05-30-2008, 08:40 PM
Quote:Just another thought though guys...when you think about any large corporations, just about all of them are stockpiling massive profits. Even look at large Banks. There's no need for that, really. If what Jim says is an accurate account of Exxon's profits, that's a bit much. The company should keep what it needs to expand new ventures and for emergency measures. The rest should balance out. But alas...
Let's face it, eventually the price of gas will reach a crescendo and something will happen. Then, miraculously a new "water" run car will come out just in time to save the day...made of course by the large auto makers! lol
There's no getting away from human greed.
Matt who are we to say that a company is earning too much? Corporations are in the business to make money for the shareholders, and not to pander their investments to Joe Schmoe.
Stockpilling profits could be seen as a savings account, just like the one you and I have.
"...quemadmodum gladius neminem occidit, occidentis telum est."
a.k.a. Paul M.
a.k.a. Paul M.
