tag:blogger.com,1999:blog-5806884.post965120168617203936..comments2023-10-31T03:18:26.963-07:00Comments on Great Guys Weblog: Wait and SeeBrethttp://www.blogger.com/profile/15063508651955739056noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5806884.post-47718205549660077862008-10-13T14:50:00.000-07:002008-10-13T14:50:00.000-07:00Not surprising that tech executives donate substan...Not surprising that tech executives donate substantially more to Dems. First, I know one who's in the "wait-and-see" mode who's a strong Obama supporter. Locally (his own business) he thinks the political situation is bad, but globally he likes Obama very much and I guess he doesn't care if business goes less well as long as a Dem is elected.<BR/><BR/>Second, an awful lot of tech execs come from Silicon valley and other very, very left-wing areas of the country so they vote with the prevailing thoughts of their areas.<BR/><BR/>Third, they are low capital, low natural resource businesses, so while they will pay more taxes, they will gain in power relative to all other businesses (which will be hurt much more by Obama's election). After you have a certain amount of money, power is where it's at, and so they're voting to increase their own relative power. The heads of Google would no doubt love to smack down as hard as possible the oil, auto, and manufacturing execs and basically be kings. If my company was more successful and less reliant on manufacturing I might well be there with them. Remember, politics is only about taking from some and giving to others.<BR/><BR/>Again, consider that CEOs in general think Obama is bad for business by a factor of 3 to 1.Brethttps://www.blogger.com/profile/15063508651955739056noreply@blogger.comtag:blogger.com,1999:blog-5806884.post-12124587241644648512008-10-13T13:33:00.000-07:002008-10-13T13:33:00.000-07:00Tech executives donate 5 times more to the Dems th...Tech executives donate 5 times more to the Dems than they do to the GOP.Alihttps://www.blogger.com/profile/18230724707928518879noreply@blogger.com