Re: OT: Politics [Was:Social Contract]
Steve Lamb <email@example.com> writes:
> Cybe R. Wizard wrote:
>> US $9,900,000,000 (billion) profits /by one oil company/ in one
>> quarter when retail prices were skyrocketing. Does that seem like the
>> oil cartel has the American interests at heart?
> Didn't I address just this in a message 2 days ago? I make a widget for
> $1, sell it for $1.10, make $.10 and everything's ok. I make 2 trillion
> widgets for $1, sell them for $1.10, make 20 billion and there's a
> congressional hearing into the matter even though the price per widget, my
> profit margin, never changed.
The situation is a little be different here. They're not suddenly
selling 2 trillion widgets instead of one. They are selling each one
of them for $1.50 instead of $1.10. And why do they need special tax
breaks when they seem to do well?