U.S. Treasury has less cash on hand than Apple
Started by JuiceMan
almost 15 years ago
Posts: 3578
Member since: Aug 2007
Discussion about
Steve Jobs for president? http://tech.fortune.cnn.com/2011/07/29/the-u-s-treasury-has-less-cash-on-hand-than-apple-inc/?iid=HP_LN
Does this include Fed holdings?
Nope. LICCDope.
The Fed owns the world, RS.
some new corporate taxes should soon solve this problem...
Nobody thinks Apple is a better credit than the U.S. gov't
And by the rating agencies own criteria Apple could never have a higher rating than the U.S.
MMmm which is better:
Ability to manufacture (print) IPADS or printing dollars. Which would turn into toilet paper first?
Apple being the most valued company in the world is kind of scary. The iPhone, iPad, and iTouch are nice, but NOT the greatest thing since sliced bread.
In fact, I don't own any of them, and am living quite comfortably without.
The Nokia is just fine.