Filed under: Google (GOOG), Microsoft (MSFT), Apple Inc (AAPL), Cisco Systems (CSCO), Berkshire Hathaway (BRK.A), Media World, Chasing Value
The Apple (AAPL) iPhone and iPad are all the rage and the demand exceeds the supply. The supply produced in China is where we are sending a lot of our money -- stimulus money.
Ongoing discussions about whether the federal government should, or should not start priming the economic pump again with a another $750 billion got me thinking: what happened to the first stimulus money?
The money did not evaporate. It did not go up in smoke, and contrary to popular belief, Congress did not eat it, try as they might. If it still exists then why would the economy need more -- and the debt burden that goes with it?
Continue reading Chasing Value: Corporate America Hoarding $1.6 Trillion
Chasing Value: Corporate America Hoarding $1.6 Trillion originally appeared on BloggingStocks on Mon, 09 Aug 2010 14:00:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Apple - IPhone - Microsoft - Google - Cisco Systems