbon neutral is useful is a fallacy. It does not accomplish anything useful if you believe that the climate change is a fact.

    6. Re:Elites responsible ... what a crock by Anonymous Coward · · Score: 0

      He also builds facilities that are carbon neutral and is pushing strongly for environmental responsibility.

      What have you done?

      I, and others, have paid for it all from honest wages through honest efforts at an honest job.

      Oh, and btw, I don't massively over-burden the planet and society because of my excessive greed.

  9. Tim Cook is full of shit. by Anonymous Coward · · Score: 1

    Apple:
    1) manufactures its devices overseas
    2) avoids paying taxes on its earnings (seemingly to the greatest extent possible) despite being one of the richest companies in the world
    3) creates devices full of solder and glue that are virtually unrepairable and which cannot be upgraded

    Tim Cook:
    1) needs to focus on making COMPUTERS, rather than pushing his hypocritical social and political agenda.

    Apple had Michelle Obama at WWDC for fucksake.

    Tim: MAKE COMPUTERS AND SHUT UP

  10. "I could give a crap about the politics of it" by Anonymous Coward · · Score: 5, Insightful

    Meetings with Tim must be fun when he says the opposite of what he actually means. You'd hope that a CEO or one of the world's largest companies would at least have a grasp of basic English.

    1. Re:"I could give a crap about the politics of it" by Anonymous Coward · · Score: 0

      It's an obvious extension of the same pattern as "I could care less". Every native speaker of English understands this idiom.
      You don't like it? OK, but don't pretend you don't understand it.
      Your complaint is as silly as calling someone a liar for saying he laughed his head off.

    2. Re:"I could give a crap about the politics of it" by Anonymous Coward · · Score: 0

      You'd hope that a CEO or one of the world's largest companies would at least have a grasp of basic English.

      lulz

  11. Liberal card revoked ... by drnb · · Score: 0, Flamebait

    Someone is going to get their liberal card revoked. Any sort of agreement or cooperation with Trump is not allowed, even in a rare instance where he might be correct about something, cause, you know, ... uhhh ... well ... we didn't get our way in '16 and we won't stand for that?

  12. Create jobs? You start first Apple by sjbe · · Score: 5, Insightful

    Apple has FAR greater ability to create jobs than the federal government does as a general proposition. Apple is sitting on a gigantic war chest of money. If Tim Cook really gave a shit about creating jobs he could spend some of that Scrooge McDuck pile of money on something. Saying he supports Trump on job creation is a bunch of bullshit unless he is actually directing his company to do everything it can to create jobs. He hasn't done this so he's lying about that.

    The only reason for Apple to sit on a pile of cash that large is because they cannot figure out something productive to do with the money. So they should either return it to shareholders or find some way to put it to productive use.

    Veterans Affairs has struggled in providing health care to veterans. We have an expertise in some of the things at the base level that they're struggling with. So we're going to work with them. I could give a crap about the politics of it. I want to help veterans. My dad's a veteran. My brother served. We have so many military folks in Apple. These folks deserve great health care. So we're going to keep helping.

    The VA needs help to be sure but how about solving the bigger problem? EVERYONE needs health care, not just veterans. EVERYONE needs health insurance, not just veterans. IT in medicine sucks terribly for the most part. Apple has done nothing to tackle this problem. That would be a great place to invest some of those billions they have on their balance sheet. Buy some medical records companies and get busy. Do something rather than talking to Trump which is probably a waste of time.

  13. Tim Cook ain't no Steve Jobs by I75BJC · · Score: 2, Insightful

    When the leadership of any corporation has more concern for politics, political issues than its people, products and investors, that leadership has lost its way. Steve Jobs was approached by a large charity (possibly United Way) who wanted Apple to support the charity directly. Reportedly, Steve Jobs told the charity that he paid his people well and if the charity wanted to directly ask his employees for support, to go ahead but that Apple, as a corporation, would not. Jobs did not dilute the energy, activities, and resources of Apple to support the charity. He believed it was a "personal" issue and seemed happy for Apple employees to support whatever charities that they, individually, wanted to support. Tim Cook, on the other had, likes to throw Apple into every one of his pet projects. I am not make comment on the value of his "causes" (I agree with many of them) but his short-sighted business strategy. At this time, Apple needs to "buck up" and come out with Jobesque style renovations and revolutionary products. Tim Cook has led Apple into no such products. Even the driverless, electric car is years away and, probably, with today's technology unreachable for Apple. Flouting a non-existent product is a poor business strategy.

    1. Re:Tim Cook ain't no Steve Jobs by Anonymous Coward · · Score: 0

      Cough 'product RED' Cough.

      Steve only did things when it was what Steve wanted to do.

    2. Re:Tim Cook ain't no Steve Jobs by __aaclcg7560 · · Score: 1

      You're overlooking the fact that Steve Jobs did not want future Apple leaders to become Steve Jobs as there can only be one Steve Jobs. If Apple is going to have a future, it can't be shackled to what the founders did in the past. Tim Cook is not going to be Steve Jobs. That's mentioned in Steve Jobs by Walter Isaacson.

    3. Re:Tim Cook ain't no Steve Jobs by Anonymous Coward · · Score: 0

      Amazon affiliate spam. Do not feed fatty.

    4. Re:Tim Cook ain't no Steve Jobs by imgod2u · · Score: 1

      At the scale that Apple is at now, one could argue that his "pet projects" are better PR than all of the 1984 ads Jobs ever came up with.

      But you are right that they haven't really come up with anything revolutionary for a long time. I doubt that that's because of these "pet projects" though. Apple has enough resources to throw at just about anything now.

    5. Re: Tim Cook ain't no Steve Jobs by Anonymous Coward · · Score: 0

      You can get the Isaacson 'Steve Jobs' book on the clearance shelf at Half-Price Books for $3 right now. Don't go to the Creimer link.

  14. Worthy sentiment by XXongo · · Score: 3, Insightful
    Although the article here seems tailor made to bring out both the political flames as well as the Apple-bashing flames, I would like to say that I admire this attitude.

    I wish there were more people with the attitude that they want to do what they can to fix what problems they can, and that far too many people do instead say, "If you don't do what I want, I leave."

    I'm sorry you don't like Cook as a person, or Apple as a company. Nevertheless, this is a worthy sentiment that is worth emulating.

    1. Re:Worthy sentiment by Anonymous Coward · · Score: 0

      It may be a worth sentiment, but it's something Apple has never done and continues not to do. Apple is the perfect embodiment of "if you don't do what I want, I leave."

    2. Re:Worthy sentiment by Lab+Rat+Jason · · Score: 1

      The danger here is that his presence on a council could be interpreted as tacit approval of what is happening. I believe this is the reason Elon Musk left the council. He started out saying he was accepting a seat on the council because it was better to be involved and have influence than to let the president surround himself with yes-men and crooks. But at the end of the day I believe Elon saw that his presence there served only to legitimize Trump's actions, so he left. Why exactly is Tim Cook still there?

      --
      Which has more power: the hammer, or the anvil?
    3. Re:Worthy sentiment by Anonymous Coward · · Score: 0

      Although the article here seems tailor made to bring out both the political flames as well as the Apple-bashing flames, I would like to say that I admire this attitude.

      I wish there were more people with the attitude that they want to do what they can to fix what problems they can, and that far too many people do instead say, "If you don't do what I want, I leave."

      I'm sorry you don't like Cook as a person, or Apple as a company. Nevertheless, this is a worthy sentiment that is worth emulating.

      It's not though, it's pure hypocrisy ... his actions are simply taking money from veterans, all other Americans and people in general. His lavish lifestyle is squandering the capital that the people need to prosper. The unfair distribution of earnings is corrupting and destroying our global economy and Apple's factories are polluting our planet. His influence, and those like him, is corrupting the nation's governments.

      When people see this, it's completely demoralizing.

    4. Re:Worthy sentiment by beelsebob · · Score: 1

      He's not on the council.

    5. Re:Worthy sentiment by XXongo · · Score: 1

      The danger here is that his presence on a council could be interpreted as tacit approval of what is happening. I believe this is the reason Elon Musk left the council. He started out saying he was accepting a seat on the council because it was better to be involved and have influence than to let the president surround himself with yes-men and crooks. But at the end of the day I believe Elon saw that his presence there served only to legitimize Trump's actions, so he left. Why exactly is Tim Cook still there?

      For exactly the reason you just stated: "because it was better to be involved and have influence than to let the president surround himself with yes-men and crooks."

    6. Re:Worthy sentiment by Lab+Rat+Jason · · Score: 1

      But eventually voicing your opinion and being ignored, but also being a showpiece associate of the president eventually makes you a yes-man, regardless of the words coming out of your mouth.

      --
      Which has more power: the hammer, or the anvil?
    7. Re:Worthy sentiment by jellomizer · · Score: 1

      This is a problem that neither side really wants to fix.
      If we follow the Left Route. We raise taxes on the companies, being that the companies are paying more for these services, they will have leverage, where they can go to the leaders and say. Do what we want or else we move out, and you will loose out on the tax revenue.

      If we follow the Right Route. These companies who hires a lot of people who lives locally, will leverage the government for them to pay less taxes or they will move to the next state/country that will offer them those lower rates. Causing there workforce to lower in salary or be forced to move.

      So the Left will bend over backwards and spend a lot of tax payer money to build infrastructure just for the company to keep them there.
      The right will bend over with not taxing a huge source of income which could be used to help so may problems. But just to keep the people in the area.

      --
      If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    8. Re:Worthy sentiment by Doogie5526 · · Score: 1

      It's easier for him to not walk away because he's not on any of those committees--it's on his terms. If you're just going to be ignored, you're (in many cases a rich and busy person) wasting time that could be better spent elsewhere. Even Cook says he's focusing on what would be mutually beneficial. I don't blame someone from walking away if they feel like they're being exploited but never listened to. There were some great photo ops for these special meetings and councils. These people are associating with the administration in the hopes of making a change.

    9. Re:Worthy sentiment by Anonymous Coward · · Score: 0

      And he never has been.

  15. Excuse me... by capt_peachfuzz · · Score: 1

    But isn't this like an 1850's plantation owner saying that they have "expertise" in employee benefits and labor management?

    "Differing opinions" my ass...

  16. Globalists care about America now? by Anonymous Coward · · Score: 0

    But I care deeply about America. I want America to do well.

    This makes zero sense. Globalists like Cook don't believe in nations, don't believe in borders, and think that "America" as a concept is a fable and about as valid as a children's story like Santa Claus. Full grown adults who believe in America should be taken about as seriously as full grown adults who still believe in the Easter Bunny. So his words don't agree with his positions. Paris accord? That was an awful, awful deal for America. Immigration? We're all full on no-skill, illiterate people from backwards cultures right now. We don't need any more, and in fact it's harmful to America. Our own people are suffering and the globalist cure isn't healing, it's euthanasia.

    1. Re:Globalists care about America now? by Anonymous Coward · · Score: 1

      We're all full on no-skill, illiterate people from backwards cultures right now. We don't need any more, and in fact it's harmful to America.

      I know, stop those Irish people from coming! They'll take over the east coast!

      Our own people are suffering and the globalist cure isn't healing, it's euthanasia.

      And all the other tribal chiefs agree with me.

    2. Re: Globalists care about America now? by Anonymous Coward · · Score: 0

      If it wasn't for globalism the iPhone -- smartphones themselves wouldn't exist. The technology for the iPhone was developed by immigrants -- look who is on the key parents. Not to mention that Steve Jobs (biological) dad is Syrian so Apple itself won't exist.

    3. Re: Globalists care about America now? by Anonymous Coward · · Score: 0

      So? Was the world a worse place without the smartphone? We as a race lived for millennia without smartphones and had happy, fulfilled lives.

      These people would have instead contributed to the growth and development of their OWN countries, which badly need it. Instead what did they do? They deserted their own people in their hour of need and made a rich country even richer. Good move there, jerkwads.

  17. Re:you have basic healthcare out of market not cov by Anonymous Coward · · Score: 1

    A Military ID card should be accepted as insurance at any HMO in the US.

  18. Re:Create jobs? You start first Apple by Anonymous Coward · · Score: 0

    That's not his money to use on his ideals. It belongs to Apple shareholders, and is to be used or distributed to benefit them. If he can show how he can turn a good profit with low risk, he can make as many jobs with that money as his ideas will support.

    Companies are rightly terrified of hiring workers for ideas that don't work out, voters and big government have made sure that it's insanely expensive to employ anyone and even more expensive to fire them.

  19. hubris by ooloorie · · Score: 1

    I feel a great responsibility as an American, as a CEO, to try to influence things in areas where we have a level of expertise. I've pushed hard on immigration. I've pushed on climate.

    And what experience does Tim Cook have on these issues? He is a businessman billionaire who is simply parroting what people tell him; he has no first-hand experience with the effects of illegal immigration, and he has no background in science and likely couldn't explain climate models if his life depended on it.

    Cook is a decision maker in his company. But in government, the roles are that Trump is the decision maker and Cook is the expert adviser. It's Cook's duty to stick to those areas that he is an expert in, namely the business of running a high tech company. On all other areas, he should keep his inner Dunning-Kruger in check.

  20. Re:you have basic healthcare out of market not cov by Anonymous Coward · · Score: 0

    A Military ID card should be accepted as insurance at any HMO in the US.

    What does that sentence even mean? What does accepting insurance mean, and why the fuck would HMOs (a stupid type of insurance) be involved in other types of insurance? And how would Military IDs somehow mitigate or spread risk?

    You said nonsense. You're not even wrong, because you didn't make a coherent statement.

  21. Re:Create jobs? You start first Apple by bobbied · · Score: 1

    A need does not create a right. People need health care, but it is NOT government's job to give everybody what they need.

    If you need to eat, you go obtain food...

    You need money to buy food, you go to work...

    You need a job, you go out and find one...

    See how this works?

    Don't get me wrong, I'm all for helping those who are unable to help themselves, the disabled, the elderly and such and I support government and private programs that do this, but government should not give to those who could and should be helping themselves because it does more harm than good.

    --
    "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
  22. His area of expertise? by Shotgun · · Score: 1

    How can Tim Cook claim expertise in either climate change or immigration? He is the business leader of a large corporation. I don't see how that translates to being an expert on either climate or immigration.

    --
    Aah, change is good. -- Rafiki
    Yeah, but it ain't easy. -- Simba
    1. Re:His area of expertise? by Anonymous Coward · · Score: 0

      You don't need to be an expert in everything, provided that you surround yourself with with sufficiently well-informed individuals and have the ability to aggregate their responses to arrive at a decision. Alternatively, you need the ability to sift through a deluge of content to the same end.

      I'm certainly not a climate scientist. However, I am a statistician. I have my doctorate in that field. I can read through papers on climate science, do my own background survey, and determine if there are any flaws in the methodologies or treatments of the data. I can create my own models, if necessary. I don't need to be an expert to do this. All I need are some rudimentary research capabilities so that I can learn what I currently do not know. Having access to subject-matter experts wouldn't hurt, either.

    2. Re:His area of expertise? by ooloorie · · Score: 2

      You don't need to be an expert in everything, provided that you surround yourself with with sufficiently well-informed individuals and have the ability to aggregate their responses to arrive at a decision. Alternatively, you need the ability to sift through a deluge of content to the same end.

      And that's why Trump asked Cook to give him advice: on the subjects that Cook is actually an expert on, which is large tech companies and the tech sector.

      Cook has no expertise in climate change or immigration, nor is he surrounded by well-informed individuals on those subjects, nor does he spend his time aggregating information on those subjects. Cook is therefore unqualified in those areas both as an expert or as an aggregator of expert opinion.

    3. Re:His area of expertise? by Anonymous Coward · · Score: 0

      You intentionally phrased it this way so you'd get an FTFY, right? Here you go:

      Trump has no expertise in climate change or immigration, nor is he surrounded by well-informed individuals on those subjects, nor does he spend his time aggregating information on those subjects. Trump is therefore unqualified in those areas both as an expert or as an aggregator of expert opinion.

    4. Re: His area of expertise? by ooloorie · · Score: 1

      "nor is [Trump] surrounded by well-informed individuals on those subjects, nor does he spend his time aggregating information on those subjects"

      That's your opinion, not a fact.

      Furthermore, Trump is president, Cook is not. That means it is Trump's job to decide whether to spend time on the issues and who to consult.

  23. Sentiment is worthless. Action matters. by sjbe · · Score: 5, Informative

    Although the article here seems tailor made to bring out both the political flames as well as the Apple-bashing flames, I would like to say that I admire this attitude.

    Talk is cheap. I judge a man by his actions. Tim Cook talks a good game about caring about the country but he does everything in his power to have his company avoid paying taxes to support it. Apple has billions in cash on their balance sheet which could be invested in ways that would create jobs. Instead they simply sit like Smaug on their pile of gold and do nothing that would create jobs or drive the economy forward. Apple has outsourced nearly all of their manufacturing to China, even stuff that might not actually have to be outsourced. Tim Cook I'm sure has many wonderful qualities but on the stuff he's talking about here he is nothing but a do-nothing hypocrite. Few companies are as well resourced to help change the world as Apple but sadly Apple and Cook are doing little with that opportunity.

    I wish there were more people with the attitude that they want to do what they can to fix what problems they can, and that far too many people do instead say, "If you don't do what I want, I leave."

    So do I. What's more I think rich powerful men like Tim Cook should be leading the charge instead of hoping others do it for them. Elon Musk is a FAR better example of someone trying to actually improve the world than Tim Cook is.

  24. What if anything do you know. by XXongo · · Score: 4, Funny

    According to environmental scientists if you are using electricity and not living or at least pushing for their "agrarian utopia" you are destroying society and our environment.

    Bullshit. Citation needed.

    Which "scientists" are you purportedly quoting here?

    Cook lives in a multi-million dollar abode so hard to claim, by their standards, that he is living a responsible lifestyle.

    In Silicon Valley "multi-million dollar abode" means a shack with running water.

    1. Re:What if anything do you know. by will_die · · Score: 1

      Such as Oxford Martin School or read the work of Carol Smith from United Nations University and David Brubaker from John Hopkins.
      Once you understand what they are pushing you can go read the guardian, huffington post, or similar sites mention your thinking from above and be prepared to be considered one of the most evil persons in the world.

    2. Re:What if anything do you know. by Anonymous Coward · · Score: 0

      According to environmental scientists if you are using electricity and not living or at least pushing for their "agrarian utopia" you are destroying society and our environment.

      Bullshit. Citation needed.

      Which "scientists" are you purportedly quoting here?

      Cook lives in a multi-million dollar abode so hard to claim, by their standards, that he is living a responsible lifestyle.

      In Silicon Valley "multi-million dollar abode" means a shack with running water.

      let me rephrase that for you

      Cook lives in a multi-billion dollar abode ...

      there, it that better?

  25. Re:Create jobs? You start first Apple by drnb · · Score: 1

    Employment: They are investing in robots that disassemble old phones for recycling. That is a first step to robots that can assemble new phones. That can return factories to the US, increase jobs, increase tax revenues.

    Healthcare: Apple has a healthcare engineering group that assists healthcare providers find technical solutions.

  26. and when it comes time to unlock the next iphone?? by Joe_Dragon · · Score: 1

    and when it comes time to unlock the next iphone??

    Will they add an FBI mode that turns off the auto wipe and turns off the login timeout so they can try all pins?

    Let managed phones be unlocked with an admin login? that can be used even with an user set lock pin?

    Have an GOV only unlocking room at apple HQ that is only used under court order?

  27. More lies from the Hate Brigade by SuperKendall · · Score: 2, Interesting

    Where Tim and Donald agree is that neither of them or their companies should have to pay US tax.

    First of all, Apple paid over 8 billion dollars in taxes last year alone. How much did you pay? Apple does more to help the U.S. every year than generations of your family ever will.

    As for the overseas money, Apple has said repeatedly they want to repatriate the money they have overseas, they just can't see paying the rates the U.S. current changes to do so.

    Trump has said he wants to lower that rate dramatically so companies (not just Apple) can bring that trapped cash back to the U.S.

    So both of them are on the same page - they want to bring a lot of money back into the U.S. and pay reasonable taxes on it.

    It will happen in the next few years, so put down that hateraide and stop lying to yourself and others.

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
    1. Re:More lies from the Hate Brigade by Interfacer · · Score: 3, Interesting

      I also want to pay reasonable taxes.

      Unfortunately I am not rich so I cannot get a lawyer to weasel me out of that.

      So I pay full income taxes and social security as a (partially )self employed person. Apple otoh only pays a minute fraction , percentagewise, because they can affor said lawyers whose lawyer friend lobbyists created a horribly complex tax system to make that possible,

    2. Re:More lies from the Hate Brigade by RobinH · · Score: 1

      The last time they temporarily reduced the rate to repatriate offshore money, almost no companies took advantage of it.

      --
      "I have never let my schooling interfere with my education." - Mark Twain
    3. Re: More lies from the Hate Brigade by Anonymous Coward · · Score: 0

      That's why we need the FairTax so that foreign money can come back.

    4. Re:More lies from the Hate Brigade by alvinrod · · Score: 1

      I think the best idea would be to allow companies to repatriate as much as they want at 0% tax rate on the stipulation that the money be spent growing the company, whether that means domestic R&D development, building new manufacturing centers, or anything else that doesn't involve socking the money away in some investment vehicle.

      Any of that activity is going to result in additional jobs, be it research positions, construction work to build facilities, or eventually people who need to staff those facilities. They eventually get taxed based on their income and then buy things which generates sales tax, and unless they're buying all foreign goods that means more revenue for other businesses who pay tax, hire more employees, and so on. Uncle Squeeze still gets a piece of the pie eventually.

      With manufacturing trending towards robots, it doesn't really matter where you put them because their pay is the same no matter whether or not they're in the U.S. or China. It doesn't replace all of the jobs that were lost, but those were never coming back and are all slowly going the way of the buggy whip manufacturer anyways.

    5. Re:More lies from the Hate Brigade by MightyMartian · · Score: 0

      Nowadays that's going to mean more robots...

      --
      The world's burning. Moped Jesus spotted on I50. Details at 11.
    6. Re:More lies from the Hate Brigade by SuperKendall · · Score: 1

      Hey man, robots are people too #FreeTheRobots .

      --
      "There is more worth loving than we have strength to love." - Brian Jay Stanley
    7. Re:More lies from the Hate Brigade by imgod2u · · Score: 1

      There's already such stipulation. All money spent towards capital expenditure or R&D (or payroll) aren't subject to tax. That's true today and has been true for about as long as the corporate tax has existed.

      The only thing corporate tax actually taxes is profit left over that you haven't spent on business expenses (such as paying people, buying equipment, buildings, etc. etc.). And intend to either keep in a bank/security or distributing to shareholders.

    8. Re:More lies from the Hate Brigade by Anonymous Coward · · Score: 0

      Or, they took advantage of it to give their executives raises or buy back stock. What matters isn't whether the money moved, but that it didn't help the economy.

      If they really had something they wanted to do with the money, but couldn't because of the high tax rate, they could take out a loan in the US with ridiculously low interest rates using the foreign money as collateral.

      dom

    9. Re:More lies from the Hate Brigade by aaarrrgggh · · Score: 1

      Well, as a non- rich, self employed person, your extra 8% of self employment tax, along with other overhead and benefit costs need to come from your gross margin. If you don't charge more than 165% of your direct salary equivalent, being self-employed is stupid.

      As a self-employed individual, you are able to deduct other costs that would not likely be legal otherwise. It may or may not offset the self employment tax.

    10. Re:More lies from the Hate Brigade by Anonymous Coward · · Score: 0

      So do you work for Apple PR ? Most working people pay a higher percentage of their earnings as taxes than Apple does. Shill much ?

  28. Who cares? by Anonymous Coward · · Score: 0

    Throwing money and rhetoric at a problem doesn't solve the problem. A sustained change can be effected by a strong leader who attracts a large following. However, the CEO of a company who engages in child labor, outsources jobs overseas, and stores it's money in overseas bank accounts isn't someone whose lead I would follow. This is the corporate equivalent of a talking head spouting great one liners while doing minimal efforts and continuing to engage in business as usual.

  29. Re:you have basic healthcare out of market not cov by Anonymous Coward · · Score: 0

    so you hate us veterans?

  30. Re:Create jobs? You start first Apple by Anonymous Coward · · Score: 0

    Uninformed ranting.

  31. REsponsiblity? by spire3661 · · Score: 1, Interesting

    Where is your responsibility for creating a class of computers that the user does not control? WHERE IS YOUR FUCKING RESPONSIBILITY THERE? Tim, focus on making the world a better place by spending that 200 billion you have in the bank and stop worrying about climate change. Lower your prices, open up your maps top the web. You want to help humanity? Stop being a voracious pig stockpiling a huge war chest and make computers that the USER controls. Steve hand-picked this fucking tool?

    --
    Good-bye
    1. Re:REsponsiblity? by Anonymous Coward · · Score: 0

      It's highly presumptuous of you to tell others what they should do with their money. It's also crass.

      Instead of whining, why not focus on how you can improve others' lives? That seems like a much more fruitful use of time.

    2. Re:REsponsiblity? by spire3661 · · Score: 1

      Just as its presumptuous for Cook to talk about anything but Apple.

      --
      Good-bye
    3. Re:REsponsiblity? by Anonymous Coward · · Score: 0

      Steve trained this fucking tool. Steve was the same way.

  32. Re:you have basic healthcare out of market not cov by Anonymous Coward · · Score: 0

    What does this mean? All Americans have basic healthcare that is not covered. Vets and non-vets. The GP is simply implying that All Americans should have covered healthcare benefits, and asks why should only veterans have healthcare benefits covered. You, and Tim Cook, might think that only vets should have covered care, and other Americans don't. I would disagree though.

  33. Re:Create jobs? You start first Apple by spire3661 · · Score: 1

    What is the point of returning manufacturing to the US if its done by robots?

    --
    Good-bye
  34. Everyone has a right to health care by sjbe · · Score: 5, Insightful

    A need does not create a right. People need health care, but it is NOT government's job to give everybody what they need.

    Fuck you for thinking that people don't have a right to receive health care. Everybody should have a right to be treated when they are sick without being bankrupted in the process. If you think otherwise then you are an asshole. Plenty of people work very hard and still end up with medical bills FAR beyond their ability to pay them. A few weeks stay in a hospital can easily cost six figures. The only institution that can solve this problem is the government and to pretend otherwise is both idiotic and cruel.

    Even taking ethics out of it, pure economic pragmatism should drive us to want to see everyone taken care of because if you don't insure everyone then you end up spending even more money when they inevitably end up in the ER and drive up costs for everyone.

    1. Re:Everyone has a right to health care by danbert8 · · Score: 4, Insightful

      Why are all of the solutions for taxes to pay for healthcare instead of fixing the ridiculous medical billing system? My wife receives an every 4 week IV that the hospital bills $55k for. The solution to that isn't to make everyone else pay a share of the $55k, it's to figure out why a hospital charges a fee ridiculously out of proportion to the cost of treatment. Did I mention that this hospital is a non-profit government subsidiary? If you are wondering who is causing the problem, look at your government. They want everything to go through them so they can control the money.

      --
      Yes it's an anecdote! Were you expecting original research in a Slashdot comment?
    2. Re:Everyone has a right to health care by Trailer+Trash · · Score: 2, Insightful

      They have a right to receive health care, we all do.

      But you DON'T have a right to make ME give YOU health care.

      See the difference?

    3. Re:Everyone has a right to health care by AlanObject · · Score: 3, Insightful

      But you DON'T have a right to make ME give YOU health care.

      See the difference?

      I don't.

      If you have the right to make me pay for the Iraq war, which I didn't want, or the War on Drugs, which I didn't want, and many other things I didn't want, then why don't I (meaning a majority of voters) have the right to make you pay into a universal risk pool for health care?

    4. Re:Everyone has a right to health care by Lab+Rat+Jason · · Score: 2

      I think I'm gonna have to throw my hat in with the assholes. I also think people don't have a right to healthcare. I think people should earn what they have, be it healthcare, money, or freedom. Earn it. Work hard to get it! However, I also think that the core issue is that healthcare is much too expensive. I think the way to close the gap is to make healthcare cheaper, rather than making people more able to pay for it (read socialism). Step 1 is tort reform. Fix that first! Next fix waste. Too many times doctors order tests and surgeries that are unnecessary. They do this because they don't want to get sued for malpractice (see step 1). Once these things are fixed, begin looking at the efficiency of operations at hospitals. There are DOZENS of ways hospitals could save patients money once those first two issues are fixed.

      Sadly, this will take a LONG time time to bring any savings... hospitals' and doctors' insurers won't charge less for insurance once tort has been fixed. Doctors won't charge less once their insurance premiums drop. Hospitals won't charge less for procedures once doctors are charging less and their insurance is less. And all the while, the government won't change the medicare reimbursement rates for all of this just because the actual cost has gone down. Each one of these issues is it's own battle that must be fought in order to bring the cost down to where everyone can afford healthcare. But it's the only way to provide access while still making it fair. You have to understand that there are literally hundreds of people involved in almost any patient care event, and each one of them thinks they deserve to get paid as much as you think people deserve cheap healthcare.

      --
      Which has more power: the hammer, or the anvil?
    5. Re:Everyone has a right to health care by alvinrod · · Score: 2

      Fuck you for thinking that people don't have a right to receive health care.

      No, fuck you for thinking that they do have a right. Seriously. Fuck the other person who moderated this feel-good bullshit up as well.

      If everyone else has a right to healthcare, then you have an obligation to provide it to them. It's their right after all. So whatever it is you're doing now, you need to stop doing it so you can go provide people healthcare for all the people who have a right to be treated. Instead of posting on Slashdot, you should be providing someone with healthcare. Assuming this is some kind of universal right (which all human rights should be by definition), you owe it to the whole world, not just members of your country.

      Healthcare is something that has infinite cost, because people eventually get sick and die and no matter how much money you want to throw at it, its never enough because it just gets more and more costly. But you can't ever quit providing it, because it's everyone's right to healthcare, unless you believe that right goes away when they're 80 or some are more equal than others so they get what limited healthcare can be doled out. And then it no longer matters that someone was irresponsible and drank their body to death, destroyed their lungs from smoking, or scarfed Big Macs until their heart and arteries have become encased and clogged, because it's their right to be treated.

      Putting the government solely in charge of health care is probably the worst thing you can do. If you want to see health care get cheaper, allow for more profits which provides natural incentive for people to find better solutions so they can make more money. Get rid of government restrictions that establish protectionist markets for drug companies and prevent people from getting cheaper alternatives. If you want a single payer solution for basic healthcare, I'm fine with that, but healthcare is not something that government is obligated to dole out in infinite amounts to anyone who wants it.

      If you think you've got something that should be a human right, but it requires something from someone else in order for you to have it, you don't have a right. All you've done is to shackle someone else with obligations that they may not agree to. Government cannot provide rights, they can only take them from you.

      Now this doesn't mean that governments can't do that thing, and it's pretty obvious that governments do a lot of things that have nothing to do with the rights of the people, but that doesn't make everything that governments do a right. But since you believe that healthcare is a right, put your money where you mouth is and start providing people with what you believe this theirs by right. I won't hold my breath on this.

    6. Re:Everyone has a right to health care by Lab+Rat+Jason · · Score: 1

      I wish I had mod points for you! Well said.

      --
      Which has more power: the hammer, or the anvil?
    7. Re:Everyone has a right to health care by ooloorie · · Score: 1

      Fuck you for thinking that people don't have a right to receive health care. Everybody should have a right to be treated when they are sick without being bankrupted in the process

      What you are implicitly advocating is a system in which everybody can be as irresponsible as they want to be, pharmaceutical companies and hospitals can set prices as high as they want, and working folks have to pay no matter what.

      Take obesity for example. In many states, Obamacare pays for all the statins, heart transplants, bypasses, dialysis, kidney transplants, bariatric surgery, psychological counseling, and other costly consequences of obesity. Oh, sure, rates get adjusted a little and cities pass soda taxes, but those are fig leaves that don't cover the cost and are evidently not a sufficient motivator. A sufficient motivator might be if people have to face what the actual cost of obesity is down the road: bankruptcy and/or early death. It's exactly the "society pays for everything no matter what" attitude that allows people to make bad choices in the first place.

      So, "fuck you" not just for being a tool for the pharma and medical lobby, but also for advocating policies that make Americans sick. Everybody ought to have essential healthcare, but that costs less than a months worth of Obamacare premiums. What drives up the prices of medical care in the US is that government has created private monopolies that can set their own checks, and then we socialize the cost of bad choices and create moral hazards.

    8. Re:Everyone has a right to health care by ooloorie · · Score: 1

      If you have the right to make me pay for the Iraq war, which I didn't want, or the War on Drugs, which I didn't want, and many other things I didn't want, then why don't I (meaning a majority of voters) have the right to make you pay into a universal risk pool for health care?

      Well, the practical answer is that the US Constitution makes defense and international treaties a federal responsibility, but not healthcare.

      But people who actually favor liberty believe that no such right exists for any of these issues and that none of them are proper government functions.

    9. Re:Everyone has a right to health care by imgod2u · · Score: 3, Insightful

      Incidentally, having an NHS-style national healthcare system is the most effective way to drive down that $55k bill. Because no one on the consumer side will have more bargaining power than the Federal government. More importantly, part of that $55k is, as the GP mentioned, due to the hospital having to eat the cost of people without insurance going to the ER.

      Ultimately, the data out there shows that some level of nationalized healthcare leads to lower cost per person. With the US being double the cost/person of the next developed nation.

      That doesn't mean we have to go full NHS like the UK. I like the Australian model where the government provides a basic level of health insurance and anything beyond that is privatized.

    10. Re:Everyone has a right to health care by bobbied · · Score: 1

      A need does not create a right. People need health care, but it is NOT government's job to give everybody what they need.

      Fuck you for thinking that people don't have a right to receive health care. .

      Well, let's just stop right there and ask ourselves a few questions and perhaps you will see where I'm coming from.

      What is a right? It is something an individual MUST get. Freedom of speech is a right, this means people MUST be allowed by the government to express themselves, it also means that government must prevent other's from infringing on my ability to speak my mind.

      So if you say getting health care is a right, you are saying that doctors, nurses and hospitals must be forced by government to provide healthcare services to anybody who demands it. You have basically created a new class of slavery with your new right to healthcare because doctors, nurses and other healthcare providers CANNOT refuse you your rights. You also make it necessary for the government to FORCE the seizure of property (medical supplies) required to provide the health care right you claim. These two effects of your invented right are clearly unconstitutional, but follow logically.

      Unless you are willing to accept that your invented "right to healthcare" creates a new class of slaves and the government must enforce this and the seizure of property then you can claim healthcare is a right.

      I don't think you can claim this, nor do I think any reasonable person who actually thinks about the implications of what they are saying will claim a right to health care exists.

      --
      "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
    11. Re:Everyone has a right to health care by AlanObject · · Score: 2

      Well, the practical answer is that the US Constitution makes defense and international treaties a federal responsibility, but not healthcare.

      But people who actually favor liberty believe that no such right exists for any of these issues and that none of them are proper government functions.

      Oh really.

      “We the people of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty for ourselves and our posterity, do ordain and establish this Constitution for the United States of America.”

      Even the Roberts court was able to figure out that the ACA was constitutional.

    12. Re:Everyone has a right to health care by ooloorie · · Score: 1

      “We the people of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty for ourselves and our posterity, do ordain and establish this Constitution for the United States of America.”

      You don't understand the "general welfare clause"; I suggest you look it up.

      Even the Roberts court was able to figure out that the ACA was constitutional.

      SCOTUS acted out of deference to legislators, not due to an expansive interpretation of the general welfare clause.

      With more conservatives being appointed, I wouldn't count on this sort of thing happening as much in the future. Americans seem pretty tired of progressivism and expansive government.

    13. Re:Everyone has a right to health care by danbert8 · · Score: 1

      You assume that the federal government is competent and motivated to bargain... Experience shows federal officials have little fucks to give about excessive costs as they have no penalty for spending an outlandish amount. Federal agencies have no oversight or accountability to taxpayers. It is a ridiculous idea that they would do any good negotiating costs.

      --
      Yes it's an anecdote! Were you expecting original research in a Slashdot comment?
    14. Re: Everyone has a right to health care by Anonymous Coward · · Score: 0

      Well, let's just stop right there and ask ourselves a few questions and perhaps you will see where I'm coming from.

      Why don't you stop and ask yourself a few questions and see where others are coming from?

      Just try.

      What is a right? It is something an individual MUST get. Freedom of speech is a right, this means people MUST be allowed by the government to express themselves, it also means that government must prevent other's from infringing on my ability to speak my mind.

      Why not ask about some other rights? Like the right to trial by jury? Like the right to clean air and water? To have a place to live? To have food to eat? Is it because they can impose on others in ways that inconvenience your argument by undercutting them?

      So if you say getting health care is a right, you are saying that doctors, nurses and hospitals must be forced by government to provide healthcare services to anybody who demands it. You have basically created a new class of slavery with your new right to healthcare because doctors, nurses and other healthcare providers CANNOT refuse you your rights.

      You are basically using the word "slavery" to create a false stigma to the idea that doctors, nurses, and hospitals have obligations to the public, aren't you?

      You are, however, leaving out a key component of slavery. Namely that a private person owns and controls you, which is not the case being suggested here.

      You also make it necessary for the government to FORCE the seizure of property (medical supplies) required to provide the health care right you claim. These two effects of your invented right are clearly unconstitutional, but follow logically.

      Actually, they are clearly Constitutional, as conscription is entirely lawful, as is jury duty, and tax collection. Notice how nobody has ever gotten any of them overturned?

      Unless you are willing to accept that your invented "right to healthcare" creates a new class of slaves and the government must enforce this and the seizure of property then you can claim healthcare is a right.

      Unless you are willing to admit all the conditions you pretend to be upset over already are implemented, then you can't make your argument.

      I don't think you can claim this, nor do I think any reasonable person who actually thinks about the implications of what they are saying will claim a right to health care exists.

      I don't think you can admit the above,nor do I think you are a reasonable person who has actually thought about what already exists with regard to the rights as enumerated. You may even have problems admitting they aren't all enumerated in the Constitution.

    15. Re:Everyone has a right to health care by Anonymous Coward · · Score: 0

      In Canada, at least, the federal government has been very good about negotiating the costs of drugs from the pharmaceutical manufacturers, leading to lower prices almost across the board compared to the U.S. The government is not completely useless at this (at least here).

    16. Re:Everyone has a right to health care by Ksevio · · Score: 1

      Putting the government solely in charge of health care is probably the worst thing you can do. If you want to see health care get cheaper, allow for more profits which provides natural incentive for people to find better solutions so they can make more money. Get rid of government restrictions that establish protectionist markets for drug companies and prevent people from getting cheaper alternatives. If you want a single payer solution for basic healthcare, I'm fine with that, but healthcare is not something that government is obligated to dole out in infinite amounts to anyone who wants it.

      Interesting theory - can you point to somewhere that has better health coverage than the US at a lower price that does this?

    17. Re:Everyone has a right to health care by Anonymous Coward · · Score: 0

      Fuck you for thinking that people don't have a right to receive health care.

      diaf. You did nothing but want to force other people to help you.
      Somehow you want to force people to pay for your problems, and then not only fail to appreciate their help, you get angry about it. What a great guy.

    18. Re:Everyone has a right to health care by Trailer+Trash · · Score: 1

      But you DON'T have a right to make ME give YOU health care.

      See the difference?

      I don't.

      If you have the right to make me pay for the Iraq war, which I didn't want, or the War on Drugs, which I didn't want, and many other things I didn't want, then why don't I (meaning a majority of voters) have the right to make you pay into a universal risk pool for health care?

      Because the majority of the voters want the Iraq war and the War on Drugs (I'm with you, by the way, on those items), but the majority of voters don't want "free" health care because they're smart enough to understand that health care isn't actually free.

    19. Re:Everyone has a right to health care by Anonymous Coward · · Score: 0

      I think I'm gonna have to throw my hat in with the assholes. I also think people don't have a right to healthcare. I think people should earn what they have, be it healthcare, money, or freedom. Earn it. Work hard to get it! ...

      here's the flaw in your theory ...

      ok, absolutely, if everyone was guaranteed a job with a real wage, just so long as they continue to deserve having that job.

      The truth is there (deliberately?) aren't enough adequately paying jobs out there.

       

    20. Re:Everyone has a right to health care by alvinrod · · Score: 1

      You probably can't because there are far too many factors to control for. Even if you put the aside to focus on the costs themselves, you have to consider other factors driving the costs. The United States is probably one of the least healthy countries on the planet, so its little wonder that healthcare is more expensive when over one-third of the population is obese combined with a lot of other poor health habits that Americans have. Add in parts of the country where people are so far removed from major hospitals and population centers that major medical events necessitate an expensive helicopter ride and dozens of other unique factors and its difficult to pin down exactly what the best solution is, because you can't just take another countries implementation that works great for their particular set of circumstances without understanding why it works and what needs to be adapted without breaking the good outcomes.

      I think the best solution would be a single-payer government provided solution that covers routine check-ups and major medical events so that ending up in the emergency room due to some accident probably outside of one's control is taken care of. I think that's a good idea not because people have some kind of right to health care, but because I feel it is pragmatic. Where that ends though is that if you're 70 and have cancer from smoking over five decades, I don't think the public should pay for anything if there are other people who require healthcare and didn't bring it upon themselves. If there's money left over at the end, maybe Mr. Destroyedhisownlungs gets some healthcare, otherwise it's just time to provide a way to ease suffering until death.

      Of course no one really wants to die, so suppose our hypothetical person has a bunch of their own money stored away that they saved over the years (or a personal insurance plan they bought outside of the government single-payer plan) at which point they can buy whatever healthcare they want. The trick is finding a good balance between what percentage of healthcare is required as part of the government's single-payer plan and what percentage can be the pure unfettered capitalism in all its greed that ensures companies want to invest in healthcare.

    21. Re:Everyone has a right to health care by AlanObject · · Score: 1

      Because the majority of the voters want the Iraq war and the War on Drugs (I'm with you, by the way, on those items), but the majority of voters don't want "free" health care because they're smart enough to understand that health care isn't actually free.

      Gallup polls: 55% support the ACA

      Quinnipiac University: 17% support Obamacare repeal.

      USA Today: 51% of those surveyed said they would prefer to keep and work to improve ACA. Another 7% said they wanted to keep the health care law as is.

      Keep in mind that many "approval" numbers for the ACA appear low because there is a percentage of people who will not approve of the ACA when they call it "Obamacare." Second there is also a percentage that is against the ACA because it does not for them go far enough. They want single-payer.

      There is absolutely no evidence beyond right-wing sound bites that indicate that government involvement in health care is unpopular.

    22. Re:Everyone has a right to health care by Anonymous Coward · · Score: 0

      How much of your time and/or money do you donate to providing health care to anyone that needs it?

    23. Re:Everyone has a right to health care by drinkypoo · · Score: 1

      I think people should earn what they have, be it healthcare, money, or freedom. Earn it. Work hard to get it!

      Your ideas were old when the puritans had them. Everyone doing stuff is destroying the biosphere. We need to stop the make-work or we shall all surely suffer. Only a small fraction of humanity has to work for everyone's needs to be met, given modern technology. Until we actually come up with something for these people to do, we should just focus on educating them so that 1) they can help figure it out and 2) they will make less babies.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    24. Re:Everyone has a right to health care by Anonymous Coward · · Score: 0

      "Well, the practical answer is that the US Constitution makes defense and international treaties a federal responsibility, but not healthcare."

      1. What did Iraq have to do with defense?

      2. The constitution, in your eyes, makes killing people in a different country a priority, but not giving life-saving healthcare to Americans? There might be a problem here somewhere. It's strange that no other developed nation seems to have a problem providing for their citizens in this way, but it's somehow evil if people ask that the US government provide for life instead of death.

      The irony is, you still pay more than any other country per capita, yet you remain the only one where a person's life can be destroyed by medical bills if they get sick.

    25. Re:Everyone has a right to health care by Lab+Rat+Jason · · Score: 1

      This is absolutely bullshit. First off, I didn't claim everyone is guaranteed a job... that is also socialism. I believe that far too many youth in this world are told they are supposed to have a boss, rather than being told they are their boss. If more people saw things this way, the whole thing would be better. From a certain point of view, there are infinite jobs available... yet people lack the imagination and drive to go out and get those jobs (make them exist). There is some quote that I'm too lazy to look up that says something about "never forget that you work for you."

      But that's besides the point. It doesn't matter how many people have jobs... it matters how many people can afford healthcare. The failure of the healthcare system is a downward spiral. When a mother can't get her kid healthy, that kid can't learn and attend school, then we've got one more know-nothing person out there who can't contribute. Then that kid grows up and has more kids who are also unlikely to get educated. School is the only area where I think socialist ideals can work... because educating everyone is always a benefit to everyone.

      --
      Which has more power: the hammer, or the anvil?
    26. Re:Everyone has a right to health care by Lab+Rat+Jason · · Score: 1

      Spoken like a true millennial. Working hard and earning does not equal destroying our planet... art and entertainment are a few good examples. Something that this world will never not have need of, and probably one of the last jobs that robots will take over. Just 'cause it's an old idea doesn't make it wrong.

      Only a small fraction of humanity has to work for everyone's needs to be met, given modern technology.

      What is the reward for that small fraction of humanity doing the work? Why should some people be made to work for other's leisure? Sounds like slavery to me.

      --
      Which has more power: the hammer, or the anvil?
    27. Re:Everyone has a right to health care by drinkypoo · · Score: 1

      Why should some people be made to work for other's leisure? Sounds like slavery to me.

      Why should some people roll over and die so that you can take up space? Sounds stupid to me. You can share the wealth, or you can eventually be eaten.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    28. Re:Everyone has a right to health care by imgod2u · · Score: 1

      Anecdotes show that. Data shows otherwise. Few people who use Medicare think it's a mess. In fact, people have better experience with Medicare than they do with many private insurance companies. Medicare prices are also consistently lower than private insurance because of the massive bargaining power it has.

      If you want a demonstration of what Federal healthcare would be like, look at Medicare.

  35. Re:Create jobs? You start first Apple by XXongo · · Score: 1

    Apple has FAR greater ability to create jobs than the federal government does as a general proposition. Apple is sitting on a gigantic war chest of money.

    Apple reportedly has about $246 billion in cash. That seems like a large amount, but the U.S. has a population of 320 million, so think of it as 770 dollars per American.

    But, of course, most of Apple's sales didn't come from America. So, two thirds of that logically should be used to "create jobs" in the places where they sell their products. So: figure they have two hundred and fifty dollars per American available to "create jobs."

    I guess you can create jobs with $250 per person. But, "greater ability than the federal government"? In comparison, the federal government had a budget of 4 trillion dollars. Per year.

  36. Pushed hard on immigration?? by RoccamOccam · · Score: 1

    He "pushed hard on immigration..."? What exactly is his stance on immigration that he needs to push on? Sure, I understand opposition to building a wall between Mexico and the U.S., but that is a specific issue.

    So, is he supporting open borders? He states "we clearly have a very different view on things in that area". Other than a border wall, where is Trump wildly off-base on immigration?

    1. Re:Pushed hard on immigration?? by ScentCone · · Score: 1

      I doubt he's saying that he's actually in favor of illegal immigration. He's just pandering to his low-information liberal fan club.

      --
      Don't disappoint your bird dog. Go to the range.
    2. Re:Pushed hard on immigration?? by Anonymous Coward · · Score: 0

      "pushing hard on immigration" means a few things:

      a. we want to keep importing cheaper tech workers from other countries with the added benefit of keeping wages down
      b. we need modern-day slaves immigrating illegally so they can clean our houses, mow our lawns and do hard labor

      And the additional whammy is just saying "immigration" w/o using the term "legal" or "illegal" so the issue gets confusing for the average idiot.

    3. Re:Pushed hard on immigration?? by fustakrakich · · Score: 1

      Pandering to low information liberal/conservative fan clubs is how you win elections. This last one is the best illustration of that we've ever seen.

      --
      “He’s not deformed, he’s just drunk!”
  37. Re:Create jobs? You start first Apple by drnb · · Score: 1

    What is the point of returning manufacturing to the US if its done by robots?

    What's the point in saving the US auto industry if its manufacturing is heavily dependent upon robots?

    Even in heavily robotic manufacturing and assembly there are jobs. Plus there is the entire issue of the money being spent in the US and having secondary economic effects and benefits. Plus there is parts and subsystem vendors located in the US being more viable, again see auto industry.

  38. Re:Create jobs? You start first Apple by Major+Blud · · Score: 1

    IT in medicine sucks terribly for the most part.

    It's amazing how few people realize this. If you talk to politicians or listen to people at TED talks, you'd think that healthcare IT is cutting edge and is changing the way we do medicine in amazing ways. Nothing is further from the truth. Healthcare IT is so far behind the rest of the industry that it's embarrassing. The tech is outdated, and crazy expensive. Look at how hard the U.K. NHS got hit by WannaCry recently for an example.

    I worked in IT at a hospital for a few years. They started rolling out a new EMR and integrated billing system while I was there. This system cost over $1,500,000 U.S., and was a freakin' WinForms application......and this was in 2013. Nobody could tell me why it cost so much for a system that was state of the art back when Clinton was president. It's not just that one hospital either, everyone I talk to has the same experience (anecdotal of course).

    How do you fix this? For starters, stop having doctors choose which IT system they should use. They are easily jaded, and at the end of the day their nurses and admin staff use the system instead. They end up choosing a system that they will never use.

    Try paying hospital IT staff what they're worth. Salaries in that field are below the rest of the industry. On-call rotations and overtime are out of control.

    --
    If you post as Anonymous Coward, don't expect a reply.
  39. Immigration by Anonymous Coward · · Score: 0

    Let's see, considering the main designers listed on many of the key iPhone patents (Jony Ive -- head of design, Bas Ording and Imran Chaudri -- the guys who came up with most of the UI inventions) are immigrants -- I am pretty sure they need them. Not to mention if the Muslim hatred and Donald Trump's Syria ban had been in place in the 1950's Apple itself wouldn't exist because Steve Jobs biological dad would not have been able to come here.
    Most of Silicon Valley's best companies have immigrants or kids of immigrants as their key co-founders .. partial list: Google, yahoo, Oracle, YouTube, Apple.

    1. Re:Immigration by Anonymous Coward · · Score: 0

      This is a tiny number of elites. We're more worried about our 18 year old kids who can't even get entry level jobs out of high school because they're displaced by 35 year old grown men from Oaxaca. If these people had stayed home and helped their own countries succeed instead, people are OK with that. Imagine if America had to pay through the nose to India or Brazil for iPhones. And had to acknowledge that brown people countries could do something good on their own. That's what social justice looks like.

  40. Tax Evasion and colluding with a foreign... by Anonymous Coward · · Score: 0

    government (Ireland). Sounds like Cook and his company are cut from the same cloth as Trump where it counts :)

    captcha was 'ballyhoo' :)

  41. Re:Create jobs? You start first Apple by Anonymous Coward · · Score: 0

    Salaries in that field are below the rest of the industry.

    Sounds like a job for creimer!

  42. Re:Sentiment is worthless. Action matters. by prefec2 · · Score: 1

    The have billions of dollars (in foreign currency). However, it is doubtful that these money can be used to create jobs. Jobs are necessary to do things. For example produce iPhones. And you need more workers when you want to produce more iPhones. However, you only need to produce more iPhones when people are buying more iPhones. Furthermore, as a company leader it is his job to make as much money for the owners as possible. If he can avoid paying taxes than this is the fault of politicians. They should have designed the tax laws in a way that you cannot cheat. Unfortunately, Trump is not going in that direction.

  43. Tim Cook is pro-genocide. by Anonymous Coward · · Score: 0

    The piece of shit will enter the gas chamber just like all the other traitors.

  44. Re:Create jobs? You start first Apple by danbert8 · · Score: 2

    IT, computer systems, and hospital billing are such a clusterfuck any solutions in healthcare that don't address them are a waste of time. Single payer fixes nothing when hour long services and bags of mostly saline solution are billed at the same rates as luxury SUVs.

    --
    Yes it's an anecdote! Were you expecting original research in a Slashdot comment?
  45. Solving real problems by sjbe · · Score: 1

    Employment: They are investing in robots that disassemble old phones for recycling. That is a first step to robots that can assemble new phones. That can return factories to the US, increase jobs, increase tax revenues.

    Robots that could assembly phones have been available for decades. You apparently are not aware of the level of automation that is already available. The reason Apple manufactures a lot of their stuff in China is because that is where the supply chain is located. It has nothing to do with a lack of sophisticated automation available in the US.

    Healthcare: Apple has a healthcare engineering group that assists healthcare providers find technical solutions.

    What the fuck does that mean? Could you come up with a more vague and content free sentence? You're talking about shit like Apple selling iPads to doctor's offices. Not exactly world changing stuff there and certainly not solving the important failures in our health care system.

    1. Re:Solving real problems by drnb · · Score: 1

      Employment: They are investing in robots that disassemble old phones for recycling. That is a first step to robots that can assemble new phones. That can return factories to the US, increase jobs, increase tax revenues.

      Robots that could assembly phones have been available for decades. You apparently are not aware of the level of automation that is already available. The reason Apple manufactures a lot of their stuff in China is because that is where the supply chain is located. It has nothing to do with a lack of sophisticated automation available in the US.

      The supply chain follows the factories to a degree. Which is why even heavily robotic assembly would be a benefit to any host country.

      No one said automation was lacking outside the US, that is you reading things that are not there. However automation is a mitigating factor making higher US labor costs less of an issue, making the US a more viable host for a largely automated plant.

      And now back to distribution but on the finished product end, shipping would be simplified to the large US market. Something that offsets the shipping for those components that are asian sourced.

      Healthcare: Apple has a healthcare engineering group that assists healthcare providers find technical solutions.

      What the fuck does that mean? Could you come up with a more vague and content free sentence? You're talking about shit like Apple selling iPads to doctor's offices. Not exactly world changing stuff there and certainly not solving the important failures in our health care system.

      No, I'm not talking about Apple selling an iPad to a doctor. I'm talking about a large healthcare provider having some new IT initiative and going to Apple for help and/or advice on how to specifically implement that initiative. Apple has a healthcare solutions team for assisting such large scale initiatives. So if the VA wants to modernize something system wide or implement some new technology assisted process, Apple has a team available to help. Its not a team that works with end users, its a team that works with large healthcare IT organizations.

  46. Sigh. by ledow · · Score: 1

    Why would an Apple CEO have "a level of expertise" on climate?

    Come to that, why would the president, either?

    Neither of them should be discussing it between themselves in any serious business fashion. That's pretty much the entire problem in a nutshell.

    Apple could provide computers or services that scientists could use to make a decision to inform a president's political direction. Other than that, I'm not even sure why you'd bring it up, even.

  47. Investments create jobs by sjbe · · Score: 2

    The have billions of dollars (in foreign currency). However, it is doubtful that these money can be used to create jobs

    Baloney. If they do pretty much anything economically useful beyond simply gathering interest from securities, jobs will be created. But as long as they keep that pile of money sitting in the figurative bank no jobs of any kind will be created. There is no task you can do that involves billions of dollars that will not create meaningful numbers of jobs. But they have to actually try to do something first. Apple hasn't taken a significant risk since the iPhone was released. It's just been incremental improvements and variations on existing technology for the most part.

    1. Re:Investments create jobs by imgod2u · · Score: 1

      The have billions of dollars (in foreign currency). However, it is doubtful that these money can be used to create jobs

      Baloney. If they do pretty much anything economically useful beyond simply gathering interest from securities, jobs will be created. But as long as they keep that pile of money sitting in the figurative bank no jobs of any kind will be created. There is no task you can do that involves billions of dollars that will not create meaningful numbers of jobs. But they have to actually try to do something first. Apple hasn't taken a significant risk since the iPhone was released. It's just been incremental improvements and variations on existing technology for the most part.

      I doubt this. It's the typical "trickle down" argument but data doesn't correlate. We've just come off 8+ years of unencumbered injection of capital into the markets. There's never been so much free money showered into the investment pool at ridiculously low interest rates. Yet job creation, while happening, hasn't exactly exploded.

      In fact, there's nothing stopping Apple from "using" that money overseas. Just like with the stock buyback, they could take out a ridiculously cheap loan (which they have, to the tune of 50B or so) with the cash they have overseas as collateral.

      But they didn't use that 50B on "job creation". Or they could use that cash to create jobs overseas where that money currently is. They haven't. The ability to move capital is not hindering this magical job creation that somehow throwing money at is supposed to create.

      Could it be that capital injection isn't all that's necessary for a healthy job market? Could it be we actually need *consumer demand*?

    2. Re:Investments create jobs by Joviex · · Score: 1

      I doubt this. It's the typical "trickle down" argument but data doesn't correlate

      Trickle down is now job creation? No. Doubt all you want, doubts are not facts.

      Those two things are not in direct opposition of each other; they can live on their own.

      If Apple, or anyone, decided to spread around the money, there would be jobs created. Fact. Why? Because you cant queue up MORE work and do it with the same amount of LABOR you already have.

      That single piece of logic invalidates any correlation between trickle down, which is a direct result of the top making more money and sharing it with the bottom, versus, the top using their money to invest into other capital building ventures.

      One is direct, the other is not.

    3. Re: Investments create jobs by Anonymous Coward · · Score: 0

      There's one big problem with all of this: poor people spend money, rich people hoard it.

    4. Re:Investments create jobs by imgod2u · · Score: 1

      "If Apple, or anyone, decided to spread around the money, there would be jobs created. Fact. Why?"

      I like how I just cited data pointing otherwise and you still hammer on this like it's "fact".

      Point is, companies have more money than ever and they can get access to using it pretty easily through financial instruments.

      Yet, they have not resulted in this wild explosion of job creation.

      You can yell "my logic is bulletproof" all you want but the data doesn't agree with your assumptions.

  48. Re:you have basic healthcare out of market not cov by Anonymous Coward · · Score: 0

    You're not even wrong, because you didn't make a coherent statement.

    +1 Awesome

  49. Not scientists [Re:What if anything do you know.] by XXongo · · Score: 2

    According to environmental scientists if you...

    Bullshit. Citation needed. Which "scientists" are you purportedly quoting here?

    Such as Oxford Martin School or read the work of Carol Smith from United Nations University and David Brubaker from John Hopkins.

    "Oxford Martin School" is not a scientist, in fact, is not even a person.
    "Carol Smith from United Nations University" is not a scientist. She is a journalist.
    I don't know anything about David Brubaker. He doesn't seem to be a scientist, or at least, google scholar can't dig up any citations to his papers. And he is not listed on the staff of Johns Hopkins.

  50. Re:Sentiment is worthless. Action matters. by taiwanjohn · · Score: 4, Insightful

    Few companies are as well resourced to help change the world as Apple but sadly Apple and Cook are doing little with that opportunity.

    Sadly, our capitalist system is ill-suited to the kind of altruistic effort you describe. Fiduciary responsibility prevents most corporations from taking risks for the common good.

    I have what I call the Elon Musk Rule for Billionaires: If you're doing even 1/10th of the public good as Elon does, then you deserve your billions. But if you're just another hedge-funder, sitting on your Smaug hoard, then you -- or rather the fact that you are a billionaire -- is not doing any good for the rest of us. Furthermore, the fact that you are keeping all that coin in your hoard, and out of circulation, is in fact a detriment to the rest of us. You are nothing more than a blood-sucking parasite with a fancy suit and a Ferrari.

    It's worth noting that both SpaceX and Tesla were started as private companies (and SpaceX is still private) precisely because Elon knew he could never get away with such risky behavior as a public corporation.

    --
    XML is like violence. If it doesn't solve your problem, you're not using enough of it. --AC
  51. Re:Sentiment is worthless. Action matters. by interkin3tic · · Score: 1

    Apple has billions in cash on their balance sheet which could be invested in ways that would create jobs

    You mean like cloning Steve Jobs? I dunno if Cook would be interested in that.

    On a more serious note, can we stop pretending that doing everything we can to create jobs is the ultimate good any patriotic american can strive for? Climate change and experimenting with how much the administration can bend the constitution are far more important than making busy work for a few hundred more engineers. He's not a hypocrite, he just doesn't think "jobsjobsjobsjobsjobs" is the ultimate priority. And as someone who is currently looking for a job, I have to agree with him. Far more urgent for me sure, but making more jobs can't be the top priority.

    Plus, I don't have a crystal ball, but green energy and an economy that is bolstered by immigration are clearly more effective ways of creating jobs than apple throwing a bunch of money around wildly. I know it's popular in some circles to insist that anything the government does aside from cut taxes = jobs die, but that's simply a fairy tale told by chamber of commerce types (who themselves cut jobs whenever possible.)

  52. Re:Create jobs? You start first Apple by imgod2u · · Score: 1

    Well, you'll have to hire some people to fill in some of the spots the robots can't. Or maintain those robots. Or improve those robots.

    It won't be the level of jobs that happened at the rise of automotive manufacturing. Those days are gone. But it's better than having that manufacturing powerhouse in China.

    There's also the issue of intellectual property. Not just in the products you make but in the equipment and logistics required to manufacture it. That's valuable knowledge that you'll have a tough time keeping secret when you manufacture in China.

  53. Re:Yuh huh by computational+super · · Score: 1

    Or hiring Americans.

    --
    Proud neuron in the Slashdot hivemind since 2002.
  54. Unlikely by paiute · · Score: 1

    People don't work with Trump. They either work for him or have no business with him at all.

    --
    If Slashdot were chemistry it would look like this:Cadaverine
  55. except they make the rules by Texmaize · · Score: 5, Insightful

    You make this argument because it is Apple, and not a "dirty" oil company, because you likely believe Apple is a "good" socially responsible company, even if they are not.

    The problem is that these large companies hire expensive lawyers and lobbyists to make the rules. Apple is also guilty of this. So, this is not a simple case of "oooops, lookey here, i found me a deduction." It is more along the lines of, "I will donate X to your campaign, and you make me a 8x deduction. It is wrong and despicable. Don't forgive companies for doing this.....Especially Apple and Google, who claim to be socially responsible, then hides from paying taxes so less services can be provided. Hypocrites suck. No matter how much they put a good face eon it.

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    1. Re:except they make the rules by Anonymous Coward · · Score: 0

      And you think the solution is for Apple to "just pay more"? I agree that it's wrong, but you're never going to get anywhere by continuously beating on Apple's door. You need to start beating on your congresscritter's door to get them to change the law.

    2. Re:except they make the rules by roman_mir · · Score: 1

      Here is my argument: any company that does not avoid taxes is idiotic. I believe that all income and wealth taxes are oppression, theft, collectivist robbery and basically crime.

      I believe that taking any part of anybody's income by any form of collective government is a crime and needs to be punished, I believe that all systems that are doing this are criminal systems and need to be fought against.

    3. Re:except they make the rules by quantaman · · Score: 1

      You make this argument because it is Apple, and not a "dirty" oil company, because you likely believe Apple is a "good" socially responsible company, even if they are not.

      The problem is that these large companies hire expensive lawyers and lobbyists to make the rules. Apple is also guilty of this. So, this is not a simple case of "oooops, lookey here, i found me a deduction." It is more along the lines of, "I will donate X to your campaign, and you make me a 8x deduction. It is wrong and despicable. Don't forgive companies for doing this.....Especially Apple and Google, who claim to be socially responsible, then hides from paying taxes so less services can be provided. Hypocrites suck. No matter how much they put a good face eon it.

      It's more subtle than that, the theory is that we pay taxes to contribute to society, but if we instead do something else that contributes to society we get a break from some taxes. When Apple lobbyists say "hey, if we do X can we get a tax break?" they sincerely believe doing X is the right thing and deserving of a tax break, they believe this because that narrative makes them the good guys.

      As for the offshore capital, it's a legitimately tricky and complicated subject on how to tax multinationals, and it's really easy to keep cash in offshore to avoid US taxes. They probably don't believe that keeping the cash offshore is the right thing to do, but like anyone else they don't want to be the sucker who pays way more than they have to.

      In politics good people doing bad things is much more common than bad people doing bad things, and confusing the two categories has a habit of making you a member of the former category.

      --
      I stole this Sig
    4. Re: except they make the rules by Anonymous Coward · · Score: 0

      Move to somalia then, I hear there is very little government there

    5. Re:except they make the rules by farble1670 · · Score: 2

      but like anyone else they don't want to be the sucker who pays way more than they have to

      When you have 246B USD socked away my compassion goes out the window.

    6. Re:except they make the rules by rogoshen1 · · Score: 2

      You're a fool.

      There are eloquent arguments as to the 'why'; as well as how a cursory stroll down logic lane would point out exactly why it's the case -- but if you don't see it, and honestly believe what you're saying about taxes; it would all be lost on you.

      You are a bloody fool.

    7. Re:except they make the rules by quantaman · · Score: 1

      but like anyone else they don't want to be the sucker who pays way more than they have to

      When you have 246B USD socked away my compassion goes out the window.

      Who is "they"? If you have mutual funds you're part of that "they", more so if you're a small investor with some Apple stock.

      How big a haircut are you willing to personally so that Apple can do it's civic duty and pay all the taxes on that repatriated capital.

      --
      I stole this Sig
    8. Re: except they make the rules by Anonymous Coward · · Score: 0

      You are missing the difference between what is "right" and what is "legal". Apple claims to be a company that does what is right. That is not the case. I refuse to let apple or any other company lecture me about green, gay, climate, etc. when they show by their actions that their true core value is simply that "profit trumps all". Part of that value system requires that they maintain a certain image, so you get a carrot from time to time.

      Also:

      "try to influence things in areas where we have a level of expertise. I've pushed hard on immigration. We clearly have a very different view on things in that area. I've pushed on climate."

      On immigration, how in gods name do you think that you have any expertise in defending this country? Short answer, you don't, so piss off.

      On climate, you make fucking phones and rape the planet while doing it, so piss off some more. But, but, recycle, closed loop, etc. Spare me that drivel.

      "Expertise" requires actual working knowledge, not just opinion or beliefs. Cook appears to fail at the most elementary level in that regard.

    9. Re: except they make the rules by Anonymous Coward · · Score: 0

      No, fuck you.

      You are making shit up, moving goalposts for what is "responsible" and we both know that IT IS NEVER ENOUGH.

      You would be whining like a faggot about social justice even if they paid 100% in taxes. They could never make you happy.

      So the only sane answer is today pay exactly what is legally owed. End of debate.

    10. Re:except they make the rules by farble1670 · · Score: 1

      How big a haircut are you willing to personally so that Apple can do it's civic duty and pay all the taxes on that repatriated capital.

      Sure, let's take that to the logical end. Why have any corporate tax law? Why have taxes? They just lower the stock price.

    11. Re:except they make the rules by dreamchaser · · Score: 1

      The vast majority of companies, including Apple, do not lobby because they think they are doing the right thing so deserve a tax break. They do it because their legal teams tell them it's legal to ask and that the narrative could be a winner. Good intentions are nothing to do with the algorithm.

    12. Re:except they make the rules by quantaman · · Score: 2

      How big a haircut are you willing to personally so that Apple can do it's civic duty and pay all the taxes on that repatriated capital.

      Sure, let's take that to the logical end. Why have any corporate tax law? Why have taxes? They just lower the stock price.

      I want to be clear, I'm not some Randian claiming that tax is theft and all that crazy stuff.

      I'm claiming that Apple and Google are acting rationally, and put in a similar situation I'd expect most people here to act the same.

      The solution is not to say "oh, Apple must be evil now", the solution is to recognize that "oh, Apple is responding to some really strong incentives when it takes all these strategies to reduce its taxes, if we fix those incentives then Apple and a lot of other companies will start paying more tax."

      --
      I stole this Sig
    13. Re:except they make the rules by Pascoea · · Score: 1

      Your ability to submit this comment (or to do pretty much anything besides subsistence farming) is brought to you by taxpayer funded initiatives. Go beat your ignorance drum elsewhere.

    14. Re: except they make the rules by Anonymous Coward · · Score: 0

      You seem to have a comprehension issue. Nothing in my post was made up or changed the goalposts. Let me simplify. I give less than a shit about how much apple pays in taxes or how green they are, just don't flout a holier than thou attitude while doing it or pretend to have expertise in areas you don't.

    15. Re:except they make the rules by roman_mir · · Score: 1

      Pure, unadulterated nonsense and blindness. My ability to do anything beyond farming comes from individuals being less oppressed than previously by escaping from their original governments of Europe hundreds of years ago to the new continent and forming a system that oppressed individuals to a much lesser degree. This allowed capital formation in a free market setting that led to industrialization, which is what freed subsistence farmers to do other things.

      Eventually that system became a perverted version of what it ran away from, so that is no longer possible in America.

    16. Re:except they make the rules by Pascoea · · Score: 1

      So "free market" built the interstate system? That's an interesting argument you got there.

    17. Re:except they make the rules by roman_mir · · Score: 1

      The interstate system shouldn't have been built by any government, especially by the federal government, which destroyed a working railway system to do this, while using the stolen money to subsidise well connected road construction companies, while subsidising pollution, subsidising the spread of suburbs that could never be effectively served by any form of public transit. Of-course the worst crime beside the theft of money here was the destruction of individual freedom, which followed by giving the federal government the excuse to steal all other forms of freedoms by using the money for the interstate highway as blackmail against individual States.

      There is a reason for H1 'interstate' highway existence on the island of Hawaii, and it has nothing to do with interstate travel but it has everything to do with control and oppression and theft perpetrated against the people that used to be free by the government that used to be tiny and insignificant.

      Government shouldn't have been allowed any of this power grab but it was and here we are.

    18. Re:except they make the rules by roman_mir · · Score: 1

      Of-course, it is your position that by the very definition of what you believe anybody who believes in individual freedom instead of oppression and theft based on collectivist power is a fool. I absolutely believe that taxation of income and of wealth by the collectivist power is criminal theft and oppression. I held this opinion as long as I remember myself and that's more than a few decades, so by your definition I am a fool this has no effect on me, you are free to think whatever you want to think, I think you are a fool and you support destruction of individual freedoms while supporting the power of the collectivist state.

    19. Re:except they make the rules by Anonymous Coward · · Score: 0

      The people who run these companies are character-disturbed narcissists, just like DJT. Narcissists are famous for gaining the approval and adoration of others all the while exploiting them.

    20. Re:except they make the rules by Pascoea · · Score: 2

      I too miss the days when I could spend two weeks travelling from New York to California on a rail car. Especially since they were created completely without the "interference" and "theft" perpetrated by the United States Government. Fuck the Federal Gov't built the transcontinental railway system too? Dammit. Where's my oxen, I need to go plow my field.

    21. Re:except they make the rules by rogoshen1 · · Score: 1

      i know i'm feeding a troll here; but what would you propose instead of taxes to pay for all the services you (directly and indirectly) consume.

      bake sales?

    22. Re:except they make the rules by Anubis+IV · · Score: 2

      The problem is that these large companies hire expensive lawyers and lobbyists to make the rules. Apple is also guilty of this.

      Here's a list of the top lobbying spenders last year. Notice anyone missing?

      While Amazon is at the very bottom of the top spenders and Google is in the thick of it with big telecom and pharma, Apple is conspicuously missing. That's been true historically as well, since Apple has NEVER been a big spender when it comes to lobbying. They're routinely outspent by virtually all of their competitors, and while they have significantly increased their spending in recent years (roughly doubled from 2011 to 2016, bringing them to $4.67B last year), they're still nowhere close to their peers. Even Amazon, at the very bottom of the list, is spending nearly 3x what Apple is.

      Moreover, Apple is talking about repatriating hundreds of billions of dollars ($200B, if memory serves), with potential taxes in the dozens of billions. If Apple was getting the "8x deduction" that you pulled out of your ass, simple division tells us that they'd need to be spending somewhere between a few hundred million and a few billion on lobbying in order to even make a dent on their taxes, which should put them so far off the top of that list that even the most ardent Apple apologist would be forced to acknowledge their shameless spending. Instead of that, however, they're so far down the list that I can't even find a number for where their spending is ranked. It's not even double-digit millions, let alone billions.

      You make this argument because it is Apple, and not a "dirty" oil company

      Facts are facts, regardless of the messenger's biases. If the argument is invalid, say why it's invalid. As it is, you've basically said that they are "guilty" of a crime you made up and that they deserve to pay because they can afford lawyers, lobbyists, and better accountants than you can, none of which are actually a crime.

    23. Re:except they make the rules by roman_mir · · Score: 1

      You think you are 'feeding a troll', why are you even bothering to reply to my comments with that type of an ad hominem? What's the point? Here is my journal http://slashdot.org/~roman_mir..., I am sure that if you bother to read it you would find the answer to your question, which is obvious: there shouldn't be such a concept in existence as 'public / government provided services', not one government provided or not one public service, not a single one.

      You think I am trolling you, stop replying.

    24. Re:except they make the rules by roman_mir · · Score: 1

      First of all I am against every form of subsidy, so I am obviously against all subsidies to all industries and to all people, I am against all forms of income and wealth taxes and redistribution.

      Now, I think you actually believe you got me somehow? I know, Obama told you so and you read it in Wiki. But lets see what actually happened there.

      The Central Pacific and the Union Pacific were building the transcontinental rail line. CP was moving east from Sacramento and UP was moving west from Omaha.

      The federal government did what governments do, it stole the money and promoted this railway by providing the rail construction with land grands and low interest loans and direct subsidies. The subsidies varied depending on the difficulty of laying the rail, $16000 was paid out for laying rail over easy terrain, $48000 was paid out for grades, mountains and such. Of-course the Pacific Railroad Act allowed the subsidies for grading to extend as far as 300 miles ahead of the tracks being laid.

      So these two companies were supposed to meet, weren't they? Well, they didn't actually just meet, they continued building 250 miles past the point of where they were supposed to meet, with the construction teams separated by a hill here, by a ravine there. 250 miles was an extra year of work it was also quite a bit in subsidies with the money stolen by the government.

      The grades were taken instead of plains where possible to get more subsidies, etc. This was not a market driven construction, this was as bad as government gets and it never got any better.

      An example of what I am talking about was the Spring Creek Ravine, where the CP constructed a 'big fill' of earth to span their portion of the ravine while UP constructed a wodden trestle across the gulch, which was 85 feet high and 400 feet long, it was flimsy to the point where a reporter suggested that "It will shake the nerves of the stoutest hearts of railroad travelers when they see what a few feet of round timbers and seven-inch spikes are expected to uphold - a train in motion."

      The trestle was not supposed to withstand the power of a passenger train, it was a way to transfer money that was stolen by Washington into the hands of UP management.

      CP was blasting through Sierra Nevada Mountains, which was a horrible route for the passengers to take but it was profitable.

      When Washington DC demanded that the roads linked there was a quite ceremony up at Promontory Summit on May 10, 1869.

      Of-course due to the poor construction the work had to be done all over again, this was not in your history school texts. Three years after celebrating the rail meeting at Promontory Summit the UP Railroad was bankrupt.

      My point stands, the government destroys individual freedoms to transfer wealth to the well connected and you are standing there, cheering for it.

    25. Re:except they make the rules by Pascoea · · Score: 1

      I'm curious then, if all forms of government are bad, how do you propose we live in a civilized society? We don't have an interstate system. We don't have a railroad. We don't have roads. We don't have a power grid. We don't have a water or sewer system. We don't have the Internet. Hell, we don't even have money.

      I'm with you. Governments are fucked up. They are corrupt. They are going to bend the average citizen over at every opportunity. They are also necessary. You seem smart. Direct me to some reading material that demonstrates a successful modern civilization that functions without some form of government.

      I like having a police force, school system, paved roads, an interstate system, running water, readily available electricity, Internet, Television, Cell Phones, fire department, ambulance service, a safe car, etc, etc, etc, etc. Exactly zero of those would be available without the government. Yeah, I pay 30% of what I make to enjoy those things. Seems like a decent enough deal to me. Could all of those things have been provided more efficiently? Absolutely. Is the solution to get rid of all of it out of principle? No damn way.

      I can't handle the truth? You must be a riot at parties.

    26. Re: except they make the rules by cayenne8 · · Score: 1

      You are missing the difference between what is "right" and what is "legal".

      There is not right or wrong when it comes to taxes...only legal or illegal.

      Paying taxes is NOT some sort of moral activity....

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    27. Re:except they make the rules by roman_mir · · Score: 1

      I propose that we are not living in a civilized society, we are living in an oppressive regime, where the majority vote elects politicians that are promising to steal the most and to redistribute. Of-course the end result is that the mob doesn't get what it wants but the theft does occur and it allows the government to permanently oppress, steal, rob, wage wars, incriminate people for 'not paying their fair share', etc.etc.

      I propose that if you want to have an actual *civilized* society you are going to allow the people to deal with the necessities of life without having a large all encompassing government system to dictate and oppress nearly globally. I propose competition, I propose that some people shouldn't be forced to pay anything for any other people. I propose competition of ideas, where people solve their issues privately.

      AFAIC we can build not only roads but everything completely privately, from hospitals and universities to factories and roads and bridges and power grids and communications. Telegraph was not a government invention, nor was the radio, nor was the Internet depending on government as much as people like to believe. The Internet depends on free protocols, sure, but this is not the only way to run it and not paying for products and services is not a concept that the government invented. People donate ideas and time without government interference and they would do more if there weren't taxes, and of-course you are benefiting much more if you are only shelling out 30% than many people who have to shell out much more of their marginal income towards this collectivised system that you like.

      You like it because you believe you are getting more out of it than you are putting in. This may be true if taken out of context. Out of context and in the system that we have *today* it seems to you that you are getting more than you are putting in. However so much is stolen by the system from the economy that in reality you are getting screwed and you are not aware of it.

      You are getting screwed with the government manipulating the interest rates and creating inflation where there would be none. You are getting screwed where the investments are stolen from people who save and redirected to people who consume what was stolen, thus the innovation doesn't actually happen, the prices are higher than they would be, the products are fewer and they are mostly made somewhere else, so you are also getting screwed because in your system the jobs are really leaving (and many left already) because it is actually easier to leave now than to fight this economic entropy bestowed upon our civilization by the collectivist ideology.

      I see private roads and bridges, I see private infrastructure, electrical systems, farming, food processing, transportation, communications, education, health care, entertainment, clothing and sheltering of people as something that people need and thus they create it to satisfy their own demand and hopefully to get filthy rich satisfying the demands of millions and even of billions.

      The governments sees this as the opportunity to steal, to gain and retain power, to sell favours, to wage horrible wars and to control people who are living in fear of what the government will come up with tomorrow.

      I am not talking about finding efficiencies in this system, I am talking about this system collapsing because the very point of government is to grow at the expense of everything else. Power does not let go of power, it accumulates power and to do so it demands all of the energy of all the participants, willing or otherwise. The energy is not infinite but the desire for power is infinite, thus this always must end in some form of a disaster and it is ending and it is a disaster. I don't hold my breath believing that the end of this system will bring about the age of enlightenment.

      The age of people not trying to steal from others by yet another collectivist effort but instead to earn what they keep by working to the best of their ability. I don't hold my breath, thus I plan accordingly and I advise others to plan accordingly as well. So do avoid paying taxes as much as you can, that's for your own benefit.

    28. Re:except they make the rules by roman_mir · · Score: 1

      By the way, I agree, there is very little in the way of having an actual free society somewhere in the world today, that's why we are not a civilized people. We have tried and are still trying here and there. USA was a fine attempt, Singapore is an attempt, Switzerland, hell, China is an attempt. It's an attempt but it is not what I really am talking about.

      But I do have some reading material that I recommend, Friedrich Hayek and nearly any of his books, try The Road to Serfdom. You can find it here. Mises.org is a good resource if you are interested in history not as it is officially laid out but something different for a change. Peter Schiff is one of two sons of Irwin Schiff, who died a political prisoner in USA a couple of years back, Irwin provided very well thought out reading material of his own, I mean he even put together a kids book on the subject.

      There is plenty to think about, don't assume that what you are seeing around you is what should be or what could be or some finalized version of what will be.

    29. Re:except they make the rules by Ol+Olsoc · · Score: 1

      i know i'm feeding a troll here; but what would you propose instead of taxes to pay for all the services you (directly and indirectly) consume.

      bake sales?

      cricket chirps.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    30. Re:except they make the rules by Ol+Olsoc · · Score: 1

      So "free market" built the interstate system? That's an interesting argument you got there.

      The useful ignorant have been convinced that crypto anarchy is the way to go. Zero taxes, and all guvmint services free.

      tha's how during th eKenyan terror babies they could unironically hold up signs that said Keep your government hands off my medicaid!

      That's how a woman I know who hates government in all of its forms believes she is entitled to entirely free healthcare for the rest of her life because her now deceased husband served in the military. She is also a big believer that she should pay no taxes at any level.

      That's how if you give them a list of things that should be cut in order to enable their no taxes agenda they have a rough time coming up with anything they want cut. On themselves. The other are all cheating, but they need their benefits and services. And free healthcare. And roads. And snow plowing, and natural disaster help. And a big military,

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    31. Re:except they make the rules by Ol+Olsoc · · Score: 1

      I'm with you. Governments are fucked up. They are corrupt. They are going to bend the average citizen over at every opportunity.

      This is true. It's because people are corrupt, people are fucked up.

      The only saving grace of Guvmint is that it has people that stand in the way of each others not so enlightened self interest. Doesn't always work, but beats the shit out of the alternative

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    32. Re:except they make the rules by Ol+Olsoc · · Score: 1

      How big a haircut are you willing to personally so that Apple can do it's civic duty and pay all the taxes on that repatriated capital.

      Sure, let's take that to the logical end. Why have any corporate tax law? Why have taxes? They just lower the stock price.

      I want to be clear, I'm not some Randian claiming that tax is theft and all that crazy stuff.

      I'm claiming that Apple and Google are acting rationally, and put in a similar situation I'd expect most people here to act the same.

      The solution is not to say "oh, Apple must be evil now", the solution is to recognize that "oh, Apple is responding to some really strong incentives when it takes all these strategies to reduce its taxes, if we fix those incentives then Apple and a lot of other companies will start paying more tax."

      Kinda weird that Apple and Google are abusing the tax system for profit, and the rest of the US business community hasn't. Who knew?

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    33. Re:except they make the rules by Anubis+IV · · Score: 1

      Oops, that was supposed to say $4.67M, not $4.67B. Off by a few orders of magnitude with that number there.

  56. Government is the problem by erp_consultant · · Score: 1

    Once again, we have two situations - repatriation and immigration - that were caused by government. Specifically government inaction. The tax loopholes that have allowed companies to legally stash money offshore have existed for years. Both democrats and republicans are to blame for this. Trump says he's going to do something about it. We'll see.

    The immigration mess is a classic government bungle. The last official amnesty - back in the Reagan years - was supposed to solve the problem. Obviously it did not and we are still arguing about building walls and keeping out "foreigners" that are "taking our jobs". Meanwhile, the legal immigration system is still broken and people that want to get in legitimately are waiting literally years to have applications processed.

    The Veterans Affairs disaster that Cook refers to is spot on. It is an embarrassment that wounded and disabled war veterans are treated the way they are. Arizona, by the way, has the worst VA division in the whole country and John McCain has been a Senator in that state since dirt was young. One of the biggest Neo-cons in the entire government and his state comes dead last in the care and treatment of veterans.

    Sadly, the government is full of John McCains.

    1. Re:Government is the problem by Anonymous Coward · · Score: 0

      Corporations favor immigration because it grows their customer base without expending additional resources complying with individual country's regulations/laws. It also has the benefit of suppressing wages.

      Which is why they are all in favor of visa immigration. It gives them cheap, compliant labor that won't leave for a better job. And it's not limited to the tech sector (or even agriculture). I've been hearing stories of pharmacies replacing their workers with H1-B visa workers. Foreign welders are brought in instead of local ones.

      Our leaders have also ignored illegal immigration because "they do jobs that Americans don't want to do" (a.k.a. employers are too cheap to pay higher wages). Said employers no doubt donate quite heavily to politicians during election seasons (or they have trade groups that do the same thing).

      This is insanity. It hurts American workers, especially anyone trying to climb out of low-wage work into skilled labor.

      For illegal immigration, a wall isn't needed. The government just needs the balls to arrest the employers of illegals. After that, none of them will be hired and they'll go home.

      For visa workers, there needs to be a hard cap on applications. The companies will bid on the visas and that should limit them from being used for cheap labor.

      The classic Libertarian "government is the problem" shtick isn't going to work. Current government policy is the problem, not the government itself.

  57. At The End Of The Minute of Fame by Anonymous Coward · · Score: 0

    Timmy Cook is just a queer.

    No one gives a shit about what he cares about, talks about or writes about.

    And one minute after that one minute of fame, no one will remember.

  58. Re:Sentiment is worthless. Action matters. by apoc.famine · · Score: 1

    Apple could do two easy things to increase jobs in the US: 1) Pay their apple store employees more, and provide better training and benefits, and 2) reduce the cost of iThings.
     
    The net result would be people with more money, able to spend it on more things. That drives the economy, and ultimately produces jobs. An even better impact of this is that money is then taxed, both as income tax and sales tax, and the resulting economic activity is taxed, and we're now injecting more money into the country as a whole.
     
    Instead they have enough cash on had to buy something like 100 million iPhones at market prices and hand them out to people. That's not helping the economy in any appreciable way. If that was injected back into the economy, it would be a definite benefit.

    --
    Velociraptor = Distiraptor / Timeraptor
  59. way to put it to productive use by Dareth · · Score: 1

    I believe they are using an eco-friendly green composting method to get rid of their extra cash. But it keeps on rolling in, so even they get a bit behind and have to pile it up and wait for a compost pit to free up.

    --

    I only look human.
    My mother is a halfling and my dad is an ogre, so that makes me an Ogreling
  60. Re:Sentiment is worthless. Action matters. by barc0001 · · Score: 1

    > Jobs are necessary to do things ... However, you only need to produce more iPhones when people are buying more iPhones.

    Gee, it's too bad that Apple couldn't possibly develop new lines of products with some of that money, what with all the product lines that people will ever buy already invented.

    Good thing for them that iPhones have been a staple of the company since its inception in the 70s or who knows what they would have done.

  61. Pulling out of the Paris by Anonymous Coward · · Score: 1

    "Pulling out of the Paris climate accord was very disappointing."

    He's a liar, Apple makes products which are made to not last, which are not serviceable, for the profit. Fine, but then say so, and admit it's not good for the environment. They are climate leeches. Cook is also an Al Gore, with a huge carbon footprint far above average because he doesn't give a fuck about the climate, just about being a rich hypocrite mother fucker. This is just marketing to people so people can buy more of his products which are bad for climate, while simultaneously circle jerking that they care so much.

  62. actions louder than words by Texmaize · · Score: 1

    Saying the right things is different than doing them. I think you are getting them confused. If he went balls to wall trying to work with this administration, especially in areas where there was common ground, you would be absolute correct. But the reality is far from it.
    ,br> Even in areas where Tim Cook preachers, it is just hype. If you wan't social programs, then you have to pay taxes. You don't HAVE to use the loop holes. You could be an example of a socially responsible company. Keep in mind Apple's capitalization. They can afford to do the right thing. But is easier to talk about other's doing it.

    Time Cook pretends to be green. Yet, he ignores the environmental disaster that is the company that he runs. Making semiconductors is toxic. I am sorry if you never thought about. The chemicals used in masking etc are not anywhere near ecco-friendly. Putting up some solar panels but doing your manufacturing in China so you can ignore environmental regulations and pollute the shit of things for cheap, does not make you green. (read Jobs' book, its in there).

    While we are on the topic, Tim Cook made decisions that caused the Mac to be non-upgradable. He changed things like the iMac so memory was soldered to the board and sealed the computer so the hard disk could not be replaced. This ensures obsolescence. So, even if you can accept the green cost of making a computer, then a responsible person would want to get all the life out of it that they could. This would be environmentally responsible, right? Apple does the opposite.

    So, yeah, people don't Apple and Tim bash because they just need a villain. They do it because there are some good reasons. No one likes people who say one thing,and do another. Especially when they carry a holier than though attitude.

    Ps. My bet is ol' Timmy is that he donated to many of the organization that lead the Nazi Hodgkinson assassination attempt yesterday. Blood on the hands can make one contrite.

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
  63. A common grammar. by HalfFlat · · Score: 1, Insightful

    Reading this was almost painful: Cook, like Trump, appears to be aiming at primary schoolers when it comes to complexity of expression.

    Sentences have on average fewer than nine words each and the majority are extremely simple in structure — the text has a Flesch–Kincaid grade level of only 4.5. He uses the word 'thing' instead of a more specific word or phrase on five different occasions.

    As with Trump, this lack of nuance and basic level of language seems at odds with what we would expect from the role. Is this really appropriate from a CEO of Apple?

  64. Re:Create jobs? You start first Apple by Anonymous Coward · · Score: 0

    Focusing on the IT staff is just treating the symptom. The problem at the VA and elsewhere is at the policy level. They can bring in as many IT people, consultants, or captains of industry as they want, but the answer is always the same: "You're doing it wrong." But that's not the answer they want to hear, they just want a quick fix to get things up and running quickly without spending much money. And so we get countless enormously expensive incompatible systems that don't do the job in the first place. It goes something like this:

    Consultant A: "You need a complete overhaul of your governing policies, from document standards to security to processes. Right now, you're violating every regulation on the books, the systems you have in place are harder to use and less effective than pen and paper, and no two people do anything in the same way. There is no way to salvage this, you need to get things in order at the top and roll out systems based on capability requirements derived from applicable regulations and user needs."

    Consultant B: "You need my fancy new proprietary software! It will solve all of your problems, is a snap to use, and is 110% HIPPO compliant! It will streamline your processes, synergize your staff, save you a boatload of money and make you look cool to your friends. It comes with a 100% lifetime guarantee and I totally won't dissolve the company tomorrow after the install is complete and your payment goes through."

    Take a wild guess which suggestion is most likely to be acted on.

  65. Re:Sentiment is worthless. Action matters. by Anonymous Coward · · Score: 0

    Don't blame Timid Timmy. He is following a legend. How well did that work out for Steve Young or Danny White? Timmy is just a left coast c@#$ S@#$#er so his views are set from that. Timmy has to talk a good game, but his job is to save his company money and he does not have the imagination to come up with "Insanely Great" products. Apple will slowly drift into the dust like IBM and Sears and other big companies that have lost their founders. If they wanted to help save the world, they would be investing in a better battery(no toxic residue in its creation). Or put solar panels on the laptops. or other "Insanely Great" ideas.

  66. Re:Sentiment is worthless. Action matters. by painandgreed · · Score: 1

    The have billions of dollars (in foreign currency). However, it is doubtful that these money can be used to create jobs. Jobs are necessary to do things. For example produce iPhones.

    How about hire people to build new Mac computers. They haven't really done anything in three years. Part of that is that they scavenged people from the Mac side of things to build iPhones. Meanwhile, Tim has stated they expect people to buy a new Mac computer every three years, but there literally hasn't been a new Mac Pro to buy in over three years.

  67. Re:Create jobs? You start first Apple by Anonymous Coward · · Score: 0

    If you need a highway, you build a highway.

    If your house is on fire, you pay someone to put it out.

    Yeah, that will work out alright for everyone.

    Until the gov built the national highway system, that's how people thought.

    Until the gov created the fire department, that's what people thought.

    You are not self sufficient. You use MY tax dollars every day. Even now. You do live in a society.

    You cannot just let people die in poverty because they didn't pony up for outrageously priced insurance.

  68. Re: Sentiment is worthless. Action matters. by Anonymous Coward · · Score: 0

    Please link me to a source or article where Tim Cook was quoted as saying that.

    "We don't believe you, you need more people"-
    Jay Z

    Thank you.

  69. Re:Create jobs? You start first Apple by Anonymous Coward · · Score: 0

    Umm, the United States is the most powerful nation in the history of mankind. Every unemployed person in America could be given a job rebuilding our infrastructure and public places and paid a wage consistent with the national average without any negative impact on the country. In fact, because so much new money would be created by people who need and want to spend it, we would have a booming economy.

    Apple may have billions of dollars, but those dollars were created under the authority of the United States of America. As the most powerful nation in history, it can create an unlimited quantity of dollars to do as it wishes. It is limited only by the ability of that political capital to effectively organize society.

  70. Re:Create jobs? You start first Apple by painandgreed · · Score: 1

    IT, computer systems, and hospital billing are such a clusterfuck any solutions in healthcare that don't address them are a waste of time. Single payer fixes nothing when hour long services and bags of mostly saline solution are billed at the same rates as luxury SUVs.

    And as somebody who has dealt with all those, the problems are almost all caused by the insurance companies and the way they manipulate every hospitals MCR to play them off against each other and smaller clinics.

  71. Re:Sentiment is worthless. Action matters. by Anonymous Coward · · Score: 0

    You realize he is legally responsible to put shareholders' interest first?

  72. Re:Sentiment is worthless. Action matters. by Anonymous Coward · · Score: 0

    Sorry, but what public good is Elon doing? I mean sure, everyone loves electric cars and flying to Mars is a great goal, but its not like he is solving world hunger or bringing peace to the middle east. In fact you could argue he *us* a detriment to us all... since he has taken almost $5 Billion of government subsidies to do what he is doing (and is still not profitable at that).

    The guys is clearly a genius, but public good? Not so much.

  73. Paris climate accord? by Anonymous Coward · · Score: 0

    Wait, whether you even believe or not in man made global climate change the Paris climate accord is not applied equally across the board. Only a couple of countries, USA in particular, is paying the tab. I am all about being a good custodian of our planet, but come on...

  74. Shocking by farble1670 · · Score: 1

    I've pushed hard on immigration.

    CEO of company that depends on hoards of skilled immigrants to keep it's stock price inflated fights for unencumbered immigration.

    Shocking.

  75. Re:Sentiment is worthless. Action matters. by WrongMonkey · · Score: 1

    If you're doing even 1/10th of the public good as Elon does, then you deserve your billions.

    Interesting metric. But how exactly do you quantify the public good that Elon Musk has done? There have been a little over 150,000 Telsas produced. If each Telsa offsets the average CO2 emisssions per ICE vehicle (5 metric tons/year), then Musk has reduced the total global CO2 output by about 750,000 metric tons per year. 1/10 of that is 75,000 metric tons per year. Compared to the 36 Billion metric tons of CO2 output per year, that doesn't even amount to a rounding error. The Koch brothers have done far more by pushing for the switch from coal to natural gas.

    Maybe lets try SpaceX. SpaceX has launched 13 rockets under NASA contract. The Falcon 9 costs $60M to launch compared to the equivalent ULA launch cost of $380M. Altogether, Elon Musk has save the US tax payers a total of about $4 Billion dollars. That's $32.70 per taxpayer. 1/10 of that public good is $3.27 per tax payer. Again, I'm not sure that amounts a public good worth mentioning.

    It's worth noting that both SpaceX and Tesla were started as private companies (and SpaceX is still private) precisely because Elon knew he could never get away with such risky behavior as a public corporation.

    It's worth noting that since becoming a public company, Tesla stock has been vastly overpriced precisely because the public overestimates the impact it is having.

  76. Re:Create jobs? You start first Apple by Anonymous Coward · · Score: 0

    In comparison, the federal government had a budget of 4 trillion dollars. Per year.

    It shouldn't even have one penny. Per ever.
    --
    roman_mir

  77. Re: Sentiment is worthless. Action matters. by Anonymous Coward · · Score: 0

    People keep saying that here, which I don't understand simce it is a pile of horse shit

  78. As if by Anonymous Coward · · Score: 0

    Either Cook or the Republican-led US government cares about veterans. Give me a break, even reps who were veterans don't care about vets.

  79. @TimCook an idea to fix the environment by Anonymous Coward · · Score: 0

    Maybe produce your products somewhere that "suicide nets" aren't needed.

  80. Re:Create jobs? You start first Apple by drinkypoo · · Score: 1

    The only reason for Apple to sit on a pile of cash that large is because they cannot figure out something productive to do with the money. So they should either return it to shareholders or find some way to put it to productive use.

    There's another explanation. Tim Cook has no idea how to make Apple Great Again. He's no fucking Steve Jobs. He has none of the traits except the boring fashion sense. So they're sitting on the cash in case Apple goes through another long stretch of failure.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  81. Re:Sentiment is worthless. Action matters. by drinkypoo · · Score: 1

    Compared to the 36 Billion metric tons of CO2 output per year, that doesn't even amount to a rounding error. The Koch brothers have done far more by pushing for the switch from coal to natural gas.

    Natgas is based on fracking, which means injecting refinery wastes into the ground and hoping they don't pollute the water table. And the prices aren't exactly low like they used to be.

    Maybe lets try SpaceX.

    You don't count advancing space flight technology as beneficial to the human race?

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  82. Re:Sentiment is worthless. Action matters. by WrongMonkey · · Score: 1

    Natgas is based on fracking, which means injecting refinery wastes into the ground and hoping they don't pollute the water table.

    Can you quantify that risk and compare it to the benefit? How many people are harmed per unit of natural gas that is fracked versus how many people are harmed versus unit of CO2 emitted?

    You don't count advancing space flight technology as beneficial to the human race?

    It is beneficial, but can you quantify the benefit? How much does advancing space flight compare to advancing deep ocean exploration technology?

  83. Untrue. CEOs can do whatever they want with $$ by Anonymous Coward · · Score: 0

    This gets parrotted a lot, but it's 100% untrue.

    A CEO can do whatever he wants with a company's money.
    If shareholders don't like how he is running things, they can push the company board of directors to have him fired. Note that even then, the shareholders do not directly control the CEO.

    Look at Amazon. Bezos ran that company at a loss for many, many years, yet he was in no danger. Hell, he was praised for it.

  84. Focus on jobs? by kiminator · · Score: 1

    His focus on jobs is good? Seriously?

    It might be good if Trump, or any of his advisers, had the dimmest glimpse of a clue of how to add jobs. They don't. Simply having a "focus" is utterly meaningless if you haven't the faintest clue on how to achieve that focus.

    For right now, the economy is doing reasonably well. That could change in a heartbeat if there's another financial crash due to the Republicans gutting financial regulations again.

  85. I understand it. I also understand it's incorrect. by Anonymous Coward · · Score: 0

    It's not too hard to use the word "not" when that is the clear and correct way to word it. Don't excuse basic grammar mistakes. It just makes him sound stupid.

  86. Re:Sentiment is worthless. Action matters. by drinkypoo · · Score: 1

    How many people are harmed per unit of natural gas that is fracked versus how many people are harmed versus unit of CO2 emitted?

    False dichotomy.

    How much does advancing space flight compare to advancing deep ocean exploration technology?

    That's a worthwhile argument, and my point was only that it should be accounted for someone. Probably there is some research on the subject.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  87. Trump Supporters by Anonymous Coward · · Score: 0

    Are fucking retards!

  88. Allowed Depends on Interpretation by Roger+W+Moore · · Score: 1

    Do you not take every deduction you can? Do you offer to pay more tax than you have to?

    No, but if I had an income of several hundred million dollars or more and aggressively interpreted the tax law so that I ended up paying next to nothing in tax then I would expect to get audited to within an inch of my life. Somehow, strangely, that never seems to happen to large companies so their potentially dodgy, extremely aggressive interpretations are never really tested in court.

    It is this extremely aggressive interpretation of tax law which needs to be taken to task. Simply taking them to court, even if you lose, is likely to curb this behaviour since it shows you are not asleep at the wheel and defending their tax choices in court costs money which provides some motivation to not steer too close to the edge of legality.

  89. Police and Fire Services? by Roger+W+Moore · · Score: 1

    Vets EARNED the use of all of those professional services, materials, and people's skills by putting their lives on the line

    If that's the criteria then I hope you also provide free health care for those who serve in police and fire services even after they no longer serve in them.

  90. Re:Sentiment is worthless. Action matters. by thegarbz · · Score: 1

    You're thinking globally not locally. Cook has the power to distribute heaps of jobs. He just chooses to put them in China.

  91. Cook on politics and healthcare delivery in the US by jbn-o · · Score: 1

    Not just a tax avoiding company, but led by one who seems to value glib vaguely-feelgood nonsense akin to President Trump's 'make America great again': "I care deeply about America. I want America to do well. America's more important than bloody politics from my point of view.". Dealing with politics is part of dealing with the very topics he goes on about such as health care delivery. If Apple or Cook cared as much as he claims (which is a bit confusing since he clearly wants us to believe he cares but he also says "I could give a crap about the politics of it" which some people erroneously say to mean they don't care but the misstatement actually means they care), then he'd support universalizing Medicare. HR676 does this on a national scale, and Apple should endorse this and encourage California's Congresspeople to help bring it to a vote and vote for it. Apple doesn't just have employees in California, after all, they've got a lot of employees in other US states all of whom deserve health care as a right.

  92. Re:Sentiment is worthless. Action matters. by prefec2 · · Score: 1

    He also chooses to sell Apple products in Europe with a 10-20% higher price. Why does he do that? Because of capitalism. Capitalism is about getting as rich as possible without hesitating to harm others (as long as it does not harm your profits). In addition you can also have a conscience and support act against climate change or poverty. However, as a company or corporation you have to put that aside. If you want to change that you need regulations and taxes. Unfortunately, the present US government is not going in that direction nor will the EU go in that direction.

    Regarding jobs in China. In the beginning Apple moved some tasks to China, because they were cheaper. Then the US lost the skill to do certain tasks. Now the Chinese have the knowledge how to efficiently build phones. The VR China also invested in its education of workers and is determined to support growth in highly educated jobs. This means even on an level playing field, these jobs will not come back to the US. The next step in China is automation. At Foxcon they replace skilled Chinese labor with in place robots which can handle the same tasks and can learn what the need to do. In the beginning they bought robots from ABB. However, they also invest in their own robot companies and just bough one of the leading companies in Germany. Therefore, these jobs will go to robots. If Apple would move production back to the US, they would also use these robots.

    What need to do instead is to tax companies so you can finance a basic income for everyone and healthcare for every one and basic housing for everyone etc. Then you need to provide good education. What you do not need are jobs in coal. You have to look how you can shape the future actively instead of trying to prolong the past.

  93. Re:Sentiment is worthless. Action matters. by prefec2 · · Score: 1

    Do you not understand the concept example? Of course they can come up with new products. However, you need MONEY to buy them (see our economic system is called capitalism and it is money driven). If the people do not have more money, they cannot by new products. Therefore, there is limited growth. Therefore, companies limit investments. Furthermore, companies only innovate and invest, if that will result in more money for them. And just as another example. Lets say Apple invests in new computer factories, as they sell a new cheap consumer computer for the masses. But the masses do not have more money. Then they cannot buy other things. Then they might by an Apple instead of a Dell, and therefore all jobs created at Apple are lost at Dell. As workforce you have gained nothing.

  94. Expertise by dcw3 · · Score: 1

    I feel a great responsibility as an American, as a CEO, to try to influence things in areas where we have a level of expertise.

    And what the hell makes Cook an expert in the fields of immigration and climate? Clearly, his interest in immigration is all about driving cost down, and H1-Bs. I'm not saying Mr. Cook's positions are right or wrong, only that he's not the right person to be influencing decisions on either of these topics.

    --
    Just another day in Paradise
  95. Re:Sentiment is worthless. Action matters. by Anonymous Coward · · Score: 0

    Maybe I'm just falling prey to a sampling bias, but it seems like the fantastically wealthy of the past felt more of a responsibility toward the perpetuation of society and institutions than those of the present do. Even though many (most?) of them were total scumbags, like Rockefeller, they still had philanthropic interests and set up institutions. The prevailing interest now seems to be personal enrichment at the expense of society.

  96. Re:Sentiment is worthless. Action matters. by thegarbz · · Score: 1

    So you're agreeing with everyone in the thread then. Apple and cook could do better but chose not to while paying lip service that he will (and with the grammar skills of a tween dropout while he's at it). Glad we cleared that up.

    Now the Chinese have the knowledge how to efficiently build phones.

    Showing how you don't understand the phone supply chain at all. Here's a hint: The Chinese build what they are told and how they are told and charge accordingly. The knowledge of efficient phone design and assembly is Apple's. But really you're trying to do is justify the actions of the future while really you're excusing the actions of the past. In either case, Tim Cook *couldn't* care less about Americans.

  97. Re:Sentiment is worthless. Action matters. by prefec2 · · Score: 1

    Showing how you don't understand the phone supply chain at all. Here's a hint: The Chinese build what they are told and how they are told and charge accordingly. The knowledge of efficient phone design and assembly is Apple's.

    There is a difference in designing a phone and manufacturing one. You need knowledge in both to mass produce phones. Of course a designer could think about the production process, but he has no experience in actually running a factory. For example, when Fairphone searched for an manufacturer in Europe, they could not find one. Even though there are companies producing embedded systems. However, phone production is too different from their present production principles that they did not make an offer. Therefore, the devices were produced in China.

    But really you're trying to do is justify the actions of the future while really you're excusing the actions of the past. In either case, Tim Cook *couldn't* care less about Americans.

    No, I am not. I am telling you that why the companies act the way they do. If you are unhappy with their motivation, change their motivation (the companies motivation).

  98. Re:Sentiment is worthless. Action matters. by taiwanjohn · · Score: 1

    Interesting metric. But how exactly do you quantify the public good that Elon Musk has done?

    Good points, but I wasn't proposing a metric, just a rhetorical flourish to emphasize the difference between actually building things vs. simply contriving some "genius" financial instruments that shave off a few basis points for the investors. I chose Musk as the example because he, more than most, has an explicit "mission" to help humanity with his companies -- cheaper access to space for SpaceX and accelerating the advent of EVs for Tesla.

    It wasn't that long ago (a couple-hundred years) that corporations were required to state the public good they would serve in their charters. (Typically it would be something like building a bridge or some other public infrastructure.) Nowadays, a corporation's only responsibility is to its shareholders, with no explicit regard to the public good.

    As for the "Musk" rule: Tesla's mission is to accelerate the adoption of electric vehicles; SpaceX's mission is to reduce the cost of access to space, and thus to facilitate the colonization of Mars. Henry Ford's mission was to bring cheap transportation to the masses. Meanwhile, what has Jamie Dimon done for the public good lately? (Oh yeah, he helped to crash the global economy...)

    My "Musk Rule" is simply a yardstick to measure which of these billionaires are actually "earning" their wealth by doing good for the public versus those who are simply skimming a percentage off the markets without actually "contributing" much to the public.

    The "public good" is a difficult thing to quantify, as you make clear. But I think it's pretty easy to get a "gut" reaction to any enterprise, and determine whether you think they "deserve" their billions.

    --
    XML is like violence. If it doesn't solve your problem, you're not using enough of it. --AC
  99. Re:Sentiment is worthless. Action matters. by prefec2 · · Score: 1

    If it would have a business, they would have invested in that area. Unfortunately, they thought there is no profit in that area. (Under the assumption, that you are right about no new Mac computers).

    Capitalism works that way that you only invest when you can make a profit. If the consumer base does not have more money, they cannot buy things. So you do not produce more things, because no one would buy them.

  100. Re:Sentiment is worthless. Action matters. by WrongMonkey · · Score: 1
    Jamie Dimon (or most anyone else in finance) would tell you that they are facilitating transactions that make it possible for people to buy homes, start businesses, plan for retirement, etc. Unless you hide your money under the mattress and pay cash for everything, then Jamie Dimon (or someone like him) is providing a service that you depend on. Elon Musk initially acquired his wealth through a very similar company (PayPal).

    The problem with your criteria, even rhetorically, is that every successful business exists to fill a need and serve the public good. I think you would be hard pressed to find any successful company that doesn't mean your criteria.

  101. Re:Sentiment is worthless. Action matters. by taiwanjohn · · Score: 1

    Yes, that's the obvious counterpoint, but seriously... how many "regular" people are actually benefiting from Jamie Dimon's efforts? Precious few.

    From the early 1800s to the 1970s, worker compensation increased apace with worker productivity, but ever since Reagan productivity has increased with no benefit to the worker. (This is not entirely Reagan's fault, the start of this trend predates his term of office, but he was quite happy to accelerate the process.)

    More than half of Americans are currently living paycheck to paycheck, with only a few hundred bucks in the bank. Does that strike you as a "healthy" economy?

    Since the crisis in 2008/09, 99% of all new income has gone to the top 1%. Does this serve the public good?

    I'm too lazy (at this hour) to google the exact numbers, but something like 90% of all stocks and bonds are owned by less than 2% of the population. Thus, even legitimate financial wizardry has little benefit for the average Joe.

    --
    XML is like violence. If it doesn't solve your problem, you're not using enough of it. --AC
  102. Lost me by the second sentence... by kenh · · Score: 1

    I feel a great responsibility as an American, as a CEO, to try to influence things in areas where we have a level of expertise. I've pushed hard on immigration.

    And how, exactly, did Tim Cook become an 'expert' in immigration?

    By hiring them?

    By sitting next to them in meetings?

    By having immigrant neighbors?

    By reading the newspaper/watching news reports on TV?

    He seems to think his success at Apple somehow translates into expertise in political and governmental issues. He's free to have his own opinion, but possessing an opinion doesn't render one an 'expert' in the subject.

    --
    Ken
  103. Re:Sentiment is worthless. Action matters. by WrongMonkey · · Score: 1

    how many "regular" people are actually benefiting from Jamie Dimon's efforts?

    That is a completely different criteria that just "public good". How many "regular" people can afford a Tesla? How many "regular" people are going to colonize Mars?

    but something like 90% of all stocks and bonds are owned by less than 2% of the population.

    The "regular" person might not own stock, but if you depend on goods and services from publicly traded companies, then you benefit from the existence of healthy financial market.

  104. Re:Sentiment is worthless. Action matters. by Anonymous Coward · · Score: 0

    The problem with your criteria, even rhetorically, is that every successful business exists to fill a need and serve the public good.

    Only on a very semantic level.

    As a cursory level of research, here's the wiki

    https://en.wikipedia.org/wiki/...

    "In economics, a public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others"

    So for Tesla or SpaceX, the actual car or spot on a space launch isn't the "public good". If I buy a car, that's one less car you could have bought. If I bought a spot on a rocket, that's one less spot for you. Heck, if I'm driving on a public road, that's one less spot for you on the road!

    The "public" part is the stuff that isn't depleted when people use it. Tesla and SpaceX provided us knowledge and spread the idea about electric cars and spaceflight. And for a public road, me being on the road may *technically* deprive you of some physical space, but it doesn't *effectively* deprive you of using the road.

    Given that definition, not all businesses serving the same amount of "public good". Every business may have some public good component, some part that isn't (effectively) depleted when people use it, but how much of it differs between business to business.

    For financial services, there really isn't a whole lot of public component. How much money there is to lend or borrow does get depleted when one person uses it. You can't print money or fake it forever, as multiple financial crises has shown.

  105. Re:Sentiment is worthless. Action matters. by quax · · Score: 1

    Jamie Dimon didn't get to his position by running retail banking.

    The dollar value on the derivative books these days is larger than all net activity in the non financial sector of the economy.

    http://www.economist.com/blogs...

  106. Re:Not scientists [Re:What if anything do you know by will_die · · Score: 1

    "Oxford Martin School" releases research papers under the school name from multiple scientists.
    Carol Smith also does more that journalism, including research which makes her a scientist under current climate research definitions.
    That is surprising for David Brubaker since he has been working there for years, but then again that link does not list people listed on the John Hopkins web site as working for them, so it does not look to be complete.

  107. Re:Sentiment is worthless. Action matters. by Anonymous Coward · · Score: 0

    That's right. Public companies can have a huge growth spurt when they get their IPO, and their equity holders can get a startling payday, but the other side is they then don't have control over how they spend money. Even though in American shareholders have less power than in other countries, still big shareholders can complain if you, say, raise wages over the absolute minimum you can get away with. Investors want to be paid first, before labor.
    This is why the market, the country, and society in general (yes, there is such a thing) do best all together when competition is unfettered, regulation is strong and well-policed, and anti-trust is enforced. Actually, I think that anti-trust and regulation can be balanced - the more anti-trust, the less regulation is needed because you don't end up with all-powerful behemoths that can influence legislation at their pleasure. Or, go the other way and forget anti-trust, but regulate on a sliding scale with size - there should be a size of company so large, that they would, in theory, not be able to do anything except cope with regulation. What is that size? It's the size that they are so coupled with the nation's functioning that they are too big to fail.
    The problem is that we have both weak regulation and weak anti-trust. The result is that the rules of our society (there it is again!) are not decided by voters but by ubiquitous, enormous businesses.

  108. Re:Not scientists [Re:What if anything do you know by XXongo · · Score: 1
    Nevertheless, "Oxford Martin School" is not a scientist. I'm sorry if you don't understand that a school is not a person.

    neither is Carol Smith.

    On David Brubaker, I'm willing to suspend judgement while waiting for you to tell me what kind of scientist he is and perhaps link to some of his research.

  109. Pathetic by Anonymous Coward · · Score: 0

    You Americans are so pathetic your ultra nationalism and your "we're the best country in the world" and your shitty health care. You don't need only a better heal care, you need less veterans. If every country spent 50% of their taxes on their military, pretty much like you, there would have been two more world wars.