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




Related Articles
The United States of Apple
High Fascism
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

Secret Project Created Weaponized Ebola In South Africa In The 1980s
2014 10 21
“No records are available to confirm that the biological agents were destroyed.” Operating out of South Africa during the Apartheid era in the early 1980’s, Dr. Wouter Basson launched a secret bioweapons project called Project Coast. The goal of the project was to develop biological and chemical agents that would either kill or sterilize the black population and assassinate political enemies. ...
Controlling the American Mind: The Viral Liturgical Psychodrama
2014 10 20
In order to successfully navigate the raging sea of media shit storm, one must be ever-mindful of the overall designs of mass media without getting lost in endless details and rabbit trails that will be forgotten in a month. Remember Bowe Bergdahl? Remember how media was furiously researching his back story to make details match-up, all of which ended up ...
People are merging with machines
2014 10 20
Ian Burkhart concentrated hard. A thick cable protruded from the crown of his shaven head. A sleeve sprouting wires enveloped his right arm. The 23 - year-old had been paralysed from the neck down since a diving accident four years ago. But, in June this year, in a crowded room in the Wexner Medical Centre at Ohio State University, Burkhart’s ...
Illegal Aliens Cleared For U.S. Military Service
2014 10 18
The Pentagon announced a new policy allowing illegal immigrants the opportunity to enlist in the armed forces, Thursday. USA Today reports that the new recruitment policies will focus on people with "high-demand skills" like foreign language acumen and health care training: "For the first time, the program — known as Military Accessions in the National Interest, or MAVNI — will ...
Bronze Age Sundial-Moondial Discovered in Russia
2014 10 16
A strange slab of rock discovered in Russia more than 20 years ago appears to be a combination sundial and moondial from the Bronze Age, a new study finds. The slab is marked with round divots arranged in a circle, and an astronomical analysis suggests that these markings coincide with heavenly events, including sunrises and moonrises. The sundial might be "evidence of ...
More News »