Tag Archives: Tim Cook

In Apple Case, Feds Green-Light Corporate Discrimination Against Conservatives, by Justin Danhof

Silicon Valley cherishes all diversity except diversity of thought and opinion. From Joseph Danhof at thefederalist.com:

It’s time for Congress to take notice of the role the SEC plays in shaping corporate proxy ballots — and how that process is empowering corporate America’s march to the left.

It’s 2020, and the federal government just sanctioned corporate blacklisting of employees and potential hires based on political affiliation.

You could be forgiven for thinking I am describing 20th-century McCarthyism, or 17th-century witch trials, or even a twist on a George Orwell novel. But sadly, no. It’s 2020, and it appears much of our government’s historically backward thinking remains.

A few months ago, we at the Free Enterprise Project filed a shareholder resolution with Apple. Our proposal sought to have the Silicon Valley mainstay amend its equal employment opportunity policy to protect individuals from viewpoint discrimination. We thought it a simple request.

After all, Apple — as with most major American corporations — already has protections based on race, gender, and sexual orientation. Some companies, such as Walmart and Coca-Cola, already protect viewpoint diversity by explicitly safeguarding employees from retribution for private political activities. Not Apple. Upon our request for Apple to implement similar policies, its lawyers recoiled with vigor.

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Tariffs on China Do Not Solve Lack of U.S. Competitiveness, by Tom Luongo

Maybe China does some things better than the US. From Tom Luongo at tomluongo.me:

I’ve been making arguments for months that Donald Trump’s trade war with China is the height of stupidity. While Trump has the power to do what he’s been doing — sanctioning actors and applying tariffs — some power is best left not used.

The simple fact is that America is uncompetitive. This is at a deep and structural level. It’s at an education level. And this is something Trump’s trade team and his adherents refuse to admit.

When it comes to manufacturing and assembly, U.S. workers are not worth the money they are paid. Period.

Don’t take my word for it. Take Tim Cook’s. In an eye-opening interview from the end of 2017 Cook explains the basic problem with the U.S.

And China has an abundance of skilled labor unseen elsewhere, says Cook:
“The products we do require really advanced tooling, and the precision that you have to have, the tooling and working with the materials that we do are state of the art. And the tooling skill is very deep here. In the US you could have a meeting of tooling engineers and I’m not sure we could fill the room. In China you could fill multiple football fields.”

Cook credits China’s vast supply of highly skilled vocational talent:

“The vocational expertise is very very deep here, and I give the education system a lot of credit for continuing to push on that even when others were de-emphasizing vocational. Now I think many countries in the world have woke up and said this is a key thing and we’ve got to correct that. China called that right from the beginning.”

Is this Tim Cook talking or Mike Rowe?

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Silicon Valley Joins War On Cash: Tim Cook Seeks “Elimination Of Money”, by Tyler Durden

Eliminating cash is an idea whose time will never come. It’s anonymous, which is why governments hate it and people who want to maintain a semblance of their privacy like it. From Tyler Durden at zerohedge.com:

Apple CEO Tim Cook has one big hope for the future – that he lives to see the end of money.

“…I’m hoping that I’m still going to be alive to see the elimination of money.”

Speaking at a meeting for Apple shareholders in Cupertino, California earlier this month, Cook made it clear that he is firmly on the side of the war-on-cash establishment.

“Because why would you have this stuff! Why go through all the expense of printing this stuff and then some people steal it, and you’ve got to worry about counterfeits and all these things,” he continued.

As Apple’s CEO talked about the downsides of cash, BI reported that he became more animated, revealing his real passion about the topic…

“We can provide a solution for the customer that’s simpler, more convenient, you don’t carry around a wallet with a bunch of cards in it, or a purse with a bunch of cards in it,”Cook said.

“And it’s more secure, if you’ve ever had your credit card ripped off, I’m sure a lot of you have, I have, it’s not a good experience.”

Until now, it has tended to be politicians and central bankers leading the call for a cashless society… for your own good.

The enemies of cash claim that only crooks and cranks need large-denomination bills.They want large transactions to be made electronically so government can follow them. Yet these are some of the same European politicians who blew a gasket when they learned that U.S. counterterrorist officials were monitoring money through the Swift global system. Criminals will find a way, large bills or not.

The real reason the war on cash is gearing up now is political: Politicians and central bankers fear that holders of currency could undermine their brave new monetary world of negative interest rates. Japan and Europe are already deep into negative territory, and U.S. Federal Reserve Chair Janet Yellen said last week the U.S. should be prepared for the possibility. Translation: That’s where the Fed is going in the next recession.

To continue reading: Silicon Valley Joins War On Cash: Tim Cook Seeks “Elimination Of Money”