Cash hoarders! U.S. companies sitting on $5 trillion - Decoder

The Fed says American companies are sitting on $1.7 trillion of cash, but Reuters columnist David Cay Johnston found that the number is actually three trillion higher. Johnston explains why are they sitting on so much cash. (July 16, 2012)

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  News & Politics

[Dana Dodd]

Ignorance is bliss right?

[makemoneyonline331]

I agree with umadyeahyoumad

[SuzeSeashell]

Is it your money? Did the government earn the money? Look at yourselves, earn your own money with a little initiative, ambition and creativity. Targeting others will never be your answer, YOU ARE! Live with Love in your heart, be your own <3

[UmadYeahYoumad]

Agreed!

I'm getting on the govt dole to protest and I don't plan on paying a dime into the system. Fuck the government!

[UmadYeahYoumad]

It's all a show. The republicans and democrats work for the same entity anyway. In reality there is no such thing as a republican or democrat. They exist just to make people think that we're still living in a democracy when in reality we're living in a dictatorship and we're what you call modern day slaves.

These people are smart no doubt. They really fooled everyone. I'll laugh though when all fiat currencies flatten out and their "profits" become worthless if everyone goes to gold or silver.

[Elcid Martinez]

Investing capital and not hoarding it, is capitalism. There not spending it. that's the point. There are millions of unemployed people who would disagree with your statement.

[dmckenz1]

They are withholding investments to make jobs/economy look worse under Obama. If Repukes win in 2012 election, they will start the hiring to make the repukes look like they fixed everything. This is part of their public pledge to ruin the USA for 4 years to get back the presidency, remember?

[Felrika]

No. If companies are spending that kind of money, chances are that it's going to be an investment of some kind or another, meaning that they're intending on making more money back. This flow of cash, both to and from corporations, is the foundation that makes the competition inherent in Capitalism possible.

[RJForce]

If the companies spend their cash won't it cause the banks to collapse due to not having sufficient funds in reserve anyway?