Music Banter

Music Banter (https://www.musicbanter.com/)
-   Current Events, Philosophy, & Religion (https://www.musicbanter.com/current-events-philosophy-religion/)
-   -   Apple Inc is now richer than the US federal government (https://www.musicbanter.com/current-events-philosophy-religion/57796-apple-inc-now-richer-than-us-federal-government.html)

Janszoon 07-29-2011 07:17 PM

Quote:

Originally Posted by oojay (Post 1090316)
The government should issue stock like an IPO, that way citizens could own it and actually have a say in how it is run.

And when Wal-Mart owns a controlling interest in the government?

[MERIT] 07-29-2011 07:22 PM

Quote:

Originally Posted by Janszoon (Post 1090321)
And when Wal-Mart owns a controlling interest in the government?

Do as Walmart does.

Who needs to pay for national security when you can sit a half-conscious 80 year old woman at the border with a sharpie and a price scanner?

Walmart has $4 prescriptions, so that takes care of health care.

I don't see a downside.

hip hop bunny hop 07-29-2011 07:52 PM

oojay, people already get a say in how the government is run. It's called voting. I fail to see how allowing a few people to have massive sway over the government would be a good thing, especially when that'd mean non-citizens and foreign governments would be able to vote.

Anyways, look at how the market is responding to the American national debt; interest on bonds remain insanely low. This is a good barometer, people.

Quote:

I don't even live in the States but I do know that the US government owes a significant amount of money to Canada.
Yeah, it's like Canada is the USAs #1 source of oil (thanks, tar sands!), which causes this thing called a "trade deficit" to be created, hence.....

Burning Down 07-29-2011 08:17 PM

Quote:

Originally Posted by hip hop bunny hop (Post 1090352)
Yeah, it's like Canada is the USAs #1 source of oil (thanks, tar sands!), which causes this thing called a "trade deficit" to be created, hence.....

I find it funny that gas is more expensive here than it is in the US, even though we have bigger oil reserves.

hip hop bunny hop 07-29-2011 10:53 PM

Actually, the USA has more oil than Canada; the problem is it's in a form of tar sands that's more difficult - that is, economically less cost effective - to develop. Further, our tar sands are in an area that's more population dense, which results (rightfully so) in a NIMBY attitude. (this is kinda of like how Venezuela just passed Saudi Arabia as the nation having the highest amount of proven oil reserves; what these statistics don't take into account is the economic viability of extraction & refining).......

But, yeah - why is oil more expensive in Canada than the USA? Well, it boils down to several things, but the primary one is that which I mentioned earlier - the USA's deficit fueling inflation. The idea being, you see, that it after inflation reaches point (X), it will be cheaper to buy American goods rather than foreign, resulting in a decrease in the trade deficit. So, for our current example, it'd make the green river tar sands more economically viable. It also makes our exports cheaper for foreign nations, and reduces the cost of our deficit, etc....

Forgive me if my post is a bit topsy-turvy, but Mr. Beam came over for a visit.

Engine 07-30-2011 12:13 AM

Quote:

Originally Posted by hip hop bunny hop (Post 1090453)
Actually, the USA has more oil than Canada; the problem is it's in a form of tar sands that's more difficult - that is, economically less cost effective - to develop. Further, our tar sands are in an area that's more population dense, which results (rightfully so) in a NIMBY attitude. (this is kinda of like how Venezuela just passed Saudi Arabia as the nation having the highest amount of proven oil reserves; what these statistics don't take into account is the economic viability of extraction & refining).......

But, yeah - why is oil more expensive in Canada than the USA? Well, it boils down to several things, but the primary one is that which I mentioned earlier - the USA's deficit fueling inflation. The idea being, you see, that it after inflation reaches point (X), it will be cheaper to buy American goods rather than foreign, resulting in a decrease in the trade deficit. So, for our current example, it'd make the green river tar sands more economically viable. It also makes our exports cheaper for foreign nations, and reduces the cost of our deficit, etc....

Forgive me if my post is a bit topsy-turvy, but Mr. Beam came over for a visit.

No that all kind of makes sense. Jim is chilling with me right now, too. Oddly, he tells me very different things. He says political borders don't really exist and that global economics are generally irritating machinations that distract humanity from reality. He'll never get me to vote for Ron Paul though.

Also, to the OP: I'm an American shopping for a shiny new MacBook currently. And a new case for my old iPhone.

TockTockTock 07-30-2011 04:11 PM

Hmmm... time to move to Canada.

Janszoon 07-30-2011 04:13 PM

Quote:

Originally Posted by Jack Pat (Post 1090613)
Hmmm... time to move to Canada.

Or maybe to China.

Burning Down 07-30-2011 05:02 PM

Quote:

Originally Posted by Jack Pat (Post 1090613)
Hmmm... time to move to Canada.

We have cookies. And free healthcare.

Janszoon 07-30-2011 05:09 PM

Quote:

Originally Posted by Burning Down (Post 1090621)
We have cookies. And free healthcare.

Yeah, but you also have ketchup flavored potato chips. *shudders*


All times are GMT -6. The time now is 09:48 PM.


© 2003-2025 Advameg, Inc.