Posted by: Rick | Friday, March 25, 2011

We’re Not Broke!

“We’re broke.” — The Boner

“No, we’re not.” — Me

 BREAKING NEWS UPDATE!

“Despite high unemployment and a largely languishing real estate market, U.S. businesses are more profitable than ever, according to federal figures released on Friday.

U.S. corporate profits hit an all-time high at the end of 2010, with financial firms showing some of the biggest gains, data from the federal Bureau of Economic Analysis show.  Corporations reported an annualized $1.68 trillion in profit in the fourth quarter.  The previous record, unadjusted for inflation, was $1.65 trillion in the third quarter of 2006.” — Huffington Post

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Responses

  1. Go back to the old format. No comments yet on Obama’s independent decision to go to war? Seems like we don’t have the money for this…..

  2. Go check this out. This made my blood boil!!!

    http://publicintelligence.net/bank-of-america-ge-pay-zero-federal-taxes/


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