Record Profits

Discussion in 'Politics' started by LogikAndReazon, Feb 27, 2012.

  1. LogikAndReazon
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    LogikAndReazon Gold Member

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    whenever a company has managed to rake in excessive profits , they should be confiscated and redistributed to those who have wants and needs........

    especially if the number sounds really, really high to "occupy" types....

    heck if they feel it, it must be true............
     
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  2. g5000
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    g5000 Diamond Member

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    Yes, "excessive" profits are "unfair" and should be "taken" from the oil companies.

    Apple's profits are perfectly okay. Don't touch those.
     
  3. LogikAndReazon
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    LogikAndReazon Gold Member

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    unfair ? to who ?

    the clueless folks that believe a 6% profit margin is too high ? those dimwits ?
     
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  4. CaughtInTheMid
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    CaughtInTheMid Active Member

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    the part that has always confused me is that we keep making the people who are trying to kill us rich. one would think that instead of sending so much money to the middle east, we would be trying every way possible of inventing any new energy source, short of belly button lint, to keep them from having so much international power.

    we're dumb.
     
    Last edited: Feb 27, 2012
  5. healthmyths
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    healthmyths Gold Member Supporting Member

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    Maybe the clueless folks NEED some CLUES!!!
    Fortune 500 2009: Top Performers - Most Profitable Industries: Return on Revenues

    Top industries: Most profitable 2008 Profits as % of Revenues
    1 Network and Other Communications Equipment 20.4%
    2 Internet Services and Retailing 19.4
    3 Pharmaceuticals 19.3
    4 Medical Products and Equipment 16.3
    5 Railroads 12.6
    6 Financial Data Services 11.7
    7 Mining, Crude-Oil production 11.5
    8 Securities 10.7
    9 Oil and Gas Equipment, Services 10.2
    10 Scientific, Photographic, and Control Equipment 9.9
    11 Household and Personal Products 8.7
    12 Utilities: Gas and Electric 8.7
    13 Aerospace and Defense 7.6
    14 Food Services 7.1
    15 Industrial Machinery 6.9
    16 Food Consumer Products 6.7
    17 Electronics, Electrical Equipment 6.5
    18 Commercial Banks 5.2
    19 Telecommunications 5.1
    20 Chemicals 5.0
    21 Construction and Farm Machinery 5.0
    22 Insurance: Life, Health (stock) 4.6
    23 Information Technology Services 4.5
    24 Computers, Office Equipment 4.3
    25 Metals 3.9


    I KNOW ... I KNOW confusing them with the facts !!!
     
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  6. LogikAndReazon
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    LogikAndReazon Gold Member

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    you are right we are dumb. the reason why we are enslaved to arab oil is because weve been awaiting that "new energy source" for 40 years instead of developing proven and dependable energy sources..........
     
  7. asaratis
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    asaratis Uppity Senior Citizen Gold Supporting Member Supporting Member

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    I have heard several numbers mentioned regarding the oil companies' profits on a single gallon of gas. I think it's about TWO CENTS!

    Government taxes on a gallon: about OVER FORTY CENTS!

    The only reason the oil companies show high dollar amounts in profits is that they sell BILLIONS of gallons.

    The profit margin is not all that high. It is just convenient for the government to attack the oil companies because:

    a) the dollar profit number is so high it sounds like TOO MUCH PROFIT

    b) the average liberal voter does not understand profit margin AT ALL

    Liberalism is a mental disorder.
     
    Last edited: Feb 28, 2012
  8. Mr Clean
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    Mr Clean Gold Member

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    Heating oil and gasoline are necessities.

    An Ipod is not.

    See the diffrence?
     
  9. LogikAndReazon
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    LogikAndReazon Gold Member

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    "necessities" should be given to all who want, all who need, and all who demand.................

    because they suffer, and they are special.................

    thats the job of the socialist/marxist/communist politicians, those "caring" types..........lol
     
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  10. Skull Pilot
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    Skull Pilot Platinum Member

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    There is no such thing as "excessive" profits just as there is no such thing as "excessive" income.

    Only people who believe other people should pay their way use the term excessive to qualify profits or income.
     
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