● 02.13.09

●● Microsoft’s CEO Pressures the Government to Loot the Public and Help Corporations

Posted in Finance, Microsoft, Steve Ballmer at 8:12 am by Dr. Roy Schestowitz

Good for him, not for the public

LESS than a week ago, Steve Ballmer was reportedly pressuring the new government to "invest in innovation" (typically meaning the investment of public funds in corporations under guises like “security”). Now we hear about Steve Ballmer promoting public looting, which is better known to many as “bailout” or “stimulus” (euphemisms). He takes his appeal right up to the congress.

Steve Ballmer was reportedly pressuring the new government to "invest in innovation"

↺ Steve Ballmer promoting public looting

Microsoft CEO Steve Ballmer, who has been on quite a political tour as of late, sent a letter to all members of Congress Wednesday urging them to quickly pass the stimulus package.

The arguments he makes look familiar. Is he trying to 'pull an Abramoff'? Could it be true that Microsoft will require a bailout as it’s entering debt [1, 2, 3, 4, 5]? Here are some older articles of interest:

'pull an Abramoff'

Microsoft will require a bailout

Ballmer says Microsoft not immune from global crisisBallmer: Congress must ‘stabilize’ financial crisisMicrosoft loses 90 Billion DollarsMicrosoft, Cisco to lose $4.3 Billion as investment banks cut costMicrosoft will be hurt by financial crisis, RBC analyst saysMicrosoft’s Market Cap Falls $24B in 17 DaysFormer Microsoft Manager Gets 2 Years In JailSEC Foresees Rise in Fraud CasesMicrosoft’s Accounting Under Scrutiny

As a bit of historical background, the United States has a long and well proven tradition of funding technology projects using tax money or newly-issued debt, but it is usually marketed to the public as something in the interests of “security”, defending the value of capital(ism), keeping the country ahead in “innovation” and so on and so forth. Ultimately, however, the fruits of such works are not returned to the public that paid for it. Instead, the assets are handed over to private hands which not only possess what ought to have been public but also use it against the population. Examples include companies like Boeing and it’s no accident because that's just how the system is intended to work. █

that's just how the system is intended to work