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-   -   I wouldn't buy a F$%&^ newspaper at an Exxon station... (http://www.peachparts.com/shopforum/off-topic-discussion/212481-i-wouldnt-buy-f%24%25-%5E-newspaper-exxon-station.html)

Dee8go 02-01-2008 05:28 PM
I think it's funny that the various companies that were Standard Oil and AT&T are now coming back together.

John Doe 02-01-2008 05:30 PM
Howdy Carleton. Funny you should show up: I had some peach brandy left over from waterfowl season, and a slight cough, so I am currently sipping a 'Makers and peach brandy 'manhattan' (shaken and strained). Things are still a little syrupy for me, but the cough is going......

Dee8go 02-01-2008 05:32 PM
That reminds me of some Southern Comfort punch I had at a party a while back I think it had peach brandy in it, too. It was pretty good.

dynalow 02-01-2008 05:40 PM
Quote:
Originally Posted by Dee8go (Post 1750270)
I think it's funny that the various companies that were Standard Oil and AT&T are now coming back together.
Colbert on ATT

http://www.youtube.com/watch?v=I6nuwQmhrZ8

randybmclean 02-01-2008 05:52 PM
Luke, come over to the dark side
 
Up here in Canada our government has grown our Canada Pension Plan into 130 billion in just over 7 years thanks to the stock market. We ***** about carbon foot prints, and corn fed ethynol plants, ADM and Cargil but I still want my pension, when the time comes. By Shell, Syncrude, Oil Sands...it doesn't matter we are all part of the problem. So last one out don't forget to turn off the lights.

Illegitmi non carborundum

Carleton Hughes 02-01-2008 05:56 PM
Quote:
Originally Posted by John Doe (Post 1750272)
Howdy Carleton. Funny you should show up: I had some peach brandy left over from waterfowl season, and a slight cough, so I am currently sipping a 'Makers and peach brandy 'manhattan' (shaken and strained). Things are still a little syrupy for me, but the cough is going......
That's good.At times I will depart from convention and use Bourbon and Courvoisier myself.

MS Fowler 02-01-2008 06:03 PM
Many people love to complain about huge profits.
Does anyone know what is the capital invested? IOW what is the return on the investment? Gross numbers of profit mean almost nothing; the ROI is meaningful.
Does anyone have the figures?

dynalow 02-01-2008 06:27 PM
Key data on Exxon..

http://finance.yahoo.com/q/ks?s=XOM

In 2006 EM paid 7 billion in dividends while repurchasing 28 billion of their own stock. Lots and lots of free cash flow...;)

Emmerich 02-02-2008 12:11 AM
The return on investment for oil companies is typically in the 10-15% range.

Compare that to what was made in the dot com era, or in real estate. Didn't hear too much outrage over "windfall profits" in those cases.



Quote:
Originally Posted by MS Fowler (Post 1750315)
Many people love to complain about huge profits.
Does anyone know what is the capital invested? IOW what is the return on the investment? Gross numbers of profit mean almost nothing; the ROI is meaningful.
Does anyone have the figures?

tankdriver 02-02-2008 01:32 AM
Quote:
Originally Posted by Carleton Hughes (Post 1750267)
Look Sport...Money is money and so long as we exist in and support an unregulated free-market economy,little,piddling Morality issues are irrelevant.

The whole system of Venture Capital is predicated upon the fact that a fat balance sheet is good for the investors who have risked their money,not to mention the employment factor.....

So,we have Monopolies,and there may perhaps be manifold abuses which on occasion stick in our craw,but can you outline a better system?would you have eveything regulated so that there will be paltry incentive to strive for a profit?
I don't know, those child labor laws put into the books 100some years ago don't seem to have destroyed incentive to strive for a profit.
I think a better system than free market is fair market.

aklim 02-02-2008 02:09 AM
Quote:
Originally Posted by MS Fowler (Post 1750315)
Many people love to complain about huge profits.
Does anyone know what is the capital invested? IOW what is the return on the investment? Gross numbers of profit mean almost nothing; the ROI is meaningful.
Does anyone have the figures?
This was on another board. They spent 364 to get 404. 40 profit which means what? 11%? I would hope my company makes more than 11% or i might have to close shop and go fishing.

RichC 02-02-2008 05:32 AM
.

If you think your not a slave to Exxon your a idiot,
and a slave.

If you think this is a free market economy you don't know siht
about the Federal Reserve and government lobbyists.

If you think money is the source of happiness
You live in fear, and will only find fleeting temporary happiness.

Wake up people, before it is too late for everyone !!!

Thank you
Have Fun !
RichC

.

POS 02-02-2008 09:51 AM
Fine with me if Exxon makes that much cash - they're a well-run company that pays their employees well. Those employees buy cars, houses, furniture, vacations, land, and invest in stock markets. When the companies do well, we all do well. Wake up.

SwampYankee 02-02-2008 09:58 AM
Quote:
Originally Posted by aklim (Post 1750637)
This was on another board. They spent 364 to get 404. 40 profit which means what? 11%? I would hope my company makes more than 11% or i might have to close shop and go fishing.
If we don't make 19.4% we can't cover our expenses and might as well close the door. If we can't make 32%+ our compensation wouldn't be commensurate with the time, money and effort we put in.

The number of cars in line determines where I buy my gas/diesel. I hate waiting around and jockeying for position.

Botnst 02-02-2008 10:06 AM
Quote:
Originally Posted by tankdriver (Post 1750627)
I don't know, those child labor laws put into the books 100some years ago don't seem to have destroyed incentive to strive for a profit.
I think a better system than free market is fair market.
Power resides in who gets to define "fair market". Should it be by popular vote or a closet full of eggheads?

Inquiring minds want to know.

B


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