Print 60 comment(s) - last by Reclaimer77.. on Feb 1 at 6:29 PM

  (Source: Getty Images)
Google is a close ally of the President and he's not above plugging it's social network

President Obama is perhaps the most technology-savvy president to date.  While the POTUS (President of the United States) has made plenty of controversial stands [1][2][3] over his presidency, he has made some changes that should be unilaterally welcomed and commended, such as the We the People White House webpage [press release], which allows citizens to create petitions directed at the White House and Congress.

The President has a special love for Google Inc. (GOOG), whom he appointed his official "video secretary".  Aside from broadcasting State of the Union addresses on YouTube, something that would surely give the Founding Fathers cause to chuckle, and pushing legislation via YouTube, he's also gotten into Google+ of late.

Google+ is Google's social network rival to the ubiquitous Facebook.  Unlike the Facebook's privacy-be-you-know-what policies, Google+ focuses on discretely sharing content with select circles of friends.

Today at 5:30 President Obama will host a "hangout" answering questions he's received in the past couple weeks on his YouTube channel.  

Google+ Hangout
A Google+ Hangout [Image Source: webbROI]

The President promises to answer the top rated questions, but the chat will likely provoke controversy, if previous chats on Facebook, Twitter and YouTube are any indication.  In those prior sessions some accused the President of dodging the highest rated questions -- many of which were admittedly "tough" -- instead cherry-picking "layup" questions that were easy to answer and/or made him look good.

The President's support of Google also raises some eyebrows given Google's clever use of the "Double Irish" and "Dutch Sandwich" (legal) tax evasion strategies, funneling money through Ireland, the Netherlands and Bermuda, courtesy of federal loopholes, to avoid paying federal income taxes on its profits.  These strategies reportedly saved Google $1B USD in 2011 and cut the company's effective tax rate to 18.8 percent, far less than the standard 35-40 most small businesses pay on earnings.

Google officially raised almost a million dollars for the President's election bid.

This follows in the line of other key corporate friends of the President, such as General Electric Comp. (GE) -- a more extreme tax evader who made $14B USD in profit in 2010, yet received a tax refund of $3.2B USD back from the federal government.  Obama appointed GE CEO Jeff Immelt to lead his jobs board -- which helps decide federal tax policy -- also in 2010.

Obama also appointed John Doerr and (Intel Corp. (INTC) CEO) Paul Otellini to his jobs council -- both of whom are board members at Google.

Google is known for its informal corporate motto "Don't be evil."

Sources: Google+, Bloomberg, CNN

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RE: blah blah blah
By myhipsi on 1/31/2012 10:49:34 AM , Rating: 2
Okay I can't stand it anymore. Doesn't Ron Paul himself know at this point he's not electable? Doesn't he know? And why don't you guys know? How many tries is it going to take.

...and that is why you will continue to elect people that take bribes and money from special interest groups, corporations, etc, and f*ck you in the process.

The very people in politics that are "electable", in other words, slick, well dressed, charismatic, silver tongued, media friendly etc. and the very ones who will do whatever it takes to become president which includes lying and pandering to the public to get elected and then doing whatever it takes while in office to stay there, which includes taking bribes and pandering to the lobbyists and special interests.

You should respect the fact that Ron Paul is always honest and never flip-flops on issues. Why? Because he's a strict constitutionalist. He's willing to get booed on the debate stage, he's so principled (ridiculously booed for suggesting that we follow the golden rule when it comes to foreign policy).

RE: blah blah blah
By Reclaimer77 on 1/31/2012 11:38:02 AM , Rating: 1
LOL Ron Paul is a career politician. He's been a Congressman for 25 years. If you think he's above influence and lobbying, well, he would be the first person EVER to stay in Washington that long and be.

I think the vast majority of Ron Paul supporters think he's some fresh maverick and don't even realize he's a career politician.

He's not electable, sorry. We need to win this election, not be super idealists while handing the White House to Obama for another 4 years. Ron Paul is a distraction and a waste of time.

You should respect the fact that Ron Paul is always honest and never flip-flops on issues.

I do. Does that mean, however, that I must agree with him on those issues? Or that I believe, if elected, he will even be able to follow through with them?

Come on, do you guys REALLY believe the President today can somehow eliminate the Treasury and force the "gold standard" on us just because he says so? You really see a majority in Congress voting for that?

"I'm an Internet expert too. It's all right to wire the industrial zone only, but there are many problems if other regions of the North are wired." -- North Korean Supreme Commander Kim Jong-il

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