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Crew Lounge => Conversations => Topic started by: Dangelus on July 29, 2011, 11:06:44 AM

Title: Apple now holding more cash than the USA!
Post by: Dangelus on July 29, 2011, 11:06:44 AM
All I can is wow.

http://www.bbc.co.uk/news/technology-14340470 (http://www.bbc.co.uk/news/technology-14340470)
Title: Re: Apple now holding more cash than the USA!
Post by: Bryancd on July 29, 2011, 11:48:43 AM
Duh, it's a much better run business.
Title: Re: Apple now holding more cash than the USA!
Post by: X on July 29, 2011, 12:06:03 PM
Quote from: Bryancd on July 29, 2011, 11:48:43 AM
Duh, it's a much better run business.
LOL! Well, if the USA had a product to sell, I think it would be a better business. All things considered, we could be Greece. As far as nations go, I think we're doing pretty good. We're still #1 with the International Monetary Fund, World Bank, and some other stuff.

We might have issues, but let's remember the perspective. USA isn't a for profit entity.
Title: Re: Apple now holding more cash than the USA!
Post by: X on July 29, 2011, 12:09:21 PM
What's really telling about these big corps is their range! I have the same energy provider as some of our friends across the pond, National Grid
Title: Re: Apple now holding more cash than the USA!
Post by: sheldor on July 29, 2011, 02:21:58 PM
Quote from: Bryancd on July 29, 2011, 11:48:43 AM
Duh, it's a much better run business.

That's where president Obama has missed the boat.   I remember a line from the movie Dave

"If I ran my business like this, I would be out of business"
Title: Re: Apple now holding more cash than the USA!
Post by: X on July 29, 2011, 02:36:58 PM
Quote from: sheldor on July 29, 2011, 02:21:58 PM
Quote from: Bryancd on July 29, 2011, 11:48:43 AM
Duh, it's a much better run business.

That's where president Obama has missed the boat.   I remember a line from the movie Dave

"If I ran my business like this, I would be out of business"
Don't blame Obama. No president has EVER run the country like a business because, well, it's not a business.
Title: Re: Apple now holding more cash than the USA!
Post by: KingIsaacLinksr on July 29, 2011, 03:11:23 PM
Quote from: X on July 29, 2011, 02:36:58 PM
Quote from: sheldor on July 29, 2011, 02:21:58 PM
Quote from: Bryancd on July 29, 2011, 11:48:43 AM
Duh, it's a much better run business.

That's where president Obama has missed the boat.   I remember a line from the movie Dave

"If I ran my business like this, I would be out of business"
Don't blame Obama. No president has EVER run the country like a business because, well, it's not a business.

I think its a mistaken idea that we think Business people can run the country better than the politicians, we simply aren't designed for it as a nation.  The President is not the CEO of our country. 

So, basically what X said. 

King
Title: Re: Apple now holding more cash than the USA!
Post by: Bryancd on July 29, 2011, 03:46:12 PM
Yeah, I don't know how apt the analogy is but it is amusing.
Title: Re: Apple now holding more cash than the USA!
Post by: X on July 29, 2011, 04:29:05 PM
Quote from: Bryancd on July 29, 2011, 03:46:12 PM
Yeah, I don't know how apt the analogy is but it is amusing.
That and if it was a business, our product would be our population. If our product was our population, then we'd have to take much better care of it if we want to turn a profit as a business. We'd have to make sure that we have a great warranty for said product (health, employment, and happiness) to make money (taxes). To do that we'd need a much better factory than we have (education system) and a better means of handling the return of flawed product (corrections system). We'd also need to make sure that we weren't constantly giving away our product at a loss (Global peace keeping mission).

If anyone wanted to run the country like a business then they would need to make sure that we had the best product in the world and I don't see any businessman wanting to take the loss and anger of having to rebuild the entire system to do so.
Title: Re: Apple now holding more cash than the USA!
Post by: turtlesrock on July 29, 2011, 04:47:02 PM
well it makes sense. the US doesn't have a product to sell, and apple does, so yea. it makes sense. i was going to say "sweet" but now i think this is a "wow" kind of moment.
Title: Re: Apple now holding more cash than the USA!
Post by: Feathers on August 01, 2011, 12:35:23 AM
Quote from: X on July 29, 2011, 12:09:21 PM
What's really telling about these big corps is their range! I have the same energy provider as some of our friends across the pond, National Grid

:offtopic Ironically, National Grid doesn't directly supply anybody over here. As a privatised part of the old Central Electricity Generating Board, they're responsible for the high-voltage electricity (and now gas) distribution networks with direct to consumer sales being handled by what used to be the regional electricity boards.

http://www.nationalgrid.com/uk/About/history/ (http://www.nationalgrid.com/uk/About/history/)
Title: Re: Apple now holding more cash than the USA!
Post by: stonut on August 01, 2011, 03:13:45 AM
mind you it dont stop the suppliers putting our gas and electric up by 18% every year and sometimes twice a year.