Wednesday, July 20, 2011

Evidence for conspiracy

In case you thought my previous post was a bit too conspiratorial (corporations are hoarding cash to buy up the country), look at this:

29 companies have more cash on hand than the US Treasury

These "job creators" are sitting on huge bank accounts. Why would anyone think that giving them tax breaks and more cash would result in them creating jobs?

They'll hire people when they need more workers to meet demand. In the meantime they'll wait for deflation, and then buy assets at bargain rates. Sadly, it appears the one commodity they are spending on right now are Congressmen.

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