Open Thread Friday

July 29th, 2011 11:09 AM

Today's starter topic: As you likely know, there still is no agreement on the debt ceiling. Perhaps the government should hit up computer manufacturer Apple for the cash, since the liberal-loved company now has more cash on hand that the U.S. Treasury:

While it’s highly unlikely that President Barack Obama is looking to ask the founder and chief executive of Apple Inc. for a loan, it became a fact as of Thursday afternoon — the world’s largest technology company now has more cash on hand than the most powerful democracy on Earth has spending room.

As Republicans and Democrats continue to work towards a compromise to the country’s debt ceiling crisis, the U.S. Treasury Department said on Thursday that Washington now has a total operating balance of only US$73.768-billion.

Meanwhile, Apple currently boasts a cash reserve of US$75.876-billion, as of its most recent quarterly earnings report at the end of June.

Funny how there aren't any calls for "windfall taxes" on Big Apple. Could that have anything to do with the company's long record of supporting liberal causes?