Sunday, July 22, 2012

Why The Economy Is Stalled

Mountain of Corporate Cash Sits Idle (Video) - Truthdig

Figures from the Internal Revenue Service suggest that nonfinance companies based in the United States are holding more than $5 trillion in cash, triple what the Federal Reserve reports—idle money that Reuters columnist David Cay Johnston suggests would be better spent creating jobs, paying dividends and sharing the burden of taxes...

More of the same: Report: World's rich hide at least $21T offshore - CBS News

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