Thursday, June 28, 2007

Interesting

This article has some interesting information about Al Gore tucked surreptitiously into one of its paragraphs.

...He has become an insider at two of the hottest companies on the planet: at Google, where he signed on as an adviser in 2001, pre-IPO (and received stock options now reportedly worth north of $30 million), and at Apple, where he joined the board in 2003 (and got stock options now valued at about $6 million). He enjoyed a big payday as vice chairman of an investment firm in L.A., and, more recently, started a cable-television company and an asset-management firm, both of which are becoming quiet forces in their fields.
Well. Now we know why Steve Jobs backs him for president.

Can someone explain to me why Gore rates a position of "adviser" to Google, a company which regularly hires PhDs from Stanford and MIT? Or a spot on the board at Apple? He's got a bachelor's degree in (you guessed it) government from Harvard and a half-finished law degree. He's been a newspaper writer, a congressman, a senator, and vice president. No business degree. No knowledge of computer science. No experience as a businessman.

Now if I'm reading this right, I'd say that those positions are (gasp!) political in nature. This is just musing out loud, but if he were to run for public office again, would those funds he was essentially given by Google and Apple be considered campaign contributions?

Contrast that with the fact that you and I can't choose to donate our money to a political candidate over certain amounts -- and the companies we work for can't, either. But Google and Apple can "hire" Al Gore for a non-position in order to further their political objectives. Not to mention the fact that at the time Gore received his $30 million donation he was a likely repeat candidate. "Campaign finance restrictions and limited political speech for you -- but not for me", the drum of liberal hypocrisy.
Financial disclosure documents released before the 2000 election put the Gore family's net worth at $1 million to $2 million. After years of public service--and four kids needing high-priced educations--Al and Tipper used to fret occasionally about money...Not anymore. Available data indicate a net worth well in excess of $100 million.
A net worth of $1-2 million and they fretted about money? Oh, the poor dears! They needed Google to give them a $30MM handout so they could afford a college education for their kids.

Right?

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