View Single Post
  #14  
Old 10-28-2005, 08:18 AM
GottaDiesel's Avatar
GottaDiesel GottaDiesel is offline
Banned
 
Join Date: Sep 2003
Location: New Jersey
Posts: 1,564
Oh brother.

If I make something and sell it for $10.00 and it costs me $5.00 to make I make a $5.00 profit.

If I make something and sell it for $30.00 and it costs me $5.00 to make I make a $25.00 profit.

Exxon, etc. had a record breaking profit quarter. This means they are **MAKING** more money. So either they are (in general terms)

a) selling more of something at their current prices (not the case)
b) selling the same amount of something with lower costs (most likely not the case)
c) selling the same amount (or slightly more or less) of something and selling it for more money (this is the right choice)

This thread has *nothing* and I mean NOTHING to do with conservation, supply or demand and EVERYTHING to do with PROFIT. Do I think it is wrong to make a profit? No way Jose! -- Do I think it is wrong to do it by telling the American people a line of bullcrap? You bet!!!!
Reply With Quote