Tag: ceo

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Donald Trump Politics

145 CEOs Slam Donald Trump in Open Letter

One hundred and forty-five CEO’s and leaders in the tech industry wrote and signed a letter condemning Donald Trump for his irresponsible rhetoric and the disasters his policies would cause if he is elected president in November.

“We believe in an inclusive country that fosters opportunity, creativity and a level playing field. Donald Trump does not. He campaigns on anger, bigotry, fear of new ideas and new people, and a fundamental belief that America is weak and in decline.”

Here is a small sample of the letter, published on Huffington Post.

We are inventors, entrepreneurs, engineers, investors, researchers, and business leaders working in the technology sector. We are proud that American innovation is the envy of the world, a source of widely-shared prosperity, and a hallmark of our global leadership.

We believe in an inclusive country that fosters opportunity, creativity and a level playing field. Donald Trump does not. He campaigns on anger, bigotry, fear of new ideas and new people, and a fundamental belief that America is weak and in decline.  We have listened to Donald Trump over the past year and we have concluded: Trump would be a disaster for innovation.  His vision stands against the open exchange of ideas, free movement of people, and productive engagement with the outside world that is critical to our economy—and that provide the foundation for innovation and growth.

Let’s start with the human talent that drives innovation forward.  We believe that America’s diversity is our strength.  Great ideas come from all parts of society, and we should champion that broad-based creative potential.  We also believe that progressive immigration policies help us attract and retain some of the brightest minds on earth—scientists, entrepreneurs, and creators.  In fact, 40 percent of Fortune 500 companies were founded by immigrants or their children.  Donald Trump, meanwhile, traffics in ethnic and racial stereotypes, repeatedly insults women, and is openly hostile to immigration.  He has promised a wall, mass deportations, and profiling.

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Politics

A McDonald’s Worker Must Work 4 Months to See What CEO Makes in 1 Hour

That’s working 4 months and doing overtime the whole time. How is this right?

A McDonald’s employee working overtime for nearly four months straight would make as much as the company’s former CEO earned in just 60 minutes, according to an analysis published Tuesday.

The analysis, compiled by the financial information company NerdWallet, assumes the average salary of a McDonald’s hourly worker is $7.73, based on information from self-reported salary site GlassDoor.com. Official figures on McDonald’s worker pay aren’t publicly available, but the median wage for fast-food workers overall is $8.90 per hour.

By comparison, former McDonald’s CEO James Skinner raked in $9,247 for an hour of his precious time last year, according to NerdWallet. (The analysis focuses on Skinner and not current CEO Donald Thompson because full data on the latter’s salary isn’t publicly available yet.)

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News Politics Texas

Tesla Loses Its Battle In Texas

Perhaps you have heard of the automotive company Tesla Motors and their CEO Elon Musk. Well for those who have not Tesla Motors is a start up automotive company that is focused on revolutionizing the automobile and bringing the entire automotive industry into the 21st century. The company was founded in 2003 by Elon Musk, Martin Eberhard, Marc Tarpenning, JB Straubel, and Ian Wright. The companies first vehicle was called the Tesla Roadster which was a an all electric sports car; their following car is pictured above, called the Model S it is an all electric sedan and is currently leading the way in EV vehicles.

Tesla’s futuristic approach also appeared in how they went about selling their cars. You can travel in any direction and you will find multiple car dealerships for various auto companies that are privately owned by a family or as a group venture. Tesla though has established company owned stores to eliminate the middle man in car purchases and to bring forth a more efficient and cheaper way for anyone to purchase a car.

This radical way to sell cars though has caused quite a stir in Virgina and Texas where state laws do not allow a company to own the dealerships let alone sell their own cars. Today it was reported that Texas has shot down Tesla’s appeal to state laws to allow the company to sell their own cars through company owned dealerships.

Elon Musk personally pleaded his case before the Texas State Legislature during their meetings but was greeted with a stone wall when trying to change the laws and in return refused to budge when Texas Auto Dealers Association President Bill Wolters tried to compromise saying that Tesla could maintain some control over the dealerships but not all, of course Musk refused to give in. Word circulating around the story says that Elon Musk plans to take this fight to the federal courts where he hopes to have much more success.

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Politics Tax break

Republicans Cut Education Funding To Pay Corporate Big Wigs

As if the Republicans couldn’t stoop any lower, we introduce you to those in Lansing Michigan. These Republicans want to cut $1 billion from local schools to pay for a $1.8 billion tax break for rich CEOs and corporate special interests.

Although this is as disgraceful as one could imagine, this action by these Republicans is not surprising. Cutting back on educating the youth of tomorrow is a sure way to win the race to the bottom, a race these Republicans are determined to win… for America! An uneducated and uninformed electorate can be easily led, and this is what today’s Republicans are banking on.

So onward with cutting education funding. Today’s uninformed will be tomorrow’s Republican voter.

Thanks to @MEAOnline for this info.

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