Intel CEO: "Jobs will not be created here" and says Obama's to blame.

Discussion in 'Economy' started by AllieBaba, Aug 25, 2010.

  1. AllieBaba
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    AllieBaba BANNED

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    "Unless government policies are altered, he predicted, "the next big thing will not be invented here. Jobs will not be created here."


    "Intel CEO Paul Otellini, who warned this week that the U.S. faces a huge tech decline.

    "(Credit: Intel) The U.S. legal environment has become so hostile to business, Otellini said, that there is likely to be "an inevitable erosion and shift of wealth, much like we're seeing today in Europe--this is the bitter truth."

    "Not long ago, Otellini said, "our research centers were without peer. No country was more attractive for start-up capital... We seemed a generation ahead of the rest of the world in information technology. That simply is no longer the case."


    Intel CEO: U.S. faces looming tech decline | Politics and Law - CNET News

    Gosh, exactly what was predicted. Imagine that.
     
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  2. Shogun
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    Shogun Free: Mudholes Stomped

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    You didn't read that whole page, did you?

    :lol:
     
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  3. uscitizen
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    uscitizen Senior Member

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    L:MAO.

    Obviously she cut off the article at just the right point.
     
  4. blu
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    blu Senior Member

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    alliebaba is by far the biggest clown this forum has
     
  5. uscitizen
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    uscitizen Senior Member

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    Allie self skewerd herself really well on this one.
     
  6. blu
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    blu Senior Member

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    @ the OP

    :lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:
     
  7. uscitizen
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    uscitizen Senior Member

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    This is what IMMEDIATELY follows what allie posted in the opening post:



    The phenomenon of technology executives advancing dismal predictions and offering pointed critiques of Washington politicking isn't new, of course.

    For instance: In 2005, midway through the Bush administration, Microsoft's Bill Gates told a Washington audience that curbs on immigration and guest workers would provide a boost to research institutions in China and India. A year earlier, then-Intel CEO Craig Barrett warned that the U.S. must dramatically improve its education system.

    That never happened. Nor did politicians follow Gates' advice to rethink laws that led to foreign engineers being kicked out of the country as soon as they finish their degrees.
     
  8. eagleseven
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    eagleseven Quod Erat Demonstrandum

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    If we lose our tech edge, what will we have left?
     
  9. Modbert
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    Modbert Daydream Believer Supporting Member

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    While he has some legitimate points as Bill Gates did about how the guest worker program is broken.

    Bullshit. It most certainly has a great deal to do with wages and regulations. They go to Asia partly because many countries there have little to no regulations. Plus, the majority of U.S Corporations don't even pay a dime in taxes.
     
  10. Mr Clean
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    Mr Clean Gold Member

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    An empire and a war machine.
     

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