First of all, Q, it isn't $1.5T that the corporations are sitting on... It's $1.7T and that is just the Fortune 500 companies... Google up "$1.7T" and you'll find plenty of sources... Iv'e red it twice in the last 3 months in the Washington Post...

And, here we go again, on remedial Econ 001 (non credit, remedial)...

GNP is dependent on the multiplicity factor meaning that it isn't the number of dollars but how many times those dollars move from one hand to another... If cash is hoarded then that cash cannot contribute toward the GNP... In other words, it is wasted cash...

This is basic Econ... Not the heavy duty stuff that hurts the head...

I will say this that "credit default swaps" are nothing but racketeering of the rich to squeeze $$$ outta the pool for themselves as "commissions"... These commissions should be illegal... It is money laundering at the highest levels and just a scheme to steal money... It'd be like your buddy asking to hold $100 for him while he went swimming and he comes back and you give him $90... That is what is happening with "credit default swaps" and it is criminal... And it is billion$$$ going to the rich from the payments you make on your house... Or were making before you found the fine print that says they can balloon yer butt after 2 years and now you're losing your house because yer payment doubled...

If the US wasn't so corrupted by the rich people rewriting the rules this shit wouldn't ever happen in any civilized, moral nation...

Our country is so corrupt that it is a joke to the most of the world!!!

B~