Apple holding more cash than USA

Discussion in 'Serious Chat' started by hawk, Jul 29, 2011.

  1. #1
    hawk

    hawk because the internet LPA Super VIP

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    Source: BBC Tech

    I never would've though this would happen.
     
  2. #2
    MKH

    MKH That's wharrrt it is LPA Super VIP

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    Really? I've been waiting for some sort of official confirmation/news about a corporation having more money than the government. I'm not that into politics and the sort but I know enough to know that the US government system follows the mentality of a greedy child: spending more money than it has. Spending $200 BILLION more than what you should be? On what? Maybe it's just me that doesn't see any difference in everything we all complain about in the economy.
     
  3. #3
    Agent

    Agent Formerly known as Agent Sideburns LPA Über VIP

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    Doesn't surprise me. Corporations control the government.
     
  4. #4
    Benjamin

    Benjamin LPA team LPA Super VIP

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    Tax the living fuck out of them /wishful thinking.
     
  5. #5
    The Fortunate One

    The Fortunate One Well-Known Member

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    This.
     
  6. #6
    travz21

    travz21 Muscle Museum LPA Super Member

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    We need Ron Paul to come to the rescue before we all burn in a fiery doom.
     
  7. #7
    The Emptiness Machine

    The Emptiness Machine Out of the abyss. LPA Über VIP

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    Tax 'em! :lol:

    Also, Ron Paul is a fucking cunt. I don't see why so many people like him and just ignore all the bad things.
     
  8. #8
    SuperDude526

    SuperDude526 Well-Known Member

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    Three conflicts, poor people, old people, infrastructure and maintenance, and public service fees. :p
     
  9. #9
    travz21

    travz21 Muscle Museum LPA Super Member

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    Examples of cuntness?
     
  10. #10
    The Emptiness Machine

    The Emptiness Machine Out of the abyss. LPA Über VIP

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    It's just my opinion that he is kind of a racist homophobic man.
     
  11. #11
    travz21

    travz21 Muscle Museum LPA Super Member

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    A homophobic man who supports gay marriage?
     
  12. #12
    ThaHandyman

    ThaHandyman Banned

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    'homophobic' is the most ignorantly idiotic and over/misused adjective i know of.
     
  13. #13
    Benjamin

    Benjamin LPA team LPA Super VIP

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    Ron Paul isn't homophobic at all. I don't like him but that's not true.

    His view on taxes however is messed up though.
     
  14. #14
    The Emptiness Machine

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    I may be wrong about the homophobic comment, and I'm willing to admit when I am wrong. I don't agree with his support of DOMA, taxes or the right to have a "No blacks" or "No ------" signs for businesses.
     
  15. #15
    Vriska

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    Apple: I suppose that's what happens when you charge outrageous amounts of money for hardware that isn't worth half that.

    I like that he sticks to his beliefs.... I just wish his beliefs were based on reality instead of an extremely flawed ideology.
    Actually scratch that... he's even sacrificing that to fit in with Republicans. Anyone who supports DOMA cannot possibly be a real Libertarian.
     
  16. #16
    travz21

    travz21 Muscle Museum LPA Super Member

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    He wants the government to follow the constitution, which it isn't doing and probably hasn't done for a very long time. Most of the concepts/views I've read of his don't seem illogical or impractical. I don't get why he supported DOMA back then, but his other comments seem to show that he's fine with people doing whatever they want as long as it doesn't interfere with others. He wants to legalize drugs, pardon non-violent criminals and get them out of our overpopulated and money-burning prisons, and basically let gay people do whatever they please. He just doesn't want the federal government involved with any kinds of marriages.


    His views on same sex marriages is kind of confusing though, since he did support DOMA. Here's something to read from wikipedia http://en.wikipedia.org/wiki/Political_positions_of_Ron_Paul#Sexual_orientation_legislation


    Edit: Also, to get back on topic (kind of), his views on what to do in this debt crisis make the most sense from any I've heard. The dude is just a smart man who wants to follow the constitution and give us all the rights we deserve and not let our government get taken over by the evil scumbags in there now.
     
    Last edited: Jul 30, 2011
  17. #17
    Benjamin

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    What really bothers me about him is that he wants to eliminate the income tax. I strongly disagree with that. He's just another person that thinks taxes are evil (even though there is no evidence to support that. In fact, if anything, history shows that high taxes are a good thing).

    But his social views are a breath of fresh air out of all of the Republicans. I'll give him that.
     
  18. #18
    Super Sonic

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    Tax 'em.
     
  19. #19
    Luke

    Luke Mind Your Manners. LPA Addicted VIP

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    That's capitalism for you. Sure, Apple is a less than ethical company, but congragulations to them for getting into that financial position.
     
  20. #20
    Todd

    Todd FLǕGGȦ∂NKđ€ČHIŒβǾLʃÊN LPA Administrator

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    How much of that cash does Apple have in the US? Apple and a lot of other companies have huge cash reserves in offshore bank accounts and refuse to spend a dime of it in the US because they don't want to pay taxes if they bring it stateside. Corporate greed at its finest.
     

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