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Journal twitter's Journal: Sweaty B Says M$ Needs a Bailout. 3

Steve Ballmer urges Congress to pass the $700 Billion Fat Cat Bailout, so that big dumb companies can keep paying big dumb money for software.

"We have a lot of business with the corporate sector as well as with the consumer sector and whatever happens economically will certainly effect itself on Microsoft," he told Reuters. "...when businesses have less money -- they can borrow less money, they can spend less money -- that can't be good. When consumers feel the economic pinch, house prices come down. That can't be good," Ballmer said. ... Investors may take Ballmer's remarks as an indication that Microsoft's revenues could be hurt by the continuing financial crisis, a trader said.

"I trust that before the end of the week we have some resolution, at least in the U.S. Congress, that will help to stabilize the situation. We need that. I hope we get that," he said.

Gee, here I was thinking M$ was losing it's ass because they don't have products worth buying. Ignore under performing M$ partners like Dell, HP, and CompUSA. Now we know that the predatory lending scandal is really to blame.

Whatever the reason, good riddance. Non free software is a failure, Mr. Ballmer. Vista puts all of the nasty bits on display, kind of like anti-trust cases shine a light on M$ business practices. Take your restricted software, fake standards, technical evangelism slog and shove them. Make sure the shareholders keep you from giving yourself that $20,000,000 bonus. No one you work with has earned more than a nice long stay in jail.

Update: M$ officially pressured legislators to pass the bailout:

Earlier in the week, Microsoft had e-mailed members of the state's House delegation who voted against the first version of the bill Monday. The message, Smith told the Seattle Post-Intelligencer on Tuesday, read: "Microsoft strongly urges members of the U.S. House of Representatives to reconsider and to support legislation that will re-instill confidence and stability in the financial markets. This legislation is vitally important to the health and preservation of jobs in all sectors of the economy of Washington State and the nation, and we urge Congress to act swiftly."

While Washington state legislators voted down the measure, we see that corporate pressure won the day elsewhere. The overwhelming majority of people who phoned or wrote Congress about this were against it. The opposition was so great that it overloaded the email and phone systems.

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Sweaty B Says M$ Needs a Bailout.

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  • Twitter also forgot to mention this in the Story

    "I think one has to anticipate that no company is immune to these issues," he said, but declined to be more specific.

    Wall Street analysts, on average, expect the Redmond, Washington-based company to generate an 8 percent rise in revenue to just under $15 billion in its first-quarter ending in September.

    "There are parts of our every business which are probably 'safe' in the sense that it's not like our business would go to zero," he said in an interview.

    I wonder why. Actually, I know why he would conveniently forget to put that little bit of information in his story. The reason is it knocks his entire FUD-fest down like a house of cards.

    Gee, here I was tinking M$ was losing it's ass because they don't have products worth buying.

    Personal opinion, not fact. IMO, Expression web is an excellent piece of software.

    M$ partners like Dell, HP, and CompUSA. Now we know that the predatory lending scandal is really to blame.

    Whatever the reason, good riddance.

    can you cite your sources on that? All this time, I though Dell was selling PCs with more than just Microsoft Windows, HP was using Linux for at least workstations, and CompUSA [linux.com] was selling su

Top Ten Things Overheard At The ANSI C Draft Committee Meetings: (7) Well, it's an excellent idea, but it would make the compilers too hard to write.