My business degree is only a B.S. (to go along with my B.A. in Music), but a billion in liquid assets isn't a bad position to be in.
On Thu, Apr 10, 2008 at 8:16 PM, Tom Hargrave <[EMAIL PROTECTED]> wrote: > 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. > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > No virus found in this incoming message. > Checked by AVG. > Version: 7.5.519 / Virus Database: 269.22.11/1368 - Release Date: 4/9/2008 > 4:20 PM > > > No virus found in this outgoing message. > Checked by AVG. > Version: 7.5.519 / Virus Database: 269.22.11/1368 - Release Date: 4/9/2008 > 4:20 PM > > > > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > -- LT Don http://don.homelinux.net/~don/ apt-get update apt-get upgrade The following packages will be replaced Prez Do you want to continue? [Y/n] Y _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
