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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (315966)12/16/2006 11:15:52 AM
From: Elroy  Read Replies (1) of 1578465
 
re: That's EBITDA, not even operating margin, but their EBITDA margin is barely over 1% (29 million over 2.4 billion). Go get them John, record profits in the meat packing industry!

So they raise prices (along with their competition). You pay $0.25 more per pound for your strip steak and a whole bunch of employees in the industry can make ends meet and spend some discretionary $'s, which helps the economy.

Plus, the company actually obeys the law! What a shocking idea!


John this was all about the idea that the employers which hire illegals are making record profits. I said illegals are likely hired by small business, and you are probably discussing the S&P 500 when you discuss record profits. They are for obvious reasons, not the same beasts.

Do you want to retract your earlier statement that the employers that hire illegals are making record profits? If so, we don't need to discuss it anymore. If not, please provide some evidence (since Swift meat packers aint it) that the employers hiring illegals are reporting record profits.
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