ARTICLE: Companies Are Sitting on More Cash Than Ever Before

[Schmoove]

ARTICLE: Companies Are Sitting on More Cash Than Ever Before - US Business News - CNBC

Comment from article:

Headline: Why Companies Are Sitting On More Cash Than Ever Before Corporations are stowing away cash

Simple answer that no will be honest about.

That are waiting to see if there efforts to get the black guy out of office will work.

You know why. To put their white corporate w h o r e in the white house.

Why? To create a plutocracy.....like the one in Russia.

 

[radio rahiem]

as if this wasn't already obliviously obvious

 

[Schmoove]

as if this wasn't already obliviously obvious

So why is Obama getting the blame?

Average joe sees this in action when he fails to get a raise 2 years in a row. That's not the Presidents fault. That's his greedy employer!

 

[Serious]

Honestly the rich got richer under now. They're trying to take wealth to a whole nother level under R-money. We might start to see some trillionaires emerge during the next 4 years if R-money is elected.

 

[TrueEpic08]

Honestly the rich got richer under now.

The blatantly obvious truth that no one will really mention.

 

[Serious]

Yeah but Obama is an expansionist bro. The problem is that he tried to appease too many sides, instead of focusing on one angle. There's no doubt he's a highly intelligent person who learns quickly, but the presidency is a highly criticized job, and imo, he wasn't seasoned enough or didn't have enough experience with "American" politics, to effectively run his tenure.




With that said, Romney is a complete buffoon too. The man basically said the first thing he's about to do is gut a bunch of government programs when he gets into office. AKA, more layoffs.

 

[acri1]

Yeah, a lot of these corporate fatcats could easily hire people but won't just because they don't like Obama. It's petty, but people in positions of power have it like that.

I've heard lots of stories lately of CEOs and owners of companies threatening to lay people off and shyt if Obama is reelected.

http://rendezvous.blogs.nytimes.com...g-why-wall-street-and-the-wealthy-hate-obama/
http://www.newyorker.com/reporting/2012/10/08/121008fa_fact_freeland

 

[PortCityProphet]

thats what ive been suspecting. they saw how they could get one person to do multiple jobs for low pay and said screw hiring aint nobody quitting their job

 

[Rufus Dufus]

I thought they're doing that because of weak demand.

 

[Reality]

I'm sure this shyt happens, but I can tell you from hearing the discussions of my company's executive management that it's much more about uncertainty around what 2013 will look like at this point. Look at earnings. They're soft as fukk. Outlooks are being cut left and right. Why would you go hire people to sit around and do nothing? Why would you invest in capital that's just going to depreciate, fukk up the costs of your inventory, and go underutilized?

I'm 100% sure there are some fat cats/management that don't like Obama and want to stick it to him. I'm also 100% sure that an even larger amount of execs are on these political items and just want business to get better. Their incentive packages demand it .

 

[Piff Perkins]

This has been the case for a few years now. They recovered from the crash, but are still refusing to put that money back into the economy. Sure there is uncertainty in the market, but there's also a lot of greed going around. Companies have realized smaller work forces can be even more productive than larger ones, which means the company makes more profit while paying less. I expect things to change in the next year, as the economy continues to improve, but we may also be seeing a "new normal" in terms of how corporations hoard cash

 

[Serious]

I'm also 100% sure that an even larger amount of execs are on these political items and just want business to get better. Their incentive packages demand it .

I wouldn't doubt it but the trend seems to be;

This has been the case for a few years now. They recovered from the crash, but are still refusing to put that money back into the economy. Sure there is uncertainty in the market, but there's also a lot of greed going around. Companies have realized smaller work forces can be even more productive than larger ones, which means the company makes more profit while paying less. I expect things to change in the next year, as the economy continues to improve, but we may also be seeing a "new normal" in terms of how corporations hoard cash

This^^ basically doing more with less. Now workers are disposable and easily replaceable, but citizens are overall desperate for jobs. Now you can pay someone a fraction of the their salary and they'll be content, not to mention slower raises.

With that said, businesses come and go. Just like supply and demand, products a have good run then they move on.

For example, the walkman was popular in the 1980 throughout the late 90's. Then MP3 players hit the scene.

Mp3 players as of recently have been replaced by cellphones with mp3 players.

Point is, the companies who can't afford to compete, cut their loses and go out of business, that's life...

 

[Schmoove]

At some point, the cash hoarders will fall behind. It's a law of nature. It's like eating without shytting. Sooner or later, those who shyt will move ahead of the game. Those who don't just might go under.

I say let em sink if that's what they're doing. Fukk em.

 

[Julius Skrrvin]

"we cant afford to manufacture here"