NEW YORK ( TheStreet) -- I sure do love the management team at Apple ( AAPL). It's not because I own shares in the company (this has nothing to do with whether my clients or myself own shares), but because of the lessons they can teach all of us, especially our friends in Washington, D.C. about removing uncertainty from the investment landscape. Specifically, on Jan. 24, 2012 when the company released its earnings, it became evident that Apple's cash hoard was going to pass $100 billion in 2012. In politics, this is what would be called a flashpoint issue. An accumulation of so much cash could only provoke constituents (read shareholders) into wondering why it was holding onto that much of their money. At the annual meeting less than 30 days later, the issue was discussed, and on March 19, the issue was settled with the announcement of an annual dividend of $10.60.
Apple CEO Tim Cook
A lot of people didn't agree with the decision. But that's beside the point. The fact is they made a decision, and by doing so, removed all of the uncertainty regarding the dividend issue. Now Apple shares can trade on fundamentals rather than speculation. Now let's take a trip from Cupertino over to Washington D.C. where no decisions seem to get made. I'm not bringing this up just to rage against the machine (well maybe a little). I'm suggesting that the absence of decision-making on important fiscal issues not only leaves an overhang of uncertainty - which is bad for investors -- but that ultimately some of these issues will come home to roost in ways that are very bad for all of us. Here are three. 1. Inability to approve a federal budget. OMG, who operates without a budget? Apparently we do. It's been more than a 1,000 days since the federal government approved a budget. What does this mean? It means that we are running the pearl of capitalism on a series of makeshift resolutions. This matters because it could, at some point, have a huge influence on the price at which we borrow money. If the Chinese said, "We'll buy Treasury securities, but since you are in essence flying blind, we think there's more risk, and we need a higher yield," there's not much we could do. Just like all those homebuyers who bought houses with teaser rates, we may find that life becomes very difficult when rates rise.