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To: Iceberg who wrote (37684)	6/18/2000 4:27:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 77399

OT >>I can easily understand that line of reasoning. Why? Because both Chambers and Bush have MBA degrees. That isn't it. Take one issue very important to Silicon Valley - the curbing of frivolous lawsuits. AlGore the Junior can't be against that because his biggest benefactors are the greedy trial lawyers. (AlGore the Junior is a failed lawyer too.) Same with school reform - AlGore the Junior can't be for reforming schools because the educrats are his second biggest bankrollers. The US already spends 2-4 times what other industrial nations do per pupil so AlGore's calls for more spending cannot be an answer, just a diversion and payoff. That hurts US competiveness and Silicon Valley. Cisco has to spend money to train students the schools aren't because of AlGore's failed policies. Same with trade. AlGore the Junior did nothing to help pass the China trade bill because his other great bankroller, Big Labor, was opposing it. A leader would have put national interest above his own fundraising and worked against those special interests - the greedy trial lawyers, the educrats who have ruined public education and Big Labor's trying to derail US trade. >>Having said all that, I believe there is much more to being President than business acumen. Nader knows that. Gore knows that. Chambers knows that, which is why he's for Bush. The US people know that which is why 2/3 more say that Bush is a "strong leader" than say that AlGore the Junior is.

To: Iceberg who wrote (37684)	6/18/2000 4:46:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 77399

On topic: June 8, 2000 Politics & Policy Cisco's Chambers Revs Up Political-Contribution Engine By GREG HITT Staff Reporter of THE WALL STREET JOURNAL WASHINGTON -- Cisco Systems Inc. has been on an investment binge since John Chambers became chief executive of the Silicon Valley company in the mid-1990s. Now Mr. Chambers is bringing something of the same approach to politics. This month he is throwing open the doors of his home in Los Altos, Calif., for a fund-raiser benefiting the GOP and Texas Gov. George W. Bush that promises to rival a $2.5 million Silicon Valley event that benefited Democrats and Vice President Al Gore in April. Pushed by Mr. Chambers, Cisco was one of the first Internet companies to establish a permanent presence in Washington. Schmoozing with power brokers and government officials is all part of a corporate strategy aimed at keeping the maker of computer-networking products out of the sort of trouble now ensnaring Microsoft Corp., which a federal judge ordered split into two companies. But Mr. Chambers isn't just weighing in this year for Mr. Bush. He also is anteing up big on the side of congressional Republicans. In March, he gave $210,000 to the House and Senate GOP campaign committees, with the bulk of that going to House Republicans battling to maintain their slim majority.... ...Mr. Chambers, who brings the sureness of a salesman to his role as a spokesman for the New Economy, has transformed Cisco into the world's second-most-valuable technology company. Somewhere on his rise to the top of the high-tech heap, he caught the political bug. He has conferred with British Prime Minister Tony Blair and Chinese President Jiang Zemin. He took a high-profile role this spring as the business community successfully lobbied for passage of permanent U.S. trade relations with China. And he is outspoken on behalf of Mr. Bush, whom he first met in 1998. "I trust the man," Mr. Chambers says. Cisco established a permanent office in Washington three years ago. And Mr. Chambers also co-founded the Technology Network, an influential group created to help promote a dialogue between Silicon Valley and the political establishment. "We're not there with an agenda, saying this is what is best for Cisco," the company's Mr. Scheinman says. The focus, he says, is on "doing things good for the industry." Sometimes the distinction between the two can be difficult to discern. Take the controversy over the proposed rule changes being considered by the U.S. Financial Accounting Standards Board, an independent regulatory body overseen by the Securities and Exchange Commission. The FASB is proposing to do away with what is known as pooling-of-interest accounting for business mergers, in favor of so-called purchase accounting. The argument is obscure but significant. Critics argue the shift could damp high-tech growth -- and cut profits -- fueled by acquisitions that apply the capital of established firms to the technology of new companies. "You run an economic danger here of lowering the value of companies," Mr. Chambers says.... ...As for Mr. Chambers, he is bringing in cash for Mr. Bush for a reason, says Floyd Kvamme, a venture capitalist helping the Cisco chief executive with the Bush fund-raiser, "He really sees the fact that his company, because of the New Economy, can be greatly influenced by political thinking." interactive.wsj.com

To: Iceberg who wrote (37684)	6/18/2000 6:58:00 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77399

An MBA means nothing. It's what you do with your life and how much you affect the lives around you that counts. Having said that, Bush does have a strong business background. He would probably make a good solid President. Although, I don't like his ideas on cutting taxes. I kind of like the idea of paying off the national debt more than I do cutting taxes. But then again, I have not debt and lots of investments. I know our esteemed leaders in the Government have no clue how to balance a checkbook, much less why it is good to have little to no debt. Of course, Chambers sure knows that.