<< ``Competition is intense everywhere in the world. In certain countries my company is losing money. So therefore I think it is inappropriate to say we are profiteering,'' he said. >>
Just like the pharmaceutical companies - little profit in overseas sales, but make huge profit in US sales. It is a known fact that US market bears the R&D costs. In all fairness, the overseas markets are also the first clinical test markets, to get get adequate data to satisfy FDA requirement.
Natural gas producers are the ones making a bundle now.
Bush criticism of the oil reserve release shows his inability to make prudent decision. On the other hand, he and many SI posters just don't know how the market forces works. Perhaps a master of feeding mass fear, greed, and paranoia? I doubt that will work with genX'ers.
Anybody here keeping emergency cash reserve under the mattress, and never use it except for that utmost emergency?, and what is that dire emergency? I know a person who does. He is prepared and ready for a 1929-early 1930's type of economic collapse and become one of the richest people in the city. BTW, this paranoid guy is a government worker and a leach to taxpayers. He doesn't want to join the rest of us in foodlines. Har, har, har! ROFLMAO |