I wouldn't buy a F$%&^ newspaper at an Exxon station... - Page 2 - PeachParts Mercedes-Benz Forum

Dee8go · #16 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 · #17 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 · #18 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 · #19 02-01-2008, 05:40 PM

Quote:

Originally Posted by Dee8go

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 · #20 02-01-2008, 05:52 PM

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 · #21 02-01-2008, 05:56 PM

Quote:

Originally Posted by John Doe

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 · #22 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 · #23 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 · #24 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

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 · #25 02-02-2008, 01:32 AM

Quote:

Originally Posted by Carleton Hughes

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 · #26 02-02-2008, 02:09 AM

Quote:

Originally Posted by MS Fowler

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 · #27 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 · #28 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 · #29 02-02-2008, 09:58 AM

Quote:

Originally Posted by aklim

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 · #30 02-02-2008, 10:06 AM

Quote:

Originally Posted by tankdriver

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