Max Keiser: Apple Has More Cash & Greater Market Cap Than U.S. Government

Video - Max & Stacy On Apple's Cash And Overseas Jobs - Aug. 2, 2011

A slightly different take on the bounty of Apple's balance sheet.  A related story (somewhat) from Yves Smith today:

Software Outsourcer Infosys Sued for Alleged Large Scale U.S. Employment Fraud

Comments

[DailyBail]

WASHINGTON (MarketWatch) — As fears grow that the U.S. economy is about to fall into a recession, here’s a partial list of recent reports on data that have reached multi-month lows:

http://www.marketwatch.com/story/chronicle-of-gloom-economic-indicators-at-lows-2011-08-03

[DailyBail]

Private-sector jobs up 114,000 in July, ADP says

http://www.marketwatch.com/story/private-sector-jobs-up-114000-in-july-adp-says-2011-08-03

[DailyBail]

Five Year-Long Chinese Cyber-Hacking Scheme Infiltrated Global, National Organizations

http://www.theepochtimes.com/n2/world/five-year-long-chinese-cyber-hacking-scheme-infiltrated-global-national-organizations-59903.html

[TR]

Glad all of APPLE's manufacturing is in the U.S. Also HP,DELL,GE, etc.,etc.,etc. Employment is soaring!!!

[LiberatedCitizen]

Employment lol not much of that these days have you read about all the obamaville's popping up around the country when is someone going to start calling it a depression?

"Sudden And Unexpected" Burst Of Downsizing Causes Layoffs To Explode Nearly 60% In July

Read more: http://www.businessinsider.com/challenger-layoffs-report-for-july-2011-8#ixzz1U0MIEiml

[DailyBail]

Saw the Challenger job report earlier. Pretty brutal indeed LC.

[S. Gompers]

Our Government has no cash, only worthless IOU's that they would like to pretend is money as long as they can keep getting the debt ceiling raised the charade will continue...

[Dave]

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

http://news.yahoo.com/blogs/ticket/apple-more-money-federal-government-163023405.html

http://finance.yahoo.com/news/Apple-Now-Has-More-Cash-Than-siliconalley-2326997592.html?x=0&.v=3

Talk of Apples to Oranges?
Apple to US government: change mindset of defeat.

http://sg.news.yahoo.com/apple-us-government-change-mindset-defeat-024938527.html