Apple Now Has More Cash Than The U.S. Government

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a777pilot

Diamond Member
Apr 26, 2011
4,261
21
81
There are 17 Corporations within the US borders that have more cash than the US treasury.

It was in a well cited NYT article that i'm too lazy to look up.

Boy, I bet Bobo, the Post Turtle, really hates that.
 

gevorg

Diamond Member
Nov 3, 2004
5,070
1
0
Unlike Apple, government can print as much as money as they want, then create a new currency and trash all of Apple's money. :)
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
Heh. It's just the fabled "Job Creators" hoarding cash because of the "uncertainty" and lack of demand, both of which repubs are promoting with a vengeance.

Obviously, what they need is a tax cut, so they can hoard even more... hire a few more bean counters to figure out ways to lay off a few thousand workers, which will, according to Repubs, be just the thing to stimulate the economy...

We don't have "Job Creators" but rather "Job Craters" created as part of the ongoing class warfare being waged from the top down...
 

sportage

Lifer
Feb 1, 2008
11,492
3,160
136
Finally an idea for the congress. Assemble iPods in their spare time for Apple.
C-Span: Today the senate passed zero bills, but assembled 215 iPods.
C-Span: House passed zero bills, but assembled 118 iPods.
C-Span: Tea Baggers members spent the day staring at their screws.