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Donald Trump To Tech Leaders: 'No Formal Chain Of Command' Here (cnbc.com) 488

A confab of tech titans had a "productive" meeting with President-elect Donald Trump at Trump Tower on Wednesday, Amazon CEO Jeff Bezos told CNBC, as Trump moved to mend fences with Silicon Valley before taking office in January. Apple, Alphabet, Microsoft, Amazon, Facebook, Intel, Oracle, IBM, Cisco and Tesla were among the C-suite executives in attendance, with Apple CEO Tim Cook and Tesla CEO Elon Musk expected to get private briefings, according to transition staff. From the report: "We want you to keep going with the incredible innovation," Trump said. "There's no one like you in the world. ... anything we can do to help this go along, we're going to be there for you. You can call my people, call me -- it makes no difference -- we have no formal chain of command around here." At the meeting, Trump introduced billionaire Wilbur Ross, his Commerce secretary pick, and Goldman Sachs executive Gary Cohn, his choice for director of the National Economic Council. "They're going to do fair trade deals," Trump said. "They're going to make it easier for you to trade across borders, because there are a lot of restrictions, a lot of problems. If you have any ideas on that, that would be great."
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Donald Trump To Tech Leaders: 'No Formal Chain Of Command' Here

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  • by account_deleted ( 4530225 ) on Thursday December 15, 2016 @09:45AM (#53489643)
    Comment removed based on user account deletion
    • by Merk42 ( 1906718 ) on Thursday December 15, 2016 @09:51AM (#53489675)

      lets just give him a chance and see if he works out.

      If and when he fails, we can always blame Obama!

      • by MachineShedFred ( 621896 ) on Thursday December 15, 2016 @09:53AM (#53489691) Journal

        Why not? There's still people around here blaming Bush...

        • Re: (Score:2, Interesting)

          by Merk42 ( 1906718 )
          You're the second person I've heard claim that people still do it, yet haven't heard anyone actually still do it. Maybe it's just who I hear from.
          • 64% blame Bush (Score:3, Informative)

            by mi ( 197448 )

            You're the second person I've heard claim that people still do it, yet haven't heard anyone actually still do it. Maybe it's just who I hear from.

            You must be in a bubble of your own. It really is a commonly-shared sentiment [gallup.com]. Or, at any rate, was as recently as this summer.

            Hardly surprising, given the personal politics of the overwhelming majority of journalists [washingtonpost.com].

            • Re:64% blame Bush (Score:4, Interesting)

              by Gr8Apes ( 679165 ) on Thursday December 15, 2016 @11:18AM (#53490369)
              Bush inherited a growing economy, enacted a bunch of legislation to remove regulations (a big plank of the GOP) and boom - we have the 2007 recession. Obama comes in inheriting not only 2 wars Bush started (one on false premises he presented) but didn't finish, but a huge unfunded budget obligation (medicare plan d), and the worst economy since the great depression. I'll leave the obvious logical conclusions for you to figure out why Bush Jr is in the running for worst president in history, and why that hasn't softened in the 8 years since he left office.
              • Re:64% blame Bush (Score:5, Insightful)

                by PackMan97 ( 244419 ) on Thursday December 15, 2016 @11:36AM (#53490495)
                "Bush inherited a growing economy" Fascinating. It's as if the recession that starting in March of 2001, just two months after Bush took office never happened. Glad to see Bush haters are "all-in" on fake news. It's a tribute to Bush that recession was so shallow and quick despite the attacks on 9/11. That said, there is no doubt that part of the response to that recession directly led to the recession that started in Dec 2007, so there is that.
              • Re:64% blame Bush (Score:5, Informative)

                by Moof123 ( 1292134 ) on Thursday December 15, 2016 @11:41AM (#53490525)

                It also cannot be ignored that 2 years into Obama's presidency congress turned red, and rather vocally announced they would put the prevention of any Obama successes ahead of the best interest of the country. Having one whole branch of the government not operating in good faith is a very strong headwind, and despite that we have had very large job growth and historically low unemployment over the last 8 years.

              • Re:64% blame Bush (Score:5, Insightful)

                by Solandri ( 704621 ) on Thursday December 15, 2016 @01:12PM (#53491355)
                How the hell did this get modded up? Bush inherited a faltering economy. He entered office just after the dot-com bubble burst [wikipedia.org]. His election was in Nov 2000, he entered office Jan 2001, and a President's first budget doesn't kick in until January the following year. During a President's first year, he's actually coasting along on the previous President's budget. So the 2001 recession and 9/11 (2001) actually happened before Bush's first budget went into effect (2002).

                The "removed regulations" that led to the housing crisis and 2007 recession are mostly blamed on the Gramm-Leach-Bliley Act [wikipedia.org]. It was passed in 1999 and signed by... Bill Clinton. Blame is also cast on HUD lending policies mandating a larger share of loans be for affordable housing, also started under Clinton. And interest rates reduced to historically low levels [wikipedia.org] to combat the sluggish economy after the dot-com bubble bursting, responsibility for which also falls upon Clinton (if you buy into the idea that Presidents are wholly responsible for the economy). You can't even blame Bush for maintaining the low interest rates through 2005. The interest rates are set by the Federal Reserve, whose chairman at the time [wikipedia.org] was Alan Greenspan - a Reagan appointee retained through Bush Sr., Clinton, and Bush Jr. because everyone though he was doing a great job. It was actually Bush Jr. who replaced him in 2006 with Ben Bernanke (who Obama retained).

                Personally, I don't blame Presidents for bad economies. They only suggest a budget. Congress actually makes it (whether they follow any of the President's suggestions is up to them). And since we don't have a line item veto, the President has a take it or leave it choice when it comes to signing off on the whole thing. So I mostly blame Congress for bad economies, Presidents for bad executive decisions (e.g. the second Iraq war). But if you insist on blaming Presidents for bad economies, responsibility for most of what you listed falls upon Clinton, not Bush.
          • by sh00z ( 206503 )
            People definitely still do it, but mostly to correct the record. When some people complain about reliance on Russia for sending our astronauts to ISS, they tend to blame Obama, forgetting that it was Bush who pulled the plug on the Space Shuttle Program.
            • by Fire_Wraith ( 1460385 ) on Thursday December 15, 2016 @10:36AM (#53490035)
              Or blaming Obama for withdrawing troops from Iraq, when it was Bush who signed the agreement to do so. Point that out, and then they claim Obama should have renegotiated, despite the fact that the Iraqi government wasn't willing to agree on any terms that would have been remotely acceptable.

              Or blaming Obama for the economy/budget deficit, despite the crash that took place under Bush before Obama was even elected. Could he have done more to fix it after he took office? Sure, but he was also facing huge resistance against anything he wanted to do towards that end.
          • Re:heck of a choice (Score:4, Informative)

            by __aaclcg7560 ( 824291 ) on Thursday December 15, 2016 @10:27AM (#53489941)

            You're the second person I've heard claim that people still do it, yet haven't heard anyone actually still do it.

            I blame Bush for the Great Recession that caused me to be out of work for two years (2009-10), underemploy for six months (working 20 hours per month), and filing for Chapter Seven bankruptcy in 2011. Thanks to Obama, I'm now back to where I was before the Great Recession. Just in time for the overdue recession under Trump. Woo-hoo!

            • by Moridineas ( 213502 ) on Thursday December 15, 2016 @10:55AM (#53490203) Journal

              I'm always curious about this blame game. The "great recession" was a worldwide phenomenon. Are you suggesting that if Bush hadn't been president of the US (say, Kerry was elected instead), that the entire world would NOT have gone into recession? Or that the world would have, but the US wouldn't have? I'm just curious.

              The US is a cog. An oversized and important cog no doubt, but it's just one part of the whole.

              • The "great recession" was a worldwide phenomenon.

                I blame Alan Greenspan for that one.

              • I'm always curious about this blame game. The "great recession" was a worldwide phenomenon.

                Have you never heard of the economic principle that when America sneezes the world catches a cold? America for better or worse is an international monster. It's 1/20th of the world's population in control of the largest GDP in the world (more than all of Europe combined), and double that of China who have an incredible workforce behind them. They have an incredible amount of trade around the world both in production and especially in consumption.

                When the economy of such a beast get's upset the repercussions

        • Why not? (Score:5, Insightful)

          by Anonymous Coward on Thursday December 15, 2016 @10:25AM (#53489929)

          Why not? There's still people around here blaming Bush...

          Well, to the sound bite world we live in, it does sound unreasonable to blame past Presidents for current troubles. Like, why should be blame Lincoln for the getting the US through the Civil War and freeing the slaves? Why do we still blame him after all these years?!

          And blaming FDR for leading us through the Depression - even though many of the programs he got through Congress really didn't work. And he dragged his feet into getting us into WWII. And blaming Truman for dropping the A-Bomb on Japan! We still do that!

          MAybe - just maybe and bear with me - because it's HISTORY.

          And when folks look back on the beginning of the 21st Century, they are going to see that the US went into two horrible wars based on the incompetence of the Bush II Administration. They are going the see the ramifications - like the creation of ISIS. They are going to see a budget shot to shit. They are going to see a financial collapse - that did have it's roots in the Clinton administration but never the less came to frustration with the lax regulatory environment of a Republican controlled government.

          And then we'll see how the next President got stuck with the problems and through brinkmanship and obstruction by the Republicans in Congress for all 8 years of his term, he was barely able to get anything done - but blamed him for it - even though they kept on these ridiculous quests and held the government hostage to get rid of the ACA and defund Planned Parenthood over some video that was a lie.

          And now that they are back in power? They are going to replace the ACA - OK good - but not get rid of it because now it's "their" idea.

          So, I will keep blaming Bush for the stupidity and the utter nonsense we're in - especially the crap in the Middle East. Thanks to Bush, there will NEVER be peace in the Middle East and we the USA are going to have to deal with it for the rest of our existence - and frankly, I think it's contributing to our current downfall.

          • Re:Why not? (Score:4, Informative)

            by MightyMartian ( 840721 ) on Thursday December 15, 2016 @11:52AM (#53490619) Journal

            What do you mean FDR dragged his feet on US involvement in WWII? That was an isolationist Congress. FDR pushed as close to the line, and even a little across the line. He managed to push through Lend-Lease, but it was Pearl Harbor that finally gave him the political capital to get war declared on the Axis.

        • by ranton ( 36917 ) on Thursday December 15, 2016 @10:29AM (#53489963)

          Why not? There's still people around here blaming Bush...

          Most of the time you see people "blaming Bush" (and other previous administrations) is when others try to blame the Great Recession on Obama, or try to compare this recover to those which followed much smaller and less systemic recessions. If you are going to rate Obama's performance it is necessary to acknowledge he was left with the worst recession since 1929, and its more apt to compare the 2009-2016 recover with 1929-1936. Pointing that out often includes at least some casting of blame on previous administrations.

          There is honestly very little to blame on Bush at this point. The systemic problems we still face either reach back to policies built up over the past 30+ years, or are primarily the result of a changing world (such as working class stagnation). At this point the only two major things I can think of to blame on Bush is the extra stimulus spending necessary because he let things get so bad and the after-effects of the war(s) he started. But even though I have little love for the man, its not very reasonable to blame many of our current problems on Bush anymore.

          I'm sure people will blame Obama for leaving Trump too good of an economy, but overall he will have a hard time credibly blaming any of his problems on Obama. Then again he doesn't hasn't had to worry about his statements being credible for them to be believed so far.

          • I'd say Bush's foreign policy can be directly linked to a lot of the shit that has gone on over the last six or seven years.

      • by DickBreath ( 207180 ) on Thursday December 15, 2016 @11:31AM (#53490457) Homepage
        Sir, you are behind the times. If Trump fails, the thing to do is bring up Hillary's emails.
    • by Adriax ( 746043 )

      I don't like the idea of trusting geoengineering to a landscaper who's formal training was watching someone else have a lawn mowing job one summer.

    • How we got NYC and Boston, for sure.

    • i mean technically if you overfill a swamp with foetid detritus it will eventually matriculate into neighbourhoods, roads, schools, hospitals, and occasionally even an intended estuary or two. lets just give him a chance and see if he works out.

      Is this 'seep up' economics instead of 'trickle down' economics?

  • by Elfich47 ( 703900 ) on Thursday December 15, 2016 @09:52AM (#53489683)
    Trump is going to find out people are not going to "just call the president" because all of those calls get blocked by the switchboard. Trump is going to find out that casual phone calls do not happen as president, his schedule is locked down to the minute. This boiler maker atmosphere that trump seems to enjoy is going to be counter productive in an environment where decisions need to be made and then acted on and revisiting choices wastes time that needs to be used on other decisions coming in the door.
    • What you're describing is the 'status quo' of the executive office. There's been a lot signs so far that it's going to be quite a bit different organizationally for the next 4 years at least.

      I don't know if that's good or bad, but it is going to be different than what we've seen, from press briefings to who sends what memo.

      • You are correct, I am describing the status quo of the presidency.

        The boiler maker environment that Trump is setting up is useful when you have time to play favorites and have people publicly curry favor. The person in the center gets lots of attention and feels important because everyone is coming to you. It doesn't get a lot of work done though because everyone is busy scurrying around trying to curry favor instead of - actually getting the work done.

        The whitehouse archives occasionally releases past
      • by hipp5 ( 1635263 )

        What you're describing is the 'status quo' of the executive office.

        Yes, and the status quo has evolved to be that way for very good reasons.

        The presidency is a position where you literally do not get to choose what you wear each day. Not because you are incapable of it, but because it's a waste of brain power. The human brain is only capable of making so many decisions a day before it gets decision overload. When you are the president, you need to save your decision-making powers for the important stuff, like whether or not to push the red button. Running the most powerful

    • by EmeraldBot ( 3513925 ) on Thursday December 15, 2016 @10:08AM (#53489805)

      Trump is going to find out people are not going to "just call the president" because all of those calls get blocked by the switchboard. Trump is going to find out that casual phone calls do not happen as president, his schedule is locked down to the minute. This boiler maker atmosphere that trump seems to enjoy is going to be counter productive in an environment where decisions need to be made and then acted on and revisiting choices wastes time that needs to be used on other decisions coming in the door.

      It'll work out because it won't be him in this position, it'll be Pence. Trump's presidency will largely rise and fall by how much Pence is willing to do for him, and how much Pence covers him - if Pence gets fed up, I have a suspicion Trump won't be able to cope, and he's used to simply walking away when it gets tough and waiting for a better time. Not an option as president - however, if Pence deals with all of this, as I suspect he will because he wants his own chance in 2020, then all Trump has to do is sit in the office and spend his weekends at his Florida resort, and sign the odd paper here and there. Trump could pull off the latter very successfully, he's good at taking credit (and I don't mean that exclusively in a derogatory sense; one of Obama's biggest issues was that for many of his successes, people simply took them for granted after the fact.)

      • I am in agreement that Pence will be doing a lot of work for Trump and that Trump is used to being able to cash out whenever things get tough.

        I am not in agreement that Trump will be able to shovel it all off on Pence. There are to many factors that would conflict with that: All the big calls have to be made by the president. The army only takes orders from the president. If Trump wants something from Congress he better be the one in the meetings pressuring congress members. And if (when) the press picks
    • by Xest ( 935314 )

      Maybe he could get around all that red tape of people not being able to communicate with him directly by say, running a private e-mail server or something?

  • by alphatel ( 1450715 ) * on Thursday December 15, 2016 @09:52AM (#53489685)

    Trump said. "If you have any ideas on that, that would be great."

    http://media.coindesk.com/uplo... [coindesk.com]

  • So jealous (Score:4, Funny)

    by tsa ( 15680 ) on Thursday December 15, 2016 @10:18AM (#53489881) Homepage

    Man I'm so jealous at you Americans. Ever since Trump will most probably be president you live in a fairy-tale paradise! Everything will be better! It's amazing! He's the best president in the world.

    • That's what I don't understand. The expectation with Hillary was that things won't change much in the financial markets, it'll be a low inflation world, and another recession is likely. With Trump winning the election, the stock market took off like a rocket, the feds expect to continue raising interest rates to combat inflation, and the economy is in "happy days are here again" mode. With fools rushing into the stock market, I'm building up a cash reserve for the next crash.
    • He really is. He said so!
      • "I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal; this was the moment when we ended a war and secured our nation and restored our image as the last, best hope on Earth. This was the moment - this was the time - when we came together to remake this great nation so that

  • by rsilvergun ( 571051 ) on Thursday December 15, 2016 @10:25AM (#53489927)
    It sounds good. Makes him seem like an every man. And once again we're talking about something meaningless instead of demanding to know what went on at the meeting.
    • It sounds good. Makes him seem like an every man...

      Oh yeah, a billionaire sitting around a table talking to other billionaires while hiring billionaires.

      I feel soooo much more relatable now. I mean hell, he even uses Twitter...

  • by ErichTheRed ( 39327 ) on Thursday December 15, 2016 @10:34AM (#53490013)

    All I can say is it'll be very interesting to see what happens over the next 4 years. He's basically signaling to every single corporation out there that favors are available for the right price (see Carrier, Ford, etc.) The first thing tech executives are going to ask for is the removal of limits on the H-1B program. This way they can import the workers themselves and not have to go through the body shops to reduce IT and developer salaries. (I think the program is fine and sometimes necessary, but using it to replace a mid- to late-career $100K DBA or sysadmin with a new, mediocre $50K one who won't complain about mandatory unpaid weekend work is not keeping with the spirit of the law.)

    No matter how much of an egomaniac I became, I would never want this job. Imagine having to keep hundreds of millions of exceedingly diverse people protected, somewhat happy and balance the diplomatic demands from other countries against your own interests. Seeing Trump's picks for advisors, I wonder how this is going to work out. Yes, Clinton "lost" and I accept that, but I am a little upset that we're getting a real estate huckster, surrounding himself with pro-business buddies, who all seem ready to fire-sale the country to the highest bidder. Hopefully the balance of power will keep some of this in check, but with majorities in both houses he's going to have a very long time with little opposition, and a lot can happen.

    The other interesting thing is that he has a lot of very different groups of people who voted him in to satisfy. The religious nuts are going to want abortion bans and fully privatized education, the libertarian/tea party crowd is going to want the government dismantled piece by piece starting with the healthcare law, and all the factory workers are going to want their jobs back. How do you satisfy all of these?

    • You don't, because the factory workers were useful rubes. He's a businessman: once someone is used up, you cast them aside.The way most politicians go back on their campaign "promises."

  • My Latin is rusty, but the sentiment should be clear — the government should stay away from the industry and the markets. Its only legitimate role is to enforce laws and contracts.

    Trying to boost certain industries, while a welcome contrast to the previous Administrations' attempts to sabotage [cfact.org] some, is just as suspicious and ultimately unfair.

    Maybe it is Ok for the State department to champion American companies abroad. Hopefully, Trump is not planning to go beyond the above listed activities and w

  • "We want you to keep going with the incredible innovation," Trump said.

    Yeah, I'm sure the the CEOs of Apple, Alphabet, Microsoft, Amazon, Facebook, Intel, Oracle, IBM, Cisco and Tesla needed to be told to "keep doing what they're doing."

  • Return the 1920's (Score:4, Interesting)

    by Jodka ( 520060 ) on Thursday December 15, 2016 @10:50AM (#53490157)

    After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world. I am strongly of the opinion that the great majority of people will always find these the moving impulses of our life. Of course, the accumulation of wealth cannot be justified as the chief end of existence, but we are compelled to recognize it as a means to well-nigh every desirable achievement. So long as wealth is made the means and not the end, we need not greatly fear it...But it calls for additional effort to avoid even the appearance of the evil of selfishness. In every worthy profession, of course, there will always be a minority who will appeal to the baser instinct. There always have been, probably always will be, some who will feel that their own temporary interest may be furthered by betraying the interest of others.

    --Calvin Coolidge

       

  • Dell (Score:4, Funny)

    by ISoldat53 ( 977164 ) on Thursday December 15, 2016 @11:05AM (#53490287)
    Shows you how far Dell has fallen when he isn't even invited to the kiddie table.
  • by geekmux ( 1040042 ) on Thursday December 15, 2016 @11:18AM (#53490363)

    "...we have no formal chain of command around here."

    ...says the Commander in Chief.

    It's times like this that we should consider military experience as a mandatory prerequisite to holding this position.

    Trump has done absolutely nothing to recognize the fact that he will be responsible for wielding a military sword to go along with that corporate pen of his.

    Perhaps if he pulled his head out of his biznass long enough, he would realize that.

  • Trade (Score:4, Insightful)

    by fiannaFailMan ( 702447 ) on Thursday December 15, 2016 @12:07PM (#53490763) Journal

    "They're going to make it easier for you to trade across borders, because there are a lot of restrictions, a lot of problems. If you have any ideas on that, that would be great."

    I thought he was against free trade. It was one of the defining features of his campaign, that he was going to back out of every trade deal going.

    This is what I find so alarming.It's the sheer unpredictability of the guy. He's so scatterbrained that he can't even remember what was said a few minutes ago, to say nothing of months ago.

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