Apple has more cash than the US federal government
2011 07 31
By Chris Moody | TheTicket
Who’s ready for iAmerica?
As the BBC has reported, the software company Apple has more cash on hand than the United States federal government, according to the company’s financial records.
Apple’s quarterly financial report shows that the company responsible for the iPad, iPod and the iPhone now has $76.4 billion in reserve cash, while the Treasury Department is sitting on just $73.7 billion.
The feds could probably learn a thing or two from Apple’s success. Congress remains embroiled in a debate over spending and whether the federal government, which currently owes trillions in debt, should be allowed to borrow even more. International credit rating agencies have threatened to downgrade the national debt for the first time in the nation’s history if Washington doesn’t come up with a solution to lift the $14.3 trillion debt ceiling while implementing a concrete plan to get the nation’s financial house in order.
Meanwhile, Apple’s financial report shows that the company’s profits, even through the last recession, are booming.
Article from: news.yahoo.com
The United States of Apple
Social Engineering for the Coming Technofascist World
The Original Tea Party was not Anti-Government but Anti-Corporation
Socialism vs Corporatism, by Ron Paul
The "Hi Tech" Corporate Police State: "Reengineering" the Internet ... for Persistent Surveillance
Canada is a Corporation Under UK Queen
Watch Out: The World Bank Is Quietly Funding a Massive Corporate Water Grab
How Disney Magic and the Corporate Media Shape Youth Identity in the Digital Age
British Monarchy is a corporation / US is a Corporation not a Country
The Corporation (Video)
Corporatism - Wikipedia
Anonymous hacker group hits Apple, publishes data
Apple new Big Bro by developing patent to auto-disable iPhone cameras at concerts (and police or govt abuse incidents?)
Apple’s Jobs shows off "spaceship" headquarters plan
Apple slammed over iPhone, iPad location tracking
Latest News from our Front Page
Former Chief Security Officer for NewsCorp: N. Koreans Not Behind Sony Hack, Interview Leak
Hemanshu Nigam, a former federal prosecutor and former chief security officer for NewsCorp/Fox studios, says North Korea isn’t behind the Sony Hack.
Nigam gave several bullet points for why the hack was likely an inside job.
Attack code borrowed from a previous attack on Seoul, that’s why it’s in Korean. Private hackers typically borrow malicious code from other hackers.Nations state attacks follow ...
Sony Fires Back at Obama: Actually We Did Call the White House – Several Times
Sony fired back at Obama after the press conference saying they had several conversations with the Obama White House before and after the movie was canceled.
Via The Hollywood Reporter:
After President Obama criticized Sony for its decision to cancel The Interview's release after theater chains decided not to show the film, the studio has issued a statement elaborating on the move.
The Bankster International
Geopolitical analysis, the art of explaining power relationships through the prism of impersonal geography, can be a helpful tool for observers of the Great Game – but it also has its limitations. A case in point is the renewed US-Russia confrontation. Think tanks and policy insiders easily sell the narrative that from the dark days of the Cold War to ...
Another banker dies under suspicious circumstances
52-year-old Belgian Geert Tack – a private banker for ING who managed portfolios for wealthy individuals – was described as ‘impeccable’, ‘sporty’, ‘cared-for’, and ‘successful’ and so as Vermist reports, after disappearing a month ago, the appearance of his body off the coast of Ostend is surrounded by riddles…
Impeccable. Sporty. Cared for. Successful. Just some qualifications that are attributed to ...
NATO increases military presence on Russia’s borders
The Pentagon has confirmed the military buildup along Russia’s borders to ensure long-term “peace and stability” in the region.
Earlier Moscow accused NATO of a sharp increase in air activity and intelligence flights in the border zone.
Replying to RIA Novosti’s query on the increased number of NATO flights around Russia’s borders, a Pentagon representative told the news agency that the military ...
|More News » |