Tuesday, August 2, 2011

Apple Richer Than the U.S. Government

                            " …put it into perspective how dire the debt situation is. CNN 
                             is now reporting tech giant Apple now has more cash on hand 
                             than the US government. The latest statement from the
                             treasury shows the government had $73.8 billion in cash
                             available. That’s over $2 billion less than the iPad maker."

                              dire: very serious or extreme
                              These people are in dire need of help.
                              He gave a dire warning that an earthquake was 
                              imminent.
                             treasury:  the government department, in Britain and 
                              various other countries, which is responsible for 
                              financial matters such as spending and tax

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