TightWind is written by Kyle Baxter. Stay Hungry. Stay Foolish.

The Economist’s Schumpeter blog:

American companies are sitting on a gigantic pile of cash; Apple alone has $76 billion in the bank. Why won’t corporate America invest in America? It does not help that domestic demand is feeble, and that the global economy is in turmoil. But American politicians deserve some of the blame. Their unpredictability erodes confidence. The gulf between American business and the Obama White House is growing ever wider, as business-friendly insiders (such as Larry Summers, an economic adviser) leave the administration. Even more dangerously, the gulf between business and the rest of the country is widening: opinion polls show that American businesspeople are losing faith in their country even as ordinary Americans are losing faith in business.

I’ve heard anecdotes of very, very large banks that aren’t lending at all right now to not-insignificant companies due to market and political uncertainties. There’s very good reason to think that at least part of our economic weakness is due to it, and it’s only getting worse.