quote:Originally posted by IWISHIHAD: This discussion we have had has really nothing to do with where the greed might start with different people. It has to do with where it is now or in some of these cases where it ended and who suffered from it.( home owners,investors etc) You have tried to get away from the real point to try and justify that Greed is Good.
Let's look at it in a different way. Greed is good in some instances and bad in other instances.. i never said it was wholly good nor wholly bad... this country whether you like to admit it or not became a economic power throughout it's history due to some effort of Greed... we try to expand our form of capitalism/americanism due to Greed... the pursuit of more almighty dollars (though lately those dollars aren't worth much as we know).... if this country was not "greedy" we would not be the economic,political or otherwise power that we are though thats debatable if our power is diminishing lately... I'll quote another related line from Wall Street:
"We make the rules, pal. The news, war, peace, famine, upheaval, the price of a paper clip. We pick that rabbit out of a hat while everybody sits around wondering how the hell we did it. Now you’re not naïve enough to think that we’re living in a democracy, are you, Buddy? It’s the free market, and you’re part of it."
-------------------- Let the world change you... And you can change the world.
Calling me a self righteous prick because I point out the attitude that you have portrayed here, is a bit over the line.
Anymore so then calling me bipolar without knowing me personally?
Btw I never said I pursue(d) someone else's gf or wife. I merely said the Greed of love for a taken woman would make one to do so or just simple love for a single woman. Pursuing the love a woman in itself is Greed for it whether single or not.
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by IWISHIHAD: But you did hit the subject of Greed pretty well. How much money can these indivuals really spend?
Great example of Greed.
In this example Greed is Good for Exxon (and the other oil companies and related industries). Perhaps the word "Good" is what should be discussed instead.
Anyways I'm glad others see Propertymanagers radical right wing views and his delusions of all else that is not with his own views.
-------------------- Let the world change you... And you can change the world.
posted
Agreed. But most of these people that are receiving the money in large trucks probably think a better word might be the one Tony the Tiger uses "Great".
But then again maybe it has become so routine to them it doesn't even matter much anymore.
As in the case of Enron it was great until they started looking at possible prison time and then they had to reassess the word great.
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Yah, "good" is understated but perhaps is used to not seem so politically incorrect. Now I have Tony the Tiger image in my head- Greed is Great!!! lol
-------------------- Let the world change you... And you can change the world.
quote:Oil company profits are indeed obscene. Just ask the oil companies, who are reporting the greatest percentage profits ever and bragging about it.
Even with their record profits, their profit margin is only about 7.6%. That's far lower than Pharmaceuticals, Biotech, Financial Services, Software, Telecom, and even Food and Beverage!
quote:Percentage profits, doofus, " Do you get it now?".
I see you're back to acting like a 3rd grader bdgee. No surprise there.
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quote:Originally posted by Propertymanager: No, you better read it again. My point is that they are NOT making obscene profits. That's the reason you aren't buying it. Contrary to the wacko left, the oil company profit margins are not that good. It just sounds like a lot because the companies are so big!!! Do you get it now?
they are in fact making obscene profits. the issue is HOW they re-invest the profits. the stock is not showing growth commensurate with profits.
i can take any profitable company and make it unprofitable without changing the amount of cash flow. just changing where it flows and doesn't...
theres another GOP JOKE being circulated on the campaign trail
America has the highest and most repressive corporate tax rates.
but?
when you look hard? you'll find corporations more or less choose exactly how much tax they wish to pay...
take Wachovia for instance?
on 900 million (or so) in profits? they've managed to pay ZERO taxes several times since 2000...
Boeing is another example. their tax rate is actually NEGATIVE...
think about how that works for awhile and then tell me we have repressive corporate taxes in the USA... it's laughable.. yet the talking heads repeat itover adn over and "consumers" beleive it...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:the issue is HOW they re-invest the profits.
So, Glassman, what's your idea? Take the money from the oil companies and give it to the lazy? They want to re-invest it to drill for oil in ANWAR, but the wacko environmentalists don't want the vast wilderness disturbed with a teeny little oil pipeline. And how about all those companies with a higher profit margin? Take the profit from the food and beverage industry and give it to who? Maybe the socialists in L.A. so that they can build a bridge to put the homeless under (so they won't be on the streets).
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How about for a start give it back to more of the people that have helped them get where they are at. Lets see a little more fairness in salaries, bonuses and benefits. Then move on from there.
If we see more fairness we will see less people on the streets and less looking for low income housing. Good would be bad in your case Propertymanager because there would be less tenants.
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quote:How about for a start give it back to more of the people that have helped them get where they are at. Lets see a little more fairness in salaries, bonuses and benefits. Then move on from there.
How would you define "fairness" in salaries, bonuses, and benefits?
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I would like to go into right now but have to run, baseball for the kids is more important. But when i get back will discuss it if someone hasn't filled in the gap by then.
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quote:How about for a start give it back to more of the people that have helped them get where they are at. Lets see a little more fairness in salaries, bonuses and benefits. Then move on from there.
How would you define "fairness" in salaries, bonuses, and benefits?
2007 Executive PayWatch
The CEO of a Standard & Poor's 500 company made on average $15.06 million in total compensation in 2006, according to a report by The Corporate Library. Problems with executive compensation came to a head in 2006 with large severance packages given to departing CEOs who performed poorly. Other CEOs left in connection with stock options backdating scandals at their companies. The stock options backdating scandal reveals a flawed compensation system in which CEOs can take what they want from their companies and their shareholders with impunity. This highlights the need for further reform to protect companies and their investors.
and if you think the AFLCIO is biased you are correct, but that doesn't mean they are WRONG:
Special Report CEO Compensation Forbes staff, 04.23.04, 7:00 AM ET
1997 1998 1999 2000 2001 2002 2003 2004
The heads of America's 500 biggest companies received an aggregate 8% pay raise last year; as a group their total compensation amounted to $3.3 billion versus $3.1 billion in fiscal 2002. We define total compensation as salary and bonus; 'other' compensation includes vested restricted stock grants, and 'stock gains,' the value realized from exercising stock options during the just-concluded fiscal year.
For these companies in which the chief executive has been in office six years or longer, we looked at average six-year total compensation and compared this to long-term stock performance of industry peers as well as the overall stock market. We graded executives from A+ to F based on this analysis.
March 20, 2007 An Open Letter to Pfizer's CEO $11 Million Salary, 36% Raise and 10,000 Fired Employees
By PETER ROST, M.D.
Dear Jeff,
You made $11 million last year, you just fired 10,000 employees, and you got a 36% raise this year.
And that's the problem.
You can't cut back and fire ten thousand hardworking people, ask the remaining employees for sacrifices, and then accept a 36% raise in base pay.
That makes you lose credibility. (And I'm not even taking into account how you fell flat on your face, trying to hype torcetrapib.)
Your predecessor, Dr. Hank McKinnell, was shipped out of Pfizer dressed in tar and feathers, holding his $200 million grab bag, to the sound of employees and shareholders chanting "Give it back, Hank." The WSJ even wrote an article with the headline "Off with their heads," based on Pfizer's executive pay for non-performance.
If you read what your employees are saying, such as this, you will realize you just lost their respect; they've stopped calling you Kindler and replaced that with Swindler.
And without those employees and their support, you are just one man, putting his legs into his pants, one at a time, like the rest of us.
Without the support of your employees, you will fail, just like your predecessor.
Jeff, please act like a leader: Don't accept the raise.
You already made $11.4 million in 2006. You can afford to do the right thing.
Best regards, Peter Rost
Peter Rost, M.D., is a former Vice President of Pfizer. He became well known in 2004 when he emerged as the first drug company executive to speak out in favor of reimportation of drugs. He is the author of "The Whistleblower, Confessions of a Healthcare Hitman." See: ]http://the-whistleblower-by-peter-rost.********.com/
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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Beedge writes, "He wakes up in the exact same world every day."
Whatever...
My point is, he's a goose.
Another DWE.
I say ignore him, and maybe he'll go away.
I simply don't have time for peeps who aren't sincere in their discovery process. Who knows, maybe he has attention deficit disorder...but if so, he needs to say that so we can cater to it.
Otherwise, as is, it's like trying to talk to a crackhead WEIHTH THOUGHTSASFS MAYbe thoughts STREAMINGGAGS a GillION Miles PER MillISEONDddd* thru a S-C-R-A-M-B-L-E-D alkaloid-fueled, thyroid-damaged metabolism.
Who's got the time and energy?
Not me...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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Well, on second thought.....I could, but there is no good reason to and every good reason not to consider him more than a scumbag that makes everyone around want to take a bath after he opens his yap.
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You lefties just can't face reality. You can sling your 3rd grade insults at everyone who doesn't subscribe to the socialist line, but people with common sense know better.
Mach made silly claims that concealed carry permits didn't lower violent crime. I posted a link to a well researched study on the subject and you lefties couldn't accept the truth.
You lefties like to make wild, unsubstantiated claims that the big oil companies are making obscene profits, but when you're confronted with the fact that their profit margins are much lower than other industries, you call me names (like you're still in grade school).
Bdgee says that this country MUST do something about the homeless. I offered several good suggestions about helping the homeless, but bdgee can't come up with a single suggestion, because he claims that the problem is SOOOO complex, it can only be studies but not solved.
Now, we're on a subject where you lefties are claiming that "greed is good" in one sentance, but those evil corporations that provide jobs to millions of our citizens are greedy and therefore evil.
I know that you're trying to argue losing positions, but you could certainly do better than 3rd grade insults if your really try.
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"Bdgee says that this country MUST do something about the homeless. I offered several good suggestions about helping the homeless, but bdgee can't come up with a single suggestion, because he claims that the problem is SOOOO complex, it can only be studies but not solved."
Actually, everything in that blurb is a bald faced lie.....the kind of outrageous invention of supposed quotation that makes one wonder if the liar is remotely sane or demented.
The only "loosing positions" being backed here are those of an 18th century mind-set that our local immature name calling hate monger festoons over his third grade intellect hoping to look like an intellect and concerned citizen.
Propguy, you didn't offer anything credible to anyone's positions here at any time, just narrow minded crap you dig up from questionable sources you aren't capable of recognizing as tainted. You and your hatred and bias turn my stomach and your excuse for research is a pure laugh.....but not the kind that notes enjoyment.
Think of yourself as just another DWE, prop......
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At least a goose with ideas and solutions, as opposed to your lack of anything constructive. Why is it the left can't say what they actually believe?
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Ideas and solutions? From you? Don't let your alligator mouth over run your jaybird a--, 'cause there might not be much left after. You are, as the saying goes, a perfect specimen, made up of exactly two functioning parts, which are interchangeable....a mouth and an a--hole.
All your "ideas" (being generous there) involve calling people names and insulting the non-rich and the those without the non-ultra conservative 18th century mindset of your backward agenda.
Not being of the "left" you speak, I am, strictly, unable to provide an answer to your loaded simple minded question. Were I among them, after noting that I would not be duty bound to acts as you proscribe, I then could easily disprove your insinuations by simply pointing out that I "actually believe" you are a bigoted and mentally deficient numskull.
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I am, strictly, unable to provide an answer to your loaded simple minded question.
So, with no ideas; no solutions; and nothing useful to say, you are relegated to your 3rd grade personal insults and word games against anyone that does have ideas.
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"So, with no ideas; no solutions; and nothing useful to say, you are relegated to your 3rd grade personal insults and word games against anyone that does have ideas"
So, I see you are intellectually restricted to the second grade logical construction that allows the falacious assumption that, if someone does not respond as or if you choose, they can be declared to have been unable to respond and that permits you to speak degradingly of their concerns...or at least the things you claim to be "their concerns".
"I am, strictly unable"... = left outside the restrictions you specified. Are ye dumb and deef?
Can you really be that deficient in the English language?
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for Exxon (and the other oil companies and related industries). Perhaps the word "Good" is what should be discussed instead. ![[Wall Bang]](graemlins/wallbang.gif)
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