Tag Archives: government

Apple has more cash than the US Government

According to CNN, Apple now has more cash on hand than the United State government. Wow!!!

“the government had an operating cash balance Wednesday of $73.8 billion.

Tech juggernaut Apple had a whopping $76.2 billion in cash…”

Apple Confidential 2.0: The Definitive History of the World's Most Colorful Company Owen Linzmayer, Owen W. Linzmayer The thing to keep in mind is: isn’t most of the ca$h the government has already allocated for something? This money that Apple has isn’t even allocated to do anything (to our knowledge). Their stock has hit it’s highest numbers ever and they’re likely to release a new iPhone in a month or two when they usually release new iPods and new iPod touches.

The was a rumor the other day they might buy Barnes and Nobel for $1.5 billion, that’s pocket change when they’ve got $75 billion(!) in the bank. Imagine how cheap they could have got Borders if they had wanted it.

Why We Need Government-Run Universal Socialized Health Insurance

I’ve generally had pretty great health insurance. But I’ve been bothered that so many people have no insurance. This is a simplification of the benefits of socialized health ‘insurance’.

Here’s the direct link to it YouTube.

Here’s the thing: I think that some kind of socialized health will probably personally affect me negatively. I think that companies that offer great insurance will cut back a bit and it’ll cost me more out of pocket either at work or in my taxes (even if they don’t cut back, it’ll cost me in my taxes). But for more people to have better health care I’m willing to lose some of mine.

* Disclaimer: This is my view-point. I’m not very political. I’m (mostly) just sharing this cartoon and titled the post the same as the video. But feel free to offer your 2 cents on the video.

Repealing the 22nd Amendment

So a bill has been proposed to repeal the 22nd Amendment, it’s the one that says how long you can be president.

The title for H.J.RES.5 (111th Congress) is:
Proposing an amendment to the Constitution of the United States to repeal the twenty-second article of amendment, thereby removing the limitation on the number of terms an individual may serve as President.

Introduced 1/6/2009 by Rep. Jose E. Serrano [NY-16].

This is a direct link to the Library of Congress search results the actual document isn’t very long. If the link doesn’t work you can do the search yourself: go to the search and search for “H.J.RES.5”, be sure to change the search to “Bill Number” (make sure the 111 is selected at the top).

You know me, I’m not way into politics, maybe someone suggests this every year…?