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Thursday, January 26, 2012

Jobs and Obama

Posted by on Thu, Jan 26, 2012 at 7:57 AM

CNNMoney:

There's no doubt that Apple is doing far better than the U.S. economy as a whole. But that doesn't mean Steve Jobs had a better jobs record than Barack Obama.

Last night in the Republican's response to the president's State of the Union address, Indiana Gov. Mitch Daniels proclaimed that Apple has created more jobs than President Obama's job creation program did.

"The late Steve Jobs — what a fitting name he had — created more of them than all those stimulus dollars the President borrowed and blew," Daniels said.

The only problem with that nice play on the Apple founder's name is that Daniels' math just doesn't add up, no matter how successful and valuable Apple (AAPL, Fortune 500) has become.
Not even close.

Daniels' math doesn't add up? Is that all you can say? Why can't you say what he actually did? Why can't you simply tell the truth: Daniels lied to the public. And it was a fucking huge lie. One so far away from the truth, that it could not even be an error but only something that was entirely fabricated to deceive people. A lie. As for the those jobs Jobs made: You can find them here.

 

Comments (11) RSS

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Max Solomon 1
politicians never lie, they misinform.
Posted by Max Solomon on January 26, 2012 at 8:35 AM
2
I'm not going to complain about their phrasing. I'm just glad they actually did some fact-checking. Yay for fact-checking by CNN!
Posted by stating the obvious on January 26, 2012 at 9:10 AM
3
Right.
Cause Obama created 3 million jobs.
right after he was through destroying 4 million jobs.....
Posted by its not for nuthin you girls are called Democraps on January 26, 2012 at 9:25 AM
pdonahue 4
HeyCharles; Saw you walk in with David Graeber( Debt: the first 5000 years) at Elliot Bay Books last night. Any thoughts on his collapse of empire = return to virtual money idea? Wondering if you are thinking of reviewing his work.
Posted by pdonahue on January 26, 2012 at 9:38 AM
Supreme Ruler Of The Universe 5

When they talk about jobs (small j) and Apple, they always focus on the assembly workers...but I have to give credit what what they do in retail. Apple stores pay very, very well to their employees, especially the "Geniuses" who I heard can make up to $30 and hour. Of course, Apple stores have the highest revenue per square foot of any in the nation.

And that is truly amazing that when product support is being automated and outsourced, Apple found a way to put customer friendly technologists right back in front of the people.
Posted by Supreme Ruler Of The Universe http://www.you-read-it-here-first.com on January 26, 2012 at 9:44 AM
zombie eyes 6
Mitch Daniels, as Bush's director of the Office of Management and Budget, projected the cost of the Iraq war at $50 billion. It's currently at $3 trillion and counting. He also claimed the federal budget would run surpluses in 2004 & 2005. Not much surprise that he's one of the Republicans allstars.

http://news.yahoo.com/mitch-daniels-bomb…
Posted by zombie eyes on January 26, 2012 at 10:08 AM
zombie eyes 7
Point being, obviously, that he's not really the go to guy in the numbers game.
Posted by zombie eyes on January 26, 2012 at 10:09 AM
8
Of course Daniels is a complete and total liar, and his agenda in Indiana has been the total privatization of that state, along with the destruction of all unions, etc., but that doesn't excuse the other neocon and latest Wall Street spokes stooge, President Barack Obama.

Let's take a closer look at his Council on Jobs and Competitiveness, shall we?

(You may note that the majority of the people, and the organizations they represent, are not only responsible for major amount of American jobs offshoring, but have promoted it around the planet.

Jeffrey Immelt, General Electric chief executive
(see “Secret History of GE”)

James W. Owens, head of Caterpillar
(On boards of the Peterson Institute – whose long-time agenda has been the offshoring of all American jobs, the privatization of Social Security, Medicare/Medicaid, and is the baby of Peter G. Peterson, LBO pirate, and on board of Business Roundtable)

Robert Wolf, chairman and CEO of UBS Group Americas
(Oh great, a guy from the major Swiss bank!)

Mark Gallogly, founder and managing partner at Centerbridge Partners L.P.
(formerly with Blackstone Group, world’s largest private equity LBO firm, Centerbridge is also a private equity, leveraged buyout firm)

Penny Pritzker, chair and founder of Pritzker Realty Group and Classic Residence by Hyatt
(Member of the ultra-rich Pritzker family, questionable bank ownership w/involvement in subprime industry, and you do know about all the anti-labor and criminal behavior at Hyatt, right?)

John Doerr, partner at Kleiner, Perkins, Caufield & Byers
(Doerr has a mixed background, but while he was with Intel, he appeared to strongly support the jobs offshoring program --- Intel lost over $1 billion in the chip project in India, which they belatedly relocated back to America. Doerr also appears to support the privatizing of American education.)

Monica C. Lozano, Director of Bank of America
(BofA director, what more need be said? That she was also on the BoD of Walt Disney Corporation, and the Tenet Healthcare Corporation [from a wiki entry: In the early 1990s as National Medical Enterprises, the company was accused of committing fraud by admitting thousands of psychiatric patients who did not need hospitalization and then charging these patients inflated prices. In 1991, the federal government investigated the company for fraud and conspiracy. In 1993, offices of the company were raided by law enforcement in an attempt to show that the company was defrauding patients and insurance companies. In 1994, the company paid $2.5 million to settle lawsuits from 23 patients at its psychiatric hospitals. Again in 1994, National Medical Enterprises settled fraud charges with the United States and 28 states involving payments of a record $380 million USD at the time and federal guilty pleas on eight criminal counts by two of its units. The company also agreed to a 5-year corporate integrity agreement with the U.S. Department of Health and Human Services.] Also on BoD of a Mitsubishi financial subsidiary.)

Charles E. Phillips, Jr., president of Infor.
(former managing director with Morgan Stanley)

Richard L. Trumka, president of the AFL-CIO

Austan Goolsbee, chairman of Council of Economic Advisers
(Told the Canadian press, during Obama’s first presidential campaign, that all the talk against NAFTA was purely political, and not to be concerned. Goolsbee’s wife is a former management consultant at McKinsey & Company, major promoter and profiter from American and Euro and Japanese jobs offshoring; historically the major PR/mouthpiece for the global banking cartel. Also Yale Skull & Bones)

Christina Romer, former chairperson of Council of Economic Advisers
(Submediocre economist, questionable papers on causes for the Great Depression, not that far removed from Bernanke’s submediocre papers on the Great Depression.)

William H. Donaldson, former Securities and Exchange Commission chairman
(Nixon and Geo. W. Bush administrations, Yale Skull & Bones – also, I believe Donaldson is a member of THE Donaldson family, which married into and became part of the ultra-rich DuPont family.)

Laura D'Andrea Tyson, former Chair of the Council of Economic Advisers during the Clinton Administration
(Long-time position on Board of Directors of Morgan Stanley)

Martin Feldstein, former chief economic advisor to President Ronald Reagan
(Feldstein was a director at HCA when they paid the largest out-of-court settlement for Medicare/Medicaid fraud, Feldstein was a director at Eli Lilly when they had to pay the largest criminal penalty in history for falsely marketing a drug which killed a number of people (over $1 billion penalty), and Feldstein was a director at AIG’s Financial Products group when they were involved in the largest insurance swindle in US history (selling $460 billion worth of credit default swaps without keeping the necessary capital on hand --- received over $333 billion in government bailouts, and still counting, had billions also written off from their losses by the US gov’t – you may have heard of them???))

Roger W. Ferguson, Jr., President and Chief Executive Officer of the Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF)
(Former partner with McKinsey & Company, member of the Group of Thirty, the international group of financiers, created by the Rockefeller Foundation in 1978, which pushed for the removal of “legal risk” in the widespread adoption of credit derivatives, i.e., the primary cause and platform for debt leveraging resulting in asset-price inflation, in other words, massive wealth transfer to the plutocracy. Majority of Group of Thirty members also belong to Peter G. Peterson’s Peterson Institute, also referred to as the International Institute for Economics.)

David F. Swensen, CIO at Yale University
(Former SVP at Lehman Brothers, specializing in swaps.)

The majority of these people also are familiar and socialize frequently with one another as they hold trustee positions at the same, and interlocking, organizations, as well as various BoD positions also at the same institutions.
More...
Posted by sgt_doom on January 26, 2012 at 10:16 AM
pdonahue 9
“@JBennet: Steve Jobs was a great man who contributed hugely to creating a Chinese middle class.”
Posted by pdonahue on January 26, 2012 at 10:18 AM
sikandro 10
@4. Charles already reviewed Debt.

http://www.thestranger.com/seattle/the-b…
Posted by sikandro on January 26, 2012 at 10:27 AM
pdonahue 11
“@JBennet: Steve Jobs was a great man who contributed hugely to creating a Chinese middle class.”
Posted by pdonahue on January 26, 2012 at 11:27 AM

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