> > Yes, but I believe that Dennis' point was about savings rather than
> > assets.
I'm talking about stories like this:
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/14/AR2010071405960_pf.html
Companies pile up cash but remain hesitant to add jobs
By Jia Lynn Yang Washington Post Staff Writer Thursday, July 15, 2010; A01
Corporate America is hoarding a massive pile of cash. It just doesn't want to spend it hiring anyone.
Nonfinancial companies are sitting on $1.8 trillion in cash, roughly one-quarter more than at the beginning of the recession. And as several major firms report impressive earnings this week, the money continues to flow into firms' coffers.
[...]
and this:
http://www.guardian.co.uk/commentisfree/cifamerica/2011/sep/21/occupy-wall-street-amy-goodman/print
Why 'Occupy Wall Street' makes sense
Banks are sitting on cash hoards and corporate profits are riding high – yet ordinary US taxpayers face joblessness and cuts
[...]
© 2011 Amy Goodman; distributed by King Features Syndicate