EdB,

And you don't think that their Billion (with a B) in liquid
Monies is being invested somewhere? Even if they were stupid enough to have
it all in a checking account, the bank has the money re-invested in our
economy. But more than likely it's all spread across investments and with
investments at this scale, they probably have a team of investors making
their Billion (with a B) work very hard, all to the indirect good of our
economy.

Thanks,
Tom Hargrave
www.kegkits.com
256-656-1924
 

-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
On Behalf Of Ed Booher
Sent: Thursday, April 10, 2008 1:39 PM
To: Mercedes Discussion List
Subject: Re: [MBZ] Gave in... WAS: Must... resist... temptation

On Thu, Apr 10, 2008 at 1:24 PM, Tom Hargrave <[EMAIL PROTECTED]> wrote:

> And, no these companies do not hoard their long term profits. If a company
> is fortunate enough to have millions or billions in the bank, the money is
> invested and these investments are part of the "fuel" that runs our
> economy.
> In other words, the money is "released back into the overall income stream
> of the general public" through investments made by those in charge of
> managing these supposed "excess profits". The general public wins by being
> able to work at all of the jobs that are created by these investments!


Tell that to Apple. They are sitting on a billion (with a B) in liquid
monies, and I can't even get a dividend back as a shareholder. Oh no, there
are corporations that hoard money for a rainy day and does not let it out of
their sight for as long as possible.

And, for every billion sitting in a bank for a company doing nothing but
drawing a limited interest, there is another hundred thousand making it's
way across our borders in illegal aliens going home to live the good life,
outsourcing, international contracting, etc.

The reason "The Dubya" has pushed to have another refund to "stimulate the
economy" is because so many people/companies are sitting on monies seeing an
incoming recession and so much is crossing our borders and *not* coming
back. As a country we are simply bleeding money, and no tourniquet is big
enough to now staunch the flow.

Something simply must be done, American money is American money and it needs
to be working for the American economy.

Just my own opinion though, I guess.

EdB

-- 
"I'm a Night Elf Mohawk!" - Mr. T.
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