Obama to visit Apple, Google on Thursday

[eppur_se_muova]

It seems President Obama is an Apple man.

The White House confirmed Mr. Obama will meet with Apple CEO Steve Jobs during an campaign trip to California scheduled for Thursday.

Mr. Obama will meet with Mr. Jobs in the San Francisco area on Thursday, to discuss technology’s role in the economy, the White House said.

The president will speak with the Apple CEO on matters concerning the “economy, innovation and technology education,” White House spokesman Robert Gibbs said.
***
In a related note, Mr. Obama is also expected to attend a Democratic Party political fundraising event on Thursday hosted by Google executive Marissa Mayer.
***
http://www.thestatecolumn.com/blog/2010/10/apples-steve-jobs-to-meet-with-president-obama/

[otohara]

1. Tell Google to Pay US Taxes

Google and Other U.S. Companies Dodge Billions in Taxes, Bloomberg Reports
Legal Loophole Allows U.S. Companies to Avoid $60 Billion in Taxes Annually

Google and other U.S. companies are using legal corporate tax loopholes to avoid paying the U.S. Treasury billions of dollars in corporate income taxes every year, according to a new report by Bloomberg News.

"Over the last three years, Google has saved over $3 billion," said Bloomberg reporter Jesse Drucker, who broke the story.

Google, with its informal motto of "don't be evil," employs a strategy called the "Double Irish" to help it pay a tax rate of just 2.4 percent on overseas profits, according to Bloomberg. The corporate income tax rate in the U.S. is 35 percent

http://abcnews.go.com/WN/google-loophole-dodge-corporate-taxes-bloomberg-report/story?id=11939752

[boppers]

2. It's a pretty standard corporate practice.

"What Google is doing is perfectly legal. In fact, Microsoft uses a similar strategy, and Facebook is in the process of doing so, too, Bloomberg reported. All three companies declined to comment to ABC News on this story."

[otohara]

5. Still Is Shameful

shame on them and the Congressional members of both parties who helped create this mess of no taxes and outsourcing jobs.

[Mika]

3. Chinese offshore outsourcers putting Americans out of work. YAY!

YES WE CAN! in China

---

[jmowreader]

4. Tell the sumbitch to reopen his California computer factories!

I think the labor costs are a nonissue: American factories would automate what it takes a whole table full of Chinese workers to accomplish by hand.