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"Pilgrim and Sojourner." - 1 Peter 2:11

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


Here's something to keep in mind as you follow this evening's congressional debate over the debt ceiling.

According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion at the end of the day yesterday.
Apple's last earnings report showed that the company had $76.2 billion in cash and marketable securities at the end of June.

In other words, the world's largest tech company has more cash than the world's largest sovereign government. ...

read more: http://read.bi/pRO4OW


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SI Moderator - Greg Gordon

 2011/7/31 20:49Profile
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 Re: Apple Now Has More Cash Than The U.S. Government


Abit concerning to say the least. It makes you think twice to use an apple product to add to this.


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SI Moderator - Greg Gordon

 2011/7/31 20:56Profile
Lovefirst
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Joined: 2011/4/2
Posts: 103
Lake Charles, LA

 Re:

However, we hold the worlds largest gold reserve. And we have the largest military in the world. Although, this means nothing to God. I'm glad my King reigns on high and I don't have to put any hope in any man.


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Bryan Reed

 2011/7/31 21:51Profile









 Re:

Even Walmart has more cash than the Feds.

 2011/8/1 0:52
dspks
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Joined: 2006/3/15
Posts: 168
Dakotas

 Govt. vs Apple

At least what Apple produces WORKS...

 2011/8/1 1:52Profile
Aussiedler
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Joined: 2005/2/14
Posts: 109
GERMANY

 Re:

I don't want ot offend my american brothers, but:

Your gold reserve is meaningless, because if China's grip on you get tighter, you have to give all the gold/money to china (USA is their greatest debtor...)

Besides there are rumors, that the gold reserve is not soo big as it should be - if that is found out to be true, than you have the next crisis.

Your military is far advanced, when it comes to technology, but again china and russia have stronger armies and it seems that their Soldiers are much more trained to endure hardships.

america is in a very poor situation, when you view it from europes viewpoint...

 2011/8/1 6:04Profile









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

Amazing that we can't discern Socialist propaganda when we read it.

Why didn't they Also mention Microsoft? Hmmm? Bill Gates is in like flint with the World's Govs.

Apple didn't take the money out of anyone's paycheck and lie and say that they'll spend your money wisely.

No one takes the money out of your paycheck but the Fed and sends it where??? The IMF just for one.

There is a move to take down the competitors and consolidate to just a very small hand-full of manufacturers, banks, food chains and so forth, into the hands of only those who are tied in with the Gov.s of this world so that the Facist State is in place.
They'll even take down their friends, one by one. Those who we think are financially secure now, won't be, if they're not in with the elite group of this world.

I'm sure Bill Gates will be safe for quite some time.

Yes, this from the BusinessInsider is socialist propaganda and fascism is already here, but we're brain washed & blinded well enough to not see it.

 2011/8/1 7:18
Lysa
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Joined: 2008/10/25
Posts: 3407
This world is not my home anymore.

 Re:

Aussiedler,

Amen! You speak the truth and thank you for daring to.

God bless,
Lisa


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Lisa

 2011/8/1 7:22Profile









 Re:


America deserves to be "in a very poor sitution", Aussiedler.

We had the opportunity to pay more 'attention' to where our money went - [missions, etc] - then post what has been posted as Threads News -- and just look at the number of Views on these topics compared to those that concern where our thoughts & money should have been going.
Take note of what type topics get the highest views.
Very disheartening.
Just a microcosm of the sick selfish witness of the church in the US.

 2011/8/1 7:34
PaulWest
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Joined: 2006/6/28
Posts: 3405
Dallas, Texas

 Re:

If you haven't yet taken the Stars and Stripes to the cross, this should be the clarion call. A very wonderful liberty arises in the heart when the bond of patriotism is nailed to the cross. I served 4 years in the United States Army and then 6 in the Army National Guard, so I am qualified to make this assessment.

The USA is a great thing - but like the very best of all temporary earthly possessions, it is inevitably flawed. Let us set our mind on the real weight, the real gold: eternity. The cross, the blood of Christ, the ineluctable grace of God toward sinners. America is here, but could be gone tomorrow in a sweep.

Let us set our eyes instead upon the eternal and immeasurable: The Son of God who claims no earthly nation as His own, for all are as a drop in a bucket.


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Paul Frederick West

 2011/8/1 10:31Profile





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