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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the iPhone’s manufacturing process, why it can only be done in China, and the reasons technology manufacturing will never return to America.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

How the U.S. Lost Out on iPhone Work
Apple’s results hinge on the iPhone question
Making It in America

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In 2007 Google decided it wanted a more permanent role in the political game. The company launched its D.C. public policy headquarters the following January. Google and policy makers in D.C. were excited to see this step being taken by the tech giant; the expectation was that Google would take the system by storm.

Over the last three years Google has been highly invested in the public policy process and in many cases they have molded policy to their whims and desires. In 2008 Barack Obama ran as a pro-net neutrality candidate and Google jumped on that bandwagon donating $814,540  to the campaign.  His opponent, John McCain received less than $100,000. Additionally another million  dollars was provided by Google to MoveOn.org. This grand show of support was in hopes that it would ensure Google Federal Communications Commission support for Net Neutrality. For the most part they got it. And that policy looks to stick, for now, after last week’s inaction by Congress, allowing the FCC to start passing law for the United States.

Though recently it appears Google has begun to realize a valuable lesson about the world of D.C. politics, when the Department of Justice and Federal Trade Commission announced they would be investigating Google for monopoly practices.

Recently, Eric Schmidt, executive chairman of Google, spoke with the Washington Post after his first appearance for congressional testimony, and the “take D.C. by storm” expectation certainly appeared to be catching up with Google as Schmidt vocalized his frustration.

“So we get hauled in front of the Congress for developing a product that’s free, that serves a billion people. OK? I mean, I don’t know how to say it any clearer,” Mr. Schmidt stated to the Post. “It’s not like we raised prices. We could lower prices from free to . . . lower than free? You see what I’m saying?”

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From BusinessInsider:

Steve Jobs told President Obama he probably would not be re-elected, Walter Isaacson wrote in Jobs’ soon-to-be-released biography.

That’s because regulations and unions in the United States were crippling its ability to remain competitive with emerging powerhouses like China.

The biography was picked up by the Huffington Post, which published excerpts earlier today.

Jobs met with Obama in fall 2010 and said it was too difficult to build a factory in the U.S., which led the company to build manufacturing plants in countries like China.

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“Being the richest man in the cemetery doesn’t matter to me.… Going to bed at night saying we’ve done something wonderful—that’s what matters to me.”

R.I.P Steve Jobs. He was the patron saint of entrepreneurs. Newton once reflected that if his vision extended farther than others’ it was because he stood upon the shoulders of giants. One of the giants has left this iWorld a much more interesting place.

Others will write volumes on this incredible man’s achievements.  I do not possess the eloquence to encapsulate so amazing a life nor his impact on the way we live today and will in the future.  All I can say from a personal standpoint is that Steve Jobs, through Apple and Pixar, represented to me what possibilities exist in this great country when brilliance, vision, chutzpah and a whole lot of confidence in one’s own assessment of what the public desires combine into one formidable force.  (Oh, and as the Occupy Wall Street mob might want to remember as they tweet on their Apple, Inc. iPhones and iBooks, Jobs’ start-up also demonstrates how vital unfettered investment capital from the private sector is to finance said vision—in this case, $250,000 in1977 dollars from Mike Markkula, whom I imagine today would be classified by these same protestors as an “evil millionaire”.)

As the days pass the pantheon of memories of Mr. Jobs’ legacy will also include, rightfully, some failures as well as his many undeniable successes.  Eli Lehrer at the Heartland Institute points out a few: The Apple III was bug-infested.  The Lisa was prohibitively expensive.  The Apple G4 Cube sold poorly and he never made a mark in the applications software arena.

Still, as any creative person knows, and certainly those in business will tell you,  the road to ultimate success is often paved by initial failures, so long as they are viewed for what they are: a treasure trove of valuable lessons.

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Steve Jobs personified capitalism and free markets in as pure and beautiful a way as the world has seen in the modern generation of industrial giants. His pursuit of excellence — his passion to make Apple the best and most profitable company it could be — enriched the lives of untold millions.

Jobs set a new standard for how a personal computer should work — i.e., it should be as easy to use as nearly any other home appliance. The industry was forced to follow Jobs’ lead. His leadership in developing the iPhone completely changed the game — forcing competitors to quickly evolve beyond a device that flipped open to one that brought the entire digital world to one’s fingertips. Jobs not only put the word ‘apps’ into our shared lexicon, but — against betting odds — made app-interface the present and future of digital media consumption.

And, under Jobs’ leadership, Apple developed the iPad — the industry standard for the modern tablet. Not long ago, people sneered and snickered at the name, iPad — and boldly predicted the failure of Apple’s big gamble. What fool would dare to try to establish a middle ground between a smart phone and laptop when none yet existed? Steve Jobs dared. He created a new market, out of thin air, and welcomed tens of millions of happy customers to Apple for his efforts.

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Cross-Posted: TobyToons (Conservative Political Cartoons)

CUPERTINO, Calif. (AP) – Steve Jobs, the Apple founder and former CEO who invented and masterfully marketed ever-sleeker gadgets that transformed everyday technology, from the personal computer to the iPod and iPhone, has died. He was 56.

Apple announced his death without giving a specific cause.

“We are deeply saddened to announce that Steve Jobs passed away today,” the company said in a brief statement.

“Steve’s brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve”

Jobs had battled cancer in 2004 and underwent a liver transplant in 2009 after taking a leave of absence for unspecified health problems. He took another leave of absence in January—his third since his health problems began—before resigning as CEO six weeks ago. Jobs became Apple’s chairman and handed the CEO job over to his hand-picked successor, Tim Cook.

The news Apple fans and shareholders had been dreading came the day after Apple unveiled its latest version of the iPhone, just one in a procession of devices that shaped technology and society while Jobs was running the company. (more…)

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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss complaints by big labor’s James P. Hoffa about the patriotism of American companies, the role labor plays in today’s business climate and whether Obamanomics have made the economy worse.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

Union chief calls Apple ‘unpatriotic’ for not hiring more workers
Labor unions adjust to new reality under Obama
Have shrinking union rolls eroded the middle class?
Did Obama Make It Worse?

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Two names loom large in this week’s news. Two names that ordinarily we wouldn’t think about together.

But, in the great struggle now unfolding before us for our nation’s future, it seems to me these two quintessential Americans are worth thinking about in light of each other.

One is Steve Jobs.

The other is Dr Martin Luther King, Jr.

Jobs, of course, is in the headlines because of his decision to step down and retire from Apple Computer, the company he co-founded, from which he later got fired, and to which he subsequently returned and resurrected.

Dr. King is in the news because of the opening of the King monument in Washington, D.C.

Other than being in the news at the same time, why might we think of these two very different Americans together?

I think they are icons of two essential but different and opposing aspects of American life. One is the individual and the other is our social reality.

It’s these two aspects of American life, the dignity and potential of individuals living free, and the social reality, the rules by which we all agree to live and to which we all submit, that has always caused tension in American life. And this tension is becoming particularly acute today.

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News that Android and Apple phone communicate collect data on your personal information reveal much about the two companies and their views of the consumer.

Upon the release of the news, Steve Jobs took to the microphone denying Apple products track users calling such accusations “false.”  Emails leaked to the Mercury News tell a different story about Google.  “I cannot stress enough how important Google’s wifi location database is to our Android and mobile product strategy,” Google location service product manager Steve Lee wrote. “We absolutely do care about this (decision by Motorola) because we need wifi data collection in order to maintain and improve our wifi location service.”

This is not Google’s first dust-up regarding privacy violations.  Back in 2003, Google-Watch chronicled major privacy concerns about the company including

1. Google’s immortal cookie: Google was the first search engine to use a cookie that expires in 2038. This was at a time when federal websites were prohibited from using persistent cookies altogether. Now it’s years later, and immortal cookies are commonplace among search engines; Google set the standard because no one bothered to challenge them. This cookie places a unique ID number on your hard disk. Anytime you land on a Google page, you get a Google cookie if you don’t already have one. If you have one, they read and record your unique ID number.

2. Google records everything they can: For all searches they record the cookie ID, your Internet IP address, the time and date, your search terms, and your browser configuration. Increasingly, Google is customizing results based on your IP number. This is referred to in the industry as “IP delivery based on geo-location.”

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The Coffee Party is at it again.

Desperately seeking a raison d’etre other than NOT to be the Tea Party, the Brew Crew has just issued a Congressional chain-letter which it hopes its tens of followers will co-sign. Pulling no punches, the Political Percolators are telling Congress to…to…well, to quit being so darn mean to Us the People. Here’s the full venti cup of their scalding scolding:

Dear Congress,

Please remember: you are fighting over how to spend our money.  We the People pay 33.7% of the Federal Fund while corporations pay 7.2%. Many corporations pay no taxes at all.  Yet your entire focus during this budget battle has been on how much to hurt the people.

We did not cause the recession, the deficit, or the national debt.  We know this, and we need you to know that we are aware of a corrupt system in which corporations spend their vast wealth to lobby and manipulate you.

We know that’s why the tax code so unjustly burdens us while favoring them. We know this is why Elizabeth Warren and the Consumer Financial Protection Bureau are under attack from the US Chamber of Commerce and other powerful lobbyists. We know that is why your policies reward multinational corporations, including those that DID cause the recession, with bailouts, bonuses, and tax benefits.

As you wrangle over how much to hurt our quality of life and jeopardize our future, consider ways to create jobs and invest in our future.

Congress should work together on how to help us, not fight over how to hurt us.

Sincerely,

Annabel, Eric B, Lynda, Eric W, Gloria, Mark, Beth, Tina, Corinne and the Coffee Break to Save America Team

The note to Coffee Party mailing list members is oleaginously signed with first names only. But the letter to Congress itself is a rich pu-pu platter of economic naivete.  Annabel Park—the dark liquid organization’s founder—and her co-scolders have obviously never heard of the Laffer Curve—or if they have, they think it’s a baseball pitch.

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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Japan, iPad2 sales, and the minimum wage.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

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(more…)

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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Egypt, the possibility of a German owned NYSE and the post-Steve Jobs picture at Apple.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

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(more…)

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On today’s edition of Coffee and Markets, Brad Jackson is joined by Pejman Yousefzadeh to discus the impact of Steve Jobs’ leave at Apple, Hu Jintao’s visit to Washington and Pej’s Chicago Bears.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

Apple’s Jobs Takes Medical Leave but Remains CEO
Obama and Hu share intimate dinner at White House
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Never a better time to ‘Beat the Packers’
Epicenter of Humanity: The playing surface

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