Posted To: The Garrett Watts Report

We mentioned recently that Google was sitting on $24.5 billion in cash. Apple has $40 billion in cash, and even after paying out huge dividends, Microsoft still has $37 billion in the green stuff. From a friend at the FDIC: “We are doing a LOT of hiring right now, in case you want to make your readers aware. These are temporary jobs (2+ years) mainly located in So. California, No. Florida, Chicago, Dallas and some other spots here and there. These are bank resolutions jobs – closing banks and liquidating them. HERE IS THE JOBS LINK . Okay, you guys. This may be a great way to get back on the merry-go-round! Unless you think California will default on its bonds, you can buy California Lease Revenue Bonds maturing in 19 years and yielding 5.82%. Since they’re tax exempt, this is the…(read more)