& cplSiteName &

W Does Cisco

Craig Matsumoto
4/21/2006
50%
50%

SAN JOSE -- Don't panic if the Cisco Systems Inc. (Nasdaq: CSCO) home base seems deserted today. It's not a plague or alien invasion.

Well, not exactly. It's a visit from the heads of state -- President George W. Bush and California Governor Arnold Schwarzenegger!

Technically, employees aren't being chased out, but Cisco is suggesting they consider telecommuting today "due to the expected parking lot and road closures," a spokeswoman says.

Wonder if this guy's gonna show up.

In place of its employees, Cisco can expect the usual flood of protesters who tail Bush. The company has drawn up one of those "free assembly zones" to accommodate them, and there will be law enforcement on hand. The spokeswoman wouldn't give out numbers of cops or vehicles expected.

The Republican duo is visiting Cisco's San Jose headquarters to participate with CEO John Chambers in a panel discussion on future competitiveness in America.

The crux of the discussion will probably be Bush's "American Competitiveness Initiative" aimed at keeping the U.S. workforce on a par with China and India. The 10-year, $136 billion plan was drafted with guidance from Silicon Valley executives and venture capitalists and unveiled during Bush's State of the Union Address in January. It includes proposals to make the R&D tax credit permanent and to add $50 billion to federal research budgets in the physical sciences. As part of the initiative, Bush also created a National Math Panel to look into improving mathematics education.

— Craig Matsumoto, Senior Editor, Light Reading

(97)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Page 1 / 10   >   >>
shaggy
50%
50%
shaggy,
User Rank: Light Beer
12/5/2012 | 3:56:37 AM
re: W Does Cisco
Article quote:

"The crux of the discussion will probably be Bush's "American Competitiveness Initiative" aimed at keeping the U.S. workforce on a par with China and India. That $136 billion plan was drafted with guidance from Silicon Valley executives and venture capitalists."


Oh boy, VCs, and silly valley execs, and W to boot- what a frickin' brain trust \.

I'm sure they will craft an open, unbiased plan to address this issue, making life better for all of us common folk. Uh-Huh, that's right, those VCs are sooooo alturistic.

/sarcasm
Sisyphus
50%
50%
Sisyphus,
User Rank: Light Beer
12/5/2012 | 3:56:36 AM
re: W Does Cisco
> Oh boy, VCs, and silly valley execs, and W to
> boot- what a frickin' brain trust

Exactly my thoughts. Throw in a couple of elite academic experts into the mix, and if that's the "plan"... well, the trend will continue, and in 20 years we'll all be brewing cappuccinos for each other.
Pete Baldwin
50%
50%
Pete Baldwin,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
Ah, I was wondering when the H-1B thing would come up. I don't suppose anyone will feel better if I add that Cisco and Intel contributed to the Competitiveness Initiative too... :)
OpticOm
50%
50%
OpticOm,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
And the real culprit is the government (state and federal) because they are not regulating and taxing products of companies who are eliminating jobs here only to bring H1Bs and to outsource to foreign countries.
The pigs in corporate jets have an excuse that they outsource (bring H1Bs) to "maximize the shareholder value", even if the reality is that they maximize their gain in the first place, and then, maybe, think of shareholders.
OpticOm
50%
50%
OpticOm,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
are to blame, not the math competitiveness.
When somebody gives you that crap, just ask him how come the outsourcing is going to China and India, countries who are not amongst the top performing scholastic and not to Japan or South Korea, who are.
The answer is corporate greed not math skills.
Pete Baldwin
50%
50%
Pete Baldwin,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco
Craig, please re-read post #4.

Dude, I posted that *because* of post 4, just for amusement. Laugh a little.

You do have the situation wrong, though -- the VCs aren't "paying homage" to the Competitiveness Initiative, they're taking (partial) credit for *creating* it. Which, in the context of your post, means things are even worse than you thought.
paolo.franzoi
50%
50%
paolo.franzoi,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco


Why do you think you should have a job when somebody else will do the same job for less money?

If you think taxing will do it, the companies will move their HQs out of the US.

Either do more work, better work, or specialized work - otherwise there is no justification to pay you a dollar more than the job pays in India or China. It is no different than any other job - like those being filled by undocumented aliens. They get those jobs because they will do them for less money.

seven
shaggy
50%
50%
shaggy,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco
Craig, please re-read post #4.

It echoes my sentiments as well. The VCs and execs will pay homage to the "Competitiveness initiative" in order to gain political chits, so they can continue to shovel jobs out the back door. So long as their pockets stay lined with cash, and the sacred "shareholder value" is preserved, they will smile for the cameras and keep on doing whatever will keep their cash flowing.

Would you like some fries with that?
paolo.franzoi
50%
50%
paolo.franzoi,
User Rank: Light Beer
12/5/2012 | 3:56:33 AM
re: W Does Cisco
ice,

I am sorry that you do not understand economics. You get paid for a job based on your productivity. If people are willing to do your job at the same level of productivity for less money, you will lose your job. This will happen 1 of 2 ways:

1 - The company will hire the lower paid worker.
2 - The companu will go out of business because its products are too expensive.

I am simply pointing out to you economic reality. None of your points matter in the least. The whole point of globalization will be the leveling of wages. There is nothing that can be done about it. Your standard of living will go down. So, will the average person's in the US. If you think this is unique to engineering, then look at factory workers or farm workers. Then tell me why you buy any goods built in foreign lands or eat food picked by foreign workers.

seven
geof hollingsworth
50%
50%
geof hollingsworth,
User Rank: Light Beer
12/5/2012 | 3:56:33 AM
re: W Does Cisco
I have seen lots of other self-interested people supporting the initiative, including the NSF, the NIH, the National Association of Manufacturers, the National Academy of Sciences, the Council on Competitiveness, and politicians of all stripes and colors. This is the first time I have heard that it was the brainchild of Silicon Valley execs and VCs. It is certainly not a priority for the NVCA, for example. From their website: "...we have not yet taken a leadership role in these efforts - nor driven policy decisions - as we have done on other core issues like capital gains reduction or stock options expensing." Not saying it isn't true, but I would be interested in your source.

Personally, I think innovation would be further ahead if we just stopped our spending on litigation and transferred a small fraction of that money to R&D. Surely we can agree to gang up on the lawyers, right?
Page 1 / 10   >   >>
Educational Resources
sponsor supplied content
Educational Resources Archive
From The Founder
Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Huawei Video Resource Center
Huawei at CeBIT 2017: Day 3

3|22|17   |     |   (0) comments


Light Reading reports from CeBIT 2017 in Germany, where Huawei is exhibiting on the application of technologies and key business verticals such as transportation, smart city, manufacturing, media and finance.
LRTV Documentaries
No Regrets: Cox's Finkelstein on Fiber & More

3|22|17   |     |   (0) comments


At the Cable Next-Gen Technologies & Strategies event in Denver, Cox's Jeff Finkelstein examines the cable capex conundrum.
LRTV Documentaries
Cable Next-Gen: The 'Mile High' View From Denver

3|22|17   |   11:56   |   (0) comments


Alan Breznick kicks off the Cable Next-Gen Technologies & Strategies event in Denver, casting his thousand-yard stare over cable's current competitive landscape.
LRTV Huawei Video Resource Center
Huawei at CeBIT 2017: Day 2

3|21|17   |   2:27   |   (0) comments


Light Reading reports from CeBIT 2017 in Germany, where Huawei is exhibiting digital transformation solutions around IoT, smart data centers, OpenCloud ecosystem and its newly announced storage-as-a-service solution.
LRTV Custom TV
Driving Better Mobile Customer Experience While Transforming the Mobile Network

3|21|17   |   7:47   |   (0) comments


The Citrix NetScaler mobile gateway is an intelligent traffic management solution which can markedly improve the customer experience provided by mobile operators, even when traffic is encrypted. Critical network services can be consolidated and virtualized using NetScaler. Because of the unique architecture, NetScaler can be deployed on any hypervisor, on a ...
LRTV Custom TV
Mastercard: What's Next for Mobile Payments?

3|21|17   |   7:49   |   (0) comments


2017 marks the fifth consecutive year for Mastercard at Mobile World Congress and it was a great time to reflect on the amazing advances the payments industry has made as well as discuss "What's Next' in the digital commerce future. We spoke to James Anderson, executive vice president of digital payments at MasterCard, about digital wallets to tokenization to ...
LRTV Custom TV
Mastercard: 2 Billion Adults 'Trapped' in Cash Economy

3|21|17   |   03:51   |   (0) comments


Despite advances made in the last several years, two billion adults around the world are trapped in a cash economy and lack what we take for granted -- a safe way to receive, save and use money. Shamina Singh, executive vice president of sustainability and president of the Mastercard Center for Inclusive Growth, chats about how Mastercard is developing new ways to ...
LRTV Custom TV
Mastercard: Payment From Every Device

3|21|17   |   5:55   |   (0) comments


A world where everything and everyone is connected creates new points of interaction for commerce. These digital experiences cannot be developed in isolation and instead require an ecosystem to drive mass consumer and enterprise adoption and create better consumer engagement. Predicting when that growth will happen is difficult, but always keeping the end user in ...
LRTV Interviews
InterDigital's Role in the 5G, IoT Era

3|21|17   |   05:47   |   (0) comments


Alan Carlton, managing director and VP for Europe at InterDigital, talks about the company's role in 5G projects in Europe and the prospects for the company in the IoT market.
LRTV Interviews
Lessons Learned From Digital Transformation

3|21|17   |   05:51   |   (0) comments


Ravi Palepu, global head of Telco Solutions at Virtusa, talks about some key takeaways from telco digital transformation experiences during the past couple of years.
Women in Comms Introduction Videos
NetNumber's CMO Shares Her Diversity Do's

3|21|17   |   3:19   |   (2) comments


The telecom industry is transforming the world, and diversity plays a critical role in driving the innovation behind it. NetNumber CMO Kim Gibbons shares why diversity and being authentic is a do amidst all the don'ts women in comms often hear.
LRTV Custom TV
Software-Driven Architecture for 5G & IOT

3|20|17   |   1:56   |   (0) comments


We present Heavy Reading's Jim Hodges's report from Mobile World Congress -- where operators and vendors are working to bring a variety of technologies together to make virtualization a reality in the era of 5G and IoT.
Upcoming Live Events
May 15-17, 2017, Austin Convention Center, Austin, TX
May 15, 2017, Austin Convention Center - Austin, TX
June 6, 2017, The Joule Hotel, Dallas, TX
All Upcoming Live Events
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
High-Band 5G: Let's Address the Range Question, Shall We?
Dan Jones, Mobile Editor, 3/21/2017
Eurobites: Italy First Pasta the Post for 5G
Paul Rainford, Assistant Editor, Europe, 3/17/2017
5G Faces a Marathon, Not a Sprint
Iain Morris, News Editor, 3/17/2017
WiCipedia: Eradicating Pay Gaps & Squashing Bro Culture
Eryn Leavens, Special Features & Copy Editor, 3/17/2017
Eurobites: A1, Nokia Turn It Up to 11
Paul Rainford, Assistant Editor, Europe, 3/22/2017
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
TEOCO Founder and CEO Atul Jain talks to Light Reading Founder and CEO Steve Saunders about the challenges around cost control and service monetization in the mobile and IoT sectors.
At MWC 2017, Qualcomm's CTO Matt Grob talks to Light Reading's CEO and Founder Steve Saunders about the progress being made in the development of the technologies and standards that will underpin 5G.
Animals with Phones
Neither Do We Click Here
Is that a prerequisite?
Live Digital Audio

Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.